Deere & Company $DE Shares Purchased by HB Wealth Management LLC

Posted by Brian Himes on Jul 5th, 2026

HB Wealth Management LLC raised its position in Deere & Company (NYSE:DE – Free Report) by 13.0% in the first quarter, according to its most recent Form 13F filing with the Securities & Exchange Commission. The fund owned 15,233 shares of the industrial products company’s stock after acquiring an additional 1,757 shares during the quarter. HB Wealth Management LLC’s holdings in Deere & Company were worth $8,581,000 as of its most recent SEC filing.

Several other institutional investors and hedge funds also recently added to or reduced their stakes in the company. Norges Bank purchased a new stake in shares of Deere & Company during the 4th quarter worth $1,715,633,000. Capital World Investors increased its holdings in Deere & Company by 53.9% in the fourth quarter. Capital World Investors now owns 9,592,004 shares of the industrial products company’s stock valued at $4,465,906,000 after buying an additional 3,358,264 shares during the last quarter. Northwestern Mutual Wealth Management Co. raised its stake in Deere & Company by 1,725.8% in the fourth quarter. Northwestern Mutual Wealth Management Co. now owns 2,003,715 shares of the industrial products company’s stock valued at $932,870,000 after buying an additional 1,893,972 shares in the last quarter. M&T Bank Corp raised 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 buying an additional 1,721,239 shares in the last quarter. Finally, Diamant Asset Management Inc. lifted its holdings in Deere & Company by 56,230.0% during the 1st quarter. Diamant Asset Management Inc. now owns 610,617 shares of the industrial products company’s stock worth $343,961,000 after buying an additional 609,533 shares during the last quarter. Institutional investors and hedge funds own 68.58% of the company’s stock.

Deere & Company Trading Down 0.0%

NYSE:DE opened at $621.09 on Friday. The stock’s 50 day moving average price is $578.41 and its 200 day moving average price is $562.69. The company has a market capitalization of $167.66 billion, a PE ratio of 35.19, a P/E/G ratio of 2.30 and a beta of 0.89. The company has a quick ratio of 1.95, a current ratio of 2.18 and a debt-to-equity ratio of 1.54. Deere & Company has a 52-week low of $433.00 and a 52-week high of $674.19.

Deere & Company (NYSE:DE – Get Free Report) last issued its quarterly earnings data on Thursday, May 21st. The industrial products company reported $6.55 earnings per share for the quarter, beating analysts’ consensus estimates of $5.70 by $0.85. The company had revenue of $13.37 billion during the quarter, compared to analysts’ expectations of $11.55 billion. Deere & Company had a return on equity of 18.25% and a net margin of 10.09%.The firm’s revenue for the quarter was up 5.4% on a year-over-year basis. During the same quarter in the previous year, the business earned $6.64 earnings per share. On average, research analysts anticipate that Deere & Company will post 18.13 EPS for the current year.

Deere & Company Announces Dividend

The firm also recently declared a quarterly dividend, which will be paid on Monday, August 10th. Investors of record on Tuesday, June 30th will be paid a dividend of $1.62 per share. The ex-dividend date is Tuesday, June 30th. This represents a $6.48 dividend on an annualized basis and a yield of 1.0%. Deere & Company’s dividend payout ratio is currently 36.71%.

Wall Street Analyst Weigh In

Several research firms have recently issued reports on DE. Oppenheimer reaffirmed an “outperform” rating and set a $680.00 price objective (down from $715.00) on shares of Deere & Company in a research report on Wednesday, May 27th. Barclays raised their target price on Deere & Company from $530.00 to $640.00 and gave the stock an “overweight” rating in a research report on Tuesday, March 31st. Wolfe Research boosted their target price on Deere & Company from $550.00 to $660.00 and gave the stock an “outperform” rating in a research note on Tuesday, March 31st. Royal Bank Of Canada reaffirmed an “outperform” rating and issued a $752.00 price target on shares of Deere & Company in a report on Monday, June 1st. Finally, Wall Street Zen upgraded shares of Deere & Company from a “sell” rating to a “hold” rating in a research note on Sunday. Fourteen investment analysts have rated the stock with a Buy rating and nine have assigned a Hold rating to the company. Based on data from MarketBeat.com, the company has an average rating of “Moderate Buy” and an average price target of $642.23.

Get Our Latest Stock Analysis on Deere & Company

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.