May John C II, an insider at Deere & Co (DE), recently acquired 123,559 shares of the company at a price of $254.83 per share, amounting to a total investment of $31.49 million. Following this transaction, May holds a total of 123,559 shares in the company.
This purchase underscores a notable commitment to Deere & Co, a leading player in the machinery industry. The company, headquartered in Moline, Illinois, specializes in manufacturing and distributing equipment for agriculture, construction, forestry, and turf care. With a workforce of approximately 75,800 employees, Deere operates through segments that include production and precision agriculture, small agriculture and turf, construction and forestry, and financial services.
Deere's financial snapshot reveals a market capitalization of $127.0 billion, a price-to-earnings ratio of 24.39, and an earnings per share of 19.13. The company also boasts a dividend yield of 137.9%. Upcoming earnings reports are anticipated on May 13, 2026, and August 12, 2026, with estimated EPS of $6.76 and $5.43, respectively.
Insider transactions can often signal confidence in a company's future prospects. However, investors are advised to consider such activity within a broader context, examining patterns across multiple insiders and time periods rather than relying solely on individual transactions. Transparency in these dealings is mandated by the SEC, providing valuable insight into how executives view their company’s stock.