Deere & Company (DE)

Deere & Co.'s stock price has been influenced by several events and market conditions. The company reported its Q1 2025 earnings on February 13, 2025, and its Q2 2025 earnings on May 15, 2025, and the Annual General Meeting was held on February 26, 2025. Deere reported a net sales decline of 30% in Q1 2025, attributed to weak end market demand and macroeconomic uncertainties. Despite these challenges, the stock price has shown significant growth over the past year, with the share price increasing from $373.63 on June 28, 2024, to $513.34 on June 27, 2025, and reaching an all-time high of $533.78 on May 15, 2025.

Demand for Deere & Co.'s products and services exhibits seasonality, particularly within its Commercial & Consumer Equipment division, with approximately 65% of retail activity occurring between March and July and peak sales concentrated in April and May. Demand drops sharply by late fall, and the company manages its inventory by aligning production schedules with retail demand.

Deere & Co. (John Deere) is a global leader in the production of agricultural, construction, and forestry equipment and solutions, operating within the Industrials sector. The company manufactures intelligent, connected machines and applications designed to enhance productivity in the agriculture and construction industries. Its product offerings include a comprehensive range of equipment for various applications, and the company also develops drivetrain components and engines, and provides financial services through John Deere Financial.

Deere & Co. has a significant global presence with facilities in over 30 countries, including the United States, Canada, and various locations in Europe, Asia, and South America. Its main administrative center is in Moline, Illinois, USA, with manufacturing factories spread throughout the Southeastern and Central United States. Sales are distributed with approximately 60% from the US/Canada, 17% from Europe, 14% from Latin America, and 9% from the rest of the world. The company goes to market through a robust dealer network, which includes over 2,000 dealer locations in North America and reaches into over 100 countries worldwide.

Deere & Co.'s brand reputation has been shaped by positive recognition and significant controversies. John Deere was recognized as one of the "50 most community-minded companies in the United States" for the fourth consecutive year due to employee volunteerism and charitable contributions. However, the company has faced legal challenges concerning its "right to repair" policies, with allegations of unlawfully monopolizing the farm equipment repair market. Additionally, layoffs and outsourcing decisions have drawn criticism regarding the company's priorities.

Deere & Co. has substantial institutional ownership, with approximately 70% to 73.69% of its stock held by institutional investors, including Vanguard Group Inc., BlackRock, Inc., and State Street Corp. Cascade Investment LLC is identified as the largest individual shareholder, owning 10.80% of the company's shares.