Deere Falls as Investors Revisit Large-Ag Weakness and Valuation Risk

Deere & Company (DE) is down 6.3% today. Here is some analysis on what might have caused this price movement.

Analysis: There does not appear to be a single new company filing or major product announcement driving the drop, so the catalyst is somewhat unclear. This could be because investors are refocusing on Deere’s still-soft large agriculture backdrop, its unchanged full-year profit outlook after the last earnings report, and the stock’s sensitivity to valuation after a strong rebound earlier this year.

Details:

Deere’s most recent quarterly report showed profit and revenue support from stronger construction and small agriculture activity, but large farm equipment demand remained weak.

The company kept its fiscal 2026 net income outlook in place rather than raising it, which can leave little room for disappointment when shares have already recovered sharply.

Recent analyst commentary has highlighted pressure from lower farmer income, softer North American large-ag demand, and the view that the stock had already priced in a fuller farm-cycle recovery.

There was also a recent legal overhang tied to Deere’s right-to-repair settlement process, although that issue alone does not look large enough to fully explain a one-day move of this size.

Sources:

Deere, SEC, Investing.com, MarketBeat

Disclaimer: This price movement analysis was generated with the help of AI. Please double-check the information provided for mistakes.

$DE Insider Trading Activity

$DE insiders have traded $DE stock on the open market 5 times in the past 6 months. Of those trades, 0 have been purchases and 5 have been sales.

Here’s a breakdown of recent trading of $DE stock by insiders over the last 6 months:

JOHN C II MAY (Chairman & CEO) has made 0 purchases and 4 sales selling 41,472 shares for an estimated $20,797,648.
CORY J REED (Pres, Life Sol Cust Sup & S.M.) sold 12,000 shares for an estimated $6,120,000

To track insider transactions, check out Quiver Quantitative's insider trading dashboard. You can access data on insider stock transactions through the Quiver Quantitative API insider transaction endpoint.

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$DE Hedge Fund Activity

We have seen 1,018 institutional investors add shares of $DE stock to their portfolio, and 1,002 decrease their positions in their most recent quarter.

Here are some of the largest recent moves:

CAPITAL WORLD INVESTORS added 2,680,890 shares (+27.9%) to their portfolio in Q1 2026, for an estimated $1,481,955,778
HARRIS ASSOCIATES L P removed 2,616,555 shares (-83.5%) from their portfolio in Q1 2026, for an estimated $1,446,392,355
NORTHWESTERN MUTUAL WEALTH MANAGEMENT CO removed 1,867,220 shares (-93.2%) from their portfolio in Q1 2026, for an estimated $1,032,171,207
CAPITAL INTERNATIONAL INVESTORS added 1,703,509 shares (+inf%) to their portfolio in Q1 2026, for an estimated $941,674,222
WELLINGTON MANAGEMENT GROUP LLP removed 760,789 shares (-31.2%) from their portfolio in Q1 2026, for an estimated $420,552,747
DIAMANT ASSET MANAGEMENT, INC. added 609,533 shares (+56230.0%) to their portfolio in Q1 2026, for an estimated $336,940,699
BLACKROCK, INC. removed 593,426 shares (-3.1%) from their portfolio in Q1 2026, for an estimated $328,036,991

To track hedge funds' stock portfolios, check out Quiver Quantitative's institutional holdings dashboard. You can access data on hedge funds moves and 13F filings through the Quiver Quantitative API 13F endpoint.

$DE Government Contracts

We have seen $12,255,964 of award payments to $DE over the last year.

Here are some of the awards which we have have seen pay out the most over the last year:

8511618895!WHEEL LOADER: $7,640,515
YELL: PURCHASE ROAD GRADER FOR YELLOWSTONE NATIONAL PARK: $420,687

To track government contracts to publicy traded companies, check out Quiver Quantitative's government contracts dashboard. You can access data on government contracts through the Quiver Quantitative API government contracts endpoint.

$DE Price Targets

Multiple analysts have issued price targets for $DE recently. We have seen 12 analysts offer price targets for $DE in the last 6 months, with a median target of $658.0.

Here are some recent targets:

Jamie Cook from Truist Securities set a target price of $812.0 on 07/02/2026
Tami Zakaria from JP Morgan set a target price of $590.0 on 06/04/2026
Sabahat Khan from RBC Capital set a target price of $752.0 on 06/01/2026
Ross Gilardi from B of A Securities set a target price of $607.5 on 05/22/2026
Michael Shlisky from DA Davidson set a target price of $685.0 on 05/22/2026
Stephen Volkmann from Jefferies set a target price of $550.0 on 04/08/2026
Adam Seiden from Barclays set a target price of $640.0 on 04/01/2026

This article is not financial advice. See Quiver Quantitative's disclaimers for more information. Note that there may be inaccuracies due to mistakes in ticker-mapping, and other anomalies.