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Investor s Fiduciary Advisor Network LLC Purchases New Holdings in Deere & Company $DE

Deere & Company logo with Industrials background
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Key Points

  • Investor’s Fiduciary Advisor Network acquired 3,213 Deere shares worth approximately $2.04 million during the second quarter. Institutional investors and hedge funds collectively own 68.58% of the company.
  • Deere exceeded third-quarter expectations with $5.10 in EPS and $12.61 billion in revenue, while revenue increased 6.2% year over year. Management also raised its fiscal 2026 net-income and equipment-operations cash-flow forecasts.
  • Construction and forestry demand is strengthening, but weak agricultural-equipment demand remains a constraint. Analysts have a “Moderate Buy” consensus and an average price target of $643.38, suggesting limited upside from the reported $648.61 share price.
  • Interested in Deere & Company? Here are five stocks we like better.

Investor s Fiduciary Advisor Network LLC acquired a new stake in shares of Deere & Company (NYSE:DE - Free Report) in the 2nd quarter, according to its most recent disclosure with the Securities and Exchange Commission. The institutional investor acquired 3,213 shares of the industrial products company's stock, valued at approximately $2,037,000.

Other institutional investors and hedge funds have also recently added to or reduced their stakes in the company. Mowery & Schoenfeld Wealth Management LLC purchased a new position in shares of Deere & Company in the 2nd quarter valued at approximately $27,000. Kilter Group LLC purchased a new stake in shares of Deere & Company during the second quarter worth approximately $29,000. Timmons Wealth Management LLC purchased a new position in Deere & Company during the 4th quarter worth $29,000. McIlrath & Eck LLC acquired a new stake in shares of Deere & Company in the 4th quarter worth $30,000. Finally, Solstein Capital LLC acquired a new stake in shares of Deere & Company in the 2nd quarter worth $30,000. 68.58% of the stock is owned by hedge funds and other institutional investors.

Key Deere & Company News

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.

Wall Street Analyst Weigh In

DE has been the topic of a number of recent analyst reports. Royal Bank Of Canada reiterated an "outperform" rating and set a $752.00 price target on shares of Deere & Company in a research note on Monday, June 1st. Raymond James Financial reduced their price objective on shares of Deere & Company from $765.00 to $700.00 and set an "outperform" rating for the company in a research report on Friday, May 22nd. Robert W. Baird lifted their price objective on Deere & Company from $525.00 to $640.00 and gave the company a "neutral" rating in a report on Friday. Seaport Research Partners set a $570.00 price target on shares of Deere & Company in a research note on Friday, August 14th. Finally, Citigroup raised their price objective on Deere & Company from $610.00 to $650.00 and gave the company a "neutral" rating in a research note on Friday. Fourteen equities research analysts have rated the stock with a Buy rating and nine have assigned a Hold rating to the company. According to MarketBeat.com, the company currently has a consensus rating of "Moderate Buy" and an average target price of $643.38.

Read Our Latest Research Report on Deere & Company

Deere & Company Trading Up 0.2%

Deere & Company stock opened at $648.61 on Monday. The stock has a market cap of $175.09 billion, a PE ratio of 36.03, a P/E/G ratio of 2.74 and a beta of 0.90. The stock has a 50-day moving average price of $606.90 and a 200 day moving average price of $591.15. Deere & Company has a 52 week low of $433.00 and a 52 week high of $674.19. The company has a current ratio of 2.10, a quick ratio of 1.89 and a debt-to-equity ratio of 1.45.

Deere & Company (NYSE:DE - Get Free Report) last announced its earnings results on Thursday, August 20th. The industrial products company reported $5.10 earnings per share for the quarter, beating 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 firm had revenue of $12.61 billion during the quarter, compared to the consensus estimate of $10.81 billion. During the same quarter in the previous year, the company posted $4.75 EPS. The firm's revenue for the quarter was up 6.2% on a year-over-year basis. Equities research analysts predict that Deere & Company will post 18.23 earnings per share for the current fiscal year.

Deere & Company Announces Dividend

The company also recently disclosed 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 dividend on an annualized basis and a dividend yield of 1.0%. The ex-dividend date of this dividend was Tuesday, June 30th. Deere & Company's payout ratio is currently 36.00%.

Deere & Company Profile

(Free Report)

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.

Further Reading

Want to see what other hedge funds are holding DE? Visit HoldingsChannel.com to get the latest 13F filings and insider trades for Deere & Company (NYSE:DE - Free Report).

Institutional Ownership by Quarter for Deere & Company (NYSE:DE)

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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