DNB Asset Management AS Acquires 2,662 Shares of Deere & Company $DE

DNB Asset Management AS lifted its holdings in Deere & Company (NYSE:DE) by 2.7% in the 3rd quarter, according to its most recent Form 13F filing with the Securities and Exchange Commission (SEC). The fund owned 100,608 shares of the industrial products company’s stock after purchasing an additional 2,662 shares during the quarter. DNB Asset Management AS’s holdings in Deere & Company were worth $46,004,000 as of its most recent filing with the Securities and Exchange Commission (SEC).

Several other institutional investors also recently modified their holdings of the business. Prairie Wealth Advisors Inc. raised its position in Deere & Company by 2.1% in the 2nd quarter. Prairie Wealth Advisors Inc. now owns 964 shares of the industrial products company’s stock worth $492,000 after buying an additional 20 shares during the last quarter. Blue Chip Partners LLC grew its stake in shares of Deere & Company by 1.4% in the second quarter. Blue Chip Partners LLC now owns 1,574 shares of the industrial products company’s stock worth $801,000 after acquiring an additional 21 shares during the period. TRUE Private Wealth Advisors raised its holdings in shares of Deere & Company by 3.0% during the second quarter. TRUE Private Wealth Advisors now owns 744 shares of the industrial products company’s stock valued at $378,000 after purchasing an additional 22 shares during the last quarter. Forefront Wealth Partners LLC lifted its position in Deere & Company by 4.1% during the third quarter. Forefront Wealth Partners LLC now owns 564 shares of the industrial products company’s stock valued at $258,000 after purchasing an additional 22 shares during the period. Finally, Highline Wealth Partners LLC boosted its holdings in Deere & Company by 24.7% in the third quarter. Highline Wealth Partners LLC now owns 116 shares of the industrial products company’s stock worth $53,000 after purchasing an additional 23 shares during the last quarter. 68.58% of the stock is owned by hedge funds and other institutional investors.

Analyst Upgrades and Downgrades

A number of research firms have commented on DE. Bank of America lifted their target price on shares of Deere & Company from $502.00 to $672.00 and gave the stock a “neutral” rating in a research report on Friday, February 20th. Wells Fargo & Company upped their price objective on Deere & Company from $543.00 to $750.00 and gave the company an “overweight” rating in a research report on Friday, February 20th. Wall Street Zen raised Deere & Company from a “sell” rating to a “hold” rating in a report on Saturday, February 7th. Raymond James Financial restated an “outperform” rating and set a $765.00 price target on shares of Deere & Company in a research note on Monday. Finally, Daiwa Securities Group lowered their price objective on shares of Deere & Company from $530.00 to $520.00 and set an “outperform” rating on the stock in a research note on Tuesday, December 2nd. Fifteen equities research analysts have rated the stock with a Buy rating, eight have issued a Hold rating and one has issued a Sell rating to the stock. Based on data from MarketBeat, the company has a consensus rating of “Moderate Buy” and an average target price of $637.70.

Insider Activity at Deere & Company

In other news, CEO John C. May II sold 41,472 shares of Deere & Company 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 sale, the chief executive officer owned 117,970 shares in the company, 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 filing with the SEC, which is available at the SEC website. Also, insider Cory J. Reed sold 12,000 shares of the business’s stock in a transaction on Wednesday, January 14th. The stock was 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 directly owned 20,792 shares in the company, valued at $10,603,920. This trade represents a 36.59% decrease in their position. The SEC filing for this sale provides additional information. 0.29% of the stock is currently owned by company insiders.

Deere & Company Stock Down 0.7%

Shares of DE stock opened at $619.32 on Friday. The company has a debt-to-equity ratio of 1.59, a current ratio of 2.21 and a quick ratio of 1.96. Deere & Company has a one year low of $404.42 and a one year high of $674.19. The company’s fifty day moving average price is $534.67 and its 200-day moving average price is $494.74. The company has a market capitalization of $167.88 billion, a price-to-earnings ratio of 34.91, a PEG ratio of 2.23 and a beta of 1.02.

Deere & Company (NYSE:DE) last issued its quarterly earnings results on Thursday, February 19th. The industrial products company reported $2.42 earnings per share (EPS) for the quarter, topping analysts’ consensus estimates of $1.90 by $0.52. The business had revenue of $9.61 billion during the quarter, compared to analyst estimates of $7.50 billion. Deere & Company had a return on equity of 18.93% and a net margin of 10.29%.During the same quarter in the prior year, the business posted $3.19 EPS. Deere & Company’s revenue for the quarter was up 17.5% compared to the same quarter last year. Sell-side analysts expect that Deere & Company will post 19.32 EPS for the current fiscal year.

Deere & Company Announces Dividend

The firm also recently announced a quarterly dividend, which will be paid on Friday, May 8th. Investors of record on Tuesday, March 31st will be paid a dividend of $1.62 per share. This represents a $6.48 annualized dividend and a yield of 1.0%. The ex-dividend date of this dividend is Tuesday, March 31st. Deere & Company’s dividend payout ratio (DPR) is 36.53%.

Key Headlines Impacting Deere & Company

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

• Positive Sentiment: Board declared a quarterly dividend of $1.62 per share (record Mar 31, payable May 8), supporting income-focused investor demand and signaling confidence in cash flow. Article Title
• Positive Sentiment: Analysts and strategists are highlighting Deere as an AI/industrial beneficiary as companies rotate into “old economy” names that are adopting AI-driven productivity and subscription models — a narrative that can support multiple expansion and revenue durability. Article Title
• Positive Sentiment: High-profile endorsements and media coverage (e.g., Jim Cramer) praise Deere’s precision-ag and digital offerings, which can boost retail/flow-driven buying and reinforce the company’s growth story. Article Title
• Positive Sentiment: Partnerships in ag data and digital agronomy (mentioned in coverage of Bayer’s crop science moves) reinforce Deere’s role in farm software/hardware ecosystems — a long-term monetization opportunity. Article Title
• Neutral Sentiment: Shareholders rejected an anti‑DEI proposal — governance outcome that reduces potential reputational/governance noise but is unlikely to move fundamentals materially in the short term. Article Title
• Neutral Sentiment: New industry reports profile Deere’s digital transformation strategy — useful for the long-term narrative but incremental to near-term earnings. Article Title
• Negative Sentiment: Relative to Caterpillar, recent coverage highlights diverging earnings trajectories — Deere positioned as a recovery play while CAT posted a record quarter. That comparison can pressure DE shares if investors prefer the stronger near-term growth story in peers. Article Title

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.