Deere & Company $DE Stock Bought by ZWJ Investment Counsel Inc.

ZWJ Investment Counsel Inc. raised its position in Deere & Company (NYSE:DE) by 293.2% in the 3rd quarter, Holdings Channel.com reports. The fund owned 4,789 shares of the industrial products company’s stock after acquiring an additional 3,571 shares during the quarter. ZWJ Investment Counsel Inc.’s holdings in Deere & Company were worth $3,216,000 as of its most recent SEC filing.

Several other institutional investors also recently bought and sold shares of the company. Mather Group LLC. raised its stake in Deere & Company by 296.6% in the third quarter. Mather Group LLC. now owns 7,603 shares of the industrial products company’s stock valued at $5,106,000 after buying an additional 5,686 shares during the last quarter. Fortitude Family Office LLC boosted its holdings in Deere & Company by 56.2% in the third quarter. Fortitude Family Office LLC now owns 342 shares of the industrial products company’s stock worth $230,000 after acquiring an additional 123 shares in the last quarter. Adirondack Trust Co. boosted its holdings in Deere & Company by 3.4% in the third quarter. Adirondack Trust Co. now owns 1,404 shares of the industrial products company’s stock worth $943,000 after acquiring an additional 46 shares in the last quarter. ABLE Financial Group LLC grew its stake in shares of Deere & Company by 4.7% during the third quarter. ABLE Financial Group LLC now owns 403 shares of the industrial products company’s stock worth $271,000 after acquiring an additional 18 shares during the last quarter. Finally, First Citizens Bank & Trust Co. grew its stake in shares of Deere & Company by 84.8% during the third quarter. First Citizens Bank & Trust Co. now owns 6,058 shares of the industrial products company’s stock worth $4,068,000 after acquiring an additional 2,780 shares during the last quarter. 68.58% of the stock is currently owned by institutional investors and hedge funds.

Deere & Company Stock Up 0.2%

Deere & Company stock opened at $651.34 on Thursday. The company has a debt-to-equity ratio of 1.45, a quick ratio of 1.89 and a current ratio of 2.10. The business’s 50-day simple moving average is $656.93 and its two-hundred day simple moving average is $611.03. The company has a market cap of $175.61 billion, a PE ratio of 36.19, a PEG ratio of 2.38 and a beta of 0.86. Deere & Company has a fifty-two week low of $445.55 and a fifty-two week high of $721.22.

Deere & Company (NYSE:DE) last announced its quarterly earnings data on Thursday, August 20th. The industrial products company reported $5.10 earnings per share for the quarter, beating analysts’ consensus estimates of $4.69 by $0.41. Deere & Company had a return on equity of 18.10% and a net margin of 10.16%. The business had revenue of $12.61 billion for the quarter, compared to analyst estimates of $10.81 billion. During the same period in the prior year, the company earned $4.75 earnings per share. The company’s revenue was up 6.2% on a year-over-year basis. Equities analysts anticipate that Deere & Company will post 18.11 EPS for the current year.

Deere & Company Dividend Announcement

The company also recently announced a quarterly dividend, which will be paid on Monday, November 9th. Investors of record on Wednesday, September 30th will be issued a dividend of $1.62 per share. The ex-dividend date of this dividend is Wednesday, September 30th. This represents a $6.48 dividend on an annualized basis and a dividend yield of 1.0%. Deere & Company’s payout ratio is 36.00%.

Wall Street Analyst Weigh In

DE has been the topic of several recent analyst reports. Evercore upgraded shares of Deere & Company from an “in-line” rating to an “outperform” rating and set a $813.00 price objective on the stock in a report on Wednesday, September 2nd. CICC Research began coverage on shares of Deere & Company in a research note on Sunday, September 13th. They issued an “outperform” rating for the company. Nomura upgraded shares of Deere & Company to a “buy” rating in a research note on Monday, August 31st. Royal Bank Of Canada reissued an “outperform” rating and set a $752.00 target price on shares of Deere & Company in a research report on Monday, August 24th. Finally, Raymond James Financial boosted their target price on shares of Deere & Company from $700.00 to $730.00 and gave the stock an “outperform” rating in a research report on Monday, August 31st. Seventeen research analysts have rated the stock with a Buy rating and eight have issued a Hold rating to the company. Based on data from MarketBeat.com, Deere & Company has a consensus rating of “Moderate Buy” and an average price target of $688.10.

Key Stories Impacting Deere & Company

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

• Positive Sentiment: Deere is partnering with Yamaha on future side-by-side vehicles, a move that could expand its recreational-product lineup and create opportunities for longer-term growth. The financial impact and timing were not disclosed. Yamaha and John Deere Team Up on Future Side-by-Sides
• Positive Sentiment: Deere has held up better than Caterpillar in recent trading. Investors appear to be questioning the premium attached to Caterpillar’s data-center power exposure, which may be shifting attention toward Deere and other industrial companies. Caterpillar Sinks 5% as Deere Edges Higher
• Neutral Sentiment: Heavy investor searches for DE indicate elevated market attention, but the coverage does not identify a new earnings estimate, guidance change or fundamental catalyst. Investors Heavily Search Deere
• Neutral Sentiment: An analyst comparison of Deere and Caterpillar highlights diverging Wall Street narratives, though the available report does not provide a specific recommendation or price target. Which Industrials Stock Do Analysts Like Better: Deere or Caterpillar?
• Neutral Sentiment: The John Deere Foundation announced an $18.5 million farm-to-plate initiative supporting farmers and hunger-relief efforts. The program may strengthen Deere’s social-impact profile but is unlikely to materially change near-term earnings. John Deere Foundation Farm-to-Plate Strategy
• Negative Sentiment: Surging Treasury yields have pressured highly valued industrial stocks, with Deere previously falling alongside Caterpillar as the 30-year yield reached 5.7%. Higher borrowing costs can weigh on equipment demand and reduce the value investors assign to future earnings. Caterpillar and Deere Slide as Treasury Yields Surge
• Negative Sentiment: An FTC-USDA inquiry into agricultural-equipment competition includes Deere and keeps regulatory risk in focus, with public comments open through December 7, 2026. Potential scrutiny of repair access, competition or business practices could weigh on sentiment. Ag Equipment’s Recovery Trade Meets Washington’s Scrutiny

Deere & Company Profile

Deere & Company, commonly known as John Deere, is a global manufacturer of agricultural, construction, forestry and turf-care equipment. The company’s products include tractors, combines, planters, sprayers, harvesting equipment, earthmoving machinery, forestry equipment, commercial and residential lawn-care products, and related technology solutions.

Deere operates through businesses serving production and precision agriculture, small agriculture and turf, and construction and forestry markets.