Huntington National Bank Sells 1,624 Shares of Deere & Company $DE

Huntington National Bank cut its position in Deere & Company (NYSE:DE) by 3.3% during the 4th quarter, according to the company in its most recent Form 13F filing with the Securities and Exchange Commission (SEC). The firm owned 48,241 shares of the industrial products company’s stock after selling 1,624 shares during the quarter. Huntington National Bank’s holdings in Deere & Company were worth $22,460,000 at the end of the most recent reporting period.

Other hedge funds have also recently made changes to their positions in the company. Kingsview Wealth Management LLC boosted its holdings in Deere & Company by 24.2% in the 4th quarter. Kingsview Wealth Management LLC now owns 7,014 shares of the industrial products company’s stock worth $3,265,000 after buying an additional 1,365 shares during the period. Smith Chas P & Associates PA Cpas bought a new position in Deere & Company in the 4th quarter worth approximately $474,000. Texas Capital Bank Wealth Management Services Inc boosted its holdings in Deere & Company by 19.0% in the 4th quarter. Texas Capital Bank Wealth Management Services Inc now owns 33,040 shares of the industrial products company’s stock worth $15,382,000 after buying an additional 5,281 shares during the period. Community Bank & Trust Waco Texas boosted its holdings in Deere & Company by 1.8% in the 4th quarter. Community Bank & Trust Waco Texas now owns 2,905 shares of the industrial products company’s stock worth $1,352,000 after buying an additional 50 shares during the period. Finally, Geode Capital Management LLC boosted its holdings in Deere & Company by 0.3% in the 4th quarter. Geode Capital Management LLC now owns 5,600,552 shares of the industrial products company’s stock worth $2,609,149,000 after buying an additional 17,269 shares during the period. 68.58% of the stock is currently owned by institutional investors.

Key Stories Impacting Deere & Company

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

• Positive Sentiment: RBC raised its price target on Deere to $752 and reiterated an outperform rating, citing solid fiscal Q2 execution and resilience despite tough core market conditions.
• Positive Sentiment: Truist also maintained a buy rating on Deere, reflecting continued confidence in the company’s earnings power and long-term outlook.
• Positive Sentiment: Deere announced a quarterly dividend of $1.62 per share, reinforcing its return-of-capital story for income-focused investors. Deere & Company Announces Quarterly Dividend
• Positive Sentiment: Thoughtworks was recognized as a Partner-level supplier in Deere’s Achieving Excellence Program, highlighting Deere’s focus on supplier quality and operational excellence. Thoughtworks Recognized as John Deere Partner-Level Supplier in 2026 Achieving Excellence Program
• Neutral Sentiment: Deere remains a heavily watched stock on Zacks, suggesting investor attention is elevated, but this is not a direct fundamental catalyst. Here is What to Know Beyond Why Deere & Company (DE) is a Trending Stock
• Neutral Sentiment: Planet Labs received a Deere sustainability award, which reflects Deere’s supplier standards but is unlikely to move the stock on its own. Planet Labs PBC Receives John Deere Sustainability Award
• Negative Sentiment: Benzinga reported fading stock momentum, weaker agricultural conditions, and fertilizer cost pressure tied to geopolitical risks, suggesting near-term headwinds for Deere’s shares.

Wall Street Analysts Forecast Growth

Several research analysts recently commented on DE shares. Royal Bank Of Canada raised their price objective on shares of Deere & Company from $736.00 to $752.00 and gave the stock an “outperform” rating in a report on Tuesday. DA Davidson cut their price objective on shares of Deere & Company from $775.00 to $685.00 and set a “buy” rating for the company in a report on Friday, May 22nd. Robert W. Baird cut their price objective on shares of Deere & Company from $580.00 to $525.00 and set a “neutral” rating for the company in a report on Friday, May 22nd. Jefferies Financial Group raised shares of Deere & Company from an “underperform” rating to a “hold” rating and set a $550.00 price objective for the company in a report on Wednesday, April 8th. Finally, BMO Capital Markets upped their price target on Deere & Company from $460.00 to $500.00 and gave the company a “market perform” rating in a research report on Friday, February 20th. Fifteen investment analysts have rated the stock with a Buy rating and nine have given a Hold rating to the company. Based on data from MarketBeat.com, the company presently has an average rating of “Moderate Buy” and a consensus target price of $638.08.

Deere & Company Stock Up 0.0%

DE stock opened at $529.26 on Thursday. The company has a current ratio of 2.18, a quick ratio of 1.95 and a debt-to-equity ratio of 1.54. The company’s 50 day moving average is $573.56 and its 200 day moving average is $541.56. The stock has a market cap of $142.96 billion, a price-to-earnings ratio of 29.99, a price-to-earnings-growth ratio of 1.97 and a beta of 0.96. Deere & Company has a 1-year low of $433.00 and a 1-year high of $674.19.

Deere & Company (NYSE:DE) last posted its quarterly earnings data on Thursday, May 21st. The industrial products company reported $6.55 earnings per share for the quarter, topping the consensus estimate of $5.70 by $0.85. The company had revenue of $11.78 billion for the quarter, compared to analysts’ expectations of $11.55 billion. Deere & Company had a net margin of 10.09% and a return on equity of 18.25%. Deere & Company’s revenue for the quarter was up 5.4% compared to the same quarter last year. During the same period in the prior year, the business earned $6.64 earnings per share. Sell-side analysts predict that Deere & Company will post 18.05 EPS for the current fiscal year.

Deere & Company Announces Dividend

The business also recently announced a quarterly dividend, which will be paid on Monday, August 10th. Investors of record on Tuesday, June 30th will be given a $1.62 dividend. The ex-dividend date is Tuesday, June 30th. This represents a $6.48 annualized dividend and a yield of 1.2%. Deere & Company’s payout ratio is 36.71%.

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.