TrinityBridge Ltd Purchases New Holdings in Deere & Company $DE

Key Points

• TrinityBridge Ltd. acquired 30,328 Deere shares in the second quarter, valued at approximately $19.2 million. Institutional investors collectively own 68.58% of the company.
• Deere reported fiscal third-quarter earnings of $5.10 per share on $12.61 billion in revenue, surpassing analyst estimates, and raised fiscal 2026 net-income guidance to $4.75 billion-$5.00 billion.
• The outlook remains mixed: construction and nonfarm demand are supporting results, but weak agricultural conditions, tariffs and elevated valuation could pressure the stock while a broader farm-equipment recovery may not arrive until 2027.

TrinityBridge Ltd acquired a new position in Deere & Company (NYSE:DE - Free Report) in the 2nd quarter, according to the company in its most recent 13F filing with the SEC. The fund acquired 30,328 shares of the industrial products company's stock, valued at approximately $19,225,000.

Other hedge funds have also recently bought and sold shares of the company. Mowery & Schoenfeld Wealth Management LLC bought a new stake in shares of Deere & Company during the second quarter worth $27,000. Kilter Group LLC acquired a new position in shares of Deere & Company during the second quarter valued at $29,000. Timmons Wealth Management LLC bought a new position in Deere & Company in the fourth quarter valued at about $29,000. McIlrath & Eck LLC acquired a new stake in Deere & Company in the fourth quarter worth about $30,000. Finally, Portus Wealth Advisors LLC acquired a new stake in Deere & Company in the first quarter worth about $32,000. 68.58% of the stock is currently owned by institutional investors.

Key Headlines Impacting Deere & Company

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

• Positive Sentiment: Deere reported fiscal Q3 net income of $1.379 billion, or $5.10 per share, up from $4.75 per share a year earlier. Revenue rose approximately 6% to $12.61 billion, exceeding analyst expectations for both earnings and sales. Deere Reports Third Quarter Net Income of $1.379 Billion
• Positive Sentiment: Management raised fiscal 2026 net-income guidance to $4.75 billion-$5.00 billion, from a prior range of $4.50 billion-$5.00 billion, and expects $5 billion-$5.5 billion in equipment-operations cash flow. Deere Raises FY2026 Net Income Outlook
• Positive Sentiment: The Construction & Forestry and Small Agriculture & Turf divisions provided the main upside, with demand tied to energy infrastructure and data-center construction supporting Deere’s nonfarm businesses. The company also indicated that fiscal 2026 could mark the bottom of the current agricultural equipment cycle. Deere Stock Soars After Construction Unit Drives Earnings Beat
• Neutral Sentiment: Management cited improving early order trends, used-equipment inventories and resilient parts demand, which may support a gradual recovery; however, the broader farm-equipment rebound is expected to be more pronounced in 2027. Deere Narrows Profit Outlook as Farm Recovery Seen in 2027
• Negative Sentiment: Production agriculture remains pressured by weak farm conditions, while tariffs and regional sales weakness could weigh on margins and demand. The stock’s strong earnings reaction also leaves valuation and expectations elevated, increasing sensitivity to any signs that the agricultural recovery is delayed.

Wall Street Analyst Weigh In

DE has been the topic of a number of research reports. DA Davidson restated a "buy" rating and set a $685.00 target price on shares of Deere & Company in a research report on Friday, July 17th. Robert W. Baird lowered their price target on shares of Deere & Company from $580.00 to $525.00 and set a "neutral" rating for the company in a research report on Friday, May 22nd. Citigroup boosted their price target on shares of Deere & Company from $575.00 to $610.00 and gave the stock a "neutral" rating in a research note on Tuesday, July 14th. JPMorgan Chase & Co. cut their price objective on shares of Deere & Company from $590.00 to $570.00 and set a "neutral" rating on the stock in a report on Friday, August 14th. Finally, Wall Street Zen raised shares of Deere & Company from a "sell" rating to a "hold" rating in a research note on Sunday, July 5th. Fourteen equities research analysts have rated the stock with a Buy rating and nine have issued a Hold rating to the company. According to data from MarketBeat, the company presently has an average rating of "Moderate Buy" and a consensus price target of $641.98.

Deere & Company Price Performance

Shares of DE opened at $624.38 on Friday. The stock has a market cap of $168.55 billion, a P/E ratio of 35.38, a price-to-earnings-growth ratio of 2.46 and a beta of 0.90. Deere & Company has a 1 year low of $433.00 and a 1 year high of $674.19. The stock's 50-day moving average price is $605.47 and its two-hundred day moving average price is $590.34. The company has a current ratio of 2.18, a quick ratio of 1.95 and a debt-to-equity ratio of 1.54.

Deere & Company (NYSE:DE - Get Free Report) last announced its quarterly earnings results on Thursday, August 20th. The industrial products company reported $5.10 EPS for the quarter, beating analysts' consensus estimates of $4.69 by $0.41. The company had revenue of $12.61 billion during the quarter, compared to analysts' expectations of $10.81 billion. Deere & Company had a return on equity of 18.25% and a net margin of 10.09%.Deere & Company's revenue was up 6.2% on a year-over-year basis. During the same period in the prior year, the business posted $4.75 EPS. On average, equities analysts predict that Deere & Company will post 18.21 earnings per share for the current year.

Deere & Company Announces Dividend

The company also recently disclosed a quarterly dividend, which was paid on Monday, August 10th. Investors of record on Tuesday, June 30th were issued a dividend of $1.62 per share. The ex-dividend date was Tuesday, June 30th. This represents a $6.48 dividend on an annualized basis and a yield of 1.0%. Deere & Company's payout ratio is currently 36.71%.

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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