Deere & Company (DE)

In November 2025, Deere & Co. shares dropped by 5.2% after reporting strong fourth-quarter earnings but providing a cautious fiscal year 2026 outlook. In December 2025, Deere declared a quarterly dividend of $1.62 per share. In February 2026, Deere reported its first-quarter net income of $656 million, beating EPS and revenue expectations, and increased its fiscal year 2026 net income guidance. In January 2026, John Deere announced a major expansion with two new U.S. facilities. In March 2026, the stock moved up by 3.45% due to positive analyst ratings and financial guidance. In April 2026, Deere & Company reached a settlement to resolve "right to repair" litigation, agreeing to pay $99 million and make repair software more widely available.

Demand for Deere & Co.'s agricultural machinery is impacted by seasonality, driven by farming cycles. Spring sees increased demand for planting equipment, while autumn is a promising period for harvesting machinery sales. Summer is typically slower for new equipment sales, and winter involves workshop work and planning for the next season. Deere's diversification into construction and forestry equipment and financial services helps mitigate some cyclicality, and the company is implementing strategies to reduce cyclical sales through autonomous SaaS products.

Deere & Company, known for its John Deere brand, is a global leader in manufacturing and distributing agricultural, construction, and forestry machinery, turf care equipment, and power systems. The company operates in the Industrials sector, specifically in the Farm & Heavy Construction Machinery industry, and is headquartered in Moline, Illinois. Deere operates through four business segments: Production and Precision Agriculture (PPA), Small Agriculture and Turf (SAT), Construction and Forestry (CF), and Financial Services (FS). Major products include agricultural equipment like tractors and harvesters, construction and forestry equipment such as excavators and loaders, turf care equipment, power systems including diesel engines, and financial services providing financing solutions.

Deere & Company has a broad global operational footprint, with manufacturing and distribution networks supporting equipment delivery across multiple regions. The company operates in more than 30 countries worldwide, with a presence in over 100 countries through its dealer network. Approximately 60% of Deere's sales are in the US/Canada, 17% in Europe, 14% in Latin America, and 9% in the rest of the world. The company has numerous U.S. facilities across more than 16 states, including its World Headquarters in Moline, Illinois, and global locations across North and South America, Europe, Asia, Africa, and Australia.

Deere & Company, operating under the John Deere brand, has a history of product innovation. In the past year, the settlement of multidistrict "right to repair" litigation in April 2026 impacted brand reputation, with Deere agreeing to pay $99 million and make repair software more widely available. Despite this, the company continues to emphasize its role in revolutionizing the agriculture and construction industries through intelligent machines and applications.

Deere & Company has a significant institutional ownership base, with 2466 institutional owners and shareholders holding a total of 198,134,809 shares. Approximately 60.49% of the company's stock is owned by Institutional Investors, 0.14% by Insiders, and 39.37% by Public Companies and Individual Investors. Major institutional owners include Vanguard Group Inc., BlackRock, Inc., and State Street Corp. Cascade Investment LLC, Bill Gates' family office, owns 29,259,573 shares, representing 10.83% of the company.