Dakota Wealth Management Sells 802 Shares of Deere & Company $DE

Dakota Wealth Management decreased its holdings in shares of Deere & Company (NYSE:DE) by 3.1% during the third quarter, according to its most recent filing with the Securities and Exchange Commission (SEC). The firm owned 25,110 shares of the industrial products company’s stock after selling 802 shares during the quarter. Dakota Wealth Management’s holdings in Deere & Company were worth $11,499,000 as of its most recent filing with the Securities and Exchange Commission (SEC).

Other institutional investors have also recently made changes to their positions in the company. Howard Hughes Medical Institute bought a new stake in shares of Deere & Company during the 2nd quarter valued at $27,000. Activest Wealth Management boosted its stake in Deere & Company by 69.2% in the 3rd quarter. Activest Wealth Management now owns 66 shares of the industrial products company’s stock worth $30,000 after purchasing an additional 27 shares during the period. Center for Financial Planning Inc. grew its holdings in Deere & Company by 406.7% during the 2nd quarter. Center for Financial Planning Inc. now owns 76 shares of the industrial products company’s stock valued at $39,000 after buying an additional 61 shares in the last quarter. Soundwatch Capital LLC bought a new stake in shares of Deere & Company during the second quarter valued at about $41,000. Finally, United Community Bank lifted its holdings in shares of Deere & Company by 67.3% in the third quarter. United Community Bank now owns 92 shares of the industrial products company’s stock worth $42,000 after buying an additional 37 shares in the last quarter. Hedge funds and other institutional investors own 68.58% of the company’s stock.

Analyst Upgrades and Downgrades

Several equities analysts recently commented on DE shares. Sanford C. Bernstein boosted their price objective on shares of Deere & Company from $521.00 to $615.00 and gave the company a “market perform” rating in a research note on Friday. Citigroup raised their price target on shares of Deere & Company from $515.00 to $675.00 and gave the company a “neutral” rating in a report on Monday. Bank of America boosted their price target on shares of Deere & Company from $502.00 to $672.00 and gave the company a “neutral” rating in a research report on Friday. Weiss Ratings reiterated a “hold (c+)” rating on shares of Deere & Company in a research report on Monday, December 29th. Finally, JPMorgan Chase & Co. dropped their price objective on Deere & Company from $480.00 to $460.00 and set a “neutral” rating for the company in a research note on Friday, December 19th. Fifteen investment analysts have rated the stock with a Buy rating, eight have assigned a Hold rating and one has assigned a Sell rating to the company. Based on data from MarketBeat.com, the company currently has a consensus rating of “Moderate Buy” and a consensus target price of $637.70.

Key Headlines Impacting Deere & Company

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

• Positive Sentiment: Morgan Stanley raised its price target sharply to $730 and maintained an Overweight, one of several recent target increases that support a higher-through-cycle valuation for Deere. Morgan Stanley raises DE target
• Positive Sentiment: Multiple firms have raised price targets (examples: $793, $775, $750, $736 and $615 in recent notes), reflecting analyst views that Deere’s Q1 beat and raised guidance justify higher through‑cycle earnings and price targets. Sample price target raise
• Positive Sentiment: Analysts and models are rerating Deere after a strong Q1 (revenue and EPS beat plus raised guidance), with some fair‑value estimates moving materially higher—this underpins the bullish thesis for longer‑term earnings power. Narrative shift after Q1
• Positive Sentiment: Bayer and John Deere announced tighter integration between FieldView and Operations Center to streamline prescription-to-execution workflows for U.S. farmers — a product/partnership win that could improve product stickiness and services revenue. Bayer partnership
• Neutral Sentiment: Deere is drawing heavy retail and institutional attention (high search/coverage), which increases intraday volatility as investors digest conflicting analyst views. Watch volume and short‑term news flow. Zacks investor attention
• Negative Sentiment: Jefferies downgraded Deere to Underperform/Sell, arguing the stock already prices in a full farm cycle recovery while U.S. farm incomes remain under pressure — that bearish call is a primary driver of near‑term selling pressure and increased debate about valuation. Jefferies downgrade

Deere & Company Stock Performance

Deere & Company stock opened at $646.61 on Tuesday. Deere & Company has a fifty-two week low of $404.42 and a fifty-two week high of $674.19. The company has a debt-to-equity ratio of 1.59, a quick ratio of 1.96 and a current ratio of 2.21. The stock has a market cap of $175.28 billion, a P/E ratio of 36.45, a price-to-earnings-growth ratio of 2.64 and a beta of 1.02. The firm’s fifty day moving average price is $525.73 and its 200-day moving average price is $492.00.

Deere & Company (NYSE:DE) last released its earnings results on Thursday, February 19th. The industrial products company reported $2.42 EPS for the quarter, beating analysts’ consensus estimates of $1.90 by $0.52. Deere & Company had a return on equity of 18.93% and a net margin of 10.29%.The business had revenue of $9.61 billion for the quarter, compared to analysts’ expectations of $7.50 billion. During the same quarter in the prior year, the firm earned $3.19 earnings per share. The firm’s revenue was up 17.5% on a year-over-year basis. On average, equities 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 was paid on Monday, February 9th. Shareholders of record on Wednesday, December 31st were paid a $1.62 dividend. The ex-dividend date of this dividend was Wednesday, December 31st. This represents a $6.48 annualized dividend and a yield of 1.0%. Deere & Company’s dividend payout ratio is currently 36.53%.

Insider Activity at Deere & Company

In other Deere & Company news, CEO John C. May II sold 41,472 shares of the stock in a transaction that occurred on Thursday, January 8th. The shares were sold at an average price of $501.49, for a total transaction of $20,797,793.28. Following the transaction, the chief executive officer directly owned 117,970 shares in the company, valued at $59,160,775.30. This trade represents a 26.01% decrease in their ownership of the stock. The sale was disclosed in a legal filing with the Securities & Exchange Commission, which is available at this hyperlink. Also, insider Cory J. Reed sold 12,000 shares of Deere & Company stock in a transaction that occurred on Wednesday, January 14th. The stock was sold at an average price of $510.00, for a total transaction of $6,120,000.00. Following the transaction, the insider directly owned 20,792 shares in the company, valued at $10,603,920. This trade represents a 36.59% decrease in their ownership of the stock. The SEC filing for this sale provides additional information. 0.29% of the stock is owned by corporate insiders.

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.