Foster & Motley Inc. Acquires New Stake in Deere & Company $DE

Foster & Motley Inc. acquired a new stake in Deere & Company (NYSE:DE) during the 2nd quarter, according to the company in its most recent disclosure with the Securities and Exchange Commission. The institutional investor acquired 1,382 shares of the industrial products company’s stock, valued at approximately $877,000.

A number of other hedge funds and other institutional investors have also bought and sold shares of the business. Anchyra Partners LLC lifted its holdings in Deere & Company by 0.5% during the 1st quarter. Anchyra Partners LLC now owns 3,191 shares of the industrial products company’s stock valued at $1,797,000 after buying an additional 17 shares in the last quarter. William B. Walkup & Associates Inc. increased its position in shares of Deere & Company by 0.6% during the first quarter. William B. Walkup & Associates Inc. now owns 2,908 shares of the industrial products company’s stock worth $1,638,000 after acquiring an additional 17 shares during the period. Advisortrust Partners LLC raised its stake in shares of Deere & Company by 2.0% during the first quarter. Advisortrust Partners LLC now owns 914 shares of the industrial products company’s stock valued at $515,000 after acquiring an additional 18 shares in the last quarter. Cerro Pacific Wealth Advisors LLC boosted its holdings in shares of Deere & Company by 0.6% in the fourth quarter. Cerro Pacific Wealth Advisors LLC now owns 3,179 shares of the industrial products company’s stock valued at $1,480,000 after purchasing an additional 19 shares during the period. Finally, Hazlett Burt & Watson Inc. boosted its holdings in shares of Deere & Company by 2.4% in the fourth quarter. Hazlett Burt & Watson Inc. now owns 816 shares of the industrial products company’s stock valued at $379,000 after purchasing an additional 19 shares during the period. Hedge funds and other institutional investors own 68.58% of the company’s stock.

Deere & Company News Summary

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

• Positive Sentiment: Analysts expect Deere to report approximately $4.70–$4.79 in earnings per share and about $10.73–$10.78 billion in revenue. Although revenue would be below the prior-year quarter, the estimates have reportedly moved higher ahead of the release, creating potential for a positive reaction if Deere beats expectations. Deere Set to Report Q3 Earnings
• Positive Sentiment: Investors are watching whether Deere’s precision-agriculture technology and exposure to data-center-related infrastructure can support growth beyond traditional farm machinery. Evidence of resilient technology demand or stronger margins could reinforce the company’s longer-term investment narrative. Deere Q3 Preview
• Neutral Sentiment: The earnings announcement is the immediate catalyst, with investors focused on management’s outlook for agriculture, construction equipment, inventories and full-year profitability. Analysts remain mixed, including JPMorgan’s Neutral rating, suggesting expectations are not uniformly bullish. Deere Dividends Ahead of Q3 Earnings
• Negative Sentiment: Consensus revenue of roughly $10.73 billion would decline from $12.02 billion a year earlier, reflecting pressure in the farming sector. Weak farm spending and elevated production costs could weigh on margins and make it harder for Deere to deliver a strong outlook. Deere Earnings and Precision Agriculture

Deere & Company Stock Performance

DE opened at $580.06 on Thursday. The company has a market cap of $156.58 billion, a P/E ratio of 32.86, a price-to-earnings-growth ratio of 2.49 and a beta of 0.90. The company has a quick ratio of 1.95, a current ratio of 2.18 and a debt-to-equity ratio of 1.54. The firm’s 50-day moving average price is $604.36 and its 200-day moving average price is $589.65. Deere & Company has a 52-week low of $433.00 and a 52-week high of $674.19.

Deere & Company (NYSE:DE) last released its earnings results on Thursday, May 21st. The industrial products company reported $6.55 EPS for the quarter, topping analysts’ consensus estimates of $5.70 by $0.85. The company had revenue of $13.37 billion during the quarter, compared to analysts’ expectations of $11.55 billion. Deere & Company had a net margin of 10.09% and a return on equity of 18.25%. Deere & Company’s revenue for the quarter was up 5.4% on a year-over-year basis. During the same period last year, the business earned $6.64 EPS. As a group, equities analysts anticipate that Deere & Company will post 18.21 EPS for the current fiscal year.

Deere & Company Dividend Announcement

The business also recently disclosed 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 1.1%. Deere & Company’s payout ratio is 36.71%.

Analyst Ratings Changes

DE has been the topic of several research reports. Citigroup raised their price objective on Deere & Company from $575.00 to $610.00 and gave the stock a “neutral” rating in a report on Tuesday, July 14th. JPMorgan Chase & Co. lowered their target price on Deere & Company from $590.00 to $570.00 and set a “neutral” rating for the company in a report on Friday, August 14th. Robert W. Baird dropped their price target on Deere & Company from $580.00 to $525.00 and set a “neutral” rating on the stock in a research report on Friday, May 22nd. Weiss Ratings upgraded shares of Deere & Company from a “hold (c)” rating to a “hold (c+)” rating in a report on Thursday, May 21st. Finally, Truist Financial raised 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. Fourteen equities research analysts have rated the stock with a Buy rating and nine have assigned a Hold rating to the company’s stock. According to MarketBeat, the company presently has an average rating of “Moderate Buy” and a consensus price target of $641.98.

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.