Proficio Capital Partners LLC raised its holdings in Deere & Company (NYSE:DE – Free Report) by 150.7% during the 2nd quarter, according to its most recent filing with the Securities and Exchange Commission. The fund owned 1,637 shares of the industrial products company’s stock after buying an additional 984 shares during the period. Proficio Capital Partners LLC’s holdings in Deere & Company were worth $1,038,000 at the end of the most recent reporting period.
Several other institutional investors have also recently made changes to their positions in the stock. Mowery & Schoenfeld Wealth Management LLC bought a new position in Deere & Company in the second quarter valued at about $27,000. Kilter Group LLC acquired a new position in Deere & Company in the 2nd quarter valued at approximately $29,000. Solstein Capital LLC bought a new position in Deere & Company during the 2nd quarter worth $30,000. Orion Capital Management LLC bought a new stake in shares of Deere & Company in the 2nd quarter valued at about $32,000. Finally, Portus Wealth Advisors LLC acquired a new stake in shares of Deere & Company in the first quarter valued at about $32,000. Institutional investors and hedge funds own 68.58% of the company’s stock.
Deere & Company Stock Up 3.0%
Shares of Deere & Company stock opened at $674.74 on Wednesday. Deere & Company has a one year low of $433.00 and a one year high of $677.89. 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 stock’s 50-day moving average is $614.39 and its 200 day moving average is $594.27. The firm has a market cap of $181.92 billion, a price-to-earnings ratio of 37.49, a PEG ratio of 2.70 and a beta of 0.90.
Deere & Company Dividend Announcement
The business also recently disclosed a quarterly dividend, which will be paid on Monday, November 9th. Stockholders of record on Wednesday, September 30th will be paid a $1.62 dividend. The ex-dividend date is Wednesday, September 30th. This represents a $6.48 annualized dividend and a dividend yield of 1.0%. Deere & Company’s payout ratio is currently 36.00%.
Analyst Ratings Changes
DE has been the subject of a number of analyst reports. JPMorgan Chase & Co. raised their price objective on Deere & Company from $570.00 to $585.00 and gave the stock a “neutral” rating in a research report on Friday, August 21st. Oppenheimer increased their target price on shares of Deere & Company from $680.00 to $685.00 and gave the company an “outperform” rating in a research report on Thursday, August 20th. Robert W. Baird upgraded shares of Deere & Company from a “neutral” rating to an “outperform” rating and raised their price target for the stock from $640.00 to $800.00 in a report on Monday. Seaport Research Partners set a $570.00 price target on shares of Deere & Company in a research report on Friday, August 14th. Finally, Barclays upped their price objective on shares of Deere & Company from $640.00 to $675.00 and gave the company an “overweight” rating in a research note on Monday, August 24th. Sixteen investment analysts have rated the stock with a Buy rating and eight have given a Hold rating to the stock. According to MarketBeat.com, the company currently has an average rating of “Moderate Buy” and an average target price of $662.98.
Key Deere & Company News
Here are the key news stories impacting Deere & Company this week:
- Positive Sentiment: Baird upgraded Deere to Outperform from Neutral and raised its price target to $800 from $640. The firm expects improving North American agricultural fundamentals in 2027, including potentially stronger corn prices and row-crop demand. Baird Just Upgraded Deere Stock. Here’s Why
- Positive Sentiment: The upgrade reinforces a recovery thesis: Baird believes the current farm-equipment downturn could bottom in 2026, setting up stronger equipment demand and profits in 2027. The call also lifted sentiment across agricultural machinery stocks. How Deere Stock Can Hit $800. A Farming Recovery Is Coming.
- Positive Sentiment: Deere’s latest quarterly results provide additional support for the bullish outlook. The company exceeded earnings and revenue expectations, reported year-over-year revenue growth, and raised fiscal 2026 net-income guidance to approximately $4.75 billion-$5.00 billion.
- Positive Sentiment: Unusually heavy call-option activity, with investors purchasing roughly 61% more calls than typical, signals increased short-term bullish positioning, although options activity can also amplify volatility.
- Positive Sentiment: Deere launched “JD,” an artificial-intelligence assistant integrated into its Operations Center. The tool is designed to help farmers analyze field data and make operational decisions, potentially strengthening Deere’s technology offering and customer relationships. Deere launches AI assistant named JD to guide farmers
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.
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