Deere shares gain as bullish analyst call adds to post-earnings momentum

Deere & Company (DE) is up 3.1% today. Here is some analysis on what might have caused this price movement. ([benzinga.com](https://www.benzinga.com/analyst-stock-ratings/upgrades/26/08/61520658/this-deere-analyst-turns-bullish-here-are-top-5-upgrades-for-monday?utm_source=openai))

Analysis: The most likely catalyst is a fresh analyst upgrade that turned more constructive on Deere’s outlook and sharply lifted its price target. The move also appears supported by momentum from Deere’s recent quarterly results, which showed stronger-than-expected execution and a higher full-year net income outlook. ([benzinga.com](https://www.benzinga.com/analyst-stock-ratings/upgrades/26/08/61520658/this-deere-analyst-turns-bullish-here-are-top-5-upgrades-for-monday?utm_source=openai))

Details:

Baird upgraded Deere to Outperform on August 31 and raised its price target to $800 from $640, giving investors a clear same-day catalyst for the stock’s move. ([benzinga.com](https://www.benzinga.com/analyst-stock-ratings/upgrades/26/08/61520658/this-deere-analyst-turns-bullish-here-are-top-5-upgrades-for-monday?utm_source=openai))

Deere said in its August 20 earnings release that third-quarter net income was $1.379 billion, or $5.10 per share, and described the quarter as stronger than expected. ([sec.gov](https://www.sec.gov/Archives/edgar/data/315189/000110465926098904/de-20260820xex99d1.htm))

The company lifted its fiscal 2026 net income guidance to a range of $4.75 billion to $5.00 billion, which likely reinforced confidence in earnings durability. ([sec.gov](https://www.sec.gov/Archives/edgar/data/315189/000110465926098904/de-20260820xex99d1.htm))

Management also said order-book trends support the view that 2026 marks the bottom of the current agricultural equipment cycle, which could be improving sentiment toward the shares. ([sec.gov](https://www.sec.gov/Archives/edgar/data/315189/000110465926098904/de-20260820xex99d1.htm))

Sources:

SEC, Benzinga, John Deere

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 15 times in the past 6 months. Of those trades, 0 have been purchases and 15 have been sales.

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

RYAN D CAMPBELL (Pres WWC&F and Pwr Systems) has made 0 purchases and 15 sales selling 31,099 shares for an estimated $20,271,246.

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 1,226 institutional investors add shares of $DE stock to their portfolio, and 1,127 decrease their positions in their most recent quarter.

Here are some of the largest recent moves:

JPMORGAN CHASE & CO added 9,211,993 shares (+inf%) to their portfolio in Q2 2026, for an estimated $5,843,443,519
CAPITAL INTERNATIONAL INVESTORS added 4,706,513 shares (+276.3%) to their portfolio in Q2 2026, for an estimated $2,985,482,391
SIXTH STREET PARTNERS MANAGEMENT COMPANY, L.P. added 1,638,704 shares (+inf%) to their portfolio in Q2 2026, for an estimated $1,039,479,108
WELLINGTON MANAGEMENT GROUP LLP added 1,412,694 shares (+84.3%) to their portfolio in Q2 2026, for an estimated $896,114,185
FMR LLC added 958,880 shares (+14.7%) to their portfolio in Q2 2026, for an estimated $608,246,350
CAPITAL WORLD INVESTORS removed 770,945 shares (-6.3%) from their portfolio in Q2 2026, for an estimated $489,033,541
DIAMANT ASSET MANAGEMENT, INC. removed 609,683 shares (-99.8%) from their portfolio in Q2 2026, for an estimated $386,740,217

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 $12,060,720 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

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:

REPRESENTATIVE DAN NEWHOUSE sold up to $15,000 on 07/10.
SENATOR ALAN ARMSTRONG purchased up to $15,000 on 03/27.

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 8 analysts offer price targets for $DE in the last 6 months, with a median target of $632.5.

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.