Deere & Company $DE Shares Sold by Washington Trust Advisors Inc.

Washington Trust Advisors Inc. lessened its position in Deere & Company (NYSE:DE) by 1.3% in the 4th quarter, according to its most recent filing with the SEC. The firm owned 66,186 shares of the industrial products company’s stock after selling 896 shares during the period. Deere & Company makes up 2.4% of Washington Trust Advisors Inc.’s investment portfolio, making the stock its 12th largest holding. Washington Trust Advisors Inc.’s holdings in Deere & Company were worth $30,814,000 at the end of the most recent quarter.

Other hedge funds also recently made changes to their positions in the company. Strategic Advocates LLC acquired a new stake in shares of Deere & Company in the 3rd quarter worth $25,000. Key Capital Management INC acquired a new stake in shares of Deere & Company in the 4th quarter worth $27,000. Activest Wealth Management lifted its stake in shares of Deere & Company by 69.2% in the 3rd quarter. Activest Wealth Management now owns 66 shares of the industrial products company’s stock worth $30,000 after acquiring an additional 27 shares during the period. McIlrath & Eck LLC acquired a new stake in shares of Deere & Company in the 4th quarter worth $30,000. Finally, Wealth Watch Advisors INC acquired a new stake in shares of Deere & Company in the 3rd quarter worth $32,000. Institutional investors and hedge funds own 68.58% of the company’s stock.

Deere & Company Stock Down 1.0%

Shares of NYSE DE opened at $574.70 on Friday. The company has a quick ratio of 1.96, a current ratio of 2.21 and a debt-to-equity ratio of 1.59. Deere & Company has a 52 week low of $433.00 and a 52 week high of $674.19. The firm has a 50-day moving average price of $586.28 and a 200 day moving average price of $532.75. The stock has a market capitalization of $155.23 billion, a price-to-earnings ratio of 32.40, a price-to-earnings-growth ratio of 2.03 and a beta of 0.96.

Deere & Company (NYSE:DE) last announced its quarterly earnings data on Thursday, February 19th. The industrial products company reported $2.42 EPS for the quarter, beating the consensus estimate of $1.90 by $0.52. Deere & Company had a net margin of 10.29% and a return on equity of 18.93%. The firm had revenue of $9.61 billion during the quarter, compared to analysts’ expectations of $7.50 billion. During the same quarter last year, the business earned $3.19 earnings per share. The business’s revenue for the quarter was up 17.5% compared to the same quarter last year. Equities research analysts anticipate that Deere & Company will post 18.01 EPS for the current fiscal year.

Deere & Company Dividend Announcement

The firm also recently announced a quarterly dividend, which was paid on Friday, May 8th. Shareholders of record on Tuesday, March 31st were given a dividend of $1.62 per share. The ex-dividend date was Tuesday, March 31st. This represents a $6.48 dividend on an annualized basis and a yield of 1.1%. Deere & Company’s payout ratio is presently 36.53%.

Analyst Upgrades and Downgrades

Several analysts have recently commented on the stock. Truist Financial raised their target price on shares of Deere & Company from $612.00 to $793.00 and gave the stock a “buy” rating in a research note on Friday, February 20th. BMO Capital Markets raised their price objective on shares of Deere & Company from $460.00 to $500.00 and gave the company a “market perform” rating in a research note on Friday, February 20th. JPMorgan Chase & Co. raised their price objective on shares of Deere & Company from $525.00 to $550.00 and gave the company a “neutral” rating in a research note on Friday, April 10th. Wells Fargo & Company raised their price objective on shares of Deere & Company from $543.00 to $750.00 and gave the company an “overweight” rating in a research note on Friday, February 20th. Finally, Oppenheimer reiterated an “outperform” rating and issued a $715.00 price objective on shares of Deere & Company in a research note on Friday, February 20th. Sixteen research analysts have rated the stock with a Buy rating and nine have issued a Hold rating to the company’s stock. Based on data from MarketBeat.com, Deere & Company presently has an average rating of “Moderate Buy” and an average price target of $655.45.

Key Stories Impacting Deere & Company

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

• Positive Sentiment: New commentary highlighted Deere as an agtech and food-innovation beneficiary, pointing to demand for smarter farming, sustainable ingredients, and protein solutions that could support long-term revenue growth. 3 AgTech & Food Innovation Stocks to Watch as Food Systems Evolve
• Positive Sentiment: A Seeking Alpha analysis argued Deere could be heading toward a Q2 earnings beat, citing industry tailwinds that may help support demand and investor sentiment ahead of results. Deere: Q2 Earnings Beat Could Be On The Way With Industry Tailwinds
• Positive Sentiment: Investors also got a constructive industry backdrop from a report projecting the forestry equipment market to expand through 2030, which supports Deere’s exposure to forestry and broader equipment demand. Forestry Equipment Industry Report 2026
• Neutral Sentiment: Deere appointed Brent Norwood as CFO, a leadership change that keeps attention on valuation, capital allocation, and execution of its Smart Industrial strategy, but does not appear to be an immediate earnings driver. New Deere CFO Appointment Puts Focus On Valuation And Capital Allocation
• Neutral Sentiment: Supplier-recognition updates for Deere partners reinforced the company’s manufacturing ecosystem, but these announcements are not likely to materially move DE shares on their own. Ascent Global Logistics Earns Recognition as a John Deere Partner-Level Supplier
• Negative Sentiment: Recent market coverage noted Deere has been declining more than the broader market, reflecting investor caution after the stock’s recent run and suggesting some near-term profit-taking. Deere (DE) Dips More Than Broader Market: What You Should Know

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.