one8zero8 LLC Makes New Investment in Deere & Company $DE

one8zero8 LLC acquired a new position in shares of Deere & Company (NYSE:DE) during the 2nd quarter, according to its most recent filing with the SEC. The institutional investor acquired 1,088 shares of the industrial products company’s stock, valued at approximately $690,000.

Several other hedge funds have also modified their holdings of the stock. Mowery & Schoenfeld Wealth Management LLC purchased a new position in Deere & Company during the second quarter worth approximately $27,000. Timmons Wealth Management LLC acquired a new stake in shares of Deere & Company during the 4th quarter worth $29,000. McIlrath & Eck LLC acquired a new stake in shares of Deere & Company during the 4th quarter worth $30,000. Portus Wealth Advisors LLC purchased a new position in shares of Deere & Company in the 1st quarter worth $32,000. Finally, Wealth Watch Advisors INC purchased a new position in shares of Deere & Company in the 3rd quarter worth $32,000. 68.58% of the stock is owned by institutional investors and hedge funds.

Deere & Company Stock Down 1.5%

DE stock opened at $580.06 on Thursday. Deere & Company has a twelve month low of $433.00 and a twelve month high of $674.19. 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 company has a market capitalization of $156.58 billion, a P/E ratio of 32.86, a PEG ratio of 2.49 and a beta of 0.90. The firm has a 50 day simple moving average of $604.36 and a 200-day simple moving average of $589.65.

Deere & Company (NYSE:DE) last announced its quarterly earnings data on Thursday, May 21st. The industrial products company reported $6.55 earnings per share for the quarter, beating the consensus estimate of $5.70 by $0.85. The firm had revenue of $13.37 billion during the quarter, compared to analyst estimates of $11.55 billion. Deere & Company had a return on equity of 18.25% and a net margin of 10.09%.Deere & Company’s quarterly revenue was up 5.4% on a year-over-year basis. During the same period in the previous year, the company earned $6.64 earnings per share. On average, equities research analysts predict that Deere & Company will post 18.21 earnings per share for the current fiscal year.

Deere & Company Dividend Announcement

The firm also recently announced a quarterly dividend, which was paid on Monday, August 10th. Shareholders of record on Tuesday, June 30th were issued a $1.62 dividend. The ex-dividend date of this dividend was Tuesday, June 30th. This represents a $6.48 dividend on an annualized basis and a yield of 1.1%. Deere & Company’s dividend payout ratio (DPR) is currently 36.71%.

Analyst Upgrades and Downgrades

Several research firms have recently weighed in on DE. Weiss Ratings reaffirmed a “hold (c+)” rating on shares of Deere & Company in a research note on Tuesday. Raymond James Financial dropped their target price on shares of Deere & Company from $765.00 to $700.00 and set an “outperform” rating for the company in a research report on Friday, May 22nd. Citigroup raised their price target on shares of Deere & Company from $575.00 to $610.00 and gave the company a “neutral” rating in a report on Tuesday, July 14th. JPMorgan Chase & Co. reduced their price target on shares of Deere & Company from $590.00 to $570.00 and set a “neutral” rating on the stock in a research report on Friday, August 14th. Finally, Wall Street Zen upgraded shares of Deere & Company from a “sell” rating to a “hold” rating in a research note on Sunday, July 5th. Fourteen equities research analysts have rated the stock with a Buy rating and nine have issued a Hold rating to the stock. According to MarketBeat.com, the stock currently has a consensus rating of “Moderate Buy” and an average price target of $641.98.

Trending Headlines about 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

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.