Bowen Hanes & Co. Inc. Reduces Stock Position in Deere & Company $DE

Bowen Hanes & Co. Inc. reduced its position in shares of Deere & Company (NYSE:DE) by 2.3% in the fourth quarter, HoldingsChannel.com reports. The firm owned 143,247 shares of the industrial products company’s stock after selling 3,430 shares during the period. Deere & Company comprises 1.7% of Bowen Hanes & Co. Inc.’s investment portfolio, making the stock its 23rd largest position. Bowen Hanes & Co. Inc.’s holdings in Deere & Company were worth $66,692,000 as of its most recent SEC filing.

Other institutional investors also recently modified their holdings of the company. Brighton Jones LLC lifted its holdings in Deere & Company by 39.1% in the fourth quarter. Brighton Jones LLC now owns 4,548 shares of the industrial products company’s stock worth $1,927,000 after buying an additional 1,278 shares during the period. Schnieders Capital Management LLC. lifted its holdings in Deere & Company by 7.8% in the second quarter. Schnieders Capital Management LLC. now owns 2,076 shares of the industrial products company’s stock worth $1,056,000 after buying an additional 150 shares during the period. Jump Financial LLC purchased a new stake in Deere & Company in the second quarter worth about $2,153,000. NewEdge Advisors LLC lifted its holdings in Deere & Company by 6.0% in the second quarter. NewEdge Advisors LLC now owns 18,758 shares of the industrial products company’s stock worth $9,538,000 after buying an additional 1,067 shares during the period. Finally, Main Street Financial Solutions LLC lifted its holdings in Deere & Company by 6.7% in the second quarter. Main Street Financial Solutions LLC now owns 1,551 shares of the industrial products company’s stock worth $789,000 after buying an additional 97 shares during the period. 68.58% of the stock is currently owned by hedge funds and other institutional investors.

Deere & Company Price Performance

Shares of DE opened at $589.05 on Thursday. The company has a market capitalization of $159.01 billion, a P/E ratio of 33.37, a price-to-earnings-growth ratio of 2.15 and a beta of 0.92. The company has a quick ratio of 1.95, a current ratio of 2.18 and a debt-to-equity ratio of 1.54. The firm has a 50 day moving average of $572.57 and a 200 day moving average of $544.51. Deere & Company has a twelve month low of $433.00 and a twelve month 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 earnings per share for the quarter, beating the consensus estimate of $5.70 by $0.85. The company had revenue of $13.37 billion during the quarter, compared to the consensus estimate of $11.55 billion. Deere & Company had a net margin of 10.09% and a return on equity of 18.25%. The firm’s quarterly revenue was up 5.4% compared to the same quarter last year. During the same quarter last year, the firm earned $6.64 earnings per share. As a group, equities research analysts anticipate that Deere & Company will post 18.08 earnings per share for the current fiscal year.

Deere & Company Dividend Announcement

The business also recently announced a quarterly dividend, which will be paid on Monday, August 10th. Shareholders of record on Tuesday, June 30th will be given a $1.62 dividend. This represents a $6.48 dividend on an annualized basis and a yield of 1.1%. The ex-dividend date of this dividend is Tuesday, June 30th. Deere & Company’s payout ratio is 36.71%.

Analyst Upgrades and Downgrades

Several analysts have commented on the stock. Wall Street Zen upgraded shares of Deere & Company from a “sell” rating to a “hold” rating in a report on Saturday, February 7th. Jefferies Financial Group upgraded shares of Deere & Company from an “underperform” rating to a “hold” rating and set a $550.00 target price for the company in a report on Wednesday, April 8th. Wells Fargo & Company lifted their target price on shares of Deere & Company from $543.00 to $750.00 and gave the company an “overweight” rating in a report on Friday, February 20th. Barclays lifted their target price on shares of Deere & Company from $530.00 to $640.00 and gave the company an “overweight” rating in a report on Tuesday, March 31st. Finally, Royal Bank Of Canada reiterated an “outperform” rating and set a $752.00 target price on shares of Deere & Company in a report on Monday. Fifteen equities research analysts have rated the stock with a Buy rating and nine have assigned a Hold rating to the company. According to MarketBeat.com, Deere & Company presently has a consensus rating of “Moderate Buy” and an average target price of $638.08.

Deere & Company News Roundup

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

• Positive Sentiment: The White House said it will reduce tariffs on imported farm and construction machinery, including combines, harvesters and forklifts, which should lower input costs and improve margins for Deere and other heavy-equipment makers. US Lowers Tariffs to Boost Investment in Industrial Economy
• Positive Sentiment: Investors also reacted to Deere’s strong fiscal Q2 results, with earnings and revenue beating expectations and management keeping its full-year FY2026 profit outlook unchanged, which supports confidence in the business despite agricultural-cycle uncertainty. Deere jumps as investors refocus on Q2 beat, steady FY26 outlook, and construction strength
• Positive Sentiment: Analysts and market commentary note Deere is breaking above a key technical level as the stock extends its recent rally, reinforcing momentum buying. Bellwether Stock Surges Above Key Level. Trump Is Why.
• Neutral Sentiment: One article questions whether Deere’s strong year-to-date rally has already priced in much of the good news, suggesting valuation could limit further upside if fundamentals do not keep pace. Is It Time To Reassess Deere (DE) After Its Strong Year To Date Rally?

Deere & Company 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.