28,279 Shares in Deere & Company $DE Purchased by Eldred Rock Partners LLC

Eldred Rock Partners LLC purchased a new position in Deere & Company (NYSE:DE) during the fourth quarter, according to its most recent Form 13F filing with the Securities and Exchange Commission. The firm purchased 28,279 shares of the industrial products company’s stock, valued at approximately $13,166,000. Deere & Company comprises approximately 3.4% of Eldred Rock Partners LLC’s holdings, making the stock its 13th largest position.

Several other hedge funds and other institutional investors also recently added to or reduced their stakes in the business. Howard Hughes Medical Institute purchased a new position in shares of Deere & Company during the 2nd quarter worth about $27,000. Strategic Advocates LLC purchased a new stake in Deere & Company in the third quarter valued at approximately $25,000. Activest Wealth Management increased its position in Deere & Company by 69.2% during the third 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 last quarter. Wealth Watch Advisors INC acquired a new position in Deere & Company during the third quarter worth approximately $32,000. Finally, United Community Bank raised its stake in Deere & Company by 67.3% during the third quarter. United Community Bank now owns 92 shares of the industrial products company’s stock worth $42,000 after purchasing an additional 37 shares during the period. Hedge funds and other institutional investors own 68.58% of the company’s stock.

Insider Activity

In other news, insider Cory J. Reed sold 12,000 shares of the company’s stock in a transaction dated 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 sale, the insider 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 document filed with the SEC, which can be accessed through this hyperlink. Also, CEO John C. May II sold 41,472 shares of the stock in a transaction dated Thursday, January 8th. The stock was 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. The trade was a 26.01% decrease in their position. Additional details regarding this sale are available in the official SEC disclosure. 0.29% of the stock is currently owned by insiders.

Deere & Company Stock Performance

Shares of DE stock opened at $575.49 on Friday. 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 company has a market cap of $155.45 billion, a PE ratio of 32.44, a P/E/G ratio of 2.00 and a beta of 0.98. The company’s fifty day simple moving average is $583.51 and its 200-day simple moving average is $511.93. Deere & Company has a 52 week low of $404.42 and a 52 week high of $674.19.

Deere & Company (NYSE:DE) last announced its quarterly earnings results on Thursday, February 19th. The industrial products company reported $2.42 earnings per share for the quarter, topping analysts’ consensus estimates of $1.90 by $0.52. The firm had revenue of $9.61 billion during the quarter, compared to analysts’ expectations of $7.50 billion. Deere & Company had a net margin of 10.29% and a return on equity of 18.93%. The firm’s revenue was up 17.5% on a year-over-year basis. During the same period in the prior year, the company earned $3.19 EPS. As a group, equities research analysts anticipate that Deere & Company will post 19.32 EPS for the current year.

Deere & Company Announces Dividend

The business also recently disclosed 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 annualized dividend and a yield of 1.1%. The ex-dividend date of this dividend is Tuesday, March 31st. Deere & Company’s dividend payout ratio (DPR) is currently 36.53%.

Analyst Ratings Changes

DE has been the topic of a number of research analyst reports. Weiss Ratings reiterated a “hold (c+)” rating on shares of Deere & Company in a report on Monday, December 29th. Argus upped their price objective on Deere & Company from $540.00 to $700.00 and gave the stock a “buy” rating in a report on Tuesday, March 3rd. Wall Street Zen upgraded Deere & Company from a “sell” rating to a “hold” rating in a report on Saturday, February 7th. Truist Financial boosted their price target on Deere & Company from $612.00 to $793.00 and gave the company a “buy” rating in a research report on Friday, February 20th. Finally, Barclays upped their price target on Deere & Company from $530.00 to $640.00 and gave the stock an “overweight” rating in a research note on Tuesday. Sixteen research analysts have rated the stock with a Buy rating, eight have given a Hold rating and one has assigned a Sell rating to the stock. According to data from MarketBeat, Deere & Company presently has an average rating of “Moderate Buy” and a consensus price target of $650.95.

More Deere & Company News

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

• Positive Sentiment: Wolfe Research raised its price target to $660 and maintained an “outperform” rating, signaling stronger earnings/volume expectations that support upside for DE. Wolfe Research PT Raise
• Positive Sentiment: Barclays lifted its target to $640 and kept an “overweight” rating — another institutional vote of confidence that likely helped buying interest. Barclays PT Raise
• Positive Sentiment: Deere announced a marketing/partnership initiative with Major League Baseball, which can boost brand visibility and aftermarket demand over time. John Deere MLB Partnership
• Positive Sentiment: John Deere opened a Central Texas testing facility for new farming technology — a sign of continued investment in precision/ag tech that supports medium‑term revenue and margin expansion. Central Texas Facility
• Neutral Sentiment: Coverage pieces highlight Deere’s leadership in precision farming and its Russell 1000 positioning — positive for narrative but not immediate price catalysts. Precision Farming Coverage
• Neutral Sentiment: A MarketWatch note said the stock rose but still underperformed the broader market — context for relative performance but not a directional catalyst. MarketWatch Note
• Neutral Sentiment: A small‑cap TSXV company (Decisive Dividend Corporation, ticker DE on TSXV) closed a private placement — unrelated ticker noise that can cause confusion in scanners but does not affect Deere & Company. Decisive Dividend Private Placement
• Negative Sentiment: Robert W. Baird cut its price target from $675 to $580 and moved to “neutral,” reducing an optimistic view and trimming expected upside for some investors. Baird PT Cut
• Negative Sentiment: Ongoing U.S. political discussion about tariffs on heavy machinery imported from Mexico poses a regulatory/supply‑chain risk that could increase costs or disrupt production plans if enacted. Tariff Risk Article

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.