Deere & Co.
Caterpillar Stock Fell after Bank of America Rating Downgrade
Caterpillar (NYSE:CAT) was the worst-performing stock on the Dow Jones Index on April 14. Notably, the stock fell by 8.7%.
Deere Q4 Earnings Beat, Stock Falls on Tepid Outlook
Deere & Company (DE) reported slightly better-than-expected earnings results for the fourth quarter. However, the shares fell 4% in the pre-market trade.
Why Deere Might Post Dismal Q4 Earnings Results
Sluggish top-line growth will likely weigh on Deere’s fourth-quarter earnings. Analysts expect the company’s revenues to increase 2.2% YoY.
CAT Dividend Continues amid Slowdown Worries
Today, Caterpillar (CAT) announced that its board of directors voted in favor of maintaining a $1.03 quarterly dividend per share.
PMI Data Sees Trump Blame the Fed: Is He Right?
On October 1, the ISM released the PMI data for September. At 47.8, the reading pointed to a contraction. President Trump again blamed the Fed.
Amid China’s ‘Calm’ Comments, US Markets Soar Today
The US (SPY) stock index futures rose on Thursday after China’s (MCHI) (FXI) positive comments about resolving the trade war.
Would a Currency War Help Boeing, CAT, DE, and GE?
President Trump said that the strong dollar is making it difficult for US manufacturers to compete. The weak dollar could fuel a currency war.
DE’s Construction and Forestry Segment Reports Expanded Q2 Margin
In the second quarter of fiscal 2019, Deere’s (DE) Construction and Forestry segment reported revenue of $2.99 billion.
How Did Deere’s Agriculture and Turf Segment Perform in Q2?
Deere’s (DE) Agriculture and Turf Equipment segment forms the largest portion of its revenue.
Deere’s Q2 Equipment Operations Revenue Reports 5.4% Growth
In the second quarter of fiscal 2019, Deere (DE) reported total revenue of $10.27 billion from its equipment operations.
Deere Plummets on Earnings Miss and Weak Guidance
Deere (DE) announced its fiscal 2019 second-quarter earnings results before the market opened on May 17.
How Deere Stock Has Performed since Q1 Results
Deere (DE) is scheduled to announce its second-quarter earnings on May 17 before the market opens.
3M Launches Expanded Beam Ferrule and Connector System
In a press release on March 5, 3M (MMM) announced that it unveiled its new Expanded Beam Optical Connector System.
DowDuPont: Analysts’ Views after Its Q4 Earnings
DowDuPont’s consensus target price is $67.43, which implies a potential return of 23.3% over the closing price of $54.72 as of February 27.
Deere Announces Regular Quarterly Dividend
In a press release today, Deere (DE) announced the key dates for the first quarter of 2019’s dividend.
Does UBS’s Caterpillar Downgrade Signal an Economic Slowdown?
Today, American industrial giant Caterpillar’s (CAT) stock was trading on a negative note in the premarket session.
Analyzing Deere’s Expected First-Quarter Revenues
Deere (DE) is expected to report revenues of $6.82 billion in the first quarter from its equipment operations.
Deere: Analysts’ Views before Its Q1 Earnings
Deere (DE) is scheduled to announce its earnings for the first quarter of fiscal 2019 on February 15 before the market opens.
Why Loeb Cut Exposure to Netflix, Microsoft, and Alibaba in Q4
In its third-quarter letter to investors, Third Point told investors that it reduced its “tech exposure meaningfully.”
3M’s Q4 2018 Earnings Beat Estimates, Stock Trades in the Green
Today, 3M (MMM) reported fourth-quarter revenues of $7.94 billion, a ~0.6% decline over the fourth quarter of 2017.
How Caterpillar Stock Performed since Its Q3 Earnings
In a press release on January 14, Caterpillar said that it will announce its fourth-quarter earnings results before the market opens on January 28.
Cummins Announces CFO Change
On January 10, 2019, Cummins (CMI) announced that Pat Ward, its current CFO, will retire from his position.
Deere Gets Six Agricultural Innovation Awards
On January 10, 2019, Deere (DE) announced that it had received six AE50 awards.
Deere: Analysts’ Recommendations
For Deere, 68% of the analysts recommended a “buy,” 32% recommended a “hold,” and none of the analysts recommended a “sell.”
Deere Raised Its Cash Dividend: Second Increase in 2018
To be eligible for the dividend, investors should hold Deere stock as of December 31. Deere is expected to pay dividends on February 1.
Can the Market Optimism on the Trade Truce Continue?
