MidWestOne Financial Group Inc. reduced its stake in Deere & Company by 50.8%, selling 4,961 shares. Despite this, major institutions like Vanguard, State Street, and Norges Bank significantly increased their positions, raising institutional ownership to 68.58%. Deere is also adapting to AI and automation in agriculture, with analysts anticipating a strong first-quarter earnings report.
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MidWestOne Financial Group Inc. Sells 4,961 Shares of Deere & Company $DE
MidWestOne Financial Group Inc. reduced its stake in Deere & Company by 50.8%, selling 4,961 shares. Despite this, major institutions like Vanguard, State Street, and Norges Bank significantly increased their positions, raising institutional ownership to 68.58%. Deere is also adapting to AI and automation in agriculture, with analysts anticipating a strong first-quarter earnings report.