20,724 Shares in Deere & Company $DE Bought by OMERS ADMINISTRATION Corp

OMERS ADMINISTRATION Corp acquired a new stake in shares of Deere & Company (NYSE:DE) during the second quarter, according to the company in its most recent disclosure with the Securities and Exchange Commission (SEC). The firm acquired 20,724 shares of the industrial products company’s stock, valued at approximately $13,146,000.

Several other institutional investors and hedge funds also recently added to or reduced their stakes in DE. Leigh Baldwin & CO. LLC purchased a new position in Deere & Company in the second quarter valued at about $837,000. Osmosis Investment Management UK Ltd purchased a new stake in shares of Deere & Company during the second quarter valued at about $770,000. Sanctuary Advisors LLC purchased a new stake in shares of Deere & Company during the second quarter valued at about $33,155,000. Solstein Capital LLC bought a new stake in shares of Deere & Company in the 2nd quarter valued at about $30,000. Finally, Meiji Yasuda Asset Management Co Ltd. bought a new stake in shares of Deere & Company in the 2nd quarter valued at about $5,647,000. Hedge funds and other 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: 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.

Deere & Company Price Performance

Shares of DE stock opened at $648.61 on Monday. Deere & Company has a fifty-two week low of $433.00 and a fifty-two week high of $674.19. The firm has a market capitalization of $175.09 billion, a price-to-earnings ratio of 36.03, a PEG ratio of 2.74 and a beta of 0.90. The company has a debt-to-equity ratio of 1.45, a quick ratio of 1.89 and a current ratio of 2.10. The stock’s 50-day simple moving average is $606.90 and its 200-day simple moving average is $591.15.

Deere & Company (NYSE:DE) last posted its quarterly earnings data on Thursday, August 20th. The industrial products company reported $5.10 earnings per share (EPS) for the quarter, beating the consensus estimate of $4.69 by $0.41. The firm had revenue of $12.61 billion for the quarter, compared to the consensus estimate of $10.81 billion. Deere & Company had a net margin of 10.16% and a return on equity of 18.10%. The company’s revenue for the quarter was up 6.2% compared to the same quarter last year. During the same quarter in the prior year, the company posted $4.75 earnings per share. As a group, equities analysts forecast that Deere & Company will post 18.23 earnings per share for the current fiscal year.

Deere & Company Dividend Announcement

The business also recently declared a quarterly dividend, which was paid on Monday, August 10th. Shareholders of record on Tuesday, June 30th were paid a dividend of $1.62 per share. The ex-dividend date was Tuesday, June 30th. This represents a $6.48 dividend on an annualized basis and a yield of 1.0%. Deere & Company’s dividend payout ratio is presently 36.00%.

Analyst Ratings Changes

DE has been the topic of a number of analyst reports. Bank of America cut their price objective on shares of Deere & Company from $672.00 to $607.50 and set a “neutral” rating on the stock in a research report on Friday, May 22nd. Truist Financial increased their target price on shares of Deere & Company from $759.00 to $812.00 and gave the company a “buy” rating in a research report on Thursday, July 2nd. Weiss Ratings restated a “hold (c+)” rating on shares of Deere & Company in a research note on Tuesday, August 18th. Robert W. Baird lifted their price target on shares of Deere & Company from $525.00 to $640.00 and gave the stock a “neutral” rating in a report on Friday. Finally, Wall Street Zen downgraded Deere & Company from a “hold” rating to a “sell” rating in a research report on Saturday. Fourteen equities research analysts have rated the stock with a Buy rating and nine have given a Hold rating to the stock. According to data from MarketBeat.com, the company has an average rating of “Moderate Buy” and an average target price of $643.38.

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.