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
|Vanguard Group, Inc. (The)||22,093,821||2022-09-29||7%||$9,518,460,125|
|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|