Algebris UK Ltd. Takes $1.82 Million Position in Deere & Company $DE

Key Points

• Algebris UK Ltd. purchased 2,880 Deere shares worth approximately $1.82 million during the second quarter, while institutional investors collectively own 68.58% of the company.
• Deere shares recently traded at $580.06, down 1.5%, despite the company exceeding quarterly earnings and revenue expectations with $6.55 in EPS and $13.37 billion in revenue.
• Analysts maintain a Moderate Buy consensus with an average price target of $641.98, though estimates reflect concerns about declining farm-sector revenue, production costs and the company’s upcoming earnings outlook.

Algebris UK Ltd. purchased a new position in Deere & Company (NYSE:DE - Free Report) in the second quarter, according to its most recent Form 13F filing with the Securities & Exchange Commission. The institutional investor purchased 2,880 shares of the industrial products company's stock, valued at approximately $1,821,000.

Several other institutional investors have also made changes to their positions in DE. Brighton Jones LLC lifted its holdings in shares of Deere & Company by 39.1% during the 4th quarter. Brighton Jones LLC now owns 4,548 shares of the industrial products company's stock valued at $1,927,000 after buying an additional 1,278 shares during the last quarter. Schnieders Capital Management LLC. raised its position in Deere & Company by 7.8% during the second quarter. Schnieders Capital Management LLC. now owns 2,076 shares of the industrial products company's stock valued at $1,056,000 after acquiring an additional 150 shares in the last quarter. Jump Financial LLC bought a new position in Deere & Company during the second quarter valued at approximately $2,153,000. NewEdge Advisors LLC lifted its stake in Deere & Company by 6.0% in the second quarter. NewEdge Advisors LLC now owns 18,758 shares of the industrial products company's stock valued at $9,538,000 after acquiring an additional 1,067 shares during the last quarter. Finally, Main Street Financial Solutions LLC lifted its stake in Deere & Company by 6.7% in the second quarter. Main Street Financial Solutions LLC now owns 1,551 shares of the industrial products company's stock valued at $789,000 after acquiring an additional 97 shares during the last quarter. 68.58% of the stock is currently owned by institutional investors and hedge funds.

Deere & Company Trading Down 1.5%

Shares of DE stock opened at $580.06 on Thursday. Deere & Company has a 12 month low of $433.00 and a 12 month high of $674.19. The company has a market cap of $156.58 billion, a PE ratio of 32.86, a price-to-earnings-growth ratio of 2.49 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. The business's 50 day moving average is $604.36 and its two-hundred day moving average is $589.65.

Deere & Company (NYSE:DE - Get Free Report) last issued its quarterly earnings data on Thursday, May 21st. The industrial products company reported $6.55 earnings per share for the quarter, topping analysts' consensus estimates of $5.70 by $0.85. The business had revenue of $13.37 billion during 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% on a year-over-year basis. During the same period in the previous year, the company earned $6.64 earnings per share. Equities analysts predict that Deere & Company will post 18.21 EPS for the current year.

Deere & Company Announces Dividend

The firm also recently declared a quarterly dividend, which was paid on Monday, August 10th. Stockholders of record on Tuesday, June 30th were given a $1.62 dividend. This represents a $6.48 annualized dividend and a dividend yield of 1.1%. The ex-dividend date of this dividend was Tuesday, June 30th. Deere & Company's dividend payout ratio (DPR) is currently 36.71%.

Wall Street Analysts Forecast Growth

Several research analysts have recently commented on DE shares. Raymond James Financial dropped their price target on shares of Deere & Company from $765.00 to $700.00 and set an "outperform" rating on the stock in a research note on Friday, May 22nd. Royal Bank Of Canada reaffirmed an "outperform" rating and issued a $752.00 price objective on shares of Deere & Company in a research note on Monday, June 1st. Wall Street Zen upgraded shares of Deere & Company from a "sell" rating to a "hold" rating in a report on Sunday, July 5th. Oppenheimer reissued an "outperform" rating and set a $680.00 target price (down from $715.00) on shares of Deere & Company in a research report on Wednesday, May 27th. Finally, DA Davidson restated a "buy" rating and set a $685.00 target price on shares of Deere & Company in a report on Friday, July 17th. Fourteen investment analysts have rated the stock with a Buy rating and nine have given a Hold rating to the company's stock. Based on data from MarketBeat.com, Deere & Company has an average rating of "Moderate Buy" and an average price target of $641.98.

Key Stories Impacting Deere & Company

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

• Positive Sentiment: Analysts expect Deere to report approximately $4.70–$4.79 in earnings per share and about $10.73–$10.78 billion in revenue. Although revenue would be below the prior-year quarter, the estimates have reportedly moved higher ahead of the release, creating potential for a positive reaction if Deere beats expectations. Deere Set to Report Q3 Earnings
• Positive Sentiment: Investors are watching whether Deere’s precision-agriculture technology and exposure to data-center-related infrastructure can support growth beyond traditional farm machinery. Evidence of resilient technology demand or stronger margins could reinforce the company’s longer-term investment narrative. Deere Q3 Preview
• Neutral Sentiment: The earnings announcement is the immediate catalyst, with investors focused on management’s outlook for agriculture, construction equipment, inventories and full-year profitability. Analysts remain mixed, including JPMorgan’s Neutral rating, suggesting expectations are not uniformly bullish. Deere Dividends Ahead of Q3 Earnings
• Negative Sentiment: Consensus revenue of roughly $10.73 billion would decline from $12.02 billion a year earlier, reflecting pressure in the farming sector. Weak farm spending and elevated production costs could weigh on margins and make it harder for Deere to deliver a strong outlook. Deere Earnings and Precision Agriculture

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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