Envestnet Asset Management Inc. Increases Stock Position in Deere & Company $DE

Envestnet Asset Management Inc. lifted its holdings in shares of Deere & Company (NYSE:DE) by 4.7% in the third quarter, according to the company in its most recent filing with the Securities and Exchange Commission. The institutional investor owned 561,982 shares of the industrial products company’s stock after buying an additional 25,065 shares during the period. Envestnet Asset Management Inc. owned about 0.21% of Deere & Company worth $256,972,000 at the end of the most recent reporting period.

A number of other institutional investors have also recently modified their holdings of the business. Mid American Wealth Advisory Group Inc. acquired a new stake in shares of Deere & Company during the 2nd quarter valued at approximately $25,000. Howard Hughes Medical Institute purchased a new position in Deere & Company in the 2nd quarter valued at approximately $27,000. Activest Wealth Management raised its holdings in 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 purchasing an additional 27 shares during the last quarter. Center for Financial Planning Inc. boosted its position in 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 purchasing an additional 61 shares in the last quarter. Finally, United Community Bank boosted its position in Deere & Company by 67.3% during the third quarter. United Community Bank now owns 92 shares of the industrial products company’s stock worth $42,000 after purchasing an additional 37 shares in the last quarter. 68.58% of the stock is currently owned by hedge funds and other institutional investors.

Analysts Set New Price Targets

Several analysts have issued reports on the stock. Truist Financial upped their price target on shares of Deere & Company from $609.00 to $612.00 and gave the company a “buy” rating in a report on Friday, November 28th. Morgan Stanley reaffirmed an “overweight” rating and issued a $560.00 target price on shares of Deere & Company in a research note on Tuesday, December 9th. UBS Group reissued a “buy” rating on shares of Deere & Company in a research report on Tuesday, November 25th. Sanford C. Bernstein restated a “market perform” rating on shares of Deere & Company in a research report on Tuesday, December 9th. Finally, BMO Capital Markets reiterated a “market perform” rating and set a $460.00 price objective on shares of Deere & Company in a research report on Tuesday, December 9th. Fifteen investment analysts have rated the stock with a Buy rating and nine have issued a Hold rating to the company’s stock. According to MarketBeat.com, the company currently has an average rating of “Moderate Buy” and an average price target of $524.20.

Insider Activity at Deere & Company

In other Deere & Company news, CEO John C. May II sold 41,472 shares of the stock in a transaction that occurred on Thursday, January 8th. The shares were sold at an average price of $501.49, for a total transaction of $20,797,793.28. Following the transaction, the chief executive officer owned 117,970 shares of the company’s stock, valued at $59,160,775.30. This trade represents a 26.01% decrease in their ownership of the stock. The transaction was disclosed in a document filed with the SEC, which is accessible through this hyperlink. Also, insider Cory J. Reed sold 12,000 shares of Deere & Company stock in a transaction on Wednesday, January 14th. The shares were sold at an average price of $510.00, for a total transaction of $6,120,000.00. Following the completion of the transaction, the insider owned 20,792 shares in the company, valued at approximately $10,603,920. This trade represents a 36.59% decrease in their position. Additional details regarding this sale are available in the official SEC disclosure. Insiders have sold 64,578 shares of company stock valued at $32,471,682 in the last ninety days. 0.29% of the stock is currently owned by company insiders.

Deere & Company Stock Performance

Deere & Company stock opened at $565.95 on Friday. The stock has a fifty day moving average price of $492.88 and a 200 day moving average price of $483.86. Deere & Company has a 52 week low of $404.42 and a 52 week high of $574.94. The firm has a market capitalization of $153.41 billion, a P/E ratio of 30.58, a PEG ratio of 2.26 and a beta of 1.02. The company has a current ratio of 2.22, a quick ratio of 2.01 and a debt-to-equity ratio of 1.68.

Deere & Company (NYSE:DE) last issued 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 return on equity of 20.54% and a net margin of 11.00%.The business had revenue of $12.39 billion during the quarter, compared to analyst estimates of $9.77 billion. During the same period in the previous year, the business posted $4.55 earnings per share. The firm’s quarterly revenue was up 14.1% on a year-over-year basis. Equities research analysts anticipate that Deere & Company will post 19.32 earnings per share for the current year.

Deere & Company Dividend Announcement

The business also recently declared a quarterly dividend, which will be paid on Monday, February 9th. Investors of record on Wednesday, December 31st will be given a dividend of $1.62 per share. The ex-dividend date of this dividend is Wednesday, December 31st. This represents a $6.48 annualized dividend and a yield of 1.1%. Deere & Company’s dividend payout ratio is 35.01%.

Key Deere & Company News

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

• Positive Sentiment: Zacks reports DE jumped ~4.1% on above‑average volume and notes a favorable trend in earnings‑estimate revisions, implying analysts are nudging forecasts higher and there may be further upside if revisions continue. Deere (DE) Soars 4.1%: Is Further Upside Left in the Stock?
• Positive Sentiment: Deere is investing $30M in Seeding Works (its oldest factory) — a capacity and modernization move that supports production, product availability and long‑term margins. Capital investment signals management is positioning for growth. Deere invests $30M in Seeding Works, company’s oldest factory
• Positive Sentiment: Coverage highlighting Deere as a “backdoor” AI play centered on self‑driving tractors underscores the company’s exposure to automation and software monetization — a thematic growth driver that could boost multiple expansion if adoption accelerates. This “Backdoor” AI Stock Is Betting Big on … Self-Driving Tractors?!
• Positive Sentiment: Forbes profiles Deere within the broader AI story and dividend growers — reinforcing investor interest in DE as both an income and tech‑adjacent industrial play. The Next Big AI Play Is Hiding In Plain Sight (And Growing Dividends)
• Neutral Sentiment: Deere announced its Q1 2026 financial results and earnings call will be held Feb. 19 — a clear near‑term catalyst; results and guidance will likely drive volatility. Deere to Announce First Quarter 2026 Financial Results
• Neutral Sentiment: Additional preview coverage notes Deere is expected to report quarterly earnings this week — reinforcing the immediate importance of the upcoming report for short‑term price action. Deere & Company (DE) Expected to Announce Quarterly Earnings on Thursday
• Neutral Sentiment: The EPA has responded to Deere’s request concerning farmers’ right‑to‑repair for nonroad diesel equipment — a regulatory/public policy issue that could affect aftermarket revenue and customer relations; outcome remains uncertain and is a watchlist item. EPA responds to John Deere’s request on farmers’ right to repair nonroad diesel equipment

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.