Deere & Company $DE Holdings Decreased by Oppenheimer & Co. Inc.

Key Points

• Oppenheimer trimmed its stake in Deere by 12.4% to 24,813 shares (worth $11.55M), while several large institutions — notably M&T Bank (+1,199.8% to 1,864,701 shares) and VanEck (+278%) — substantially increased positions, leaving institutional ownership at about 68.6%.
• Wall Street sentiment remains broadly positive with an average target of $655.45 and a "Moderate Buy" consensus (16 Buys, 9 Holds); Deere also reported an earnings beat (EPS $2.42 vs. $1.90) and revenue of $9.61B, up 17.5% year-over-year.
• Corporate actions include the appointment of Brent Norwood as CFO (internal hire) and a declared quarterly dividend of $1.62 (annualized $6.48, ~1.1% yield) with an ex-dividend date of March 31.

Oppenheimer & Co. Inc. trimmed its position in Deere & Company (NYSE:DE - Free Report) by 12.4% in the fourth quarter, according to its most recent 13F filing with the Securities and Exchange Commission. The fund owned 24,813 shares of the industrial products company's stock after selling 3,522 shares during the quarter. Oppenheimer & Co. Inc.'s holdings in Deere & Company were worth $11,552,000 as of its most recent filing with the Securities and Exchange Commission.

A number of other institutional investors have also made changes to their positions in DE. M&T Bank Corp increased its holdings 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 last quarter. Van ECK Associates Corp increased its holdings 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 last quarter. Invesco Ltd. increased its holdings 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 last quarter. Capital World Investors increased its holdings 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 last quarter. Finally, Two Sigma Investments LP acquired a new position in Deere & Company during the 3rd quarter valued at approximately $143,519,000. 68.58% of the stock is currently owned by institutional investors.

Wall Street Analyst Weigh In

A number of research firms recently issued reports on DE. Barclays boosted their price objective on Deere & Company from $530.00 to $640.00 and gave the company an "overweight" rating in a research report on Tuesday, March 31st. Robert W. Baird reduced their price objective on Deere & Company from $675.00 to $580.00 and set a "neutral" rating for the company in a research report on Thursday, April 2nd. Royal Bank Of Canada boosted their price objective on Deere & Company from $541.00 to $736.00 and gave the company an "outperform" rating in a research report on Friday, February 20th. Argus boosted their price objective on Deere & Company from $540.00 to $700.00 and gave the company a "buy" rating in a research report on Tuesday, March 3rd. Finally, Wall Street Zen upgraded Deere & Company from a "sell" rating to a "hold" rating in a research report on Saturday, February 7th. Sixteen equities research analysts have rated the stock with a Buy rating and nine have assigned a Hold rating to the stock. Based on data from MarketBeat, the company presently has an average rating of "Moderate Buy" and an average target price of $655.45.

Deere & Company News Summary

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

• Positive Sentiment: Board names Brent Norwood as CFO (internal hire), providing continuity after a formal internal/external search — this should reduce transition risk and supports financial execution. Deere & Company Board Elects Brent Norwood as Chief Financial Officer
• Neutral Sentiment: Sector/compiler commentary: a Trefis piece highlights Caterpillar’s valuation shift (higher multiple driven by AI/data-center demand), which can reframe investor comparisons within large-cap equipment names and encourage rotation or relative re-rating away from traditional ag-equipment plays like Deere. Has CAT Stock Run Ahead Of Its Valuation?
• Neutral Sentiment: Market note reporting intraday weakness: coverage pieces (Zacks) flagged that Deere shares slid while the broader market rose, signaling stock-specific profit-taking or repositioning by traders rather than a broad sector sell-off. Deere (DE) Stock Slides as Market Rises: Facts to Know Before You Trade
• Negative Sentiment: Analyst tweak: Erste Group slightly cut its FY2027 EPS forecast for Deere (a marginal reduction), which may have nudged sentiment downward given the stock’s rich multiples and recent strong performance — even small estimate reductions can trigger selling in high-PE industrial names. Erste trims FY2027 estimate for Deere

Deere & Company Stock Down 2.0%

DE opened at $578.26 on Friday. Deere & Company has a 12 month low of $433.00 and a 12 month high of $674.19. The company has a debt-to-equity ratio of 1.59, a current ratio of 2.21 and a quick ratio of 1.96. The stock has a market cap of $156.19 billion, a P/E ratio of 32.60, a P/E/G ratio of 2.06 and a beta of 0.96. The stock's 50 day moving average price is $590.37 and its 200 day moving average price is $528.84.

Deere & Company (NYSE:DE - Get Free Report) last announced its earnings results on Thursday, February 19th. The industrial products company reported $2.42 earnings per share for the quarter, beating the consensus estimate of $1.90 by $0.52. Deere & Company had a return on equity of 18.93% and a net margin of 10.29%.The firm had revenue of $9.61 billion for the quarter, compared to the consensus estimate of $7.50 billion. During the same quarter in the previous year, the business earned $3.19 EPS. The firm's revenue for the quarter was up 17.5% on a year-over-year basis. As a group, research analysts predict that Deere & Company will post 18.01 earnings per share for the current year.

Deere & Company Dividend Announcement

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

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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