The US markets rose on December 3. However, the optimism seems to be fading. The Asian markets weren’t as optimistic on December 4.
3 Stocks Up Over 3% on U.S.-China Trade Talks
Agricultural equipment stocks are getting a boost following a White House press release noting that China will begin purchasing ag products from U.S. farmers immediately. Here’s what you need to know.
Deere’s Agriculture and Turf Segment’s Margin Declined
Deere’s (DE) Agriculture and Turf Equipment segment reported revenues of $5.6 billion in the fourth quarter.
Deere’s Q4 2018 Revenues Maintained the Upward Trajectory
In the fourth quarter, Deere (DE) reported total revenues of $9.42 billion, which included financial services and other revenues.
Deere Misses Analysts’ Q4 Expectations but Still Rises
Deere (DE) reported its earnings results for the fourth quarter of fiscal 2018 before the market opened on November 21.
Can Deere’s Adjusted EPS Beat Wall Street Estimates This Time?
Deere (DE) is expected to post adjusted EPS of $2.45 for the fourth quarter, an increase of 56% on a YoY basis.
Deere’s Q4 2018 Is on Track to Be Best Q4 in Five Years
Deere (DE) is expected to report Q4 revenues of $8.57 billion from its equipment operations.
How Deere Has Performed since Third-Quarter Earnings
Deere’s continued revenue growth due to positive developments could help the stock recover some of its lost ground.
Cummins Will Support the New EPA Norms
Cummins stock gained 2.8% for the week and closed at $147.11. The stock traded 3.9% above the 100-day moving average price of $141.65.
How DowDuPont’s Agriculture Segment Performed in Q3
DowDuPont’s (DWDP) Agriculture segment accounted for 9.7% of DWDP’s Q3 2018 revenues compared to 10.5% in Q3 2017 on a pro forma basis.
Stanley Black & Decker Investor Update: Debt Pricing
SWK stock bounced back sharply after falling due to its third-quarter earnings. The stock gained 12.7% and closed at $124.24 last week.
Stanley Black & Decker’s Exclusive Partnership with Home Depot
Stanley Black & Decker announced that Home Depot will be the exclusive retailer for its Stanley hand tools and storage product portfolio.
How 3M’s Consumer Segment Performed in Q3 2018
3M’s (MMM) Consumer segment reported operating income of $291.0 million in the third quarter compared to $311.0 million in the third quarter of 2017.
Caterpillar’s Q3 Revenue Continued Upward Trend
Caterpillar (CAT) reported revenues of $13.51 billion in the third quarter, an increase of 23.7% on a YoY (year-over-year) basis.
3M Stock Drops 4.4% on Disappointing Q3 2018 Earnings
Today, 3M (MMM) reported Q3 2018 revenues of $8.15 billion, down 0.25% year-over-year. 3M missed analysts’ expectations of $8.39 billion.
Why Honeywell’s Performance Materials Segment Margins Declined
In Q3 2018, Honeywell’s (HON) Performance Materials and Technologies segment was the second-largest contributor to HON’s total revenue.
Analyzing Caterpillar Stock since Its Q2 Earnings
Currently, Caterpillar is trading 8.5% below its 100-day moving average of $143.54, which implies weakness in its stock.
Caterpillar Announces Quarterly Cash Dividend—Makes No Changes
On October 10, Caterpillar declared its latest quarterly dividend. The company said that its board had approved a dividend of $0.86 per common share.
3M’s Unfunded Pension Funds: Analyzing the Trend
3M offers pension and post-retirement benefit plans to its employees. The company has more than 75 defined benefit plans in 27 countries.
Update on Deere’s Senior Leadership Changes
Deere’s senior management will undergo a planned retirement at the end of 2018. The changes will be effective on November 15.
Deere Completed the PLA Acquisition
On September 26, Deere (DE) announced that it completed the acquisition of PLA. Deere entered the definitive agreement to acquire PLA in July.
How Deere’s Valuations Are Trending in 2018 Compared to Peers
As of September 24, Deere’s one year forward PE multiple was 13.3x.
Can Deere Stock Continue Its Recovery?
So far in 2018, Deere (DE) has underperformed the broader market S&P 500 (SPY).
Are Institutional Investors Buying or Selling Deere?
The 13F filings of June 30 indicate that institutional investors own ~67.1% of Deere’s (DE) outstanding shares.
How Much Is Deere’s Fourth-Quarter Dividend?
Deere has declared a fourth-quarter dividend of $0.69 per share, which is an increase of 15% compared to last year.
