Deere & Company (NYSE:DE – Free Report) – Stock analysts at Erste Group Bank reduced their FY2027 EPS estimates for shares of Deere & Company in a research note issued on Thursday, August 27th. Erste Group Bank analyst S. Lingnau now expects 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.
Deere & Company (NYSE:DE – Get Free Report) last posted its quarterly earnings data 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. 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 during the quarter, compared to analysts’ expectations of $10.81 billion. During the same quarter last year, the company posted $4.75 EPS. The company’s quarterly revenue was up 6.2% compared to the same quarter last year.
Deere & Company Price Performance
Shares of DE stock opened at $656.46 on Monday. Deere & Company has a 1 year low of $433.00 and a 1 year high of $674.19. The company has a current ratio of 2.10, a quick ratio of 1.89 and a debt-to-equity ratio of 1.45. The firm’s 50 day moving average is $612.74 and its 200-day moving average is $593.84. The firm has a market capitalization of $176.99 billion, a price-to-earnings ratio of 36.47, a PEG ratio of 2.60 and a beta of 0.90.
Institutional Investors Weigh In On Deere & Company
A number of institutional investors and hedge funds have recently added to or reduced their stakes in DE. Mowery & Schoenfeld Wealth Management LLC acquired a new position in shares of Deere & Company during the 2nd quarter worth about $27,000. Kilter Group LLC acquired a new stake in shares of Deere & Company in the 2nd quarter valued at approximately $29,000. Timmons Wealth Management LLC acquired a new stake in shares of Deere & Company in the 4th quarter valued at approximately $29,000. McIlrath & Eck LLC bought a new position in Deere & Company during the 4th quarter worth approximately $30,000. Finally, Solstein Capital LLC bought a new position in Deere & Company during the 2nd quarter worth approximately $30,000. Institutional investors own 68.58% of the company’s stock.
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 given 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 currently 36.00%.
Key Deere & Company News
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 cited improving North American row-crop demand and expectations that the agricultural equipment cycle could recover in 2027. Deere Stock Moves Higher Following Baird’s Upgrade Move
- Positive Sentiment: The bullish outlook extends beyond Deere, with Baird also upgrading AGCO, CNH Industrial and Titan Machinery as it anticipates a farming recovery. This reinforced expectations for stronger equipment demand and a potential industry-cycle bottom. How Deere Stock Can Hit $800. A Farming Recovery Is Coming.
- Positive Sentiment: The upgrade added to momentum from Deere’s latest quarterly report, which exceeded earnings and revenue expectations. Deere reported $5.10 in quarterly EPS versus the $4.69 consensus, while revenue rose 6.2% year over year to $12.61 billion. Management also raised fiscal 2026 net-income guidance to $4.75 billion-$5.00 billion. Deere fiscal 2026 earnings release
- Neutral Sentiment: Several analysts have issued widely varying targets, with recent estimates ranging from the mid-$500s to above $800. That dispersion indicates meaningful upside potential if the farm recovery materializes, but also reflects uncertainty around the timing and strength of the cycle.
- Negative Sentiment: Insider-trading data cited in the coverage showed selling rather than buying by company insiders over the past six months. While this was not identified as the day’s primary catalyst, it may temper some investor enthusiasm.
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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