FY2026 EPS Estimates for Deere & Company Lifted by Analyst

Deere & Company (NYSE:DE) – Investment analysts at Erste Group Bank upped their FY2026 earnings per share estimates for shares of Deere & Company in a research report issued on Tuesday, March 24th. Erste Group Bank analyst S. Lingnau now forecasts that the industrial products company will post earnings of $17.67 per share for the year, up from their prior estimate of $17.63. The consensus estimate for Deere & Company’s current full-year earnings is $19.32 per share. Erste Group Bank also issued estimates for Deere & Company’s FY2027 earnings at $23.02 EPS.

DE has been the subject of a number of other reports. Robert W. Baird increased their price target on Deere & Company from $467.00 to $675.00 and gave the company a “neutral” rating in a research note on Friday, February 20th. Keefe, Bruyette & Woods reaffirmed an “outperform” rating on shares of Deere & Company in a research note on Monday, December 1st. Wall Street Zen upgraded Deere & Company from a “sell” rating to a “hold” rating in a research report on Saturday, February 7th. Argus raised their target price on shares of Deere & Company from $540.00 to $700.00 and gave the company a “buy” rating in a report on Tuesday, March 3rd. Finally, Citigroup reduced their price target on shares of Deere & Company from $675.00 to $625.00 and set a “neutral” rating on the stock in a research report on Monday, March 9th. Sixteen equities research analysts have rated the stock with a Buy rating, eight have assigned a Hold rating and one has issued a Sell rating to the company. According to MarketBeat.com, the company has a consensus rating of “Moderate Buy” and a consensus price target of $644.70.

Deere & Company Trading Down 2.5%

Shares of DE stock opened at $566.78 on Thursday. Deere & Company has a 12-month low of $404.42 and a 12-month high of $674.19. The company has a current ratio of 2.21, a quick ratio of 1.96 and a debt-to-equity ratio of 1.59. The stock’s 50-day moving average price is $579.69 and its 200-day moving average price is $509.35. The stock has a market capitalization of $153.09 billion, a price-to-earnings ratio of 31.95, a price-to-earnings-growth ratio of 2.03 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. The business had revenue of $9.61 billion during the quarter, compared to the consensus estimate of $7.50 billion. Deere & Company had a return on equity of 18.93% and a net margin of 10.29%.The firm’s revenue for the quarter was up 17.5% compared to the same quarter last year. During the same period in the prior year, the company posted $3.19 EPS.

Deere & Company Dividend Announcement

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

Insider Buying and Selling at Deere & Company

In other news, CEO John C. May II sold 41,472 shares of the stock in a transaction that occurred on Thursday, January 8th. The shares were sold at an average price of $501.49, for a total transaction of $20,797,793.28. Following the transaction, the chief executive officer directly owned 117,970 shares in the company, valued at approximately $59,160,775.30. This trade represents a 26.01% decrease in their ownership of the stock. The transaction was disclosed in a document filed with the Securities & Exchange Commission, which is accessible through this link. Also, insider Cory J. Reed sold 12,000 shares of Deere & Company stock in a transaction that occurred on Wednesday, January 14th. The shares were sold at an average price of $510.00, for a total transaction of $6,120,000.00. Following the transaction, the insider directly owned 20,792 shares in the company, valued at approximately $10,603,920. The trade was a 36.59% decrease in their ownership of the stock. The SEC filing for this sale provides additional information. 0.29% of the stock is currently owned by corporate insiders.

Hedge Funds Weigh In On Deere & Company

A number of large investors have recently made changes to their positions in the business. Strategic Advocates LLC purchased a new position in shares of Deere & Company in the 3rd quarter valued at approximately $25,000. Howard Hughes Medical Institute purchased a new stake in Deere & Company during the 2nd quarter worth approximately $27,000. Key Capital Management INC purchased a new stake in Deere & Company during the 4th quarter worth approximately $27,000. Timmons Wealth Management LLC acquired a new position in Deere & Company during the 4th quarter valued at approximately $29,000. Finally, Activest Wealth Management increased its stake in Deere & Company by 69.2% during the 3rd quarter. Activest Wealth Management now owns 66 shares of the industrial products company’s stock valued at $30,000 after purchasing an additional 27 shares in the last quarter. 68.58% of the stock is owned by institutional investors and hedge funds.

Key Deere & Company News

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

• Positive Sentiment: Erste Group raised its FY2026 and FY2027 EPS estimates for Deere, signaling stronger-than-expected profit outlook that can support valuation and analyst confidence. Erste Group Raises Estimates (MarketBeat)
• Positive Sentiment: John Deere announced a strategic manufacturing partnership with Tarter USA to produce American-made Flex Wing Rotary Cutters under the Frontier brand — a product/production tie-up that can strengthen aftermarket sales and U.S. supply resilience. John Deere and Tarter USA Announce Strategic Partnership
• Positive Sentiment: Jim Cramer included Deere among his top robotics and physical-AI stock picks, a visibility boost that can attract momentum buying from retail and thematic investors. Jim Cramer’s Hottest Robotics and Physical AI Stock Picks
• Positive Sentiment: Technical commentary revisiting Deere flagged bullish setups and buying opportunities after recent price action and earnings responses — a short-term positive for traders. Revisiting Former Stock Picks (Barron’s)
• Neutral Sentiment: Analysts and write-ups note farm income headwinds per USDA data could pressure ag equipment demand, but Deere’s rising construction exposure and management’s higher FY26 guidance may offset some ag weakness — a mixed fundamental picture to watch. Will USDA’s Farm Income Decline Reflect on Deere’s Margin in FY26? (Zacks)
• Neutral Sentiment: Coverage such as Seeking Alpha describes Deere as outperforming broader markets but “fairly valued,” implying limited upside unless earnings forecasts accelerate. Deere & Company: Outrunning Broader Markets (Seeking Alpha)
• Neutral Sentiment: Note: an article about Decisive Dividend Corporation (CVE:DE) appearing in feeds refers to a different ticker (CVE:DE) and is not related to Deere & Company (NYSE:DE). Investors should not confuse the two. Decisive Dividend Corporation Ex-Dividend (Yahoo)
• Negative Sentiment: Barron’s published a cautionary piece arguing Deere and other industrials are expensive and recommending alternatives, a headline that can trigger profit-taking or weigh on valuation sentiment. Avoid Deere and Other Expensive Industrial Stocks (Barron’s)

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.