Deere’s New L-Series II Skidders and Wheeled Feller Bunchers
On September 18, Deere announced the launch of the new L-series II and Wheeled Feller Bunchers. The new series has a simplified design.
Analyzing Caterpillar’s Short Interest
The latest short interest report on August 31 indicates that Caterpillar’s short interest declined compared to its previous report two weeks ago.
Caterpillar: Is Debt Servicing a Big Issue?
Caterpillar has been generating strong free cash flows. In the past five years, Caterpillar has generated an average free cash flow of ~$4.0 billion per year.
Caterpillar Is Part of the Dow Jones Sustainability Index
Caterpillar had a strong week with its stock prices gaining ~2.5%. The stock closed at $144.90 for the week ending September 14.
Deere and Granular Launched a New Product
Deere stock rose 0.1% and closed at $147.76 for the week ending September 14. The stock traded 2.2% above its 100-day moving average price of $144.61.
Stanley Black & Decker to Acquire 20% Stake in MTD Products
Stanley Black & Decker stock gained ~6.6% and closed at $148.34 for the week ending September 14. Stanley Black & Decker has an RSI of 62.
John Deere and Wacker Neuson Enter a Strategic Agreement
Yesterday, John Deere (DE) announced in a press release that it has entered into a strategic supplier agreement with the Germany-based Wacker Neuson.
Deere & Company: Product Updates
Although Deere stock is still down 6.6% year-to-date, analysts are bullish on the stock.
Deere Declared a Regular Quarterly Dividend
On August 29, Deere announced the regular quarterly dividend on its outstanding shares. The dividend is expected to be paid on November 1.
Caterpillar to Divest Its Purpose-Built Forestry Business
On August 29, Caterpillar announced that it intends to sell its purpose-built forestry business. Caterpillar entered into a preliminary agreement with Weiler.
Deere’s G5 Technology for High-Capacity Nutrient Applicators
On August 22, Deere (DE) introduced the new John Deere DN495 Spinner Spreader for the F4365 high-capacity nutrient applicator.
3M’s Dividend Yield Is Steady: Could It Increase?
As of August 30, 3M’s dividend yield was at 2.60%, which shows signs of stabilization. 3M has witnessed a continuous decline in the dividend yield.
How Deere’s Agriculture & Turf Segment Performed in Q3 2018
Deere’s (DE) Agriculture & Turf Equipment segment reported revenue of $6.29 billion in the fiscal third quarter, a 17.8% growth YoY.
Deere Missed Fiscal Q3 2018 Earnings, but Stock Moved Up
Deere (DE) announced its fiscal Q3 2018 earnings before the market opened on August 17. Its adjusted EPS was $2.59, a 31.5% rise YoY.
3M’s Quarterly Dividend and Board of Directors Update
On August 14, 3M (MMM) announced its latest quarterly dividend. 3M declared a dividend of $1.36 per share.
Deere Misses Q3 2018 Adjusted EPS Expectation, Cites Higher Costs
Deere (DE) reported its Q3 2018 results on August 17 before the markets opened. Its adjusted EPS was $2.59, a growth of 31.5% YoY.
Analyzing Deere’s Valuation before Its Earnings
As of August 14, Deere’s forward PE multiple was at 12.5x, while Caterpillar’s PE multiple was at 11.0x. Deere is trading at a premium compared to Caterpillar.
Deere: Analysts’ Consensus before the Third Fiscal Quarter
For Deere, 65% of the analysts recommend a “buy,” 31% recommend a “hold,” and 4% recommend a “sell.”
What to Expect from Deere’s Adjusted Earnings
Deere (DE) is expected to post an adjusted EPS of $2.75 for the third fiscal quarter—an increase of 44% on a YoY (year-over-year) basis.
Deere’s Fiscal Q3 2018 Revenues Could Breach $9 Billion
Deere (DE) is expected to report revenues of $9.21 billion in the third fiscal quarter from its equipment operations.
Stanley Black & Decker to Acquire IES Attachments Business
On August 7, Stanley Black & Decker announced that it signed a definitive agreement to acquire International Equipment Solutions Attachments Group.
Why DWDP’s Materials Science Segment EBITDA Margin Expanded in Q2
DowDuPont’s (DWDP) Material Science segment, which will be spun off and called Dow by the end of Q1 2019, accounted for 51.9% of DWDP’s total revenues in Q2 2018.
Deere’s Latest Acquisition and Stock Price
On July 31, Deere (DE) announced that it has entered into a definitive agreement to acquire PLA—an Argentinian-based company.
