Voya Investment Management LLC Lowers Stock Position in Deere & Company $DE

Voya Investment Management LLC decreased its position in shares of Deere & Company (NYSE:DE) by 72.1% during the third quarter, according to the company in its most recent filing with the Securities and Exchange Commission. The firm owned 218,466 shares of the industrial products company’s stock after selling 565,643 shares during the period. Voya Investment Management LLC owned 0.08% of Deere & Company worth $99,896,000 at the end of the most recent quarter.

A number of other hedge funds have also modified their holdings of the company. Fermata Advisors LLC lifted its stake in shares of Deere & Company by 24.3% during the 3rd quarter. Fermata Advisors LLC now owns 557 shares of the industrial products company’s stock valued at $254,000 after buying an additional 109 shares in the last quarter. Armstrong Advisory Group Inc. boosted its stake in shares of Deere & Company by 0.3% in the third quarter. Armstrong Advisory Group Inc. now owns 9,102 shares of the industrial products company’s stock worth $4,162,000 after acquiring an additional 30 shares during the period. Firethorn Wealth Partners LLC raised its stake in Deere & Company by 13.7% during the 3rd quarter. Firethorn Wealth Partners LLC now owns 746 shares of the industrial products company’s stock valued at $341,000 after purchasing an additional 90 shares during the period. Czech National Bank lifted its holdings in Deere & Company by 3.7% in the 3rd quarter. Czech National Bank now owns 63,970 shares of the industrial products company’s stock worth $29,251,000 after purchasing an additional 2,271 shares in the last quarter. Finally, Cooper Financial Group boosted its stake in Deere & Company by 7.3% in the 3rd quarter. Cooper Financial Group now owns 1,073 shares of the industrial products company’s stock worth $491,000 after purchasing an additional 73 shares during the period. 68.58% of the stock is currently owned by institutional investors.

Analyst Ratings Changes

A number of brokerages have issued reports on DE. JPMorgan Chase & Co. reduced their price target on shares of Deere & Company from $480.00 to $460.00 and set a “neutral” rating on the stock in a report on Friday. BMO Capital Markets reiterated a “market perform” rating and issued a $460.00 target price on shares of Deere & Company in a research report on Tuesday, December 9th. Morgan Stanley restated an “overweight” rating and set a $560.00 price target on shares of Deere & Company in a report on Tuesday, December 9th. Oppenheimer upped their price objective on Deere & Company from $512.00 to $531.00 and gave the stock an “outperform” rating in a report on Friday, November 28th. Finally, Truist Financial raised their target price on shares of Deere & Company from $609.00 to $612.00 and gave the company a “buy” rating in a report on Friday, November 28th. One analyst has rated the stock with a Strong Buy rating, fifteen have assigned a Buy rating and ten have given a Hold rating to the company’s stock. Based on data from MarketBeat.com, Deere & Company currently has an average rating of “Moderate Buy” and a consensus target price of $522.70.

Key Deere & Company News

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

• Neutral Sentiment: JPMorgan trimmed its price target to $460 (from $480) and kept a “neutral” rating — a modest reduction to the stock’s upside case that may cap near-term gains. MarketScreener
• Neutral Sentiment: Representative Julie Johnson reported a sale of DE shares — an insider sale that investors often watch, but by itself doesn’t confirm a change in company fundamentals. Rep. Julie Johnson Sells Deere & Company Stock
• Negative Sentiment: Zacks Research cut multiple near-term and medium-term EPS forecasts across Deere’s 2026–2028 fiscal periods, and maintains a “Hold” rating — suggesting reduced earnings visibility: notable moves include Q1 2026 EPS cut to $1.99 from $2.83, FY2026 to $16.74 from $18.83, Q2 2027 to $6.19 from $7.24, Q3 2027 to $5.68 from $6.44, and FY2027 to $21.55 from $24.20. These downgrades signal expectations for weaker near-term profits and are the primary reason the stock is under pressure today.
• Negative Sentiment: Zacks also trimmed several quarter-level estimates within FY2026–FY2028 (Q3 & Q4 2026, Q1 & Q4 2027, and FY2028 projections were reduced), reinforcing the view of slower earnings growth than previously modeled and increasing uncertainty around hitting prior consensus (the broader consensus cited remains near $19.32 for the current full year).

Insider Activity at Deere & Company

In related news, CEO John C. May II sold 11,106 shares of the company’s stock in a transaction that occurred on Tuesday, November 25th. The shares were sold at an average price of $500.08, for a total transaction of $5,553,888.48. Following the sale, the chief executive officer directly owned 112,453 shares in the company, valued at approximately $56,235,496.24. This represents a 8.99% decrease in their ownership of the stock. The transaction was disclosed in a filing with the Securities & Exchange Commission, which is accessible through the SEC website. Corporate insiders own 0.29% of the company’s stock.

Deere & Company Trading Down 0.9%

NYSE DE opened at $470.62 on Friday. The company has a debt-to-equity ratio of 1.68, a quick ratio of 2.01 and a current ratio of 2.22. The firm has a market cap of $127.22 billion, a price-to-earnings ratio of 25.43, a PEG ratio of 1.79 and a beta of 1.00. The firm has a 50 day simple moving average of $471.38 and a 200-day simple moving average of $486.77. Deere & Company has a one year low of $403.01 and a one year high of $533.78.

Deere & Company (NYSE:DE) last issued its quarterly earnings results on Wednesday, November 26th. The industrial products company reported $3.93 EPS for the quarter, missing the consensus estimate of $3.96 by ($0.03). The business had revenue of $12.39 billion during the quarter, compared to analysts’ expectations of $9.77 billion. Deere & Company had a net margin of 11.00% and a return on equity of 20.54%. The business’s quarterly revenue was up 14.1% on a year-over-year basis. During the same period in the prior year, the business earned $4.55 EPS. Equities research analysts anticipate that Deere & Company will post 19.32 EPS for the current fiscal year.

Deere & Company Announces Dividend

The business also recently disclosed a quarterly dividend, which will be paid on Monday, February 9th. Stockholders of record on Wednesday, December 31st will be paid a $1.62 dividend. This represents a $6.48 annualized dividend and a dividend yield of 1.4%. The ex-dividend date is Wednesday, December 31st. Deere & Company’s dividend payout ratio (DPR) is presently 35.01%.

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.