Korea Investment CORP Sells 43,852 Shares of Deere & Company $DE

Posted by Donna Armstrong on Mar 9th, 2026

Korea Investment CORP cut its position in Deere & Company (NYSE:DE – Free Report) by 21.5% in the 3rd quarter, according to the company in its most recent 13F filing with the Securities and Exchange Commission (SEC). The firm owned 159,722 shares of the industrial products company’s stock after selling 43,852 shares during the period. Korea Investment CORP owned 0.06% of Deere & Company worth $73,034,000 at the end of the most recent reporting period.

A number of other hedge funds and other institutional investors have also added to or reduced their stakes in DE. Bouchey Financial Group Ltd boosted its holdings in Deere & Company by 4.4% in the third quarter. Bouchey Financial Group Ltd now owns 500 shares of the industrial products company’s stock worth $229,000 after acquiring an additional 21 shares in the last quarter. Blue Chip Partners LLC grew its stake in Deere & Company by 1.4% in the second quarter. Blue Chip Partners LLC now owns 1,574 shares of the industrial products company’s stock valued at $801,000 after acquiring an additional 21 shares during the period. TRUE Private Wealth Advisors increased its holdings in shares of Deere & Company by 3.0% during the second quarter. TRUE Private Wealth Advisors now owns 744 shares of the industrial products company’s stock valued at $378,000 after acquiring an additional 22 shares in the last quarter. Forefront Wealth Partners LLC increased its holdings in shares of Deere & Company by 4.1% during the third quarter. Forefront Wealth Partners LLC now owns 564 shares of the industrial products company’s stock valued at $258,000 after acquiring an additional 22 shares in the last quarter. Finally, Highline Wealth Partners LLC raised its position in shares of Deere & Company by 24.7% during the third quarter. Highline Wealth Partners LLC now owns 116 shares of the industrial products company’s stock worth $53,000 after purchasing an additional 23 shares during the period. 68.58% of the stock is owned by institutional investors.

Deere & Company Stock Performance

Shares of DE stock opened at $589.22 on Monday. The company has a debt-to-equity ratio of 1.59, a quick ratio of 1.96 and a current ratio of 2.21. The firm has a market cap of $159.15 billion, a price-to-earnings ratio of 33.21, a P/E/G ratio of 2.07 and a beta of 0.96. Deere & Company has a 52 week low of $404.42 and a 52 week high of $674.19. The firm’s 50-day simple moving average is $551.94 and its two-hundred day simple moving average is $499.62.

Deere & Company (NYSE:DE – Get Free Report) last posted its earnings results on Thursday, February 19th. The industrial products company reported $2.42 earnings per share for the quarter, topping the consensus estimate of $1.90 by $0.52. Deere & Company had a net margin of 10.29% and a return on equity of 18.93%. The firm had revenue of $9.61 billion during the quarter, compared to the consensus estimate of $7.50 billion. During the same quarter last year, the company earned $3.19 earnings per share. The company’s revenue was up 17.5% on a year-over-year basis. As a group, equities analysts forecast that Deere & Company will post 19.32 earnings per share for the current year.

Deere & Company Announces Dividend

The firm also recently declared a quarterly dividend, which will be paid on Friday, May 8th. Shareholders of record on Tuesday, March 31st will be given a dividend of $1.62 per share. This represents a $6.48 dividend on an annualized basis and a yield of 1.1%. The ex-dividend date is Tuesday, March 31st. Deere & Company’s dividend payout ratio (DPR) is presently 36.53%.

Analysts Set New Price Targets

DE has been the topic of several research reports. Truist Financial upped their price objective on shares of Deere & Company from $612.00 to $793.00 and gave the stock a “buy” rating in a report on Friday, February 20th. Weiss Ratings reiterated a “hold (c+)” rating on shares of Deere & Company in a report on Monday, December 29th. Daiwa Securities Group decreased their target price on shares of Deere & Company from $530.00 to $520.00 and set an “outperform” rating for the company in a research report on Tuesday, December 2nd. Jefferies Financial Group lowered shares of Deere & Company from a “hold” rating to an “underperform” rating and upped their target price for the stock from $475.00 to $550.00 in a report on Monday, February 23rd. Finally, Robert W. Baird raised their price target on shares of Deere & Company from $467.00 to $675.00 and gave the company a “neutral” rating in a research report on Friday, February 20th. Sixteen research analysts have rated the stock with a Buy rating, eight have given a Hold rating and one has issued a Sell rating to the stock. According to data from MarketBeat.com, Deere & Company has a consensus rating of “Moderate Buy” and a consensus price target of $647.20.

