State of Alaska Department of Revenue Sells 829 Shares of Deere & Company $DE

Posted by Francis Steltz on Oct 15th, 2026

State of Alaska Department of Revenue lowered its stake in shares of Deere & Company (NYSE:DE – Free Report) by 3.4% during the third quarter, according to the company in its most recent disclosure with the Securities and Exchange Commission. The institutional investor owned 23,784 shares of the industrial products company’s stock after selling 829 shares during the quarter. State of Alaska Department of Revenue’s holdings in Deere & Company were worth $15,972,000 as of its most recent filing with the Securities and Exchange Commission.

Several other institutional investors have also modified their holdings of DE. Mowery & Schoenfeld Wealth Management LLC purchased a new position in shares of Deere & Company in the 2nd quarter valued at $27,000. Kilter Group LLC purchased a new stake in Deere & Company in the second quarter valued at $29,000. Solstein Capital LLC purchased a new stake in Deere & Company in the second quarter valued at $30,000. Orion Capital Management LLC purchased a new stake in Deere & Company in the second quarter valued at $32,000. Finally, Downshift Financial LLC boosted its stake in Deere & Company by 218.8% in the third quarter. Downshift Financial LLC now owns 51 shares of the industrial products company’s stock valued at $34,000 after acquiring an additional 35 shares in the last quarter. Hedge funds and other institutional investors own 68.58% of the company’s stock.

Deere & Company Stock Performance

Deere & Company stock traded up $3.04 during midday trading on Thursday, hitting $653.42. 564,755 shares of the company’s stock were exchanged, compared to its average volume of 1,363,031. Deere & Company has a 12-month low of $445.55 and a 12-month high of $721.22. The company has a debt-to-equity ratio of 1.45, a quick ratio of 1.89 and a current ratio of 2.10. The stock has a market cap of $176.18 billion, a price-to-earnings ratio of 36.28, a price-to-earnings-growth ratio of 2.38 and a beta of 0.86. The firm’s 50 day simple moving average is $656.93 and its 200 day simple moving average is $611.03.

Deere & Company (NYSE:DE – Get Free Report) last posted its quarterly earnings data on Thursday, August 20th. The industrial products company reported $5.10 EPS for the quarter, beating analysts’ consensus estimates of $4.69 by $0.41. Deere & Company had a net margin of 10.16% and a return on equity of 18.10%. The company had revenue of $12.61 billion for the quarter, compared to analyst estimates of $10.81 billion. During the same period in the previous year, the business posted $4.75 earnings per share. Deere & Company’s quarterly revenue was up 6.2% on a year-over-year basis. Equities research analysts predict that Deere & Company will post 18.11 EPS for the current year.

Deere & Company Announces Dividend

The business also recently declared a quarterly dividend, which will be paid on Monday, November 9th. Investors of record on Wednesday, September 30th will be given a $1.62 dividend. This represents a $6.48 annualized dividend and a yield of 1.0%. The ex-dividend date is Wednesday, September 30th. Deere & Company’s payout ratio is 36.00%.

Wall Street Analyst Weigh In

Several equities analysts have issued reports on DE shares. Oppenheimer raised their price objective on Deere & Company from $680.00 to $685.00 and gave the stock an “outperform” rating in a report on Thursday, August 20th. Raymond James Financial boosted their target price on Deere & Company from $700.00 to $730.00 and gave the company an “outperform” rating in a report on Monday, August 31st. Truist Financial decreased their target price on Deere & Company from $812.00 to $804.00 and set a “buy” rating for the company in a research report on Monday, August 24th. Seaport Research Partners set a $570.00 target price on Deere & Company in a research report on Friday, August 14th. Finally, DA Davidson raised their price target on Deere & Company from $685.00 to $760.00 and gave the stock a “buy” rating in a research note on Monday, August 24th. Seventeen analysts have rated the stock with a Buy rating and eight have issued a Hold rating to the company. According to MarketBeat, Deere & Company presently has a consensus rating of “Moderate Buy” and a consensus target price of $688.10.

Get Our Latest Research Report on Deere & Company

About Deere & Company

(Free Report)

Deere & Company, commonly known as John Deere, is a global manufacturer of agricultural, construction, forestry and turf-care equipment. The company’s products include tractors, combines, planters, sprayers, harvesting equipment, earthmoving machinery, forestry equipment, commercial and residential lawn-care products, and related technology solutions.

Deere operates through businesses serving production and precision agriculture, small agriculture and turf, and construction and forestry markets.