Deere & Company (NYSE:DE) Given Average Recommendation of "Moderate Buy" by Analysts

Key Points

• Analyst consensus: Deere has an average rating of "Moderate Buy" from 25 brokers (16 buys, 9 holds) with a 12‑month average target of $650.95, and several firms recently raised targets (Argus $700, RBC $736, Oppenheimer $715).
• $99 million settlement: Deere agreed to a $99M settlement in multidistrict "right to repair" litigation with a 10‑year commitment to provide diagnostic tools and no finding of wrongdoing, removing a key legal overhang but potentially pressuring aftermarket/service margins long term.
• Strong quarterly results: Deere beat estimates with EPS of $2.42 vs. $1.90 expected and revenue of $9.61B (up 17.5% YoY), and it recently declared a $1.62 quarterly dividend ($6.48 annual, ~1.1% yield).

Shares of Deere & Company (NYSE:DE - Get Free Report) have earned an average rating of "Moderate Buy" from the twenty-five brokerages that are presently covering the firm, MarketBeat reports. Nine investment analysts have rated the stock with a hold rating and sixteen have issued a buy rating on the company. The average twelve-month target price among brokerages that have issued a report on the stock in the last year is $650.95.

A number of research firms have commented on DE. Argus raised their price objective on Deere & Company from $540.00 to $700.00 and gave the stock a "buy" rating in a research note on Tuesday, March 3rd. Sanford C. Bernstein raised their price objective on Deere & Company from $521.00 to $615.00 and gave the stock a "market perform" rating in a research note on Friday, February 20th. Royal Bank Of Canada raised their price objective on Deere & Company from $541.00 to $736.00 and gave the stock an "outperform" rating in a research note on Friday, February 20th. Oppenheimer restated an "outperform" rating and set a $715.00 price objective on shares of Deere & Company in a research note on Friday, February 20th. Finally, Barclays raised their target price on Deere & Company from $530.00 to $640.00 and gave the company an "overweight" rating in a report on Tuesday, March 31st.

Deere & Company News Summary

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

• Positive Sentiment: Deere agreed to a $99 million settlement that resolves multidistrict "right to repair" litigation, includes a 10‑year commitment to provide farmers and independent repairers with diagnostic tools and resources, and was announced as having no finding of wrongdoing — removing a major legal overhang. Deere & Company Reaches Settlement in Repair Services Antitrust Litigation
• Positive Sentiment: Jefferies upgraded DE from Underperform to Hold, saying the recent ~15% pullback has improved the stock's risk/reward and sees limited downside — a notable vote of confidence from an influential sell‑side voice. Jefferies sees limited downside for Deere after 15% pullback, upgrades to Hold
• Positive Sentiment: Analysts and brokers have been revising views upward: Erste Group nudged FY2026/FY2027 EPS estimates higher, and other analysts posted upgrades today — supporting a more constructive earnings outlook. MarketBeat report on analyst estimate changes
• Neutral Sentiment: Valuation and peer comparisons (AGCO vs DE) are receiving attention: several pieces examine whether Deere is still a better-value or core industry holding versus peers, which keeps the focus on relative valuation rather than a single catalyst. AGCO vs. DE: Which Stock Is the Better Value Option?
• Neutral Sentiment: Coverage asking "Is it too late to buy DE?" and other valuation pieces keep mixed investor views prominent — healthy stock performance YTD but questions on whether gains are priced in. Is It Too Late To Consider Deere (DE) After Strong Multi Year Share Price Gains?
• Negative Sentiment: Although the settlement removes litigation risk, the $99M fund and the 10‑year repair commitments could reshape Deere's aftermarket economics and service margins long term; some coverage flags continuing regulatory scrutiny (FTC matters noted in industry coverage). These structural implications could pressure high‑margin service revenue in future years. John Deere settles right-to-repair lawsuit for $99 million

Insider Buying and Selling at Deere & Company

In other Deere & Company news, insider Cory J. Reed sold 12,000 shares of the firm's 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 sale, the insider owned 20,792 shares of the company's stock, valued at approximately $10,603,920. This trade represents a 36.59% decrease in their position. The sale was disclosed in a document filed with the SEC, which can be accessed through the SEC website. Corporate insiders own 0.29% of the company's stock.

Institutional Investors Weigh In On Deere & Company

A number of large investors have recently modified their holdings of DE. Strategic Advocates LLC acquired a new stake in shares of Deere & Company in the 3rd quarter valued at $25,000. Key Capital Management INC acquired a new stake in shares of Deere & Company in the 4th quarter valued at $27,000. Timmons Wealth Management LLC acquired a new stake in shares of Deere & Company in the 4th quarter valued at $29,000. Activest Wealth Management boosted its holdings 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 valued at $30,000 after purchasing an additional 27 shares in the last quarter. Finally, McIlrath & Eck LLC acquired a new stake in shares of Deere & Company during the 4th quarter valued at $30,000. Institutional investors and hedge funds own 68.58% of the company's stock.

Deere & Company Price Performance

Deere & Company stock opened at $609.20 on Thursday. The stock's fifty day moving average price is $588.68 and its two-hundred day moving average price is $515.38. Deere & Company has a one year low of $404.42 and a one year 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 firm has a market cap of $164.55 billion, a PE ratio of 34.34, a price-to-earnings-growth ratio of 2.01 and a beta of 0.98.

Deere & Company (NYSE:DE - Get Free Report) last posted its quarterly earnings data on Thursday, February 19th. The industrial products company reported $2.42 EPS for the quarter, topping analysts' consensus estimates of $1.90 by $0.52. Deere & Company had a return on equity of 18.93% and a net margin of 10.29%.The firm had revenue of $9.61 billion for the quarter, compared to analyst estimates of $7.50 billion. During the same quarter last year, the company earned $3.19 EPS. The company's revenue was up 17.5% on a year-over-year basis. As a group, research analysts expect that Deere & Company will post 19.32 EPS for the current fiscal year.

Deere & Company Dividend Announcement

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

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.

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