8,021 Shares in Deere & Company $DE Bought by Churchill Financial Advisors LLC

Key Points

• Churchill Financial Advisors LLC opened a new position in Deere & Company during the fourth quarter, buying 8,021 shares valued at about $3.73 million. Deere now ranks as the firm’s 24th-largest holding and makes up 1.1% of its portfolio.
• Institutional ownership in Deere remains high, with 68.58% of shares held by hedge funds and other investors. Several firms also increased their stakes significantly in recent quarters.
• Deere recently beat quarterly earnings and revenue estimates, but investors are still focused on weakness in its core agricultural business. The company kept its full-year net income outlook at $4.5 billion to $5.0 billion while raising its construction and forestry outlook on stronger demand tied to data center and AI infrastructure spending.

Churchill Financial Advisors LLC acquired a new position in shares of Deere & Company (NYSE:DE - Free Report) in the fourth quarter, according to its most recent 13F filing with the Securities & Exchange Commission. The institutional investor acquired 8,021 shares of the industrial products company's stock, valued at approximately $3,734,000. Deere & Company accounts for 1.1% of Churchill Financial Advisors LLC's portfolio, making the stock its 24th largest position.

Other hedge funds and other institutional investors have also added to or reduced their stakes in the company. Spectrum Financial Alliance Ltd LLC boosted its holdings 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 worth $39,737,000 after buying an additional 30,553 shares during the last quarter. Compagnie Lombard Odier SCmA boosted its holdings in Deere & Company by 66.1% in the 3rd quarter. Compagnie Lombard Odier SCmA now owns 27,568 shares of the industrial products company's stock worth $12,606,000 after buying an additional 10,974 shares during the last quarter. Ashton Thomas Private Wealth LLC boosted its holdings in Deere & Company by 263.8% in 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 buying an additional 12,551 shares during the last quarter. Public Sector Pension Investment Board boosted its holdings in Deere & Company by 14.6% in 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 buying an additional 2,702 shares during the last quarter. Finally, Eubel Brady & Suttman Asset Management Inc. acquired a new stake in Deere & Company in the 3rd quarter worth about $434,000. 68.58% of the stock is owned by hedge funds and other institutional investors.

Trending Headlines about Deere & Company

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

• Positive Sentiment: Deere beat Q2 estimates on both earnings and revenue, with EPS of $6.55 and sales of $13.37 billion, helped by strength in Construction & Forestry and Small Ag & Turf. Deere Beats Q2 Estimates, But Ag Weakness Weighs on Outlook
• Positive Sentiment: Management raised its Construction & Forestry outlook, citing strong demand tied to data center and AI infrastructure spending, which supports a non-farm growth engine for Deere. Deere forecasts FY2026 net income of $4.5B-$5B while lifting construction & forestry sales outlook to up ~20%
• Neutral Sentiment: Several analysts adjusted price targets after earnings, but most kept neutral or buy ratings, suggesting Wall Street sees limited near-term upside until the ag cycle improves. JPMorgan adjusts price target on Deere Co. to $560 from $550, maintains neutral rating
• Neutral Sentiment: Deere maintained its full-year net income forecast of $4.5 billion to $5.0 billion, which reassured investors on guidance but did not signal a stronger rebound in the core farm market. Deere beats second-quarter profit estimate but maintains full-year forecast
• Negative Sentiment: Weak Production & Precision Agriculture sales, down sharply year over year, remain the main concern and are weighing on investor sentiment about Deere’s earnings quality and valuation. Deere Beats Q2 Estimates, But Ag Weakness Weighs on Outlook
• Negative Sentiment: A new class-action lawsuit over right-to-repair practices adds another legal overhang, potentially raising questions about Deere’s aftermarket model and customer relations. Deere Lawsuit Puts Right To Repair Model And Aftermarket Profits Under Review

Deere & Company Price Performance

Deere & Company stock opened at $529.88 on Monday. Deere & Company has a 52-week low of $433.00 and a 52-week high of $674.19. The firm has a market capitalization of $143.13 billion, a price-to-earnings ratio of 30.02, a PEG ratio of 1.85 and a beta of 0.96. The company has a fifty day simple moving average of $576.52 and a 200-day simple moving average of $540.35. The company has a quick ratio of 1.96, a current ratio of 2.18 and a debt-to-equity ratio of 1.54.

Deere & Company (NYSE:DE - Get Free Report) last announced its quarterly earnings results on Thursday, May 21st. The industrial products company reported $6.55 earnings per share for the quarter, beating the consensus estimate of $5.70 by $0.85. The firm 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%. The company's revenue was up 5.4% compared to the same quarter last year. During the same quarter in the previous year, the company posted $6.64 EPS. On average, equities analysts anticipate that Deere & Company will post 18.05 EPS for the current fiscal year.

Deere & Company Announces Dividend

The company also recently declared a quarterly dividend, which was paid on Friday, May 8th. Stockholders of record on Tuesday, March 31st were given a dividend of $1.62 per share. The ex-dividend date of this dividend was Tuesday, March 31st. This represents a $6.48 annualized dividend and a dividend yield of 1.2%. Deere & Company's payout ratio is presently 36.53%.

Analyst Upgrades and Downgrades

Several equities research analysts have issued reports on the stock. Wall Street Zen raised shares of Deere & Company from a "sell" rating to a "hold" rating in a research note on Saturday, February 7th. Jefferies Financial Group raised shares of Deere & Company from an "underperform" rating to a "hold" rating and set a $550.00 target price for the company in a report on Wednesday, April 8th. Morgan Stanley upped their target price on shares of Deere & Company from $560.00 to $730.00 and gave the stock an "overweight" rating in a report on Monday, February 23rd. Bank of America dropped their target price on shares of Deere & Company from $672.00 to $607.50 and set a "neutral" rating for the company in a report on Friday. Finally, BMO Capital Markets upped their target price on shares of Deere & Company from $460.00 to $500.00 and gave the stock a "market perform" rating in a report on Friday, February 20th. Fifteen 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, the stock presently has an average rating of "Moderate Buy" and an average target price of $640.73.

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.

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