Keybank National Association OH cut its holdings in Deere & Company (NYSE:DE – Free Report) by 3.5% in the 3rd quarter, according to the company in its most recent filing with the Securities and Exchange Commission. The institutional investor owned 51,438 shares of the industrial products company’s stock after selling 1,882 shares during the period. Keybank National Association OH’s holdings in Deere & Company were worth $34,543,000 as of its most recent filing with the Securities and Exchange Commission.
A number of other hedge funds and other institutional investors also recently made changes to their positions in DE. Mowery & Schoenfeld Wealth Management LLC acquired a new stake in Deere & Company during the second quarter worth approximately $27,000. Kilter Group LLC bought a new stake in Deere & Company in the second quarter worth approximately $29,000. Solstein Capital LLC bought a new stake in Deere & Company in the second quarter worth approximately $30,000. Orion Capital Management LLC bought a new stake in Deere & Company in the second quarter worth approximately $32,000. Finally, Downshift Financial LLC lifted its stake in Deere & Company by 218.8% in the third quarter. Downshift Financial LLC now owns 51 shares of the industrial products company’s stock valued at $34,000 after buying an additional 35 shares during the period. 68.58% of the stock is owned by institutional investors and hedge funds.
Deere & Company Price Performance
DE stock 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 company’s 50-day moving average is $669.14 and its 200-day moving average is $610.65. The stock has a market capitalization of $186.43 billion, a PE ratio of 38.41, a price-to-earnings-growth ratio of 1.95 and a beta of 0.89. Deere & Company has a 1 year low of $455.90 and a 1 year high of $721.22.
Deere & Company Dividend Announcement
The company also recently declared a quarterly dividend, which was paid on Monday, November 9th. Shareholders of record on Wednesday, September 30th were issued 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 dividend payout ratio is presently 36.00%.
Recent Deere & Company Headlines
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: A Seeking Alpha commentary argues Deere’s shares are looking expensive, highlighting valuation as a potential risk if growth or earnings expectations disappoint. Deere & Company Is Getting Awfully Pricey
Wall Street Analyst Weigh In
DE has been the topic of a number of research analyst reports. Seaport Research Partners set a $570.00 price target on Deere & Company in a report on Friday, August 14th. Oppenheimer raised their price objective on shares of Deere & Company from $680.00 to $685.00 and gave the stock an “outperform” rating in a research report on Thursday, August 20th. Royal Bank Of Canada reiterated an “outperform” rating and issued a $752.00 price objective on shares of Deere & Company in a research note on Monday, August 24th. Bank of America boosted their target price on shares of Deere & Company from $667.00 to $715.00 in a research report on Thursday, September 24th. Finally, Weiss Ratings upgraded shares of Deere & Company from a “hold (c)” rating to a “hold (c+)” rating in a research report on Monday, September 21st. Seventeen investment analysts have rated the stock with a Buy rating and eight have assigned a Hold rating to the company’s stock. Based on data from MarketBeat, the company has a consensus rating of “Moderate Buy” and a consensus price target of $688.10.
Check Out Our Latest Report on DE
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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