Deere & Company (NYSE:DE) Price Target Raised to $640.00 at Barclays

Deere & Company (NYSE:DE) had its price objective boosted by Barclays from $530.00 to $640.00 in a research note issued to investors on Tuesday morning,MarketScreener reports. Barclays currently has an overweight rating on the industrial products company’s stock.

Several other equities research analysts also recently commented on the stock. Zacks Research raised shares of Deere & Company from a “strong sell” rating to a “hold” rating in a report on Wednesday, December 3rd. Oppenheimer reissued an “outperform” rating and issued a $715.00 price target on shares of Deere & Company in a research report on Friday, February 20th. Morgan Stanley upped their price target on shares of Deere & Company from $560.00 to $730.00 and gave the company an “overweight” rating in a research note on Monday, February 23rd. JPMorgan Chase & Co. cut their price objective on shares of Deere & Company from $480.00 to $460.00 and set a “neutral” rating for the company in a report on Friday, December 19th. Finally, Citigroup reduced their price objective on shares of Deere & Company from $675.00 to $625.00 and set a “neutral” rating for the company in a research note on Monday, March 9th. Sixteen research analysts have rated the stock with a Buy rating, eight have given a Hold rating and one has given a Sell rating to the company’s stock. Based on data from MarketBeat, Deere & Company presently has a consensus rating of “Moderate Buy” and an average target price of $655.70.

Deere & Company Stock Performance

Shares of DE traded up $0.91 during mid-day trading on Tuesday, hitting $564.21. The stock had a trading volume of 273,651 shares, compared to its average volume of 1,598,729. Deere & Company has a 52 week low of $404.42 and a 52 week high of $674.19. The company has a debt-to-equity ratio of 1.59, a current ratio of 2.21 and a quick ratio of 1.96. The business has a fifty day moving average price of $581.59 and a 200-day moving average price of $511.06. The firm has a market cap of $152.40 billion, a P/E ratio of 31.83, a PEG ratio of 1.94 and a beta of 0.96.

Deere & Company (NYSE:DE) last posted its quarterly earnings results on Thursday, February 19th. The industrial products company reported $2.42 earnings per share for the quarter, topping the consensus estimate of $1.90 by $0.52. Deere & Company had a return on equity of 18.93% and a net margin of 10.29%.The company had revenue of $9.61 billion during the quarter, compared to the consensus estimate of $7.50 billion. During the same quarter in the prior year, the company earned $3.19 EPS. The firm’s quarterly revenue was up 17.5% compared to the same quarter last year. On average, equities research analysts expect that Deere & Company will post 19.32 EPS for the current year.

Deere & Company Announces Dividend

The business also recently disclosed a quarterly dividend, which will be paid on Friday, May 8th. Investors of record on Tuesday, March 31st will be given a $1.62 dividend. This represents a $6.48 annualized dividend and a dividend yield of 1.1%. The ex-dividend date is Tuesday, March 31st. Deere & Company’s dividend payout ratio is 36.53%.

Insider Buying and Selling at Deere & Company

In related news, insider Cory J. Reed sold 12,000 shares of the stock in a transaction on Wednesday, January 14th. The stock was sold at an average price of $510.00, for a total value of $6,120,000.00. Following the transaction, the insider owned 20,792 shares of the company’s stock, valued at $10,603,920. This represents a 36.59% decrease in their ownership of the stock. The transaction was disclosed in a legal filing with the Securities & Exchange Commission, which is available through the SEC website. Also, CEO John C. May II sold 41,472 shares of the firm’s stock in a transaction dated Thursday, January 8th. The shares were sold at an average price of $501.49, for a total value of $20,797,793.28. Following the sale, the chief executive officer owned 117,970 shares in the company, valued at $59,160,775.30. The trade was a 26.01% decrease in their position. Additional details regarding this sale are available in the official SEC disclosure. Company insiders own 0.29% of the company’s stock.

Hedge Funds Weigh In On Deere & Company

A number of large investors have recently modified their holdings of DE. Cerro Pacific Wealth Advisors LLC boosted its stake in Deere & Company by 0.6% in 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 buying an additional 19 shares in the last quarter. Hazlett Burt & Watson Inc. raised its stake in shares of Deere & Company by 2.4% during the fourth quarter. Hazlett Burt & Watson Inc. now owns 816 shares of the industrial products company’s stock worth $379,000 after acquiring an additional 19 shares in the last quarter. Root Financial Partners LLC raised its stake in shares of Deere & Company by 2.2% during the fourth quarter. Root Financial Partners LLC now owns 880 shares of the industrial products company’s stock worth $410,000 after acquiring an additional 19 shares in the last quarter. Verdence Capital Advisors LLC lifted its holdings in shares of Deere & Company by 2.7% in the 4th quarter. Verdence Capital Advisors LLC now owns 773 shares of the industrial products company’s stock worth $360,000 after acquiring an additional 20 shares during the last quarter. Finally, Family Legacy Inc. lifted its holdings in shares of Deere & Company by 0.3% in the 4th quarter. Family Legacy Inc. now owns 7,894 shares of the industrial products company’s stock worth $3,675,000 after acquiring an additional 20 shares during the last quarter. 68.58% of the stock is owned by hedge funds and other institutional investors.

Key Deere & Company News

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

• Positive Sentiment: Opened a Central Texas testing facility to trial new farming tech — underscores Deere’s push into precision, autonomous and services-led growth that can expand aftermarket and software revenue. John Deere opens Central Texas facility to test new farming technology
• Positive Sentiment: Local Austin testing center story emphasizes product-readiness and farmer engagement — reinforces execution on R&D and rollout of precision solutions. John Deere’s Austin testing center brings new tech to farming
• Positive Sentiment: Coverage noting Deere’s precision-farming leadership and Russell 1000 inclusion highlights institutional visibility and demand from passive flows. Deere & Company (NYSE:DE) Drives Precision Farming In Russell 1000
• Positive Sentiment: Major-brand marketing boost: multi-year sponsorship with Major League Baseball increases brand reach across U.S. markets and supports consumer/municipal equipment demand and dealer awareness. JOHN DEERE PARTNERS WITH MAJOR LEAGUE BASEBALL
• Positive Sentiment: Investor interest stories flag Deere as a high-quality cyclical pick (including coverage linking the name to Bill Gates’ reported holdings), which can attract long-term institutional buyers. Is Deere (DE) a Top Stock Pick of Bill Gates in 2026?
• Positive Sentiment: Independent coverage also highlights Deere in high-net-worth/model portfolios, reinforcing retail and advisory interest. Is Deere (DE) a Top Stock Pick of Bill Gates in 2026?
• Positive Sentiment: Long-form bullish thesis argues Deere is positioned for a cyclical rebound with margin expansion in services and CF segments — supports a constructive medium-term earnings outlook. Deere Is Finally Receiving Winds Of Change
• Neutral Sentiment: Zacks notes DE is a trending stock among users — indicates attention but not a directional catalyst by itself. Here is What to Know Beyond Why Deere & Company (DE) is a Trending Stock
• Neutral Sentiment: MarketWatch: stock rose recently but still lags the broader market — mixed near-term performance signal that may weigh on short-term sentiment. Deere & Co. stock rises Tuesday, still underperforms market
• Negative Sentiment: Warning on fertilizer/input-cost pressure — higher input prices can reduce farmer margins and equipment demand, a clear downside risk to sales and margins. Deere: Fertilizer Prices Could Be The Straw That Breaks The Camel’s Back

Deere & Company Company Profile

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.