Trillium Asset Management LLC Makes New $12.99 Million Investment in Deere & Company $DE

Trillium Asset Management LLC acquired a new stake in shares of Deere & Company (NYSE:DE) in the second quarter, according to its most recent Form 13F filing with the Securities & Exchange Commission. The firm acquired 20,484 shares of the industrial products company’s stock, valued at approximately $12,994,000.

Several other institutional investors and hedge funds also recently made changes to their positions in the company. Mowery & Schoenfeld Wealth Management LLC bought a new position in Deere & Company during the 2nd quarter valued at about $27,000. Portus Wealth Advisors LLC bought a new stake in Deere & Company during the first quarter worth about $32,000. Harborfront Financial Group LLC bought a new stake in Deere & Company during the second quarter worth about $39,000. Timmons Wealth Management LLC acquired a new stake in shares of Deere & Company during the fourth quarter worth approximately $29,000. Finally, McIlrath & Eck LLC acquired a new stake in shares of Deere & Company during the fourth quarter worth approximately $30,000. Institutional investors and hedge funds own 68.58% of the company’s stock.

Deere & Company Price Performance

Shares of DE stock opened at $624.38 on Friday. Deere & Company has a 1 year low of $433.00 and a 1 year high of $674.19. The firm’s 50 day moving average is $605.47 and its 200-day moving average is $590.34. The firm has a market capitalization of $168.55 billion, a price-to-earnings ratio of 35.38, a PEG ratio of 2.46 and a beta of 0.90. The company has a current ratio of 2.18, a quick ratio of 1.95 and a debt-to-equity ratio of 1.54.

Deere & Company (NYSE:DE) last released its quarterly earnings results on Thursday, August 20th. The industrial products company reported $5.10 EPS for the quarter, beating the consensus estimate of $4.69 by $0.41. Deere & Company had a net margin of 10.09% and a return on equity of 18.25%. The business had revenue of $12.61 billion for the quarter, compared to analysts’ expectations of $10.81 billion. During the same period in the prior year, the firm earned $4.75 earnings per share. Deere & Company’s revenue was up 6.2% compared to the same quarter last year. Sell-side analysts forecast that Deere & Company will post 18.21 EPS for the current fiscal year.

Deere & Company Announces Dividend

The company also recently disclosed a quarterly dividend, which was paid on Monday, August 10th. Shareholders of record on Tuesday, June 30th were given a $1.62 dividend. This represents a $6.48 dividend on an annualized basis and a yield of 1.0%. The ex-dividend date was Tuesday, June 30th. Deere & Company’s dividend payout ratio (DPR) is presently 36.71%.

Analysts Set New Price Targets

DE has been the topic of several recent analyst reports. 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. Truist Financial raised 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. DA Davidson reiterated a “buy” rating and issued a $685.00 price objective on shares of Deere & Company in a research report on Friday, July 17th. Citigroup lifted their price objective on Deere & Company from $575.00 to $610.00 and gave the company a “neutral” rating in a research report on Tuesday, July 14th. Finally, JPMorgan Chase & Co. reduced their price objective on Deere & Company from $590.00 to $570.00 and set a “neutral” rating on the stock in a research note on Friday, August 14th. Fourteen analysts have rated the stock with a Buy rating and nine have given a Hold rating to the stock. According to MarketBeat, Deere & Company presently has an average rating of “Moderate Buy” and an average price target of $641.98.

Key Headlines Impacting Deere & Company

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

• Positive Sentiment: Deere reported fiscal Q3 net income of $1.379 billion, or $5.10 per share, up from $4.75 per share a year earlier. Revenue rose approximately 6% to $12.61 billion, exceeding analyst expectations for both earnings and sales. Deere Reports Third Quarter Net Income of $1.379 Billion
• Positive Sentiment: Management raised fiscal 2026 net-income guidance to $4.75 billion-$5.00 billion, from a prior range of $4.50 billion-$5.00 billion, and expects $5 billion-$5.5 billion in equipment-operations cash flow. Deere Raises FY2026 Net Income Outlook
• Positive Sentiment: The Construction & Forestry and Small Agriculture & Turf divisions provided the main upside, with demand tied to energy infrastructure and data-center construction supporting Deere’s nonfarm businesses. The company also indicated that fiscal 2026 could mark the bottom of the current agricultural equipment cycle. Deere Stock Soars After Construction Unit Drives Earnings Beat
• Neutral Sentiment: Management cited improving early order trends, used-equipment inventories and resilient parts demand, which may support a gradual recovery; however, the broader farm-equipment rebound is expected to be more pronounced in 2027. Deere Narrows Profit Outlook as Farm Recovery Seen in 2027
• Negative Sentiment: Production agriculture remains pressured by weak farm conditions, while tariffs and regional sales weakness could weigh on margins and demand. The stock’s strong earnings reaction also leaves valuation and expectations elevated, increasing sensitivity to any signs that the agricultural recovery 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.