Mendel Money Management Lowers Stock Holdings in Deere & Company $DE

Mendel Money Management cut its stake in shares of Deere & Company (NYSE:DE) by 18.3% in the 3rd quarter, according to the company in its most recent filing with the Securities & Exchange Commission. The fund owned 7,740 shares of the industrial products company’s stock after selling 1,729 shares during the period. Deere & Company makes up 1.5% of Mendel Money Management’s investment portfolio, making the stock its 19th biggest holding. Mendel Money Management’s holdings in Deere & Company were worth $3,539,000 as of its most recent filing with the Securities & Exchange Commission.

A number of other hedge funds also recently added to or reduced their stakes in the stock. Norges Bank acquired a new stake in shares of Deere & Company during the second quarter worth $1,578,243,000. Marshall Wace LLP boosted its holdings in shares of Deere & Company by 573.9% in the second quarter. Marshall Wace LLP now owns 842,882 shares of the industrial products company’s stock valued at $428,597,000 after acquiring an additional 717,808 shares in the last quarter. Laurel Wealth Advisors LLC raised its holdings in Deere & Company by 50,691.9% during the second quarter. Laurel Wealth Advisors LLC now owns 332,179 shares of the industrial products company’s stock worth $168,910,000 after purchasing an additional 331,525 shares in the last quarter. Vanguard Group Inc. lifted its position in Deere & Company by 1.4% in the second quarter. Vanguard Group Inc. now owns 22,372,671 shares of the industrial products company’s stock valued at $11,376,279,000 after purchasing an additional 309,081 shares during the period. Finally, Loomis Sayles & Co. L P increased its position in Deere & Company by 26.8% during the 2nd quarter. Loomis Sayles & Co. L P now owns 1,386,321 shares of the industrial products company’s stock worth $704,930,000 after purchasing an additional 292,932 shares during the period. 68.58% of the stock is owned by institutional investors and hedge funds.

Wall Street Analysts Forecast Growth

DE has been the topic of a number of analyst reports. DA Davidson restated a “buy” rating and issued a $580.00 price target on shares of Deere & Company in a research note on Monday, December 1st. Sanford C. Bernstein reiterated a “market perform” rating on shares of Deere & Company in a report on Tuesday, December 9th. JPMorgan Chase & Co. decreased their price objective on shares of Deere & Company from $480.00 to $460.00 and set a “neutral” rating on the stock in a report on Friday, December 19th. Jefferies Financial Group increased their target price on shares of Deere & Company from $440.00 to $475.00 and gave the company a “hold” rating in a report on Tuesday, December 9th. Finally, Evercore reiterated a “positive” rating on shares of Deere & Company in a research report on Friday, November 28th. Fifteen research analysts have rated the stock with a Buy rating and nine have issued a Hold rating to the company. According to MarketBeat, the stock currently has an average rating of “Moderate Buy” and a consensus target price of $530.00.

Deere & Company Stock Performance

NYSE DE opened at $650.94 on Friday. The company has a quick ratio of 2.01, a current ratio of 2.22 and a debt-to-equity ratio of 1.68. Deere & Company has a fifty-two week low of $404.42 and a fifty-two week high of $674.19. The business has a fifty day moving average of $519.01 and a 200-day moving average of $490.22. The stock has a market cap of $176.45 billion, a price-to-earnings ratio of 35.17, a price-to-earnings-growth ratio of 2.37 and a beta of 1.02.

Deere & Company (NYSE:DE) last released its earnings results on Thursday, February 19th. The industrial products company reported $2.42 earnings per share (EPS) for the quarter, beating analysts’ consensus estimates of $1.90 by $0.52. The company had revenue of $9.61 billion for the quarter, compared to analyst estimates of $7.50 billion. Deere & Company had a net margin of 11.00% and a return on equity of 20.54%. The firm’s quarterly revenue was up 17.5% on a year-over-year basis. During the same period in the prior year, the firm earned $3.19 EPS. As a group, analysts predict that Deere & Company will post 19.32 earnings per share for the current fiscal year.

Deere & Company Dividend Announcement

The firm also recently disclosed a quarterly dividend, which was paid on Monday, February 9th. Stockholders of record on Wednesday, December 31st were issued a dividend of $1.62 per share. The ex-dividend date was Wednesday, December 31st. This represents a $6.48 annualized dividend and a dividend yield of 1.0%. Deere & Company’s dividend payout ratio (DPR) is 35.01%.

Deere & Company News Roundup

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

• Positive Sentiment: Q1 beat — Deere reported EPS of $2.42 and revenue of $9.61B, topping expectations and showing 17.5% y/y equipment sales growth, which sparked the initial rally. Deere soars to all-time high after beat-and-raise Q1 report
• Positive Sentiment: Raised FY guidance — Management lifted FY2026 net income guidance to $4.5B–$5.0B (from prior range), signaling confidence in recovering construction and small‑ag end markets. Deere lifts full-year profit forecast
• Positive Sentiment: Construction rebound — Management said construction earnings more than doubled and order trends are improving, helping offset weakness in large‑agricultural markets. This diversification reduced near‑term cyclical risk. Deere’s stock jumps toward another record
• Positive Sentiment: Strategic moves — Deere is investing in AI-enabled farming and shifting more manufacturing to the U.S., and completed the acquisition of Tenna to expand mixed‑fleet tech — actions investors view as long‑term growth drivers. Deere Doubles Down On AI Farming John Deere Acquires Tenna
• Neutral Sentiment: Market reaction/flows — ETF and institutional flows amplified the move after the beat‑and‑raise; some coverage notes record highs and heavy analyst attention but price targets remain varied. ETF investors cheer as Deere surges
• Negative Sentiment: Profitability headwinds — Q1 net income fell y/y to $656M as tariffs, an unfavorable sales mix and cost pressures weighed on margins; some commentators flagged that profits remain below prior-year levels. Deere Profit Sinks as Tariffs Weigh on Margins
• Negative Sentiment: Mixed near‑term outlook for large‑ag — Management called 2026 the bottom of the farm cycle but large‑ag demand and tariff exposure remain risks that could limit margin recovery if conditions don’t improve. John Deere CEO Calls 2026 The Bottom Of The Farm Slump

Insiders Place Their Bets

In other Deere & Company news, insider Cory J. Reed sold 12,000 shares of Deere & Company stock in a transaction dated Wednesday, January 14th. The stock was sold at an average price of $510.00, for a total value of $6,120,000.00. Following the completion of the sale, the insider owned 20,792 shares in the company, valued at $10,603,920. The trade was a 36.59% decrease in their position. The transaction was disclosed in a filing with the Securities & Exchange Commission, which is available through this link. Also, CEO John C. May II sold 41,472 shares of the stock in a transaction dated Thursday, January 8th. The stock was sold at an average price of $501.49, for a total transaction of $20,797,793.28. Following the transaction, the chief executive officer owned 117,970 shares in the company, valued at approximately $59,160,775.30. The trade was a 26.01% decrease in their ownership of the stock. The disclosure for this sale is available in the SEC filing. In the last ninety days, insiders sold 64,578 shares of company stock valued at $32,471,682. Company insiders own 0.29% of the company’s stock.

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.