CIBC Asset Management Inc Buys 24,451 Shares of Deere & Company $DE

Posted by Francis Steltz on Jun 4th, 2026

CIBC Asset Management Inc raised its stake in Deere & Company (NYSE:DE – Free Report) by 67.2% during the 4th quarter, according to the company in its most recent 13F filing with the Securities & Exchange Commission. The firm owned 60,856 shares of the industrial products company’s stock after acquiring an additional 24,451 shares during the quarter. CIBC Asset Management Inc’s holdings in Deere & Company were worth $28,333,000 at the end of the most recent reporting period.

Other large investors have also recently bought and sold shares of the company. Strategic Advocates LLC bought a new position in Deere & Company in the 3rd quarter valued at about $25,000. Key Capital Management INC bought a new position in Deere & Company in the 4th quarter valued at about $27,000. McIlrath & Eck LLC bought a new position in Deere & Company in the 4th quarter valued at about $30,000. Wealth Watch Advisors INC bought a new position in Deere & Company in the 3rd quarter valued at about $32,000. Finally, Tucker Asset Management LLC bought a new position in Deere & Company in the 4th quarter valued at about $34,000. 68.58% of the stock is owned by institutional investors.

Deere & Company Stock Performance

Shares of Deere & Company stock opened at $589.05 on Thursday. Deere & Company has a fifty-two week low of $433.00 and a fifty-two week high of $674.19. The company has a debt-to-equity ratio of 1.54, a current ratio of 2.18 and a quick ratio of 1.95. The firm has a market capitalization of $159.01 billion, a P/E ratio of 33.37, a P/E/G ratio of 2.15 and a beta of 0.92. The company’s 50 day moving average price is $572.57 and its two-hundred day moving average price is $544.51.

Deere & Company (NYSE:DE – Get Free Report) last issued its earnings results on Thursday, May 21st. The industrial products company reported $6.55 earnings per share for the quarter, beating analysts’ consensus estimates of $5.70 by $0.85. Deere & Company had a net margin of 10.09% and a return on equity of 18.25%. The firm had revenue of $13.37 billion for the quarter, compared to analyst estimates of $11.55 billion. During the same quarter last year, the business posted $6.64 earnings per share. The company’s quarterly revenue was up 5.4% on a year-over-year basis. On average, equities analysts forecast that Deere & Company will post 18.08 earnings per share for the current fiscal year.

Deere & Company Dividend Announcement

The business also recently announced a quarterly dividend, which will be paid on Monday, August 10th. Shareholders of record on Tuesday, June 30th will be given a $1.62 dividend. The ex-dividend date is Tuesday, June 30th. This represents a $6.48 dividend on an annualized basis and a yield of 1.1%. Deere & Company’s dividend payout ratio (DPR) is currently 36.71%.

Analysts Set New Price Targets

DE has been the topic of several research analyst reports. Oppenheimer reissued an “outperform” rating and issued a $680.00 price target (down from $715.00) on shares of Deere & Company in a report on Wednesday, May 27th. Weiss Ratings raised shares of Deere & Company from a “hold (c)” rating to a “hold (c+)” rating in a report on Thursday, May 21st. Robert W. Baird lowered their price target on shares of Deere & Company from $580.00 to $525.00 and set a “neutral” rating on the stock in a report on Friday, May 22nd. Argus increased their price target on shares of Deere & Company from $540.00 to $700.00 and gave the company a “buy” rating in a report on Tuesday, March 3rd. Finally, BMO Capital Markets raised their target price on shares of Deere & Company from $460.00 to $500.00 and gave the stock a “market perform” rating in a report on Friday, February 20th. Fifteen equities research analysts have rated the stock with a Buy rating and nine have issued a Hold rating to the stock. According to data from MarketBeat.com, the company has an average rating of “Moderate Buy” and an average target price of $638.08.

Read Our Latest Stock Analysis on Deere & Company

Trending Headlines about Deere & Company

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

Positive Sentiment: The White House said it will reduce tariffs on imported farm and construction machinery, including combines, harvesters and forklifts, which should lower input costs and improve margins for Deere and other heavy-equipment makers. US Lowers Tariffs to Boost Investment in Industrial Economy
Positive Sentiment: Investors also reacted to Deere’s strong fiscal Q2 results, with earnings and revenue beating expectations and management keeping its full-year FY2026 profit outlook unchanged, which supports confidence in the business despite agricultural-cycle uncertainty. Deere jumps as investors refocus on Q2 beat, steady FY26 outlook, and construction strength
Positive Sentiment: Analysts and market commentary note Deere is breaking above a key technical level as the stock extends its recent rally, reinforcing momentum buying. Bellwether Stock Surges Above Key Level. Trump Is Why.
Neutral Sentiment: One article questions whether Deere’s strong year-to-date rally has already priced in much of the good news, suggesting valuation could limit further upside if fundamentals do not keep pace. Is It Time To Reassess Deere (DE) After Its Strong Year To Date Rally?

About Deere & Company

(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.