Deere & Company $DE Shares Acquired by Kestra Private Wealth Services LLC

Kestra Private Wealth Services LLC grew its holdings in Deere & Company (NYSE:DE) by 8.2% in the 1st quarter, according to the company in its most recent Form 13F filing with the SEC. The firm owned 11,096 shares of the industrial products company’s stock after purchasing an additional 843 shares during the quarter. Kestra Private Wealth Services LLC’s holdings in Deere & Company were worth $6,250,000 at the end of the most recent reporting period.

A number of other institutional investors have also recently made changes to their positions in DE. Strategic Advocates LLC acquired a new position in shares of Deere & Company in the third quarter worth $25,000. Key Capital Management INC purchased a new position in Deere & Company in the fourth quarter valued at $27,000. Timmons Wealth Management LLC purchased a new position in Deere & Company in the fourth quarter valued at $29,000. McIlrath & Eck LLC acquired a new position in Deere & Company during the 4th quarter worth $30,000. Finally, Wealth Watch Advisors INC acquired a new position in Deere & Company during the 3rd quarter worth $32,000. Institutional investors and hedge funds own 68.58% of the company’s stock.

Deere & Company Price Performance

DE stock opened at $613.45 on Friday. The business has a 50 day moving average price of $574.51 and a 200 day moving average price of $557.28. The company has a quick ratio of 1.95, a current ratio of 2.18 and a debt-to-equity ratio of 1.54. The stock has a market cap of $165.59 billion, a price-to-earnings ratio of 34.76, a PEG ratio of 2.33 and a beta of 0.92. Deere & Company has a fifty-two week low of $433.00 and a fifty-two week high of $674.19.

Deere & Company (NYSE:DE) last announced its quarterly earnings results on Thursday, May 21st. The industrial products company reported $6.55 EPS for the quarter, beating the consensus estimate of $5.70 by $0.85. Deere & Company had a net margin of 10.09% and a return on equity of 18.25%. The company had revenue of $13.37 billion for the quarter, compared to analyst estimates of $11.55 billion. During the same period in the prior year, the firm posted $6.64 earnings per share. The firm’s revenue was up 5.4% on a year-over-year basis. Equities research analysts anticipate that Deere & Company will post 18.13 earnings per share for the current fiscal year.

Deere & Company Dividend Announcement

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

Wall Street Analysts Forecast Growth

A number of equities research analysts have issued reports on the company. 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. JPMorgan Chase & Co. boosted their price objective on Deere & Company from $560.00 to $590.00 and gave the stock a “neutral” rating in a research report on Thursday, June 4th. Jefferies Financial Group upgraded shares of Deere & Company from an “underperform” rating to a “hold” rating and set a $550.00 target price on the stock in a research note on Wednesday, April 8th. Oppenheimer reiterated an “outperform” rating and issued a $680.00 price target (down from $715.00) on shares of Deere & Company in a research note on Wednesday, May 27th. Finally, Royal Bank Of Canada reiterated an “outperform” rating and set a $752.00 price target on shares of Deere & Company in a report on Monday, June 1st. Fourteen investment analysts have rated the stock with a Buy rating and nine have given a Hold rating to the stock. Based on data from MarketBeat.com, Deere & Company currently has an average rating of “Moderate Buy” and an average target price of $639.58.

Key Stories Impacting Deere & Company

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

• Positive Sentiment: Deere raised full-year net income guidance, expanded its share repurchase program, and highlighted AI-enabled efficiency investments, all of which support the case for stronger margins and shareholder returns. Deere (DE) Is Up 7.0% After Raising Guidance, Expanding Buybacks And Highlighting AI Efficiency Investments
• Positive Sentiment: RBC Capital and Freedom Broker raised price targets on Deere after strong quarterly earnings, signaling Wall Street sees continued upside following the company’s latest results. RBC Capital and Freedom Broker Raise Price Targets on Deere (DE) After Strong Quarterly Earnings
• Positive Sentiment: Deere continues to be viewed as a long-term winner in agtech, robotics, and automation, reinforcing the investment case for its precision-farming and technology-driven business model. Is Deere & Co. (DE) Amongst the Best Robotics and Automation Stocks to Look at
• Neutral Sentiment: Deere and other ag-related companies are being highlighted in articles about agtech and food innovation, which supports the long-term theme but does not appear to be a direct stock-moving catalyst. 3 AgTech & Food Innovation Stocks Driving Agriculture’s Future
• Neutral Sentiment: Some commentary suggests Deere may be near an agricultural-cycle bottom in 2026, which could eventually help the stock if farm conditions improve, but that recovery is still forward-looking. Deere Expects 2026 to Mark the Bottom of the Agriculture Cycle, RBC Says
• Negative Sentiment: Near-term sentiment is being capped by concerns that Deere’s agriculture business is still working through a cyclical downturn, even as investors look for signs that demand has stabilized. How CAT Stock Doubles Again To Reach $2,000

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.