Deere & Co
About: Deere is the world's leading manufacturer of agricultural equipment, producing some of the most recognizable machines in the heavy machinery industry in their green and yellow livery. The company is divided into four reportable segments: production and precision agriculture, small agriculture and turf, construction and forestry, and John Deere Capital. Its products are available through an extensive dealer network, which includes over 2,000 dealer locations in North America and approximately 3,700 locations globally. John Deere Capital provides retail financing for machinery to its customers, in addition to wholesale financing for dealers, which increases the likelihood of Deere product sales.
Employees: 75,800
Fund manager confidence
Based on 2024 Q3 regulatory filings by fund managers ($100M+ AUM)
6% more capital invested
Capital invested by funds: $74.8B [Q2] → $79.4B (+$4.65B) [Q3]
5% more funds holding in top 10
Funds holding in top 10: 39 [Q2] → 41 (+2) [Q3]
7% more first-time investments, than exits
New positions opened: 172 | Existing positions closed: 161
1% more funds holding
Funds holding: 2,080 [Q2] → 2,091 (+11) [Q3]
1.71% less ownership
Funds ownership: 71.9% [Q2] → 70.19% (-1.71%) [Q3]
18% less call options, than puts
Call options by funds: $1.31B | Put options by funds: $1.61B
19% less repeat investments, than reductions
Existing positions increased: 699 | Existing positions reduced: 866
Research analyst outlook
8 Wall Street Analysts provided 1 year price targets over the past 3 months
8 analyst ratings
Truist Securities Jamie Cook 71% 1-year accuracy 56 / 79 met price target | 27%upside $550 | Buy Maintained | 19 Dec 2024 |
Citigroup Kyle Menges 29% 1-year accuracy 5 / 17 met price target | 9%upside $470 | Neutral Maintained | 9 Dec 2024 |
Jefferies Stephen Volkmann 20% 1-year accuracy 2 / 10 met price target | 18%upside $510 | Hold Downgraded | 6 Dec 2024 |
Morgan Stanley Angel Castillo 59% 1-year accuracy 10 / 17 met price target | 4%upside $450 | Overweight Maintained | 25 Nov 2024 |
UBS Steven Fisher 61% 1-year accuracy 17 / 28 met price target | 7%upside $462 | Neutral Maintained | 22 Nov 2024 |
Financial journalist opinion
Based on 35 articles about DE published over the past 30 days