Deere jumps as investors refocus on Q2 beat, steady FY26 outlook, and construction strength

Deere & Company (DE) is up 5.3% today. Here is some analysis on what might have caused this price movement.

Analysis: The move looks most consistent with a post-earnings “digest and rebound,” as investors refocus on Deere’s fiscal Q2 beat and management’s maintained full-year profit outlook. Strength in Construction & Forestry and continued confidence in FY2026 targets may be helping offset concerns tied to the large-ag cycle.

Details:

Deere reported fiscal Q2 net income of $1.773 billion ($6.55 per share) on worldwide net sales and revenues of $13.369 billion, with management emphasizing strong execution and a diversified portfolio.

The company kept its fiscal 2026 net income outlook at $4.5 billion to $5.0 billion, signaling confidence despite volatility in agricultural markets.

Deere’s quarterly filing highlighted operational execution and mix shifts (with relative strength in Construction & Forestry and Small Ag & Turf), alongside tariff-related items discussed in disclosures.

This could also be aided by incremental analyst model updates and price-target revisions following the Q2 release and subsequent filing.

Sources:

Deere & Company (Investor Relations), U.S. SEC (EDGAR), Investing.com

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.

$DE Hedge Fund Activity

We have seen 1,105 institutional investors add shares of $DE stock to their portfolio, and 1,189 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
JPMORGAN CHASE & CO removed 1,735,079 shares (-15.3%) from their portfolio in Q4 2025, for an estimated $807,800,730
M&T BANK CORP added 1,721,239 shares (+1199.8%) to their portfolio in Q4 2025, for an estimated $801,357,241
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

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 $12,783,588 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 Congressional Stock Trading

Members of Congress have traded $DE stock 2 times in the past 6 months. Of those trades, 1 have been purchases and 1 have been sales.

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

SENATOR MARKWAYNE MULLIN purchased up to $50,000 on 12/29.
REPRESENTATIVE JULIE JOHNSON sold up to $15,000 on 12/18.

To track congressional stock trading, check out Quiver Quantitative's congressional trading dashboard. You can access data on congressional stock trades through the Quiver Quantitative API Congress trades 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:

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
Tami Zakaria from JP Morgan set a target price of $550.0 on 04/10/2026
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
Kyle Menges from Citigroup set a target price of $625.0 on 03/09/2026

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.