Investors Buy High Volume of Call Options on Deere & Company (NYSE:DE)

Deere & Company (NYSE:DE) was the recipient of some unusual options trading on Tuesday. Stock investors bought 8,338 call options on the stock. This represents an increase of approximately 61% compared to the average daily volume of 5,192 call options.

Deere & Company Stock Performance

Shares of DE stock traded up $13.69 during mid-day trading on Tuesday, reaching $668.60. The stock had a trading volume of 1,056,081 shares, compared to its average volume of 1,371,592. Deere & Company has a 1-year low of $433.00 and a 1-year high of $675.75. The firm has a market cap of $180.27 billion, a price-to-earnings ratio of 37.10, a PEG ratio of 2.60 and a beta of 0.90. The company has a current ratio of 2.10, a quick ratio of 1.89 and a debt-to-equity ratio of 1.45. The business’s fifty day moving average is $612.74 and its 200-day moving average is $593.84.

Deere & Company (NYSE:DE) last released its earnings results on Thursday, August 20th. The industrial products company reported $5.10 EPS for the quarter, topping analysts’ consensus estimates of $4.69 by $0.41. Deere & Company had a return on equity of 18.10% and a net margin of 10.16%.The firm had revenue of $12.61 billion during the quarter, compared to the consensus estimate of $10.81 billion. During the same quarter in the previous year, the company posted $4.75 earnings per share. The company’s revenue was up 6.2% compared to the same quarter last year. On average, research analysts forecast that Deere & Company will post 18.11 earnings per share for the current year.

Deere & Company Dividend Announcement

The firm also recently disclosed a quarterly dividend, which will be paid on Monday, November 9th. Stockholders of record on Wednesday, September 30th will be issued a $1.62 dividend. This represents a $6.48 annualized dividend and a dividend yield of 1.0%. The ex-dividend date of this dividend is Wednesday, September 30th. Deere & Company’s dividend payout ratio is 36.00%.

Wall Street Analysts Forecast Growth

A number of equities research analysts have commented on the company. Weiss Ratings reiterated a “hold (c+)” rating on shares of Deere & Company in a research note on Tuesday, August 18th. Citigroup upped their price objective on shares of Deere & Company from $610.00 to $650.00 and gave the company a “neutral” rating in a report on Friday, August 21st. Royal Bank Of Canada reaffirmed an “outperform” rating and issued a $752.00 price objective on shares of Deere & Company in a research report on Monday, August 24th. Nomura upgraded shares of Deere & Company to a “buy” rating in a research note on Monday. Finally, Oppenheimer boosted their target price on shares of Deere & Company from $680.00 to $685.00 and gave the stock an “outperform” rating in a research report on Thursday, August 20th. Sixteen investment analysts have rated the stock with a Buy rating and eight have issued a Hold rating to the company’s stock. Based on data from MarketBeat.com, the company has a consensus rating of “Moderate Buy” and an average target price of $662.98.

Institutional Inflows and Outflows

Several institutional investors have recently made changes to their positions in the business. Cary Street Partners Financial LLC raised its position in shares of Deere & Company by 11.8% during the 4th quarter. Cary Street Partners Financial LLC now owns 10,312 shares of the industrial products company’s stock worth $4,801,000 after purchasing an additional 1,086 shares during the last quarter. Baxter Bros Inc. acquired a new stake in Deere & Company in the 2nd quarter worth about $1,707,000. Global Retirement Partners LLC purchased a new stake in Deere & Company during the 2nd quarter worth approximately $3,890,000. Westpac Banking Corp raised its holdings in shares of Deere & Company by 78.6% during the fourth quarter. Westpac Banking Corp now owns 6,925 shares of the industrial products company’s stock valued at $3,224,000 after acquiring an additional 3,047 shares during the last quarter. Finally, TRB Wealth Management LLC purchased a new position in shares of Deere & Company in the second quarter valued at approximately $623,000. Hedge funds and other institutional investors own 68.58% of the company’s stock.

Deere & Company News Summary

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

• Positive Sentiment: Baird upgraded Deere from Neutral to Outperform and raised its price target to $800 from $640. The firm expects improving North American row-crop fundamentals, including stronger corn prices and demand, to support Deere’s earnings beginning in 2027. Deere Baird Sees Upside as Agricultural Recovery Approaches
• Positive Sentiment: The upgrade was viewed as a catalyst for a targeted rally in farm-equipment stocks. Baird also raised its outlook for AGCO, suggesting a broader improvement in North American agricultural machinery demand rather than a company-specific development. Deere and AGCO Rally as Baird Upgrades Both
• Positive Sentiment: Recent quarterly results provide fundamental support for the bullish view. Deere reported earnings of $5.10 per share, exceeding the $4.69 consensus estimate, while revenue reached $12.61 billion and increased 6.2% year over year. Management also raised fiscal 2026 net-income guidance to $4.75 billion–$5.00 billion and indicated that 2026 could mark the bottom of the current agricultural-equipment cycle. Deere Shares Gain as Bullish Analyst Call Adds to Post-Earnings Momentum
• Neutral Sentiment: The move occurred even as the broader market was weaker, indicating investor rotation into agricultural-equipment shares. However, the $800 target is above the median target of $632.50 from analysts tracked over the past six months, highlighting differing views on the timing and strength of the recovery.
• Negative Sentiment: Recent insider activity shows selling rather than buying: one Deere executive reportedly sold approximately 31,099 shares over the past six months. This may weigh on sentiment, although the sales are small relative to the company’s market capitalization and do not offset the stronger analyst and earnings catalysts.

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.