Deere & Company $DE Shares Purchased by Glenview Trust Co

Glenview Trust Co increased its position in shares of Deere & Company (NYSE:DE) by 3.1% during the 4th quarter, according to the company in its most recent 13F filing with the Securities and Exchange Commission. The institutional investor owned 39,801 shares of the industrial products company’s stock after acquiring an additional 1,196 shares during the period. Glenview Trust Co’s holdings in Deere & Company were worth $18,530,000 at the end of the most recent quarter.

Several other hedge funds have also recently bought and sold shares of the company. New Age Alpha Advisors LLC lifted its stake in Deere & Company by 1.3% during the 4th quarter. New Age Alpha Advisors LLC now owns 6,397 shares of the industrial products company’s stock worth $2,978,000 after acquiring an additional 83 shares in the last quarter. Mathes Company Inc. lifted its stake in Deere & Company by 1.7% during the 4th quarter. Mathes Company Inc. now owns 10,157 shares of the industrial products company’s stock worth $4,729,000 after acquiring an additional 165 shares in the last quarter. Allen Capital Group LLC lifted its stake in Deere & Company by 2.9% during the 4th quarter. Allen Capital Group LLC now owns 14,053 shares of the industrial products company’s stock worth $6,543,000 after acquiring an additional 391 shares in the last quarter. Wealthquest Corp acquired a new position in Deere & Company during the 4th quarter worth about $261,000. Finally, Frazier Financial Advisors LLC lifted its stake in Deere & Company by 1,575.0% during the 4th quarter. Frazier Financial Advisors LLC now owns 268 shares of the industrial products company’s stock worth $125,000 after acquiring an additional 252 shares in the last quarter. Institutional investors and hedge funds own 68.58% of the company’s stock.

Deere & Company Price Performance

Shares of NYSE DE opened at $529.88 on Monday. The company has a debt-to-equity ratio of 1.54, a quick ratio of 1.96 and a current ratio of 2.18. Deere & Company has a fifty-two week low of $433.00 and a fifty-two week high of $674.19. The firm has a market capitalization of $143.13 billion, a PE ratio of 30.02, a price-to-earnings-growth ratio of 1.85 and a beta of 0.96. The stock’s 50-day simple moving average is $576.52 and its 200-day simple moving average is $540.35.

Deere & Company (NYSE:DE) last issued its earnings results on Thursday, May 21st. The industrial products company reported $6.55 earnings per share for the quarter, topping the consensus estimate of $5.70 by $0.85. Deere & Company had a return on equity of 18.25% and a net margin of 10.09%.The business had revenue of $11.78 billion for the quarter, compared to analyst estimates of $11.55 billion. During the same quarter last year, the company earned $6.64 EPS. The business’s quarterly revenue was up 5.4% on a year-over-year basis. As a group, equities research analysts forecast that Deere & Company will post 18.05 EPS for the current fiscal year.

Deere & Company Dividend Announcement

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

Wall Street Analysts Forecast Growth

A number of equities research analysts have issued reports on DE shares. Weiss Ratings raised Deere & Company from a “hold (c)” rating to a “hold (c+)” rating in a research report on Thursday. Argus increased their price target on Deere & Company from $540.00 to $700.00 and gave the company a “buy” rating in a research report on Tuesday, March 3rd. Morgan Stanley increased their price target on Deere & Company from $560.00 to $730.00 and gave the company an “overweight” rating in a research report on Monday, February 23rd. Wall Street Zen raised Deere & Company from a “sell” rating to a “hold” rating in a research report on Saturday, February 7th. Finally, Wells Fargo & Company increased their price target on Deere & Company from $543.00 to $750.00 and gave the company an “overweight” rating in a research report on Friday, February 20th. Fifteen investment analysts have rated the stock with a Buy rating and nine have given a Hold rating to the company. Based on data from MarketBeat, the company has a consensus rating of “Moderate Buy” and a consensus target price of $640.73.

More 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

Deere & Company 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.