Smith Chas P & Associates PA Cpas Makes New $474,000 Investment in Deere & Company $DE

Smith Chas P & Associates PA Cpas bought a new position in Deere & Company (NYSE:DE) in the fourth quarter, according to its most recent disclosure with the SEC. The firm bought 1,018 shares of the industrial products company’s stock, valued at approximately $474,000.

A number of other hedge funds and other institutional investors have also modified their holdings of DE. Cary Street Partners Financial LLC grew its holdings in shares of Deere & Company by 11.8% during the 4th quarter. Cary Street Partners Financial LLC now owns 10,312 shares of the industrial products company’s stock worth $4,801,000 after purchasing an additional 1,086 shares during the period. Spectrum Financial Alliance Ltd LLC grew its holdings in shares of Deere & Company by 55.8% during the 4th quarter. Spectrum Financial Alliance Ltd LLC now owns 85,351 shares of the industrial products company’s stock worth $39,737,000 after purchasing an additional 30,553 shares during the period. Compagnie Lombard Odier SCmA grew its holdings in shares of Deere & Company by 66.1% during the 3rd quarter. Compagnie Lombard Odier SCmA now owns 27,568 shares of the industrial products company’s stock worth $12,606,000 after purchasing an additional 10,974 shares during the period. Public Sector Pension Investment Board grew its holdings in shares of Deere & Company by 14.6% during the 3rd quarter. Public Sector Pension Investment Board now owns 21,174 shares of the industrial products company’s stock worth $9,682,000 after purchasing an additional 2,702 shares during the period. Finally, Ashton Thomas Private Wealth LLC grew its holdings in shares of Deere & Company by 263.8% during the 3rd quarter. Ashton Thomas Private Wealth LLC now owns 17,308 shares of the industrial products company’s stock worth $7,942,000 after purchasing an additional 12,551 shares during the period. 68.58% of the stock is owned by institutional investors and hedge funds.

Deere & Company News Summary

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 Analyst Weigh In

A number of research firms have recently weighed in on DE. Wells Fargo & Company increased their price target on Deere & Company from $543.00 to $750.00 and gave the stock an “overweight” rating in a report on Friday, February 20th. Oppenheimer reissued an “outperform” rating and issued a $680.00 target price (down from $715.00) on shares of Deere & Company in a research report on Wednesday. Morgan Stanley boosted their target price on Deere & Company from $560.00 to $730.00 and gave the company an “overweight” rating in a research report on Monday, February 23rd. Robert W. Baird cut their target price on Deere & Company from $580.00 to $525.00 and set a “neutral” rating on the stock in a research report on Friday, May 22nd. Finally, Wolfe Research boosted their target price on Deere & Company from $550.00 to $660.00 and gave the company an “outperform” rating in a research report on Tuesday, March 31st. Fifteen analysts have rated the stock with a Buy rating and nine have assigned a Hold rating to the stock. Based on data from MarketBeat.com, Deere & Company currently has an average rating of “Moderate Buy” and an average price target of $638.08.

Deere & Company Stock Performance

Shares of Deere & Company stock opened at $529.26 on Thursday. The business has a 50-day moving average of $573.56 and a 200 day moving average of $541.56. Deere & Company has a 12 month low of $433.00 and a 12 month high of $674.19. The stock has a market capitalization 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. The company has a debt-to-equity ratio of 1.54, a current ratio of 2.18 and a quick ratio of 1.95.

Deere & Company (NYSE:DE) last announced its earnings results on Thursday, May 21st. The industrial products company reported $6.55 EPS for the quarter, beating analysts’ consensus estimates of $5.70 by $0.85. Deere & Company had a return on equity of 18.25% and a net margin of 10.09%.The company had revenue of $11.78 billion during the quarter, compared to analysts’ expectations of $11.55 billion. During the same period last year, the business posted $6.64 EPS. Deere & Company’s revenue for the quarter was up 5.4% on a year-over-year basis. As a group, sell-side analysts forecast that Deere & Company will post 18.05 earnings per share for the current year.

Deere & Company Dividend Announcement

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

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.