Massachusetts Financial Services Co. MA Lowers Stake in Deere & Company $DE

17 Apr 2026, 05:48 by Scott Moore · The Cerbat Gem

Massachusetts Financial Services Co. MA reduced its position in shares of Deere & Company (NYSE:DE – Free Report) by 70.1% during the 4th quarter, HoldingsChannel reports. The fund owned 29,217 shares of the industrial products company’s stock after selling 68,394 shares during the period. Massachusetts Financial Services Co. MA’s holdings in Deere & Company were worth $13,603,000 at the end of the most recent reporting period.

Several other hedge funds have also modified their holdings of DE. Brighton Jones LLC boosted its stake in shares of Deere & Company by 39.1% during the 4th quarter. Brighton Jones LLC now owns 4,548 shares of the industrial products company’s stock worth $1,927,000 after acquiring an additional 1,278 shares in the last quarter. Schnieders Capital Management LLC. boosted its stake in shares of Deere & Company by 7.8% during the 2nd quarter. Schnieders Capital Management LLC. now owns 2,076 shares of the industrial products company’s stock worth $1,056,000 after acquiring an additional 150 shares in the last quarter. Jump Financial LLC purchased a new stake in shares of Deere & Company during the 2nd quarter worth about $2,153,000. NewEdge Advisors LLC boosted its stake in shares of Deere & Company by 6.0% during the 2nd quarter. NewEdge Advisors LLC now owns 18,758 shares of the industrial products company’s stock worth $9,538,000 after acquiring an additional 1,067 shares in the last quarter. Finally, Main Street Financial Solutions LLC boosted its stake in shares of 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 worth $789,000 after acquiring an additional 97 shares in the last quarter. 68.58% of the stock is owned by hedge funds and other institutional investors.

Wall Street Analyst Weigh In

Several equities research analysts have recently issued reports on the stock. UBS Group increased their target price on shares of Deere & Company from $535.00 to $775.00 and gave the stock a “buy” rating in a research note on Friday, February 20th. DA Davidson increased their target price on shares of Deere & Company from $580.00 to $775.00 and gave the stock a “buy” rating in a research note on Friday, February 20th. JPMorgan Chase & Co. increased their target price on shares of Deere & Company from $525.00 to $550.00 and gave the stock a “neutral” rating in a research note on Friday, April 10th. Morgan Stanley increased their target price on shares of Deere & Company from $560.00 to $730.00 and gave the stock an “overweight” rating in a research note on Monday, February 23rd. Finally, Raymond James Financial reissued an “outperform” rating and set a $765.00 target price on shares of Deere & Company in a research note on Monday, February 23rd. Sixteen equities research analysts have rated the stock with a Buy rating and nine have given a Hold rating to the stock. According to data from MarketBeat.com, the company presently has an average rating of “Moderate Buy” and a consensus price target of $655.45.

Read Our Latest Stock Analysis on Deere & Company

Deere & Company Stock Up 1.3%

DE stock opened at $584.03 on Friday. The company has a market cap of $157.75 billion, a price-to-earnings ratio of 32.92, a PEG ratio of 2.02 and a beta of 0.98. The company has a current ratio of 2.21, a quick ratio of 1.96 and a debt-to-equity ratio of 1.59. Deere & Company has a 12 month low of $433.00 and a 12 month high of $674.19. The firm has a 50-day moving average of $594.97 and a two-hundred day moving average of $520.42.

Deere & Company (NYSE:DE – Get Free Report) last released its quarterly earnings data on Thursday, February 19th. The industrial products company reported $2.42 EPS for the quarter, beating analysts’ consensus estimates of $1.90 by $0.52. The company had revenue of $9.61 billion during the quarter, compared to the consensus estimate of $7.50 billion. Deere & Company had a net margin of 10.29% and a return on equity of 18.93%. Deere & Company’s quarterly revenue was up 17.5% on a year-over-year basis. During the same quarter in the prior year, the firm earned $3.19 EPS. As a group, analysts forecast that Deere & Company will post 19.32 earnings per share for the current fiscal year.

Deere & Company Dividend Announcement

The firm also recently disclosed a quarterly dividend, which will be paid on Friday, May 8th. Shareholders of record on Tuesday, March 31st will be issued a $1.62 dividend. The ex-dividend date is Tuesday, March 31st. This represents a $6.48 dividend on an annualized basis and a yield of 1.1%. Deere & Company’s dividend payout ratio is presently 36.53%.

Deere & Company News Summary

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

Positive Sentiment: Deere reached a multidistrict settlement on right-to-repair litigation that expands customer and independent service access and clarifies repair policies — reducing legal overhang and improving farmer/dealer relations, though it could modestly affect aftermarket margins. Deere Repair Settlement Puts Customer Access And Valuation In Focus
Positive Sentiment: John Deere is rehiring nearly 50 workers as production demand picks up, signaling a modest operational rebound in manufacturing activity; the story notes ongoing risks from tariffs, lawsuits and legacy layoffs, but the rehiring points to improving near-term production trends. John Deere Rehires Workers, But Tariffs, Lawsuits, and Past Layoffs Still Loom
Positive Sentiment: Coverage of Deere’s long history of technological innovation reinforces its durable competitive moat (precision ag, automation, telematics) — a longer‑term positive for pricing power and margin sustainability. John Deere continues 189-year history of technological leaps
Neutral Sentiment: A market report on Australia projects modest agriculture‑equipment growth to 2031 (CAGR ~2.46%), highlighting opportunities in tractors and electric/alternative‑fuel machinery but also calling out tariffs, drought and commodity volatility as headwinds — a mixed regional growth outlook for Deere. Australia Agriculture Equipment Market Research Report 2026-2031: John Deere, CNH Industrial, Kubota, and AGCO Dominate the $2.36 Billion Industry
Neutral Sentiment: Analyst/idea pieces (e.g., Zacks) highlight industrial stocks that may beat earnings, but these are broader thematic calls and not Deere‑specific catalysts; useful for positioning but not an immediate stock driver. Why Investors Need to Take Advantage of These 2 Industrial Products Stocks Now
Negative Sentiment: Recent trading showed a pullback (reported ~3.25% decline on April 15), reflecting near‑term selling pressure and market rotations that weighed on Deere. This short‑term weakness can pressure sentiment even as fundamentals remain intact. Deere (DE) Stock Falls Amid Market Uptick: What Investors Need to Know
Negative Sentiment: MarketWatch noted Deere underperformed peers in recent sessions, a signal investors watch for potential rotation risk and relative weakness versus competitors. Deere & Co. stock underperforms Wednesday when compared to competitors

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.

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