Fifth Third Bancorp decreased its holdings in shares of Deere & Company (NYSE:DE – Free Report) by 0.4% in the 3rd quarter, according to its most recent disclosure with the Securities and Exchange Commission. The fund owned 260,938 shares of the industrial products company’s stock after selling 1,179 shares during the quarter. Fifth Third Bancorp owned approximately 0.10% of Deere & Company worth $175,233,000 as of its most recent SEC filing.
A number of other hedge funds have also added to or reduced their stakes in the business. SHEPHERD WEALTH MANAGEMENT Ltd LIABILITY Co boosted its stake in shares of Deere & Company by 3.2% during the 2nd quarter. SHEPHERD WEALTH MANAGEMENT Ltd LIABILITY Co now owns 516 shares of the industrial products company’s stock worth $308,000 after buying an additional 16 shares during the last quarter. Concorde Asset Management LLC increased its position in shares of Deere & Company by 3.0% in the second quarter. Concorde Asset Management LLC now owns 581 shares of the industrial products company’s stock valued at $369,000 after acquiring an additional 17 shares during the last quarter. MCF Advisors LLC increased its position in shares of Deere & Company by 0.9% in the second quarter. MCF Advisors LLC now owns 1,999 shares of the industrial products company’s stock valued at $1,271,000 after acquiring an additional 17 shares during the last quarter. XY Planning Network Inc. increased its position in shares of Deere & Company by 2.3% in the third quarter. XY Planning Network Inc. now owns 765 shares of the industrial products company’s stock valued at $514,000 after acquiring an additional 17 shares during the last quarter. Finally, CRA Financial Services LLC raised its holdings in Deere & Company by 1.4% during the third quarter. CRA Financial Services LLC now owns 1,224 shares of the industrial products company’s stock worth $822,000 after acquiring an additional 17 shares in the last quarter. Institutional investors own 68.58% of the company’s stock.
Trending Headlines about Deere & Company
Investors following DE have been watching these headlines:
- Positive Sentiment: ETF activity showed net interest in Deere on Nov. 6: 36 ETFs added shares while 11 reduced holdings, with reported purchases totaling $86.4 million. This may indicate institutional demand, though the data are several days old. ETFs Bought $86.4 Million of Deere
- Neutral Sentiment: Deere will discuss fourth-quarter 2026 results on Nov. 25. The announcement sets a date for the next major financial update but provides no new performance guidance. Deere to Announce Fourth Quarter 2026 Financial Results
- Negative Sentiment: Deere plans to close two Iowa plants and move some production to other U.S. facilities and Brazil, citing the need to align capacity with demand. The restructuring could improve efficiency over time, but closures and production shifts bring execution and workforce uncertainty. Deere to End Production at Two Iowa Plants
Analyst Upgrades and Downgrades
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Deere & Company Stock Performance
Shares of NYSE DE opened at $691.45 on Thursday. 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 firm has a market cap of $186.43 billion, a price-to-earnings ratio of 38.20, a P/E/G ratio of 1.95 and a beta of 0.89. The stock’s fifty day moving average price is $669.14 and its two-hundred day moving average price is $610.65. Deere & Company has a one year low of $455.90 and a one year high of $721.22.
Deere & Company (NYSE:DE – Get Free Report) last posted its earnings results on Thursday, August 20th. The industrial products company reported $5.10 earnings per share for the quarter, topping analysts’ consensus estimates of $4.69 by $0.41. Deere & Company had a return on equity of 18.10% and a net margin of 10.16%. The company had revenue of $12.61 billion during the quarter, compared to the consensus estimate of $10.81 billion. During the same quarter last year, the firm earned $4.75 earnings per share. The company’s revenue was up 6.2% on a year-over-year basis. On average, equities analysts forecast that Deere & Company will post 18.11 EPS for the current year.
Deere & Company Announces Dividend
The firm also recently disclosed a quarterly dividend, which was paid on Monday, November 9th. Shareholders of record on Wednesday, September 30th were paid a $1.62 dividend. The ex-dividend date was Wednesday, September 30th. This represents a $6.48 annualized dividend and a yield of 0.9%. Deere & Company’s payout ratio is 36.00%.
Deere & Company Profile
Deere & Company, commonly known as John Deere, manufactures and distributes equipment and technology for agriculture, construction, forestry, and lawn care. Its products include tractors, combines, planting and spraying equipment, construction machinery, forestry equipment, and turf-care products, along with related parts and services. The company also provides precision agriculture technologies designed to help customers monitor and manage equipment and field operations. Through its Financial Services business, Deere offers financing and leasing options for equipment and related products.
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