30,328 Shares in Deere & Company $DE Bought by TrinityBridge Ltd

TrinityBridge Ltd bought a new position in shares of Deere & Company (NYSE:DE) during the 2nd quarter, according to its most recent filing with the Securities & Exchange Commission. The fund bought 30,328 shares of the industrial products company’s stock, valued at approximately $19,225,000.

Other institutional investors and hedge funds have also recently added to or reduced their stakes in the company. Bernicke Wealth Management Ltd. bought a new stake in shares of Deere & Company in the second quarter worth about $200,000. Silvant Capital Management LLC bought a new position in shares of Deere & Company during the 2nd quarter valued at about $3,788,000. LaSalle St. Investment Advisors LLC bought a new position in shares of Deere & Company during the 2nd quarter valued at about $1,168,000. Mystic Asset Management Inc. acquired a new position in shares of Deere & Company in the 2nd quarter valued at approximately $2,934,000. Finally, Oxford Financial Group LTD. LLC acquired a new position in shares of Deere & Company in the 2nd quarter valued at approximately $1,269,000. 68.58% of the stock is owned by institutional investors and hedge funds.

Key Headlines Impacting Deere & Company

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

• Positive Sentiment: Deere reported fiscal Q3 net income of $1.379 billion, or $5.10 per share, up from $4.75 per share a year earlier. Revenue rose approximately 6% to $12.61 billion, exceeding analyst expectations for both earnings and sales. Deere Reports Third Quarter Net Income of $1.379 Billion
• Positive Sentiment: Management raised fiscal 2026 net-income guidance to $4.75 billion-$5.00 billion, from a prior range of $4.50 billion-$5.00 billion, and expects $5 billion-$5.5 billion in equipment-operations cash flow. Deere Raises FY2026 Net Income Outlook
• Positive Sentiment: The Construction & Forestry and Small Agriculture & Turf divisions provided the main upside, with demand tied to energy infrastructure and data-center construction supporting Deere’s nonfarm businesses. The company also indicated that fiscal 2026 could mark the bottom of the current agricultural equipment cycle. Deere Stock Soars After Construction Unit Drives Earnings Beat
• Neutral Sentiment: Management cited improving early order trends, used-equipment inventories and resilient parts demand, which may support a gradual recovery; however, the broader farm-equipment rebound is expected to be more pronounced in 2027. Deere Narrows Profit Outlook as Farm Recovery Seen in 2027
• Negative Sentiment: Production agriculture remains pressured by weak farm conditions, while tariffs and regional sales weakness could weigh on margins and demand. The stock’s strong earnings reaction also leaves valuation and expectations elevated, increasing sensitivity to any signs that the agricultural recovery is delayed.

Analyst Ratings Changes

Several analysts have commented on DE shares. JPMorgan Chase & Co. dropped their target price on shares of Deere & Company from $590.00 to $570.00 and set a “neutral” rating on the stock in a report on Friday, August 14th. Bank of America reduced their price objective on Deere & Company from $672.00 to $607.50 and set a “neutral” rating for the company in a research report on Friday, May 22nd. Robert W. Baird reduced their target price on shares of Deere & Company from $580.00 to $525.00 and set a “neutral” rating for the company in a report on Friday, May 22nd. Citigroup increased their price target on Deere & Company from $575.00 to $610.00 and gave the company a “neutral” rating in a research report on Tuesday, July 14th. Finally, Seaport Research Partners set a $570.00 price objective on shares of Deere & Company in a research report on Friday, August 14th. 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, Deere & Company has a consensus rating of “Moderate Buy” and a consensus price target of $641.98.

Deere & Company Stock Performance

DE stock opened at $624.38 on Friday. Deere & Company has a 1-year low of $433.00 and a 1-year high of $674.19. The stock has a 50-day moving average price of $605.47 and a 200-day moving average price of $590.34. The company has a current ratio of 2.18, a quick ratio of 1.95 and a debt-to-equity ratio of 1.54. The firm has a market cap of $168.55 billion, a PE ratio of 35.38, a price-to-earnings-growth ratio of 2.46 and a beta of 0.90.

Deere & Company (NYSE:DE) last posted its quarterly earnings results on Thursday, August 20th. The industrial products company reported $5.10 earnings per share (EPS) for the quarter, beating the consensus estimate of $4.69 by $0.41. Deere & Company had a net margin of 10.09% and a return on equity of 18.25%. The business had revenue of $12.61 billion during the quarter, compared to the consensus estimate of $10.81 billion. During the same quarter last year, the firm posted $4.75 EPS. Deere & Company’s revenue was up 6.2% compared to the same quarter last year. As a group, equities research analysts expect that Deere & Company will post 18.21 earnings per share for the current year.

Deere & Company Dividend Announcement

The company also recently declared a quarterly dividend, which was paid on Monday, August 10th. Stockholders of record on Tuesday, June 30th were given a dividend of $1.62 per share. This represents a $6.48 dividend on an annualized basis and a dividend yield of 1.0%. The ex-dividend date of this dividend was Tuesday, June 30th. Deere & Company’s dividend payout ratio is currently 36.71%.

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.