8,855 Shares in Deere & Company $DE Acquired by EP Wealth Advisors LLC

EP Wealth Advisors LLC acquired a new stake in shares of Deere & Company (NYSE:DE) in the second quarter, according to the company in its most recent filing with the Securities and Exchange Commission (SEC). The fund acquired 8,855 shares of the industrial products company’s stock, valued at approximately $5,617,000.

Several other hedge funds have also added to or reduced their stakes in the stock. Mowery & Schoenfeld Wealth Management LLC purchased a new position in Deere & Company in the second quarter worth about $27,000. Kilter Group LLC purchased a new stake in shares of Deere & Company during the second quarter valued at approximately $29,000. Portus Wealth Advisors LLC purchased a new stake in shares of Deere & Company during the first quarter valued at approximately $32,000. Timmons Wealth Management LLC bought a new stake in shares of Deere & Company during the fourth quarter valued at approximately $29,000. Finally, Harborfront Financial Group LLC bought a new stake in shares of Deere & Company during the second quarter valued at approximately $39,000. 68.58% of the stock is owned by institutional investors.

Wall Street Analysts Forecast Growth

DE has been the topic of several analyst reports. Robert W. Baird upped their price objective on Deere & Company from $525.00 to $640.00 and gave the company a “neutral” rating in a research report on Friday. Weiss Ratings reissued a “hold (c+)” rating on shares of Deere & Company in a report on Tuesday. Raymond James Financial decreased their price target 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. Truist Financial upped their price target on Deere & Company from $759.00 to $812.00 and gave the company a “buy” rating in a report on Thursday, July 2nd. Finally, DA Davidson set a $585.00 price objective on Deere & Company in a research report on Friday. Fourteen investment analysts have rated the stock with a Buy rating and nine have assigned a Hold rating to the company’s stock. Based on data from MarketBeat, the stock has a consensus rating of “Moderate Buy” and an average price target of $643.38.

Deere & Company Stock Up 4.5%

Shares of Deere & Company stock opened at $648.61 on Friday. The company has a market cap of $175.08 billion, a price-to-earnings ratio of 36.03, a price-to-earnings-growth ratio of 2.63 and a beta of 0.90. The company’s 50 day moving average is $606.90 and its 200 day moving average is $590.75. Deere & Company has a twelve month low of $433.00 and a twelve month high of $674.19. The company has a quick ratio of 1.95, a current ratio of 2.10 and a debt-to-equity ratio of 1.45.

Deere & Company (NYSE:DE) last issued 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 net margin of 10.16% and a return on equity of 18.10%. The company had revenue of $12.61 billion for the quarter, compared to analysts’ expectations of $10.81 billion. During the same quarter last year, the company posted $4.75 earnings per share. The firm’s quarterly revenue was up 6.2% on a year-over-year basis. Research analysts anticipate that Deere & Company will post 18.23 EPS for the current year.

Deere & Company Dividend Announcement

The company also recently declared a quarterly dividend, which was paid on Monday, August 10th. Stockholders of record on Tuesday, June 30th were paid a $1.62 dividend. This represents a $6.48 dividend on an annualized basis and a dividend yield of 1.0%. The ex-dividend date was Tuesday, June 30th. Deere & Company’s dividend payout ratio (DPR) is 36.00%.

More Deere & Company News

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

• Positive Sentiment: Q3 earnings and revenue beat expectations. Deere reported earnings of $5.10 per share, up from $4.75 a year earlier, on revenue of $12.61 billion, which rose about 6% year over year and exceeded analyst estimates. Deere Reports Third Quarter Net Income
• Positive Sentiment: Management raised its fiscal 2026 outlook. Deere increased its net-income forecast to $4.75 billion-$5.00 billion and expects $5.0 billion-$5.5 billion in equipment-operations cash flow, improving confidence in profitability and cash generation. Deere Raises FY2026 Outlook
• Positive Sentiment: Construction and forestry provided the key growth engine. Demand for bulldozers, excavators and other earth-moving equipment is largely booked through the rest of the year, supported by data-center and energy-infrastructure construction tied to artificial-intelligence investment. Deere Lifts Sales Guidance
• Positive Sentiment: The agricultural cycle may be nearing a bottom. Executives characterized fiscal 2026 as the likely trough for the agricultural equipment cycle and pointed to improving early order trends and potentially stronger demand in 2027. Deere also recognized $110 million in tariff refunds during the quarter. DE Q3 Earnings Call Highlights
• Neutral Sentiment: Analyst reactions were mixed but generally reflected higher estimates. Robert W. Baird raised its target to $640 and JPMorgan increased its target to $585, while both retained neutral ratings. Other analysts lifted targets as high as $685, indicating expectations have improved but also that valuation and limited near-term upside remain concerns. Deere Analysts Increase Forecasts
• Negative Sentiment: Agriculture remains a constraint. Production and precision agriculture demand is still weak, and Bank of America cautioned that any recovery may be gradual rather than a sharp cyclical rebound. The stock’s elevated valuation could make it vulnerable if farm-market improvement is delayed.

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.