1,319 Shares in Deere & Company $DE Acquired by Leigh Baldwin & CO. LLC

Leigh Baldwin & CO. LLC bought a new position in Deere & Company (NYSE:DE) in the second quarter, according to its most recent filing with the Securities and Exchange Commission (SEC). The fund bought 1,319 shares of the industrial products company’s stock, valued at approximately $837,000.

Several other institutional investors have also recently added to or reduced their stakes in DE. Mowery & Schoenfeld Wealth Management LLC acquired a new stake in shares of Deere & Company in the 2nd quarter valued at about $27,000. Kilter Group LLC acquired a new position in Deere & Company during the 2nd quarter worth approximately $29,000. Solstein Capital LLC bought a new position in Deere & Company in the second quarter worth approximately $30,000. Portus Wealth Advisors LLC bought a new position in Deere & Company in the first quarter worth approximately $32,000. Finally, Timmons Wealth Management LLC acquired a new stake in Deere & Company in the fourth quarter valued at approximately $29,000. 68.58% of the stock is owned by institutional investors and hedge funds.

Deere & Company Trading Up 0.2%

Shares of Deere & Company stock opened at $648.61 on Monday. The company has a market capitalization of $175.09 billion, a P/E ratio of 36.03, a price-to-earnings-growth ratio of 2.74 and a beta of 0.90. The stock has a fifty day simple moving average of $606.90 and a 200 day simple moving average of $591.15. Deere & Company has a 12-month low of $433.00 and a 12-month high of $674.19. The company has a current ratio of 2.10, a quick ratio of 1.89 and a debt-to-equity ratio of 1.45.

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 business had revenue of $12.61 billion for the quarter, compared to analysts’ expectations of $10.81 billion. Deere & Company had a return on equity of 18.10% and a net margin of 10.16%.The business’s revenue was up 6.2% on a year-over-year basis. During the same period last year, the business earned $4.75 EPS. On average, sell-side analysts anticipate that Deere & Company will post 18.23 earnings per share for the current fiscal year.

Deere & Company Announces Dividend

The company also recently announced a quarterly dividend, which was paid on Monday, August 10th. Stockholders of record on Tuesday, June 30th were issued a $1.62 dividend. The ex-dividend date was Tuesday, June 30th. This represents a $6.48 annualized dividend and a dividend yield of 1.0%. Deere & Company’s dividend payout ratio is currently 36.00%.

Deere & Company News Roundup

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

• Positive Sentiment: Q3 earnings and revenue beat expectations. Deere reported earnings of $5.10 per share, up from $4.75 a year earlier, on revenue of $12.61 billion, which rose about 6% year over year and exceeded analyst estimates. Deere Reports Third Quarter Net Income
• Positive Sentiment: Management raised its fiscal 2026 outlook. Deere increased its net-income forecast to $4.75 billion-$5.00 billion and expects $5.0 billion-$5.5 billion in equipment-operations cash flow, improving confidence in profitability and cash generation. Deere Raises FY2026 Outlook
• Positive Sentiment: Construction and forestry provided the key growth engine. Demand for bulldozers, excavators and other earth-moving equipment is largely booked through the rest of the year, supported by data-center and energy-infrastructure construction tied to artificial-intelligence investment. Deere Lifts Sales Guidance
• Positive Sentiment: The agricultural cycle may be nearing a bottom. Executives characterized fiscal 2026 as the likely trough for the agricultural equipment cycle and pointed to improving early order trends and potentially stronger demand in 2027. Deere also recognized $110 million in tariff refunds during the quarter. DE Q3 Earnings Call Highlights
• Neutral Sentiment: Analyst reactions were mixed but generally reflected higher estimates. Robert W. Baird raised its target to $640 and JPMorgan increased its target to $585, while both retained neutral ratings. Other analysts lifted targets as high as $685, indicating expectations have improved but also that valuation and limited near-term upside remain concerns. Deere Analysts Increase Forecasts
• Negative Sentiment: Agriculture remains a constraint. Production and precision agriculture demand is still weak, and Bank of America cautioned that any recovery may be gradual rather than a sharp cyclical rebound. The stock’s elevated valuation could make it vulnerable if farm-market improvement is delayed.

Wall Street Analyst Weigh In

Several equities research analysts have recently commented on DE shares. UBS Group decreased their price objective on Deere & Company from $732.00 to $728.00 and set a “buy” rating for the company in a report on Friday. Weiss Ratings reissued a “hold (c+)” rating on shares of Deere & Company in a research report on Tuesday, August 18th. Raymond James Financial decreased their price target on shares of Deere & Company from $765.00 to $700.00 and set an “outperform” rating for the company in a research note on Friday, May 22nd. Citigroup upped their price objective on shares of Deere & Company from $610.00 to $650.00 and gave the stock a “neutral” rating in a report on Friday. Finally, Wall Street Zen lowered shares of Deere & Company from a “hold” rating to a “sell” rating in a research note on Saturday. Fourteen investment analysts have rated the stock with a Buy rating and nine have given a Hold rating to the company. According to data from MarketBeat.com, the company currently has an average rating of “Moderate Buy” and an average target price of $643.38.

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.