Empirical Financial Services LLC d.b.a. Empirical Wealth Management Acquires 2,760 Shares of Deere & Company $DE

Empirical Financial Services LLC d.b.a. Empirical Wealth Management increased its holdings in Deere & Company (NYSE:DE) by 62.0% during the third quarter, according to the company in its most recent 13F filing with the Securities & Exchange Commission. The firm owned 7,212 shares of the industrial products company’s stock after purchasing an additional 2,760 shares during the quarter. Empirical Financial Services LLC d.b.a. Empirical Wealth Management’s holdings in Deere & Company were worth $3,298,000 as of its most recent filing with the Securities & Exchange Commission.

Several other hedge funds have also added to or reduced their stakes in the business. Howard Hughes Medical Institute bought a new stake in shares of Deere & Company in the 2nd quarter valued at about $27,000. Activest Wealth Management grew its position in Deere & Company by 69.2% during the 3rd 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. Center for Financial Planning Inc. increased its stake in Deere & Company by 406.7% in the 2nd 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 during the period. United Community Bank lifted its position in Deere & Company by 67.3% in the third quarter. United Community Bank now owns 92 shares of the industrial products company’s stock valued at $42,000 after purchasing an additional 37 shares during the last quarter. Finally, Solstein Capital LLC boosted its stake in shares of Deere & Company by 93.8% during the second quarter. Solstein Capital LLC now owns 93 shares of the industrial products company’s stock valued at $47,000 after purchasing an additional 45 shares during the period. 68.58% of the stock is owned by institutional investors.

Deere & Company News Roundup

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

• Positive Sentiment: Q1 beat and raised FY guidance — Deere reported Q1 revenue of $9.61B and EPS of $2.42 (above estimates) and raised fiscal‑2026 net‑income guidance to $4.5B–$5.0B, which traders interpreted as confirmation that order trends and construction demand are improving. Deere Lifts Full-Year Profit Forecast as Construction, Sales Rebound (Reuters)
• Positive Sentiment: Large analyst price‑target upgrades — several firms jumped their targets after the beat-and-raise (notable moves: Truist to $793, DA Davidson to $775, Wells Fargo to $750, RBC to $736, BofA to $672), supporting further upside expectations. Wall Street Goes Wild For Deere: The Real Reason Analysts Are Hiking Price Forecasts (Benzinga)
• Positive Sentiment: Construction recovery, product strategy and M&A — management says 2026 may be the bottom of the farm cycle and highlighted strength in construction and small‑ag; Deere completed the Tenna acquisition and is pushing AI/connected‑equipment initiatives, which boost long‑term growth narrative. John Deere Completes Acquisition of Tenna (ForConstructionPros)
• Neutral Sentiment: Some analysts remain cautious despite higher targets — a few shops raised targets but kept market‑perform/neutral ratings (e.g., Sanford Bernstein, BMO), signaling mixed conviction beneath the bullish headlines. Bernstein Adjusts Price Target on Deere to $615 from $521; Maintains Market Perform (MarketScreener)
• Negative Sentiment: Profit and margin headwinds remain — net income fell year‑over‑year (to ~$656M) as tariffs and an unfavorable sales mix pressured margins; that keeps some earnings risk if tariffs or costs persist. Deere Profit Sinks as Tariffs Weigh on Margins (WSJ)

Wall Street Analysts Forecast Growth

DE has been the topic of several recent analyst reports. Keefe, Bruyette & Woods restated an “outperform” rating on shares of Deere & Company in a report on Monday, December 1st. DA Davidson increased their price target on shares of Deere & Company from $580.00 to $775.00 and gave the company a “buy” rating in a research report on Friday. BMO Capital Markets boosted their price objective on shares of Deere & Company from $460.00 to $500.00 and gave the company a “market perform” rating in a research report on Friday. Jefferies Financial Group upped their price objective on shares of Deere & Company from $440.00 to $475.00 and gave the company a “hold” rating in a research note on Tuesday, December 9th. Finally, UBS Group increased their target price on shares of Deere & Company from $535.00 to $775.00 and gave the stock a “buy” rating in a report on Friday. Fifteen research analysts have rated the stock with a Buy rating and nine have assigned a Hold rating to the company’s stock. According to MarketBeat.com, the company has an average rating of “Moderate Buy” and an average target price of $607.20.

Deere & Company Stock Up 0.1%

Shares of NYSE DE opened at $662.74 on Friday. The company has a current ratio of 2.21, a quick ratio of 2.01 and a debt-to-equity ratio of 1.59. Deere & Company has a 12 month low of $404.42 and a 12 month high of $674.19. The firm has a market capitalization of $179.65 billion, a PE ratio of 37.36, a price-to-earnings-growth ratio of 2.64 and a beta of 1.02. The firm has a fifty day simple moving average of $522.56 and a two-hundred day simple moving average of $491.15.

Deere & Company (NYSE:DE) last announced its earnings results on Thursday, February 19th. The industrial products company reported $2.42 earnings per share for the quarter, beating analysts’ consensus estimates 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 for the quarter, compared to analyst estimates of $7.50 billion. During the same quarter in the previous year, the firm posted $3.19 EPS. The company’s revenue for the quarter was up 17.5% compared to the same quarter last year. Equities analysts expect that Deere & Company will post 19.32 earnings per share for the current year.

Deere & Company Announces Dividend

The company also recently announced a quarterly dividend, which was paid on Monday, February 9th. Shareholders of record on Wednesday, December 31st were issued a dividend of $1.62 per share. The ex-dividend date was Wednesday, December 31st. This represents a $6.48 dividend on an annualized basis and a dividend yield of 1.0%. Deere & Company’s dividend payout ratio is 36.53%.

Insider Buying and Selling

In other news, CEO John C. May II sold 41,472 shares of the stock in a transaction that occurred on Thursday, January 8th. The stock was sold at an average price of $501.49, for a total value of $20,797,793.28. Following the completion of the transaction, the chief executive officer owned 117,970 shares of the company’s stock, valued at approximately $59,160,775.30. This represents a 26.01% decrease in their position. The sale was disclosed in a legal filing with the Securities & Exchange Commission, which is accessible through the SEC website. Also, insider Cory J. Reed sold 12,000 shares of the firm’s stock in a transaction that occurred on Wednesday, January 14th. The shares were sold at an average price of $510.00, for a total value of $6,120,000.00. Following the completion of the transaction, the insider owned 20,792 shares of the company’s stock, valued at approximately $10,603,920. The trade was a 36.59% decrease in their position. The SEC filing for this sale provides additional information. Insiders have sold a total of 64,578 shares of company stock worth $32,471,682 in the last quarter. Company insiders own 0.29% of the company’s stock.

Deere & Company 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.