8,118 Shares in Deere & Company $DE Bought by Partners Capital Investment Group LLP

Partners Capital Investment Group LLP bought a new position in shares of Deere & Company (NYSE:DE) during the 2nd quarter, according to its most recent Form 13F filing with the Securities & Exchange Commission. The institutional investor bought 8,118 shares of the industrial products company’s stock, valued at approximately $5,149,000.

Other institutional investors also recently bought and sold shares of the company. Cary Street Partners Financial LLC boosted its stake in Deere & Company by 11.8% during the 4th quarter. Cary Street Partners Financial LLC now owns 10,312 shares of the industrial products company’s stock valued at $4,801,000 after purchasing an additional 1,086 shares during the period. Baxter Bros Inc. acquired a new stake in Deere & Company during the second quarter worth $1,707,000. Global Retirement Partners LLC acquired a new position in Deere & Company in the second quarter worth about $3,890,000. Spectrum Financial Alliance Ltd LLC raised its holdings in shares of Deere & Company by 55.8% in the 4th quarter. Spectrum Financial Alliance Ltd LLC now owns 85,351 shares of the industrial products company’s stock worth $39,737,000 after buying an additional 30,553 shares in the last quarter. Finally, Westpac Banking Corp lifted its position in shares of Deere & Company by 78.6% during the 4th quarter. Westpac Banking Corp now owns 6,925 shares of the industrial products company’s stock worth $3,224,000 after buying an additional 3,047 shares during the period. 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 raised their outlook. DA Davidson lifted its price target to $760 from $685 and maintained a “buy” rating, while RBC reaffirmed its “outperform” rating with a $752 target. Analysts cited Deere’s better-than-expected fiscal third quarter, improving equipment orders and prospects for an agriculture-sector recovery. DA Davidson analyst action Deere poised for recovery
• Positive Sentiment: Construction and Forestry is providing meaningful growth support. Higher volumes, pricing gains, demand for construction equipment and increased adoption of Deere’s technology are strengthening the segment and could help offset continued weakness or cyclicality in agriculture. Construction and Forestry growth outlook
• Positive Sentiment: Recent earnings exceeded expectations. Deere reported fiscal third-quarter EPS of $5.10 versus the $4.69 consensus, while revenue of $12.61 billion surpassed the $10.81 billion estimate and increased 6.2% year over year. The beat has reinforced the view that Deere is positioned for a recovery, although agriculture remained comparatively weaker. Deere earnings and farm cycle
• Neutral Sentiment: Valuation and the farm cycle remain investor considerations. Deere’s recent rally reflects stronger earnings and recovery expectations, but investors are weighing whether the stock has moved ahead of the underlying agricultural-equipment cycle.
• Negative Sentiment: UAW members rejected Deere’s proposed two-year contract extension. The vote sets up potentially contentious negotiations ahead of the 2027 contract expiration. UAW President Shawn Fain criticized the proposal as an attempt to bypass the normal bargaining process, raising the risk of higher labor costs, operational disruption or an eventual strike. UAW rejects Deere contract extension

Deere & Company Trading Up 0.2%

DE stock opened at $648.46 on Tuesday. The business has a fifty day moving average price of $608.35 and a 200 day moving average price of $591.88. 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 has a market capitalization of $175.04 billion, a price-to-earnings ratio of 36.03, a P/E/G ratio of 2.74 and a beta of 0.90.

Deere & Company (NYSE:DE) last posted its quarterly earnings data on Thursday, August 20th. The industrial products company reported $5.10 EPS for the quarter, topping analysts’ consensus estimates of $4.69 by $0.41. The company had revenue of $12.61 billion for the quarter, compared to analyst estimates of $10.81 billion. Deere & Company had a return on equity of 18.10% and a net margin of 10.16%.The business’s revenue was up 6.2% on a year-over-year basis. During the same quarter in the previous year, the firm earned $4.75 earnings per share. Analysts expect that Deere & Company will post 18.23 EPS for the current fiscal year.

Deere & Company Dividend Announcement

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

Analyst Upgrades and Downgrades

A number of brokerages have weighed in on DE. Robert W. Baird upped their price target on Deere & Company from $525.00 to $640.00 and gave the company a “neutral” rating in a research report on Friday. Barclays lifted their price objective on Deere & Company from $640.00 to $675.00 and gave the company an “overweight” rating in a report on Monday. Seaport Research Partners set a $570.00 target price on shares of Deere & Company in a report on Friday, August 14th. Oppenheimer increased their target price on shares of Deere & Company from $680.00 to $685.00 and gave the stock an “outperform” rating in a research report on Thursday. Finally, UBS Group cut their price target on shares of Deere & Company from $732.00 to $728.00 and set a “buy” rating for the company in a report on Friday. Fourteen investment analysts have rated the stock with a Buy rating and nine have given a Hold rating to the company’s stock. According to data from MarketBeat, the stock currently has a consensus rating of “Moderate Buy” and a consensus price target of $653.48.

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.