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Bradley Foster & Sargent Inc. CT Buys 8,045 Shares of Deere & Company $DE
Bradley Foster & Sargent Inc. CT increased its stake in Deere & Company by 4.8%, acquiring 8,045 shares to reach a total of 175,308 shares valued at approximately $80.16 million, making it their 22nd-largest holding. This comes after Deere reported strong Q1 earnings, beating analyst expectations with $2.42 EPS and $9.61 billion in revenue, leading to several analyst price target increases and a consensus “Moderate Buy” rating. Despite the institutional buying, CEO John C. May II and insider Cory J. Reed recently reduced their personal holdings through significant share sales.