DE · News · 20261007N
Interest Rate Environment
DEERE & CO · 2026-10-07 · Importance 17 · Surprise 24 · In source text
Long-dated U.S. Treasury yields reached a two-decade high on October 7, 2026, increasing borrowing costs for credit-dependent industrial customers. Third-party reporting identified higher rates as a demand headwind for heavy equipment and as a potential pressure on Deere’s financing activities. The reporting did not quantify an impact on Deere revenue, assets, margins, or financing-arm results.
Key facts
- Deere reported quarterly earnings of $5.10 per share and revenue of $12.61 billion, exceeding estimates, and declared a $1.62 quarterly dividend. source
- Wealth Enhancement Trust Services Inc. reduced its stake in Deere & Company by 34.3%, selling 2,007 shares and retaining 3,848 shares valued at $2.58 million. source
- Deere & Company's stock slid over 3% after the Federal Trade Commission and the U.S. Department of Agriculture announced a joint public inquiry into potential market power abuse by agricultural equipment manufacturers. source
- Deere fell 4% as long-dated Treasury yields reached a two-decade high, impacting the credit-dependent industrial sector. source
- Institutional investors now own 68.58% of Deere & Company stock. source
- Deere & Company's stock is currently priced at $660.27. source
Impact estimates
| metric | direction | stage | expected | basis |
|---|---|---|---|---|
| revenue | positive | realized | — | Deere reported quarterly earnings of $5.10 per share and revenue of $12.61 billion, exceeding estimates, and declared a $1.62 quarterly… |
| net_income | positive | realized | — | Deere reported quarterly earnings of $5.10 per share and revenue of $12.61 billion, exceeding estimates, and declared a $1.62 quarterly… |
| cash | negative | committed | — | Deere reported quarterly earnings of $5.10 per share and revenue of $12.61 billion, exceeding estimates, and declared a $1.62 quarterly… |