Deere & Co
About: Deere is the world's leading manufacturer of agricultural equipment and a major producer of construction machinery. The company is divided into four reporting segments: production & precision agriculture (PPA), small agriculture & turf (SAT), construction & forestry (CF), and financial services (FS), its captive finance subsidiary. The core PPA business is the largest contributor to sales and profits by far. Geographically, Deere sales are 60% US/Canada, 17% Europe, 14% Latin America, and 9% rest of world. Deere goes to market through a robust dealer network that includes over 2,000 dealer locations in North America with reach into over 100 countries. John Deere financial provides retail financing for machinery to its customers and wholesale financing for dealers.
Employees: 75,800
Fund manager confidence
Based on 2024 Q4 regulatory filings by fund managers ($100M+ AUM)
174% more first-time investments, than exits
New positions opened: 282 | Existing positions closed: 103
14% more capital invested
Capital invested by funds: $83.3B [Q3] → $95.2B (+$11.9B) [Q4]
6% more funds holding
Funds holding: 2,103 [Q3] → 2,230 (+127) [Q4]
2% more funds holding in top 10
Funds holding in top 10: 41 [Q3] → 42 (+1) [Q4]
9% less repeat investments, than reductions
Existing positions increased: 744 | Existing positions reduced: 819
1.12% less ownership
Funds ownership: 73.6% [Q3] → 72.48% (-1.12%) [Q4]
17% less call options, than puts
Call options by funds: $1.31B | Put options by funds: $1.58B
Research analyst outlook
6 Wall Street Analysts provided 1 year price targets over the past 3 months
6 analyst ratings
Baird Mircea Dobre 53% 1-year accuracy 8 / 15 met price target | 7%upside $501 | Neutral Downgraded | 3 Mar 2025 |
Evercore ISI Group David Raso 35% 1-year accuracy 7 / 20 met price target | 3%downside $455 | In-Line Maintained | 19 Feb 2025 |
Citigroup Kyle Menges 37% 1-year accuracy 10 / 27 met price target | 3%upside $480 | Neutral Maintained | 14 Feb 2025 |
Truist Securities Jamie Cook 45% 1-year accuracy 34 / 76 met price target | 17%upside $546 | Buy Reiterated | 14 Feb 2025 |
JP Morgan Tami Zakaria 40% 1-year accuracy 14 / 35 met price target | 7%upside $500 | Neutral Maintained | 10 Feb 2025 |
Financial journalist opinion
Based on 12 articles about DE published over the past 30 days
