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Posted by Defense World Staff on Jul 21st, 2026

AlTi Global Inc. lessened its holdings in Deere & Company (NYSE:DE – Free Report) by 70.8% in the first quarter, according to the company in its most recent Form 13F filing with the Securities and Exchange Commission (SEC). The firm owned 816 shares of the industrial products company’s stock after selling 1,979 shares during the quarter. AlTi Global Inc.’s holdings in Deere & Company were worth $461,000 at the end of the most recent quarter.

Other institutional investors have also recently added to or reduced their stakes in the company. Key Capital Management INC bought a new position in Deere & Company in the 4th quarter worth approximately $27,000. Timmons Wealth Management LLC acquired a new position in Deere & Company during the 4th quarter worth $29,000. McIlrath & Eck LLC bought a new position in shares of Deere & Company in the fourth quarter worth $30,000. Portus Wealth Advisors LLC acquired a new position in shares of Deere & Company during the first quarter valued at $32,000. Finally, Wealth Watch Advisors INC bought a new stake in shares of Deere & Company during the third quarter valued at about $32,000. Institutional investors own 68.58% of the company’s stock.

Wall Street Analysts Forecast Growth A number of analysts have recently weighed in on the stock. Raymond James Financial reduced their price target on shares of Deere & Company from $765.00 to $700.00 and set an “outperform” rating for the company in a research note on Friday, May 22nd. Bank of America cut their target price on Deere & Company from $672.00 to $607.50 and set a “neutral” rating for the company in a research report on Friday, May 22nd. Robert W. Baird cut their price objective on Deere & Company from $580.00 to $525.00 and set a “neutral” rating for the company in a report on Friday, May 22nd. Weiss Ratings upgraded shares of Deere & Company from a “hold (c)” rating to a “hold (c+)” rating in a research report on Thursday, May 21st. Finally, Wall Street Zen raised shares of Deere & Company from a “sell” rating to a “hold” rating in a research note on Sunday, July 5th. Fourteen investment analysts have rated the stock with a Buy rating and nine have issued a Hold rating to the company’s stock. According to MarketBeat, the stock has a consensus rating of “Moderate Buy” and a consensus price target of $642.98.

Get Our Latest Stock Analysis on Deere & Company

Deere & Company Stock Performance Shares of DE stock opened at $586.13 on Tuesday. The company has a debt-to-equity ratio of 1.54, a current ratio of 2.18 and a quick ratio of 1.95. Deere & Company has a fifty-two week low of $433.00 and a fifty-two week high of $674.19. The stock’s 50-day moving average is $582.50 and its two-hundred day moving average is $572.84. The firm has a market cap of $158.22 billion, a P/E ratio of 33.21, a PEG ratio of 2.21 and a beta of 0.89.

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

Deere & Company Dividend Announcement The company also recently declared a quarterly dividend, which will be paid on Monday, August 10th. Shareholders of record on Tuesday, June 30th will be issued a $1.62 dividend. The ex-dividend date of this dividend is Tuesday, June 30th. This represents a $6.48 annualized dividend and a yield of 1.1%. Deere & Company’s dividend payout ratio is 36.71%.

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.

Read More Five stocks we like better than Deere & Company The Ugliest Stocks in the Market Just Got a Very Expensive Vote of Confidence Is Domino’s Stock Serving Up a Buying Opportunity? A $1T Black Hole: SpaceX Eyes Pentagon AI to Break Free Why Gold Miners Could Be the Market’s Biggest Comeback Story Want to see what other hedge funds are holding DE? Visit HoldingsChannel.com to get the latest 13F filings and insider trades for Deere & Company (NYSE:DE – Free Report).

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Anytime we’re talking about a $20 billion buildout of anything, that’s big money. I know, trillions of dollars in this AI buildout are being thrown around, and that number can get lost in the fray. But in the manufacturing or agricultural sectors, that’s big money.

Let’s dive into why this matters for farm equipment supplier Deere (NYSE:DE | DE Price Prediction), and where this stock could be headed from here.

The Number The $20 billion number I put forward earlier represents the commitment Deere has put on the table for U.S. manufacturing investment over the next 10 years, disclosed by CFO T. Brent Norwood on the fiscal Q2 2026 earnings call.

This capital will support  precision agriculture buildout that already has customers spraying 5 million acres with See and Spray technology, and running nearly 440,000 monthly active users through the John Deere Operations Center. Indeed, if the manufacturing and construction industries can continue to strengthen from here, this is a company that investors shouldn’t sleep on.

What It Means The aforementioned $20 billion dollar figure is a concrete factory-and-supplier commitment. Norwood laid out the math on the call – approximately 80% of John Deere’s U.S. complete good sales are produced at U.S. manufacturing facilities, and roughly 75% of those components are sourced from U.S.-based suppliers. The Kernersville, North Carolina plant just began building John Deere designed excavators following a $70 million expansion investment.

That manufacturing footprint is what carries the technology. Deere’s R&D spend hit $583 million in Q2 2026, up from $549 million a year earlier. See and Spray scaled from 1 million acres in year one to 5 million acres globally last year, with demonstrated 50% to 60% herbicide savings. Additionally, JDLink Boost kit sales crossed 12,500 units since launch in the second half of 2024, growing 25% in the last quarter alone, and Precision Essentials renewal rates sit at 70% overall and over 90% for second-year customers. That’s evidence that adoption sticks after the first season.

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Bull Case The company’s Q2 earnings report delivered where it mattered. Revenue of $13.369 billion beat expectations, and diluted EPS of $6.55 came in ahead of estimates. That represents four consecutive quarters of EPS beats. Construction & Forestry sales rose 29% to $3.79 billion, and Small Agriculture & Turf rose 16% to $3.485 billion. Importantly, Deere’s construction order book is also up more than 60% since November, with over 80% of production slots filled for the year, buoyed by data center construction expected to top $100 billion in 2026.

Management held full-year net income guidance at $4.5 billion to $5.0 billion, raised the Construction & Forestry sales outlook to up approximately 20%, and lifted Financial Services net income to $860 million. Capital returns matched the confidence, with $500 million in buybacks over six months and a $1.62 quarterly dividend. Norwood put the cycle thesis plainly: “our baseline view remains that fiscal 2026 will represent the bottom of the ag cycle.”

New inventory of high horsepower tractors and combines is down more than 50% from the mid-2024 peak. When large ag turns, Deere will turn with a technology stack customers are already paying for.

Bottom Line Deere’s $20 billion manufacturing commitment matters because it makes the precision ag story tangible. Factories in Iowa and North Carolina, a supplier base that is 75% U.S. sourced, and software adoption compounding at over 90% second-year renewals give long-term holders a story with numbers behind it. With a trailing P/E of 36-times (which is not cheap), and Production & Precision Ag sales falling 14% in the quarter, there is some cyclicality to this stock.

Thus, I think the next key data point investors need to pay attention to will arrive on August 20, 2026, when Deere reports Q3 results. If the cycle bottoms where management says it will, the factories are ready.

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