De Lisle Partners LLP Takes Position in Deere & Company $DE

De Lisle Partners LLP bought a new position in shares of Deere & Company (NYSE:DE - Free Report) during the second quarter, according to its most recent disclosure with the Securities and Exchange Commission (SEC). The fund bought 12,500 shares of the industrial products company's stock, valued at approximately $7,924,000.

Other institutional investors and hedge funds also recently modified their holdings of the company. Mowery & Schoenfeld Wealth Management LLC purchased a new position in shares of Deere & Company in the second quarter worth approximately $27,000. Kilter Group LLC purchased a new stake in shares of Deere & Company in the 2nd quarter valued at approximately $29,000. Timmons Wealth Management LLC acquired a new position in Deere & Company in the 4th quarter worth approximately $29,000. McIlrath & Eck LLC acquired a new position in Deere & Company in the 4th quarter worth approximately $30,000. Finally, Portus Wealth Advisors LLC purchased a new position in Deere & Company during the 1st quarter worth approximately $32,000. Institutional investors and hedge funds own 68.58% of the company's stock.

Deere & Company Stock Up 4.5%

Shares of Deere & Company stock opened at $648.61 on Friday. The firm has a market cap of $175.09 billion, a price-to-earnings ratio of 36.03, a P/E/G ratio of 2.74 and a beta of 0.90. The stock has a 50-day simple moving average of $606.90 and a 200-day simple moving average of $590.75. Deere & Company has a 52-week low of $433.00 and a 52-week high of $674.19. The company has a debt-to-equity ratio of 1.45, a current ratio of 2.10 and a quick ratio of 1.95.

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, topping analysts' consensus estimates of $4.69 by $0.41. The firm had revenue of $12.61 billion for the quarter, compared to the consensus estimate of $10.81 billion. Deere & Company had a return on equity of 18.10% and a net margin of 10.16%.The firm's revenue was up 6.2% on a year-over-year basis. During the same quarter in the prior year, the company posted $4.75 earnings per share. On average, equities research analysts expect that Deere & Company will post 18.23 earnings per share for the current fiscal 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 paid a dividend of $1.62 per share. The ex-dividend date was Tuesday, June 30th. This represents a $6.48 annualized dividend and a dividend yield of 1.0%. Deere & Company's dividend payout ratio is 36.00%.

Key Headlines Impacting 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.

Analyst Upgrades and Downgrades

A number of analysts have recently issued reports on DE shares. Raymond James Financial reduced their target price on Deere & Company from $765.00 to $700.00 and set an "outperform" rating for the company in a report on Friday, May 22nd. Royal Bank Of Canada reiterated an "outperform" rating and set a $752.00 price target on shares of Deere & Company in a report on Monday, June 1st. JPMorgan Chase & Co. raised their price objective on Deere & Company from $570.00 to $585.00 and gave the stock a "neutral" rating in a research report on Friday. Wall Street Zen downgraded Deere & Company from a "hold" rating to a "sell" rating in a report on Saturday. Finally, Oppenheimer boosted their price objective on shares of Deere & Company from $680.00 to $685.00 and gave the company an "outperform" rating in a research report on Thursday. Fourteen investment analysts have rated the stock with a Buy rating and nine have issued a Hold rating to the stock. According to data from MarketBeat, the company presently has an average rating of "Moderate Buy" and an average price target 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.

This instant news alert was generated by narrative science technology and financial data from MarketBeat in order to provide readers with the fastest reporting and unbiased coverage. Please send any questions or comments about this story to contact@marketbeat.com.

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