Mmbg Investment Advisors CO. acquired a new position in shares of Deere & Company (NYSE:DE – Free Report) in the second quarter, according to its most recent Form 13F filing with the Securities and Exchange Commission. The fund acquired 1,755 shares of the industrial products company’s stock, valued at approximately $1,116,000.
Other large investors also recently modified their holdings of the company. Mowery & Schoenfeld Wealth Management LLC bought a new stake in Deere & Company during the second quarter worth $27,000. Portus Wealth Advisors LLC bought a new position in Deere & Company during the 1st quarter valued at $32,000. Harborfront Financial Group LLC purchased a new position in Deere & Company during the 2nd quarter worth $39,000. Timmons Wealth Management LLC bought a new stake in shares of Deere & Company in the 4th quarter worth $29,000. Finally, McIlrath & Eck LLC purchased a new stake in shares of Deere & Company in the fourth quarter valued at about $30,000. Institutional investors own 68.58% of the company’s stock.
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
Deere & Company Stock Down 1.5%
Deere & Company (NYSE:DE – Get Free Report) last announced its quarterly earnings data on Thursday, May 21st. The industrial products company reported $6.55 earnings per share (EPS) for the quarter, beating analysts’ consensus estimates of $5.70 by $0.85. The business had revenue of $13.37 billion for the quarter, compared to analysts’ expectations of $11.55 billion. Deere & Company had a return on equity of 18.25% and a net margin of 10.09%.The firm’s quarterly revenue was up 5.4% compared to the same quarter last year. During the same period in the previous year, the business posted $6.64 EPS. On average, equities research analysts anticipate that Deere & Company will post 18.21 EPS for the current year.
Deere & Company Announces Dividend
The firm also recently declared a quarterly dividend, which was paid on Monday, August 10th. Investors of record on Tuesday, June 30th were paid a dividend of $1.62 per share. 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 is presently 36.71%.
Analyst Ratings Changes
Several research analysts recently weighed in on DE shares. Oppenheimer restated an “outperform” rating and set a $680.00 price target (down from $715.00) on shares of Deere & Company in a report on Wednesday, May 27th. JPMorgan Chase & Co. dropped their target price on shares of Deere & Company from $590.00 to $570.00 and set a “neutral” rating on the stock in a research report on Friday, August 14th. Royal Bank Of Canada reaffirmed an “outperform” rating and issued a $752.00 target price on shares of Deere & Company in a report on Monday, June 1st. Wall Street Zen upgraded Deere & Company from a “sell” rating to a “hold” rating in a report on Sunday, July 5th. Finally, Bank of America decreased their target price on Deere & Company from $672.00 to $607.50 and set a “neutral” rating for the company in a research report on Friday, May 22nd. Fourteen equities research analysts have rated the stock with a Buy rating and nine have issued a Hold rating to the stock. According to MarketBeat, the stock presently has a consensus rating of “Moderate Buy” and a consensus price target of $641.98.
Get Our Latest Stock Report on DE
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.
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