Ashton Thomas Private Wealth LLC Has $5.28 Million Position in Deere & Company $DE

Key Points

• Ashton Thomas Private Wealth LLC reduced its Deere & Company stake by 34.8% in Q4, selling 6,015 shares and retaining 11,293 shares worth about $5.28 million.
• Deere beat quarterly estimates with EPS of $2.42 vs. $1.90 expected and revenue of $9.61 billion vs. $7.50 billion expected, a 17.5% year-over-year revenue increase that supported strong margins.
• The company announced a quarterly dividend of $1.62 ($6.48 annualized, 1.1% yield) and analysts have raised targets—consensus rating is a Moderate Buy with an average price target of $655.45.

Ashton Thomas Private Wealth LLC reduced its holdings in Deere & Company (NYSE:DE - Free Report) by 34.8% during the 4th quarter, according to its most recent filing with the Securities and Exchange Commission. The fund owned 11,293 shares of the industrial products company's stock after selling 6,015 shares during the period. Ashton Thomas Private Wealth LLC's holdings in Deere & Company were worth $5,276,000 at the end of the most recent reporting period.

A number of other hedge funds and other institutional investors also recently modified their holdings of DE. M&T Bank Corp grew its position in shares of Deere & Company by 1,199.8% in the 4th quarter. M&T Bank Corp now owns 1,864,701 shares of the industrial products company's stock valued at $868,149,000 after acquiring an additional 1,721,239 shares during the period. Van ECK Associates Corp grew its position in shares of Deere & Company by 278.0% in the 3rd quarter. Van ECK Associates Corp now owns 487,697 shares of the industrial products company's stock valued at $223,005,000 after acquiring an additional 358,687 shares during the period. Invesco Ltd. grew its position in shares of Deere & Company by 21.7% in the 3rd quarter. Invesco Ltd. now owns 1,815,007 shares of the industrial products company's stock valued at $829,930,000 after acquiring an additional 323,512 shares during the period. Capital World Investors grew its position in shares of Deere & Company by 5.5% in the 3rd quarter. Capital World Investors now owns 6,233,740 shares of the industrial products company's stock valued at $2,850,687,000 after acquiring an additional 322,582 shares during the period. Finally, Two Sigma Investments LP bought a new position in shares of Deere & Company in the 3rd quarter valued at about $143,519,000. Institutional investors own 68.58% of the company's stock.

Deere & Company Price Performance

Shares of NYSE:DE opened at $568.76 on Tuesday. The firm has a 50 day moving average of $592.93 and a 200-day moving average of $527.35. The stock has a market capitalization of $153.63 billion, a PE ratio of 32.06, a PEG ratio of 1.96 and a beta of 0.98. Deere & Company has a 12 month low of $433.00 and a 12 month high of $674.19. The company has a current ratio of 2.21, a quick ratio of 1.96 and a debt-to-equity ratio of 1.59.

Deere & Company (NYSE:DE - Get Free Report) last released its quarterly earnings data on Thursday, February 19th. The industrial products company reported $2.42 earnings per share (EPS) for the quarter, topping analysts' consensus estimates of $1.90 by $0.52. Deere & Company had a net margin of 10.29% and a return on equity of 18.93%. The business had revenue of $9.61 billion during the quarter, compared to analysts' expectations of $7.50 billion. During the same period in the prior year, the company earned $3.19 EPS. The firm's quarterly revenue was up 17.5% compared to the same quarter last year. On average, equities research analysts predict that Deere & Company will post 18.01 EPS for the current fiscal year.

Deere & Company Announces Dividend

The business also recently announced a quarterly dividend, which will be paid on Friday, May 8th. Investors of record on Tuesday, March 31st will be paid a dividend of $1.62 per share. The ex-dividend date of this dividend is Tuesday, March 31st. This represents a $6.48 annualized dividend and a yield of 1.1%. Deere & Company's dividend payout ratio is currently 36.53%.

Key Deere & Company News

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

• Positive Sentiment: Analyst/bull write-ups highlight Deere as a buy, arguing the company is attractively valued versus its cycle and benefits from durable pricing power and strong margins; these bullish narratives can attract buyers and support the rally. Is Deere & Company (DE) A Good Stock To Buy Now?
• Positive Sentiment: Deere’s recent quarterly results (Feb. 19) beat EPS and revenue estimates, showing resilient margins and revenue growth; that earnings beat remains a fundamental tailwind that supports higher valuations and investor confidence.
• Neutral Sentiment: A 247WallStreet piece frames Deere and Caterpillar at different cycle points — Deere is described as “one quarter ahead,” calling 2026 the bottom of the large agriculture cycle while construction rebounds for peers. This positions Deere as a value/cycle play rather than a momentum story, which can temper fast rallies but attract longer-term value investors. Caterpillar and Deere Hit Opposite Cycle Peaks: One Rides Momentum, One Hunts Value
• Negative Sentiment: John Deere agreed to a $99 million settlement tied to repairability/regulatory issues; litigation and regulatory scrutiny on repair rights could raise compliance costs, reputational risk, and operational uncertainty — a potential headwind for sentiment and margins. John Deere's $99 million settlement could change the future of automotive repairs

Analysts Set New Price Targets

A number of research analysts have recently commented on the stock. DA Davidson lifted their price objective on shares of Deere & Company from $580.00 to $775.00 and gave the company a "buy" rating in a research report on Friday, February 20th. Sanford C. Bernstein lifted their price objective on shares of Deere & Company from $521.00 to $615.00 and gave the company a "market perform" rating in a research report on Friday, February 20th. Oppenheimer reissued an "outperform" rating and issued a $715.00 price objective on shares of Deere & Company in a research report on Friday, February 20th. Royal Bank Of Canada lifted their price objective on shares of Deere & Company from $541.00 to $736.00 and gave the company an "outperform" rating in a research report on Friday, February 20th. Finally, Morgan Stanley lifted their price objective on shares of Deere & Company from $560.00 to $730.00 and gave the company an "overweight" rating in a research report on Monday, February 23rd. Sixteen 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, the stock has a consensus rating of "Moderate Buy" and an average price target of $655.45.

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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