Deere & Company $DE Stock Position Increased by Provenance Wealth Advisors LLC

Posted by George Bondi on Nov 5th, 2026

Provenance Wealth Advisors LLC raised its holdings in shares of Deere & Company (NYSE:DE – Free Report) by 96.8% during the 3rd quarter, according to its most recent 13F filing with the Securities and Exchange Commission (SEC). The institutional investor owned 1,683 shares of the industrial products company’s stock after acquiring an additional 828 shares during the period. Provenance Wealth Advisors LLC’s holdings in Deere & Company were worth $1,130,000 as of its most recent SEC filing.

Several other hedge funds have also recently added to or reduced their stakes in the business. BlackRock Inc. acquired a new position in shares of Deere & Company during the second quarter valued at $11,763,504,000. Wellington Management Group LLP raised its stake in shares of Deere & Company by 84.3% during the second quarter. Wellington Management Group LLP now owns 3,088,628 shares of the industrial products company’s stock valued at $1,959,209,000 after purchasing an additional 1,412,694 shares in the last quarter. Bank of America Corp DE lifted its holdings in Deere & Company by 0.3% in the first quarter. Bank of America Corp DE now owns 2,782,402 shares of the industrial products company’s stock worth $1,567,327,000 after purchasing an additional 7,918 shares during the period. Bank of New York Mellon Corp acquired a new stake in Deere & Company in the second quarter worth about $1,259,279,000. Finally, Legal & General Group Plc acquired a new stake in Deere & Company in the second quarter worth about $957,456,000. Institutional investors own 68.58% of the company’s stock.

Wall Street Analysts Forecast Growth

A number of equities analysts recently issued reports on the stock. Seaport Research Partners set a $570.00 target price on shares of Deere & Company in a research report on Friday, August 14th. Robert W. Baird upgraded shares of Deere & Company from a “neutral” rating to an “outperform” rating and boosted their price target for the stock from $640.00 to $800.00 in a research report on Monday, August 31st. Evercore raised shares of Deere & Company from an “in-line” rating to an “outperform” rating and set a $813.00 price target for the company in a research note on Wednesday, September 2nd. Citigroup increased their price objective on shares of Deere & Company from $610.00 to $650.00 and gave the company a “neutral” rating in a report on Friday, August 21st. Finally, Raymond James Financial raised their price objective on shares of Deere & Company from $700.00 to $730.00 and gave the company an “outperform” rating in a research note on Monday, August 31st. Seventeen research analysts have rated the stock with a Buy rating and eight have assigned a Hold rating to the company’s stock. According to data from MarketBeat, Deere & Company presently has a consensus rating of “Moderate Buy” and an average target price of $688.10.

Get Our Latest Stock Analysis on Deere & Company

Key Headlines Impacting Deere & Company

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

Positive Sentiment: Deere has called back laid-off Iowa employees and plans to hire additional workers ahead of contract talks with the UAW. The staffing expansion could signal greater production needs, although labor negotiations remain a potential source of uncertainty. Article: John Deere Calls Laid-Off Iowa Workers Back to Jobs
Positive Sentiment: Deere appointed former EY U.S. CEO Julie Boland to its board and its compensation and finance committees, adding an experienced corporate leader. Article: Deere appoints Julie Boland to its board
Neutral Sentiment: Deere’s new AI assistant for farmers is a product-development initiative that could help customers use field data, though the report provides no financial outlook or expected commercial impact. Article: John Deere built an AI assistant
Negative Sentiment: Deere plans to close two Iowa plants and consolidate operations, including moving small-planter production from Seeding Works and shifting some functions to Ankeny. The restructuring could improve efficiency, but closures and workforce disruption create execution and labor-relations risks. Article: Deere to close two Iowa plants
Negative Sentiment: Former Deere employees have advanced a lawsuit seeking severance benefits, creating a potential legal and financial liability; the article does not specify the amount at stake. Article: Ex-Deere employees advance severance lawsuit

Deere & Company Price Performance

NYSE:DE opened at $676.09 on Thursday. The business’s 50-day moving average price is $665.41 and its 200 day moving average price is $606.57. The firm has a market cap of $182.29 billion, a P/E ratio of 37.56, a PEG ratio of 1.89 and a beta of 0.89. Deere & Company has a 52-week low of $455.90 and a 52-week high of $721.22. The company has a quick ratio of 1.89, a current ratio of 2.10 and a debt-to-equity ratio of 1.45.

Deere & Company (NYSE:DE – Get Free Report) last issued its quarterly 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. Deere & Company had a net margin of 10.16% and a return on equity of 18.10%. The firm had revenue of $12.61 billion for the quarter, compared to analysts’ expectations of $10.81 billion. During the same period in the previous year, the business earned $4.75 earnings per share. Deere & Company’s revenue for the quarter was up 6.2% compared to the same quarter last year. As a group, sell-side analysts predict that Deere & Company will post 18.11 earnings per share for the current fiscal year.

Deere & Company Dividend Announcement

The firm also recently announced a quarterly dividend, which will be paid on Monday, November 9th. Investors of record on Wednesday, September 30th will be issued a $1.62 dividend. This represents a $6.48 dividend on an annualized basis and a dividend yield of 1.0%. The ex-dividend date is Wednesday, September 30th. Deere & Company’s payout ratio is presently 36.00%.

Deere & Company Profile

(Free Report)

Deere & Company, founded by blacksmith John Deere in 1837, is a global manufacturer of agricultural, construction, forestry and turf-care equipment. The company is headquartered in Moline, Illinois, and operates under the John Deere brand.

Its products include tractors, combines, planters, sprayers, harvesting equipment, loaders, excavators, motor graders, forestry machines, mowers and compact utility equipment. Deere also provides replacement parts, equipment support, financing and technology-enabled solutions designed to improve machine productivity, automation and precision in farming and other industries.

Deere serves customers through dealerships and operations across North America, Latin America, Europe and other international markets.