Deere & Company $DE Shares Bought by Perigon Wealth Management LLC

Perigon Wealth Management LLC raised its stake in Deere & Company (NYSE:DE) by 5.8% in the 4th quarter, Holdings Channel.com reports. The firm owned 18,482 shares of the industrial products company’s stock after acquiring an additional 1,018 shares during the period. Perigon Wealth Management LLC’s holdings in Deere & Company were worth $8,605,000 as of its most recent SEC filing.

A number of other institutional investors have also modified their holdings of DE. Genesis Financial Group LLC acquired a new stake in Deere & Company during the fourth quarter valued at approximately $253,000. BridgePort Financial Solutions LLC lifted its holdings in Deere & Company by 43.0% during the 4th quarter. BridgePort Financial Solutions LLC now owns 649 shares of the industrial products company’s stock worth $302,000 after buying an additional 195 shares during the last quarter. Eldred Rock Partners LLC acquired a new position in shares of Deere & Company in the 4th quarter worth approximately $13,166,000. FNY Investment Advisers LLC bought a new stake in shares of Deere & Company in the 4th quarter valued at approximately $4,003,000. Finally, Beaumont Financial Advisors LLC increased its holdings in shares of Deere & Company by 1.4% in the 4th quarter. Beaumont Financial Advisors LLC now owns 4,717 shares of the industrial products company’s stock valued at $2,196,000 after acquiring an additional 67 shares during the last quarter. Institutional investors and hedge funds own 68.58% of the company’s stock.

Deere & Company Trading Up 0.8%

Shares of NYSE DE opened at $575.49 on Friday. Deere & Company has a 12-month low of $404.42 and a 12-month high of $674.19. The company has a market cap of $155.45 billion, a price-to-earnings ratio of 32.44, a price-to-earnings-growth ratio of 2.00 and a beta of 0.98. The company has a current ratio of 2.21, a quick ratio of 1.96 and a debt-to-equity ratio of 1.59. The stock’s 50 day simple moving average is $583.51 and its 200 day simple moving average is $511.93.

Deere & Company (NYSE:DE) last issued its quarterly earnings data on Thursday, February 19th. The industrial products company reported $2.42 EPS for the quarter, topping analysts’ consensus estimates of $1.90 by $0.52. Deere & Company had a return on equity of 18.93% and a net margin of 10.29%.The firm had revenue of $9.61 billion during the quarter, compared to the consensus estimate of $7.50 billion. During the same period in the prior year, the business earned $3.19 EPS. The firm’s revenue was up 17.5% on a year-over-year basis. Equities research analysts expect that Deere & Company will post 19.32 EPS for the current year.

Deere & Company Announces Dividend

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

Key Deere & Company News

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

• Positive Sentiment: Wolfe Research raised its price target to $660 and maintained an “outperform” rating, signaling stronger earnings/volume expectations that support upside for DE. Wolfe Research PT Raise
• Positive Sentiment: Barclays lifted its target to $640 and kept an “overweight” rating — another institutional vote of confidence that likely helped buying interest. Barclays PT Raise
• Positive Sentiment: Deere announced a marketing/partnership initiative with Major League Baseball, which can boost brand visibility and aftermarket demand over time. John Deere MLB Partnership
• Positive Sentiment: John Deere opened a Central Texas testing facility for new farming technology — a sign of continued investment in precision/ag tech that supports medium‑term revenue and margin expansion. Central Texas Facility
• Neutral Sentiment: Coverage pieces highlight Deere’s leadership in precision farming and its Russell 1000 positioning — positive for narrative but not immediate price catalysts. Precision Farming Coverage
• Neutral Sentiment: A MarketWatch note said the stock rose but still underperformed the broader market — context for relative performance but not a directional catalyst. MarketWatch Note
• Neutral Sentiment: A small‑cap TSXV company (Decisive Dividend Corporation, ticker DE on TSXV) closed a private placement — unrelated ticker noise that can cause confusion in scanners but does not affect Deere & Company. Decisive Dividend Private Placement
• Negative Sentiment: Robert W. Baird cut its price target from $675 to $580 and moved to “neutral,” reducing an optimistic view and trimming expected upside for some investors. Baird PT Cut
• Negative Sentiment: Ongoing U.S. political discussion about tariffs on heavy machinery imported from Mexico poses a regulatory/supply‑chain risk that could increase costs or disrupt production plans if enacted. Tariff Risk Article

Wall Street Analysts Forecast Growth

Several brokerages recently issued reports on DE. Argus raised their price objective on Deere & Company from $540.00 to $700.00 and gave the stock a “buy” rating in a research note on Tuesday, March 3rd. Oppenheimer reiterated an “outperform” rating and set a $715.00 target price on shares of Deere & Company in a research note on Friday, February 20th. Robert W. Baird dropped their target price on shares of Deere & Company from $675.00 to $580.00 and set a “neutral” rating on the stock in a report on Thursday. JPMorgan Chase & Co. reduced their price target on shares of Deere & Company from $480.00 to $460.00 and set a “neutral” rating on the stock in a research report on Friday, December 19th. Finally, Wall Street Zen upgraded shares of Deere & Company from a “sell” rating to a “hold” rating in a research report on Saturday, February 7th. Sixteen research analysts have rated the stock with a Buy rating, eight have assigned a Hold rating and one has given a Sell rating to the company’s stock. According to MarketBeat, Deere & Company presently has an average rating of “Moderate Buy” and a consensus target price of $650.95.

Insider Activity

In related 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 value of $6,120,000.00. Following the sale, the insider owned 20,792 shares of the company’s stock, valued at $10,603,920. This trade represents a 36.59% decrease in their position. The transaction was disclosed in a legal filing with the Securities & Exchange Commission, which is accessible through the SEC website. Also, CEO John C. May II sold 41,472 shares of Deere & Company stock in a transaction dated 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 represents a 26.01% decrease in their ownership of the stock. Additional details regarding this sale are available in the official SEC disclosure. 0.29% of the stock is currently owned by corporate insiders.

About Deere & Company

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.