Washington Trust Advisors Inc. Has $30.67 Million Stock Holdings in Deere & Company $DE

Washington Trust Advisors Inc. decreased its holdings in Deere & Company (NYSE:DE) by 2.1% during the 3rd quarter, HoldingsChannel reports. The firm owned 67,082 shares of the industrial products company’s stock after selling 1,473 shares during the quarter. Deere & Company comprises approximately 2.3% of Washington Trust Advisors Inc.’s holdings, making the stock its 13th largest position. Washington Trust Advisors Inc.’s holdings in Deere & Company were worth $30,674,000 at the end of the most recent reporting period.

Several other institutional investors and hedge funds have also modified their holdings of DE. Vanguard Group Inc. raised its stake in Deere & Company by 1.4% during the second quarter. Vanguard Group Inc. now owns 22,372,671 shares of the industrial products company’s stock worth $11,376,279,000 after acquiring an additional 309,081 shares in the last quarter. State Street Corp grew its holdings in shares of Deere & Company by 0.6% during the 2nd quarter. State Street Corp now owns 10,386,268 shares of the industrial products company’s stock valued at $5,297,913,000 after purchasing an additional 64,262 shares during the last quarter. Geode Capital Management LLC grew its holdings in shares of Deere & Company by 2.1% during the 2nd quarter. Geode Capital Management LLC now owns 5,541,778 shares of the industrial products company’s stock valued at $2,810,807,000 after purchasing an additional 111,627 shares during the last quarter. Norges Bank acquired a new position in Deere & Company during the 2nd quarter worth approximately $1,578,243,000. Finally, Fisher Asset Management LLC lifted its stake in Deere & Company by 10.1% in the 2nd quarter. Fisher Asset Management LLC now owns 2,580,228 shares of the industrial products company’s stock valued at $1,312,020,000 after purchasing an additional 236,406 shares during the last quarter. 68.58% of the stock is currently owned by institutional investors.

Analyst Ratings Changes

DE has been the subject of several research analyst reports. Weiss Ratings reiterated a “hold (c+)” rating on shares of Deere & Company in a report on Monday, December 29th. DA Davidson boosted their price objective on Deere & Company from $580.00 to $775.00 and gave the stock a “buy” rating in a research report on Friday. Wolfe Research increased their target price on Deere & Company from $520.00 to $550.00 and gave the company an “outperform” rating in a research report on Friday, January 2nd. Bank of America upped their price objective on Deere & Company from $502.00 to $672.00 and gave the company a “neutral” rating in a research note on Friday. Finally, BMO Capital Markets lifted their target price on shares of Deere & Company from $460.00 to $500.00 and gave the stock a “market perform” rating in a research report on Friday. Fifteen investment analysts have rated the stock with a Buy rating, eight have issued a Hold rating and one has issued a Sell rating to the company. According to MarketBeat, Deere & Company currently has a consensus rating of “Moderate Buy” and a consensus price target of $610.95.

Deere & Company Stock Performance

Shares of Deere & Company stock opened at $662.74 on Monday. 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 50-day simple moving average of $522.56 and a 200 day simple moving average of $491.02. Deere & Company has a one year low of $404.42 and a one year high of $674.19. The firm has a market capitalization of $179.65 billion, a price-to-earnings ratio of 37.36, a PEG ratio of 2.64 and a beta of 1.02.

Deere & Company (NYSE:DE) last announced its quarterly earnings results on Thursday, February 19th. The industrial products company reported $2.42 earnings per share for the quarter, beating the consensus estimate of $1.90 by $0.52. The business had revenue of $9.61 billion for the quarter, compared to analysts’ expectations of $7.50 billion. Deere & Company had a net margin of 10.29% and a return on equity of 18.93%. The firm’s revenue for the quarter was up 17.5% compared to the same quarter last year. During the same quarter last year, the firm earned $3.19 EPS. On average, research analysts anticipate that Deere & Company will post 19.32 earnings per share for the current fiscal year.

Deere & Company Announces Dividend

The company also recently disclosed a quarterly dividend, which was paid on Monday, February 9th. Shareholders of record on Wednesday, December 31st were issued a dividend of $1.62 per share. This represents a $6.48 dividend on an annualized basis and a yield of 1.0%. The ex-dividend date of this dividend was Wednesday, December 31st. Deere & Company’s payout ratio is currently 36.53%.

Deere & Company News Roundup

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

• Positive Sentiment: Q1 beat and raised FY guidance — Deere reported Q1 revenue of $9.61B and EPS of $2.42 (above estimates) and raised fiscal‑2026 net‑income guidance to $4.5B–$5.0B, which traders interpreted as confirmation that order trends and construction demand are improving. Deere Lifts Full-Year Profit Forecast as Construction, Sales Rebound (Reuters)
• Positive Sentiment: Large analyst price‑target upgrades — several firms jumped their targets after the beat-and-raise (notable moves: Truist to $793, DA Davidson to $775, Wells Fargo to $750, RBC to $736, BofA to $672), supporting further upside expectations. Wall Street Goes Wild For Deere: The Real Reason Analysts Are Hiking Price Forecasts (Benzinga)
• Positive Sentiment: Construction recovery, product strategy and M&A — management says 2026 may be the bottom of the farm cycle and highlighted strength in construction and small‑ag; Deere completed the Tenna acquisition and is pushing AI/connected‑equipment initiatives, which boost long‑term growth narrative. John Deere Completes Acquisition of Tenna (ForConstructionPros)
• Neutral Sentiment: Some analysts remain cautious despite higher targets — a few shops raised targets but kept market‑perform/neutral ratings (e.g., Sanford Bernstein, BMO), signaling mixed conviction beneath the bullish headlines. Bernstein Adjusts Price Target on Deere to $615 from $521; Maintains Market Perform (MarketScreener)
• Negative Sentiment: Profit and margin headwinds remain — net income fell year‑over‑year (to ~$656M) as tariffs and an unfavorable sales mix pressured margins; that keeps some earnings risk if tariffs or costs persist. Deere Profit Sinks as Tariffs Weigh on Margins (WSJ)

Insiders Place Their Bets

In related news, CEO John C. May II sold 41,472 shares of the firm’s stock in a transaction dated Thursday, January 8th. The shares were sold at an average price of $501.49, for a total transaction of $20,797,793.28. Following the transaction, the chief executive officer directly owned 117,970 shares of the company’s stock, valued at $59,160,775.30. This trade represents a 26.01% decrease in their ownership of the stock. The transaction was disclosed in a document filed with the Securities & Exchange Commission, which is available at this link. Also, insider Cory J. Reed sold 12,000 shares of the company’s stock in a transaction dated Wednesday, January 14th. The stock was sold at an average price of $510.00, for a total transaction of $6,120,000.00. Following the completion of the sale, the insider directly owned 20,792 shares of the company’s stock, valued at $10,603,920. The trade was a 36.59% decrease in their ownership of the stock. Additional details regarding this sale are available in the official SEC disclosure. Insiders have sold a total of 64,578 shares of company stock worth $32,471,682 over the last ninety days. Insiders own 0.29% of the company’s stock.

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.