Providence Financial Advisors LLC Invests $869,000 in Deere & Company $DE

Providence Financial Advisors LLC purchased a new position in shares of Deere & Company (NYSE:DE) during the third quarter, according to its most recent 13F filing with the Securities & Exchange Commission. The fund purchased 1,900 shares of the industrial products company’s stock, valued at approximately $869,000. Deere & Company comprises 0.8% of Providence Financial Advisors LLC’s portfolio, making the stock its 17th biggest position.

Other hedge funds also recently bought and sold shares of the company. The Manufacturers Life Insurance Company boosted its stake in shares of Deere & Company by 30.6% in the 2nd quarter. The Manufacturers Life Insurance Company now owns 364,103 shares of the industrial products company’s stock valued at $185,143,000 after buying an additional 85,351 shares during the period. Csenge Advisory Group increased its stake in shares of Deere & Company by 84.9% during the third quarter. Csenge Advisory Group now owns 7,440 shares of the industrial products company’s stock worth $3,402,000 after buying an additional 3,416 shares during the period. Mesirow Financial Investment Management Inc. raised its holdings in Deere & Company by 1.0% in the second quarter. Mesirow Financial Investment Management Inc. now owns 4,678 shares of the industrial products company’s stock valued at $2,379,000 after acquiring an additional 45 shares in the last quarter. MASTERINVEST Kapitalanlage GmbH acquired a new stake in Deere & Company in the second quarter valued at approximately $3,615,000. Finally, WINTON GROUP Ltd purchased a new position in Deere & Company in the second quarter worth approximately $4,550,000. Institutional investors and hedge funds own 68.58% of the company’s stock.

Deere & Company News Summary

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

• Positive Sentiment: Deere is being repositioned as an AI and automation leader in agriculture — coverage highlights autonomous tractors, precision ag software and margin expansion tied to services, which supports upside to multiples. John Deere (DE) Taps the AI Boom to Drive the Future of Farming
• Positive Sentiment: New 2026 Startup Collaborator cohort targets advanced sensing, analytics and automation — a tangible pipeline for product innovation and recurring‑revenue services that bolster medium‑term growth. John Deere Announces its 2026 Startup Collaborators
• Positive Sentiment: Analysts and previews expect Deere to beat Q1 estimates, making the Feb. 19 earnings report a near‑term catalyst; consensus focus will be on equipment demand, services revenue and margin trends. Deere (DE) Q1 Earnings on the Horizon: Analysts’ Insights on Key Performance Measures
• Neutral Sentiment: Technical and macro rotation into industrials has helped push DE to fresh highs; that momentum matters, but valuation (~32x forward EPS) means further upside depends on execution and cyclical pickup. This “Backdoor” AI Stock Is Betting Big on … Self-Driving Tractors?!
• Negative Sentiment: Near‑term risks remain: agriculture’s cyclical slump and earlier warnings about up to ~$1.2B in 2026 tariff headwinds could pressure equipment demand and margins if crop economics don’t improve. Management’s wide guidance ranges reflect that uncertainty. Exclusive: In the Eye of the Cycle, John Deere Charts a Path Through Ag’s Slump

Insiders Place Their Bets

In other news, insider Cory J. Reed sold 12,000 shares of the stock in a transaction dated Wednesday, January 14th. The shares were sold at an average price of $510.00, for a total transaction of $6,120,000.00. Following the completion of the sale, the insider owned 20,792 shares in the company, valued at approximately $10,603,920. This represents a 36.59% decrease in their ownership of the stock. The sale was disclosed in a filing with the Securities & Exchange Commission, which is accessible through this link. Also, CEO John C. May II sold 41,472 shares of the firm’s stock in a transaction dated Thursday, January 8th. The stock was sold at an average price of $501.49, for a total value of $20,797,793.28. Following the transaction, the chief executive officer directly owned 117,970 shares in the company, valued at approximately $59,160,775.30. This represents a 26.01% decrease in their position. The SEC filing for this sale provides additional information. In the last quarter, insiders have sold 64,578 shares of company stock valued at $32,471,682. 0.29% of the stock is owned by company insiders.

Wall Street Analysts Forecast Growth

A number of brokerages have commented on DE. Oppenheimer increased their price objective on shares of Deere & Company from $512.00 to $531.00 and gave the company an “outperform” rating in a research report on Friday, November 28th. Zacks Research raised Deere & Company from a “strong sell” rating to a “hold” rating in a report on Wednesday, December 3rd. Evercore reaffirmed a “positive” rating on shares of Deere & Company in a report on Friday, November 28th. Truist Financial increased their price objective on Deere & Company from $609.00 to $612.00 and gave the company a “buy” rating in a report on Friday, November 28th. Finally, Wall Street Zen raised Deere & Company from a “sell” rating to a “hold” rating in a research report on Saturday, February 7th. Fifteen analysts have rated the stock with a Buy rating and nine have issued a Hold rating to the stock. Based on data from MarketBeat, Deere & Company has a consensus rating of “Moderate Buy” and an average target price of $524.20.

Deere & Company Stock Up 0.7%

Shares of NYSE DE opened at $602.54 on Monday. The stock has a market cap of $163.33 billion, a PE ratio of 32.55, a price-to-earnings-growth ratio of 2.40 and a beta of 1.02. The company has a quick ratio of 2.01, a current ratio of 2.22 and a debt-to-equity ratio of 1.68. Deere & Company has a 52-week low of $404.42 and a 52-week high of $626.25. The business has a 50-day moving average price of $507.56 and a 200 day moving average price of $487.12.

Deere & Company (NYSE:DE) last released 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 firm had revenue of $12.39 billion for the quarter, compared to analyst estimates of $9.77 billion. Deere & Company had a return on equity of 20.54% and a net margin of 11.00%.The company’s quarterly revenue was up 14.1% on a year-over-year basis. During the same period last year, the firm earned $4.55 EPS. Equities research analysts forecast that Deere & Company will post 19.32 earnings per share for the current year.

Deere & Company Announces Dividend

The firm also recently declared a quarterly dividend, which was paid on Monday, February 9th. Investors of record on Wednesday, December 31st were given a $1.62 dividend. The ex-dividend date was Wednesday, December 31st. This represents a $6.48 annualized dividend and a yield of 1.1%. Deere & Company’s dividend payout ratio is 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.