NewEdge Wealth LLC Acquires New Shares in Deere & Company $DE

Posted by George Bondi on Aug 22nd, 2026

NewEdge Wealth LLC bought a new stake in shares of Deere & Company (NYSE:DE – Free Report) during the 2nd quarter, HoldingsChannel reports. The firm bought 2,391 shares of the industrial products company’s stock, valued at approximately $1,517,000.

Other institutional investors and hedge funds have also modified their holdings of the company. Brighton Jones LLC lifted its holdings in shares of Deere & Company by 39.1% during the fourth quarter. Brighton Jones LLC now owns 4,548 shares of the industrial products company’s stock valued at $1,927,000 after purchasing an additional 1,278 shares in the last quarter. Schnieders Capital Management LLC. increased its holdings in Deere & Company by 7.8% in the 2nd quarter. Schnieders Capital Management LLC. now owns 2,076 shares of the industrial products company’s stock worth $1,056,000 after buying an additional 150 shares in the last quarter. Jump Financial LLC purchased a new position in Deere & Company in the 2nd quarter worth about $2,153,000. NewEdge Advisors LLC raised its position in Deere & Company by 6.0% in the 2nd quarter. NewEdge Advisors LLC now owns 18,758 shares of the industrial products company’s stock worth $9,538,000 after buying an additional 1,067 shares during the last quarter. Finally, Main Street Financial Solutions LLC lifted its stake in Deere & Company by 6.7% during the 2nd quarter. Main Street Financial Solutions LLC now owns 1,551 shares of the industrial products company’s stock valued at $789,000 after acquiring an additional 97 shares during the period. Institutional investors own 68.58% of the company’s stock.

Deere & Company Trading Up 4.5%

Deere & Company stock opened at $648.61 on Friday. Deere & Company has a 52-week low of $433.00 and a 52-week high of $674.19. The company has a market cap of $175.08 billion, a P/E ratio of 36.03, a P/E/G ratio of 2.63 and a beta of 0.90. The company has a quick ratio of 1.95, a current ratio of 2.10 and a debt-to-equity ratio of 1.45. The business has a 50-day simple moving average of $606.90 and a two-hundred day simple moving average of $590.75.

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

Deere & Company Announces Dividend

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

Wall Street Analyst Weigh In

A number of brokerages have recently issued reports on DE. Royal Bank Of Canada reaffirmed an “outperform” rating and set a $752.00 price target on shares of Deere & Company in a report on Monday, June 1st. JPMorgan Chase & Co. increased their price objective on shares of Deere & Company from $570.00 to $585.00 and gave the company a “neutral” rating in a research report on Friday. Bank of America dropped their target price on shares of Deere & Company from $672.00 to $607.50 and set a “neutral” rating on the stock in a report on Friday, May 22nd. UBS Group cut their target price on shares of Deere & Company from $732.00 to $728.00 and set a “buy” rating for the company in a research report on Friday. Finally, Robert W. Baird boosted their target price on shares of Deere & Company from $525.00 to $640.00 and gave the company a “neutral” rating in a research note on Friday. Fourteen research analysts have rated the stock with a Buy rating and nine have given a Hold rating to the company. According to data from MarketBeat.com, the stock currently has a consensus rating of “Moderate Buy” and an average price target of $643.38.

View Our Latest Analysis on DE

Key Stories Impacting Deere & Company

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.

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.