Portfolio Design Labs LLC Makes New Investment in Deere & Company $DE

Portfolio Design Labs LLC purchased a new position in Deere & Company (NYSE:DE) during the second quarter, according to the company in its most recent Form 13F filing with the Securities and Exchange Commission. The institutional investor purchased 1,701 shares of the industrial products company’s stock, valued at approximately $1,079,000.

Other institutional investors and hedge funds have also recently made changes to their positions in the company. Reliant Investment Partners LLC bought a new stake in shares of Deere & Company during the 2nd quarter worth $230,000. Hara Capital LLC bought a new position in Deere & Company in the second quarter valued at $1,205,000. SGL Investment Advisors Inc. bought a new position in Deere & Company in the second quarter valued at $391,000. Advisors Capital Management LLC purchased a new stake in Deere & Company during the second quarter valued at about $37,612,000. Finally, MJP Associates Inc. ADV purchased a new stake in Deere & Company during the second quarter valued at about $483,000. Hedge funds and other institutional investors own 68.58% of the company’s stock.

Deere & Company Trading Up 7.5%

DE opened at $624.38 on Friday. The business has a 50 day simple moving average of $605.47 and a two-hundred day simple moving average of $590.34. The firm has a market capitalization of $168.55 billion, a price-to-earnings ratio of 35.38, a PEG ratio of 2.46 and a beta of 0.90. The company has a debt-to-equity ratio of 1.54, a current ratio of 2.18 and a quick ratio of 1.95. Deere & Company has a one year low of $433.00 and a one year high of $674.19.

Deere & Company (NYSE:DE) last issued its quarterly earnings data on Thursday, August 20th. The industrial products company reported $5.10 earnings per share for the quarter, topping analysts’ consensus estimates of $4.69 by $0.41. The firm had revenue of $12.61 billion for the quarter, compared to analyst estimates of $10.81 billion. Deere & Company had a return on equity of 18.25% and a net margin of 10.09%.The business’s quarterly revenue was up 6.2% compared to the same quarter last year. During the same period last year, the company earned $4.75 EPS. Analysts predict that Deere & Company will post 18.21 EPS for the current year.

Deere & Company Dividend Announcement

The firm also recently declared a quarterly dividend, which was paid on Monday, August 10th. Investors of record on Tuesday, June 30th were paid a $1.62 dividend. The ex-dividend date of this dividend was Tuesday, June 30th. This represents a $6.48 dividend on an annualized basis and a yield of 1.0%. Deere & Company’s dividend payout ratio (DPR) is presently 36.71%.

Key Headlines Impacting Deere & Company

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

• Positive Sentiment: Deere reported fiscal Q3 net income of $1.379 billion, or $5.10 per share, up from $4.75 per share a year earlier. Revenue rose approximately 6% to $12.61 billion, exceeding analyst expectations for both earnings and sales. Deere Reports Third Quarter Net Income of $1.379 Billion
• Positive Sentiment: Management raised fiscal 2026 net-income guidance to $4.75 billion-$5.00 billion, from a prior range of $4.50 billion-$5.00 billion, and expects $5 billion-$5.5 billion in equipment-operations cash flow. Deere Raises FY2026 Net Income Outlook
• Positive Sentiment: The Construction & Forestry and Small Agriculture & Turf divisions provided the main upside, with demand tied to energy infrastructure and data-center construction supporting Deere’s nonfarm businesses. The company also indicated that fiscal 2026 could mark the bottom of the current agricultural equipment cycle. Deere Stock Soars After Construction Unit Drives Earnings Beat
• Neutral Sentiment: Management cited improving early order trends, used-equipment inventories and resilient parts demand, which may support a gradual recovery; however, the broader farm-equipment rebound is expected to be more pronounced in 2027. Deere Narrows Profit Outlook as Farm Recovery Seen in 2027
• Negative Sentiment: Production agriculture remains pressured by weak farm conditions, while tariffs and regional sales weakness could weigh on margins and demand. The stock’s strong earnings reaction also leaves valuation and expectations elevated, increasing sensitivity to any signs that the agricultural recovery is delayed.

Analyst Ratings Changes

A number of research firms have recently issued reports on DE. JPMorgan Chase & Co. cut their price objective on Deere & Company from $590.00 to $570.00 and set a “neutral” rating for the company in a report on Friday, August 14th. Citigroup raised their price objective on Deere & Company from $575.00 to $610.00 and gave the company a “neutral” rating in a report on Tuesday, July 14th. Seaport Research Partners set a $570.00 target price on Deere & Company in a research report on Friday, August 14th. Oppenheimer reaffirmed an “outperform” rating on shares of Deere & Company in a research note on Thursday. Finally, Raymond James Financial reduced their price target on shares of Deere & Company from $765.00 to $700.00 and set an “outperform” rating on the stock in a research report on Friday, May 22nd. Fourteen investment analysts have rated the stock with a Buy rating and nine have given a Hold rating to the company. Based on data from MarketBeat.com, the company currently has a consensus rating of “Moderate Buy” and a consensus price target of $641.98.

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.