5,888 Shares in Deere & Company $DE Bought by Csenge Advisory Group

Csenge Advisory Group purchased a new stake in Deere & Company (NYSE:DE) during the 2nd quarter, Holdings Channel reports. The institutional investor purchased 5,888 shares of the industrial products company’s stock, valued at approximately $3,735,000.

Other large investors have also recently added to or reduced their stakes in the company. Planning Directions Inc. acquired a new position in Deere & Company during the 2nd quarter worth $456,000. AssuredPartners Investment Advisors LLC acquired a new stake in shares of Deere & Company in the 2nd quarter valued at about $1,179,000. Shepherd Financial Partners LLC bought a new position in shares of Deere & Company during the second quarter worth about $367,000. Johnson Financial Group Inc. bought a new position in shares of Deere & Company during the second quarter worth about $854,000. Finally, Tocqueville Asset Management L.P. acquired a new position in Deere & Company in the second quarter worth about $66,567,000. 68.58% of the stock is currently owned by institutional investors.

Deere & Company Trading Down 1.5%

NYSE:DE opened at $580.06 on Thursday. The stock 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 has a debt-to-equity ratio of 1.54, a quick ratio of 1.95 and a current ratio of 2.18. Deere & Company has a 1 year low of $433.00 and a 1 year high of $674.19. The business has a fifty day moving average of $604.36 and a 200-day moving average of $589.65.

Deere & Company (NYSE:DE) last issued its quarterly earnings results on Thursday, May 21st. The industrial products company reported $6.55 earnings per share (EPS) for the quarter, beating the consensus estimate 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 for the quarter, compared to analysts’ expectations of $11.55 billion. During the same period last year, the firm earned $6.64 EPS. The firm’s revenue for the quarter was up 5.4% on a year-over-year basis. Equities analysts predict that Deere & Company will post 18.21 earnings per share for the current year.

Deere & Company Dividend Announcement

The firm also recently disclosed a quarterly dividend, which was paid on Monday, August 10th. Stockholders of record on Tuesday, June 30th were given a dividend of $1.62 per share. The ex-dividend date was Tuesday, June 30th. This represents a $6.48 annualized dividend and a dividend yield of 1.1%. Deere & Company’s dividend payout ratio (DPR) is 36.71%.

Trending Headlines about Deere & Company

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

Wall Street Analysts Forecast Growth

A number of research firms have commented on DE. Robert W. Baird reduced their target price on Deere & Company from $580.00 to $525.00 and set a “neutral” rating on the stock in a report on Friday, May 22nd. Royal Bank Of Canada reissued an “outperform” rating and set a $752.00 price target on shares of Deere & Company in a research report on Monday, June 1st. Oppenheimer restated an “outperform” rating and set a $680.00 price objective (down from $715.00) on shares of Deere & Company in a research note on Wednesday, May 27th. JPMorgan Chase & Co. decreased their price objective on shares of Deere & Company from $590.00 to $570.00 and set a “neutral” rating for the company in a report on Friday, August 14th. Finally, DA Davidson reiterated a “buy” rating and set a $685.00 target price on shares of Deere & Company in a research note on Friday, July 17th. Fourteen investment analysts have rated the stock with a Buy rating and nine have given a Hold rating to the stock. According to MarketBeat, the stock has an average rating of “Moderate Buy” and a consensus target price of $641.98.

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.