one8zero8 LLC purchased a new stake in shares of Deere & Company (NYSE:DE – Free Report) during the second quarter, according to its most recent Form 13F filing with the Securities and Exchange Commission (SEC). The firm purchased 1,088 shares of the industrial products company’s stock, valued at approximately $690,000.
Other hedge funds and other institutional investors have also modified their holdings of the company. Addison Advisors LLC acquired a new position in Deere & Company during the 2nd quarter valued at about $147,000. Mmbg Investment Advisors CO. bought a new position in shares of Deere & Company in the second quarter valued at approximately $1,116,000. West Family Investments Inc. bought a new position in shares of Deere & Company in the second quarter valued at approximately $481,000. Bantamac Capital LLC acquired a new position in shares of Deere & Company during the second quarter valued at approximately $951,000. Finally, Tacita Capital Inc acquired a new position in shares of Deere & Company during the second quarter valued at approximately $197,000. 68.58% of the stock is currently owned by institutional investors.
Key Headlines Impacting Deere & Company
Here are the key news stories impacting Deere & Company this week:
- Positive Sentiment: Analysts expect Deere to report approximately $4.70–$4.79 in earnings per share and about $10.73–$10.78 billion in revenue. Although revenue would be below the prior-year quarter, the estimates have reportedly moved higher ahead of the release, creating potential for a positive reaction if Deere beats expectations. Deere Set to Report Q3 Earnings
- Positive Sentiment: Investors are watching whether Deere’s precision-agriculture technology and exposure to data-center-related infrastructure can support growth beyond traditional farm machinery. Evidence of resilient technology demand or stronger margins could reinforce the company’s longer-term investment narrative. Deere Q3 Preview
- Neutral Sentiment: The earnings announcement is the immediate catalyst, with investors focused on management’s outlook for agriculture, construction equipment, inventories and full-year profitability. Analysts remain mixed, including JPMorgan’s Neutral rating, suggesting expectations are not uniformly bullish. Deere Dividends Ahead of Q3 Earnings
- Negative Sentiment: Consensus revenue of roughly $10.73 billion would decline from $12.02 billion a year earlier, reflecting pressure in the farming sector. Weak farm spending and elevated production costs could weigh on margins and make it harder for Deere to deliver a strong outlook. Deere Earnings and Precision Agriculture
Analyst Ratings Changes
Check Out Our Latest Stock Analysis on DE
Deere & Company Stock Performance
Shares of NYSE DE opened at $580.06 on Thursday. The company has a quick ratio of 1.95, a current ratio of 2.18 and a debt-to-equity ratio of 1.54. The stock has a market capitalization of $156.58 billion, a price-to-earnings ratio of 32.86, a PEG ratio of 2.49 and a beta of 0.90. The stock’s fifty day simple moving average is $604.36 and its 200 day simple moving average is $589.65. Deere & Company has a 52-week low of $433.00 and a 52-week high of $674.19.
Deere & Company (NYSE:DE – Get Free Report) last announced its earnings results on Thursday, May 21st. The industrial products company reported $6.55 EPS for the quarter, beating the consensus estimate of $5.70 by $0.85. Deere & Company had a return on equity of 18.25% and a net margin of 10.09%.The business had revenue of $13.37 billion during the quarter, compared to the consensus estimate of $11.55 billion. During the same period in the prior year, the business posted $6.64 earnings per share. Deere & Company’s revenue was up 5.4% compared to the same quarter last year. As a group, sell-side analysts forecast that Deere & Company will post 18.21 earnings per share for the current fiscal year.
Deere & Company Announces Dividend
The business also recently disclosed a quarterly dividend, which was paid on Monday, August 10th. Shareholders of record on Tuesday, June 30th were issued a dividend of $1.62 per share. This represents a $6.48 annualized dividend and a yield of 1.1%. The ex-dividend date was Tuesday, June 30th. Deere & Company’s payout ratio is presently 36.71%.
Deere & Company 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.
Read More
- Five stocks we like better than Deere & Company
- Bloom Energy’s AI Surge Meets a Valuation Reality Check
- Target Is Winning Shoppers Back—Can the Rally Reach $180?
- IonQ’s Space Contract Points to a New Frontier for Quantum Investors
- Is Apple’s AI Strategy Smarter Than Skeptics Think?
Want to see what other hedge funds are holding DE? Visit HoldingsChannel.com to get the latest 13F filings and insider trades for Deere & Company (NYSE:DE – Free Report).
Receive News & Ratings for Deere & Company Daily - Enter your email address below to receive a concise daily summary of the latest news and analysts' ratings for Deere & Company and related companies with MarketBeat.com's FREE daily email newsletter.
