Jupiter Topco LLC Makes New Investment in Deere & Company $DE

Jupiter Topco LLC bought a new stake in shares of Deere & Company (NYSE:DE) during the 2nd quarter, according to the company in its most recent 13F filing with the Securities and Exchange Commission. The institutional investor bought 1,090,450 shares of the industrial products company’s stock, valued at approximately $691,678,000. Jupiter Topco LLC owned 0.40% of Deere & Company as of its most recent filing with the Securities and Exchange Commission.

Other institutional investors have also recently made changes to their positions in the company. Cary Street Partners Financial LLC increased its position in shares of Deere & Company by 11.8% during the 4th quarter. Cary Street Partners Financial LLC now owns 10,312 shares of the industrial products company’s stock valued at $4,801,000 after purchasing an additional 1,086 shares during the last quarter. Baxter Bros Inc. purchased a new position in shares of Deere & Company in the second quarter worth approximately $1,707,000. Global Retirement Partners LLC purchased a new position in shares of Deere & Company in the second quarter worth approximately $3,890,000. Spectrum Financial Alliance Ltd LLC grew its position in Deere & Company by 55.8% during the fourth quarter. Spectrum Financial Alliance Ltd LLC now owns 85,351 shares of the industrial products company’s stock valued at $39,737,000 after buying an additional 30,553 shares during the period. Finally, Westpac Banking Corp grew its position in Deere & Company by 78.6% during the fourth quarter. Westpac Banking Corp now owns 6,925 shares of the industrial products company’s stock valued at $3,224,000 after buying an additional 3,047 shares during the period. Hedge funds and other institutional investors own 68.58% of the company’s stock.

Trending Headlines about Deere & Company

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

• Positive Sentiment: Strong fiscal third-quarter results: Deere exceeded earnings expectations, with quarterly net income rising 7%. Construction & Forestry sales increased 18% year over year, benefiting from infrastructure investment and AI data-center construction. Deere & Company Strong Quarter Raises the Stakes for an Agricultural Recovery
• Positive Sentiment: Analysts raised their targets: DA Davidson lifted its price target to $760 and maintained a buy rating, while RBC reaffirmed its outperform rating with a $752 target. Analysts cited better-than-expected results, improving equipment orders and potential recovery in farm machinery demand. Deere analyst price-target updates
• Positive Sentiment: Construction and Forestry may provide longer-term growth: Higher volumes, pricing, technology adoption and demand tied to infrastructure spending are strengthening a segment that could help offset weakness in agricultural equipment. Can Construction and Forestry Fuel Deere’s Long-Term Growth?
• Neutral Sentiment: Competitive positioning is mixed: A comparison with Caterpillar concluded that CAT’s record sales, backlog and earnings growth currently give it an advantage over Deere, highlighting divergent outlooks within the heavy-equipment sector. Caterpillar vs. Deere
• Negative Sentiment: Tariff costs are expected to increase: Deere warned of a “step-up” in tariff expenses in 2027, raising concerns about margin pressure and potentially higher prices for customers. Deere expects step-up in tariff costs in 2027
• Negative Sentiment: Labor negotiations pose a future risk: United Auto Workers members rejected Deere’s proposed two-year contract extension, setting up potentially contentious bargaining in 2027. Wage demands and the possibility of operational disruptions could increase costs and uncertainty. UAW Workers Reject Deere’s Contract Extension Offer

Wall Street Analyst Weigh In

DE has been the topic of several recent research reports. JPMorgan Chase & Co. increased their price target on shares of Deere & Company from $570.00 to $585.00 and gave the stock a “neutral” rating in a research report on Friday, August 21st. Truist Financial cut their price objective on shares of Deere & Company from $812.00 to $804.00 and set a “buy” rating for the company in a research report on Monday. Barclays upped their price objective on Deere & Company from $640.00 to $675.00 and gave the stock an “overweight” rating in a research note on Monday. Bank of America decreased their target price on Deere & Company from $672.00 to $607.50 and set a “neutral” rating on the stock in a report on Friday, May 22nd. Finally, Raymond James Financial lowered their target price on Deere & Company from $765.00 to $700.00 and set an “outperform” rating on the stock in a research report on Friday, May 22nd. Fourteen research analysts have rated the stock with a Buy rating and nine have given a Hold rating to the stock. According to data from MarketBeat, the company presently has a consensus rating of “Moderate Buy” and a consensus price target of $653.48.

Deere & Company Price Performance

NYSE DE opened at $631.41 on Wednesday. The company has a current ratio of 2.10, a quick ratio of 1.89 and a debt-to-equity ratio of 1.45. Deere & Company has a 12 month low of $433.00 and a 12 month high of $674.19. The stock has a market cap of $170.44 billion, a price-to-earnings ratio of 35.08, a PEG ratio of 2.30 and a beta of 0.90. The company’s 50 day moving average is $609.25 and its two-hundred day moving average is $592.33.

Deere & Company (NYSE:DE) last posted its quarterly earnings results on Thursday, August 20th. The industrial products company reported $5.10 earnings per share for the quarter, topping analysts’ consensus estimates of $4.69 by $0.41. The business had revenue of $12.61 billion during the quarter, compared to analyst estimates of $10.81 billion. Deere & Company had a net margin of 10.16% and a return on equity of 18.10%. The company’s revenue was up 6.2% on a year-over-year basis. During the same period in the prior year, the business posted $4.75 earnings per share. As a group, research analysts anticipate that Deere & Company will post 18.11 earnings per share for the current year.

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.