Texas Capital Bank Wealth Management Services Inc Raises Stake in Deere & Company $DE

Texas Capital Bank Wealth Management Services Inc grew its stake in shares of Deere & Company (NYSE:DE) by 19.0% during the 4th quarter, according to its most recent 13F filing with the SEC. The institutional investor owned 33,040 shares of the industrial products company’s stock after purchasing an additional 5,281 shares during the period. Deere & Company makes up about 0.9% of Texas Capital Bank Wealth Management Services Inc’s holdings, making the stock its 20th largest position. Texas Capital Bank Wealth Management Services Inc’s holdings in Deere & Company were worth $15,382,000 as of its most recent filing with the SEC.

Several other institutional investors also recently made changes to their positions in DE. Brighton Jones LLC boosted its position in shares of Deere & Company by 39.1% during the 4th quarter. Brighton Jones LLC now owns 4,548 shares of the industrial products company’s stock worth $1,927,000 after purchasing an additional 1,278 shares in the last quarter. Schnieders Capital Management LLC. raised its stake in shares of Deere & Company by 7.8% during the 2nd quarter. Schnieders Capital Management LLC. now owns 2,076 shares of the industrial products company’s stock worth $1,056,000 after buying an additional 150 shares during the last quarter. Jump Financial LLC acquired a new position in shares of Deere & Company during the 2nd quarter worth $2,153,000. NewEdge Advisors LLC raised its stake in shares of Deere & Company by 6.0% during the 2nd quarter. NewEdge Advisors LLC now owns 18,758 shares of the industrial products company’s stock worth $9,538,000 after buying an additional 1,067 shares during the last quarter. Finally, Main Street Financial Solutions LLC raised its stake in shares of Deere & Company by 6.7% during the 2nd quarter. Main Street Financial Solutions LLC now owns 1,551 shares of the industrial products company’s stock worth $789,000 after buying an additional 97 shares during the last quarter. 68.58% of the stock is currently owned by hedge funds and other institutional investors.

Key Stories Impacting Deere & Company

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

• Positive Sentiment: RBC raised its price target on Deere to $752 and reiterated an outperform rating, citing solid fiscal Q2 execution and resilience despite tough core market conditions.
• Positive Sentiment: Truist also maintained a buy rating on Deere, reflecting continued confidence in the company’s earnings power and long-term outlook.
• Positive Sentiment: Deere announced a quarterly dividend of $1.62 per share, reinforcing its return-of-capital story for income-focused investors. Deere & Company Announces Quarterly Dividend
• Positive Sentiment: Thoughtworks was recognized as a Partner-level supplier in Deere’s Achieving Excellence Program, highlighting Deere’s focus on supplier quality and operational excellence. Thoughtworks Recognized as John Deere Partner-Level Supplier in 2026 Achieving Excellence Program
• Neutral Sentiment: Deere remains a heavily watched stock on Zacks, suggesting investor attention is elevated, but this is not a direct fundamental catalyst. Here is What to Know Beyond Why Deere & Company (DE) is a Trending Stock
• Neutral Sentiment: Planet Labs received a Deere sustainability award, which reflects Deere’s supplier standards but is unlikely to move the stock on its own. Planet Labs PBC Receives John Deere Sustainability Award
• Negative Sentiment: Benzinga reported fading stock momentum, weaker agricultural conditions, and fertilizer cost pressure tied to geopolitical risks, suggesting near-term headwinds for Deere’s shares.

Deere & Company Trading Up 0.0%

Shares of DE stock opened at $529.26 on Thursday. The firm has a 50-day moving average price of $573.56 and a 200 day moving average price of $541.56. Deere & Company has a twelve month low of $433.00 and a twelve month high of $674.19. The company has a market capitalization of $142.96 billion, a price-to-earnings ratio of 29.99, a PEG ratio of 1.97 and a beta of 0.96. The company has a current ratio of 2.18, a quick ratio of 1.95 and a debt-to-equity ratio of 1.54.

Deere & Company (NYSE:DE) last announced its earnings results on Thursday, May 21st. The industrial products company reported $6.55 earnings per share for the quarter, beating the consensus estimate of $5.70 by $0.85. Deere & Company had a net margin of 10.09% and a return on equity of 18.25%. The firm had revenue of $11.78 billion during the quarter, compared to the consensus estimate of $11.55 billion. During the same quarter in the previous year, the company posted $6.64 EPS. The firm’s revenue for the quarter was up 5.4% on a year-over-year basis. Research analysts forecast that Deere & Company will post 18.05 earnings per share for the current fiscal year.

Deere & Company Announces Dividend

The business also recently disclosed a quarterly dividend, which will be paid on Monday, August 10th. Stockholders of record on Tuesday, June 30th will be paid a dividend of $1.62 per share. The ex-dividend date of this dividend is Tuesday, June 30th. This represents a $6.48 dividend on an annualized basis and a dividend yield of 1.2%. Deere & Company’s dividend payout ratio is currently 36.71%.

Wall Street Analyst Weigh In

Several research firms have recently issued reports on DE. Truist Financial cut their price target on Deere & Company from $793.00 to $759.00 and set a “buy” rating for the company in a research note on Tuesday. Barclays lifted their price target on Deere & Company from $530.00 to $640.00 and gave the stock an “overweight” rating in a research note on Tuesday, March 31st. Royal Bank Of Canada lifted their price target on Deere & Company from $736.00 to $752.00 and gave the stock an “outperform” rating in a research note on Tuesday. Bank of America cut their price target on Deere & Company from $672.00 to $607.50 and set a “neutral” rating for the company in a research note on Friday, May 22nd. Finally, Wells Fargo & Company lifted their price target on Deere & Company from $543.00 to $750.00 and gave the stock an “overweight” rating in a research note on Friday, February 20th. Fifteen investment analysts have rated the stock with a Buy rating and nine have issued a Hold rating to the company’s stock. According to data from MarketBeat.com, the stock currently has a consensus rating of “Moderate Buy” and an average price target of $638.08.

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.