Meridian Management Co. Purchases 1,070 Shares of Deere & Company $DE

Meridian Management Co. raised its position in Deere & Company (NYSE:DE) by 9.1% during the 4th quarter, according to the company in its most recent Form 13F filing with the Securities and Exchange Commission (SEC). The firm owned 12,816 shares of the industrial products company’s stock after buying an additional 1,070 shares during the quarter. Deere & Company comprises about 1.5% of Meridian Management Co.’s holdings, making the stock its 23rd largest position. Meridian Management Co.’s holdings in Deere & Company were worth $5,967,000 at the end of the most recent reporting period.

Several other hedge funds have also recently made changes to their positions in DE. Norges Bank bought a new stake in shares of Deere & Company in the fourth quarter valued at $1,715,633,000. Northwestern Mutual Wealth Management Co. raised its stake in shares of Deere & Company by 1,725.8% in 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 buying an additional 1,893,972 shares during the period. M&T Bank Corp raised its stake in shares of Deere & Company by 1,199.8% in 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 buying an additional 1,721,239 shares during the period. Van ECK Associates Corp raised its stake in shares of Deere & Company by 278.0% in 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 buying an additional 358,687 shares during the period. Finally, Invesco Ltd. raised its stake in shares of Deere & Company by 21.7% in the third quarter. Invesco Ltd. now owns 1,815,007 shares of the industrial products company’s stock valued at $829,930,000 after buying an additional 323,512 shares during the period. 68.58% of the stock is currently owned by institutional investors.

Analyst Ratings Changes

Several brokerages have issued reports on DE. Wells Fargo & Company boosted their target price on Deere & Company from $543.00 to $750.00 and gave the company an “overweight” rating in a research note on Friday, February 20th. Truist Financial reduced their price target on Deere & Company from $793.00 to $759.00 and set a “buy” rating for the company in a research report on Tuesday, May 26th. Royal Bank Of Canada reiterated an “outperform” rating and issued a $752.00 price target on shares of Deere & Company in a research report on Monday. Weiss Ratings upgraded Deere & Company from a “hold (c)” rating to a “hold (c+)” rating in a research report on Thursday, May 21st. Finally, Jefferies Financial Group upgraded Deere & Company from an “underperform” rating to a “hold” rating and set a $550.00 price target for the company in a research report on Wednesday, April 8th. Fifteen equities research analysts have rated the stock with a Buy rating and nine have assigned a Hold rating to the stock. Based on data from MarketBeat.com, the company presently has an average rating of “Moderate Buy” and a consensus target price of $638.08.

Key Deere & Company News

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

• Positive Sentiment: The biggest driver was the U.S. government’s decision to reduce tariffs on imported farm and construction equipment, which should lower costs and support demand for Deere’s machinery. US Lowers Tariffs to Boost Investment in Industrial Economy
• Positive Sentiment: Investors also appear to be refocusing on Deere’s strong fiscal Q2 results, including earnings of $6.55 per share versus expectations of $5.70, along with management’s unchanged full-year FY2026 profit outlook of $4.5 billion to $5.0 billion. Deere jumps as investors refocus on Q2 beat, steady FY26 outlook, and construction strength
• Positive Sentiment: Recent analyst sentiment remains constructive, with RBC Capital reiterating an outperform rating and lifting its price target to $752, implying additional upside from current levels. Deere & Company had its “outperform” rating reaffirmed by Royal Bank Of Canada
• Neutral Sentiment: Commentary also suggests Deere is benefiting from strength in construction equipment and a tariff refund related to IEEPA, but these appear secondary to the earnings and tariff headlines. Deere reaps benefits of IEEPA tariff refund and construction demand
• Neutral Sentiment: One article questioned whether DE is underperforming the industrials sector, but it did not introduce a clear new negative catalyst. Deere & Company Stock: Is DE Underperforming the Industrials Sector?

Deere & Company Price Performance

Shares of NYSE DE opened at $578.97 on Wednesday. The stock has a market cap of $156.29 billion, a PE ratio of 32.80, a price-to-earnings-growth ratio of 2.01 and a beta of 0.92. Deere & Company has a fifty-two week low of $433.00 and a fifty-two week high of $674.19. The company has a debt-to-equity ratio of 1.54, a quick ratio of 1.95 and a current ratio of 2.18. The stock has a fifty day moving average of $571.78 and a 200-day moving average of $542.99.

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 analysts’ expectations of $11.55 billion. Deere & Company had a return on equity of 18.25% and a net margin of 10.09%.The firm’s quarterly revenue was up 5.4% compared to the same quarter last year. During the same period in the previous year, the business earned $6.64 earnings per share. Equities research analysts anticipate that Deere & Company will post 18.08 earnings per share for the current year.

Deere & Company Dividend Announcement

The firm also recently disclosed a quarterly dividend, which will be paid on Monday, August 10th. Investors of record on Tuesday, June 30th will be paid a dividend of $1.62 per share. The ex-dividend date of this dividend is Tuesday, June 30th. This represents a $6.48 annualized dividend and a yield of 1.1%. Deere & Company’s dividend payout ratio (DPR) is currently 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.