Shepherd Street Advisors LLC acquired a new position in Deere & Company (NYSE:DE – Free Report) in the fourth quarter, Holdings Channel.com reports. The institutional investor acquired 1,221 shares of the industrial products company’s stock, valued at approximately $568,000.
Other institutional investors and hedge funds have also added to or reduced their stakes in the company. Strategic Advocates LLC bought a new position in Deere & Company in the 3rd quarter worth approximately $25,000. Key Capital Management INC bought a new position in Deere & Company during the 4th quarter valued at $27,000. McIlrath & Eck LLC bought a new position in Deere & Company during the 4th quarter valued at $30,000. Wealth Watch Advisors INC bought a new position in Deere & Company during the 3rd quarter valued at $32,000. Finally, Tucker Asset Management LLC bought a new position in Deere & Company during the 4th quarter valued at $34,000. 68.58% of the stock is owned by institutional investors.
More 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?
Wall Street Analyst Weigh In
Deere & Company Price Performance
Shares of NYSE:DE opened at $578.97 on Wednesday. Deere & Company has a one year low of $433.00 and a one year high of $674.19. The stock has a fifty day moving average of $571.78 and a 200-day moving average of $542.99. The company has a market capitalization 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. The company has a debt-to-equity ratio of 1.54, a quick ratio of 1.95 and a current ratio of 2.18.
Deere & Company (NYSE:DE – Get Free Report) last announced its quarterly earnings data on Thursday, May 21st. The industrial products company reported $6.55 EPS for the quarter, beating analysts’ consensus estimates of $5.70 by $0.85. Deere & Company had a return on equity of 18.25% and a net margin of 10.09%.The company had revenue of $13.37 billion during the quarter, compared to the consensus estimate of $11.55 billion. During the same quarter in the prior year, the firm earned $6.64 EPS. The company’s quarterly revenue was up 5.4% compared to the same quarter last year. As a group, equities analysts anticipate that Deere & Company will post 18.08 EPS for the current fiscal year.
Deere & Company Dividend Announcement
The firm also recently announced a quarterly dividend, which will be paid on Monday, August 10th. Stockholders of record on Tuesday, June 30th will be issued a $1.62 dividend. The ex-dividend date is Tuesday, June 30th. This represents a $6.48 dividend on an annualized basis and a dividend yield of 1.1%. Deere & Company’s dividend payout ratio is presently 36.71%.
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.
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