Northwestern Mutual Wealth Management Co. Boosts Stake in Deere & Company $DE

Northwestern Mutual Wealth Management Co. increased its holdings in shares of Deere & Company (NYSE:DE) by 2.5% during the second quarter, according to its most recent filing with the Securities & Exchange Commission. The firm owned 139,887 shares of the industrial products company’s stock after acquiring an additional 3,392 shares during the period. Northwestern Mutual Wealth Management Co.’s holdings in Deere & Company were worth $88,735,000 as of its most recent SEC filing.

Other hedge funds also recently bought and sold shares of the company. BlackRock Inc. purchased a new stake in shares of Deere & Company in the second quarter valued at approximately $11,763,504,000. Norges Bank acquired a new stake in Deere & Company in the 4th quarter valued at $1,715,633,000. Capital World Investors grew its stake in Deere & Company by 53.9% in the 4th quarter. Capital World Investors now owns 9,592,004 shares of the industrial products company’s stock valued at $4,465,906,000 after acquiring an additional 3,358,264 shares during the period. Bank of America Corp DE purchased a new stake in Deere & Company in the 2nd quarter worth $1,685,093,000. Finally, Bank of New York Mellon Corp acquired a new position in Deere & Company during the second quarter worth $1,259,279,000. Hedge funds and other institutional investors own 68.58% of the company’s stock.

Deere & Company Price Performance

DE stock opened at $674.74 on Wednesday. The company has a debt-to-equity ratio of 1.45, a current ratio of 2.10 and a quick ratio of 1.89. The business has a 50 day simple moving average of $614.39 and a 200-day simple moving average of $594.27. The firm has a market capitalization of $181.92 billion, a PE ratio of 37.49, a price-to-earnings-growth ratio of 2.70 and a beta of 0.90. Deere & Company has a 1 year low of $433.00 and a 1 year high of $677.89.

Deere & Company (NYSE:DE) last announced its quarterly earnings data 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. The firm had revenue of $12.61 billion for the quarter, compared to the consensus estimate of $10.81 billion. Deere & Company had a return on equity of 18.10% and a net margin of 10.16%.The firm’s revenue was up 6.2% compared to the same quarter last year. During the same quarter last year, the business posted $4.75 earnings per share. Equities research analysts anticipate that Deere & Company will post 18.11 earnings per share for the current fiscal year.

Deere & Company Dividend Announcement

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

Key Headlines Impacting Deere & Company

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

• Positive Sentiment: Baird upgraded Deere to Outperform from Neutral and raised its price target to $800 from $640. The firm expects improving North American agricultural fundamentals in 2027, including potentially stronger corn prices and row-crop demand. Baird Just Upgraded Deere Stock. Here’s Why
• Positive Sentiment: The upgrade reinforces a recovery thesis: Baird believes the current farm-equipment downturn could bottom in 2026, setting up stronger equipment demand and profits in 2027. The call also lifted sentiment across agricultural machinery stocks. How Deere Stock Can Hit $800. A Farming Recovery Is Coming.
• Positive Sentiment: Deere’s latest quarterly results provide additional support for the bullish outlook. The company exceeded earnings and revenue expectations, reported year-over-year revenue growth, and raised fiscal 2026 net-income guidance to approximately $4.75 billion-$5.00 billion.
• Positive Sentiment: Unusually heavy call-option activity, with investors purchasing roughly 61% more calls than typical, signals increased short-term bullish positioning, although options activity can also amplify volatility.
• Positive Sentiment: Deere launched “JD,” an artificial-intelligence assistant integrated into its Operations Center. The tool is designed to help farmers analyze field data and make operational decisions, potentially strengthening Deere’s technology offering and customer relationships. Deere launches AI assistant named JD to guide farmers

Wall Street Analyst Weigh In

Several analysts have recently issued reports on the stock. Raymond James Financial lifted their target price on shares of Deere & Company from $700.00 to $730.00 and gave the company an “outperform” rating in a research report on Monday. JPMorgan Chase & Co. raised their price target on shares of Deere & Company from $570.00 to $585.00 and gave the company a “neutral” rating in a research note on Friday, August 21st. DA Davidson boosted their price objective on Deere & Company from $685.00 to $760.00 and gave the stock a “buy” rating in a research note on Monday, August 24th. Citigroup increased their target price on Deere & Company from $610.00 to $650.00 and gave the company a “neutral” rating in a report on Friday, August 21st. Finally, Wall Street Zen downgraded Deere & Company from a “hold” rating to a “sell” rating in a research report on Saturday, August 22nd. Sixteen research analysts have rated the stock with a Buy rating and eight have given a Hold rating to the company. Based on data from MarketBeat.com, the stock has an average rating of “Moderate Buy” and an average target price of $662.98.

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.