Huntington National Bank Cuts Position in Deere & Company $DE

Huntington National Bank cut its stake in Deere & Company (NYSE:DE) by 3.3% in the 4th quarter, according to its most recent disclosure with the SEC. The institutional investor owned 48,241 shares of the industrial products company’s stock after selling 1,624 shares during the period. Huntington National Bank’s holdings in Deere & Company were worth $22,460,000 as of its most recent SEC filing.

Several other hedge funds and other institutional investors also recently added to or reduced their stakes in the stock. Northwestern Mutual Wealth Management Co. grew its position in Deere & Company by 1,725.8% during the fourth quarter. Northwestern Mutual Wealth Management Co. now owns 2,003,715 shares of the industrial products company’s stock valued at $932,870,000 after acquiring an additional 1,893,972 shares during the last quarter. M&T Bank Corp grew its position in Deere & Company by 1,199.8% during the fourth quarter. M&T Bank Corp now owns 1,864,701 shares of the industrial products company’s stock valued at $868,149,000 after acquiring an additional 1,721,239 shares during the last quarter. Van ECK Associates Corp grew its position in Deere & Company by 278.0% during the third quarter. Van ECK Associates Corp now owns 487,697 shares of the industrial products company’s stock valued at $223,005,000 after acquiring an additional 358,687 shares during the last quarter. Invesco Ltd. grew its position in Deere & Company by 21.7% during the third quarter. Invesco Ltd. now owns 1,815,007 shares of the industrial products company’s stock valued at $829,930,000 after acquiring an additional 323,512 shares during the last quarter. Finally, Capital World Investors grew its position in Deere & Company by 5.5% during the third quarter. Capital World Investors now owns 6,233,740 shares of the industrial products company’s stock valued at $2,850,687,000 after acquiring an additional 322,582 shares during the last quarter. 68.58% of the stock is currently owned by hedge funds and other institutional investors.

Key Stories Impacting Deere & Company

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

• Positive Sentiment: RBC raised its price target on Deere to $752 and reiterated an outperform rating, citing solid fiscal Q2 execution and resilience despite tough core market conditions.
• Positive Sentiment: Truist also maintained a buy rating on Deere, reflecting continued confidence in the company’s earnings power and long-term outlook.
• Positive Sentiment: Deere announced a quarterly dividend of $1.62 per share, reinforcing its return-of-capital story for income-focused investors. Deere & Company Announces Quarterly Dividend
• Positive Sentiment: Thoughtworks was recognized as a Partner-level supplier in Deere’s Achieving Excellence Program, highlighting Deere’s focus on supplier quality and operational excellence. Thoughtworks Recognized as John Deere Partner-Level Supplier in 2026 Achieving Excellence Program
• Neutral Sentiment: Deere remains a heavily watched stock on Zacks, suggesting investor attention is elevated, but this is not a direct fundamental catalyst. Here is What to Know Beyond Why Deere & Company (DE) is a Trending Stock
• Neutral Sentiment: Planet Labs received a Deere sustainability award, which reflects Deere’s supplier standards but is unlikely to move the stock on its own. Planet Labs PBC Receives John Deere Sustainability Award
• Negative Sentiment: Benzinga reported fading stock momentum, weaker agricultural conditions, and fertilizer cost pressure tied to geopolitical risks, suggesting near-term headwinds for Deere’s shares.

Wall Street Analyst Weigh In

A number of research analysts have commented on DE shares. Oppenheimer reiterated an “outperform” rating and set a $680.00 price target (down from $715.00) on shares of Deere & Company in a research report on Wednesday. Barclays increased their price target on shares of Deere & Company from $530.00 to $640.00 and gave the company an “overweight” rating in a research report on Tuesday, March 31st. DA Davidson reduced their price target on shares of Deere & Company from $775.00 to $685.00 and set a “buy” rating on the stock in a research report on Friday, May 22nd. Robert W. Baird reduced their price target on shares of Deere & Company from $580.00 to $525.00 and set a “neutral” rating on the stock in a research report on Friday, May 22nd. Finally, Royal Bank Of Canada increased their price target on shares of Deere & Company from $736.00 to $752.00 and gave the company an “outperform” rating in a research report on Tuesday. Fifteen research analysts have rated the stock with a Buy rating and nine have given a Hold rating to the company’s stock. According to MarketBeat, the stock currently has an average rating of “Moderate Buy” and a consensus target price of $638.08.

Deere & Company Price Performance

Shares of Deere & Company stock opened at $529.26 on Thursday. The company has a debt-to-equity ratio of 1.54, a current ratio of 2.18 and a quick ratio of 1.95. The business’s 50 day simple moving average is $573.56 and its two-hundred day simple moving average is $541.56. The stock has a market capitalization of $142.96 billion, a P/E ratio of 29.99, a price-to-earnings-growth ratio of 1.97 and a beta of 0.96. Deere & Company has a one year low of $433.00 and a one year high of $674.19.

Deere & Company (NYSE:DE) last announced its quarterly earnings results on Thursday, May 21st. The industrial products company reported $6.55 EPS for the quarter, topping analysts’ consensus estimates of $5.70 by $0.85. The business had revenue of $11.78 billion for the quarter, compared to analysts’ expectations of $11.55 billion. Deere & Company had a return on equity of 18.25% and a net margin of 10.09%.The business’s quarterly revenue was up 5.4% on a year-over-year basis. During the same period in the previous year, the firm earned $6.64 EPS. Analysts forecast that Deere & Company will post 18.05 EPS for the current year.

Deere & Company Announces Dividend

The business also recently declared a quarterly dividend, which will be paid on Monday, August 10th. Shareholders of record on Tuesday, June 30th will be paid a $1.62 dividend. This represents a $6.48 dividend on an annualized basis and a yield of 1.2%. The ex-dividend date of this dividend is Tuesday, June 30th. Deere & Company’s payout ratio is 36.71%.

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.