Washington Trust Advisors Inc. Reduces Holdings in Deere & Company $DE

Washington Trust Advisors Inc. trimmed its stake in Deere & Company (NYSE:DE) by 1.3% during the fourth quarter, according to its most recent 13F filing with the Securities and Exchange Commission (SEC). The fund owned 66,186 shares of the industrial products company’s stock after selling 896 shares during the period. Deere & Company makes up 2.4% of Washington Trust Advisors Inc.’s investment portfolio, making the stock its 12th largest holding. Washington Trust Advisors Inc.’s holdings in Deere & Company were worth $30,814,000 as of its most recent filing with the Securities and Exchange Commission (SEC).

A number of other hedge funds have also recently modified their holdings of the stock. Cerro Pacific Wealth Advisors LLC grew its position in shares of Deere & Company by 0.6% in the 4th quarter. Cerro Pacific Wealth Advisors LLC now owns 3,179 shares of the industrial products company’s stock valued at $1,480,000 after buying an additional 19 shares during the last quarter. Verdence Capital Advisors LLC grew its position in shares of Deere & Company by 2.7% in the 4th quarter. Verdence Capital Advisors LLC now owns 773 shares of the industrial products company’s stock valued at $360,000 after buying an additional 20 shares during the last quarter. Bouchey Financial Group Ltd grew its position in shares of Deere & Company by 4.4% in the 3rd quarter. Bouchey Financial Group Ltd now owns 500 shares of the industrial products company’s stock valued at $229,000 after buying an additional 21 shares during the last quarter. Silvant Capital Management LLC grew its position in shares of Deere & Company by 0.5% in the 3rd quarter. Silvant Capital Management LLC now owns 4,449 shares of the industrial products company’s stock valued at $2,034,000 after buying an additional 21 shares during the last quarter. Finally, Blue Chip Partners LLC grew its position in shares of Deere & Company by 1.4% in the 2nd quarter. Blue Chip Partners LLC now owns 1,574 shares of the industrial products company’s stock valued at $801,000 after buying an additional 21 shares during the last quarter. 68.58% of the stock is owned by hedge funds and other institutional investors.

Analysts Set New Price Targets

A number of research firms recently commented on DE. 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 research report on Thursday, April 2nd. Bank of America raised their price objective on shares of Deere & Company from $502.00 to $672.00 and gave the stock a “neutral” rating in a research report on Friday, February 20th. Barclays raised their price objective on shares of Deere & Company from $530.00 to $640.00 and gave the stock an “overweight” rating in a research report on Tuesday, March 31st. Argus raised their price objective on shares of Deere & Company from $540.00 to $700.00 and gave the stock a “buy” rating in a research report on Tuesday, March 3rd. Finally, JPMorgan Chase & Co. raised their price objective on shares of Deere & Company from $525.00 to $550.00 and gave the stock a “neutral” rating in a research report on Friday, April 10th. Sixteen analysts have rated the stock with a Buy rating and nine have assigned a Hold rating to the company. According to data from MarketBeat, the stock currently has an average rating of “Moderate Buy” and an average price target of $655.45.

Deere & Company Trading Down 1.0%

Shares of Deere & Company stock opened at $574.70 on Friday. Deere & Company has a 1 year low of $433.00 and a 1 year high of $674.19. 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 company has a market capitalization of $155.23 billion, a P/E ratio of 32.40, a PEG ratio of 2.03 and a beta of 0.96. The company’s fifty day moving average is $586.28 and its two-hundred day moving average is $532.75.

Deere & Company (NYSE:DE) last issued its quarterly earnings data on Thursday, February 19th. The industrial products company reported $2.42 earnings per share (EPS) 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 company had revenue of $9.61 billion for the quarter, compared to the consensus estimate of $7.50 billion. During the same period last year, the firm posted $3.19 EPS. Deere & Company’s revenue for the quarter was up 17.5% on a year-over-year basis. Analysts forecast that Deere & Company will post 18.01 earnings per share for the current year.

Deere & Company Announces Dividend

The company also recently announced a quarterly dividend, which was paid on Friday, May 8th. Stockholders of record on Tuesday, March 31st were paid a $1.62 dividend. This represents a $6.48 annualized dividend and a dividend yield of 1.1%. The ex-dividend date was Tuesday, March 31st. Deere & Company’s dividend payout ratio (DPR) is 36.53%.

Key Deere & Company News

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

• Positive Sentiment: New commentary highlighted Deere as an agtech and food-innovation beneficiary, pointing to demand for smarter farming, sustainable ingredients, and protein solutions that could support long-term revenue growth. 3 AgTech & Food Innovation Stocks to Watch as Food Systems Evolve
• Positive Sentiment: A Seeking Alpha analysis argued Deere could be heading toward a Q2 earnings beat, citing industry tailwinds that may help support demand and investor sentiment ahead of results. Deere: Q2 Earnings Beat Could Be On The Way With Industry Tailwinds
• Positive Sentiment: Investors also got a constructive industry backdrop from a report projecting the forestry equipment market to expand through 2030, which supports Deere’s exposure to forestry and broader equipment demand. Forestry Equipment Industry Report 2026
• Neutral Sentiment: Deere appointed Brent Norwood as CFO, a leadership change that keeps attention on valuation, capital allocation, and execution of its Smart Industrial strategy, but does not appear to be an immediate earnings driver. New Deere CFO Appointment Puts Focus On Valuation And Capital Allocation
• Neutral Sentiment: Supplier-recognition updates for Deere partners reinforced the company’s manufacturing ecosystem, but these announcements are not likely to materially move DE shares on their own. Ascent Global Logistics Earns Recognition as a John Deere Partner-Level Supplier
• Negative Sentiment: Recent market coverage noted Deere has been declining more than the broader market, reflecting investor caution after the stock’s recent run and suggesting some near-term profit-taking. Deere (DE) Dips More Than Broader Market: What You Should Know

Deere & Company Profile

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.