Hara Capital LLC acquired a new stake in Deere & Company (NYSE:DE – Free Report) during the second quarter, according to the company in its most recent 13F filing with the Securities & Exchange Commission. The fund acquired 1,899 shares of the industrial products company’s stock, valued at approximately $1,205,000.
Other institutional investors also recently modified their holdings of the company. Mowery & Schoenfeld Wealth Management LLC purchased a new position in Deere & Company during the 2nd quarter valued at about $27,000. Portus Wealth Advisors LLC bought a new stake in shares of Deere & Company in the 1st quarter worth approximately $32,000. Harborfront Financial Group LLC bought a new stake in shares of Deere & Company in the 2nd quarter worth approximately $39,000. Timmons Wealth Management LLC purchased a new position in shares of Deere & Company during the fourth quarter valued at approximately $29,000. Finally, McIlrath & Eck LLC purchased a new position in shares of Deere & Company during the fourth quarter valued at approximately $30,000. 68.58% of the stock is currently owned by hedge funds and other institutional investors.
More Deere & Company News
Here are the key news stories impacting Deere & Company this week:
- Positive Sentiment: Deere reported fiscal Q3 net income of $1.379 billion, or $5.10 per share, up from $4.75 per share a year earlier. Revenue rose approximately 6% to $12.61 billion, exceeding analyst expectations for both earnings and sales. Deere Reports Third Quarter Net Income of $1.379 Billion
- Positive Sentiment: Management raised fiscal 2026 net-income guidance to $4.75 billion-$5.00 billion, from a prior range of $4.50 billion-$5.00 billion, and expects $5 billion-$5.5 billion in equipment-operations cash flow. Deere Raises FY2026 Net Income Outlook
- Positive Sentiment: The Construction & Forestry and Small Agriculture & Turf divisions provided the main upside, with demand tied to energy infrastructure and data-center construction supporting Deere’s nonfarm businesses. The company also indicated that fiscal 2026 could mark the bottom of the current agricultural equipment cycle. Deere Stock Soars After Construction Unit Drives Earnings Beat
- Neutral Sentiment: Management cited improving early order trends, used-equipment inventories and resilient parts demand, which may support a gradual recovery; however, the broader farm-equipment rebound is expected to be more pronounced in 2027. Deere Narrows Profit Outlook as Farm Recovery Seen in 2027
- Negative Sentiment: Production agriculture remains pressured by weak farm conditions, while tariffs and regional sales weakness could weigh on margins and demand. The stock’s strong earnings reaction also leaves valuation and expectations elevated, increasing sensitivity to any signs that the agricultural recovery is delayed.
Analyst Ratings Changes
Check Out Our Latest Report on Deere & Company
Deere & Company Stock Performance
Shares of Deere & Company stock opened at $624.38 on Friday. Deere & Company has a 12 month low of $433.00 and a 12 month high of $674.19. The firm has a market capitalization of $168.55 billion, a P/E ratio of 35.38, a P/E/G ratio of 2.46 and a beta of 0.90. The company has a current ratio of 2.18, a quick ratio of 1.95 and a debt-to-equity ratio of 1.54. The business has a fifty day simple moving average of $605.47 and a two-hundred day simple moving average of $590.34.
Deere & Company (NYSE:DE – Get Free Report) last released its earnings results on Thursday, August 20th. The industrial products company reported $5.10 earnings per share for the quarter, topping analysts’ consensus estimates of $4.69 by $0.41. The firm had revenue of $12.61 billion for the quarter, compared to the consensus estimate of $10.81 billion. Deere & Company had a net margin of 10.09% and a return on equity of 18.25%. The company’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 EPS. On average, equities analysts forecast that Deere & Company will post 18.21 earnings per share for the current fiscal year.
Deere & Company Dividend Announcement
The firm also recently disclosed a quarterly dividend, which was paid on Monday, August 10th. Investors of record on Tuesday, June 30th were paid a dividend of $1.62 per share. The ex-dividend date of this dividend was Tuesday, June 30th. This represents a $6.48 annualized dividend and a yield of 1.0%. 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.
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