Deere & Company (NYSE:DE) Share Price Breaks Above 50-Day Moving Average – Here’s What Happened

Posted by Brian Himes on Oct 31st, 2026

Deere & Company (NYSE:DE – Get Free Report) passed above its 50 day moving average during trading on Friday. The stock has a 50 day moving average of $663.79 and traded as high as $675.88. Deere & Company shares last traded at $675.03, with a volume of 1,254,125 shares traded.

Deere & Company News Summary

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

Positive Sentiment: Deere was largely insulated from the machinery-sector selloff that hit Caterpillar after its moderate outlook. The relative resilience suggests investors viewed Deere’s farm-equipment exposure and outlook more favorably. Caterpillar Drops 7% as Moderate Sales Outlook Overshadows Beat; Deere Sits Out the Selloff
Positive Sentiment: Analysts highlighted smart-farming technology, automation and cost controls as potential support for Deere, particularly as long-term agricultural demand and equipment investment improve. Zacks Industry Outlook Highlights Deere & Co., Kubota and CNH Industrial
Positive Sentiment: One valuation analysis estimates Deere may be undervalued by approximately 16%, with cybersecurity developments adding a potential catalyst if the company can strengthen its technology and risk-management position. Deere Stock May Be 16% Undervalued on AI Cyberattack News
Neutral Sentiment: Analysts expect Deere’s upcoming fourth-quarter report to show a single-digit increase in profit, keeping earnings expectations in focus ahead of the release. Deere & Company’s Earnings: What to Expect
Negative Sentiment: Wheat’s prolonged decline is pressuring farmers’ incomes and balance sheets, which could eventually reduce demand for new agricultural equipment or delay replacement purchases. Farmers Are Getting Crushed as Wheat Slides for a Record Stretch

Analyst Upgrades and Downgrades

Several research firms have recently commented on DE. Barclays raised their target price on shares of Deere & Company from $640.00 to $675.00 and gave the stock an “overweight” rating in a research report on Monday, August 24th. JPMorgan Chase & Co. boosted their price target on shares of Deere & Company from $585.00 to $625.00 and gave the company a “neutral” rating in a research report on Thursday, October 8th. Weiss Ratings raised shares of Deere & Company from a “hold (c)” rating to a “hold (c+)” rating in a research note on Monday, September 21st. Seaport Research Partners set a $570.00 price objective on shares of Deere & Company in a report on Friday, August 14th. Finally, UBS Group lowered their price objective on shares of Deere & Company from $732.00 to $728.00 and set a “buy” rating for the company in a report on Friday, August 21st. Seventeen analysts have rated the stock with a Buy rating and eight have given a Hold rating to the stock. Based on data from MarketBeat.com, the stock currently has an average rating of “Moderate Buy” and a consensus price target of $688.10.

Check Out Our Latest Stock Report on Deere & Company

Deere & Company Stock Performance

The business has a fifty day simple moving average of $663.79 and a 200-day simple moving average of $604.16. The company has a quick ratio of 1.89, a current ratio of 2.10 and a debt-to-equity ratio of 1.45. The firm has a market cap of $182.00 billion, a P/E ratio of 37.50, a P/E/G ratio of 2.41 and a beta of 0.86.

Deere & Company (NYSE:DE – Get Free Report) last announced its earnings results on Thursday, August 20th. The industrial products company reported $5.10 EPS for the quarter, beating analysts’ consensus estimates of $4.69 by $0.41. Deere & Company had a net margin of 10.16% and a return on equity of 18.10%. The firm had revenue of $12.61 billion for the quarter, compared to analysts’ expectations of $10.81 billion. During the same quarter in the previous year, the business posted $4.75 EPS. The company’s quarterly revenue was up 6.2% on a year-over-year basis. On average, sell-side analysts predict that Deere & Company will post 18.11 EPS for the current fiscal year.

Deere & Company Announces Dividend

The firm also recently declared a quarterly dividend, which will be paid on Monday, November 9th. Investors of record on Wednesday, September 30th will be paid a $1.62 dividend. 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 (DPR) is presently 36.00%.

Institutional Inflows and Outflows

A number of large investors have recently bought and sold shares of DE. Mowery & Schoenfeld Wealth Management LLC purchased a new stake in shares of Deere & Company in the 2nd quarter worth approximately $27,000. Kilter Group LLC bought a new position in Deere & Company during the 2nd quarter valued at approximately $29,000. Solstein Capital LLC bought a new position in Deere & Company during the 2nd quarter valued at approximately $30,000. Orion Capital Management LLC purchased a new position in Deere & Company during the second quarter valued at $32,000. Finally, Markowski Investments purchased a new position in Deere & Company during the second quarter valued at $34,000. 68.58% of the stock is owned by hedge funds and other institutional investors.

About Deere & Company

(Get Free Report)

Deere & Company, founded by blacksmith John Deere in 1837, is a global manufacturer of agricultural, construction, forestry and turf-care equipment. The company is headquartered in Moline, Illinois, and operates under the John Deere brand.

Its products include tractors, combines, planters, sprayers, harvesting equipment, loaders, excavators, motor graders, forestry machines, mowers and compact utility equipment. Deere also provides replacement parts, equipment support, financing and technology-enabled solutions designed to improve machine productivity, automation and precision in farming and other industries.

Deere serves customers through dealerships and operations across North America, Latin America, Europe and other international markets.