Q2 EPS Estimates for Deere & Company Lifted by Analyst

Deere & Company (NYSE:DE) – Investment analysts at Zacks Research lifted their Q2 2026 earnings estimates for Deere & Company in a report issued on Thursday, April 10th. Zacks Research analyst M. Das now forecasts that the industrial products company will post earnings of $5.74 per share for the quarter, up from their previous estimate of $5.73. The consensus estimate for Deere & Company’s current full-year earnings is $19.32 per share.

Deere & Company (NYSE:DE) last issued its quarterly earnings results on Thursday, February 13th. The industrial products company reported $3.19 earnings per share (EPS) for the quarter, topping analysts’ consensus estimates of $3.14 by $0.05. Deere & Company had a return on equity of 27.31% and a net margin of 12.94%.

Several other analysts also recently issued reports on DE. JPMorgan Chase & Co. raised their price objective on shares of Deere & Company from $470.00 to $500.00 and gave the stock a “neutral” rating in a research note on Monday, February 10th. Baird R W downgraded Deere & Company from a “strong-buy” rating to a “hold” rating in a report on Monday, March 3rd. UBS Group dropped their price objective on Deere & Company from $462.00 to $440.00 and set a “neutral” rating for the company in a report on Monday, April 7th. Truist Financial reiterated a “buy” rating and issued a $546.00 target price (down previously from $550.00) on shares of Deere & Company in a research note on Friday, February 14th. Finally, StockNews.com lowered shares of Deere & Company from a “hold” rating to a “sell” rating in a research note on Sunday, April 6th. One investment analyst has rated the stock with a sell rating, thirteen have assigned a hold rating and eight have given a buy rating to the company’s stock. According to MarketBeat, the stock currently has a consensus rating of “Hold” and an average target price of $457.26.

Deere & Company Trading Down 1.4 %

Shares of DE opened at $461.31 on Monday. The company’s fifty day simple moving average is $470.85 and its 200-day simple moving average is $443.98. The company has a market cap of $125.21 billion, a P/E ratio of 20.45, a P/E/G ratio of 2.14 and a beta of 1.00. The company has a current ratio of 2.22, a quick ratio of 1.98 and a debt-to-equity ratio of 1.94. Deere & Company has a twelve month low of $340.20 and a twelve month high of $515.05.

Institutional Trading of Deere & Company

Hedge funds have recently modified their holdings of the company. Price T Rowe Associates Inc. MD raised its stake in shares of Deere & Company by 19.9% during the 4th quarter. Price T Rowe Associates Inc. MD now owns 6,589,760 shares of the industrial products company’s stock worth $2,792,082,000 after acquiring an additional 1,095,736 shares in the last quarter. Capital World Investors grew its holdings in Deere & Company by 2.7% in the fourth quarter. Capital World Investors now owns 6,058,259 shares of the industrial products company’s stock worth $2,566,884,000 after purchasing an additional 157,224 shares during the last quarter. FMR LLC increased its position in shares of Deere & Company by 22.9% during the fourth quarter. FMR LLC now owns 5,581,408 shares of the industrial products company’s stock worth $2,364,843,000 after purchasing an additional 1,039,395 shares in the last quarter. Geode Capital Management LLC lifted its holdings in shares of Deere & Company by 1.9% during the 4th quarter. Geode Capital Management LLC now owns 5,305,571 shares of the industrial products company’s stock valued at $2,247,216,000 after purchasing an additional 97,203 shares during the last quarter. Finally, Norges Bank acquired a new stake in shares of Deere & Company in the 4th quarter worth $1,244,094,000. 68.58% of the stock is owned by hedge funds and other institutional investors.

Insider Buying and Selling at Deere & Company

In related news, insider Rajesh Kalathur sold 24,580 shares of the firm’s stock in a transaction dated Tuesday, February 18th. The stock was sold at an average price of $500.61, for a total transaction of $12,304,993.80. Following the sale, the insider now owns 74,878 shares of the company’s stock, valued at $37,484,675.58. This trade represents a 24.71 % decrease in their ownership of the stock. The sale was disclosed in a document filed with the Securities & Exchange Commission, which is available through this link. Insiders own 0.29% of the company’s stock.

Deere & Company Dividend Announcement

The business also recently announced a quarterly dividend, which will be paid on Thursday, May 8th. Shareholders of record on Monday, March 31st will be issued a dividend of $1.62 per share. The ex-dividend date is Monday, March 31st. This represents a $6.48 dividend on an annualized basis and a yield of 1.40%. Deere & Company’s dividend payout ratio is currently 28.72%.

Deere & Company Company Profile

Deere & Co engages in the manufacture and distribution of equipment used in agriculture, construction, forestry, and turf care. It operates through the following segments: Agriculture and Turf, Construction and Forestry, and Financial Services. The Agriculture and Turf segment focuses on the distribution and manufacture of a full line of agriculture and turf equipment and related service parts.