NEW YORK, December 29, 2025, 11:03 PM ET — Market closed
- Deere & Company shares closed up 0.3% as the broader market slipped in year-end trading.
- Investors are watching Federal Reserve minutes and jobless-claims data in a holiday-shortened week.
- Deere is due to trade ex-dividend on Dec. 31, a key date for income-focused holders.
Deere & Company (NYSE:DE) shares ended Monday higher, closing up 0.28% at $470.24.
The small gain stood out as U.S. stocks pulled back in thin, holiday-shortened trading, a period when year-end rebalancing can amplify moves in otherwise quiet tape.
Wall Street’s main indexes finished lower as megacap tech slid, and investors looked ahead to fresh signals on rates and growth. “This is (not) the beginning of the end of the tech dominance… it’ll turn out to be a buying opportunity,” said Hank Smith, director and head of investment strategy at Haverford Trust. Reuters
The retreat also tested hopes for a “Santa Claus rally,” the seasonal stretch when the S&P 500 often rises in the last five trading days of the year and the first two in January. Reuters
For Deere stock, the backdrop remains a debate over when the farm equipment downcycle bottoms, after the company’s most recent outlook undershot Wall Street expectations.
In late November, Deere forecast fiscal 2026 net income of $4.0 billion to $4.75 billion, below analysts’ expectations at the time, and flagged pressure tied to tariffs and weaker demand for big-ticket farm machinery.
Chief executive John May said then that 2026 should mark the low point of the large-agriculture cycle, as farmers delayed purchases amid squeezed economics and uncertainty around trade costs.
Rates stayed in focus on Monday as Treasury yields edged lower, with investors adjusting expectations for Federal Reserve easing in 2026 — a macro input that can sway capital-goods names such as Deere.
Peers were mixed: Caterpillar fell 0.75% and CNH Industrial slipped 0.53%, underscoring how stock-specific positioning can matter even within the same machinery complex.
Before Tuesday’s session, traders are bracing for another low-liquidity week, with U.S. markets closed on Thursday for New Year’s Day.
The next macro checkpoints include minutes from the Fed’s prior meeting — the detailed record of policymakers’ debate — alongside weekly jobless claims in an otherwise data-light run into year-end.
Deere’s calendar has its own near-term marker: the stock’s next ex-dividend date is Dec. 31, meaning shares bought on or after that date will trade without the right to the next quarterly payout.
The company’s board declared a quarterly dividend of $1.62 per share payable Feb. 9, 2026, to shareholders of record on Dec. 31.
On the chart, traders will be watching whether Deere holds above Monday’s intraday low near $466 and whether it can reclaim mid-December levels after topping $488 earlier this month.
Further out, Deere’s next earnings report is expected around Feb. 12, with investors likely to focus on any change in the company’s 2026 profit framework and how it plans to navigate tariff costs and end-market demand.
