Deere & Company $DE Shares Bought by Compass Capital Management Inc.

Compass Capital Management Inc. raised its stake in Deere & Company (NYSE:DE) by 29.1% during the first quarter, according to the company in its most recent 13F filing with the Securities & Exchange Commission. The fund owned 19,652 shares of the industrial products company’s stock after purchasing an additional 4,429 shares during the quarter. Compass Capital Management Inc.’s holdings in Deere & Company were worth $11,070,000 at the end of the most recent quarter.

Several other institutional investors also recently made changes to their positions in DE. Norges Bank purchased a new position in shares of Deere & Company in the 4th quarter worth $1,715,633,000. Capital World Investors boosted its holdings in Deere & Company by 53.9% in the fourth 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. Northwestern Mutual Wealth Management Co. grew its position in Deere & Company by 1,725.8% during the fourth quarter. Northwestern Mutual Wealth Management Co. now owns 2,003,715 shares of the industrial products company’s stock valued at $932,870,000 after acquiring an additional 1,893,972 shares during the period. M&T Bank Corp grew its position in Deere & Company by 1,199.8% during the fourth quarter. M&T Bank Corp now owns 1,864,701 shares of the industrial products company’s stock valued at $868,149,000 after acquiring an additional 1,721,239 shares during the period. Finally, Diamant Asset Management Inc. increased its stake in Deere & Company by 56,230.0% during the first quarter. Diamant Asset Management Inc. now owns 610,617 shares of the industrial products company’s stock worth $343,961,000 after acquiring an additional 609,533 shares during the last quarter. 68.58% of the stock is owned by hedge funds and other institutional investors.

Analyst Ratings Changes

A number of equities analysts have recently commented on DE shares. JPMorgan Chase & Co. raised their price objective on Deere & Company from $560.00 to $590.00 and gave the stock a “neutral” rating in a report on Thursday, June 4th. Robert W. Baird decreased their target price on Deere & Company from $580.00 to $525.00 and set a “neutral” rating for the company in a report on Friday, May 22nd. Raymond James Financial dropped their target price on shares of Deere & Company from $765.00 to $700.00 and set an “outperform” rating for the company in a research report on Friday, May 22nd. Jefferies Financial Group upgraded shares of Deere & Company from an “underperform” rating to a “hold” rating and set a $550.00 price target on the stock in a report on Wednesday, April 8th. Finally, Weiss Ratings raised shares of Deere & Company from a “hold (c)” rating to a “hold (c+)” rating in a research report on Thursday, May 21st. 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 stock presently has a consensus rating of “Moderate Buy” and an average price target of $642.98.

Key Headlines Impacting Deere & Company

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

• Positive Sentiment: New growth categories could support longer-term expansion. Deere is reportedly finding additional areas for growth beyond its traditional equipment markets, providing a potentially favorable strategic narrative for investors. Deere Stock: Buy, Hold, or Sell?
• Neutral Sentiment: Investors are comparing Deere’s valuation with Alamo Group. Recent value-focused analyses examine whether Deere (DE) or Alamo Group (ALG) offers the better opportunity in the farm-equipment sector. The coverage underscores that Deere remains a closely watched valuation decision, but provides no clear new catalyst by itself. ALG or DE: Which Is the Better Value Stock Right Now?
• Negative Sentiment: Labor negotiations remain a source of uncertainty. Deere and the United Auto Workers are still debating a proposed contract extension ahead of a union vote. Continued negotiations could raise concerns about labor costs, production disruptions, or operational visibility. Deere, UAW still debating contract extension proposal ahead of union vote
• Negative Sentiment: The right-to-repair settlement may increase compliance and support costs. Deere settled an antitrust case that expands farmers’ ability to repair equipment, potentially limiting some manufacturer-controlled service revenue and requiring changes to repair practices. Although the settlement removes litigation uncertainty, its financial and competitive effects may weigh on sentiment. Deere settled an antitrust case that expands farmers’ right to repair equipment
• Negative Sentiment: DE underperformed while the broader market improved. Deere’s recent decline appears partly driven by company-specific concerns rather than a broad market selloff, reinforcing investor focus on labor negotiations, regulatory developments, and valuation. Deere Stock Declines While Market Improves

Deere & Company Stock Down 1.1%

Shares of NYSE DE opened at $592.70 on Friday. The stock has a fifty day moving average price of $591.56 and a 200 day moving average price of $580.66. The company has a current ratio of 2.18, a quick ratio of 1.95 and a debt-to-equity ratio of 1.54. Deere & Company has a 12-month low of $433.00 and a 12-month high of $674.19. The company has a market cap of $159.99 billion, a P/E ratio of 33.58, a P/E/G ratio of 2.53 and a beta of 0.89.

Deere & Company (NYSE:DE) last issued its quarterly earnings data on Thursday, May 21st. The industrial products company reported $6.55 EPS for the quarter, topping analysts’ consensus estimates of $5.70 by $0.85. Deere & Company had a return on equity of 18.25% and a net margin of 10.09%.The company had revenue of $13.37 billion for the quarter, compared to analysts’ expectations of $11.55 billion. During the same quarter in the previous year, the firm posted $6.64 earnings per share. The firm’s quarterly revenue was up 5.4% on a year-over-year basis. Research analysts anticipate that Deere & Company will post 18.28 EPS for the current fiscal year.

Deere & Company Announces Dividend

The business also recently announced a quarterly dividend, which will be paid on Monday, August 10th. Investors of record on Tuesday, June 30th will be issued a dividend of $1.62 per share. This represents a $6.48 annualized dividend and a dividend yield of 1.1%. The ex-dividend date is Tuesday, June 30th. Deere & Company’s dividend payout ratio (DPR) is presently 36.71%.

About Deere & Company

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.