Deere & Company $DE Stake Boosted by Wedmont Private Capital

Wedmont Private Capital lifted its stake in Deere & Company (NYSE:DE) by 25.5% during the third quarter, according to its most recent disclosure with the Securities and Exchange Commission. The fund owned 4,257 shares of the industrial products company’s stock after acquiring an additional 864 shares during the quarter. Wedmont Private Capital’s holdings in Deere & Company were worth $2,778,000 as of its most recent filing with the Securities and Exchange Commission.

Several other hedge funds and other institutional investors have also modified their holdings of the company. Baxter Bros Inc. acquired a new position in shares of Deere & Company during the 2nd quarter worth $1,707,000. Global Retirement Partners LLC acquired a new stake in shares of Deere & Company in the 2nd quarter valued at $3,890,000. Nykredit A S acquired a new stake in shares of Deere & Company in the 2nd quarter valued at $44,378,000. TRB Wealth Management LLC bought a new stake in Deere & Company in the second quarter worth $623,000. Finally, Pacific Sage Partners LLC bought a new stake in Deere & Company in the second quarter worth $2,592,000. 68.58% of the stock is currently owned by hedge funds and other institutional investors.

Deere & Company Stock Performance

Shares of DE opened at $621.66 on Friday. The company has a market capitalization of $167.62 billion, a PE ratio of 34.54, a price-to-earnings-growth ratio of 2.39 and a beta of 0.86. The company has a debt-to-equity ratio of 1.45, a current ratio of 2.10 and a quick ratio of 1.89. Deere & Company has a one year low of $433.00 and a one year high of $721.22. The company’s fifty day moving average price is $654.99 and its 200 day moving average price is $609.41.

Deere & Company (NYSE:DE) last released its quarterly earnings results on Thursday, August 20th. The industrial products company reported $5.10 earnings per share (EPS) for the quarter, beating analysts’ consensus estimates of $4.69 by $0.41. The company had revenue of $12.61 billion during the quarter, compared to analysts’ expectations of $10.81 billion. Deere & Company had a net margin of 10.16% and a return on equity of 18.10%. The business’s quarterly revenue was up 6.2% compared to the same quarter last year. During the same period in the prior year, the company earned $4.75 earnings per share. As a group, analysts expect that Deere & Company will post 18.12 earnings per share for the current year.

Deere & Company Dividend Announcement

The firm also recently disclosed a quarterly dividend, which will be paid on Monday, November 9th. Investors of record on Wednesday, September 30th will be given a dividend of $1.62 per share. This represents a $6.48 annualized dividend and a dividend yield of 1.0%. The ex-dividend date of this dividend is Wednesday, September 30th. Deere & Company’s payout ratio is currently 36.00%.

Trending Headlines about Deere & Company

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

• Positive Sentiment: Deere announced a collaboration with Yamaha Motor to develop next-generation utility and recreational Side-by-Side vehicles. The partnership could broaden Deere’s off-road product lineup and create longer-term growth opportunities beyond traditional farm equipment. Deere Expands Into Side By Sides As Federal Scrutiny Builds
• Positive Sentiment: Evercore ISI upgraded Deere to Outperform and assigned an $813 price target, signaling confidence in the company’s long-term earnings potential. Evercore ISI Upgrades Deere Company
• Neutral Sentiment: JPMorgan raised its price target to $625 but maintained a Neutral rating, implying limited near-term upside and reflecting a cautious view of Deere’s valuation and operating outlook. JPMorgan Raises Deere Price Target
• Negative Sentiment: The Federal Trade Commission and U.S. Department of Agriculture opened a public inquiry into agricultural-equipment manufacturing and distribution practices, including potential anticompetitive conduct and repair-access issues. The investigation places additional regulatory risk on Deere following its right-to-repair settlement. Deere Shares Fall as Federal Inquiry Adds to Demand Concerns
• Negative Sentiment: Farm-equipment stocks weakened broadly as crop prices deteriorated and investors anticipated softer demand for large agricultural machinery. Deere has already indicated that U.S. and Canadian large-equipment demand may be weaker than in 2025, increasing sensitivity to additional headwinds. Farm Equipment Stocks Fall on Regulatory Probe and Falling Crop Prices
• Negative Sentiment: Reported insider activity showed sales without purchases over the past six months. While not necessarily a fundamental signal, the activity may add to investor caution during a period of regulatory and demand uncertainty. Deere Insider Trading Activity

Analysts Set New Price Targets

DE has been the topic of several recent research reports. Weiss Ratings upgraded Deere & Company from a “hold (c)” rating to a “hold (c+)” rating in a report on Monday, September 21st. Citigroup upped their price target on Deere & Company from $610.00 to $650.00 and gave the stock a “neutral” rating in a research note on Friday, August 21st. Seaport Research Partners set a $570.00 price objective on Deere & Company in a report on Friday, August 14th. DA Davidson raised their price objective on Deere & Company from $685.00 to $760.00 and gave the company a “buy” rating in a research note on Monday, August 24th. Finally, Oppenheimer boosted their target price on Deere & Company from $680.00 to $685.00 and gave the stock an “outperform” rating in a report on Thursday, August 20th. Seventeen research analysts have rated the stock with a Buy rating and eight have assigned a Hold rating to the company. Based on data from MarketBeat, Deere & Company currently has a consensus rating of “Moderate Buy” and an average target price of $688.10.

Deere & Company Profile

Deere & Company, commonly known as John Deere, is a global manufacturer of agricultural, construction, forestry and turf-care equipment. The company’s products include tractors, combines, planters, sprayers, harvesting equipment, earthmoving machinery, forestry equipment, commercial and residential lawn-care products, and related technology solutions.

Deere operates through businesses serving production and precision agriculture, small agriculture and turf, and construction and forestry markets.