Diversify Advisory Services LLC Makes New Investment in Deere & Company $DE

Diversify Advisory Services LLC purchased a new stake in shares of Deere & Company (NYSE:DE) in the 2nd quarter, Holdings Channel.com reports. The fund purchased 2,940 shares of the industrial products company’s stock, valued at approximately $1,838,000.

A number of other hedge funds also recently modified their holdings of the business. Mowery & Schoenfeld Wealth Management LLC bought a new position in Deere & Company during the 2nd quarter worth $27,000. Timmons Wealth Management LLC acquired a new stake in Deere & Company during the 4th quarter valued at approximately $29,000. McIlrath & Eck LLC bought a new position in Deere & Company during the 4th quarter worth approximately $30,000. Portus Wealth Advisors LLC bought a new position in Deere & Company during the 1st quarter worth approximately $32,000. Finally, Wealth Watch Advisors INC acquired a new position in shares of Deere & Company in the 3rd quarter worth approximately $32,000. Institutional investors and hedge funds own 68.58% of the company’s stock.

Analyst Upgrades and Downgrades

A number of brokerages have commented on DE. Wall Street Zen raised shares of Deere & Company from a “sell” rating to a “hold” rating in a research report on Sunday, July 5th. Truist Financial boosted their price target on Deere & Company from $759.00 to $812.00 and gave the company a “buy” rating in a research note on Thursday, July 2nd. Royal Bank Of Canada reaffirmed an “outperform” rating and set a $752.00 price objective on shares of Deere & Company in a research report on Monday, June 1st. JPMorgan Chase & Co. lowered their price objective on shares of Deere & Company from $590.00 to $570.00 and set a “neutral” rating for the company in a research note on Friday, August 14th. Finally, Bank of America reduced their price target on shares of Deere & Company from $672.00 to $607.50 and set a “neutral” rating for the company in a report on Friday, May 22nd. Fourteen investment analysts have rated the stock with a Buy rating and nine have given a Hold rating to the company. According to data from MarketBeat.com, the stock presently has an average rating of “Moderate Buy” and an average target price of $641.98.

More Deere & Company News

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

• Positive Sentiment: Analysts expect Deere to report approximately $4.70–$4.79 in earnings per share and about $10.73–$10.78 billion in revenue. Although revenue would be below the prior-year quarter, the estimates have reportedly moved higher ahead of the release, creating potential for a positive reaction if Deere beats expectations. Deere Set to Report Q3 Earnings
• Positive Sentiment: Investors are watching whether Deere’s precision-agriculture technology and exposure to data-center-related infrastructure can support growth beyond traditional farm machinery. Evidence of resilient technology demand or stronger margins could reinforce the company’s longer-term investment narrative. Deere Q3 Preview
• Neutral Sentiment: The earnings announcement is the immediate catalyst, with investors focused on management’s outlook for agriculture, construction equipment, inventories and full-year profitability. Analysts remain mixed, including JPMorgan’s Neutral rating, suggesting expectations are not uniformly bullish. Deere Dividends Ahead of Q3 Earnings
• Negative Sentiment: Consensus revenue of roughly $10.73 billion would decline from $12.02 billion a year earlier, reflecting pressure in the farming sector. Weak farm spending and elevated production costs could weigh on margins and make it harder for Deere to deliver a strong outlook. Deere Earnings and Precision Agriculture

Deere & Company Stock Performance

DE opened at $580.06 on Thursday. Deere & Company has a 1-year low of $433.00 and a 1-year high of $674.19. The company has a market cap of $156.58 billion, a price-to-earnings ratio of 32.86, a PEG ratio of 2.49 and a beta of 0.90. The company’s fifty day moving average price is $604.36 and its two-hundred day moving average price is $589.65. The company has a current ratio of 2.18, a quick ratio of 1.95 and a debt-to-equity ratio of 1.54.

Deere & Company (NYSE:DE) last posted its earnings results on Thursday, May 21st. The industrial products company reported $6.55 EPS for the quarter, topping the consensus estimate of $5.70 by $0.85. Deere & Company had a net margin of 10.09% and a return on equity of 18.25%. The company had revenue of $13.37 billion during the quarter, compared to the consensus estimate of $11.55 billion. During the same period in the previous year, the firm posted $6.64 earnings per share. The firm’s revenue for the quarter was up 5.4% on a year-over-year basis. On average, analysts expect that Deere & Company will post 18.21 EPS for the current fiscal year.

Deere & Company Dividend Announcement

The business also recently announced a quarterly dividend, which was paid on Monday, August 10th. Stockholders of record on Tuesday, June 30th were issued a $1.62 dividend. This represents a $6.48 dividend on an annualized basis and a dividend yield of 1.1%. The ex-dividend date was Tuesday, June 30th. 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.