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New Holland wins ‘Best Specialized’ at Tractor of the Year 2026 Awards
Globenewswire· 2025-11-10 09:00
Core Insights - New Holland's T4.120F Auto Command has won the 'Best Specialized' award at the 2026 Tractor of the Year awards, highlighting the brand's commitment to excellence in agricultural machinery [1][2]. Group 1: Award Recognition - The T4.120F Auto Command received top honors in the Specialized category at the prestigious 2026 Tractor of the Year awards held at Agritechnica in Hanover, Germany [1][2]. - The TOTY jury consists of leading farm machinery journalists from across Europe, emphasizing the award's credibility and significance in the industry [2]. Group 2: Product Features - The T4.120F model features the Auto Command™ Continuously Variable Transmission (CVT) with a 50-kph ECO mode, marking a first in the specialty tractor segment [3]. - The design of the T4.120F focuses on operator comfort and ease of use, making it particularly suitable for narrow tractors operating in vineyards and fruit farms [3]. Group 3: Company Overview - CNH Industrial is a global leader in equipment, technology, and services, with a focus on innovation, sustainability, and productivity [4]. - The company operates various brands, including Case IH and New Holland, providing comprehensive agricultural applications and construction products [4].
X @Bloomberg
Bloomberg· 2025-10-31 18:07
President Donald Trump wants farmers to go out and buy bigger tractors, but farm machinery producers might have to wait a little longer for a turnaround in sales. https://t.co/2X35cmOKuH ...
X @Bloomberg
Bloomberg· 2025-08-17 14:05
Political Context - Republican Representative Zach Nunn is creating a video at the Iowa State Fair focusing on President Donald Trump's tax law [1] - The video is being filmed on a John Deere tractor under the August sun [1]
ETFs to Gain Post Deere's Q2 Earnings Strength
ZACKS· 2025-05-16 16:01
Core Insights - Deere & Co. reported strong second-quarter fiscal 2025 results, surpassing earnings and revenue expectations, leading to a surge in share prices to record highs as investors believe the worst is over for the company [1][3] Financial Performance - Earnings per share were $6.64, exceeding the Zacks Consensus Estimate of $5.68, although this represents a 22% decline from the previous year [3] - Net sales from equipment operations fell 17.9% to $11.17 billion, slightly above the Zacks Consensus Estimate of $10.65 billion, while total net sales, including financial services, decreased 16% year over year to $12.76 billion [3] Guidance and Future Outlook - For fiscal 2025, Deere revised its annual income guidance down to $4.75-$5.5 billion from a previous range of $5-$5.5 billion [4] - The company anticipates a 15-20% decline in Production & Precision Agriculture revenues, with expected decreases of 10-15% in both Small Agriculture & Turf and Construction & Forestry segments [4] - Deere plans to invest $20 billion in the United States over the next decade, focusing on new product development, advanced technologies, and manufacturing [4] ETFs with Significant Exposure to Deere - iShares MSCI Agriculture Producers ETF (VEGI) holds a 26.6% share of Deere, with total assets of $96.8 million and an average daily volume of 23,000 shares [5][6] - Global X AgTech & Food Innovation ETF (KROP) has a 14.7% allocation to Deere, with an asset base of $8.8 million and an average daily volume of 5,000 shares [7][8] - First Trust Indxx Global Agriculture ETF (FTAG) includes Deere at a 9.9% share, with total assets of $6.2 million and an average daily volume of 1,000 shares [9][10] - Strive Natural Resources and Security ETF (FTWO) features Deere at a 9.8% share, with an asset base of $27.6 million and an average daily volume of 4,000 shares [12] - VanEck Agribusiness ETF (MOO) is the most popular, holding an 8.1% share of Deere, with assets of $599.5 million and an average daily volume of 44,000 shares [13][14]