Deere & Company (DE) Projected to Post Earnings on Thursday

Deere & Company (NYSE:DE - Get Free Report) is anticipated to post its Q2 2025 quarterly earnings results before the market opens on Thursday, May 15th. Analysts expect Deere & Company to post earnings of $5.72 per share and revenue of $10.80 billion for the quarter.

Deere & Company (NYSE:DE - Get Free Report) last issued its quarterly earnings results on Thursday, February 13th. The industrial products company reported $3.19 EPS for the quarter, topping the consensus estimate of $3.14 by $0.05. Deere & Company had a net margin of 12.94% and a return on equity of 27.31%. On average, analysts expect Deere & Company to post $19 EPS for the current fiscal year and $22 EPS for the next fiscal year.

Deere & Company Stock Down 0.7 %

Shares of NYSE DE opened at $472.11 on Thursday. The company has a quick ratio of 1.98, a current ratio of 2.22 and a debt-to-equity ratio of 1.94. The stock has a market capitalization of $128.14 billion, a PE ratio of 20.93, a P/E/G ratio of 2.14 and a beta of 1.08. The firm has a fifty day moving average of $464.61 and a 200-day moving average of $449.75. Deere & Company has a 52-week low of $340.20 and a 52-week high of $515.05.

Deere & Company Dividend Announcement

The firm also recently announced a quarterly dividend, which will be paid on Thursday, May 8th. Investors of record on Monday, March 31st will be given a dividend of $1.62 per share. This represents a $6.48 dividend on an annualized basis and a yield of 1.37%. The ex-dividend date is Monday, March 31st. Deere & Company's dividend payout ratio (DPR) is presently 28.72%.

Analyst Upgrades and Downgrades

Several research analysts have commented on the company. Evercore ISI raised their price objective on Deere & Company from $437.00 to $455.00 and gave the company an "in-line" rating in a research report on Wednesday, February 19th. Citigroup decreased their price target on Deere & Company from $480.00 to $450.00 and set a "neutral" rating for the company in a report on Tuesday, April 8th. Robert W. Baird reiterated a "neutral" rating and set a $501.00 price objective on shares of Deere & Company in a research note on Monday, March 3rd. StockNews.com downgraded shares of Deere & Company from a "hold" rating to a "sell" rating in a research note on Sunday, April 6th. Finally, JPMorgan Chase & Co. lifted their price target 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. One analyst has rated the stock with a sell rating, thirteen have given a hold rating and eight have given a buy rating to the stock. According to MarketBeat, the company currently has an average rating of "Hold" and a consensus price target of $460.21.

Insider Activity at Deere & Company

In other news, insider Rajesh Kalathur sold 24,580 shares of the business's stock in a transaction on Tuesday, February 18th. The shares were sold at an average price of $500.61, for a total transaction of $12,304,993.80. Following the completion of the transaction, the insider now owns 74,878 shares of the company's stock, valued at approximately $37,484,675.58. The trade was a 24.71 % decrease in their ownership of the stock. The sale was disclosed in a legal filing with the SEC, which can be accessed through the SEC website. Insiders own 0.29% of the company's stock.

Hedge Funds Weigh In On Deere & Company

A hedge fund recently raised its stake in Deere & Company stock. Brighton Jones LLC grew its stake in Deere & Company (NYSE:DE - Free Report) by 39.1% in the 4th quarter, according to its most recent filing with the Securities and Exchange Commission (SEC). The fund owned 4,548 shares of the industrial products company's stock after purchasing an additional 1,278 shares during the period. Brighton Jones LLC's holdings in Deere & Company were worth $1,927,000 at the end of the most recent reporting period. Hedge funds and other institutional investors own 68.58% of the company's stock.

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.

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