Deere & Company (NYSE:DE – Free Report) – Zacks Research cut their Q1 2025 earnings per share estimates for Deere & Company in a research note issued to investors on Monday, September 16th. Zacks Research analyst M. Das now anticipates that the industrial products company will post earnings per share of $4.07 for the quarter, down from their prior forecast of $4.08. The consensus estimate for Deere & Company’s current full-year earnings is $25.07 per share. Zacks Research also issued estimates for Deere & Company’s Q2 2025 earnings at $6.05 EPS, Q3 2025 earnings at $5.26 EPS, Q4 2025 earnings at $4.67 EPS, FY2025 earnings at $20.05 EPS, Q1 2026 earnings at $4.67 EPS, Q2 2026 earnings at $6.93 EPS, Q3 2026 earnings at $6.09 EPS and FY2026 earnings at $23.19 EPS.
A number of other equities research analysts also recently commented on the company. HSBC downgraded Deere & Company from a “buy” rating to a “hold” rating in a report on Monday, August 19th. JPMorgan Chase & Co. decreased their target price on Deere & Company from $375.00 to $360.00 and set a “neutral” rating for the company in a report on Tuesday, August 13th. Citigroup decreased their target price on Deere & Company from $395.00 to $370.00 and set a “neutral” rating for the company in a report on Tuesday, August 13th. Oppenheimer decreased their target price on Deere & Company from $465.00 to $448.00 and set an “outperform” rating for the company in a report on Monday, July 22nd. Finally, Evercore ISI lifted their target price on Deere & Company from $371.00 to $378.00 and gave the stock an “in-line” rating in a report on Monday, August 19th. Fourteen analysts have rated the stock with a hold rating and eight have assigned a buy rating to the company’s stock. According to MarketBeat.com, the company has an average rating of “Hold” and an average target price of $409.88.
Deere & Company Price Performance
Shares of NYSE DE opened at $405.89 on Thursday. The company has a debt-to-equity ratio of 1.85, a quick ratio of 1.87 and a current ratio of 2.07. The company has a market cap of $111.85 billion, a PE ratio of 12.22, a P/E/G ratio of 1.29 and a beta of 0.92. The business has a 50-day simple moving average of $376.24 and a two-hundred day simple moving average of $382.66. Deere & Company has a fifty-two week low of $340.20 and a fifty-two week high of $417.46.
Deere & Company (NYSE:DE – Get Free Report) last issued its quarterly earnings results on Thursday, August 15th. The industrial products company reported $6.29 earnings per share for the quarter, topping the consensus estimate of $5.63 by $0.66. The business had revenue of $11.39 billion during the quarter, compared to the consensus estimate of $10.94 billion. Deere & Company had a return on equity of 36.71% and a net margin of 14.69%. The company’s quarterly revenue was down 20.3% on a year-over-year basis. During the same quarter last year, the company earned $10.20 earnings per share.
Deere & Company Announces Dividend
The firm also recently disclosed a quarterly dividend, which will be paid on Friday, November 8th. Stockholders of record on Monday, September 30th will be given a $1.47 dividend. This represents a $5.88 dividend on an annualized basis and a dividend yield of 1.45%. The ex-dividend date of this dividend is Monday, September 30th. Deere & Company’s dividend payout ratio (DPR) is presently 17.70%.
Insider Activity
In other news, insider Cory J. Reed sold 13,370 shares of Deere & Company stock in a transaction that occurred on Monday, June 24th. The stock was sold at an average price of $377.63, for a total value of $5,048,913.10. Following the sale, the insider now directly owns 41,642 shares of the company’s stock, valued at $15,725,268.46. The sale was disclosed in a filing with the Securities & Exchange Commission, which is accessible through this hyperlink. Company insiders own 0.26% of the company’s stock.
Institutional Trading of Deere & Company
A number of institutional investors have recently made changes to their positions in the company. True Wealth Design LLC boosted its stake in Deere & Company by 1,180.0% during the fourth quarter. True Wealth Design LLC now owns 64 shares of the industrial products company’s stock worth $26,000 after buying an additional 59 shares during the last quarter. Fairscale Capital LLC acquired a new position in Deere & Company during the second quarter worth $26,000. Pineridge Advisors LLC boosted its stake in Deere & Company by 725.0% during the first quarter. Pineridge Advisors LLC now owns 66 shares of the industrial products company’s stock worth $27,000 after buying an additional 58 shares during the last quarter. Livelsberger Financial Advisory acquired a new position in Deere & Company during the fourth quarter worth $30,000. Finally, Spartan Planning & Wealth Management acquired a new position in Deere & Company during the fourth quarter worth $33,000. 68.58% of the stock is owned by institutional investors and hedge funds.
Deere & Company Company Profile
Deere & Company engages in the manufacture and distribution of various equipment worldwide. The company operates through four segments: Production and Precision Agriculture, Small Agriculture and Turf, Construction and Forestry, and Financial Services. The Production and Precision Agriculture segment provides large and medium tractors, combines, cotton pickers and strippers, sugarcane harvesters and loaders, harvesting front-end equipment, pull-behind scrapers, and tillage and seeding equipment, as well as application equipment, including sprayers and nutrient management, and soil preparation machinery for grain growers.
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