BNC Wealth Management LLC Acquires New Position in Deere & Company $DE

BNC Wealth Management LLC acquired a new stake in shares of Deere & Company (NYSE:DE) in the fourth quarter, according to its most recent filing with the Securities and Exchange Commission. The fund acquired 5,329 shares of the industrial products company’s stock, valued at approximately $2,481,000.

A number of other hedge funds also recently made changes to their positions in DE. Strategic Advocates LLC bought a new position in shares of Deere & Company during the 3rd quarter valued at approximately $25,000. Activest Wealth Management grew its stake in shares of Deere & Company by 69.2% during the 3rd quarter. Activest Wealth Management now owns 66 shares of the industrial products company’s stock valued at $30,000 after acquiring an additional 27 shares during the period. Wealth Watch Advisors INC bought a new position in shares of Deere & Company during the 3rd quarter valued at approximately $32,000. United Community Bank grew its stake in shares of Deere & Company by 67.3% during the 3rd quarter. United Community Bank now owns 92 shares of the industrial products company’s stock valued at $42,000 after acquiring an additional 37 shares during the period. Finally, GoalVest Advisory LLC grew its stake in shares of Deere & Company by 56.7% during the 4th quarter. GoalVest Advisory LLC now owns 94 shares of the industrial products company’s stock valued at $44,000 after acquiring an additional 34 shares during the period. 68.58% of the stock is currently owned by institutional investors.

Deere & Company Trading Up 1.4%

DE stock opened at $617.57 on Friday. Deere & Company has a 1-year low of $428.53 and a 1-year high of $674.19. The company has a debt-to-equity ratio of 1.59, a current ratio of 2.21 and a quick ratio of 1.96. The company has a market capitalization of $166.81 billion, a price-to-earnings ratio of 34.81, a PEG ratio of 2.13 and a beta of 0.98. The business has a 50 day simple moving average of $590.44 and a two-hundred day simple moving average of $516.09.

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

Deere & Company Dividend Announcement

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

Analysts Set New Price Targets

A number of research analysts recently issued reports on the company. Morgan Stanley boosted their price objective on Deere & Company from $560.00 to $730.00 and gave the company an “overweight” rating in a research note on Monday, February 23rd. Royal Bank Of Canada upped their price target on Deere & Company from $541.00 to $736.00 and gave the stock an “outperform” rating in a research note on Friday, February 20th. Wells Fargo & Company upped their price target on Deere & Company from $543.00 to $750.00 and gave the stock an “overweight” rating in a research note on Friday, February 20th. Bank of America upped their price target on Deere & Company from $502.00 to $672.00 and gave the stock a “neutral” rating in a research note on Friday, February 20th. Finally, Robert W. Baird dropped their price target on Deere & Company from $675.00 to $580.00 and set a “neutral” rating for the company in a research note on Thursday, April 2nd. Sixteen research analysts have rated the stock with a Buy rating and nine have issued a Hold rating to the stock. Based on data from MarketBeat.com, the company presently has a consensus rating of “Moderate Buy” and an average price target of $650.95.

Insider Activity at Deere & Company

In other news, insider Cory J. Reed sold 12,000 shares of the stock in a transaction that occurred 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 approximately $10,603,920. This represents a 36.59% decrease in their position. The transaction was disclosed in a legal filing with the Securities & Exchange Commission, which can be accessed through the SEC website. Corporate insiders own 0.29% of the company’s stock.

Key Deere & Company News

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

• Positive Sentiment: Deere agreed to a $99 million class‑action settlement in multi‑year “right to repair” litigation and committed to provide repair software/tools to owners and independent shops for the next decade — removes a major legal overhang and reshapes aftermarket economics, improving investor certainty. John Deere Is Paying Farmers $99 Million for Allegedly Monopolizing Repair
• Positive Sentiment: Jefferies upgraded DE to Hold from Underperform and said recent pullbacks make downside limited; the upgrade (and related Wall Street chatter) supported the stock by signaling the worst of the agricultural cycle may be behind Deere. Jefferies sees limited downside for Deere after 15% pullback, upgrades to Hold
• Positive Sentiment: Order growth from data‑center construction is accelerating Deere’s construction segment (reports of ~50% order growth), helping offset weakness in the ag cycle and boosting revenue diversification prospects. This is a key operational tailwind that investors are valuing. The Green Machine Finds a Second Gear as AI Data Centers Drive 50% Order Growth
• Positive Sentiment: Erste Group raised FY2026/FY2027 EPS forecasts for DE, signaling improving analyst fundamentals expectations and supporting valuation after strong recent earnings and revenue beats. Erste Group raises DE EPS estimates
• Neutral Sentiment: Brokerage consensus sits around “Moderate Buy,” reflecting mixed views — bullish on secular strengths and services, cautious on cyclicality; this stabilizes demand for the shares but tempers upside. Deere Receives Average Recommendation of Moderate Buy
• Neutral Sentiment: Comparisons to peer AGCO and valuation debates are active — some value investors question whether recent gains fully price in cyclicality, creating mixed trading flows. AGCO vs. DE: Which Stock Is the Better Value Option?
• Negative Sentiment: Critical commentary and “sell” pieces highlight stretched valuation after strong multi‑year gains and argue downside risks remain if the ag cycle worsens — these narratives can pressure sentiment even after positive news. 3 Reasons to Sell DE and 1 Stock to Buy Instead
• Negative Sentiment: Regulatory risk is not fully closed: a separate FTC lawsuit against Deere remains pending, leaving potential future legal/regulatory costs and uncertainty. Deere agrees to pay $99M in ‘right to repair’ settlement

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.