Deere & Company $DE Stake Boosted by Raiffeisen Bank International AG

Raiffeisen Bank International AG boosted its stake in shares of Deere & Company (NYSE:DE) by 9.2% during the 2nd quarter, according to the company in its most recent filing with the Securities and Exchange Commission. The firm owned 22,572 shares of the industrial products company’s stock after buying an additional 1,904 shares during the period. Raiffeisen Bank International AG’s holdings in Deere & Company were worth $14,144,000 at the end of the most recent reporting period.

Other hedge funds also recently bought and sold shares of the company. BlackRock Inc. acquired a new stake in shares of Deere & Company during the second quarter valued at approximately $11,763,504,000. State Street Corp boosted its stake in Deere & Company by 0.9% in the 4th quarter. State Street Corp now owns 10,485,949 shares of the industrial products company’s stock worth $4,898,717,000 after purchasing an additional 97,049 shares during the period. Capital World Investors boosted its stake in Deere & Company by 53.9% in the 4th quarter. Capital World Investors now owns 9,592,004 shares of the industrial products company’s stock worth $4,465,906,000 after purchasing an additional 3,358,264 shares during the period. Price T Rowe Associates Inc. MD grew its position in Deere & Company by 2.1% during the 4th quarter. Price T Rowe Associates Inc. MD now owns 7,692,877 shares of the industrial products company’s stock worth $3,581,574,000 after purchasing an additional 158,584 shares in the last quarter. Finally, Geode Capital Management LLC raised its stake in Deere & Company by 0.3% during the 4th quarter. Geode Capital Management LLC now owns 5,600,552 shares of the industrial products company’s stock valued at $2,609,149,000 after purchasing an additional 17,269 shares during the period. 68.58% of the stock is owned by hedge funds and other institutional investors.

Deere & Company Trading Down 0.6%

Shares of NYSE DE opened at $694.00 on Friday. The stock has a market cap of $187.12 billion, a price-to-earnings ratio of 38.56, a PEG ratio of 2.88 and a beta of 0.90. The business has a 50 day simple moving average of $617.54 and a 200 day simple moving average of $595.61. Deere & Company has a 52 week low of $433.00 and a 52 week high of $705.88. The company has a debt-to-equity ratio of 1.45, a quick ratio of 1.89 and a current ratio of 2.10.

Deere & Company (NYSE:DE) last issued its quarterly earnings data on Thursday, August 20th. The industrial products company reported $5.10 earnings per share for the quarter, beating the consensus estimate of $4.69 by $0.41. The firm had revenue of $12.61 billion for the quarter, compared to analyst estimates of $10.81 billion. Deere & Company had a net margin of 10.16% and a return on equity of 18.10%. The company’s revenue for the quarter was up 6.2% on a year-over-year basis. During the same quarter last year, the firm earned $4.75 earnings per share. On average, research analysts predict that Deere & Company will post 18.12 earnings per share for the current fiscal year.

Deere & Company Dividend Announcement

The firm also recently declared a quarterly dividend, which will be paid on Monday, November 9th. Stockholders of record on Wednesday, September 30th will be paid a dividend of $1.62 per share. The ex-dividend date is Wednesday, September 30th. This represents a $6.48 annualized dividend and a dividend yield of 0.9%. Deere & Company’s dividend payout ratio is 36.00%.

Key Headlines Impacting Deere & Company

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

• Positive Sentiment: Analyst upgrades point to potential recovery. Evercore upgraded Deere from “in-line” to “outperform” and set an $813 price target, implying approximately 17% upside from the referenced share price. Baird also raised its rating from “neutral” to “outperform,” citing a potential recovery in agricultural fundamentals by 2027 and stronger equipment demand. Baird Upgrades Deere to Outperform
• Positive Sentiment: Agricultural rebound is supporting the stock’s momentum. Deere has been highlighted among stocks reaching new 52-week highs, with analysts attributing its strength to improving agricultural prospects. The company’s recent earnings beat and revenue growth also provide fundamental support for the recovery thesis. Market Extremes Flash Warning Signs
• Positive Sentiment: Wall Street research remains focused on Deere’s upside. Deere was included in Thursday’s prominent analyst research coverage as broader markets became more volatile, keeping institutional attention on the company’s recovery outlook. Thursday’s Top Wall Street Analyst Research Calls
• Neutral Sentiment: Unusually heavy options volume signals increased trading interest. The activity may reflect positioning around analyst upgrades and Deere’s extended rally, but it does not establish a clear directional outlook. Deere Sees Unusually Large Options Volume
• Negative Sentiment: Valuation and legal uncertainty remain risks. With Deere trading at a high earnings multiple after its substantial gains, investors may demand continued execution. Separately, farmers have begun filing claims related to a Deere settlement, creating a potential overhang even though the immediate financial impact was not specified. Farmers Can Now File Claim in Deere Settlement

Analyst Upgrades and Downgrades

DE has been the subject of a number of research analyst reports. Seaport Research Partners set a $570.00 target price on Deere & Company in a report on Friday, August 14th. Truist Financial lowered their price target on Deere & Company from $812.00 to $804.00 and set a “buy” rating on the stock in a report on Monday, August 24th. Weiss Ratings lowered Deere & Company from a “hold (c+)” rating to a “hold (c)” rating in a research report on Wednesday. UBS Group reduced their price objective on Deere & Company from $732.00 to $728.00 and set a “buy” rating for the company in a research note on Friday, August 21st. Finally, Citigroup raised their price objective on Deere & Company from $610.00 to $650.00 and gave the stock a “neutral” rating in a research report on Friday, August 21st. Sixteen equities research analysts have rated the stock with a Buy rating and eight have assigned a Hold rating to the stock. According to data from MarketBeat.com, the company has a consensus rating of “Moderate Buy” and a consensus price target of $680.73.

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.