Proficio Capital Partners LLC Purchases 984 Shares of Deere & Company $DE

Proficio Capital Partners LLC boosted its position in Deere & Company (NYSE:DE) by 150.7% during the 2nd quarter, according to the company in its most recent Form 13F filing with the SEC. The institutional investor owned 1,637 shares of the industrial products company’s stock after acquiring an additional 984 shares during the period. Proficio Capital Partners LLC’s holdings in Deere & Company were worth $1,038,000 as of its most recent SEC filing.

Several other hedge funds and other institutional investors have also recently modified their holdings of the company. Teza Capital Management LLC lifted its position in Deere & Company by 15.8% in the 2nd quarter. Teza Capital Management LLC now owns 439 shares of the industrial products company’s stock valued at $278,000 after acquiring an additional 60 shares in the last quarter. Rehmann Capital Advisory Group boosted its holdings in shares of Deere & Company by 14.2% in the second quarter. Rehmann Capital Advisory Group now owns 2,705 shares of the industrial products company’s stock worth $1,716,000 after acquiring an additional 337 shares during the period. Sigma Planning Corp boosted its position in shares of Deere & Company by 3.3% in the second quarter. Sigma Planning Corp now owns 7,212 shares of the industrial products company’s stock valued at $4,575,000 after acquiring an additional 228 shares during the period. Benjamin Edwards Inc. boosted its stake in Deere & Company by 1.1% during the second quarter. Benjamin Edwards Inc. now owns 21,798 shares of the industrial products company’s stock valued at $13,830,000 after buying an additional 230 shares during the period. Finally, Flputnam Investment Management Co. grew its stake in Deere & Company by 5.8% in the 2nd quarter. Flputnam Investment Management Co. now owns 805 shares of the industrial products company’s stock worth $511,000 after buying an additional 44 shares in the last quarter. Institutional investors own 68.58% of the company’s stock.

Trending Headlines about Deere & Company

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

• Positive Sentiment: Baird upgraded Deere to Outperform from Neutral and raised its price target to $800 from $640. The firm expects improving North American agricultural fundamentals in 2027, including potentially stronger corn prices and row-crop demand. Baird Just Upgraded Deere Stock. Here’s Why
• Positive Sentiment: The upgrade reinforces a recovery thesis: Baird believes the current farm-equipment downturn could bottom in 2026, setting up stronger equipment demand and profits in 2027. The call also lifted sentiment across agricultural machinery stocks. How Deere Stock Can Hit $800. A Farming Recovery Is Coming.
• Positive Sentiment: Deere’s latest quarterly results provide additional support for the bullish outlook. The company exceeded earnings and revenue expectations, reported year-over-year revenue growth, and raised fiscal 2026 net-income guidance to approximately $4.75 billion-$5.00 billion.
• Positive Sentiment: Unusually heavy call-option activity, with investors purchasing roughly 61% more calls than typical, signals increased short-term bullish positioning, although options activity can also amplify volatility.
• Positive Sentiment: Deere launched “JD,” an artificial-intelligence assistant integrated into its Operations Center. The tool is designed to help farmers analyze field data and make operational decisions, potentially strengthening Deere’s technology offering and customer relationships. Deere launches AI assistant named JD to guide farmers

Deere & Company Stock Performance

NYSE:DE opened at $674.74 on Wednesday. The stock’s 50 day simple moving average is $614.39 and its two-hundred day simple moving average is $594.27. The company has a debt-to-equity ratio of 1.45, a current ratio of 2.10 and a quick ratio of 1.89. The company has a market cap of $181.92 billion, a price-to-earnings ratio of 37.49, a PEG ratio of 2.70 and a beta of 0.90. Deere & Company has a 1 year low of $433.00 and a 1 year high of $677.89.

Deere & Company (NYSE:DE) last announced its quarterly earnings results on Thursday, August 20th. The industrial products company reported $5.10 EPS for the quarter, beating analysts’ consensus estimates of $4.69 by $0.41. The firm had revenue of $12.61 billion during the quarter, compared to the consensus estimate of $10.81 billion. Deere & Company had a net margin of 10.16% and a return on equity of 18.10%. The firm’s revenue for the quarter was up 6.2% compared to the same quarter last year. During the same quarter last year, the firm earned $4.75 EPS. As a group, equities analysts anticipate that Deere & Company will post 18.11 earnings per share for the current fiscal year.

Deere & Company Announces Dividend

The firm also recently announced a quarterly dividend, which will be paid on Monday, November 9th. Stockholders of record on Wednesday, September 30th will be given a dividend of $1.62 per share. This represents a $6.48 annualized dividend and a dividend yield of 1.0%. The ex-dividend date is Wednesday, September 30th. Deere & Company’s dividend payout ratio (DPR) is 36.00%.

Analysts Set New Price Targets

A number of equities analysts recently commented on the stock. DA Davidson lifted their target price on shares of Deere & Company from $685.00 to $760.00 and gave the stock a “buy” rating in a research report on Monday, August 24th. JPMorgan Chase & Co. upped their price objective on shares of Deere & Company from $570.00 to $585.00 and gave the stock a “neutral” rating in a report on Friday, August 21st. Seaport Research Partners set a $570.00 price objective on shares of Deere & Company in a research report on Friday, August 14th. Nomura upgraded shares of Deere & Company to a “buy” rating in a research note on Monday. Finally, Barclays upped their target price on shares of Deere & Company from $640.00 to $675.00 and gave the company an “overweight” rating in a report on Monday, August 24th. Sixteen analysts have rated the stock with a Buy rating and eight have given a Hold rating to the stock. According to MarketBeat, the company has a consensus rating of “Moderate Buy” and an average price target of $662.98.

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.