Roberts Glore & Co. Inc. IL Acquires Shares of 1,463 Deere & Company $DE

Roberts Glore & Co. Inc. IL bought a new position in Deere & Company (NYSE:DEFree Report) in the second quarter, according to its most recent disclosure with the Securities and Exchange Commission (SEC). The fund bought 1,463 shares of the industrial products company’s stock, valued at approximately $928,000.

A number of other large investors also recently modified their holdings of DE. Mowery & Schoenfeld Wealth Management LLC bought a new position in Deere & Company in the 2nd quarter valued at $27,000. Kilter Group LLC bought a new stake in shares of Deere & Company during the second quarter worth $29,000. Timmons Wealth Management LLC bought a new stake in shares of Deere & Company during the fourth quarter worth $29,000. McIlrath & Eck LLC bought a new stake in shares of Deere & Company during the fourth quarter worth $30,000. Finally, Solstein Capital LLC acquired a new position in shares of Deere & Company during the second quarter valued at $30,000. 68.58% of the stock is currently owned by institutional investors and hedge funds.

Analyst Ratings Changes

DE has been the subject of a number of research reports. Royal Bank Of Canada reiterated an “outperform” rating and issued a $752.00 price objective on shares of Deere & Company in a research report on Monday. Bank of America cut their target price on shares of Deere & Company from $672.00 to $607.50 and set a “neutral” rating on the stock in a research report on Friday, May 22nd. Seaport Research Partners set a $570.00 target price on shares of Deere & Company in a research note on Friday, August 14th. Weiss Ratings reiterated a “hold (c+)” rating on shares of Deere & Company in a research report on Tuesday, August 18th. Finally, Oppenheimer boosted their price target on shares of Deere & Company from $680.00 to $685.00 and gave the stock an “outperform” rating in a research note on Thursday, August 20th. Fourteen analysts have rated the stock with a Buy rating and nine have assigned a Hold rating to the company. According to MarketBeat.com, the company currently has an average rating of “Moderate Buy” and an average price target of $653.48.

View Our Latest Report on Deere & Company

More Deere & Company News

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

  • Positive Sentiment: Strong fiscal third-quarter results: Deere exceeded earnings expectations, with quarterly net income rising 7%. Construction & Forestry sales increased 18% year over year, benefiting from infrastructure investment and AI data-center construction. Deere & Company Strong Quarter Raises the Stakes for an Agricultural Recovery
  • Positive Sentiment: Analysts raised their targets: DA Davidson lifted its price target to $760 and maintained a buy rating, while RBC reaffirmed its outperform rating with a $752 target. Analysts cited better-than-expected results, improving equipment orders and potential recovery in farm machinery demand. Deere analyst price-target updates
  • Positive Sentiment: Construction and Forestry may provide longer-term growth: Higher volumes, pricing, technology adoption and demand tied to infrastructure spending are strengthening a segment that could help offset weakness in agricultural equipment. Can Construction and Forestry Fuel Deere’s Long-Term Growth?
  • Neutral Sentiment: Competitive positioning is mixed: A comparison with Caterpillar concluded that CAT’s record sales, backlog and earnings growth currently give it an advantage over Deere, highlighting divergent outlooks within the heavy-equipment sector. Caterpillar vs. Deere
  • Negative Sentiment: Tariff costs are expected to increase: Deere warned of a “step-up” in tariff expenses in 2027, raising concerns about margin pressure and potentially higher prices for customers. Deere expects step-up in tariff costs in 2027
  • Negative Sentiment: Labor negotiations pose a future risk: United Auto Workers members rejected Deere’s proposed two-year contract extension, setting up potentially contentious bargaining in 2027. Wage demands and the possibility of operational disruptions could increase costs and uncertainty. UAW Workers Reject Deere’s Contract Extension Offer

Deere & Company Trading Down 2.7%

NYSE DE opened at $631.41 on Wednesday. The stock has a 50-day simple moving average of $609.25 and a 200 day simple moving average of $592.33. The company has a market capitalization of $170.44 billion, a PE ratio of 35.08, a P/E/G ratio of 2.30 and a beta of 0.90. The company has a current ratio of 2.10, a quick ratio of 1.89 and a debt-to-equity ratio of 1.45. Deere & Company has a 12 month low of $433.00 and a 12 month high of $674.19.

Deere & Company (NYSE:DEGet Free Report) last issued its earnings results on Thursday, August 20th. The industrial products company reported $5.10 earnings per share (EPS) for the quarter, topping analysts’ consensus estimates 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 return on equity of 18.10% and a net margin of 10.16%.The company’s revenue was up 6.2% compared to the same quarter last year. During the same quarter last year, the business earned $4.75 earnings per share. Research analysts forecast that Deere & Company will post 18.11 EPS for the current year.

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.

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Institutional Ownership by Quarter for Deere & Company (NYSE:DE)

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