Griffin Asset Management Inc. Makes New $547,000 Investment in Deere & Company $DE

Posted by Brian Himes on May 22nd, 2026

Griffin Asset Management Inc. bought a new position in Deere & Company (NYSE:DE – Free Report) in the fourth quarter, according to the company in its most recent disclosure with the SEC. The institutional investor bought 1,175 shares of the industrial products company’s stock, valued at approximately $547,000.

Several other institutional investors and hedge funds also recently made changes to their positions in the stock. Leonteq Securities AG acquired a new stake in shares of Deere & Company in the fourth quarter valued at about $1,362,000. Rathbones Group PLC grew its stake in Deere & Company by 1.9% during the fourth quarter. Rathbones Group PLC now owns 316,393 shares of the industrial products company’s stock worth $147,303,000 after purchasing an additional 5,754 shares during the period. IFP Advisors Inc grew its stake in Deere & Company by 176.9% during the fourth quarter. IFP Advisors Inc now owns 9,369 shares of the industrial products company’s stock worth $4,362,000 after purchasing an additional 5,986 shares during the period. Midwest Professional Planners LTD. grew its stake in Deere & Company by 3.5% during the fourth quarter. Midwest Professional Planners LTD. now owns 1,663 shares of the industrial products company’s stock worth $774,000 after purchasing an additional 57 shares during the period. Finally, Covestor Ltd grew its stake in Deere & Company by 7.2% during the fourth quarter. Covestor Ltd now owns 1,329 shares of the industrial products company’s stock worth $619,000 after purchasing an additional 89 shares during the period. Institutional investors and hedge funds own 68.58% of the company’s stock.

Deere & Company Stock Performance

Shares of Deere & Company stock opened at $530.84 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 business’s fifty day simple moving average is $577.80 and its 200 day simple moving average is $539.87. Deere & Company has a 12 month low of $433.00 and a 12 month high of $674.19. The firm has a market capitalization of $143.39 billion, a P/E ratio of 29.92, a price-to-earnings-growth ratio of 1.96 and a beta of 0.96.

Deere & Company (NYSE:DE – Get Free Report) last released its earnings results on Thursday, May 21st. The industrial products company reported $6.55 earnings per share (EPS) for the quarter, topping analysts’ consensus estimates of $5.70 by $0.85. Deere & Company had a return on equity of 18.93% and a net margin of 10.29%.The business had revenue of $11.78 billion during the quarter, compared to the consensus estimate of $11.55 billion. During the same period last year, the business posted $6.64 earnings per share. The business’s revenue for the quarter was up 5.4% on a year-over-year basis. As a group, analysts anticipate that Deere & Company will post 18.01 EPS for the current year.

Deere & Company Dividend Announcement

The company also recently announced a quarterly dividend, which was paid on Friday, May 8th. Shareholders of record on Tuesday, March 31st were given a $1.62 dividend. This represents a $6.48 dividend on an annualized basis and a yield of 1.2%. The ex-dividend date of this dividend was Tuesday, March 31st. Deere & Company’s dividend payout ratio (DPR) is currently 36.53%.

Trending Headlines about Deere & Company

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

Positive Sentiment: Deere posted stronger-than-expected Q2 results, with EPS of $6.55 topping estimates and revenue rising 5.4% year over year to $13.37 billion, helped by solid demand in Small Ag & Turf and Construction & Forestry. Deere Shares Fall 4.4% Despite Earnings Beat and Stable Outlook
Positive Sentiment: The company said it maintained its full-year profit outlook, signaling management confidence despite a tougher farm-cycle backdrop. Deere beats second-quarter profit estimate but maintains full-year forecast
Neutral Sentiment: Deere’s construction and smaller-equipment businesses continued to offset weakness in core agricultural equipment, keeping overall sales growth positive. Deere Sales Rise as Construction Growth Offsets Agriculture Weakness
Negative Sentiment: Investors are focusing on weak large-agriculture trends: Production & Precision Ag sales fell sharply and operating profit declined, suggesting the most cyclical part of Deere’s business is still under pressure. Deere shares tumble after weak large-ag outlook overshadows earnings beat
Negative Sentiment: Management’s unchanged full-year framework and cautious commentary on farm budgets imply a slow recovery for big-ticket equipment demand, which is weighing on the stock. Deere Shares Tumble With Farmers Facing ‘Ongoing Challenges’

Analyst Ratings Changes

DE has been the subject of several recent analyst reports. Oppenheimer reaffirmed an “outperform” rating and set a $715.00 target price on shares of Deere & Company in a research note on Friday, February 20th. Wells Fargo & Company increased their price target on Deere & Company from $543.00 to $750.00 and gave the stock an “overweight” rating in a report on Friday, February 20th. Robert W. Baird cut their price target on Deere & Company from $675.00 to $580.00 and set a “neutral” rating on the stock in a report on Thursday, April 2nd. Royal Bank Of Canada increased their price target on Deere & Company from $541.00 to $736.00 and gave the stock an “outperform” rating in a report on Friday, February 20th. Finally, Bank of America increased their price target on Deere & Company from $502.00 to $672.00 and gave the stock a “neutral” rating in a report on Friday, February 20th. Fifteen research analysts have rated the stock with a Buy rating and nine have assigned a Hold rating to the company. According to MarketBeat.com, the company has an average rating of “Moderate Buy” and a consensus price target of $655.45.

Read Our Latest Stock Analysis on Deere & Company

Deere & Company Profile

(Free Report)

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.