
Deere & Company (NYSE:DE – Free Report) – Investment analysts at Erste Group Bank decreased their FY2027 earnings estimates for Deere & Company in a research note issued to investors on Thursday, August 27th. Erste Group Bank analyst S. Lingnau now forecasts that the industrial products company will earn $22.50 per share for the year, down from their previous forecast of $22.81. The consensus estimate for Deere & Company’s current full-year earnings is $18.11 per share.
DE has been the topic of a number of other reports. Seaport Research Partners set a $570.00 target price on shares of Deere & Company in a report on Friday, August 14th. JPMorgan Chase & Co. increased their price target on shares of Deere & Company from $570.00 to $585.00 and gave the stock a “neutral” rating in a research note on Friday, August 21st. Oppenheimer increased their price target on shares of Deere & Company from $680.00 to $685.00 and gave the stock an “outperform” rating in a research note on Thursday, August 20th. Raymond James Financial raised their price objective on shares of Deere & Company from $700.00 to $730.00 and gave the stock an “outperform” rating in a research report on Monday. Finally, Barclays lifted their price objective on shares of Deere & Company from $640.00 to $675.00 and gave the company an “overweight” rating in a research note on Monday, August 24th. Sixteen investment analysts have rated the stock with a Buy rating and eight have assigned a Hold rating to the company. According to data from MarketBeat.com, Deere & Company currently has an average rating of “Moderate Buy” and a consensus price target of $662.98.
Deere & Company Price Performance
Shares of NYSE DE opened at $674.74 on Monday. The stock has a market cap of $181.92 billion, a P/E ratio of 37.49, a P/E/G ratio of 2.70 and a beta of 0.90. Deere & Company has a twelve month low of $433.00 and a twelve month high of $677.89. The stock has a 50 day moving average of $614.39 and a two-hundred day moving average of $594.27. The company has a current ratio of 2.10, a quick ratio of 1.89 and a debt-to-equity ratio of 1.45.
Deere & Company (NYSE:DE – Get Free Report) last posted its earnings results on Thursday, August 20th. The industrial products company reported $5.10 earnings per share for the quarter, beating the consensus estimate of $4.69 by $0.41. The business had revenue of $12.61 billion during the quarter, compared to the consensus estimate of $10.81 billion. Deere & Company had a return on equity of 18.10% and a net margin of 10.16%.The business’s quarterly revenue was up 6.2% on a year-over-year basis. During the same period in the previous year, the business earned $4.75 EPS.
Deere & Company Dividend Announcement
The business also recently declared a quarterly dividend, which will be paid on Monday, November 9th. Stockholders of record on Wednesday, September 30th will be paid a dividend of $1.62 per share. This represents a $6.48 annualized dividend and a dividend yield of 1.0%. The ex-dividend date is Wednesday, September 30th. Deere & Company’s dividend payout ratio is 36.00%.
Institutional Investors Weigh In On Deere & Company
Several hedge funds have recently modified their holdings of DE. SHEPHERD WEALTH MANAGEMENT Ltd LIABILITY Co raised its position in Deere & Company by 3.2% during the 2nd quarter. SHEPHERD WEALTH MANAGEMENT Ltd LIABILITY Co now owns 516 shares of the industrial products company’s stock worth $308,000 after buying an additional 16 shares during the last quarter. Anchyra Partners LLC boosted its holdings in shares of Deere & Company by 0.5% in the first quarter. Anchyra Partners LLC now owns 3,191 shares of the industrial products company’s stock valued at $1,797,000 after acquiring an additional 17 shares in the last quarter. William B. Walkup & Associates Inc. boosted its holdings in shares of Deere & Company by 0.6% in the first quarter. William B. Walkup & Associates Inc. now owns 2,908 shares of the industrial products company’s stock valued at $1,638,000 after acquiring an additional 17 shares in the last quarter. Advisortrust Partners LLC increased its stake in shares of Deere & Company by 2.0% during the first quarter. Advisortrust Partners LLC now owns 914 shares of the industrial products company’s stock worth $515,000 after acquiring an additional 18 shares during the period. Finally, Cerro Pacific Wealth Advisors LLC increased its stake in shares of Deere & Company by 0.6% during the fourth quarter. Cerro Pacific Wealth Advisors LLC now owns 3,179 shares of the industrial products company’s stock worth $1,480,000 after acquiring an additional 19 shares during the period. 68.58% of the stock is owned by institutional investors and hedge funds.
Deere & Company News Summary
Here are the key news stories impacting Deere & Company this week:
- Positive Sentiment: Baird upgraded Deere to Outperform from Neutral and raised its price target to $800 from $640. The firm expects improving North American agricultural fundamentals in 2027, including potentially stronger corn prices and row-crop demand. Baird Just Upgraded Deere Stock. Here’s Why
- Positive Sentiment: The upgrade reinforces a recovery thesis: Baird believes the current farm-equipment downturn could bottom in 2026, setting up stronger equipment demand and profits in 2027. The call also lifted sentiment across agricultural machinery stocks. How Deere Stock Can Hit $800. A Farming Recovery Is Coming.
- Positive Sentiment: Deere’s latest quarterly results provide additional support for the bullish outlook. The company exceeded earnings and revenue expectations, reported year-over-year revenue growth, and raised fiscal 2026 net-income guidance to approximately $4.75 billion-$5.00 billion.
- Positive Sentiment: Unusually heavy call-option activity, with investors purchasing roughly 61% more calls than typical, signals increased short-term bullish positioning, although options activity can also amplify volatility.
- Positive Sentiment: Deere launched “JD,” an artificial-intelligence assistant integrated into its Operations Center. The tool is designed to help farmers analyze field data and make operational decisions, potentially strengthening Deere’s technology offering and customer relationships. Deere launches AI assistant named JD to guide farmers
About Deere & Company
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.
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