National Pension Service Boosts Stake in Deere & Company $DE

Key Points

• National Pension Service increased its Deere stake by 3.7% in the fourth quarter, buying 22,103 more shares and bringing its total holding to 624,690 shares worth about $290.8 million.
• Deere reported strong quarterly results, with EPS of $6.55 and revenue of $13.37 billion, both ahead of analyst expectations and up 5.4% from a year earlier.
• The company raised its quarterly dividend to $1.62 per share, signaling continued confidence in cash flow, while analysts maintain a consensus “Moderate Buy” rating with a $638.08 price target.

National Pension Service lifted its position in Deere & Company (NYSE:DE - Free Report) by 3.7% in the fourth quarter, according to the company in its most recent 13F filing with the Securities & Exchange Commission. The firm owned 624,690 shares of the industrial products company's stock after purchasing an additional 22,103 shares during the quarter. National Pension Service owned approximately 0.23% of Deere & Company worth $290,837,000 at the end of the most recent quarter.

A number of other hedge funds have also recently added to or reduced their stakes in the company. Strategic Advocates LLC purchased a new stake in Deere & Company in the third quarter valued at approximately $25,000. Key Capital Management INC acquired a new stake in shares of Deere & Company in the fourth quarter valued at approximately $27,000. McIlrath & Eck LLC purchased a new position in shares of Deere & Company during the fourth quarter worth approximately $30,000. Activest Wealth Management grew its position in shares of Deere & Company by 69.2% during the third quarter. Activest Wealth Management now owns 66 shares of the industrial products company's stock worth $30,000 after acquiring an additional 27 shares during the last quarter. Finally, Wealth Watch Advisors INC acquired a new position in shares of Deere & Company in the 3rd quarter valued at $32,000. Hedge funds and other institutional investors own 68.58% of the company's stock.

Analysts Set New Price Targets

A number of analysts recently weighed in on DE shares. Weiss Ratings upgraded shares of Deere & Company from a "hold (c)" rating to a "hold (c+)" rating in a research note on Thursday, May 21st. DA Davidson dropped their price objective on shares of Deere & Company from $775.00 to $685.00 and set a "buy" rating on the stock in a research note on Friday, May 22nd. Wolfe Research upped their target price on shares of Deere & Company from $550.00 to $660.00 and gave the company an "outperform" rating in a report on Tuesday, March 31st. JPMorgan Chase & Co. increased their target price on shares of Deere & Company from $550.00 to $560.00 and gave the stock a "neutral" rating in a research note on Friday, May 22nd. Finally, Bank of America lowered their price target on Deere & Company from $672.00 to $607.50 and set a "neutral" rating on the stock in a report on Friday, May 22nd. Fifteen equities research analysts have rated the stock with a Buy rating and nine have assigned a Hold rating to the company. According to data from MarketBeat, the company presently has a consensus rating of "Moderate Buy" and a consensus price target of $638.08.

Trending Headlines about Deere & Company

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

• Positive Sentiment: Deere announced a quarterly dividend of $1.62 per share, reinforcing its return-of-capital story for income-focused investors and signaling continued confidence in cash generation. Deere & Company Announces Quarterly Dividend
• Positive Sentiment: An analyst note said Deere still looks attractive because construction demand and small-ag equipment demand remain strong, helping support the company despite a tougher agricultural backdrop. 5 Must-Read Analyst Questions From Deere’s Q1 Earnings Call
• Neutral Sentiment: Deere continues to be a widely watched stock, with market commentary focused on what comes next after a strong earnings report and recent pullback. Here is What to Know Beyond Why Deere & Company (DE) is a Trending Stock
• Neutral Sentiment: Deere was also recognized indirectly through supplier news, with Thoughtworks named a partner-level supplier in Deere’s Achieving Excellence program, highlighting ongoing operational relationships rather than a direct business catalyst. Thoughtworks Recognized as John Deere Partner-Level Supplier in 2026 Achieving Excellence Program
• Negative Sentiment: Investors remain worried about margin pressure in large agriculture equipment, elevated production costs, and tariff-related noise, which helped drive a negative reaction despite Deere’s earnings beat. 5 Must-Read Analyst Questions From Deere’s Q1 Earnings Call
• Negative Sentiment: Recent market commentary also points to fading stock momentum and softer agricultural conditions, suggesting investors are becoming more cautious about Deere’s near-term outlook. Deere's Stock Momentum Drops Amid Agricultural Weakness And Fertilizer Cost Pressures From Iran War

Deere & Company Price Performance

Shares of NYSE DE opened at $539.02 on Friday. The company has a debt-to-equity ratio of 1.54, a current ratio of 2.18 and a quick ratio of 1.95. The stock has a fifty day moving average price of $572.85 and a 200 day moving average price of $542.07. Deere & Company has a 1-year low of $433.00 and a 1-year high of $674.19. The company has a market cap of $145.59 billion, a PE ratio of 30.54, a P/E/G ratio of 1.96 and a beta of 0.96.

Deere & Company (NYSE:DE - Get Free Report) last announced its quarterly earnings data on Thursday, May 21st. The industrial products company reported $6.55 earnings per share (EPS) for the quarter, beating the consensus estimate of $5.70 by $0.85. The company had revenue of $13.37 billion for the quarter, compared to analysts' expectations of $11.55 billion. Deere & Company had a net margin of 10.09% and a return on equity of 18.25%. Deere & Company's revenue was up 5.4% compared to the same quarter last year. During the same period in the previous year, the company posted $6.64 EPS. Sell-side analysts forecast that Deere & Company will post 18.08 EPS for the current year.

Deere & Company Announces Dividend

The company also recently announced a quarterly dividend, which will be paid on Monday, August 10th. Stockholders of record on Tuesday, June 30th will be issued a $1.62 dividend. The ex-dividend date of this dividend is Tuesday, June 30th. This represents a $6.48 annualized dividend and a dividend yield of 1.2%. Deere & Company's payout ratio is presently 36.71%.

Deere & 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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