Raiffeisen Bank International AG Buys 1,904 Shares of Deere & Company $DE

Raiffeisen Bank International AG increased its stake in shares of Deere & Company (NYSE:DE) by 9.2% during the second quarter, HoldingsChannel.com reports. The fund owned 22,572 shares of the industrial products company’s stock after purchasing an additional 1,904 shares during the period. Raiffeisen Bank International AG’s holdings in Deere & Company were worth $14,144,000 as of its most recent SEC filing.

A number of other institutional investors have also made changes to their positions in DE. Mowery & Schoenfeld Wealth Management LLC bought a new stake in Deere & Company during the second quarter worth approximately $27,000. Kilter Group LLC bought a new position in shares of Deere & Company in the second quarter valued at approximately $29,000. Timmons Wealth Management LLC bought a new position in shares of Deere & Company in the fourth quarter valued at approximately $29,000. McIlrath & Eck LLC acquired a new stake in shares of Deere & Company in the fourth quarter worth $30,000. Finally, Solstein Capital LLC acquired a new stake in shares of Deere & Company in the second quarter worth $30,000. 68.58% of the stock is owned by institutional investors.

Deere & Company Stock Down 0.6%

DE opened at $694.00 on Friday. The business has a 50 day moving average of $617.54 and a 200-day moving average of $595.61. The stock has a market capitalization of $187.12 billion, a price-to-earnings ratio of 38.56, a P/E/G ratio of 2.88 and a beta of 0.90. The company has a current ratio of 2.10, a quick ratio of 1.89 and a debt-to-equity ratio of 1.45. Deere & Company has a 1-year low of $433.00 and a 1-year high of $705.88.

Deere & Company (NYSE:DE) last announced its earnings results on Thursday, August 20th. The industrial products company reported $5.10 earnings per share (EPS) for the quarter, topping analysts’ consensus estimates of $4.69 by $0.41. The business had revenue of $12.61 billion for the quarter, compared to analyst estimates of $10.81 billion. Deere & Company had a net margin of 10.16% and a return on equity of 18.10%. Deere & Company’s revenue was up 6.2% compared to the same quarter last year. During the same quarter in the previous year, the firm posted $4.75 earnings per share. As a group, sell-side analysts anticipate that Deere & Company will post 18.12 earnings per share for the current year.

Deere & Company Dividend Announcement

The business also recently declared a quarterly dividend, which will be paid on Monday, November 9th. Shareholders of record on Wednesday, September 30th will be given a $1.62 dividend. This represents a $6.48 annualized dividend and a yield of 0.9%. The ex-dividend date is Wednesday, September 30th. Deere & Company’s dividend payout ratio (DPR) is currently 36.00%.

More Deere & Company News

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

• Positive Sentiment: Analyst upgrades point to potential recovery. Evercore upgraded Deere from “in-line” to “outperform” and set an $813 price target, implying approximately 17% upside from the referenced share price. Baird also raised its rating from “neutral” to “outperform,” citing a potential recovery in agricultural fundamentals by 2027 and stronger equipment demand. Baird Upgrades Deere to Outperform
• Positive Sentiment: Agricultural rebound is supporting the stock’s momentum. Deere has been highlighted among stocks reaching new 52-week highs, with analysts attributing its strength to improving agricultural prospects. The company’s recent earnings beat and revenue growth also provide fundamental support for the recovery thesis. Market Extremes Flash Warning Signs
• Positive Sentiment: Wall Street research remains focused on Deere’s upside. Deere was included in Thursday’s prominent analyst research coverage as broader markets became more volatile, keeping institutional attention on the company’s recovery outlook. Thursday’s Top Wall Street Analyst Research Calls
• Neutral Sentiment: Unusually heavy options volume signals increased trading interest. The activity may reflect positioning around analyst upgrades and Deere’s extended rally, but it does not establish a clear directional outlook. Deere Sees Unusually Large Options Volume
• Negative Sentiment: Valuation and legal uncertainty remain risks. With Deere trading at a high earnings multiple after its substantial gains, investors may demand continued execution. Separately, farmers have begun filing claims related to a Deere settlement, creating a potential overhang even though the immediate financial impact was not specified. Farmers Can Now File Claim in Deere Settlement

Analyst Upgrades and Downgrades

A number of research analysts recently issued reports on the stock. Nomura upgraded shares of Deere & Company to a “buy” rating in a research note on Monday. Raymond James Financial boosted their target price on shares of Deere & Company from $700.00 to $730.00 and gave the stock an “outperform” rating in a research report on Monday. Seaport Research Partners set a $570.00 price target on shares of Deere & Company in a report on Friday, August 14th. Royal Bank Of Canada reaffirmed an “outperform” rating and issued a $752.00 price target on shares of Deere & Company in a research report on Monday, August 24th. Finally, Robert W. Baird raised Deere & Company from a “neutral” rating to an “outperform” rating and raised their price target for the company from $640.00 to $800.00 in a research report on Monday. Sixteen equities research analysts have rated the stock with a Buy rating and eight have issued a Hold rating to the stock. Based on data from MarketBeat, the stock presently has a consensus rating of “Moderate Buy” and a consensus price target of $680.73.

Deere & Company Profile

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.