Sequoia Financial Advisors LLC Acquires 4,845 Shares of Deere & Company $DE

Key Points

• Sequoia Financial Advisors boosted its stake in Deere & Company by 40% in the fourth quarter, buying 4,845 shares to hold 16,946 shares worth about $7.89 million, while institutional investors now own roughly 68.6% of the stock.
• Deere beat expectations in its most recent quarterly report with $2.42 EPS (vs. $1.90 expected) and $9.61 billion in revenue (up 17.5% YoY), and analysts remain largely bullish with an average target of $655.45 and several raised targets as high as $793.
• Dividend and upcoming catalysts: Deere declared a $1.62 quarterly dividend (annualized $6.48, ~1.1% yield; ex-dividend Mar 31, payable May 8) and will hold its Q2 earnings call on May 21, events likely to influence near-term sentiment.

Sequoia Financial Advisors LLC increased its position in Deere & Company (NYSE:DE - Free Report) by 40.0% during the fourth quarter, according to the company in its most recent filing with the Securities and Exchange Commission (SEC). The institutional investor owned 16,946 shares of the industrial products company's stock after purchasing an additional 4,845 shares during the period. Sequoia Financial Advisors LLC's holdings in Deere & Company were worth $7,890,000 at the end of the most recent reporting period.

Other hedge funds also recently bought and sold shares of the company. Csenge Advisory Group boosted its stake in Deere & Company by 84.9% in the 3rd quarter. Csenge Advisory Group now owns 7,440 shares of the industrial products company's stock worth $3,402,000 after purchasing an additional 3,416 shares in the last quarter. Spectrum Financial Alliance Ltd LLC boosted its stake in Deere & Company by 55.8% in the 4th quarter. Spectrum Financial Alliance Ltd LLC now owns 85,351 shares of the industrial products company's stock worth $39,737,000 after purchasing an additional 30,553 shares in the last quarter. Compagnie Lombard Odier SCmA boosted its stake in Deere & Company by 66.1% in the 3rd quarter. Compagnie Lombard Odier SCmA now owns 27,568 shares of the industrial products company's stock worth $12,606,000 after purchasing an additional 10,974 shares in the last quarter. Ashton Thomas Private Wealth LLC boosted its stake in Deere & Company by 263.8% in the 3rd quarter. Ashton Thomas Private Wealth LLC now owns 17,308 shares of the industrial products company's stock worth $7,942,000 after purchasing an additional 12,551 shares in the last quarter. Finally, Public Sector Pension Investment Board raised its position in Deere & Company by 14.6% in the 3rd quarter. Public Sector Pension Investment Board now owns 21,174 shares of the industrial products company's stock worth $9,682,000 after buying an additional 2,702 shares during the last quarter. Institutional investors own 68.58% of the company's stock.

Analysts Set New Price Targets

A number of equities analysts have weighed in on the company. Royal Bank Of Canada boosted their target price on Deere & Company from $541.00 to $736.00 and gave the stock an "outperform" rating in a research report on Friday, February 20th. Robert W. Baird decreased their target price 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. Raymond James Financial reissued an "outperform" rating and issued a $765.00 target price on shares of Deere & Company in a research report on Monday, February 23rd. Wall Street Zen raised Deere & Company from a "sell" rating to a "hold" rating in a research report on Saturday, February 7th. Finally, Truist Financial boosted their target price on Deere & Company from $612.00 to $793.00 and gave the stock a "buy" rating in a research report on Friday, February 20th. Sixteen investment analysts have rated the stock with a Buy rating and nine have assigned a Hold rating to the stock. Based on data from MarketBeat.com, the stock has an average rating of "Moderate Buy" and an average target price of $655.45.

Deere & Company Price Performance

NYSE DE opened at $580.67 on Friday. Deere & Company has a 52 week low of $433.00 and a 52 week high of $674.19. The firm has a market capitalization of $156.84 billion, a P/E ratio of 32.73, a PEG ratio of 2.06 and a beta of 0.96. The company has a quick ratio of 1.96, a current ratio of 2.21 and a debt-to-equity ratio of 1.59. The company has a 50-day moving average price of $586.28 and a 200-day moving average price of $532.75.

Deere & Company (NYSE:DE - Get Free Report) last released its quarterly earnings results on Thursday, February 19th. The industrial products company reported $2.42 EPS for the quarter, beating the consensus estimate of $1.90 by $0.52. Deere & Company had a net margin of 10.29% and a return on equity of 18.93%. The firm had revenue of $9.61 billion during the quarter, compared to analyst estimates of $7.50 billion. During the same quarter in the prior year, the firm earned $3.19 EPS. The business's revenue for the quarter was up 17.5% compared to the same quarter last year. Equities research analysts anticipate 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 given a dividend of $1.62 per share. 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%.

Deere & Company News Summary

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

• Positive Sentiment: Analysts and industry commentary expect Deere to benefit from favorable ag/industry tailwinds, which could produce a Q2 earnings beat and support revenue/earnings momentum. Deere: Q2 Earnings Beat Could Be On The Way With Industry Tailwinds
• Positive Sentiment: Appointment of Brent Norwood as CFO signals management emphasis on valuation and disciplined capital allocation; investors often view experienced finance chiefs as a positive for capital deployment and M&A execution. New Deere CFO Appointment Puts Focus On Valuation And Capital Allocation
• Positive Sentiment: Supply-chain/partner news: BTD Manufacturing was recognized as a John Deere partner-level supplier — a small operational positive that supports parts/sourcing resilience. BTD Manufacturing recognized as John Deere Partner-level Supplier
• Neutral Sentiment: Longer-term market backdrop: a report projects forestry-equipment market growth through 2030, which supports Deere’s forestry segment opportunity but is a longer-horizon tailwind. Forestry Equipment Industry Report 2026
• Neutral Sentiment: Company schedule: Deere confirmed its Q2 2026 earnings call for May 21 — investors will likely wait for that print and management commentary before committing. Deere to Announce Second Quarter 2026 Financial Results
• Negative Sentiment: Dividend scrutiny: coverage questions whether Deere’s unchanged $1.62 quarterly payout is sustainable as the ag cycle bottoms — this raises income-investor concerns and can weigh on the stock. Deere Keeps Paying Out, but Is That Dividend Safe?
• Negative Sentiment: Near-term price action: market commentary notes Deere has dipped more than the broader market today, signaling short-term profit-taking or rotation away from recent strength. Deere (DE) Dips More Than Broader Market: What You Should Know

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.

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.