Silvant Capital Management LLC Acquires Shares of 5,972 Deere & Company $DE

Silvant Capital Management LLC bought a new position in Deere & Company (NYSE:DE) in the 2nd quarter, according to its most recent filing with the Securities and Exchange Commission (SEC). The firm bought 5,972 shares of the industrial products company’s stock, valued at approximately $3,788,000.

Other institutional investors have also made changes to their positions in the company. Mowery & Schoenfeld Wealth Management LLC acquired a new stake in shares of Deere & Company during the second quarter valued at approximately $27,000. Kilter Group LLC acquired a new position in Deere & Company in the 2nd quarter worth approximately $29,000. Timmons Wealth Management LLC purchased a new position in Deere & Company during the 4th quarter worth approximately $29,000. McIlrath & Eck LLC purchased a new position in Deere & Company during the 4th quarter worth approximately $30,000. Finally, Portus Wealth Advisors LLC acquired a new stake in Deere & Company during the 1st quarter valued at $32,000. 68.58% of the stock is owned by hedge funds and other institutional investors.

Deere & Company News Summary

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.

Deere & Company Stock Up 7.5%

DE stock opened at $624.38 on Friday. The company has a 50 day moving average of $605.47 and a two-hundred day moving average of $590.34. The company has a market cap of $168.55 billion, a price-to-earnings ratio of 35.38, a PEG ratio of 2.46 and a beta of 0.90. Deere & Company has a 12-month low of $433.00 and a 12-month high of $674.19. The company has a quick ratio of 1.95, a current ratio of 2.18 and a debt-to-equity ratio of 1.54.

Deere & Company (NYSE:DE) last posted its quarterly earnings results on Thursday, August 20th. The industrial products company reported $5.10 EPS for the quarter, beating the consensus estimate of $4.69 by $0.41. Deere & Company had a net margin of 10.09% and a return on equity of 18.25%. The business had revenue of $12.61 billion for the quarter, compared to analysts’ expectations of $10.81 billion. During the same period in the previous year, the company posted $4.75 EPS. Deere & Company’s revenue was up 6.2% on a year-over-year basis. On average, equities analysts anticipate that Deere & Company will post 18.21 earnings per share for the current fiscal year.

Deere & Company Announces Dividend

The company also recently announced a quarterly dividend, which was paid on Monday, August 10th. Shareholders of record on Tuesday, June 30th were paid a $1.62 dividend. The ex-dividend date was Tuesday, June 30th. This represents a $6.48 dividend on an annualized basis and a yield of 1.0%. Deere & Company’s payout ratio is 36.71%.

Analyst Upgrades and Downgrades

A number of analysts have recently issued reports on DE shares. Truist Financial increased their target price on Deere & Company from $759.00 to $812.00 and gave the company a “buy” rating in a report on Thursday, July 2nd. Seaport Research Partners set a $570.00 price target on Deere & Company in a report on Friday, August 14th. Weiss Ratings reissued a “hold (c+)” rating on shares of Deere & Company in a research report on Tuesday. DA Davidson reissued a “buy” rating and issued a $685.00 price objective on shares of Deere & Company in a research note on Friday, July 17th. Finally, Citigroup raised their price objective on Deere & Company from $575.00 to $610.00 and gave the stock a “neutral” rating in a research report on Tuesday, July 14th. Fourteen equities research analysts have rated the stock with a Buy rating and nine have issued a Hold rating to the stock. Based on data from MarketBeat, the company has an average rating of “Moderate Buy” and an average price target of $641.98.

About Deere & Company

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.