Twin Tree Management LP Invests $2.06 Million in Deere & Company $DE

Twin Tree Management LP acquired a new position in Deere & Company (NYSE:DE – Free Report) during the 2nd quarter, according to the company in its most recent Form 13F filing with the Securities & Exchange Commission. The fund acquired 3,252 shares of the industrial products company’s stock, valued at approximately $2,063,000.

Other institutional investors and hedge funds have also bought and sold shares of the company. Haverford Trust Co acquired a new stake in Deere & Company in the second quarter valued at $2,622,000. Clear Harbor Asset Management LLC acquired a new position in Deere & Company during the 2nd quarter worth about $2,237,000. Davis Asset Management L.P. acquired a new position in Deere & Company during the 2nd quarter worth about $1,232,000. First Nebraska Trust Co bought a new stake in shares of Deere & Company in the 2nd quarter valued at about $387,000. Finally, Bank of Nova Scotia bought a new stake in shares of Deere & Company in the 2nd quarter valued at about $52,113,000. 68.58% of the stock is currently owned by institutional investors and hedge funds.

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Deere & Company News Roundup

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

• Positive Sentiment: Q3 earnings and revenue beat expectations. Deere reported earnings of $5.10 per share, up from $4.75 a year earlier, on revenue of $12.61 billion, which rose about 6% year over year and exceeded analyst estimates. Deere Reports Third Quarter Net Income
• Positive Sentiment: Management raised its fiscal 2026 outlook. Deere increased its net-income forecast to $4.75 billion-$5.00 billion and expects $5.0 billion-$5.5 billion in equipment-operations cash flow, improving confidence in profitability and cash generation. Deere Raises FY2026 Outlook
• Positive Sentiment: Construction and forestry provided the key growth engine. Demand for bulldozers, excavators and other earth-moving equipment is largely booked through the rest of the year, supported by data-center and energy-infrastructure construction tied to artificial-intelligence investment. Deere Lifts Sales Guidance
• Positive Sentiment: The agricultural cycle may be nearing a bottom. Executives characterized fiscal 2026 as the likely trough for the agricultural equipment cycle and pointed to improving early order trends and potentially stronger demand in 2027. Deere also recognized $110 million in tariff refunds during the quarter. DE Q3 Earnings Call Highlights
• Neutral Sentiment: Analyst reactions were mixed but generally reflected higher estimates. Robert W. Baird raised its target to $640 and JPMorgan increased its target to $585, while both retained neutral ratings. Other analysts lifted targets as high as $685, indicating expectations have improved but also that valuation and limited near-term upside remain concerns. Deere Analysts Increase Forecasts
• Negative Sentiment: Agriculture remains a constraint. Production and precision agriculture demand is still weak, and Bank of America cautioned that any recovery may be gradual rather than a sharp cyclical rebound. The stock’s elevated valuation could make it vulnerable if farm-market improvement is delayed.

Analyst Upgrades and Downgrades

Several equities research analysts have recently weighed in on DE shares. Weiss Ratings reissued a “hold (c+)” rating on shares of Deere & Company in a research note on Tuesday. DA Davidson set a $585.00 price objective on Deere & Company in a research note on Friday. Raymond James Financial reduced their target price on Deere & Company from $765.00 to $700.00 and set an “outperform” rating on the stock in a report on Friday, May 22nd. JPMorgan Chase & Co. increased their target price on shares of Deere & Company from $570.00 to $585.00 and gave the company a “neutral” rating in a research report on Friday. Finally, Oppenheimer raised their price target on shares of Deere & Company from $680.00 to $685.00 and gave the stock an “outperform” rating in a report on Thursday. Fourteen analysts have rated the stock with a Buy rating and nine have issued a Hold rating to the stock. According to data from MarketBeat, the company currently has an average rating of “Moderate Buy” and an average price target of $643.38.

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Deere & Company Stock Up 4.5%

Shares of NYSE:DE opened at $648.61 on Friday. Deere & Company has a 1 year low of $433.00 and a 1 year high of $674.19. The company has a debt-to-equity ratio of 1.45, a current ratio of 2.10 and a quick ratio of 1.95. The business’s 50-day moving average is $606.90 and its 200-day moving average is $590.75. The company has a market capitalization of $175.09 billion, a price-to-earnings ratio of 36.03, a P/E/G ratio of 2.74 and a beta of 0.90.

Deere & Company (NYSE:DE – Get Free Report) last released its earnings results on Thursday, August 20th. The industrial products company reported $5.10 EPS for the quarter, topping the consensus estimate of $4.69 by $0.41. The business had revenue of $12.61 billion during the quarter, compared to analysts’ expectations of $10.81 billion. Deere & Company had a return on equity of 18.10% and a net margin of 10.16%.The firm’s revenue was up 6.2% on a year-over-year basis. During the same quarter last year, the firm posted $4.75 earnings per share. Equities research analysts predict that Deere & Company will post 18.23 earnings per share for the current year.

Deere & Company Dividend Announcement

The firm also recently declared a quarterly dividend, which was paid on Monday, August 10th. Shareholders of record on Tuesday, June 30th were issued a dividend of $1.62 per share. This represents a $6.48 dividend on an annualized basis and a dividend yield of 1.0%. The ex-dividend date was Tuesday, June 30th. Deere & Company’s dividend payout ratio is presently 36.00%.

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.

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