Silverlake Wealth Management LLC Takes $993,000 Position in Deere & Company $DE

Posted by Geri Gentry on Aug 16th, 2026

Silverlake Wealth Management LLC bought a new stake in shares of Deere & Company (NYSE:DE – Free Report) during the 2nd quarter, according to the company in its most recent 13F filing with the SEC. The fund bought 1,565 shares of the industrial products company’s stock, valued at approximately $993,000.

A number of other institutional investors have also recently added to or reduced their stakes in DE. Key Capital Management INC acquired a new position in shares of Deere & Company during the fourth quarter worth about $27,000. Timmons Wealth Management LLC acquired a new stake in shares of Deere & Company in the fourth quarter valued at about $29,000. McIlrath & Eck LLC acquired a new stake in shares of Deere & Company in the fourth quarter valued at about $30,000. Wealth Watch Advisors INC acquired a new stake in shares of Deere & Company in the third quarter valued at about $32,000. Finally, Portus Wealth Advisors LLC purchased a new stake in shares of Deere & Company during the 1st quarter valued at about $32,000. 68.58% of the stock is owned by hedge funds and other institutional investors.

Deere & Company Trading Down 0.6%

NYSE:DE opened at $608.73 on Friday. The company has a debt-to-equity ratio of 1.54, a quick ratio of 1.95 and a current ratio of 2.18. Deere & Company has a one year low of $433.00 and a one year high of $674.19. The business’s 50-day simple moving average is $603.23 and its 200 day simple moving average is $587.77. The stock has a market cap of $164.32 billion, a price-to-earnings ratio of 34.49, a price-to-earnings-growth ratio of 2.57 and a beta of 0.90.

Deere & Company (NYSE:DE – Get Free Report) last issued its quarterly earnings results on Thursday, May 21st. The industrial products company reported $6.55 EPS for the quarter, beating analysts’ consensus estimates of $5.70 by $0.85. Deere & Company had a return on equity of 18.25% and a net margin of 10.09%.The firm had revenue of $13.37 billion during the quarter, compared to the consensus estimate of $11.55 billion. During the same quarter in the prior year, the business posted $6.64 earnings per share. Deere & Company’s revenue for the quarter was up 5.4% on a year-over-year basis. As a group, sell-side analysts predict that Deere & Company will post 18.26 earnings per share for the current fiscal year.

Deere & Company Dividend Announcement

The firm also recently announced a quarterly dividend, which was paid on Monday, August 10th. Stockholders of record on Tuesday, June 30th were paid a dividend of $1.62 per share. This represents a $6.48 annualized dividend and a dividend yield of 1.1%. The ex-dividend date was Tuesday, June 30th. Deere & Company’s dividend payout ratio is 36.71%.

Wall Street Analysts Forecast Growth

Several equities analysts recently commented on DE shares. Citigroup boosted their price target on Deere & Company from $575.00 to $610.00 and gave the stock a “neutral” rating in a research report on Tuesday, July 14th. Robert W. Baird lowered their price objective on shares of Deere & Company from $580.00 to $525.00 and set a “neutral” rating for the company in a research report on Friday, May 22nd. Weiss Ratings upgraded shares of Deere & Company from a “hold (c)” rating to a “hold (c+)” rating in a research note on Thursday, May 21st. Bank of America reduced their target price on shares of Deere & Company from $672.00 to $607.50 and set a “neutral” rating on the stock in a research report on Friday, May 22nd. Finally, DA Davidson restated a “buy” rating and issued a $685.00 target price on shares of Deere & Company in a research note on Friday, July 17th. Fourteen investment analysts have rated the stock with a Buy rating and nine have assigned a Hold rating to the company’s stock. According to MarketBeat, the company has an average rating of “Moderate Buy” and a consensus price target of $641.98.

Get Our Latest Stock Report on DE

Deere & Company 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.