Deere & Company stock is trading -6.55% below its average target price of $461 after dropping -1.5% during today's morning session. Analysts are giving the large-cap Farm & Heavy Construction Machinery company an average rating of buy and target prices ranging from $302 to $582 per share.
Deere & Company's short interest — meaning the percentage of the share float that is being shorted — is lower than average at 1.0%. The stock's short ratio is 1.81. The company's insiders own 0.2% of its outstanding shares, which indicates a strong alignment between management and shareholder interests.
Another number to watch is the company's rate of institutional share ownership, which now stands at 79.3%. In conclusion, we believe there is mixed market sentiment regarding Deere & Company.
Institutions Invested in Deere & Company
| Holder | Shares | Date Reported | Percentage | Value |
|---|---|---|---|---|
| Vanguard Group, Inc. (The) | 22,093,821 | 2022-09-29 | 7% | $9,518,460,125 |
| Blackrock Inc. | 18,648,657 | 2022-09-29 | 6% | $8,034,214,545 |
| JP Morgan Chase & Company | 12,969,768 | 2022-09-29 | 4% | $5,587,635,544 |
| State Street Corporation | 10,815,160 | 2022-09-29 | 4% | $4,659,387,310 |
| Wellington Management Group, LLP | 6,001,216 | 2022-09-29 | 2% | $2,585,443,921 |
| Janus Henderson Group PLC | 5,117,290 | 2022-09-29 | 2% | $2,204,630,915 |
| Geode Capital Management, LLC | 4,719,529 | 2022-09-29 | 2% | $2,033,267,518 |
| Bank of America Corporation | 4,574,032 | 2022-09-29 | 2% | $1,970,584,499 |
| Morgan Stanley | 4,022,050 | 2022-09-29 | 1% | $1,732,779,610 |
| FMR, LLC | 3,964,799 | 2022-09-29 | 1% | $1,708,114,734 |
