Deere & Company $DE Shares Newly Purchased by Sacks & Associates LLC

Sacks & Associates LLC bought a new stake in Deere & Company (NYSE:DE) in the 3rd quarter, Holdings Channel.com reports. The firm bought 1,050 shares of the industrial products company’s stock, valued at approximately $705,000.

A number of other hedge funds and other institutional investors have also bought and sold shares of the business. BlackRock Inc. bought a new stake in Deere & Company in the second quarter valued at approximately $11,763,504,000. Bank of America Corp DE bought a new position in shares of Deere & Company during the 2nd quarter worth approximately $1,685,093,000. Bank of New York Mellon Corp acquired a new position in shares of Deere & Company during the 2nd quarter worth approximately $1,259,279,000. Legal & General Group Plc acquired a new position in shares of Deere & Company during the 2nd quarter worth approximately $957,456,000. Finally, Wellington Management Group LLP raised its stake in Deere & Company by 84.3% in the 2nd quarter. Wellington Management Group LLP now owns 3,088,628 shares of the industrial products company’s stock valued at $1,959,209,000 after acquiring an additional 1,412,694 shares during the period. Institutional investors own 68.58% of the company’s stock.

Deere & Company News Roundup

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

• Positive Sentiment: Deere announced a collaboration with Yamaha Motor to develop next-generation utility and recreational Side-by-Side vehicles. The partnership could broaden Deere’s off-road product lineup and create longer-term growth opportunities beyond traditional farm equipment. Deere Expands Into Side By Sides As Federal Scrutiny Builds
• Positive Sentiment: Evercore ISI upgraded Deere to Outperform and assigned an $813 price target, signaling confidence in the company’s long-term earnings potential. Evercore ISI Upgrades Deere Company
• Neutral Sentiment: JPMorgan raised its price target to $625 but maintained a Neutral rating, implying limited near-term upside and reflecting a cautious view of Deere’s valuation and operating outlook. JPMorgan Raises Deere Price Target
• Negative Sentiment: The Federal Trade Commission and U.S. Department of Agriculture opened a public inquiry into agricultural-equipment manufacturing and distribution practices, including potential anticompetitive conduct and repair-access issues. The investigation places additional regulatory risk on Deere following its right-to-repair settlement. Deere Shares Fall as Federal Inquiry Adds to Demand Concerns
• Negative Sentiment: Farm-equipment stocks weakened broadly as crop prices deteriorated and investors anticipated softer demand for large agricultural machinery. Deere has already indicated that U.S. and Canadian large-equipment demand may be weaker than in 2025, increasing sensitivity to additional headwinds. Farm Equipment Stocks Fall on Regulatory Probe and Falling Crop Prices
• Negative Sentiment: Reported insider activity showed sales without purchases over the past six months. While not necessarily a fundamental signal, the activity may add to investor caution during a period of regulatory and demand uncertainty. Deere Insider Trading Activity

Analyst Ratings Changes

Several brokerages have issued reports on DE. JPMorgan Chase & Co. raised their price target on Deere & Company from $585.00 to $625.00 and gave the company a “neutral” rating in a report on Thursday. Citigroup increased their price objective on shares of Deere & Company from $610.00 to $650.00 and gave the company a “neutral” rating in a research report on Friday, August 21st. Oppenheimer raised their target price on shares of Deere & Company from $680.00 to $685.00 and gave the stock an “outperform” rating in a research note on Thursday, August 20th. CICC Research assumed coverage on shares of Deere & Company in a report on Sunday, September 13th. They set an “outperform” rating for the company. Finally, Raymond James Financial upped their price target on shares of Deere & Company from $700.00 to $730.00 and gave the company an “outperform” rating in a research note on Monday, August 31st. Seventeen equities research analysts have rated the stock with a Buy rating and eight have issued a Hold rating to the company’s stock. Based on data from MarketBeat, the company presently has an average rating of “Moderate Buy” and an average target price of $688.10.

Deere & Company Stock Performance

DE opened at $621.66 on Friday. 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 business has a fifty day simple moving average of $654.99 and a 200 day simple moving average of $609.41. Deere & Company has a 1 year low of $433.00 and a 1 year high of $721.22. The company has a market capitalization of $167.62 billion, a PE ratio of 34.54, a price-to-earnings-growth ratio of 2.39 and a beta of 0.86.

Deere & Company (NYSE:DE) last posted its earnings results on Thursday, August 20th. The industrial products company reported $5.10 earnings per share for the quarter, topping analysts’ consensus estimates of $4.69 by $0.41. The company had revenue of $12.61 billion during the quarter, compared to the consensus estimate of $10.81 billion. Deere & Company had a return on equity of 18.10% and a net margin of 10.16%. The company’s revenue was up 6.2% on a year-over-year basis. During the same quarter last year, the firm earned $4.75 earnings per share. Research analysts expect that Deere & Company will post 18.12 EPS for the current year.

Deere & Company Dividend Announcement

The firm also recently disclosed a quarterly dividend, which will be paid on Monday, November 9th. Shareholders 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 yield of 1.0%. Deere & Company’s payout ratio is 36.00%.

About Deere & Company

Deere & Company, commonly known as John Deere, is a global manufacturer of agricultural, construction, forestry and turf-care equipment. The company’s products include tractors, combines, planters, sprayers, harvesting equipment, earthmoving machinery, forestry equipment, commercial and residential lawn-care products, and related technology solutions.

Deere operates through businesses serving production and precision agriculture, small agriculture and turf, and construction and forestry markets.