Deere & Co. (DE)

Deere & Company is a world leader in providing advanced products, technology and services for customers whose work is revolutionizing agriculture and construction - those who cultivate, harvest, transform, enrich and build upon the land to meet the world's increasing need for food, fuel, shelter and infrastructure.

Company profile

Ticker

Exchange

NYSE

Website

www.deere.com

CEO

John May

Incorporated

Delaware

Location

Illinois

Fiscal year end

Oct 30

Sector

Manufacturing > Farm Machinery and Equipment Manufacturing

Industry (SIC)

Farm Machinery & Equipment

AGCO • Alamo • Lindsay • Art`s-way Manufacturing • MJ Harvest • THC Therapeutics • Opti-Harvest ...

SEC CIK

0000315189

Corporate docs

Articles of Incorporation & Bylaws

Underwriting Agreements

Plans of Reorganization

Indentures

Material Contracts & Credit Agreements

Subsidiaries Lists

Subsidiaries

Banco John Deere S.A. • Bear Flag Robotics, Inc. • Blue River Technology, Inc. • Chamberlain Holdings Limited • Deere Capital, Inc. • Deere Credit, Inc. • Deere Credit Services, Inc. • Deere Funding Canada Corporation • Deere Receivables LLC • Farm Plan Corporation ...

IRS number

362382580

DE stock data

1M 1Y 5Y

News

From Benzinga Pro

17 Analysts Have This to Say About Deere

11 Aug 22

Over the past 3 months, 17 analysts have published their opinion on Deere (NYSE:DE) stock. These analysts are typically employed by large Wall Street banks and tasked with understanding a company's business to predict how a stock will trade over the upcoming year.

Benzinga's Top Ratings Upgrades, Downgrades For August 11, 2022

11 Aug 22

Deutsche Bank Maintains Hold on Deere, Lowers Price Target to $388

11 Aug 22

Deutsche Bank analyst Nicole Deblase maintains Deere (NYSE:DE) with a Hold and lowers the price target from $417 to $388.

Evercore ISI Group Upgrades Deere to Outperform, Raises Price Target to $416

11 Aug 22

Looking At Deere's Recent Whale Trades

8 Aug 22

Press releases

From Benzinga Pro

Deere to Announce Third Quarter 2022 Financial Results

10 Aug 22

MOLINE, Ill., Aug. 10, 2022 /PRNewswire/ -- Deere & Company (NYSE:DE) will hold its third quarter 2022 earnings call on Friday, August 19, beginning at 9:00 a.m. central time. During the call, the company's

John Deere invests in Hello Tractor

2 Aug 22

MOLINE, Ill., Aug. 2, 2022 /PRNewswire/ -- Deere & Company (NYSE:DE) has made a minority investment in Hello Tractor, an ag-tech company based in Nairobi, Kenya. Hello Tractor connects tractor owners with smallholder

Felecia Pryor Joins Deere & Company as Senior Vice President & Chief People Officer

1 Aug 22

MOLINE, Ill., Aug. 1, 2022 /PRNewswire/ -- Deere & Company (NYSE:DE) announced today that former BorgWarner and Ford Motor Company executive, Felecia Pryor will join its senior leadership team as Senior Vice

Deere Announces Senior Leadership Changes including Ryan Campbell as President, Worldwide Construction & Forestry; Raj Kalathur as CFO

31 May 22

Allegion Announces CEO Succession

31 May 22

Analyst ratings and price targets

Last 3 months

Average target

$404.00

Low target

$325.00

High target

$472.00

Calendar

26 May 22

12 Aug 22

30 Oct 22

Financial summary

Financial statements Chart DE financial data

Quarter (USD)	May 22	Jan 22	Oct 21	Aug 21
Revenue
Cost of revenue
Operating income
Operating margin
Net income
Net profit margin
Cash on hand
Change in cash
Diluted EPS

Annual (USD)	Oct 21	Oct 20	Nov 19	Oct 18
Revenue
Cost of revenue
Operating income
Operating margin
Net income
Net profit margin
Cash on hand
Change in cash
Diluted EPS

Cash burn rate (est.)	Burn method: Change in cash		Burn method: Operating income		Burn method: FCF (opex + capex)
	Last Q	Avg 4Q	Last Q	Avg 4Q	Last Q	Avg 4Q
Cash on hand (at last report)	3.98B	3.98B	3.98B	3.98B	3.98B	3.98B
Cash burn (monthly)	196.67M	275.17M	(no burn)	(no burn)	(no burn)	(no burn)
Cash used (since last report)	671.98M	940.2M	n/a	n/a	n/a	n/a
Cash remaining	3.31B	3.04B	n/a	n/a	n/a	n/a
Runway (months of cash)	16.8	11.0	n/a	n/a	n/a	n/a

Beta Read what these cash burn values mean

Financial data from Deere & Co. earnings reports.

