Deere & Company (NYSE:DE – Free Report) – Stock analysts at DA Davidson issued their Q1 2025 EPS estimates for shares of Deere & Company in a research note issued on Monday, November 25th. DA Davidson analyst M. Shlisky expects that the industrial products company will earn $3.27 per share for the quarter. The consensus estimate for Deere & Company’s current full-year earnings is $21.31 per share. DA Davidson also issued estimates for Deere & Company’s FY2026 earnings at $21.88 EPS.
DE has been the subject of several other reports. Citigroup lifted their target price on Deere & Company from $395.00 to $420.00 and gave the company a “neutral” rating in a research note on Wednesday, October 9th. Barclays lifted their price objective on Deere & Company from $400.00 to $475.00 and gave the stock an “overweight” rating in a research report on Friday. HSBC lowered shares of Deere & Company from a “buy” rating to a “hold” rating in a research note on Monday, August 19th. UBS Group lifted their price target on shares of Deere & Company from $404.00 to $462.00 and gave the stock a “neutral” rating in a research report on Friday. Finally, Deutsche Bank Aktiengesellschaft cut their price objective on shares of Deere & Company from $402.00 to $389.00 and set a “hold” rating on the stock in a report on Thursday, August 8th. Thirteen analysts have rated the stock with a hold rating and nine have given a buy rating to the stock. According to data from MarketBeat, Deere & Company currently has a consensus rating of “Hold” and a consensus price target of $433.00.
Deere & Company Stock Performance
DE stock opened at $462.81 on Tuesday. The company has a 50 day moving average price of $408.35 and a 200 day moving average price of $386.60. Deere & Company has a fifty-two week low of $340.20 and a fifty-two week high of $469.39. The company has a debt-to-equity ratio of 1.89, a current ratio of 2.09 and a quick ratio of 1.90. The stock has a market capitalization of $126.62 billion, a PE ratio of 18.08, a price-to-earnings-growth ratio of 1.75 and a beta of 0.93.
Deere & Company (NYSE:DE – Get Free Report) last announced its earnings results on Thursday, November 21st. The industrial products company reported $4.55 earnings per share for the quarter, topping analysts’ consensus estimates of $3.90 by $0.65. The company had revenue of $9.28 billion during the quarter, compared to the consensus estimate of $9.20 billion. Deere & Company had a net margin of 13.73% and a return on equity of 31.32%. The company’s revenue was down 32.8% on a year-over-year basis. During the same period in the previous year, the firm posted $8.26 earnings per share.
Deere & Company Announces Dividend
The firm also recently announced a quarterly dividend, which was paid on Friday, November 8th. Investors of record on Monday, September 30th were paid a dividend of $1.47 per share. The ex-dividend date of this dividend was Monday, September 30th. This represents a $5.88 dividend on an annualized basis and a yield of 1.27%. Deere & Company’s payout ratio is 22.97%.
Institutional Inflows and Outflows
A number of institutional investors have recently bought and sold shares of the stock. Fairscale Capital LLC acquired a new stake in shares of Deere & Company during the second quarter worth $26,000. Pineridge Advisors LLC raised its stake in shares of Deere & Company by 725.0% in the 1st quarter. Pineridge Advisors LLC now owns 66 shares of the industrial products company’s stock valued at $27,000 after purchasing an additional 58 shares during the period. Livelsberger Financial Advisory bought a new stake in shares of Deere & Company in the third quarter valued at about $32,000. Olistico Wealth LLC acquired a new position in shares of Deere & Company during the second quarter worth about $37,000. Finally, Centennial Bank AR grew its holdings in shares of Deere & Company by 420.0% during the second quarter. Centennial Bank AR now owns 104 shares of the industrial products company’s stock worth $39,000 after buying an additional 84 shares in the last quarter. Institutional investors own 68.58% of the company’s stock.
About Deere & Company
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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