Meridian Wealth Management LLC Sells 2,842 Shares of Deere & Company $DE

Posted by Francis Steltz on May 12th, 2026

Meridian Wealth Management LLC lowered its position in Deere & Company (NYSE:DE – Free Report) by 17.6% in the fourth quarter, according to the company in its most recent disclosure with the Securities and Exchange Commission (SEC). The fund owned 13,348 shares of the industrial products company’s stock after selling 2,842 shares during the quarter. Meridian Wealth Management LLC’s holdings in Deere & Company were worth $6,214,000 at the end of the most recent reporting period.

A number of other large investors have also recently added to or reduced their stakes in the company. Vanguard Group Inc. lifted its stake in Deere & Company by 0.9% in the fourth quarter. Vanguard Group Inc. now owns 22,583,185 shares of the industrial products company’s stock valued at $10,514,053,000 after acquiring an additional 198,332 shares during the last quarter. Capital World Investors lifted its stake in Deere & Company by 5.5% in the third quarter. Capital World Investors now owns 6,233,740 shares of the industrial products company’s stock valued at $2,850,687,000 after acquiring an additional 322,582 shares during the last quarter. Fisher Asset Management LLC lifted its stake in Deere & Company by 5.5% in the third quarter. Fisher Asset Management LLC now owns 2,722,018 shares of the industrial products company’s stock valued at $1,244,670,000 after acquiring an additional 141,790 shares during the last quarter. M&T Bank Corp lifted its stake in Deere & Company by 1,199.8% in the fourth quarter. M&T Bank Corp now owns 1,864,701 shares of the industrial products company’s stock valued at $868,149,000 after acquiring an additional 1,721,239 shares during the last quarter. Finally, Invesco Ltd. lifted its stake in Deere & Company by 21.7% in the third quarter. Invesco Ltd. now owns 1,815,007 shares of the industrial products company’s stock valued at $829,930,000 after acquiring an additional 323,512 shares during the last quarter. Institutional investors and hedge funds own 68.58% of the company’s stock.

Deere & Company Stock Up 2.4%

DE stock opened at $588.62 on Tuesday. The company has a debt-to-equity ratio of 1.59, a current ratio of 2.21 and a quick ratio of 1.96. The stock has a market capitalization of $158.99 billion, a price-to-earnings ratio of 33.18, a PEG ratio of 2.01 and a beta of 0.96. The business’s fifty day moving average price is $584.67 and its two-hundred day moving average price is $534.45. Deere & Company has a fifty-two week low of $433.00 and a fifty-two week high of $674.19.

Deere & Company (NYSE:DE – Get Free Report) last released its quarterly earnings results on Thursday, February 19th. The industrial products company reported $2.42 earnings per share for the quarter, beating analysts’ consensus estimates of $1.90 by $0.52. Deere & Company had a net margin of 10.29% and a return on equity of 18.93%. The company had revenue of $9.61 billion during the quarter, compared to the consensus estimate of $7.50 billion. During the same period in the previous year, the business earned $3.19 earnings per share. The firm’s quarterly revenue was up 17.5% on a year-over-year basis. On average, equities analysts anticipate that Deere & Company will post 18.01 earnings per share for the current year.

Deere & Company Announces Dividend

The firm also recently declared a quarterly dividend, which was paid on Friday, May 8th. Stockholders of record on Tuesday, March 31st were given a $1.62 dividend. This represents a $6.48 dividend on an annualized basis and a dividend yield of 1.1%. The ex-dividend date was Tuesday, March 31st. Deere & Company’s payout ratio is presently 36.53%.

Analyst Ratings Changes

Several research analysts have recently commented on the company. UBS Group lifted their target price on Deere & Company from $535.00 to $775.00 and gave the stock a “buy” rating in a research note on Friday, February 20th. Wells Fargo & Company lifted their target price on Deere & Company from $543.00 to $750.00 and gave the stock an “overweight” rating in a research note on Friday, February 20th. Argus lifted their target price on Deere & Company from $540.00 to $700.00 and gave the stock a “buy” rating in a research note on Tuesday, March 3rd. Robert W. Baird reduced their target price on Deere & Company from $675.00 to $580.00 and set a “neutral” rating for the company in a research note on Thursday, April 2nd. Finally, Bank of America lifted their target price on Deere & Company from $502.00 to $672.00 and gave the stock a “neutral” rating in a research note on Friday, February 20th. Sixteen investment analysts have rated the stock with a Buy rating and nine have assigned a Hold rating to the stock. According to data from MarketBeat.com, the stock has a consensus rating of “Moderate Buy” and an average target price of $655.45.

Get Our Latest Analysis on Deere & Company

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.