Deere & Company $DE Shares Acquired by Wedmont Private Capital

Wedmont Private Capital boosted its stake in shares of Deere & Company (NYSE:DE) by 25.5% in the 3rd quarter, Holdings Channel.com reports. The firm owned 4,257 shares of the industrial products company’s stock after buying an additional 864 shares during the quarter. Wedmont Private Capital’s holdings in Deere & Company were worth $2,778,000 as of its most recent filing with the Securities and Exchange Commission (SEC).

A number of other hedge funds have also recently bought and sold shares of the stock. Gouws Capital LLC raised its holdings in Deere & Company by 0.8% in the 3rd quarter. Gouws Capital LLC now owns 14,895 shares of the industrial products company’s stock valued at $10,003,000 after acquiring an additional 113 shares in the last quarter. WoodTrust Financial Corp grew its holdings in shares of Deere & Company by 37.5% during the 3rd quarter. WoodTrust Financial Corp now owns 20,608 shares of the industrial products company’s stock worth $13,839,000 after purchasing an additional 5,622 shares in the last quarter. Prosperity Planning Inc. acquired a new stake in shares of Deere & Company during the 3rd quarter worth approximately $383,000. Mn Services Vermogensbeheer B.V. grew its holdings in shares of Deere & Company by 2.0% during the 3rd quarter. Mn Services Vermogensbeheer B.V. now owns 72,240 shares of the industrial products company’s stock worth $48,513,000 after purchasing an additional 1,400 shares in the last quarter. Finally, Diversified Management Inc. increased its position in shares of Deere & Company by 8.5% during the third quarter. Diversified Management Inc. now owns 852 shares of the industrial products company’s stock valued at $572,000 after purchasing an additional 67 shares during the period. 68.58% of the stock is owned by institutional investors.

Wall Street Analyst Weigh In

A number of research analysts recently commented on the company. Oppenheimer upped their target price on Deere & Company from $680.00 to $685.00 and gave the company an “outperform” rating in a research note on Thursday, August 20th. Royal Bank Of Canada reissued an “outperform” rating and issued a $752.00 price target on shares of Deere & Company in a report on Monday, August 24th. Evercore upgraded shares of Deere & Company from an “in-line” rating to an “outperform” rating and set a $813.00 price objective for the company in a research note on Wednesday, September 2nd. Robert W. Baird raised shares of Deere & Company from a “neutral” rating to an “outperform” rating and raised their price objective for the stock from $640.00 to $800.00 in a report on Monday, August 31st. Finally, Raymond James Financial lifted their target price on shares of Deere & Company from $700.00 to $730.00 and gave the company an “outperform” rating in a research report on Monday, August 31st. Seventeen analysts have rated the stock with a Buy rating and eight have assigned a Hold rating to the company. Based on data from MarketBeat, the company presently has an average rating of “Moderate Buy” and an average target price of $688.10.

Deere & Company Price Performance

Deere & Company stock opened at $621.66 on Friday. The company has a debt-to-equity ratio of 1.45, a current ratio of 2.10 and a quick ratio of 1.89. The company has a market capitalization of $167.62 billion, a PE ratio of 34.54, a price-to-earnings-growth ratio of 2.39 and a beta of 0.86. Deere & Company has a one year low of $433.00 and a one year high of $721.22. The business has a 50 day simple moving average of $654.99 and a 200 day simple moving average of $609.41.

Deere & Company (NYSE:DE) last announced 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 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 quarter in the previous year, the firm earned $4.75 EPS. Deere & Company’s quarterly revenue was up 6.2% on a year-over-year basis. On average, sell-side analysts forecast that Deere & Company will post 18.12 EPS for the current fiscal year.

Deere & Company Announces Dividend

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

Trending Headlines about Deere & Company

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

• Positive Sentiment: Deere announced a collaboration with Yamaha Motor to develop next-generation utility and recreational Side-by-Side vehicles. The partnership could broaden Deere’s off-road product lineup and create longer-term growth opportunities beyond traditional farm equipment. Deere Expands Into Side By Sides As Federal Scrutiny Builds
• Positive Sentiment: Evercore ISI upgraded Deere to Outperform and assigned an $813 price target, signaling confidence in the company’s long-term earnings potential. Evercore ISI Upgrades Deere Company
• Neutral Sentiment: JPMorgan raised its price target to $625 but maintained a Neutral rating, implying limited near-term upside and reflecting a cautious view of Deere’s valuation and operating outlook. JPMorgan Raises Deere Price Target
• Negative Sentiment: The Federal Trade Commission and U.S. Department of Agriculture opened a public inquiry into agricultural-equipment manufacturing and distribution practices, including potential anticompetitive conduct and repair-access issues. The investigation places additional regulatory risk on Deere following its right-to-repair settlement. Deere Shares Fall as Federal Inquiry Adds to Demand Concerns
• Negative Sentiment: Farm-equipment stocks weakened broadly as crop prices deteriorated and investors anticipated softer demand for large agricultural machinery. Deere has already indicated that U.S. and Canadian large-equipment demand may be weaker than in 2025, increasing sensitivity to additional headwinds. Farm Equipment Stocks Fall on Regulatory Probe and Falling Crop Prices
• Negative Sentiment: Reported insider activity showed sales without purchases over the past six months. While not necessarily a fundamental signal, the activity may add to investor caution during a period of regulatory and demand uncertainty. Deere Insider Trading Activity

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.