Daiichi Life Insurance Co. Ltd. Buys New Shares in Deere & Company $DE

Daiichi Life Insurance Co. Ltd. purchased a new stake in Deere & Company (NYSE:DE) in the second quarter, according to its most recent Form 13F filing with the Securities and Exchange Commission. The institutional investor purchased 7,361 shares of the industrial products company’s stock, valued at approximately $4,669,000.

Several other hedge funds and other institutional investors also recently bought and sold shares of the stock. Mowery & Schoenfeld Wealth Management LLC acquired a new stake in Deere & Company during the second quarter worth about $27,000. Kilter Group LLC acquired a new position in Deere & Company in the 2nd quarter valued at approximately $29,000. Timmons Wealth Management LLC acquired a new position in Deere & Company in the 4th quarter valued at approximately $29,000. McIlrath & Eck LLC bought a new stake in shares of Deere & Company in the 4th quarter worth approximately $30,000. Finally, Portus Wealth Advisors LLC bought a new stake in shares of Deere & Company in the 1st quarter worth approximately $32,000. 68.58% of the stock is currently owned by institutional investors and hedge funds.

Deere & Company News Roundup

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

Deere & Company stock opened at $648.61 on Monday. The business has a 50 day simple moving average of $606.90 and a 200 day simple moving average of $591.15. The company has a debt-to-equity ratio of 1.45, a current ratio of 2.10 and a quick ratio of 1.89. The company has a market capitalization of $175.09 billion, a PE ratio of 36.03, a price-to-earnings-growth ratio of 2.74 and a beta of 0.90. Deere & Company has a one year low of $433.00 and a one year high of $674.19.

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

Deere & Company Dividend Announcement

The company also recently declared a quarterly dividend, which was paid on Monday, August 10th. Investors of record on Tuesday, June 30th were issued a dividend of $1.62 per share. This represents a $6.48 annualized dividend and a yield of 1.0%. The ex-dividend date of this dividend 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 recently commented on the company. Truist Financial upped their target price on Deere & Company from $759.00 to $812.00 and gave the company a “buy” rating in a research note on Thursday, July 2nd. Oppenheimer lifted their price target on shares of Deere & Company from $680.00 to $685.00 and gave the stock an “outperform” rating in a research note on Thursday. Robert W. Baird boosted their price target on shares of Deere & Company from $525.00 to $640.00 and gave the company a “neutral” rating in a report on Friday. JPMorgan Chase & Co. increased their price objective on shares of Deere & Company from $570.00 to $585.00 and gave the company a “neutral” rating in a research note on Friday. Finally, Wall Street Zen cut shares of Deere & Company from a “hold” rating to a “sell” rating in a research note on Saturday. Fourteen 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 currently has a consensus rating of “Moderate Buy” and an average price target of $643.38.

Deere & Company 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.