18,438 Shares in Deere & Company $DE Acquired by B. Metzler seel. Sohn & Co. AG

Key Points

• B. Metzler seel. Sohn & Co. AG acquired 18,438 Deere shares worth approximately $11.7 million, while institutional investors collectively own 68.58% of the company.
• Deere reported fiscal Q3 earnings of $5.10 per share on $12.61 billion in revenue, beating analyst expectations and increasing revenue 6.2% year over year.
• Management raised fiscal 2026 net-income guidance to $4.75 billion-$5.00 billion, supported by strength in Construction & Forestry and Small Agriculture & Turf, though weak farm conditions, tariffs and elevated valuation remain risks.

B. Metzler seel. Sohn & Co. AG bought a new position in shares of Deere & Company (NYSE:DE - Free Report) during the 2nd quarter, according to the company in its most recent Form 13F filing with the Securities and Exchange Commission. The fund bought 18,438 shares of the industrial products company's stock, valued at approximately $11,696,000.

A number of other hedge funds have also bought and sold shares of DE. Cary Street Partners Financial LLC increased its position in shares of Deere & Company by 11.8% in the fourth quarter. Cary Street Partners Financial LLC now owns 10,312 shares of the industrial products company's stock valued at $4,801,000 after buying an additional 1,086 shares in the last quarter. Baxter Bros Inc. acquired a new position in shares of Deere & Company during the 2nd quarter worth approximately $1,707,000. Global Retirement Partners LLC purchased a new position in shares of Deere & Company during the 2nd quarter valued at approximately $3,890,000. Spectrum Financial Alliance Ltd LLC grew its stake in Deere & Company by 55.8% in the 4th quarter. Spectrum Financial Alliance Ltd LLC now owns 85,351 shares of the industrial products company's stock valued at $39,737,000 after acquiring an additional 30,553 shares during the period. Finally, Westpac Banking Corp grew its stake in Deere & Company by 78.6% in the 4th quarter. Westpac Banking Corp now owns 6,925 shares of the industrial products company's stock valued at $3,224,000 after acquiring an additional 3,047 shares during the period. Institutional investors and hedge funds own 68.58% of the company's stock.

Key Deere & Company News

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

• Positive Sentiment: Deere reported fiscal Q3 net income of $1.379 billion, or $5.10 per share, up from $4.75 per share a year earlier. Revenue rose approximately 6% to $12.61 billion, exceeding analyst expectations for both earnings and sales. Deere Reports Third Quarter Net Income of $1.379 Billion
• Positive Sentiment: Management raised fiscal 2026 net-income guidance to $4.75 billion-$5.00 billion, from a prior range of $4.50 billion-$5.00 billion, and expects $5 billion-$5.5 billion in equipment-operations cash flow. Deere Raises FY2026 Net Income Outlook
• Positive Sentiment: The Construction & Forestry and Small Agriculture & Turf divisions provided the main upside, with demand tied to energy infrastructure and data-center construction supporting Deere’s nonfarm businesses. The company also indicated that fiscal 2026 could mark the bottom of the current agricultural equipment cycle. Deere Stock Soars After Construction Unit Drives Earnings Beat
• Neutral Sentiment: Management cited improving early order trends, used-equipment inventories and resilient parts demand, which may support a gradual recovery; however, the broader farm-equipment rebound is expected to be more pronounced in 2027. Deere Narrows Profit Outlook as Farm Recovery Seen in 2027
• Negative Sentiment: Production agriculture remains pressured by weak farm conditions, while tariffs and regional sales weakness could weigh on margins and demand. The stock’s strong earnings reaction also leaves valuation and expectations elevated, increasing sensitivity to any signs that the agricultural recovery is delayed.

Deere & Company Price Performance

Shares of NYSE DE opened at $624.38 on Friday. The firm has a 50-day simple moving average of $605.47 and a 200-day simple moving average of $590.34. The stock has a market capitalization of $168.55 billion, a price-to-earnings ratio of 35.38, a price-to-earnings-growth ratio of 2.46 and a beta of 0.90. The company has a quick ratio of 1.95, a current ratio of 2.18 and a debt-to-equity ratio of 1.54. Deere & Company has a 52 week low of $433.00 and a 52 week high of $674.19.

Deere & Company (NYSE:DE - Get Free Report) last released its quarterly earnings data on Thursday, August 20th. The industrial products company reported $5.10 EPS for the quarter, beating analysts' consensus estimates of $4.69 by $0.41. Deere & Company had a net margin of 10.09% and a return on equity of 18.25%. The company had revenue of $12.61 billion during the quarter, compared to the consensus estimate of $10.81 billion. During the same quarter in the prior year, the firm earned $4.75 EPS. Deere & Company's quarterly revenue was up 6.2% on a year-over-year basis. On average, equities analysts predict that Deere & Company will post 18.21 earnings per share for the current fiscal year.

Deere & Company Dividend Announcement

The business also recently announced 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 dividend yield of 1.0%. Deere & Company's dividend payout ratio (DPR) is 36.71%.

Wall Street Analyst Weigh In

A number of equities analysts have weighed in on the stock. Raymond James Financial reduced their price objective on shares of Deere & Company from $765.00 to $700.00 and set an "outperform" rating for the company in a research report on Friday, May 22nd. Royal Bank Of Canada reiterated an "outperform" rating and issued a $752.00 target price on shares of Deere & Company in a research report on Monday, June 1st. DA Davidson reissued a "buy" rating and set a $685.00 target price on shares of Deere & Company in a research note on Friday, July 17th. Citigroup upped their price target on shares of Deere & Company from $575.00 to $610.00 and gave the stock a "neutral" rating in a research report on Tuesday, July 14th. Finally, Wall Street Zen raised shares of Deere & Company from a "sell" rating to a "hold" rating in a research note on Sunday, July 5th. Fourteen research analysts have rated the stock with a Buy rating and nine have assigned a Hold rating to the company's stock. According to data from MarketBeat.com, Deere & Company currently has an average rating of "Moderate Buy" and a consensus price target of $641.98.

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.

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