Prospera Financial Services Inc Sells 2,906 Shares of Deere & Company $DE

Prospera Financial Services Inc lessened its stake in shares of Deere & Company (NYSE:DE) by 13.3% in the fourth quarter, according to the company in its most recent 13F filing with the Securities & Exchange Commission. The institutional investor owned 19,010 shares of the industrial products company’s stock after selling 2,906 shares during the period. Prospera Financial Services Inc’s holdings in Deere & Company were worth $8,856,000 at the end of the most recent reporting period.

A number of other institutional investors and hedge funds also recently added to or reduced their stakes in the stock. Strategic Financial Concepts LLC bought a new position in Deere & Company during the 4th quarter valued at approximately $243,000. Coldstream Capital Management Inc. increased its position in Deere & Company by 0.5% during the 4th quarter. Coldstream Capital Management Inc. now owns 13,659 shares of the industrial products company’s stock valued at $6,359,000 after buying an additional 71 shares in the last quarter. Pathfinder Wealth Consulting Inc. bought a new position in Deere & Company during the 4th quarter valued at approximately $228,000. Associated Banc Corp increased its position in Deere & Company by 2.6% during the 4th quarter. Associated Banc Corp now owns 1,076 shares of the industrial products company’s stock valued at $501,000 after buying an additional 27 shares in the last quarter. Finally, Karras Company Inc. bought a new position in Deere & Company during the 4th quarter valued at approximately $486,000. Institutional investors own 68.58% of the company’s stock.

Wall Street Analysts Forecast Growth

DE has been the subject of a number of analyst reports. Oppenheimer reaffirmed an “outperform” rating and set a $715.00 price objective on shares of Deere & Company in a research report on Friday, February 20th. DA Davidson reduced their price objective on Deere & Company from $775.00 to $685.00 and set a “buy” rating for the company in a research report on Friday. Raymond James Financial cut their target price on Deere & Company from $765.00 to $700.00 and set an “outperform” rating on the stock in a research note on Friday. Sanford C. Bernstein increased their target price on Deere & Company from $521.00 to $615.00 and gave the company a “market perform” rating in a research note on Friday, February 20th. Finally, Robert W. Baird cut their target price on Deere & Company from $580.00 to $525.00 and set a “neutral” rating on the stock in a research note on Friday. Fifteen research analysts have rated the stock with a Buy rating and nine have given a Hold rating to the stock. Based on data from MarketBeat, the company presently has an average rating of “Moderate Buy” and a consensus target price of $640.73.

Deere & Company Stock Performance

DE stock opened at $529.88 on Monday. The company has a market cap of $143.13 billion, a P/E ratio of 30.02, a price-to-earnings-growth ratio of 1.85 and a beta of 0.96. Deere & Company has a 1 year low of $433.00 and a 1 year high of $674.19. The company has a debt-to-equity ratio of 1.54, a current ratio of 2.18 and a quick ratio of 1.96. The stock’s fifty day moving average price is $576.52 and its 200-day moving average price is $540.35.

Deere & Company (NYSE:DE) last released its quarterly earnings results 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. The firm had revenue of $11.78 billion for the quarter, compared to the consensus estimate of $11.55 billion. Deere & Company had a return on equity of 18.25% and a net margin of 10.09%.The company’s revenue for the quarter was up 5.4% on a year-over-year basis. During the same period last year, the business posted $6.64 EPS. On average, equities analysts forecast that Deere & Company will post 18.05 earnings per share for the current year.

Deere & Company Announces Dividend

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

Key Deere & Company News

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

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.