ICICI Prudential Asset Management Co Ltd Acquires Shares of 4,500 Deere & Company $DE

ICICI Prudential Asset Management Co Ltd bought a new position in Deere & Company (NYSE:DE) in the 3rd quarter, according to its most recent filing with the Securities and Exchange Commission (SEC). The firm bought 4,500 shares of the industrial products company’s stock, valued at approximately $2,058,000.

Other institutional investors have also made changes to their positions in the company. Howard Hughes Medical Institute purchased a new stake in shares of Deere & Company in the 2nd quarter valued at approximately $27,000. Activest Wealth Management raised its stake in Deere & Company by 69.2% during the 3rd quarter. Activest Wealth Management now owns 66 shares of the industrial products company’s stock valued at $30,000 after purchasing an additional 27 shares during the period. Center for Financial Planning Inc. raised its stake in Deere & Company by 406.7% during the 2nd quarter. Center for Financial Planning Inc. now owns 76 shares of the industrial products company’s stock valued at $39,000 after purchasing an additional 61 shares during the period. Soundwatch Capital LLC purchased a new stake in shares of Deere & Company in the second quarter valued at $41,000. Finally, United Community Bank boosted its position in shares of Deere & Company by 67.3% in the third quarter. United Community Bank now owns 92 shares of the industrial products company’s stock worth $42,000 after buying an additional 37 shares during the period. 68.58% of the stock is owned by hedge funds and other institutional investors.

Key Stories Impacting Deere & Company

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

• Positive Sentiment: Q1 beat — Deere reported EPS of $2.42 and revenue of $9.61B, topping expectations and showing 17.5% y/y equipment sales growth, which sparked the initial rally. Deere soars to all-time high after beat-and-raise Q1 report
• Positive Sentiment: Raised FY guidance — Management lifted FY2026 net income guidance to $4.5B–$5.0B (from prior range), signaling confidence in recovering construction and small‑ag end markets. Deere lifts full-year profit forecast
• Positive Sentiment: Construction rebound — Management said construction earnings more than doubled and order trends are improving, helping offset weakness in large‑agricultural markets. This diversification reduced near‑term cyclical risk. Deere’s stock jumps toward another record
• Positive Sentiment: Strategic moves — Deere is investing in AI-enabled farming and shifting more manufacturing to the U.S., and completed the acquisition of Tenna to expand mixed‑fleet tech — actions investors view as long‑term growth drivers. Deere Doubles Down On AI Farming John Deere Acquires Tenna
• Neutral Sentiment: Market reaction/flows — ETF and institutional flows amplified the move after the beat‑and‑raise; some coverage notes record highs and heavy analyst attention but price targets remain varied. ETF investors cheer as Deere surges
• Negative Sentiment: Profitability headwinds — Q1 net income fell y/y to $656M as tariffs, an unfavorable sales mix and cost pressures weighed on margins; some commentators flagged that profits remain below prior-year levels. Deere Profit Sinks as Tariffs Weigh on Margins
• Negative Sentiment: Mixed near‑term outlook for large‑ag — Management called 2026 the bottom of the farm cycle but large‑ag demand and tariff exposure remain risks that could limit margin recovery if conditions don’t improve. John Deere CEO Calls 2026 The Bottom Of The Farm Slump

Deere & Company Stock Up 9.7%

DE opened at $650.94 on Friday. Deere & Company has a fifty-two week low of $404.42 and a fifty-two week high of $674.19. The business has a 50-day moving average of $519.01 and a 200-day moving average of $490.22. The company has a debt-to-equity ratio of 1.68, a current ratio of 2.22 and a quick ratio of 2.01. The company has a market capitalization of $176.45 billion, a PE ratio of 35.17, a price-to-earnings-growth ratio of 2.37 and a beta of 1.02.

Deere & Company (NYSE:DE) last announced its quarterly earnings results on Thursday, February 19th. The industrial products company reported $2.42 EPS for the quarter, beating the consensus estimate of $1.90 by $0.52. Deere & Company had a return on equity of 20.54% and a net margin of 11.00%.The business had revenue of $9.61 billion during the quarter, compared to analysts’ expectations of $7.50 billion. During the same quarter in the previous year, the business posted $3.19 EPS. The firm’s quarterly revenue was up 17.5% compared to the same quarter last year. Equities research analysts forecast that Deere & Company will post 19.32 EPS for the current fiscal year.

Deere & Company Announces Dividend

The firm also recently declared a quarterly dividend, which was paid on Monday, February 9th. Stockholders of record on Wednesday, December 31st were paid a dividend of $1.62 per share. The ex-dividend date was Wednesday, December 31st. This represents a $6.48 annualized dividend and a dividend yield of 1.0%. Deere & Company’s dividend payout ratio is 35.01%.

Insider Buying and Selling at Deere & Company

In related news, insider Cory J. Reed sold 12,000 shares of the company’s stock in a transaction on Wednesday, January 14th. The shares were sold at an average price of $510.00, for a total value of $6,120,000.00. Following the completion of the sale, the insider directly 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 document filed with the SEC, 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 shares were sold at an average price of $501.49, for a total value of $20,797,793.28. Following the transaction, the chief executive officer owned 117,970 shares in the company, valued at approximately $59,160,775.30. This trade represents a 26.01% decrease in their ownership of the stock. Additional details regarding this sale are available in the official SEC disclosure. In the last 90 days, insiders have sold 64,578 shares of company stock worth $32,471,682. 0.29% of the stock is currently owned by company insiders.

Wall Street Analyst Weigh In

DE has been the topic of several recent analyst reports. BMO Capital Markets reissued a “market perform” rating and set a $460.00 price target on shares of Deere & Company in a research report on Tuesday, December 9th. UBS Group reaffirmed a “buy” rating on shares of Deere & Company in a research note on Tuesday, November 25th. Keefe, Bruyette & Woods reiterated an “outperform” rating on shares of Deere & Company in a report on Monday, December 1st. Wall Street Zen raised shares of Deere & Company from a “sell” rating to a “hold” rating in a research report on Saturday, February 7th. Finally, JPMorgan Chase & Co. decreased their price target on shares of Deere & Company from $480.00 to $460.00 and set a “neutral” rating for the company in a report on Friday, December 19th. Fifteen equities research analysts have rated the stock with a Buy rating and nine have issued a Hold rating to the company. Based on data from MarketBeat.com, the stock has a consensus rating of “Moderate Buy” and an average price target of $530.00.

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.