Meridian Management Co. Purchases 1,070 Shares of Deere & Company $DE

Meridian Management Co. boosted its position in Deere & Company (NYSE:DE) by 9.1% during the 4th quarter, according to the company in its most recent Form 13F filing with the SEC. The institutional investor owned 12,816 shares of the industrial products company’s stock after acquiring an additional 1,070 shares during the period. Deere & Company accounts for about 1.5% of Meridian Management Co.’s holdings, making the stock its 23rd biggest position. Meridian Management Co.’s holdings in Deere & Company were worth $5,967,000 at the end of the most recent reporting period.

Other institutional investors and hedge funds have also added to or reduced their stakes in the company. Strategic Advocates LLC bought a new position in Deere & Company in the third quarter worth approximately $25,000. Key Capital Management INC bought a new position in Deere & Company in the fourth quarter worth approximately $27,000. McIlrath & Eck LLC bought a new position in shares of Deere & Company in the fourth quarter valued at approximately $30,000. Wealth Watch Advisors INC bought a new position in shares of Deere & Company in the third quarter valued at approximately $32,000. Finally, Tucker Asset Management LLC bought a new position in shares of Deere & Company in the fourth quarter valued at approximately $34,000. Institutional investors own 68.58% of the company’s stock.

Analyst Ratings Changes

A number of research analysts have recently weighed in on the company. JPMorgan Chase & Co. raised their target price on Deere & Company from $550.00 to $560.00 and gave the company a “neutral” rating in a report on Friday, May 22nd. Barclays raised their target price on Deere & Company from $530.00 to $640.00 and gave the company an “overweight” rating in a report on Tuesday, March 31st. UBS Group raised their target price on Deere & Company from $535.00 to $775.00 and gave the company a “buy” rating in a report on Friday, February 20th. Morgan Stanley raised their target price on Deere & Company from $560.00 to $730.00 and gave the company an “overweight” rating in a report on Monday, February 23rd. Finally, Raymond James Financial dropped their target price on Deere & Company from $765.00 to $700.00 and set an “outperform” rating on the stock in a report on Friday, May 22nd. Fifteen research analysts have rated the stock with a Buy rating and nine have assigned a Hold rating to the company’s stock. According to data from MarketBeat, Deere & Company has a consensus rating of “Moderate Buy” and a consensus target price of $638.08.

Key Headlines Impacting Deere & Company

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

• Positive Sentiment: The biggest driver was the U.S. government’s decision to reduce tariffs on imported farm and construction equipment, which should lower costs and support demand for Deere’s machinery. US Lowers Tariffs to Boost Investment in Industrial Economy
• Positive Sentiment: Investors also appear to be refocusing on Deere’s strong fiscal Q2 results, including earnings of $6.55 per share versus expectations of $5.70, along with management’s unchanged full-year FY2026 profit outlook of $4.5 billion to $5.0 billion. Deere jumps as investors refocus on Q2 beat, steady FY26 outlook, and construction strength
• Positive Sentiment: Recent analyst sentiment remains constructive, with RBC Capital reiterating an outperform rating and lifting its price target to $752, implying additional upside from current levels. Deere & Company had its “outperform” rating reaffirmed by Royal Bank Of Canada
• Neutral Sentiment: Commentary also suggests Deere is benefiting from strength in construction equipment and a tariff refund related to IEEPA, but these appear secondary to the earnings and tariff headlines. Deere reaps benefits of IEEPA tariff refund and construction demand
• Neutral Sentiment: One article questioned whether DE is underperforming the industrials sector, but it did not introduce a clear new negative catalyst. Deere & Company Stock: Is DE Underperforming the Industrials Sector?

Deere & Company Stock Performance

Shares of Deere & Company stock opened at $578.97 on Wednesday. The business’s fifty day simple moving average is $571.78 and its 200 day simple moving average is $542.99. The firm has a market capitalization of $156.29 billion, a P/E ratio of 32.80, a price-to-earnings-growth ratio of 2.01 and a beta of 0.92. Deere & Company has a 12 month low of $433.00 and a 12 month high of $674.19. The company has a current ratio of 2.18, a quick ratio of 1.95 and a debt-to-equity ratio of 1.54.

Deere & Company (NYSE:DE) last issued its quarterly earnings results on Thursday, May 21st. The industrial products company reported $6.55 EPS for the quarter, topping analysts’ consensus estimates of $5.70 by $0.85. The business had revenue of $13.37 billion for the quarter, compared to analyst estimates of $11.55 billion. Deere & Company had a return on equity of 18.25% and a net margin of 10.09%.Deere & Company’s quarterly revenue was up 5.4% compared to the same quarter last year. During the same period last year, the company posted $6.64 earnings per share. As a group, analysts anticipate that Deere & Company will post 18.08 EPS for the current year.

Deere & Company Announces Dividend

The firm also recently declared a quarterly dividend, which will be paid on Monday, August 10th. Investors of record on Tuesday, June 30th will be issued a dividend of $1.62 per share. This represents a $6.48 dividend on an annualized basis and a yield of 1.1%. The ex-dividend date is Tuesday, June 30th. Deere & Company’s dividend payout ratio (DPR) is 36.71%.

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.