Sacks & Associates LLC purchased a new position in Deere & Company (NYSE:DE – Free Report) in the 3rd quarter, according to its most recent 13F filing with the Securities & Exchange Commission. The institutional investor purchased 1,050 shares of the industrial products company’s stock, valued at approximately $705,000.
Several other institutional investors and hedge funds have also modified their holdings of DE. Mowery & Schoenfeld Wealth Management LLC bought a new position in Deere & Company in the second quarter valued at approximately $27,000. Kilter Group LLC acquired a new position in Deere & Company in the 2nd quarter worth $29,000. Solstein Capital LLC acquired a new position in Deere & Company in the 2nd quarter worth $30,000. Portus Wealth Advisors LLC bought a new position in Deere & Company during the 1st quarter worth about $32,000. Finally, Orion Capital Management LLC bought a new position in Deere & Company during the 2nd quarter worth about $32,000. 68.58% of the stock is currently owned by institutional investors and hedge funds.
Wall Street Analysts Forecast Growth
DE has been the topic of a number of research reports. UBS Group cut their price target on Deere & Company from $732.00 to $728.00 and set a “buy” rating on the stock in a report on Friday, August 21st. Barclays increased their price objective on Deere & Company from $640.00 to $675.00 and gave the stock an “overweight” rating in a report on Monday, August 24th. Truist Financial dropped their target price on Deere & Company from $812.00 to $804.00 and set a “buy” rating on the stock in a research report on Monday, August 24th. Evercore upgraded Deere & Company from an “in-line” rating to an “outperform” rating and set a $813.00 target price on the stock in a research note on Wednesday, September 2nd. Finally, Citigroup upped their price target on Deere & Company from $610.00 to $650.00 and gave the stock a “neutral” rating in a research report on Friday, August 21st. Seventeen investment analysts have rated the stock with a Buy rating and eight have issued a Hold rating to the stock. Based on data from MarketBeat.com, Deere & Company currently has a consensus rating of “Moderate Buy” and a consensus target price of $688.10.
Key Stories Impacting Deere & Company
Here are the key news stories impacting Deere & Company this week:
- Positive Sentiment: Deere announced a collaboration with Yamaha Motor to develop next-generation utility and recreational Side-by-Side vehicles. The partnership could broaden Deere’s off-road product lineup and create longer-term growth opportunities beyond traditional farm equipment. Deere Expands Into Side By Sides As Federal Scrutiny Builds
- Positive Sentiment: Evercore ISI upgraded Deere to Outperform and assigned an $813 price target, signaling confidence in the company’s long-term earnings potential. Evercore ISI Upgrades Deere Company
- Neutral Sentiment: JPMorgan raised its price target to $625 but maintained a Neutral rating, implying limited near-term upside and reflecting a cautious view of Deere’s valuation and operating outlook. JPMorgan Raises Deere Price Target
- Negative Sentiment: The Federal Trade Commission and U.S. Department of Agriculture opened a public inquiry into agricultural-equipment manufacturing and distribution practices, including potential anticompetitive conduct and repair-access issues. The investigation places additional regulatory risk on Deere following its right-to-repair settlement. Deere Shares Fall as Federal Inquiry Adds to Demand Concerns
- Negative Sentiment: Farm-equipment stocks weakened broadly as crop prices deteriorated and investors anticipated softer demand for large agricultural machinery. Deere has already indicated that U.S. and Canadian large-equipment demand may be weaker than in 2025, increasing sensitivity to additional headwinds. Farm Equipment Stocks Fall on Regulatory Probe and Falling Crop Prices
- Negative Sentiment: Reported insider activity showed sales without purchases over the past six months. While not necessarily a fundamental signal, the activity may add to investor caution during a period of regulatory and demand uncertainty. Deere Insider Trading Activity
Deere & Company Trading Down 4.7%
Deere & Company stock opened at $621.66 on Friday. The company has a market cap of $167.62 billion, a price-to-earnings ratio of 34.54, a P/E/G ratio of 2.39 and a beta of 0.86. The firm has a 50-day moving average of $654.99 and a 200-day moving average of $609.41. The company has a debt-to-equity ratio of 1.45, a current ratio of 2.10 and a quick ratio of 1.89. Deere & Company has a one year low of $433.00 and a one year high of $721.22.
Deere & Company (NYSE:DE – Get Free Report) last released its earnings results on Thursday, August 20th. The industrial products company reported $5.10 earnings per share (EPS) for the quarter, beating analysts’ consensus estimates of $4.69 by $0.41. Deere & Company had a return on equity of 18.10% and a net margin of 10.16%. The business had revenue of $12.61 billion for the quarter, compared to the consensus estimate of $10.81 billion. During the same quarter in the previous year, the business earned $4.75 earnings per share. Deere & Company’s quarterly revenue was up 6.2% on a year-over-year basis. On average, equities analysts expect that Deere & Company will post 18.12 earnings per share for the current fiscal year.
Deere & Company Dividend Announcement
The business also recently declared a quarterly dividend, which will be paid on Monday, November 9th. Shareholders of record on Wednesday, September 30th will be given a dividend of $1.62 per share. The ex-dividend date of this dividend is Wednesday, September 30th. This represents a $6.48 annualized dividend and a dividend yield of 1.0%. Deere & Company’s payout ratio is 36.00%.
Deere & Company Profile
Deere & Company, commonly known as John Deere, is a global manufacturer of agricultural, construction, forestry and turf-care equipment. The company’s products include tractors, combines, planters, sprayers, harvesting equipment, earthmoving machinery, forestry equipment, commercial and residential lawn-care products, and related technology solutions.
Deere operates through businesses serving production and precision agriculture, small agriculture and turf, and construction and forestry markets.
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