OneAscent Financial Services LLC Makes New Investment in Deere & Company $DE

OneAscent Financial Services LLC purchased a new position in shares of Deere & Company (NYSE:DE) during the 2nd quarter, Holdings Channel reports. The institutional investor purchased 3,120 shares of the industrial products company’s stock, valued at approximately $1,979,000.

A number of other hedge funds have also recently modified their holdings of the business. Mowery & Schoenfeld Wealth Management LLC purchased a new stake in shares of Deere & Company in the 2nd quarter worth $27,000. Kilter Group LLC purchased a new position in Deere & Company during the second quarter valued at $29,000. Timmons Wealth Management LLC bought a new stake in Deere & Company during the fourth quarter valued at about $29,000. McIlrath & Eck LLC bought a new stake in Deere & Company during the fourth quarter valued at about $30,000. Finally, Portus Wealth Advisors LLC purchased a new stake in Deere & Company in the first quarter worth about $32,000. Institutional investors own 68.58% of the company’s stock.

Deere & Company Price Performance

Shares of Deere & Company stock opened at $624.38 on Friday. The company has a market capitalization of $168.55 billion, a price-to-earnings ratio of 35.38, a PEG ratio of 2.46 and a beta of 0.90. The company has a quick ratio of 1.95, a current ratio of 2.18 and a debt-to-equity ratio of 1.54. The stock’s 50-day simple moving average is $605.47 and its 200-day simple moving average is $590.34. Deere & Company has a 52 week low of $433.00 and a 52 week high of $674.19.

Deere & Company (NYSE:DE) last released its earnings results on Thursday, August 20th. The industrial products company reported $5.10 earnings per share (EPS) for the quarter, topping the consensus estimate of $4.69 by $0.41. Deere & Company had a return on equity of 18.25% and a net margin of 10.09%.The firm had revenue of $12.61 billion during the quarter, compared to analysts’ expectations of $10.81 billion. During the same quarter last year, the business posted $4.75 earnings per share. The firm’s revenue was up 6.2% on a year-over-year basis. As a group, analysts expect that Deere & Company will post 18.21 earnings per share for the current fiscal year.

Deere & Company Dividend Announcement

The business also recently announced a quarterly dividend, which was paid on Monday, August 10th. Investors of record on Tuesday, June 30th were given a dividend of $1.62 per share. The ex-dividend date was Tuesday, June 30th. This represents a $6.48 dividend on an annualized basis and a dividend yield of 1.0%. Deere & Company’s dividend payout ratio is currently 36.71%.

Analyst Upgrades and Downgrades

Several research analysts have recently commented on the company. Wall Street Zen raised Deere & Company from a “sell” rating to a “hold” rating in a research note on Sunday, July 5th. Raymond James Financial cut their price objective on Deere & Company from $765.00 to $700.00 and set an “outperform” rating for the company in a research note on Friday, May 22nd. Robert W. Baird reduced their target price on shares of Deere & Company from $580.00 to $525.00 and set a “neutral” rating for the company in a report on Friday, May 22nd. Royal Bank Of Canada restated an “outperform” rating and set a $752.00 target price on shares of Deere & Company in a research note on Monday, June 1st. Finally, Oppenheimer reaffirmed an “outperform” rating on shares of Deere & Company in a report on Thursday. Fourteen analysts have rated the stock with a Buy rating and nine have issued a Hold rating to the stock. Based on data from MarketBeat, the stock presently has a consensus rating of “Moderate Buy” and an average price target of $641.98.

Deere & Company News Summary

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

• Positive Sentiment: Deere reported fiscal Q3 net income of $1.379 billion, or $5.10 per share, up from $4.75 per share a year earlier. Revenue rose approximately 6% to $12.61 billion, exceeding analyst expectations for both earnings and sales. Deere Reports Third Quarter Net Income of $1.379 Billion
• Positive Sentiment: Management raised fiscal 2026 net-income guidance to $4.75 billion-$5.00 billion, from a prior range of $4.50 billion-$5.00 billion, and expects $5 billion-$5.5 billion in equipment-operations cash flow. Deere Raises FY2026 Net Income Outlook
• Positive Sentiment: The Construction & Forestry and Small Agriculture & Turf divisions provided the main upside, with demand tied to energy infrastructure and data-center construction supporting Deere’s nonfarm businesses. The company also indicated that fiscal 2026 could mark the bottom of the current agricultural equipment cycle. Deere Stock Soars After Construction Unit Drives Earnings Beat
• Neutral Sentiment: Management cited improving early order trends, used-equipment inventories and resilient parts demand, which may support a gradual recovery; however, the broader farm-equipment rebound is expected to be more pronounced in 2027. Deere Narrows Profit Outlook as Farm Recovery Seen in 2027
• Negative Sentiment: Production agriculture remains pressured by weak farm conditions, while tariffs and regional sales weakness could weigh on margins and demand. The stock’s strong earnings reaction also leaves valuation and expectations elevated, increasing sensitivity to any signs that the agricultural recovery is delayed.

Deere & Company 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.