Pinnacle Wealth Management LLC Purchases Shares of 3,970 Deere & Company $DE

Pinnacle Wealth Management LLC bought a new position in shares of Deere & Company (NYSE:DE) during the fourth quarter, according to the company in its most recent filing with the Securities and Exchange Commission (SEC). The fund bought 3,970 shares of the industrial products company’s stock, valued at approximately $1,848,000. Deere & Company makes up about 1.2% of Pinnacle Wealth Management LLC’s investment portfolio, making the stock its 27th largest holding.

Several other institutional investors and hedge funds have also recently added to or reduced their stakes in the stock. The Manufacturers Life Insurance Company raised its holdings in shares of Deere & Company by 30.6% in the 2nd quarter. The Manufacturers Life Insurance Company now owns 364,103 shares of the industrial products company’s stock worth $185,143,000 after purchasing an additional 85,351 shares in the last quarter. Csenge Advisory Group lifted its stake in Deere & Company by 84.9% in the third quarter. Csenge Advisory Group now owns 7,440 shares of the industrial products company’s stock valued at $3,402,000 after acquiring an additional 3,416 shares during the last quarter. MASTERINVEST Kapitalanlage GmbH acquired a new position in shares of Deere & Company during the 2nd quarter valued at about $3,615,000. WINTON GROUP Ltd acquired a new position in Deere & Company during the second quarter valued at approximately $4,550,000. Finally, Compagnie Lombard Odier SCmA lifted its position in shares of Deere & Company by 66.1% during the 3rd quarter. Compagnie Lombard Odier SCmA now owns 27,568 shares of the industrial products company’s stock worth $12,606,000 after purchasing an additional 10,974 shares during the last quarter. 68.58% of the stock is owned by hedge funds and other institutional investors.

Deere & Company Stock Performance

DE opened at $562.92 on Wednesday. The company has a market capitalization of $152.05 billion, a PE ratio of 31.73, a price-to-earnings-growth ratio of 1.94 and a beta of 0.96. Deere & Company has a 1 year low of $404.42 and a 1 year high of $674.19. The company has a debt-to-equity ratio of 1.59, a current ratio of 2.21 and a quick ratio of 1.96. The business has a fifty day simple moving average of $581.59 and a 200 day simple moving average of $511.06.

Deere & Company (NYSE:DE) last posted its quarterly earnings data on Thursday, February 19th. The industrial products company reported $2.42 EPS for the quarter, topping analysts’ consensus estimates of $1.90 by $0.52. Deere & Company had a return on equity of 18.93% and a net margin of 10.29%.The firm had revenue of $9.61 billion for the quarter, compared to analyst estimates of $7.50 billion. During the same quarter last year, the company earned $3.19 EPS. The company’s revenue was up 17.5% on a year-over-year basis. Research analysts expect that Deere & Company will post 19.32 EPS for the current year.

Deere & Company Announces Dividend

The business also recently announced a quarterly dividend, which will be paid on Friday, May 8th. Stockholders of record on Tuesday, March 31st will be issued a $1.62 dividend. The ex-dividend date of this dividend is Tuesday, March 31st. This represents a $6.48 dividend on an annualized basis and a dividend yield of 1.2%. Deere & Company’s dividend payout ratio is 36.53%.

Wall Street Analyst Weigh In

Several brokerages have issued reports on DE. Weiss Ratings reissued a “hold (c+)” rating on shares of Deere & Company in a report on Monday, December 29th. Wolfe Research lifted their target price on Deere & Company from $520.00 to $550.00 and gave the company an “outperform” rating in a research note on Friday, January 2nd. Daiwa Securities Group decreased their price objective on Deere & Company from $530.00 to $520.00 and set an “outperform” rating for the company in a research note on Tuesday, December 2nd. DA Davidson boosted their target price on Deere & Company from $580.00 to $775.00 and gave the company a “buy” rating in a research note on Friday, February 20th. Finally, Oppenheimer reissued an “outperform” rating and issued a $715.00 price target on shares of Deere & Company in a research note on Friday, February 20th. Sixteen analysts have rated the stock with a Buy rating, eight have given a Hold rating and one has issued a Sell rating to the stock. According to data from MarketBeat.com, the company presently has an average rating of “Moderate Buy” and an average price target of $644.70.

Key Headlines Impacting Deere & Company

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

• Positive Sentiment: Seeking Alpha argues Deere is set for a cyclical rebound: management sees 2026 as a bottom, aftermarket (SAT) and construction/fleet (CF) businesses are expected to grow ~15%, and margin expansion could follow — a narrative that supports multiple expansion and better earnings ahead. Deere Is Finally Receiving Winds Of Change
• Positive Sentiment: John Deere announced a multi-year Major League Baseball sponsorship, boosting brand visibility and consumer touchpoints across ballfields and green spaces — a PR/marketing win that supports long-term brand strength. JOHN DEERE PARTNERS WITH MAJOR LEAGUE BASEBALL
• Positive Sentiment: Local reporting on Deere’s Austin testing center highlights new precision-ag and autonomy work — continued tech investment can support product differentiation, aftermarket sales and long-term margins. John Deere’s Austin testing center brings new tech to farming
• Positive Sentiment: Coverage suggesting Deere is held in Bill Gates’ 2026 portfolio adds prestige and could attract institutional/retail buying interest; two outlets picked up the theme, amplifying investor attention. Is Deere (DE) a Top Stock Pick of Bill Gates in 2026? Is Deere (DE) a Top Stock Pick of Bill Gates in 2026?
• Neutral Sentiment: Zacks explains why DE is trending (investor interest/metrics); useful context for flow-driven moves but not a direct fundamental catalyst. Here is What to Know Beyond Why Deere & Company (DE) is a Trending Stock
• Negative Sentiment: Seeking Alpha warns rising fertilizer prices and other input-cost shocks could pressure farmers’ margins, reduce equipment replacement/demand and slow cyclical recovery — a material downside risk to unit sales and dealer inventories. Deere: Fertilizer Prices Could Be The Straw That Breaks The Camel’s Back

Insider Activity at Deere & Company

In other Deere & Company news, insider Cory J. Reed sold 12,000 shares of the firm’s stock in a transaction that occurred on Wednesday, January 14th. The shares were sold at an average price of $510.00, for a total value of $6,120,000.00. Following the sale, the insider owned 20,792 shares in the company, valued at $10,603,920. This trade represents a 36.59% decrease in their ownership of the stock. The sale was disclosed in a filing with the SEC, which is available at this link. Also, CEO John C. May II sold 41,472 shares of the firm’s stock in a transaction on Thursday, January 8th. The shares were sold at an average price of $501.49, for a total value of $20,797,793.28. Following the sale, the chief executive officer directly owned 117,970 shares in the company, valued at approximately $59,160,775.30. This trade represents a 26.01% decrease in their position. The SEC filing for this sale provides additional information. 0.29% of the stock is owned by corporate insiders.

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.