Daiichi Life Insurance Co. Ltd. Purchases New Shares in Deere & Company $DE

Daiichi Life Insurance Co. Ltd. acquired a new stake in Deere & Company (NYSE:DE) in the 2nd quarter, HoldingsChannel reports. The institutional investor acquired 7,361 shares of the industrial products company’s stock, valued at approximately $4,669,000.

A number of other institutional investors and hedge funds also recently bought and sold shares of the business. Mowery & Schoenfeld Wealth Management LLC acquired a new position in Deere & Company during the 2nd quarter worth about $27,000. Kilter Group LLC bought a new stake in Deere & Company during the 2nd quarter worth about $29,000. Portus Wealth Advisors LLC acquired a new stake in Deere & Company in the 1st quarter valued at about $32,000. Timmons Wealth Management LLC acquired a new stake in Deere & Company in the 4th quarter valued at about $29,000. Finally, Harborfront Financial Group LLC bought a new position in shares of Deere & Company in the second quarter worth about $39,000. Institutional investors and hedge funds 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: Q3 earnings and revenue beat expectations. Deere reported earnings of $5.10 per share, up from $4.75 a year earlier, on revenue of $12.61 billion, which rose about 6% year over year and exceeded analyst estimates. Deere Reports Third Quarter Net Income
• Positive Sentiment: Management raised its fiscal 2026 outlook. Deere increased its net-income forecast to $4.75 billion-$5.00 billion and expects $5.0 billion-$5.5 billion in equipment-operations cash flow, improving confidence in profitability and cash generation. Deere Raises FY2026 Outlook
• Positive Sentiment: Construction and forestry provided the key growth engine. Demand for bulldozers, excavators and other earth-moving equipment is largely booked through the rest of the year, supported by data-center and energy-infrastructure construction tied to artificial-intelligence investment. Deere Lifts Sales Guidance
• Positive Sentiment: The agricultural cycle may be nearing a bottom. Executives characterized fiscal 2026 as the likely trough for the agricultural equipment cycle and pointed to improving early order trends and potentially stronger demand in 2027. Deere also recognized $110 million in tariff refunds during the quarter. DE Q3 Earnings Call Highlights
• Neutral Sentiment: Analyst reactions were mixed but generally reflected higher estimates. Robert W. Baird raised its target to $640 and JPMorgan increased its target to $585, while both retained neutral ratings. Other analysts lifted targets as high as $685, indicating expectations have improved but also that valuation and limited near-term upside remain concerns. Deere Analysts Increase Forecasts
• Negative Sentiment: Agriculture remains a constraint. Production and precision agriculture demand is still weak, and Bank of America cautioned that any recovery may be gradual rather than a sharp cyclical rebound. The stock’s elevated valuation could make it vulnerable if farm-market improvement is delayed.

Deere & Company Stock Performance

Deere & Company stock opened at $648.61 on Monday. The company has a market cap of $175.09 billion, a PE ratio of 36.03, a PEG ratio of 2.74 and a beta of 0.90. The company has a current ratio of 2.10, a quick ratio of 1.89 and a debt-to-equity ratio of 1.45. Deere & Company has a 1 year low of $433.00 and a 1 year high of $674.19. The company’s 50-day moving average is $606.90 and its two-hundred day moving average is $591.15.

Deere & Company (NYSE:DE) last issued its quarterly earnings results on Thursday, August 20th. The industrial products company reported $5.10 EPS for the quarter, topping the consensus estimate of $4.69 by $0.41. The company had revenue of $12.61 billion during the quarter, compared to analysts’ expectations of $10.81 billion. Deere & Company had a net margin of 10.16% and a return on equity of 18.10%. Deere & Company’s revenue was up 6.2% on a year-over-year basis. During the same quarter in the previous year, the company earned $4.75 EPS. Equities analysts anticipate that Deere & Company will post 18.23 earnings per share for the current year.

Deere & Company Dividend Announcement

The firm also recently disclosed a quarterly dividend, which was paid on Monday, August 10th. Shareholders of record on Tuesday, June 30th were paid a $1.62 dividend. The ex-dividend date of this dividend was Tuesday, June 30th. This represents a $6.48 dividend on an annualized basis and a yield of 1.0%. Deere & Company’s dividend payout ratio (DPR) is presently 36.00%.

Wall Street Analyst Weigh In

DE has been the topic of a number of research reports. Raymond James Financial reduced their target price on shares of Deere & Company from $765.00 to $700.00 and set an “outperform” rating on the stock in a research report on Friday, May 22nd. DA Davidson set a $585.00 price objective on shares of Deere & Company in a research report on Friday. Robert W. Baird upped their price objective on Deere & Company from $525.00 to $640.00 and gave the stock a “neutral” rating in a report on Friday. UBS Group decreased their price objective on Deere & Company from $732.00 to $728.00 and set a “buy” rating on the stock in a research report on Friday. Finally, Citigroup lifted their target price on Deere & Company from $610.00 to $650.00 and gave the company a “neutral” rating in a research note on Friday. Fourteen equities research analysts have rated the stock with a Buy rating and nine have issued a Hold rating to the stock. According to data from MarketBeat.com, Deere & Company currently has a consensus rating of “Moderate Buy” and a consensus target price of $643.38.

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.