Deere & Company $DE Shares Acquired by Cumberland Partners Ltd

Cumberland Partners Ltd grew its stake in shares of Deere & Company (NYSE:DE) by 68.0% in the 3rd quarter, according to the company in its most recent Form 13F filing with the Securities & Exchange Commission. The fund owned 16,981 shares of the industrial products company’s stock after purchasing an additional 6,876 shares during the period. Cumberland Partners Ltd’s holdings in Deere & Company were worth $7,765,000 as of its most recent SEC filing.

Other hedge funds and other institutional investors have also modified their holdings of the company. Vanguard Group Inc. raised its holdings in shares of Deere & Company by 1.4% during the second quarter. Vanguard Group Inc. now owns 22,372,671 shares of the industrial products company’s stock valued at $11,376,279,000 after acquiring an additional 309,081 shares during the period. State Street Corp raised its stake in Deere & Company by 0.6% during the 2nd quarter. State Street Corp now owns 10,386,268 shares of the industrial products company’s stock valued at $5,297,913,000 after purchasing an additional 64,262 shares during the period. Geode Capital Management LLC raised its stake in Deere & Company by 2.1% during the 2nd quarter. Geode Capital Management LLC now owns 5,541,778 shares of the industrial products company’s stock valued at $2,810,807,000 after purchasing an additional 111,627 shares during the period. Norges Bank purchased a new stake in shares of Deere & Company in the second quarter valued at $1,578,243,000. Finally, Fisher Asset Management LLC boosted its position in shares of Deere & Company by 10.1% in the second quarter. Fisher Asset Management LLC now owns 2,580,228 shares of the industrial products company’s stock worth $1,312,020,000 after buying an additional 236,406 shares during the period. Institutional investors and hedge funds own 68.58% of the company’s stock.

Insider Activity at Deere & Company

In other news, insider Cory J. Reed sold 12,000 shares of Deere & Company 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 transaction, the insider owned 20,792 shares of the company’s stock, valued at $10,603,920. This trade represents a 36.59% decrease in their ownership of the stock. The transaction 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 business’s stock in a transaction on 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 completion of the sale, the chief executive officer owned 117,970 shares of the company’s stock, valued at $59,160,775.30. The trade was a 26.01% decrease in their ownership of the stock. The SEC filing for this sale provides additional information. Over the last 90 days, insiders sold 64,578 shares of company stock valued at $32,471,682. Corporate insiders own 0.29% of the company’s stock.

Deere & Company Stock Down 1.4%

Deere & Company stock opened at $592.25 on Thursday. The company has a current ratio of 2.22, a quick ratio of 2.01 and a debt-to-equity ratio of 1.68. Deere & Company has a 1-year low of $404.42 and a 1-year high of $626.25. The firm’s fifty day simple moving average is $515.50 and its 200-day simple moving average is $489.09. The company has a market capitalization of $160.54 billion, a P/E ratio of 32.00, a P/E/G ratio of 2.40 and a beta of 1.02.

Deere & Company (NYSE:DE) last posted its earnings results on Thursday, February 19th. The industrial products company reported $2.42 EPS for the quarter, topping the consensus estimate of $1.90 by $0.52. Deere & Company had a net margin of 11.00% and a return on equity of 20.54%. The firm had revenue of $9.61 billion for the quarter, compared to the consensus estimate of $7.50 billion. Sell-side analysts forecast that Deere & Company will post 19.32 earnings per share for the current fiscal year.

Deere & Company Dividend Announcement

The business also recently disclosed a quarterly dividend, which was paid on Monday, February 9th. Investors of record on Wednesday, December 31st were paid a $1.62 dividend. This represents a $6.48 dividend on an annualized basis and a dividend yield of 1.1%. The ex-dividend date of this dividend was Wednesday, December 31st. Deere & Company’s dividend payout ratio (DPR) is presently 35.01%.

Analysts Set New Price Targets

DE has been the subject of several research analyst reports. Oppenheimer increased their price objective on Deere & Company from $512.00 to $531.00 and gave the stock an “outperform” rating in a research note on Friday, November 28th. Jefferies Financial Group increased their price target on shares of Deere & Company from $440.00 to $475.00 and gave the stock a “hold” rating in a research report on Tuesday, December 9th. Sanford C. Bernstein reaffirmed a “market perform” rating on shares of Deere & Company in a research report on Tuesday, December 9th. Royal Bank Of Canada dropped their price objective on shares of Deere & Company from $542.00 to $541.00 and set an “outperform” rating on the stock in a research note on Friday, November 28th. Finally, Morgan Stanley reissued an “overweight” rating and set a $560.00 target price on shares of Deere & Company in a research note on Tuesday, December 9th. Fifteen research analysts have rated the stock with a Buy rating and nine have given a Hold rating to the stock. According to data from MarketBeat.com, the company presently has a consensus rating of “Moderate Buy” and a consensus price target of $524.20.

More Deere & Company News

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

• Positive Sentiment: Q1 earnings beat and stronger-than-expected revenue: DE reported $2.42 EPS vs. $1.90 consensus and revenue of $9.61B vs. $7.50B expected — a clear upside surprise that supports higher estimates. Company Press Release
• Positive Sentiment: Deere raised its full-year profit guidance (net income range to $4.5B–$5.0B), citing a recovery in construction and improving sales — this outlook upgrade helped lift investor sentiment. Deere lifts full-year profit forecast
• Positive Sentiment: First-quarter shipment timing and strengthening order books: Management highlighted shipments ahead of plan and diversification across customer segments/geographies as a resilience factor. PR Newswire Q1 release
• Positive Sentiment: Portfolio expansion via IP acquisition could widen product offering and support long-term growth in ag-tech and automation. Deere Gains IP to Expand its Portfolio
• Neutral Sentiment: Analyst activity and ratings are generally supportive (consensus “Moderate Buy” and some target/estimate increases), which helps sentiment but may already be priced in after a strong YTD run. Analyst consensus coverage
• Neutral Sentiment: Strategic pivot into AI and precision agriculture is highlighted in coverage as a positive long-term narrative, though near-term returns remain uncertain. AI pivot analysis
• Negative Sentiment: Tariff-related cost pressure and weaker tractor demand pressured margins and contributed to a year-over-year profit decline (Q1 net income $656M vs. $869M prior year), which is a meaningful near-term risk to profitability. Deere Profit Sinks as Tariffs Weigh on Margins
• Negative Sentiment: Analysts and previews flagged that weak farm spending and tariff headwinds could keep earnings volatile even if equipment demand recovers gradually. Earnings preview: tariff headwinds

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.