Why Deere (DE) Stock Is Down Today

Deere & Company (DE) is down 3.2% today. Here is some analysis on what might have caused this price movement.

Analysis: The most likely explanation is a mix of broad market pressure on industrial stocks and profit-taking after Deere’s strong late-August rally. There does not appear to be a major new company-specific negative announcement today, so this could be because investors are rotating out of economically sensitive names as Treasury yields climb and borrowing-cost concerns weigh on the market. ([apnews.com](https://apnews.com/article/cc56b71699c74950fb1bd9564bee74cc?utm_source=openai))

Details:

Deere’s latest quarterly report was strong: third-quarter net income rose to $1.379 billion, earnings were $5.10 per share, and full-year net income guidance was improved to $4.75 billion to $5.00 billion. ([sec.gov](https://www.sec.gov/Archives/edgar/data/315189/000110465926098904/de-20260820xex99d1.htm?utm_source=openai))

That report also included tariff recoveries, with Deere recording $110 million in the third quarter and $382 million for the first nine months of 2026, which helped recent results and may leave less room for upside surprises ahead. ([sec.gov](https://www.sec.gov/Archives/edgar/data/315189/000110465926098904/de-20260820xex99d1.htm?utm_source=openai))

Deere shares had been trading near the upper end of their recent range after earnings, which can make the stock more vulnerable to pullbacks when the broader market turns risk-off. ([ad-hoc-news.de](https://www.ad-hoc-news.de/boerse/news/corporate-news/deere-and-co-stock-edges-lower-after-q3-2026-earnings-beat-and-dividend/70135984?utm_source=openai))

At the same time, Deere has said demand for large agriculture equipment in the U.S. and Canada remains pressured by challenging farm fundamentals, even as management sees 2026 as the bottom of the cycle. ([sec.gov](https://www.sec.gov/Archives/edgar/data/315189/000110465926098904/de-20260820xex99d1.htm?utm_source=openai))

Sources:

AP News, Deere Investor Relations, SEC ([apnews.com](https://apnews.com/article/cc56b71699c74950fb1bd9564bee74cc?utm_source=openai))

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 21 times in the past 6 months. Of those trades, 0 have been purchases and 21 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 21 sales selling 35,959 shares for an estimated $23,436,012.

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 1,189 institutional investors add shares of $DE stock to their portfolio, and 1,007 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 Congressional Stock Trading

Members of Congress have traded $DE stock 1 times in the past 6 months. Of those trades, 0 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.

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 6 analysts offer price targets for $DE in the last 6 months, with a median target of $646.25.

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

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.