Assenagon Asset Management S.A. Increases Holdings in Deere & Company $DE

Assenagon Asset Management S.A. grew its stake in shares of Deere & Company (NYSE:DE) by 12.3% during the 3rd quarter, according to the company in its most recent disclosure with the Securities & Exchange Commission. The firm owned 15,478 shares of the industrial products company’s stock after buying an additional 1,690 shares during the period. Assenagon Asset Management S.A.’s holdings in Deere & Company were worth $7,077,000 at the end of the most recent reporting period.

Several other large investors have also recently bought and sold shares of DE. Mid American Wealth Advisory Group Inc. purchased a new position in Deere & Company during the second quarter worth about $25,000. Howard Hughes Medical Institute purchased a new position in Deere & Company in the second quarter worth $27,000. Activest Wealth Management increased its stake in Deere & Company by 2,750.0% in the first quarter. Activest Wealth Management now owns 57 shares of the industrial products company’s stock valued at $27,000 after acquiring an additional 55 shares during the last quarter. Marshall & Sullivan Inc. WA purchased a new position in shares of Deere & Company during the 2nd quarter valued at about $38,000. Finally, Center for Financial Planning Inc. raised its stake in shares of Deere & Company by 406.7% during the second quarter. Center for Financial Planning Inc. now owns 76 shares of the industrial products company’s stock worth $39,000 after acquiring an additional 61 shares in the last quarter. 68.58% of the stock is owned by institutional investors.

More Deere & Company News

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

• Neutral Sentiment: Zacks Research keeps a “Hold” rating on DE while updating estimates; the firm’s published note and related write-ups summarize the changes rather than issuing an outright downgrade of the stock.
• Negative Sentiment: Zacks cut FY2026 EPS to $16.74 from $18.83 and trimmed FY2027 to $21.55 from $24.20 — a meaningful downward revision to multi-year earnings expectations that can reduce investor confidence and valuation support. Article Title
• Negative Sentiment: Big cuts to near-term quarters: Q1 2026 EPS cut to $1.99 from $2.83 (largest single-quarter downgrade), and Q2–Q4 2026 estimates were also lowered (Q2: $5.55 from $5.97; Q3: $4.75 from $5.26; Q4: $4.45 from $4.78). These lower quarterly expectations raise the risk that upcoming reports may miss the market’s prior assumptions.
• Negative Sentiment: Zacks also trimmed mid‑2027 quarterly projections (Q2 2027 to $6.19 from $7.24; Q3 2027 to $5.68 from $6.44), signaling the research team expects weaker farm-equipment demand/margin recovery than previously modeled.

Insider Buying and Selling at Deere & Company

In related news, CEO John C. May II sold 11,106 shares of the firm’s stock in a transaction that occurred on Tuesday, November 25th. The shares were sold at an average price of $500.08, for a total value of $5,553,888.48. Following the transaction, the chief executive officer owned 112,453 shares of the company’s stock, valued at approximately $56,235,496.24. This trade represents a 8.99% decrease in their ownership of the stock. The transaction was disclosed in a filing with the SEC, which can be accessed through this link. 0.29% of the stock is owned by company insiders.

Deere & Company Trading Down 0.9%

Shares of NYSE:DE opened at $470.62 on Monday. Deere & Company has a 1 year low of $403.01 and a 1 year high of $533.78. The stock’s fifty day moving average price is $471.38 and its 200-day moving average price is $486.43. The company has a debt-to-equity ratio of 1.68, a current ratio of 2.22 and a quick ratio of 2.01. The company has a market cap of $127.22 billion, a P/E ratio of 25.43, a PEG ratio of 1.77 and a beta of 1.00.

Deere & Company (NYSE:DE) last announced its quarterly earnings results on Wednesday, November 26th. The industrial products company reported $3.93 earnings per share (EPS) for the quarter, missing analysts’ consensus estimates of $3.96 by ($0.03). Deere & Company had a net margin of 11.00% and a return on equity of 20.54%. The company had revenue of $12.39 billion for the quarter, compared to analysts’ expectations of $9.77 billion. During the same period in the previous year, the business earned $4.55 EPS. The business’s revenue was up 14.1% compared to the same quarter last year. Sell-side analysts expect that Deere & Company will post 19.32 earnings per share for the current year.

Deere & Company Dividend Announcement

The company also recently announced a quarterly dividend, which will be paid on Monday, February 9th. Shareholders of record on Wednesday, December 31st will be given a $1.62 dividend. This represents a $6.48 annualized dividend and a yield of 1.4%. The ex-dividend date of this dividend is Wednesday, December 31st. Deere & Company’s dividend payout ratio (DPR) is presently 35.01%.

Analysts Set New Price Targets

A number of equities research analysts recently commented on DE shares. Citigroup lowered their price target on shares of Deere & Company from $525.00 to $515.00 and set a “neutral” rating for the company in a report on Tuesday, October 7th. Royal Bank Of Canada cut their price objective on Deere & Company from $542.00 to $541.00 and set an “outperform” rating on the stock in a research report on Friday, November 28th. Jefferies Financial Group boosted their price target on shares of Deere & Company from $440.00 to $475.00 and gave the company a “hold” rating in a research report on Tuesday, December 9th. BMO Capital Markets reissued a “market perform” rating and issued a $460.00 price target on shares of Deere & Company in a research note on Tuesday, December 9th. Finally, Morgan Stanley reaffirmed an “overweight” rating and set a $560.00 price objective on shares of Deere & Company in a research report on Tuesday, December 9th. One equities research analyst has rated the stock with a Strong Buy rating, fifteen have given a Buy rating and ten have issued a Hold rating to the stock. According to MarketBeat.com, Deere & Company has an average rating of “Moderate Buy” and a consensus price target of $522.70.

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.