Legato Capital Management LLC Has $3.46 Million Stock Position in Deere & Company $DE

Legato Capital Management LLC lowered its position in shares of Deere & Company (NYSE:DE) by 14.9% in the fourth quarter, HoldingsChannel reports. The fund owned 7,424 shares of the industrial products company’s stock after selling 1,300 shares during the period. Legato Capital Management LLC’s holdings in Deere & Company were worth $3,456,000 as of its most recent SEC filing.

A number of other large investors have also recently bought and sold shares of DE. Strategic Advocates LLC acquired a new position in Deere & Company during the 3rd quarter worth approximately $25,000. Key Capital Management INC acquired a new position in Deere & Company during the 4th quarter worth approximately $27,000. Activest Wealth Management boosted its position in Deere & Company by 69.2% during the 3rd quarter. Activest Wealth Management now owns 66 shares of the industrial products company’s stock worth $30,000 after acquiring an additional 27 shares during the last quarter. McIlrath & Eck LLC acquired a new position in Deere & Company during the 4th quarter worth approximately $30,000. Finally, Wealth Watch Advisors INC acquired a new position in Deere & Company during the 3rd quarter worth approximately $32,000. Institutional investors and hedge funds own 68.58% of the company’s stock.

Deere & Company News Roundup

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

• Positive Sentiment: Deere beat Q2 estimates on both earnings and revenue, with EPS of $6.55 and sales of $13.37 billion, helped by strength in Construction & Forestry and Small Ag & Turf. Deere Beats Q2 Estimates, But Ag Weakness Weighs on Outlook
• Positive Sentiment: Management raised its Construction & Forestry outlook, citing strong demand tied to data center and AI infrastructure spending, which supports a non-farm growth engine for Deere. Deere forecasts FY2026 net income of $4.5B-$5B while lifting construction & forestry sales outlook to up ~20%
• Neutral Sentiment: Several analysts adjusted price targets after earnings, but most kept neutral or buy ratings, suggesting Wall Street sees limited near-term upside until the ag cycle improves. JPMorgan adjusts price target on Deere Co. to $560 from $550, maintains neutral rating
• Neutral Sentiment: Deere maintained its full-year net income forecast of $4.5 billion to $5.0 billion, which reassured investors on guidance but did not signal a stronger rebound in the core farm market. Deere beats second-quarter profit estimate but maintains full-year forecast
• Negative Sentiment: Weak Production & Precision Agriculture sales, down sharply year over year, remain the main concern and are weighing on investor sentiment about Deere’s earnings quality and valuation. Deere Beats Q2 Estimates, But Ag Weakness Weighs on Outlook
• Negative Sentiment: A new class-action lawsuit over right-to-repair practices adds another legal overhang, potentially raising questions about Deere’s aftermarket model and customer relations. Deere Lawsuit Puts Right To Repair Model And Aftermarket Profits Under Review

Deere & Company Trading Down 0.3%

Shares of Deere & Company stock opened at $529.88 on Friday. Deere & Company has a 12-month low of $433.00 and a 12-month high of $674.19. The stock has a market cap of $143.13 billion, a P/E ratio of 30.02, a P/E/G ratio of 1.85 and a beta of 0.96. The company has a quick ratio of 1.96, a current ratio of 2.18 and a debt-to-equity ratio of 1.54. The business’s 50 day moving average is $576.52 and its 200-day moving average is $539.80.

Deere & Company (NYSE:DE) last announced its quarterly earnings data on Thursday, May 21st. The industrial products company reported $6.55 earnings per share (EPS) for the quarter, topping analysts’ consensus estimates of $5.70 by $0.85. Deere & Company had a return on equity of 18.25% and a net margin of 10.09%.The company had revenue of $11.78 billion for the quarter, compared to analysts’ expectations of $11.55 billion. During the same quarter in the prior year, the business posted $6.64 EPS. The business’s revenue was up 5.4% compared to the same quarter last year. Equities research analysts predict that Deere & Company will post 18.01 earnings per share for the current fiscal year.

Deere & Company Announces Dividend

The firm also recently declared a quarterly dividend, which was paid on Friday, May 8th. Investors of record on Tuesday, March 31st were paid a $1.62 dividend. This represents a $6.48 dividend on an annualized basis and a yield of 1.2%. The ex-dividend date was Tuesday, March 31st. Deere & Company’s dividend payout ratio is 36.53%.

Analysts Set New Price Targets

A number of equities research analysts have recently issued reports on the company. Truist Financial upped their price objective on Deere & Company from $612.00 to $793.00 and gave the stock a “buy” rating in a research note on Friday, February 20th. DA Davidson dropped their price objective on Deere & Company from $775.00 to $685.00 and set a “buy” rating on the stock in a research note on Friday. Bank of America dropped their price objective on Deere & Company from $672.00 to $607.50 and set a “neutral” rating on the stock in a research note on Friday. BMO Capital Markets upped their price objective on Deere & Company from $460.00 to $500.00 and gave the stock a “market perform” rating in a research note on Friday, February 20th. Finally, UBS Group upped their price objective on Deere & Company from $535.00 to $775.00 and gave the stock a “buy” rating in a research note on Friday, February 20th. Fifteen analysts have rated the stock with a Buy rating and nine have issued a Hold rating to the company. According to data from MarketBeat, the stock currently has an average rating of “Moderate Buy” and an average price target of $643.98.

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.