Recent insider trades

DE insider ownership history Insider history

Date	Owner	Security	Transaction	Code	Indirect	10b5-1	$Price	#Shares	$Value	#Remaining
26 May 22	John H Stone	$1 Par Common Stock	Sell	Dispose S	No	No	348.278	779	271.31K	21,087
26 May 22	John H Stone	$1 Par Common Stock	Sell	Dispose S	No	No	347.24	1,008	350.02K	21,866
26 May 22	John H Stone	$1 Par Common Stock	Sell	Dispose S	No	No	345.987	300	103.8K	22,874
26 May 22	John H Stone	$1 Par Common Stock	Sell	Dispose S	No	No	345.077	900	310.57K	23,174
26 May 22	John H Stone	$1 Par Common Stock	Sell	Dispose S	No	No	342	100	34.2K	24,074
26 May 22	John H Stone	$1 Par Common Stock	Sell	Dispose S	No	No	340.993	132	45.01K	24,174
26 May 22	John H Stone	$1 Par Common Stock	Option exercise	Acquire M	No	No	148.14	3,219	476.86K	24,306
26 May 22	John H Stone	$1 Par Common Stock	Sell	Dispose S	No	No	348.633	300	104.59K	21,087
26 May 22	John H Stone	$1 Par Common Stock	Sell	Dispose S	No	No	347.737	1,272	442.32K	21,387
26 May 22	John H Stone	$1 Par Common Stock	Sell	Dispose S	No	No	346.922	600	208.15K	22,659

Data from 3, 4 and 5 filings. Values as filed, not updated for current price.

Institutional ownership, Q1 2022

DE institutional ownership history Ownership history

77.3% owned by funds/institutions

13F holders	Current	Prev Q	Change
Total holders	1960	1858	+5.5%
Opened positions	241	271	-11.1%
Closed positions	139	116	+19.8%
Increased positions	764	667	+14.5%
Reduced positions	628	557	+12.7%

13F shares	Current	Prev Q	Change
Total value	96.65B	80.43B	+20.2%
Total shares	236.38M	232.91M	+1.5%
Total puts	3.57M	3.26M	+9.7%
Total calls	3.87M	2.44M	+58.5%
Total put/call ratio	0.9	1.3	-30.7%

Largest owners	Shares	Value	Change
Cascade Investment, L.L.C.	26.45M	$9.63B	0.0%
Vanguard	21.68M	$9.01B	+0.9%
BLK Blackrock	18.24M	$7.58B	+4.7%
JPM JPMorgan Chase & Co.	13.79M	$5.73B	+4.0%
STT State Street	11.29M	$4.7B	-2.7%
Wellington Management	6.34M	$2.64B	+3.9%
BAC Bank Of America	5.27M	$2.19B	-1.7%
FMR	4.87M	$2.02B	+89.5%
JHG Janus Henderson	4.62M	$1.92B	+9.1%
Geode Capital Management	4.52M	$1.87B	+1.9%

Largest transactions	Shares	Bought/sold	Change
Norges Bank	0	-2.8M	EXIT
FMR	4.87M	+2.3M	+89.5%
Loomis Sayles & Co L P	3.7M	-929.81K	-20.1%
Winslow Capital Management	893.17K	+893.17K	NEW
IVZ Invesco	2.48M	+823.37K	+49.8%
BLK Blackrock	18.24M	+813.11K	+4.7%
TROW T. Rowe Price	855.81K	-812.05K	-48.7%
Alliancebernstein	1.67M	+736.99K	+78.7%
Holocene Advisors	188.98K	-708.02K	-78.9%
Nuveen Asset Management	3.07M	+672K	+28.1%

Data from 13F filings, for the last complete 13F reporting period. For most recent data, click the ownership history button. Values as filed, not updated for current price. Long positions only.

Financial report summary

Competition

Caterpillar • Terex • AGCO

Content analysis

Positive
Negative
Uncertain
Constraining
Legalese
Litigous
Readability	8th grade Avg

New words: Ag, AgriSync, Austrian, began, Blue, CF, conflict, convert, converted, deductible, Director, disposal, entitled, ESG, excavator, exemption, feature, fertilizer, fluid, focused, forma, FS, heavily, inflationary, intent, Leap, learning, leverage, linking, medium, mining, moderately, Nonemployee, optimize, orchard, pioneer, platform, point, population, PPA, preliminary, pro, put, rapidly, redeemable, redemption, release, River, SAT, scarce, spray, stake, SureFire, suspended, suspending, suspension, target, tendering, thereunder, top, vineyard

Removed: absence, absorb, acceptance, account, African, alleged, articulated, backhoe, beneficiary, billion, China, controlling, conversion, cotton, country, COVID, crawler, delayed, dependent, designed, discount, disposition, distributing, dump, earthmoving, emergence, enabled, enhancement, feller, fever, food, forage, fully, generated, genetically, handling, Harbor, harvesting, hay, implementation, issue, land, landscape, lawn, licensing, liquidated, local, log, magnitude, mandated, milling, mobile, mortality, motor, mowing, network, noise, nutrient, organizational, outdoor, performed, personal, planning, potentially, power, processing, proportionally, protective, pull, recourse, reference, remote, renovation, representing, resource, riding, role, Safe, satisfy, securitized, seeding, segregated, servicer, shut, skid, slipform, source, statement, static, stationary, stipulated, sugarcane, supporting, surface, swine, tandem, threat, tillage, timber, track, travel, turn, unknown, VIE, wheel

From filing 10-Q 2022 Q2

Financial reports

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