52,268 Shares in Deere & Company $DE Bought by Sanctuary Advisors LLC

Sanctuary Advisors LLC bought a new position in shares of Deere & Company (NYSE:DE) during the 2nd quarter, according to its most recent filing with the Securities & Exchange Commission. The fund bought 52,268 shares of the industrial products company’s stock, valued at approximately $33,155,000.

Other institutional investors and hedge funds have also modified their holdings of the company. Solstein Capital LLC acquired a new position in shares of Deere & Company in the second quarter valued at approximately $30,000. Meiji Yasuda Asset Management Co Ltd. acquired a new position in shares of Deere & Company during the 2nd quarter worth about $5,647,000. Forefront Analytics LLC bought a new position in Deere & Company in the second quarter valued at approximately $743,000. Elefante Mark B bought a new position in shares of Deere & Company in the second quarter valued at $333,000. Finally, Twin Tree Management LP bought a new position in shares of Deere & Company in the 2nd quarter valued at about $2,063,000. 68.58% of the stock is currently owned by institutional investors and hedge funds.

Deere & Company Trading Up 0.2%

Shares of NYSE:DE opened at $648.61 on Monday. Deere & Company has a 12-month low of $433.00 and a 12-month high of $674.19. The business has a 50 day moving average of $606.90 and a 200-day moving average of $591.15. The company has a quick ratio of 1.89, a current ratio of 2.10 and a debt-to-equity ratio of 1.45. The stock has a market cap of $175.09 billion, a PE ratio of 36.03, a P/E/G ratio of 2.74 and a beta of 0.90.

Deere & Company (NYSE:DE) last released its quarterly earnings results on Thursday, August 20th. The industrial products company reported $5.10 earnings per share for the quarter, topping the consensus estimate of $4.69 by $0.41. The business had revenue of $12.61 billion during 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 firm’s revenue for the quarter was up 6.2% compared to the same quarter last year. During the same period last year, the firm posted $4.75 EPS. As a group, equities research analysts forecast that Deere & Company will post 18.23 earnings per share for the current year.

Deere & Company Dividend Announcement

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 dividend of $1.62 per share. The ex-dividend date of this dividend was Tuesday, June 30th. This represents a $6.48 dividend on an annualized basis and a dividend yield of 1.0%. Deere & Company’s dividend payout ratio (DPR) is currently 36.00%.

Deere & Company News Summary

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.

Analysts Set New Price Targets

DE has been the topic of a number of recent analyst reports. Citigroup boosted their price target on Deere & Company from $610.00 to $650.00 and gave the stock a “neutral” rating in a research report on Friday. Seaport Research Partners set a $570.00 price objective on Deere & Company in a research report on Friday, August 14th. Weiss Ratings reiterated a “hold (c+)” rating on shares of Deere & Company in a research note on Tuesday, August 18th. Truist Financial boosted their target price on Deere & Company from $759.00 to $812.00 and gave the stock a “buy” rating in a report on Thursday, July 2nd. Finally, Robert W. Baird increased their price target on Deere & Company from $525.00 to $640.00 and gave the company a “neutral” rating in a research note on Friday. Fourteen investment analysts have rated the stock with a Buy rating and nine have assigned a Hold rating to the company’s stock. According to MarketBeat.com, the company has an average rating of “Moderate Buy” and a consensus price target 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.