Churchill Financial Advisors LLC Takes Position in Deere & Company $DE

Churchill Financial Advisors LLC purchased a new stake in shares of Deere & Company (NYSE:DE) during the 4th quarter, according to the company in its most recent Form 13F filing with the SEC. The fund purchased 8,021 shares of the industrial products company’s stock, valued at approximately $3,734,000. Deere & Company comprises approximately 1.1% of Churchill Financial Advisors LLC’s portfolio, making the stock its 24th biggest holding.

Several other institutional investors and hedge funds have also recently modified their holdings of DE. Northwestern Mutual Wealth Management Co. boosted its position in shares of Deere & Company by 1,725.8% during the 4th 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 boosted its stake 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 worth $868,149,000 after buying an additional 1,721,239 shares during the period. Van ECK Associates Corp boosted its stake 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 worth $223,005,000 after buying an additional 358,687 shares during the period. Invesco Ltd. boosted its stake 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 worth $829,930,000 after buying an additional 323,512 shares during the period. Finally, Capital World Investors boosted its stake 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 worth $2,850,687,000 after buying an additional 322,582 shares during the period. Institutional investors and hedge funds own 68.58% of the company’s stock.

Wall Street Analyst Weigh In

Several research analysts have weighed in on DE shares. BMO Capital Markets increased their target price on shares of Deere & Company from $460.00 to $500.00 and gave the stock a “market perform” rating in a research note on Friday, February 20th. Weiss Ratings raised shares of Deere & Company from a “hold (c)” rating to a “hold (c+)” rating in a research note on Thursday. DA Davidson lowered their target price on shares of Deere & Company from $775.00 to $685.00 and set a “buy” rating for the company in a research note on Friday. Truist Financial increased their target price on shares of Deere & Company from $612.00 to $793.00 and gave the stock a “buy” rating in a research note on Friday, February 20th. Finally, Raymond James Financial lowered their target price on shares of Deere & Company from $765.00 to $700.00 and set an “outperform” rating for the company in a research note on Friday. Fifteen research analysts have rated the stock with a Buy rating and nine have assigned a Hold rating to the stock. According to data from MarketBeat.com, Deere & Company has a consensus rating of “Moderate Buy” and a consensus target price of $640.73.

Deere & Company Stock Up 0.1%

Shares of DE opened at $529.88 on Monday. The stock has a market capitalization of $143.13 billion, a PE ratio of 30.02, a P/E/G ratio of 1.85 and a beta of 0.96. 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 1.54, a quick ratio of 1.96 and a current ratio of 2.18. The company’s 50-day simple moving average is $576.52 and its 200-day simple moving average is $540.35.

Deere & Company (NYSE:DE) last issued its quarterly earnings results on Thursday, May 21st. The industrial products company reported $6.55 earnings per share (EPS) for the quarter, topping the consensus estimate 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 net margin of 10.09% and a return on equity of 18.25%. The business’s quarterly revenue was up 5.4% on a year-over-year basis. During the same quarter in the prior year, the company earned $6.64 earnings per share. Analysts forecast that Deere & Company will post 18.05 earnings per share for the current fiscal year.

Deere & Company Announces Dividend

The firm also recently declared a quarterly dividend, which was paid on Friday, May 8th. Stockholders of record on Tuesday, March 31st were given a dividend of $1.62 per share. This represents a $6.48 annualized dividend and a dividend yield of 1.2%. The ex-dividend date of this dividend was Tuesday, March 31st. Deere & Company’s dividend payout ratio is currently 36.53%.

More Deere & Company News

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

• Positive Sentiment: Deere beat Q2 estimates on both earnings and revenue, with EPS of $6.55 and sales of $13.37 billion, helped by strength in Construction & Forestry and Small Ag & Turf. Deere Beats Q2 Estimates, But Ag Weakness Weighs on Outlook
• Positive Sentiment: Management raised its Construction & Forestry outlook, citing strong demand tied to data center and AI infrastructure spending, which supports a non-farm growth engine for Deere. Deere forecasts FY2026 net income of $4.5B-$5B while lifting construction & forestry sales outlook to up ~20%
• Neutral Sentiment: Several analysts adjusted price targets after earnings, but most kept neutral or buy ratings, suggesting Wall Street sees limited near-term upside until the ag cycle improves. JPMorgan adjusts price target on Deere Co. to $560 from $550, maintains neutral rating
• Neutral Sentiment: Deere maintained its full-year net income forecast of $4.5 billion to $5.0 billion, which reassured investors on guidance but did not signal a stronger rebound in the core farm market. Deere beats second-quarter profit estimate but maintains full-year forecast
• Negative Sentiment: Weak Production & Precision Agriculture sales, down sharply year over year, remain the main concern and are weighing on investor sentiment about Deere’s earnings quality and valuation. Deere Beats Q2 Estimates, But Ag Weakness Weighs on Outlook
• Negative Sentiment: A new class-action lawsuit over right-to-repair practices adds another legal overhang, potentially raising questions about Deere’s aftermarket model and customer relations. Deere Lawsuit Puts Right To Repair Model And Aftermarket Profits Under Review

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.