Commerce Bank Makes New Investment in Deere & Company $DE

Commerce Bank purchased a new position in Deere & Company (NYSE:DE) during the 2nd quarter, according to its most recent disclosure with the Securities and Exchange Commission (SEC). The institutional investor purchased 109,943 shares of the industrial products company’s stock, valued at approximately $69,740,000.

A number of other institutional investors have also added to or reduced their stakes in DE. Mowery & Schoenfeld Wealth Management LLC purchased a new position in Deere & Company in the second quarter worth about $27,000. Kilter Group LLC purchased a new stake in shares of Deere & Company during the second quarter valued at approximately $29,000. Timmons Wealth Management LLC purchased a new stake in shares of Deere & Company during the fourth quarter valued at approximately $29,000. McIlrath & Eck LLC bought a new stake in shares of Deere & Company during the fourth quarter valued at approximately $30,000. Finally, Portus Wealth Advisors LLC purchased a new position in Deere & Company in the 1st quarter worth approximately $32,000. Institutional investors own 68.58% of the company’s stock.

Deere & Company Price Performance

NYSE DE opened at $648.61 on Friday. Deere & Company has a 52 week low of $433.00 and a 52 week high of $674.19. The firm has a market capitalization of $175.09 billion, a P/E ratio of 36.03, a PEG ratio of 2.74 and a beta of 0.90. The company has a quick ratio of 1.95, a current ratio of 2.10 and a debt-to-equity ratio of 1.45. The company has a 50-day moving average price of $606.90 and a 200-day moving average price of $590.75.

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, topping the consensus estimate of $4.69 by $0.41. The firm had revenue of $12.61 billion for the quarter, compared to analysts’ expectations of $10.81 billion. Deere & Company had a net margin of 10.16% and a return on equity of 18.10%. The business’s quarterly revenue was up 6.2% on a year-over-year basis. During the same quarter in the prior year, the business earned $4.75 EPS. Equities research analysts anticipate that Deere & Company will post 18.23 earnings per share for the current year.

Deere & Company Dividend Announcement

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

Analysts Set New Price Targets

A number of research analysts have recently issued reports on the company. Oppenheimer upped their price target on Deere & Company from $680.00 to $685.00 and gave the company an “outperform” rating in a report on Thursday. Wall Street Zen downgraded Deere & Company from a “hold” rating to a “sell” rating in a report on Saturday. Robert W. Baird boosted their target price on Deere & Company from $525.00 to $640.00 and gave the stock a “neutral” rating in a research report on Friday. Citigroup boosted their target price on Deere & Company from $610.00 to $650.00 and gave the stock a “neutral” rating in a research report on Friday. Finally, Royal Bank Of Canada reaffirmed an “outperform” rating and set a $752.00 price target on shares of Deere & Company in a report on Monday, June 1st. Fourteen investment analysts have rated the stock with a Buy rating and nine have assigned a Hold rating to the stock. Based on data from MarketBeat, the stock presently has a consensus rating of “Moderate Buy” and a consensus target price of $643.38.

Key Stories Impacting 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 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.