Deere & Company $DE Stock Sold by Fort Washington Investment Advisors Inc. OH

Key Points

• Fort Washington Investment Advisors reduced its Deere stake by 3.6% in the third quarter, selling 10,398 shares and retaining 280,508 shares valued at approximately $188.4 million. Institutional investors collectively own 68.58% of Deere.
• Analysts remain broadly positive, with 17 Buy ratings and eight Holds producing a “Moderate Buy” consensus and an average price target of $688.10. Recent targets include $715 from Bank of America and $752 from Royal Bank of Canada.
• Deere’s latest quarterly results exceeded expectations, with earnings of $5.10 per share and revenue of $12.61 billion, up 6.2% year over year. The company also declared a quarterly dividend of $1.62 per share, representing a 1.0% annualized yield.

Fort Washington Investment Advisors Inc. OH cut its holdings in Deere & Company (NYSE:DE - Free Report) by 3.6% during the third quarter, according to the company in its most recent 13F filing with the Securities and Exchange Commission. The institutional investor owned 280,508 shares of the industrial products company's stock after selling 10,398 shares during the period. Deere & Company accounts for 0.9% of Fort Washington Investment Advisors Inc. OH's holdings, making the stock its 24th biggest holding. Fort Washington Investment Advisors Inc. OH owned 0.10% of Deere & Company worth $188,375,000 as of its most recent SEC filing.

Other hedge funds and other institutional investors have also added to or reduced their stakes in the company. Baxter Bros Inc. purchased a new position in Deere & Company during the 2nd quarter valued at approximately $1,707,000. Global Retirement Partners LLC bought a new stake in Deere & Company in the 2nd quarter worth approximately $3,890,000. Nykredit A S bought a new stake in Deere & Company in the 2nd quarter worth approximately $44,378,000. TRB Wealth Management LLC purchased a new stake in shares of Deere & Company during the 2nd quarter worth approximately $623,000. Finally, Pacific Sage Partners LLC purchased a new stake in shares of Deere & Company during the 2nd quarter worth approximately $2,592,000. 68.58% of the stock is currently owned by institutional investors.

Analysts Set New Price Targets

A number of research analysts have recently commented on DE shares. Nomura upgraded Deere & Company to a "buy" rating in a research report on Monday, August 31st. Bank of America boosted their price target on shares of Deere & Company from $667.00 to $715.00 in a research report on Thursday, September 24th. Citigroup increased their price objective on shares of Deere & Company from $610.00 to $650.00 and gave the company a "neutral" rating in a research report on Friday, August 21st. Weiss Ratings raised shares of Deere & Company from a "hold (c)" rating to a "hold (c+)" rating in a research note on Monday, September 21st. Finally, Royal Bank Of Canada restated an "outperform" rating and issued a $752.00 target price on shares of Deere & Company in a report on Monday, August 24th. Seventeen investment analysts have rated the stock with a Buy rating and eight have issued a Hold rating to the stock. According to data from MarketBeat.com, the company currently has a consensus rating of "Moderate Buy" and an average target price of $688.10.

Key Stories Impacting Deere & Company

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

• Positive Sentiment: Deere is partnering with Yamaha on future side-by-side vehicles, a move that could expand its recreational-product lineup and create opportunities for longer-term growth. The financial impact and timing were not disclosed. Yamaha and John Deere Team Up on Future Side-by-Sides
• Positive Sentiment: Deere has held up better than Caterpillar in recent trading. Investors appear to be questioning the premium attached to Caterpillar’s data-center power exposure, which may be shifting attention toward Deere and other industrial companies. Caterpillar Sinks 5% as Deere Edges Higher
• Neutral Sentiment: Heavy investor searches for DE indicate elevated market attention, but the coverage does not identify a new earnings estimate, guidance change or fundamental catalyst. Investors Heavily Search Deere
• Neutral Sentiment: An analyst comparison of Deere and Caterpillar highlights diverging Wall Street narratives, though the available report does not provide a specific recommendation or price target. Which Industrials Stock Do Analysts Like Better: Deere or Caterpillar?
• Neutral Sentiment: The John Deere Foundation announced an $18.5 million farm-to-plate initiative supporting farmers and hunger-relief efforts. The program may strengthen Deere’s social-impact profile but is unlikely to materially change near-term earnings. John Deere Foundation Farm-to-Plate Strategy
• Negative Sentiment: Surging Treasury yields have pressured highly valued industrial stocks, with Deere previously falling alongside Caterpillar as the 30-year yield reached 5.7%. Higher borrowing costs can weigh on equipment demand and reduce the value investors assign to future earnings. Caterpillar and Deere Slide as Treasury Yields Surge
• Negative Sentiment: An FTC-USDA inquiry into agricultural-equipment competition includes Deere and keeps regulatory risk in focus, with public comments open through December 7, 2026. Potential scrutiny of repair access, competition or business practices could weigh on sentiment. Ag Equipment’s Recovery Trade Meets Washington’s Scrutiny

Deere & Company Stock Up 0.2%

Shares of DE opened at $651.34 on Thursday. The company has a market cap of $175.61 billion, a PE ratio of 36.19, a P/E/G ratio of 2.38 and a beta of 0.86. The business has a fifty day moving average of $656.93 and a 200 day moving average of $611.03. Deere & Company has a 52-week low of $445.55 and a 52-week high of $721.22. The company has a quick ratio of 1.89, a current ratio of 2.10 and a debt-to-equity ratio of 1.45.

Deere & Company (NYSE:DE - Get Free Report) last posted its quarterly earnings data on Thursday, August 20th. The industrial products company reported $5.10 EPS for the quarter, topping the consensus estimate of $4.69 by $0.41. Deere & Company had a net margin of 10.16% and a return on equity of 18.10%. The company had revenue of $12.61 billion during the quarter, compared to analyst estimates of $10.81 billion. During the same period in the previous year, the firm earned $4.75 earnings per share. Deere & Company's quarterly revenue was up 6.2% compared to the same quarter last year. On average, sell-side analysts expect that Deere & Company will post 18.11 EPS for the current year.

Deere & Company Dividend Announcement

The company also recently declared a quarterly dividend, which will be paid on Monday, November 9th. Investors of record on Wednesday, September 30th will be paid a dividend of $1.62 per share. The ex-dividend date of this dividend is Wednesday, September 30th. This represents a $6.48 dividend on an annualized basis and a dividend yield of 1.0%. Deere & Company's payout ratio is currently 36.00%.

About Deere & Company

Deere & Company, commonly known as John Deere, is a global manufacturer of agricultural, construction, forestry and turf-care equipment. The company's products include tractors, combines, planters, sprayers, harvesting equipment, earthmoving machinery, forestry equipment, commercial and residential lawn-care products, and related technology solutions.

Deere operates through businesses serving production and precision agriculture, small agriculture and turf, and construction and forestry markets.

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