Nykredit A S Takes Position in Deere & Company $DE

Nykredit A S acquired a new position in shares of Deere & Company (NYSE:DE) in the second quarter, according to its most recent disclosure with the Securities and Exchange Commission. The fund acquired 76,537 shares of the industrial products company’s stock, valued at approximately $48,550,000.

Several other hedge funds and other institutional investors also recently added to or reduced their stakes in DE. Mowery & Schoenfeld Wealth Management LLC purchased a new stake in Deere & Company during the second quarter valued at about $27,000. Kilter Group LLC purchased a new position in shares of Deere & Company in the 2nd quarter worth about $29,000. Timmons Wealth Management LLC bought a new position in shares of Deere & Company during the 4th quarter valued at about $29,000. McIlrath & Eck LLC bought a new position in shares of Deere & Company during the 4th quarter valued at about $30,000. Finally, Solstein Capital LLC purchased a new position in shares of Deere & Company during the 2nd quarter valued at about $30,000. 68.58% of the stock is currently owned by hedge funds and other institutional investors.

Analyst Ratings Changes

DE has been the subject of several research reports. Weiss Ratings reaffirmed a “hold (c+)” rating on shares of Deere & Company in a research note on Tuesday, August 18th. Bank of America reduced their target price on shares of Deere & Company from $672.00 to $607.50 and set a “neutral” rating on the stock in a report on Friday, May 22nd. Wall Street Zen cut Deere & Company from a “hold” rating to a “sell” rating in a research note on Saturday, August 22nd. JPMorgan Chase & Co. boosted their target price on Deere & Company from $570.00 to $585.00 and gave the company a “neutral” rating in a research note on Friday, August 21st. Finally, UBS Group reduced their price target on Deere & Company from $732.00 to $728.00 and set a “buy” rating on the stock in a research report on Friday, August 21st. Sixteen research analysts have rated the stock with a Buy rating and eight have issued a Hold rating to the company’s stock. According to data from MarketBeat.com, the stock has an average rating of “Moderate Buy” and a consensus price target of $680.73.

Key Deere & Company News

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

• Positive Sentiment: Baird upgraded Deere to Outperform from Neutral and raised its price target to $800 from $640. The firm expects North American agricultural fundamentals to improve in 2027, potentially supported by higher corn prices, improving farm economics and stronger equipment demand. Deere Baird Sees Upside as Agricultural Recovery Approaches
• Positive Sentiment: Evercore also upgraded Deere from In-Line to Outperform and assigned an $813 price target, signaling additional upside based on expectations for an agricultural recovery. Evercore Deere Upgrade
• Positive Sentiment: Deere’s rally to a record level reflects growing investor confidence that profits could improve as the farm-equipment cycle turns. The stock has gained more than 35% since the start of the year, while analysts remain moderately optimistic about its outlook. Market Extremes Flash Warning Signs
• Positive Sentiment: Deere launched “JD,” an artificial-intelligence assistant integrated into its Operations Center to help farmers manage equipment and farm operations. The initiative could strengthen Deere’s technology offering and customer relationships over time. Deere Launches AI Assistant
• Neutral Sentiment: Unusually heavy call-option activity accompanied the rally, with investors purchasing 8,338 calls—about 61% above average daily volume. This indicates bullish trading interest but does not by itself establish a fundamental change in value.
• Negative Sentiment: Farmers can now file claims under a Deere settlement involving agricultural equipment customers. Potential payouts and legal costs may weigh on sentiment, although the near-term financial impact is not clear. John Deere Settlement Offers Customers Payouts
• Negative Sentiment: After its strong advance, Deere’s valuation is back in focus. Investors may be vulnerable to a pullback if the expected agricultural recovery is delayed or equipment demand fails to meet optimistic forecasts.

Deere & Company Price Performance

DE stock opened at $696.80 on Thursday. The firm’s 50-day moving average price is $616.29 and its two-hundred day moving average price is $594.97. Deere & Company has a 12-month low of $433.00 and a 12-month high of $700.64. The stock has a market capitalization of $187.88 billion, a price-to-earnings ratio of 38.71, a PEG ratio of 2.79 and a beta of 0.90. The company has a current ratio of 2.10, a quick ratio of 1.89 and a debt-to-equity ratio of 1.45.

Deere & Company (NYSE:DE) last issued its quarterly earnings data on Thursday, August 20th. The industrial products company reported $5.10 EPS for the quarter, beating the consensus estimate of $4.69 by $0.41. Deere & Company had a net margin of 10.16% and a return on equity of 18.10%. The firm had revenue of $12.61 billion during the quarter, compared to the consensus estimate of $10.81 billion. During the same period in the prior year, the firm posted $4.75 earnings per share. The company’s quarterly revenue was up 6.2% compared to the same quarter last year. As a group, equities analysts predict that Deere & Company will post 18.12 earnings per share for the current year.

Deere & Company Announces Dividend

The firm also recently announced a quarterly dividend, which will be paid on Monday, November 9th. Investors of record on Wednesday, September 30th will be issued a dividend of $1.62 per share. This represents a $6.48 dividend on an annualized basis and a dividend yield of 0.9%. The ex-dividend date is Wednesday, September 30th. Deere & Company’s dividend payout ratio is currently 36.00%.

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.