De Lisle Partners LLP Invests $7.92 Million in Deere & Company $DE

De Lisle Partners LLP purchased a new position in shares of Deere & Company (NYSE:DE) in the 2nd quarter, HoldingsChannel.com reports. The institutional investor purchased 12,500 shares of the industrial products company’s stock, valued at approximately $7,924,000.

A number of other hedge funds have also made changes to their positions in the stock. Mowery & Schoenfeld Wealth Management LLC acquired a new stake in Deere & Company in the 2nd quarter worth approximately $27,000. Kilter Group LLC bought a new stake in Deere & Company during the second quarter worth approximately $29,000. Timmons Wealth Management LLC acquired a new position in Deere & Company during the fourth quarter valued at approximately $29,000. McIlrath & Eck LLC acquired a new position in Deere & Company during the fourth quarter valued at approximately $30,000. Finally, Portus Wealth Advisors LLC bought a new position in shares of Deere & Company in the first quarter valued at approximately $32,000. Institutional investors and hedge funds own 68.58% of the company’s stock.

Deere & Company News Summary

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

• Positive Sentiment: Q3 earnings and revenue beat expectations. Deere reported earnings of $5.10 per share, up from $4.75 a year earlier, on revenue of $12.61 billion, which rose about 6% year over year and exceeded analyst estimates. Deere Reports Third Quarter Net Income
• Positive Sentiment: Management raised its fiscal 2026 outlook. Deere increased its net-income forecast to $4.75 billion-$5.00 billion and expects $5.0 billion-$5.5 billion in equipment-operations cash flow, improving confidence in profitability and cash generation. Deere Raises FY2026 Outlook
• Positive Sentiment: Construction and forestry provided the key growth engine. Demand for bulldozers, excavators and other earth-moving equipment is largely booked through the rest of the year, supported by data-center and energy-infrastructure construction tied to artificial-intelligence investment. Deere Lifts Sales Guidance
• Positive Sentiment: The agricultural cycle may be nearing a bottom. Executives characterized fiscal 2026 as the likely trough for the agricultural equipment cycle and pointed to improving early order trends and potentially stronger demand in 2027. Deere also recognized $110 million in tariff refunds during the quarter. DE Q3 Earnings Call Highlights
• Neutral Sentiment: Analyst reactions were mixed but generally reflected higher estimates. Robert W. Baird raised its target to $640 and JPMorgan increased its target to $585, while both retained neutral ratings. Other analysts lifted targets as high as $685, indicating expectations have improved but also that valuation and limited near-term upside remain concerns. Deere Analysts Increase Forecasts
• Negative Sentiment: Agriculture remains a constraint. Production and precision agriculture demand is still weak, and Bank of America cautioned that any recovery may be gradual rather than a sharp cyclical rebound. The stock’s elevated valuation could make it vulnerable if farm-market improvement is delayed.

Analyst Ratings Changes

A number of analysts have recently weighed in on DE shares. Bank of America reduced their price objective on shares of Deere & Company from $672.00 to $607.50 and set a “neutral” rating for the company in a research note on Friday, May 22nd. Royal Bank Of Canada reiterated an “outperform” rating and issued a $752.00 target price on shares of Deere & Company in a research note on Monday, June 1st. JPMorgan Chase & Co. lifted their target price on shares of Deere & Company from $570.00 to $585.00 and gave the stock a “neutral” rating in a report on Friday. Raymond James Financial cut their target price on shares of Deere & Company from $765.00 to $700.00 and set an “outperform” rating for the company in a research report on Friday, May 22nd. Finally, Truist Financial upped their price target on shares of Deere & Company from $759.00 to $812.00 and gave the company a “buy” rating in a report on Thursday, July 2nd. Fourteen investment analysts have rated the stock with a Buy rating and nine have given a Hold rating to the company’s stock. According to MarketBeat.com, Deere & Company currently has a consensus rating of “Moderate Buy” and an average target price of $643.38.

Deere & Company Price Performance

Shares of Deere & Company stock opened at $648.61 on Friday. The company has a debt-to-equity ratio of 1.45, a current ratio of 2.10 and a quick ratio of 1.95. Deere & Company has a fifty-two week low of $433.00 and a fifty-two week high of $674.19. The firm has a fifty day moving average price of $606.90 and a two-hundred day moving average price of $590.75. The company has a market cap of $175.09 billion, a PE ratio of 36.03, a price-to-earnings-growth ratio of 2.74 and a beta of 0.90.

Deere & Company (NYSE:DE) last posted its quarterly earnings results on Thursday, August 20th. The industrial products company reported $5.10 earnings per share (EPS) for the quarter, topping the consensus estimate of $4.69 by $0.41. Deere & Company had a net margin of 10.16% and a return on equity of 18.10%. The company had revenue of $12.61 billion for the quarter, compared to analyst estimates of $10.81 billion. During the same period last year, the business posted $4.75 EPS. The business’s quarterly revenue was up 6.2% on a year-over-year basis. Analysts expect that Deere & Company will post 18.23 EPS for the current year.

Deere & Company Dividend Announcement

The business also recently announced a quarterly dividend, which was paid on Monday, August 10th. Stockholders of record on Tuesday, June 30th were issued a $1.62 dividend. The ex-dividend date of this dividend was Tuesday, June 30th. This represents a $6.48 dividend on an annualized basis and a dividend yield of 1.0%. Deere & Company’s dividend payout ratio is presently 36.00%.

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.