Assenagon Asset Management S.A. Boosts Stock Position in Deere & Company $DE

Assenagon Asset Management S.A. lifted its stake in shares of Deere & Company (NYSE:DE) by 12.3% in the third quarter, according to the company in its most recent filing with the Securities and Exchange Commission. The firm owned 15,478 shares of the industrial products company’s stock after acquiring an additional 1,690 shares during the quarter. Assenagon Asset Management S.A.’s holdings in Deere & Company were worth $7,077,000 at the end of the most recent reporting period.

Other hedge funds and other institutional investors also recently added to or reduced their stakes in the company. Mid American Wealth Advisory Group Inc. bought a new stake in shares of Deere & Company during the 2nd quarter valued at $25,000. Howard Hughes Medical Institute purchased a new position in shares of Deere & Company in the second quarter worth $27,000. Activest Wealth Management boosted its position in shares of Deere & Company by 2,750.0% during the first quarter. Activest Wealth Management now owns 57 shares of the industrial products company’s stock worth $27,000 after acquiring an additional 55 shares during the last quarter. Marshall & Sullivan Inc. WA bought a new stake in Deere & Company in the 2nd quarter valued at $38,000. Finally, Center for Financial Planning Inc. lifted its stake in Deere & Company by 406.7% in the 2nd quarter. Center for Financial Planning Inc. now owns 76 shares of the industrial products company’s stock worth $39,000 after purchasing an additional 61 shares in the last quarter. 68.58% of the stock is owned by hedge funds and other institutional investors.

Deere & Company Stock Down 0.9%

Shares of Deere & Company stock opened at $470.62 on Monday. The company has a debt-to-equity ratio of 1.68, a current ratio of 2.22 and a quick ratio of 2.01. The stock has a market cap of $127.22 billion, a price-to-earnings ratio of 25.43, a PEG ratio of 1.77 and a beta of 1.00. The firm’s 50-day moving average is $471.38 and its two-hundred day moving average is $486.43. Deere & Company has a 1 year low of $403.01 and a 1 year high of $533.78.

Deere & Company (NYSE:DE) last announced its quarterly earnings results on Wednesday, November 26th. The industrial products company reported $3.93 earnings per share for the quarter, missing the consensus estimate of $3.96 by ($0.03). The business had revenue of $12.39 billion during the quarter, compared to analysts’ expectations of $9.77 billion. Deere & Company had a return on equity of 20.54% and a net margin of 11.00%.Deere & Company’s revenue for the quarter was up 14.1% on a year-over-year basis. During the same period in the previous year, the company posted $4.55 EPS. As a group, research analysts expect that Deere & Company will post 19.32 earnings per share for the current fiscal year.

Deere & Company Announces Dividend

The company also recently announced a quarterly dividend, which will be paid on Monday, February 9th. Shareholders of record on Wednesday, December 31st will be paid a $1.62 dividend. This represents a $6.48 annualized dividend and a yield of 1.4%. The ex-dividend date is Wednesday, December 31st. Deere & Company’s dividend payout ratio (DPR) is 35.01%.

Key Stores Impacting Deere & Company

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

• Neutral Sentiment: Zacks Research keeps a “Hold” rating on DE while updating estimates; the firm’s published note and related write-ups summarize the changes rather than issuing an outright downgrade of the stock.
• Negative Sentiment: Zacks cut FY2026 EPS to $16.74 from $18.83 and trimmed FY2027 to $21.55 from $24.20 — a meaningful downward revision to multi-year earnings expectations that can reduce investor confidence and valuation support. Article Title
• Negative Sentiment: Big cuts to near-term quarters: Q1 2026 EPS cut to $1.99 from $2.83 (largest single-quarter downgrade), and Q2–Q4 2026 estimates were also lowered (Q2: $5.55 from $5.97; Q3: $4.75 from $5.26; Q4: $4.45 from $4.78). These lower quarterly expectations raise the risk that upcoming reports may miss the market’s prior assumptions.
• Negative Sentiment: Zacks also trimmed mid‑2027 quarterly projections (Q2 2027 to $6.19 from $7.24; Q3 2027 to $5.68 from $6.44), signaling the research team expects weaker farm-equipment demand/margin recovery than previously modeled.

Wall Street Analyst Weigh In

Several equities analysts have commented on DE shares. Daiwa Capital Markets lowered their price objective on shares of Deere & Company from $530.00 to $520.00 and set an “outperform” rating for the company in a research report on Tuesday, December 2nd. Jefferies Financial Group increased their target price on shares of Deere & Company from $440.00 to $475.00 and gave the company a “hold” rating in a research note on Tuesday, December 9th. Keefe, Bruyette & Woods restated an “outperform” rating on shares of Deere & Company in a report on Monday, December 1st. Sanford C. Bernstein reiterated a “market perform” rating on shares of Deere & Company in a report on Tuesday, December 9th. Finally, Wall Street Zen lowered Deere & Company from a “hold” rating to a “sell” rating in a research note on Friday, November 28th. One research analyst has rated the stock with a Strong Buy rating, fifteen have issued a Buy rating and ten have given a Hold rating to the company’s stock. According to MarketBeat.com, Deere & Company currently has an average rating of “Moderate Buy” and an average target price of $522.70.

Insider Transactions at Deere & Company

In other Deere & Company news, CEO John C. May II sold 11,106 shares of Deere & Company stock in a transaction on Tuesday, November 25th. The shares were sold at an average price of $500.08, for a total value of $5,553,888.48. Following the transaction, the chief executive officer directly owned 112,453 shares of the company’s stock, valued at approximately $56,235,496.24. The trade was a 8.99% decrease in their ownership of the stock. The transaction was disclosed in a document filed with the Securities & Exchange Commission, which can be accessed through the SEC website. Corporate insiders own 0.29% of the company’s stock.

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.