8,902 Shares in Deere & Company $DE Acquired by Meiji Yasuda Asset Management Co Ltd.

Meiji Yasuda Asset Management Co Ltd. purchased a new position in Deere & Company (NYSE:DE) during the 2nd quarter, according to the company in its most recent 13F filing with the Securities & Exchange Commission. The fund purchased 8,902 shares of the industrial products company’s stock, valued at approximately $5,647,000.

Several other institutional investors also recently modified their holdings of the stock. Mowery & Schoenfeld Wealth Management LLC acquired a new stake in shares of Deere & Company during the second quarter worth $27,000. Kilter Group LLC purchased a new stake in shares of Deere & Company during the second quarter valued at $29,000. Portus Wealth Advisors LLC acquired a new position in shares of Deere & Company in the 1st quarter valued at $32,000. Timmons Wealth Management LLC acquired a new position in shares of Deere & Company in the 4th quarter valued at $29,000. Finally, Harborfront Financial Group LLC purchased a new position in Deere & Company in the 2nd quarter worth about $39,000. Institutional investors own 68.58% of the company’s stock.

Deere & Company Trading Up 0.2%

NYSE:DE opened at $648.61 on Monday. The company has a debt-to-equity ratio of 1.45, a current ratio of 2.10 and a quick ratio of 1.89. Deere & Company has a fifty-two week low of $433.00 and a fifty-two week high of $674.19. The stock’s 50-day moving average is $606.90 and its two-hundred day moving average is $591.15. The stock has a market cap of $175.09 billion, a PE ratio of 36.03, a price-to-earnings-growth ratio of 2.74 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, topping analysts’ consensus estimates of $4.69 by $0.41. The business had revenue of $12.61 billion during the quarter, compared to analyst estimates of $10.81 billion. Deere & Company had a net margin of 10.16% and a return on equity of 18.10%. The firm’s revenue was up 6.2% compared to the same quarter last year. During the same period in the prior year, the firm earned $4.75 earnings per share. As a group, equities research analysts forecast that Deere & Company will post 18.23 earnings per share for the current fiscal year.

Deere & Company Dividend Announcement

The business also recently announced a quarterly dividend, which was paid on Monday, August 10th. Shareholders of record on Tuesday, June 30th were given a $1.62 dividend. The ex-dividend date was Tuesday, June 30th. This represents a $6.48 dividend on an annualized basis and a yield of 1.0%. Deere & Company’s dividend payout ratio is presently 36.00%.

Analysts Set New Price Targets

Several research firms have issued reports on DE. Royal Bank Of Canada restated an “outperform” rating and set a $752.00 price objective on shares of Deere & Company in a report on Monday, June 1st. Robert W. Baird lifted their target price on shares of Deere & Company from $525.00 to $640.00 and gave the stock a “neutral” rating in a research report on Friday. Seaport Research Partners set a $570.00 price target on shares of Deere & Company in a report on Friday, August 14th. DA Davidson set a $585.00 price target on shares of Deere & Company in a research report on Friday. Finally, Citigroup raised their price objective on shares of Deere & Company from $610.00 to $650.00 and gave the stock a “neutral” rating in a research note on Friday. Fourteen investment analysts have rated the stock with a Buy rating and nine have issued a Hold rating to the stock. Based on data from MarketBeat.com, the stock has an average rating of “Moderate Buy” and an average target price of $643.38.

More Deere & Company News

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

• Positive Sentiment: Q3 earnings and revenue beat expectations. Deere reported earnings of $5.10 per share, up from $4.75 a year earlier, on revenue of $12.61 billion, which rose about 6% year over year and exceeded analyst estimates. Deere Reports Third Quarter Net Income
• Positive Sentiment: Management raised its fiscal 2026 outlook. Deere increased its net-income forecast to $4.75 billion-$5.00 billion and expects $5.0 billion-$5.5 billion in equipment-operations cash flow, improving confidence in profitability and cash generation. Deere Raises FY2026 Outlook
• Positive Sentiment: Construction and forestry provided the key growth engine. Demand for bulldozers, excavators and other earth-moving equipment is largely booked through the rest of the year, supported by data-center and energy-infrastructure construction tied to artificial-intelligence investment. Deere Lifts Sales Guidance
• Positive Sentiment: The agricultural cycle may be nearing a bottom. Executives characterized fiscal 2026 as the likely trough for the agricultural equipment cycle and pointed to improving early order trends and potentially stronger demand in 2027. Deere also recognized $110 million in tariff refunds during the quarter. DE Q3 Earnings Call Highlights
• Neutral Sentiment: Analyst reactions were mixed but generally reflected higher estimates. Robert W. Baird raised its target to $640 and JPMorgan increased its target to $585, while both retained neutral ratings. Other analysts lifted targets as high as $685, indicating expectations have improved but also that valuation and limited near-term upside remain concerns. Deere Analysts Increase Forecasts
• Negative Sentiment: Agriculture remains a constraint. Production and precision agriculture demand is still weak, and Bank of America cautioned that any recovery may be gradual rather than a sharp cyclical rebound. The stock’s elevated valuation could make it vulnerable if farm-market improvement is delayed.

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.