Pinnacle Wealth Management LLC Acquires Shares of 3,970 Deere & Company $DE

Pinnacle Wealth Management LLC acquired a new stake in shares of Deere & Company (NYSE:DE) in the 4th quarter, HoldingsChannel.com reports. The institutional investor acquired 3,970 shares of the industrial products company’s stock, valued at approximately $1,848,000. Deere & Company comprises approximately 1.2% of Pinnacle Wealth Management LLC’s holdings, making the stock its 27th largest position.

A number of other institutional investors also recently modified their holdings of DE. The Manufacturers Life Insurance Company lifted its stake in shares of Deere & Company by 30.6% in the second quarter. The Manufacturers Life Insurance Company now owns 364,103 shares of the industrial products company’s stock valued at $185,143,000 after buying an additional 85,351 shares in the last quarter. Csenge Advisory Group increased its position in shares of Deere & Company by 84.9% during the third quarter. Csenge Advisory Group now owns 7,440 shares of the industrial products company’s stock worth $3,402,000 after acquiring an additional 3,416 shares in the last quarter. MASTERINVEST Kapitalanlage GmbH bought a new stake in shares of Deere & Company during the second quarter worth about $3,615,000. WINTON GROUP Ltd acquired a new stake in shares of Deere & Company in the 2nd quarter worth about $4,550,000. Finally, Compagnie Lombard Odier SCmA lifted its position in Deere & Company by 66.1% in the 3rd quarter. Compagnie Lombard Odier SCmA now owns 27,568 shares of the industrial products company’s stock valued at $12,606,000 after acquiring an additional 10,974 shares in the last quarter. 68.58% of the stock is owned by institutional investors and hedge funds.

Insider Activity

In other Deere & Company news, CEO John C. May II sold 41,472 shares of Deere & Company stock in a transaction dated Thursday, January 8th. The shares were sold at an average price of $501.49, for a total value of $20,797,793.28. Following the sale, the chief executive officer owned 117,970 shares of the company’s stock, valued at approximately $59,160,775.30. The trade was a 26.01% decrease in their ownership of the stock. The sale was disclosed in a legal filing with the SEC, which is accessible through this link. Also, insider Cory J. Reed sold 12,000 shares of the business’s stock in a transaction dated Wednesday, January 14th. The shares were sold at an average price of $510.00, for a total transaction of $6,120,000.00. Following the completion of the transaction, the insider owned 20,792 shares in the company, valued at approximately $10,603,920. The trade was a 36.59% decrease in their ownership of the stock. The SEC filing for this sale provides additional information. 0.29% of the stock is currently owned by corporate insiders.

Deere & Company Stock Performance

Shares of DE opened at $562.92 on Wednesday. The stock has a 50 day moving average of $581.59 and a 200 day moving average of $511.06. The company has a market capitalization of $152.05 billion, a price-to-earnings ratio of 31.73, a PEG ratio of 1.94 and a beta of 0.96. Deere & Company has a 12 month low of $404.42 and a 12 month high of $674.19. The company has a current ratio of 2.21, a quick ratio of 1.96 and a debt-to-equity ratio of 1.59.

Deere & Company (NYSE:DE) last posted its quarterly earnings data on Thursday, February 19th. The industrial products company reported $2.42 earnings per share for the quarter, topping the consensus estimate of $1.90 by $0.52. The business had revenue of $9.61 billion for the quarter, compared to analysts’ expectations of $7.50 billion. Deere & Company had a return on equity of 18.93% and a net margin of 10.29%.The business’s revenue was up 17.5% on a year-over-year basis. During the same quarter in the previous year, the firm earned $3.19 earnings per share. As a group, sell-side analysts forecast that Deere & Company will post 19.32 earnings per share for the current year.

Deere & Company Dividend Announcement

The business also recently declared a quarterly dividend, which will be paid on Friday, May 8th. Investors of record on Tuesday, March 31st will be issued a $1.62 dividend. This represents a $6.48 dividend on an annualized basis and a dividend yield of 1.2%. The ex-dividend date of this dividend is Tuesday, March 31st. Deere & Company’s payout ratio is 36.53%.

Trending Headlines about Deere & Company

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

• Positive Sentiment: Seeking Alpha argues Deere is set for a cyclical rebound: management sees 2026 as a bottom, aftermarket (SAT) and construction/fleet (CF) businesses are expected to grow ~15%, and margin expansion could follow — a narrative that supports multiple expansion and better earnings ahead. Deere Is Finally Receiving Winds Of Change
• Positive Sentiment: John Deere announced a multi-year Major League Baseball sponsorship, boosting brand visibility and consumer touchpoints across ballfields and green spaces — a PR/marketing win that supports long-term brand strength. JOHN DEERE PARTNERS WITH MAJOR LEAGUE BASEBALL
• Positive Sentiment: Local reporting on Deere’s Austin testing center highlights new precision-ag and autonomy work — continued tech investment can support product differentiation, aftermarket sales and long-term margins. John Deere’s Austin testing center brings new tech to farming
• Positive Sentiment: Coverage suggesting Deere is held in Bill Gates’ 2026 portfolio adds prestige and could attract institutional/retail buying interest; two outlets picked up the theme, amplifying investor attention. Is Deere (DE) a Top Stock Pick of Bill Gates in 2026? Is Deere (DE) a Top Stock Pick of Bill Gates in 2026?
• Neutral Sentiment: Zacks explains why DE is trending (investor interest/metrics); useful context for flow-driven moves but not a direct fundamental catalyst. Here is What to Know Beyond Why Deere & Company (DE) is a Trending Stock
• Negative Sentiment: Seeking Alpha warns rising fertilizer prices and other input-cost shocks could pressure farmers’ margins, reduce equipment replacement/demand and slow cyclical recovery — a material downside risk to unit sales and dealer inventories. Deere: Fertilizer Prices Could Be The Straw That Breaks The Camel’s Back

Wall Street Analysts Forecast Growth

DE has been the subject of a number of recent research reports. Morgan Stanley boosted their price objective on Deere & Company from $560.00 to $730.00 and gave the stock an “overweight” rating in a report on Monday, February 23rd. Oppenheimer reiterated an “outperform” rating and set a $715.00 price target on shares of Deere & Company in a report on Friday, February 20th. Zacks Research upgraded Deere & Company from a “strong sell” rating to a “hold” rating in a research note on Wednesday, December 3rd. Jefferies Financial Group downgraded shares of Deere & Company from a “hold” rating to an “underperform” rating and lifted their price objective for the stock from $475.00 to $550.00 in a report on Monday, February 23rd. Finally, JPMorgan Chase & Co. lowered their target price on shares of Deere & Company from $480.00 to $460.00 and set a “neutral” rating for the company in a report on Friday, December 19th. Sixteen analysts have rated the stock with a Buy rating, eight have issued a Hold rating and one has issued a Sell rating to the company. Based on data from MarketBeat, Deere & Company has an average rating of “Moderate Buy” and a consensus price target of $644.70.

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.