Read Our Latest Stock Analysis on Deere & Company

Insider Activity at Deere & Company

In other news, insider Cory J. Reed sold 12,000 shares of the stock in a transaction dated Wednesday, January 14th. The shares were sold at an average price of $510.00, for a total transaction of $6,120,000.00. Following the completion of the sale, the insider directly owned 20,792 shares in the company, valued at approximately $10,603,920. This represents a 36.59% decrease in their ownership of the stock. The transaction was disclosed in a document filed with the SEC, which is accessible through this hyperlink. Also, CEO John C. May II sold 41,472 shares of Deere & Company stock in a transaction on Thursday, January 8th. The shares were sold at an average price of $501.49, for a total transaction of $20,797,793.28. Following the completion of the sale, the chief executive officer owned 117,970 shares in the company, valued at approximately $59,160,775.30. This trade represents a 26.01% decrease in their position. The disclosure for this sale is available in the SEC filing. Company insiders own 0.29% of the company’s stock.

Deere & Company News Summary

Here are the key news stories impacting Deere & Company this week:

Positive Sentiment: Acquisition of Tenna — Deere completed the purchase of construction-technology firm Tenna to scale mixed‑fleet telematics and services for its Construction & Forestry segment, signaling incremental recurring‑revenue and product expansion potential. Will Deere’s Tenna Buyout Aid Its Construction & Forestry Segment?
Positive Sentiment: Analyst support — Wells Fargo reiterated a Buy rating for DE, and Argus also flagged upside potential, giving institutional conviction that can underpin the stock amid short‑term noise. Wells Fargo Sticks to Its Buy Rating for Deere (DE) Argus Analyst Says DE Stock Price Expected to Rise
Neutral Sentiment: Trending/attention — Zacks notes DE is a trending stock, increasing retail attention; that can amplify moves but isn’t a directional catalyst by itself. Deere & Company (DE) Is a Trending Stock: Facts to Know Before Betting on It
Neutral Sentiment: Marketing/customer engagement — Deere’s “Building America” excavator contest at CONEXPO boosts brand and dealer engagement; helpful for long‑term demand but not an immediate earnings driver. John Deere Launches Building America Excavator Contest at Conexpo
Neutral Sentiment: Options activity — Unusual options flow suggests speculative positioning that can increase intraday volatility but doesn’t change fundamentals. Looking At Deere’s Recent Unusual Options Activity
Negative Sentiment: Valuation/rotation concerns — After a strong multi‑period run, analysts and articles ask whether much of the upside is already priced in; DE’s premium valuation (P/E elevated vs history) makes it sensitive to any slowdown in farm income or capital‑goods demand. Is It Too Late To Consider Deere (DE) After Its Strong Share Price Run?
Negative Sentiment: Macro & sector risks — Zacks highlights risks (falling farm income, tariff pressure, premium multiple) that could sap upside, and weekly market notes point to geopolitical and economic headwinds that are pressuring cyclical stocks like Deere. DE Gains 33% in a Year: What’s the Right Strategy for Investors Now? MarketBeat Week in Review – 03/02 – 03/06

About Deere & Company

(Free Report)

Deere & Company, commonly known by its brand John Deere, is a global manufacturer of agricultural, construction and forestry machinery, as well as turf care equipment and power systems. Founded in 1837 by blacksmith John Deere—who developed a polished steel plow to improve tillage in tough prairie soils—the company is headquartered in Moline, Illinois, and has grown into one of the largest and most recognizable names in equipment manufacturing worldwide.

The company’s principal businesses include a broad portfolio of agricultural equipment such as tractors, combines, planters, sprayers, harvesters and tillage implements, complemented by precision agriculture technologies and telematics that support farm management, yield optimization and equipment connectivity.