Exchange Traded Concepts LLC Sells 24,062 Shares of Deere & Company $DE

Exchange Traded Concepts LLC decreased its holdings in Deere & Company (NYSE:DE) by 39.6% during the 4th quarter, according to the company in its most recent filing with the SEC. The fund owned 36,669 shares of the industrial products company’s stock after selling 24,062 shares during the period. Exchange Traded Concepts LLC’s holdings in Deere & Company were worth $17,072,000 as of its most recent SEC filing.

A number of other institutional investors also recently modified their holdings of the business. Marshall Wace LLP lifted its position in shares of Deere & Company by 573.9% during the 2nd quarter. Marshall Wace LLP now owns 842,882 shares of the industrial products company’s stock worth $428,597,000 after buying an additional 717,808 shares during the last quarter. Van ECK Associates Corp grew its position in Deere & Company by 278.0% in the third quarter. Van ECK Associates Corp now owns 487,697 shares of the industrial products company’s stock valued at $223,005,000 after acquiring an additional 358,687 shares during the last quarter. Invesco Ltd. grew its position in Deere & Company by 21.7% in the third quarter. Invesco Ltd. now owns 1,815,007 shares of the industrial products company’s stock valued at $829,930,000 after acquiring an additional 323,512 shares during the last quarter. Capital World Investors raised its stake in Deere & Company by 5.5% during the third quarter. Capital World Investors now owns 6,233,740 shares of the industrial products company’s stock worth $2,850,687,000 after acquiring an additional 322,582 shares in the last quarter. Finally, Two Sigma Investments LP acquired a new position in Deere & Company during the third quarter worth about $143,519,000. Institutional investors and hedge funds own 68.58% of the company’s stock.

Analysts Set New Price Targets

DE has been the topic of a number of research analyst reports. Oppenheimer restated an “outperform” rating and issued a $715.00 price target on shares of Deere & Company in a research note on Friday, February 20th. Keefe, Bruyette & Woods reiterated an “outperform” rating on shares of Deere & Company in a research report on Monday, December 1st. Bank of America increased their price objective on shares of Deere & Company from $502.00 to $672.00 and gave the company a “neutral” rating in a research note on Friday, February 20th. Truist Financial raised their target price on shares of Deere & Company from $612.00 to $793.00 and gave the company a “buy” rating in a research report on Friday, February 20th. Finally, Sanford C. Bernstein boosted their target price on shares of Deere & Company from $521.00 to $615.00 and gave the stock a “market perform” rating in a research note on Friday, February 20th. Sixteen 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. According to MarketBeat.com, the company currently has an average rating of “Moderate Buy” and an average target price of $644.70.

Insider Activity at Deere & Company

In other Deere & Company news, insider Cory J. Reed sold 12,000 shares of the company’s stock in a transaction that occurred on Wednesday, January 14th. The shares were sold at an average price of $510.00, for a total value of $6,120,000.00. Following the completion of the transaction, the insider directly owned 20,792 shares in the company, valued at approximately $10,603,920. This represents a 36.59% decrease in their position. The sale was disclosed in a legal filing with the SEC, which can be accessed through this link. Also, CEO John C. May II sold 41,472 shares of the firm’s stock in a transaction 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 of the company’s stock, valued at $59,160,775.30. The trade was a 26.01% decrease in their position. Additional details regarding this sale are available in the official SEC disclosure. Corporate insiders own 0.29% of the company’s stock.

Key Stories Impacting Deere & Company

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

• Positive Sentiment: Erste Group raised its FY2026 and FY2027 EPS estimates for Deere, signaling stronger-than-expected profit outlook that can support valuation and analyst confidence. Erste Group Raises Estimates (MarketBeat)
• Positive Sentiment: John Deere announced a strategic manufacturing partnership with Tarter USA to produce American-made Flex Wing Rotary Cutters under the Frontier brand — a product/production tie-up that can strengthen aftermarket sales and U.S. supply resilience. John Deere and Tarter USA Announce Strategic Partnership
• Positive Sentiment: Jim Cramer included Deere among his top robotics and physical-AI stock picks, a visibility boost that can attract momentum buying from retail and thematic investors. Jim Cramer’s Hottest Robotics and Physical AI Stock Picks
• Positive Sentiment: Technical commentary revisiting Deere flagged bullish setups and buying opportunities after recent price action and earnings responses — a short-term positive for traders. Revisiting Former Stock Picks (Barron’s)
• Neutral Sentiment: Analysts and write-ups note farm income headwinds per USDA data could pressure ag equipment demand, but Deere’s rising construction exposure and management’s higher FY26 guidance may offset some ag weakness — a mixed fundamental picture to watch. Will USDA’s Farm Income Decline Reflect on Deere’s Margin in FY26? (Zacks)
• Neutral Sentiment: Coverage such as Seeking Alpha describes Deere as outperforming broader markets but “fairly valued,” implying limited upside unless earnings forecasts accelerate. Deere & Company: Outrunning Broader Markets (Seeking Alpha)
• Neutral Sentiment: Note: an article about Decisive Dividend Corporation (CVE:DE) appearing in feeds refers to a different ticker (CVE:DE) and is not related to Deere & Company (NYSE:DE). Investors should not confuse the two. Decisive Dividend Corporation Ex-Dividend (Yahoo)
• Negative Sentiment: Barron’s published a cautionary piece arguing Deere and other industrials are expensive and recommending alternatives, a headline that can trigger profit-taking or weigh on valuation sentiment. Avoid Deere and Other Expensive Industrial Stocks (Barron’s)

Deere & Company Stock Performance

Shares of DE stock opened at $566.78 on Friday. The firm has a market capitalization of $153.09 billion, a price-to-earnings ratio of 31.95, a PEG ratio of 1.98 and a beta of 0.96. The company has a current ratio of 2.21, a quick ratio of 1.96 and a debt-to-equity ratio of 1.59. The business’s 50-day moving average price is $579.69 and its 200-day moving average price is $509.59. Deere & Company has a 12 month low of $404.42 and a 12 month high of $674.19.

Deere & Company (NYSE:DE) last released its quarterly earnings data on Thursday, February 19th. The industrial products company reported $2.42 earnings per share (EPS) for the quarter, beating the consensus estimate of $1.90 by $0.52. The company had revenue of $9.61 billion during the quarter, compared to the consensus estimate of $7.50 billion. Deere & Company had a return on equity of 18.93% and a net margin of 10.29%.The firm’s revenue was up 17.5% compared to the same quarter last year. During the same quarter in the prior year, the firm posted $3.19 earnings per share. Equities research analysts forecast that Deere & Company will post 19.32 EPS for the current year.

Deere & Company Announces Dividend

The firm also recently announced a quarterly dividend, which will be paid on Friday, May 8th. Shareholders of record on Tuesday, March 31st will be issued a dividend of $1.62 per share. This represents a $6.48 dividend on an annualized basis and a yield of 1.1%. The ex-dividend date of this dividend is Tuesday, March 31st. Deere & Company’s payout ratio is presently 36.53%.

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.