Shares of Deere & Company (NYSE:DE – Get Free Report) have been given an average rating of “Moderate Buy” by the twenty-four brokerages that are currently covering the firm, MarketBeat reports. Nine equities research analysts have rated the stock with a hold recommendation and fifteen have given a buy recommendation to the company. The average 12 month target price among brokers that have updated their coverage on the stock in the last year is $638.0750.
A number of brokerages recently issued reports on DE. Wolfe Research raised their target price on shares of Deere & Company from $550.00 to $660.00 and gave the stock an “outperform” rating in a research report on Tuesday, March 31st. BMO Capital Markets boosted their price target on Deere & Company from $460.00 to $500.00 and gave the company a “market perform” rating in a report on Friday, February 20th. Barclays increased their target price on shares of Deere & Company from $530.00 to $640.00 and gave the stock an “overweight” rating in a research report on Tuesday, March 31st. Robert W. Baird dropped their price objective on shares of Deere & Company from $580.00 to $525.00 and set a “neutral” rating for the company in a research report on Friday, May 22nd. Finally, Royal Bank Of Canada raised their target price on shares of Deere & Company from $736.00 to $752.00 and gave the company an “outperform” rating in a research note on Tuesday.
Read Our Latest Stock Report on Deere & Company
Deere & Company Price Performance
Deere & Company (NYSE:DE – Get Free Report) last issued its quarterly earnings results on Thursday, May 21st. The industrial products company reported $6.55 EPS for the quarter, topping analysts’ consensus estimates of $5.70 by $0.85. The business had revenue of $13.37 billion during the quarter, compared to the consensus estimate of $11.55 billion. Deere & Company had a net margin of 10.09% and a return on equity of 18.25%. The company’s quarterly revenue was up 5.4% compared to the same quarter last year. During the same period in the previous year, the firm posted $6.64 earnings per share. Research analysts expect that Deere & Company will post 18.08 EPS for the current year.
Deere & Company Dividend Announcement
The business also recently declared a quarterly dividend, which will be paid on Monday, August 10th. Investors of record on Tuesday, June 30th will be issued a $1.62 dividend. This represents a $6.48 annualized dividend and a yield of 1.2%. The ex-dividend date is Tuesday, June 30th. Deere & Company’s dividend payout ratio is currently 36.71%.
More Deere & Company News
Here are the key news stories impacting Deere & Company this week:
- Positive Sentiment: Deere announced a quarterly dividend of $1.62 per share, reinforcing its return-of-capital story for income-focused investors and signaling continued confidence in cash generation. Deere & Company Announces Quarterly Dividend
- Positive Sentiment: An analyst note said Deere still looks attractive because construction demand and small-ag equipment demand remain strong, helping support the company despite a tougher agricultural backdrop. 5 Must-Read Analyst Questions From Deere’s Q1 Earnings Call
- Neutral Sentiment: Deere continues to be a widely watched stock, with market commentary focused on what comes next after a strong earnings report and recent pullback. Here is What to Know Beyond Why Deere & Company (DE) is a Trending Stock
- Neutral Sentiment: Deere was also recognized indirectly through supplier news, with Thoughtworks named a partner-level supplier in Deere’s Achieving Excellence program, highlighting ongoing operational relationships rather than a direct business catalyst. Thoughtworks Recognized as John Deere Partner-Level Supplier in 2026 Achieving Excellence Program
- Negative Sentiment: Investors remain worried about margin pressure in large agriculture equipment, elevated production costs, and tariff-related noise, which helped drive a negative reaction despite Deere’s earnings beat. 5 Must-Read Analyst Questions From Deere’s Q1 Earnings Call
- Negative Sentiment: Recent market commentary also points to fading stock momentum and softer agricultural conditions, suggesting investors are becoming more cautious about Deere’s near-term outlook. Deere’s Stock Momentum Drops Amid Agricultural Weakness And Fertilizer Cost Pressures From Iran War
Institutional Investors Weigh In On Deere & Company
Several hedge funds and other institutional investors have recently modified their holdings of the stock. Strategic Advocates LLC bought a new stake in Deere & Company in the third quarter valued at about $25,000. Key Capital Management INC bought a new position in Deere & Company during the 4th quarter worth approximately $27,000. Timmons Wealth Management LLC acquired a new position in shares of Deere & Company in the 4th quarter worth approximately $29,000. Activest Wealth Management grew its position in shares of Deere & Company by 69.2% in the 3rd quarter. Activest Wealth Management now owns 66 shares of the industrial products company’s stock worth $30,000 after acquiring an additional 27 shares in the last quarter. Finally, McIlrath & Eck LLC bought a new stake in shares of Deere & Company in the 4th quarter valued at approximately $30,000. Institutional investors own 68.58% of the company’s stock.
About Deere & Company
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.
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