DNB Asset Management AS Boosts Stake in Deere & Company $DE

DNB Asset Management AS boosted its position in shares of Deere & Company (NYSE:DE) by 2.7% in the third quarter, Holdings Channel.com reports. The institutional investor owned 100,608 shares of the industrial products company’s stock after acquiring an additional 2,662 shares during the period. DNB Asset Management AS’s holdings in Deere & Company were worth $46,004,000 at the end of the most recent reporting period.

Several other institutional investors have also added to or reduced their stakes in the company. Brighton Jones LLC increased its position in Deere & Company by 39.1% in the fourth quarter. Brighton Jones LLC now owns 4,548 shares of the industrial products company’s stock worth $1,927,000 after purchasing an additional 1,278 shares during the last quarter. Schnieders Capital Management LLC. boosted its stake in Deere & Company by 7.8% during the second quarter. Schnieders Capital Management LLC. now owns 2,076 shares of the industrial products company’s stock worth $1,056,000 after buying an additional 150 shares during the period. Transcend Capital Advisors LLC grew its holdings in Deere & Company by 4.5% during the 2nd quarter. Transcend Capital Advisors LLC now owns 782 shares of the industrial products company’s stock valued at $398,000 after purchasing an additional 34 shares during the last quarter. Y Intercept Hong Kong Ltd purchased a new stake in shares of Deere & Company in the second quarter worth approximately $2,084,000. Finally, WNY Asset Management LLC lifted its position in shares of Deere & Company by 20.4% during the second quarter. WNY Asset Management LLC now owns 590 shares of the industrial products company’s stock worth $300,000 after purchasing an additional 100 shares during the last quarter. Hedge funds and other institutional investors own 68.58% of the company’s stock.

Key Deere & Company News

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

• Positive Sentiment: Board declared a quarterly dividend of $1.62 per share (record Mar 31, payable May 8), supporting income-focused investor demand and signaling confidence in cash flow. Article Title
• Positive Sentiment: Analysts and strategists are highlighting Deere as an AI/industrial beneficiary as companies rotate into “old economy” names that are adopting AI-driven productivity and subscription models — a narrative that can support multiple expansion and revenue durability. Article Title
• Positive Sentiment: High-profile endorsements and media coverage (e.g., Jim Cramer) praise Deere’s precision-ag and digital offerings, which can boost retail/flow-driven buying and reinforce the company’s growth story. Article Title
• Positive Sentiment: Partnerships in ag data and digital agronomy (mentioned in coverage of Bayer’s crop science moves) reinforce Deere’s role in farm software/hardware ecosystems — a long-term monetization opportunity. Article Title
• Neutral Sentiment: Shareholders rejected an anti‑DEI proposal — governance outcome that reduces potential reputational/governance noise but is unlikely to move fundamentals materially in the short term. Article Title
• Neutral Sentiment: New industry reports profile Deere’s digital transformation strategy — useful for the long-term narrative but incremental to near-term earnings. Article Title
• Negative Sentiment: Relative to Caterpillar, recent coverage highlights diverging earnings trajectories — Deere positioned as a recovery play while CAT posted a record quarter. That comparison can pressure DE shares if investors prefer the stronger near-term growth story in peers. Article Title

Deere & Company Stock Down 0.7%

Shares of DE stock opened at $619.32 on Friday. Deere & Company has a fifty-two week low of $404.42 and a fifty-two week high of $674.19. The firm has a market capitalization of $167.88 billion, a PE ratio of 34.91, a P/E/G ratio of 2.23 and a beta of 1.02. 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’s 50-day simple moving average is $534.67 and its 200-day simple moving average is $494.74.

Deere & Company (NYSE:DE) last released its earnings results on Thursday, February 19th. The industrial products company reported $2.42 EPS for the quarter, topping 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 firm had revenue of $9.61 billion during the quarter, compared to the consensus estimate of $7.50 billion. During the same quarter in the previous year, the company posted $3.19 earnings per share. The company’s revenue was up 17.5% compared to the same quarter last year. Equities analysts expect that Deere & Company will post 19.32 earnings per share for the current year.

Deere & Company Announces Dividend

The firm also recently disclosed a quarterly dividend, which will be paid on Friday, May 8th. Stockholders of record on Tuesday, March 31st will be issued a $1.62 dividend. This represents a $6.48 annualized dividend and a dividend yield of 1.0%. The ex-dividend date of this dividend is Tuesday, March 31st. Deere & Company’s dividend payout ratio is 36.53%.

Analyst Upgrades and Downgrades

A number of analysts recently issued reports on DE shares. Royal Bank Of Canada boosted their price target on Deere & Company from $541.00 to $736.00 and gave the company an “outperform” rating in a report on Friday, February 20th. Weiss Ratings reaffirmed a “hold (c+)” rating on shares of Deere & Company in a research report on Monday, December 29th. Jefferies Financial Group cut shares of Deere & Company from a “hold” rating to an “underperform” rating and increased their target price for the company from $475.00 to $550.00 in a research report on Monday. Morgan Stanley raised their target price on shares of Deere & Company from $560.00 to $730.00 and gave the company an “overweight” rating in a research note on Monday. Finally, Wolfe Research upped their price target on Deere & Company from $520.00 to $550.00 and gave the stock an “outperform” rating in a research report on Friday, January 2nd. Fifteen equities research analysts have rated the stock with a Buy rating, eight have assigned a Hold rating and one has given a Sell rating to the company’s stock. According to MarketBeat.com, the stock has an average rating of “Moderate Buy” and an average target price of $637.70.

Insiders Place Their Bets

In other Deere & Company news, CEO John C. May II sold 41,472 shares of the company’s stock in a transaction on Thursday, January 8th. The shares were sold at an average price of $501.49, for a total value of $20,797,793.28. Following the sale, the chief executive officer directly owned 117,970 shares of the company’s stock, valued at approximately $59,160,775.30. This represents a 26.01% 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 this link. Also, insider Cory J. Reed sold 12,000 shares of the stock in a transaction dated Wednesday, January 14th. The stock was sold at an average price of $510.00, for a total value of $6,120,000.00. Following the sale, the insider directly owned 20,792 shares in the company, valued at $10,603,920. This represents a 36.59% decrease in their ownership of the stock. Additional details regarding this sale are available in the official SEC disclosure. 0.29% of the stock is owned by corporate insiders.

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.