3,252 Shares in Deere & Company $DE Purchased by Twin Tree Management LP

Twin Tree Management LP acquired a new position in shares of Deere & Company (NYSE:DE) during the second quarter, according to its most recent filing with the Securities & Exchange Commission. The institutional investor acquired 3,252 shares of the industrial products company’s stock, valued at approximately $2,063,000.

Several other hedge funds have also recently bought and sold shares of DE. Haverford Trust Co acquired a new stake in shares of Deere & Company during the 2nd quarter worth approximately $2,622,000. Clear Harbor Asset Management LLC bought a new position in Deere & Company in the second quarter valued at approximately $2,237,000. Davis Asset Management L.P. acquired a new position in Deere & Company during the second quarter valued at approximately $1,232,000. First Nebraska Trust Co acquired a new position in Deere & Company during the second quarter valued at approximately $387,000. Finally, Bank of Nova Scotia bought a new stake in Deere & Company during the second quarter worth $52,113,000. 68.58% of the stock is owned by institutional investors.

Trending Headlines about Deere & Company

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

• Positive Sentiment: Q3 earnings and revenue beat expectations. Deere reported earnings of $5.10 per share, up from $4.75 a year earlier, on revenue of $12.61 billion, which rose about 6% year over year and exceeded analyst estimates. Deere Reports Third Quarter Net Income
• Positive Sentiment: Management raised its fiscal 2026 outlook. Deere increased its net-income forecast to $4.75 billion-$5.00 billion and expects $5.0 billion-$5.5 billion in equipment-operations cash flow, improving confidence in profitability and cash generation. Deere Raises FY2026 Outlook
• Positive Sentiment: Construction and forestry provided the key growth engine. Demand for bulldozers, excavators and other earth-moving equipment is largely booked through the rest of the year, supported by data-center and energy-infrastructure construction tied to artificial-intelligence investment. Deere Lifts Sales Guidance
• Positive Sentiment: The agricultural cycle may be nearing a bottom. Executives characterized fiscal 2026 as the likely trough for the agricultural equipment cycle and pointed to improving early order trends and potentially stronger demand in 2027. Deere also recognized $110 million in tariff refunds during the quarter. DE Q3 Earnings Call Highlights
• Neutral Sentiment: Analyst reactions were mixed but generally reflected higher estimates. Robert W. Baird raised its target to $640 and JPMorgan increased its target to $585, while both retained neutral ratings. Other analysts lifted targets as high as $685, indicating expectations have improved but also that valuation and limited near-term upside remain concerns. Deere Analysts Increase Forecasts
• Negative Sentiment: Agriculture remains a constraint. Production and precision agriculture demand is still weak, and Bank of America cautioned that any recovery may be gradual rather than a sharp cyclical rebound. The stock’s elevated valuation could make it vulnerable if farm-market improvement is delayed.

Deere & Company Price Performance

Shares of DE opened at $648.61 on Friday. Deere & Company has a 12-month low of $433.00 and a 12-month high of $674.19. The business has a 50-day simple moving average of $606.90 and a two-hundred day simple moving average of $590.75. The company has a quick ratio of 1.95, a current ratio of 2.10 and a debt-to-equity ratio of 1.45. The stock has a market cap of $175.09 billion, a PE ratio of 36.03, a PEG ratio of 2.74 and a beta of 0.90.

Deere & Company (NYSE:DE) last posted its earnings results on Thursday, August 20th. The industrial products company reported $5.10 EPS for the quarter, beating the consensus estimate of $4.69 by $0.41. Deere & Company had a return on equity of 18.10% and a net margin of 10.16%.The firm had revenue of $12.61 billion during the quarter, compared to the consensus estimate of $10.81 billion. During the same period last year, the company earned $4.75 earnings per share. The business’s quarterly revenue was up 6.2% on a year-over-year basis. Analysts anticipate that Deere & Company will post 18.23 earnings per share for the current fiscal year.

Deere & Company Announces Dividend

The company also recently disclosed a quarterly dividend, which was paid on Monday, August 10th. Stockholders of record on Tuesday, June 30th were paid a $1.62 dividend. The ex-dividend date of this dividend was Tuesday, June 30th. This represents a $6.48 annualized dividend and a dividend yield of 1.0%. Deere & Company’s dividend payout ratio is currently 36.00%.

Analyst Ratings Changes

A number of brokerages have weighed in on DE. Citigroup raised their target price on Deere & Company from $610.00 to $650.00 and gave the company a “neutral” rating in a report on Friday. UBS Group lowered their price target on Deere & Company from $732.00 to $728.00 and set a “buy” rating for the company in a report on Friday. Royal Bank Of Canada restated an “outperform” rating and set a $752.00 price objective on shares of Deere & Company in a research report on Monday, June 1st. DA Davidson set a $585.00 price objective on Deere & Company in a research note on Friday. Finally, Wall Street Zen cut Deere & Company from a “hold” rating to a “sell” rating in a research report on Saturday. Fourteen research analysts have rated the stock with a Buy rating and nine have issued a Hold rating to the stock. According to data from MarketBeat, the stock currently has a consensus rating of “Moderate Buy” and an average target price of $643.38.

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.