Northwestern Mutual Wealth Management Co. Acquires New Holdings in Deere & Company $DE

Northwestern Mutual Wealth Management Co. bought a new stake in Deere & Company (NYSE:DE) during the second quarter, according to the company in its most recent disclosure with the Securities & Exchange Commission. The institutional investor bought 139,887 shares of the industrial products company’s stock, valued at approximately $88,735,000. Northwestern Mutual Wealth Management Co. owned about 0.05% of Deere & Company at the end of the most recent reporting period.

Other hedge funds also recently bought and sold shares of the company. BlackRock Inc. purchased a new stake in shares of Deere & Company in the 2nd quarter valued at approximately $11,763,504,000. Norges Bank purchased a new position in shares of Deere & Company during the 4th quarter worth approximately $1,715,633,000. Capital World Investors boosted its position in shares of Deere & Company by 53.9% during the 4th quarter. Capital World Investors now owns 9,592,004 shares of the industrial products company’s stock worth $4,465,906,000 after purchasing an additional 3,358,264 shares during the period. Bank of New York Mellon Corp acquired a new stake in Deere & Company in the 2nd quarter valued at approximately $1,259,279,000. Finally, Deutsche Bank AG acquired a new stake in Deere & Company in the 2nd quarter valued at approximately $435,181,000. Hedge funds and other institutional investors own 68.58% of the company’s stock.

Deere & Company Stock Performance

Shares of DE opened at $648.61 on Friday. The stock has a 50-day simple moving average of $606.90 and a 200-day simple moving average of $590.75. The company has a debt-to-equity ratio of 1.45, a quick ratio of 1.95 and a current ratio of 2.10. Deere & Company has a 1 year low of $433.00 and a 1 year high of $674.19. The stock has a market capitalization of $175.09 billion, a PE ratio of 36.03, a PEG ratio of 2.74 and a beta of 0.90.

Deere & Company (NYSE:DE) last issued its quarterly earnings results on Thursday, August 20th. The industrial products company reported $5.10 earnings per share (EPS) for the quarter, topping analysts’ consensus estimates 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 during the quarter, compared to the consensus estimate of $10.81 billion. During the same quarter in the previous year, the firm earned $4.75 earnings per share. The firm’s quarterly revenue was up 6.2% on a year-over-year basis. On average, analysts predict that Deere & Company will post 18.23 earnings per share for the current fiscal year.

Deere & Company Dividend Announcement

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

Analyst Ratings Changes

DE has been the topic of a number of research reports. Citigroup upped their price target on Deere & Company from $610.00 to $650.00 and gave the stock a “neutral” rating in a research note on Friday. Royal Bank Of Canada reiterated an “outperform” rating and set a $752.00 price target on shares of Deere & Company in a research note on Monday, June 1st. UBS Group lowered their price objective on shares of Deere & Company from $732.00 to $728.00 and set a “buy” rating for the company in a research note on Friday. JPMorgan Chase & Co. upped their target price on shares of Deere & Company from $570.00 to $585.00 and gave the stock a “neutral” rating in a research note on Friday. Finally, Weiss Ratings reissued a “hold (c+)” rating on shares of Deere & Company in a research report on Tuesday. Fourteen investment analysts have rated the stock with a Buy rating and nine have issued a Hold rating to the company. According to MarketBeat.com, Deere & Company currently has an average rating of “Moderate Buy” and an average price target of $643.38.

Key Stories Impacting Deere & Company

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.

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.