Meiji Yasuda Asset Management Co Ltd. Increases Stock Holdings in Deere & Company $DE

Posted by Brian Himes on May 23rd, 2026

Meiji Yasuda Asset Management Co Ltd. lifted its position in Deere & Company (NYSE:DE – Free Report) by 375.6% in the fourth quarter, according to its most recent Form 13F filing with the Securities and Exchange Commission. The firm owned 5,955 shares of the industrial products company’s stock after purchasing an additional 4,703 shares during the quarter. Meiji Yasuda Asset Management Co Ltd.’s holdings in Deere & Company were worth $2,772,000 at the end of the most recent reporting period.

Other hedge funds have also recently modified their holdings of the company. Strategic Advocates LLC purchased a new stake in shares of Deere & Company in the third quarter valued at about $25,000. Key Capital Management INC purchased a new stake in shares of Deere & Company in the fourth quarter valued at about $27,000. Activest Wealth Management grew its holdings in shares of Deere & Company by 69.2% in the third quarter. Activest Wealth Management now owns 66 shares of the industrial products company’s stock valued at $30,000 after purchasing an additional 27 shares during the period. McIlrath & Eck LLC purchased a new stake in shares of Deere & Company in the fourth quarter valued at about $30,000. Finally, Wealth Watch Advisors INC purchased a new stake in shares of Deere & Company in the third quarter valued at about $32,000. Hedge funds and other institutional investors own 68.58% of the company’s stock.

Wall Street Analysts Forecast Growth

A number of equities research analysts recently issued reports on the stock. Robert W. Baird dropped their price objective on shares of Deere & Company from $580.00 to $525.00 and set a “neutral” rating for the company in a report on Friday. Citigroup dropped their price objective on shares of Deere & Company from $625.00 to $595.00 and set a “neutral” rating for the company in a report on Friday. Wolfe Research upped their price objective on shares of Deere & Company from $550.00 to $660.00 and gave the company an “outperform” rating in a report on Tuesday, March 31st. Bank of America lowered their target price on shares of Deere & Company from $672.00 to $607.50 and set a “neutral” rating for the company in a research note on Friday. Finally, Royal Bank Of Canada increased their target price on shares of Deere & Company from $541.00 to $736.00 and gave the stock an “outperform” rating in a research note on Friday, February 20th. Fifteen analysts have rated the stock with a Buy rating and nine have assigned a Hold rating to the company. According to data from MarketBeat, the company presently has a consensus rating of “Moderate Buy” and an average price target of $643.98.

Read Our Latest Stock Analysis on DE

Deere & Company Stock Down 0.3%

Shares of DE opened at $529.88 on Friday. The stock has a market capitalization of $143.13 billion, a PE ratio of 30.02, a P/E/G ratio of 1.85 and a beta of 0.96. 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 1.54, a quick ratio of 1.96 and a current ratio of 2.18. The company’s 50-day simple moving average is $576.52 and its 200-day simple moving average is $539.80.

Deere & Company (NYSE:DE – Get Free Report) last issued its quarterly earnings results on Thursday, May 21st. The industrial products company reported $6.55 earnings per share (EPS) for the quarter, topping the consensus estimate of $5.70 by $0.85. The business had revenue of $11.78 billion for the quarter, compared to analysts’ expectations of $11.55 billion. Deere & Company had a net margin of 10.09% and a return on equity of 18.25%. The business’s quarterly revenue was up 5.4% on a year-over-year basis. During the same quarter in the prior year, the company earned $6.64 earnings per share. Analysts forecast that Deere & Company will post 18.01 earnings per share for the current fiscal year.

Deere & Company Dividend Announcement

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 dividend of $1.62 per share. This represents a $6.48 annualized dividend and a dividend yield of 1.2%. The ex-dividend date of this dividend was Tuesday, March 31st. Deere & Company’s dividend payout ratio is currently 36.53%.

More Deere & Company News

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

Positive Sentiment: Deere beat Q2 estimates on both earnings and revenue, with EPS of $6.55 and sales of $13.37 billion, helped by strength in Construction & Forestry and Small Ag & Turf. Deere Beats Q2 Estimates, But Ag Weakness Weighs on Outlook
Positive Sentiment: Management raised its Construction & Forestry outlook, citing strong demand tied to data center and AI infrastructure spending, which supports a non-farm growth engine for Deere. Deere forecasts FY2026 net income of $4.5B-$5B while lifting construction & forestry sales outlook to up ~20%
Neutral Sentiment: Several analysts adjusted price targets after earnings, but most kept neutral or buy ratings, suggesting Wall Street sees limited near-term upside until the ag cycle improves. JPMorgan adjusts price target on Deere Co. to $560 from $550, maintains neutral rating
Neutral Sentiment: Deere maintained its full-year net income forecast of $4.5 billion to $5.0 billion, which reassured investors on guidance but did not signal a stronger rebound in the core farm market. Deere beats second-quarter profit estimate but maintains full-year forecast
Negative Sentiment: Weak Production & Precision Agriculture sales, down sharply year over year, remain the main concern and are weighing on investor sentiment about Deere’s earnings quality and valuation. Deere Beats Q2 Estimates, But Ag Weakness Weighs on Outlook
Negative Sentiment: A new class-action lawsuit over right-to-repair practices adds another legal overhang, potentially raising questions about Deere’s aftermarket model and customer relations. Deere Lawsuit Puts Right To Repair Model And Aftermarket Profits Under Review

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.