Caterpillar’s Q2 2018 Earnings Beat Estimates, Stock Trades Flat
Caterpillar (CAT) reported revenue of $14.01 billion for Q2 2018 today, reflecting growth of 23.7% over Q2 2017.
How Honeywell’s Home & Building Technologies Did in Q2 2018
Honeywell International’s (HON) HBT (Home & Building Technologies) segment is its third-largest revenue contributor.
Deere Increases Dividend after a Gap of Four Years
In a press release on May 30, Deere announced that it will pay dividends on August 1 to shareholders of record as of June 29.
3M Introduces New Skin Tape
On June 8, 3M’s stock fell 0.8% and closed at $204.97.
Honeywell’s Debt Continues to Soar: Should Investors Worry?
Honeywell’s (HON) debt, which has been rising for the past five years, doubled between 2013 and 2017.
3M Completes Its Communication Markets Division Sale to Corning
On June 8, 3M’s stock price gained 3.5% and closed at $206.59.
John Deere Raises Its Quarterly Dividend Rate
On May 30, Deere (DE) declared a dividend of $0.69 per share for shareholders as of June 29, which represents a 15% increase over its previous dividend of $0.60 per share.
SWK’s Dividend Yield Is on the Rise: Is It Attractive Enough?
As of May 30, Stanley Black & Decker’s dividend yield stood at 1.7%, showing an upward trend once again in comparison with the first-quarter dividend yield.
Stanley Black & Decker’s Q2 Dividend: Rates and Key Dates
SWK has declared a second-quarter dividend of $0.63 per share, an increase of 8.6% over the previous year.
3M’s New Sustainability and Product Stewardship Organization
On May 21, 3M (MMM) took a new initiative and announced the formation of the Sustainability and Product Stewardship Organization.
Construction & Forestry Segment’s Revenue, Margins Improved
In the fiscal second quarter, Deere & Company’s (DE) Construction & Forestry segment reported revenue of $2.7 billion.
Deere’s Agricultural Segment Revenue Rises, Margin Contracts
Deere & Company’s (DE) Agriculture & Turf segment is its largest revenue generator.
Deere Stock Is on Fire after Strong Guidance, Missed Estimates
Deere & Company (DE) announced its fiscal second-quarter earnings before the market opened on May 18.
Can 3M Maintain Dividend Growth?
3M declared a cash dividend of $1.36 per share, representing growth of 15.7% over the corresponding year for the same quarter.
Deere: Strong Adjusted Earnings Are Expected in Q2
Deere (DE) is expected to post an adjusted EPS (earnings per share) of $3.31 for the second fiscal quarter—an increase of 32.9% on a YoY basis.
Deere’s Stock Performance since Its Q1 2018 Earnings
Deere (DE) is scheduled to announce its fiscal second-quarter earnings on May 18 before the market opens.
DWDP’s Material Science Segment: Higher Revenue Growth in 1Q18
DowDuPont’s (DWDP) Material Science segment, which is expected to be spun off into a new company by the end of 1Q19, accounted for 55.9% of its total revenues.
Why Honeywell’s Home and Building Technologies Margins Improved
Honeywell International (HON) has made organizational changes to its HBT (Home and Building Technologies) for better alignment.
Incyte: S&P 500’s Top Gainer on April 12
Incyte was the S&P 500’s top gainer on April 12. On April 12, Incyte gained 5.3% and closed the day at $69.83.
Deere & Company Launches Higher Durability Pallet Forks
Deere & Company’s (DE) stock price declined 9.7% and closed at $148.00 for the week ended March 23, 2018.
Deere’s Stock Performance in 2018
In 2018, Deere’s (DE) stock performance has been muted.
How Deere’s Valuation Compares
In this part, we’ll compare Deere’s (DE) valuation with peers’.
What Deere’s Latest Short Interest Data Suggests
Based on the latest short interest report on March 1, 2018, Deere’s (DE) short interest has fallen since the beginning of 2018.
Could Deere Still Attract Long-term Investors?
A dividend yield is the return investors get for every dollar they invest in a company’s equity during their holding period.
A Look at Deere’s 2Q18 Dividends
Deere (DE) has declared its regular cash dividend for 2Q18 to common equity shareholders.
What Are Analysts’ Views on Stanley Black & Decker?
The number of analysts tracking Stanley Black & Decker (SWK) has risen from 21 to 23 in the past six months.
A Look at Stanley Black & Decker’s Dividend Yield
A company’s dividend yield is the return investors get for every dollar invested in the company’s equity.