Deere & Company (NYSE:DE) Receives Average Recommendation of “Moderate Buy” from Analysts

Shares of Deere & Company (NYSE:DE) have been given an average rating of “Moderate Buy” by the twenty-four ratings firms that are covering the firm, MarketBeat reports. One equities research analyst has rated the stock with a sell recommendation, eight have given a hold recommendation and fifteen have issued a buy recommendation on the company. The average 1 year target price among brokers that have covered the stock in the last year is $637.70.

DE has been the topic of a number of analyst reports. Wolfe Research increased their price target on Deere & Company from $520.00 to $550.00 and gave the company an “outperform” rating in a research note on Friday, January 2nd. Daiwa Securities Group dropped their price objective on Deere & Company from $530.00 to $520.00 and set an “outperform” rating for the company in a report on Tuesday, December 2nd. DA Davidson raised their target price on Deere & Company from $580.00 to $775.00 and gave the stock a “buy” rating in a report on Friday, February 20th. BMO Capital Markets boosted their target price on Deere & Company from $460.00 to $500.00 and gave the stock a “market perform” rating in a research report on Friday, February 20th. Finally, JPMorgan Chase & Co. lowered their price target on Deere & Company from $480.00 to $460.00 and set a “neutral” rating for the company in a research note on Friday, December 19th.

Deere & Company Stock Down 0.3%

Shares of NYSE DE opened at $644.88 on Wednesday. Deere & Company has a 1 year low of $404.42 and a 1 year high of $674.19. The firm’s 50-day moving average is $528.91 and its 200-day moving average is $492.95. The company has a current ratio of 2.21, a quick ratio of 1.96 and a debt-to-equity ratio of 1.59. The firm has a market capitalization of $174.81 billion, a PE ratio of 36.35, a price-to-earnings-growth ratio of 2.36 and a beta of 1.02.

Deere & Company (NYSE:DE) last posted its quarterly earnings results on Thursday, February 19th. The industrial products company reported $2.42 earnings per share for the quarter, topping analysts’ consensus estimates of $1.90 by $0.52. Deere & Company had a net margin of 10.29% and a return on equity of 18.93%. The business had revenue of $9.61 billion during the quarter, compared to the consensus estimate of $7.50 billion. During the same period in the previous year, the firm posted $3.19 earnings per share. Deere & Company’s revenue for the quarter was up 17.5% compared to the same quarter last year. Equities analysts expect that Deere & Company will post 19.32 EPS for the current year.

Deere & Company Dividend Announcement

The company also recently announced a quarterly dividend, which was paid on Monday, February 9th. Shareholders of record on Wednesday, December 31st were issued a $1.62 dividend. The ex-dividend date was Wednesday, December 31st. This represents a $6.48 annualized dividend and a yield of 1.0%. Deere & Company’s dividend payout ratio (DPR) is 36.53%.

Key Stories Impacting Deere & Company

Here are the key news stories impacting Deere & Company this week:

• Positive Sentiment: Morgan Stanley raised its price target to $730 (from $560) and kept an Overweight rating, citing reasons Deere can continue to outperform near- and long-term despite agricultural headwinds. Read More.
• Positive Sentiment: Multiple firms have lifted targets into the $700s (some up to $793), signaling street sentiment that Deere’s Q1 beat and guidance reset justify higher through-cycle value. Read More.
• Positive Sentiment: Analysts and commentary note a narrative shift after Deere’s strong Q1 — earnings and raised guidance have pushed some fair-value estimates materially higher, supporting a bullish case on earnings power. Read More.
• Positive Sentiment: Operational partnership: Bayer and John Deere expanded FieldView/Operations Center integration to simplify prescription-to-execution workflows for U.S. farmers, which can strengthen product stickiness and software/service revenue over time. Read More.
• Neutral Sentiment: Retail/investor attention is elevated (Zacks notes heavy search interest), which can increase short-term volatility but doesn’t itself change fundamentals. Read More.
• Negative Sentiment: Jefferies downgraded DE to Underperform / Sell, arguing current valuation already prices a full farm-cycle recovery while U.S. farmer incomes remain under pressure — a near-term catalyst for downside. Read More.
• Negative Sentiment: Manufacturing Dive reports Deere, CNH and AGCO expect lower North American sales in 2026 and plan to underproduce to realign with weaker demand — a demand-cycle headwind that could weigh on deliveries and margins. Read More.
• Negative Sentiment: TipRanks/other outlets highlighted sell/negative takes emphasizing “overextended valuation” during an agricultural downcycle — adding to short-term selling pressure. Read More.

Insiders Place Their Bets

In other news, CEO John C. May II sold 41,472 shares of the business’s stock in a transaction on Thursday, January 8th. The shares were sold at an average price of $501.49, for a total value of $20,797,793.28. Following the completion of the transaction, the chief executive officer owned 117,970 shares of the company’s stock, valued at $59,160,775.30. The trade was a 26.01% decrease in their position. The sale was disclosed in a filing with the Securities & Exchange Commission, which is available at this hyperlink. Also, insider Cory J. Reed sold 12,000 shares of the company’s stock in a transaction on Wednesday, January 14th. The shares were sold at an average price of $510.00, for a total transaction of $6,120,000.00. Following the completion of the sale, the insider owned 20,792 shares of the company’s stock, valued at approximately $10,603,920. This represents a 36.59% decrease in their position. The disclosure for this sale is available in the SEC filing. Company insiders own 0.29% of the company’s stock.

Hedge Funds Weigh In On Deere & Company

Several institutional investors have recently modified their holdings of the business. The Manufacturers Life Insurance Company grew its holdings in shares of Deere & Company by 30.6% in the 2nd quarter. The Manufacturers Life Insurance Company now owns 364,103 shares of the industrial products company’s stock valued at $185,143,000 after acquiring an additional 85,351 shares in the last quarter. Csenge Advisory Group boosted its position in Deere & Company by 84.9% during the third quarter. Csenge Advisory Group now owns 7,440 shares of the industrial products company’s stock valued at $3,402,000 after purchasing an additional 3,416 shares during the last quarter. Mesirow Financial Investment Management Inc. grew its stake in Deere & Company by 1.0% in the second quarter. Mesirow Financial Investment Management Inc. now owns 4,678 shares of the industrial products company’s stock valued at $2,379,000 after purchasing an additional 45 shares in the last quarter. MASTERINVEST Kapitalanlage GmbH bought a new position in Deere & Company in the second quarter valued at approximately $3,615,000. Finally, WINTON GROUP Ltd acquired a new position in shares of Deere & Company during the 2nd quarter worth approximately $4,550,000. Institutional investors own 68.58% of the company’s stock.

Deere & Company Company Profile

Deere & Company, commonly known by its brand John Deere, is a global manufacturer of agricultural, construction and forestry machinery, as well as turf care equipment and power systems. Founded in 1837 by blacksmith John Deere—who developed a polished steel plow to improve tillage in tough prairie soils—the company is headquartered in Moline, Illinois, and has grown into one of the largest and most recognizable names in equipment manufacturing worldwide.

The company’s principal businesses include a broad portfolio of agricultural equipment such as tractors, combines, planters, sprayers, harvesters and tillage implements, complemented by precision agriculture technologies and telematics that support farm management, yield optimization and equipment connectivity.