Deere & Company $DE Shares Sold by Border to Coast Pensions Partnership Ltd

Border to Coast Pensions Partnership Ltd decreased its holdings in Deere & Company (NYSE:DE) by 17.6% in the 1st quarter, HoldingsChannel reports. The firm owned 103,492 shares of the industrial products company’s stock after selling 22,066 shares during the quarter. Border to Coast Pensions Partnership Ltd’s holdings in Deere & Company were worth $58,476,000 as of its most recent SEC filing.

A number of other institutional investors have also recently made changes to their positions in DE. FLP Wealth Management LLC acquired a new stake in Deere & Company during the 1st quarter worth approximately $1,587,000. Cambient Family Office LLC grew its stake in shares of Deere & Company by 4.6% in the first quarter. Cambient Family Office LLC now owns 16,630 shares of the industrial products company’s stock worth $9,395,000 after acquiring an additional 732 shares in the last quarter. Value Partners Investments Inc. grew its stake in shares of Deere & Company by 12.6% in the first quarter. Value Partners Investments Inc. now owns 2,345 shares of the industrial products company’s stock worth $1,321,000 after acquiring an additional 263 shares in the last quarter. Lewis Asset Management LLC purchased a new stake in shares of Deere & Company during the first quarter worth $250,000. Finally, Venturi Wealth Management LLC increased its position in shares of Deere & Company by 26.4% during the first quarter. Venturi Wealth Management LLC now owns 976 shares of the industrial products company’s stock worth $550,000 after acquiring an additional 204 shares during the period. Institutional investors and hedge funds own 68.58% of the company’s stock.

Wall Street Analysts Forecast Growth

A number of research analysts recently issued reports on DE shares. Bank of America decreased their target price on Deere & Company from $672.00 to $607.50 and set a “neutral” rating for the company in a report on Friday, May 22nd. Truist Financial cut their price target on Deere & Company from $793.00 to $759.00 and set a “buy” rating on the stock in a report on Tuesday, May 26th. Oppenheimer reaffirmed an “outperform” rating and issued a $680.00 price target (down from $715.00) on shares of Deere & Company in a research report on Wednesday, May 27th. DA Davidson decreased their price objective on Deere & Company from $775.00 to $685.00 and set a “buy” rating for the company in a research note on Friday, May 22nd. Finally, Jefferies Financial Group raised Deere & Company from an “underperform” rating to a “hold” rating and set a $550.00 price objective for the company in a research report on Wednesday, April 8th. Fourteen analysts have rated the stock with a Buy rating and nine have assigned a Hold rating to the company. Based on data from MarketBeat.com, Deere & Company currently has an average rating of “Moderate Buy” and a consensus price target of $639.58.

Deere & Company Price Performance

Shares of DE opened at $613.45 on Friday. The firm has a market capitalization of $165.59 billion, a price-to-earnings ratio of 34.76, a PEG ratio of 2.27 and a beta of 0.92. The firm’s fifty day simple moving average is $574.51 and its 200-day simple moving average is $557.28. Deere & Company has a twelve month low of $433.00 and a twelve month high of $674.19. 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 issued its earnings results on Thursday, May 21st. The industrial products company reported $6.55 EPS for the quarter, topping analysts’ consensus estimates of $5.70 by $0.85. The firm had revenue of $13.37 billion during the quarter, compared to the consensus estimate of $11.55 billion. Deere & Company had a net margin of 10.09% and a return on equity of 18.25%. The company’s revenue was up 5.4% compared to the same quarter last year. During the same quarter in the previous year, the firm posted $6.64 earnings per share. Equities analysts forecast that Deere & Company will post 18.13 EPS for the current fiscal year.

Deere & Company Dividend Announcement

The firm also recently declared a quarterly dividend, which will be paid on Monday, August 10th. Shareholders of record on Tuesday, June 30th will be issued a dividend of $1.62 per share. This represents a $6.48 dividend on an annualized basis and a yield of 1.1%. The ex-dividend date of this dividend is Tuesday, June 30th. Deere & Company’s payout ratio is 36.71%.

Key Stories Impacting Deere & Company

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

• Positive Sentiment: Deere raised full-year net income guidance, expanded its share repurchase program, and highlighted AI-enabled efficiency investments, all of which support the case for stronger margins and shareholder returns. Deere (DE) Is Up 7.0% After Raising Guidance, Expanding Buybacks And Highlighting AI Efficiency Investments
• Positive Sentiment: RBC Capital and Freedom Broker raised price targets on Deere after strong quarterly earnings, signaling Wall Street sees continued upside following the company’s latest results. RBC Capital and Freedom Broker Raise Price Targets on Deere (DE) After Strong Quarterly Earnings
• Positive Sentiment: Deere continues to be viewed as a long-term winner in agtech, robotics, and automation, reinforcing the investment case for its precision-farming and technology-driven business model. Is Deere & Co. (DE) Amongst the Best Robotics and Automation Stocks to Look at
• Neutral Sentiment: Deere and other ag-related companies are being highlighted in articles about agtech and food innovation, which supports the long-term theme but does not appear to be a direct stock-moving catalyst. 3 AgTech & Food Innovation Stocks Driving Agriculture’s Future
• Neutral Sentiment: Some commentary suggests Deere may be near an agricultural-cycle bottom in 2026, which could eventually help the stock if farm conditions improve, but that recovery is still forward-looking. Deere Expects 2026 to Mark the Bottom of the Agriculture Cycle, RBC Says
• Negative Sentiment: Near-term sentiment is being capped by concerns that Deere’s agriculture business is still working through a cyclical downturn, even as investors look for signs that demand has stabilized. How CAT Stock Doubles Again To Reach $2,000

About Deere & Company

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.