TD Waterhouse Canada Inc. Lowers Stock Holdings in Deere & Company $DE

TD Waterhouse Canada Inc. lessened its holdings in Deere & Company (NYSE:DE) by 20.0% during the second quarter, according to its most recent disclosure with the SEC. The institutional investor owned 93,591 shares of the industrial products company’s stock after selling 23,334 shares during the period. TD Waterhouse Canada Inc.’s holdings in Deere & Company were worth $58,846,000 as of its most recent SEC filing.

Other institutional investors and hedge funds have also bought and sold shares of the company. BlackRock Inc. purchased a new stake in Deere & Company during the second quarter valued at about $11,763,504,000. State Street Corp grew its stake in shares of Deere & Company by 0.9% during the fourth quarter. State Street Corp now owns 10,485,949 shares of the industrial products company’s stock valued at $4,898,717,000 after buying an additional 97,049 shares during the last quarter. Capital World Investors lifted its stake in shares of 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 last quarter. Price T Rowe Associates Inc. MD boosted its holdings in Deere & Company by 2.1% during the 4th quarter. Price T Rowe Associates Inc. MD now owns 7,692,877 shares of the industrial products company’s stock valued at $3,581,574,000 after acquiring an additional 158,584 shares during the period. Finally, Geode Capital Management LLC boosted its holdings in Deere & Company by 0.3% during the 4th quarter. Geode Capital Management LLC now owns 5,600,552 shares of the industrial products company’s stock valued at $2,609,149,000 after acquiring an additional 17,269 shares during the period. 68.58% of the stock is owned by hedge funds and other institutional investors.

Wall Street Analyst Weigh In

DE has been the topic of a number of analyst reports. Oppenheimer lifted their price target on Deere & Company from $680.00 to $685.00 and gave the stock an “outperform” rating in a research note on Thursday, August 20th. Robert W. Baird raised Deere & Company from a “neutral” rating to an “outperform” rating and increased their price objective for the company from $640.00 to $800.00 in a research note on Monday. Weiss Ratings cut shares of Deere & Company from a “hold (c+)” rating to a “hold (c)” rating in a report on Wednesday. Bank of America decreased their target price on shares of Deere & Company from $672.00 to $607.50 and set a “neutral” rating on the stock in a research note on Friday, May 22nd. Finally, Nomura upgraded shares of Deere & Company to a “buy” rating in a report on Monday. Sixteen investment analysts have rated the stock with a Buy rating and eight have assigned a Hold rating to the stock. According to MarketBeat.com, Deere & Company currently has an average rating of “Moderate Buy” and an average target price of $680.73.

Key Stories Impacting Deere & Company

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

• Positive Sentiment: Analyst upgrades point to potential recovery. Evercore upgraded Deere from “in-line” to “outperform” and set an $813 price target, implying approximately 17% upside from the referenced share price. Baird also raised its rating from “neutral” to “outperform,” citing a potential recovery in agricultural fundamentals by 2027 and stronger equipment demand. Baird Upgrades Deere to Outperform
• Positive Sentiment: Agricultural rebound is supporting the stock’s momentum. Deere has been highlighted among stocks reaching new 52-week highs, with analysts attributing its strength to improving agricultural prospects. The company’s recent earnings beat and revenue growth also provide fundamental support for the recovery thesis. Market Extremes Flash Warning Signs
• Positive Sentiment: Wall Street research remains focused on Deere’s upside. Deere was included in Thursday’s prominent analyst research coverage as broader markets became more volatile, keeping institutional attention on the company’s recovery outlook. Thursday’s Top Wall Street Analyst Research Calls
• Neutral Sentiment: Unusually heavy options volume signals increased trading interest. The activity may reflect positioning around analyst upgrades and Deere’s extended rally, but it does not establish a clear directional outlook. Deere Sees Unusually Large Options Volume
• Negative Sentiment: Valuation and legal uncertainty remain risks. With Deere trading at a high earnings multiple after its substantial gains, investors may demand continued execution. Separately, farmers have begun filing claims related to a Deere settlement, creating a potential overhang even though the immediate financial impact was not specified. Farmers Can Now File Claim in Deere Settlement

Deere & Company Stock Down 0.6%

Shares of NYSE DE opened at $694.00 on Friday. The firm has a fifty day simple moving average of $617.54 and a two-hundred day simple moving average of $595.61. Deere & Company has a 12 month low of $433.00 and a 12 month high of $705.88. 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 firm has a market capitalization of $187.12 billion, a PE ratio of 38.56, a price-to-earnings-growth ratio of 2.88 and a beta of 0.90.

Deere & Company (NYSE:DE) last announced its earnings results on Thursday, August 20th. The industrial products company reported $5.10 earnings per share for the quarter, beating analysts’ consensus estimates of $4.69 by $0.41. Deere & Company had a net margin of 10.16% and a return on equity of 18.10%. The firm had revenue of $12.61 billion for the quarter, compared to analyst estimates of $10.81 billion. During the same quarter in the previous year, the firm posted $4.75 EPS. The company’s revenue for the quarter was up 6.2% compared to the same quarter last year. Equities analysts expect that Deere & Company will post 18.12 earnings per share for the current year.

Deere & Company Dividend Announcement

The business also recently disclosed a quarterly dividend, which will be paid on Monday, November 9th. Shareholders of record on Wednesday, September 30th will be issued a $1.62 dividend. The ex-dividend date is Wednesday, September 30th. This represents a $6.48 annualized dividend and a yield of 0.9%. Deere & Company’s dividend payout ratio (DPR) is 36.00%.

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.