Deere & Company (NYSE:DE) Given Consensus Recommendation of "Moderate Buy" by Brokerages

Key Points

• Deere & Company has a consensus analyst rating of “Moderate Buy” from 24 covering analysts, with an average 12-month price target of about $638.08.
• The company recently reported strong quarterly results, posting $6.55 EPS versus estimates of $5.70 and revenue of $13.37 billion, both ahead of expectations.
• Deere also announced a quarterly dividend of $1.62 per share, while investors continue to weigh positive demand trends in construction and small-ag equipment against concerns about margin pressure and softer agricultural conditions.

Deere & Company (NYSE:DE - Get Free Report) has earned a consensus recommendation of "Moderate Buy" from the twenty-four analysts that are presently covering the stock, Marketbeat reports. Nine investment analysts have rated the stock with a hold recommendation and fifteen have given a buy recommendation to the company. The average twelve-month target price among analysts that have covered the stock in the last year is $638.0750.

Several analysts have weighed in on the company. JPMorgan Chase & Co. upped their target price on Deere & Company from $550.00 to $560.00 and gave the company a "neutral" rating in a report on Friday, May 22nd. UBS Group lifted their price target on Deere & Company from $535.00 to $775.00 and gave the stock a "buy" rating in a research note on Friday, February 20th. Citigroup decreased their price objective on shares of Deere & Company from $625.00 to $595.00 and set a "neutral" rating on the stock in a research report on Friday, May 22nd. Jefferies Financial Group raised shares of Deere & Company from an "underperform" rating to a "hold" rating and set a $550.00 price objective on the stock in a research note on Wednesday, April 8th. Finally, DA Davidson dropped their target price on shares of Deere & Company from $775.00 to $685.00 and set a "buy" rating for the company in a report on Friday, May 22nd.

Trending Headlines about Deere & Company

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

Deere & Company Price Performance

Shares of NYSE:DE opened at $539.02 on Friday. The firm has a market capitalization of $145.59 billion, a price-to-earnings ratio of 30.54, a price-to-earnings-growth ratio of 1.96 and a beta of 0.96. The company has a debt-to-equity ratio of 1.54, a current ratio of 2.18 and a quick ratio of 1.95. The business's 50 day simple moving average is $572.85 and its 200-day simple moving average is $542.07. Deere & Company has a 12 month low of $433.00 and a 12 month high of $674.19.

Deere & Company (NYSE:DE - Get Free Report) last released its quarterly earnings data on Thursday, May 21st. The industrial products company reported $6.55 earnings per share for the quarter, beating the consensus estimate of $5.70 by $0.85. The firm had revenue of $13.37 billion during the quarter, compared to the consensus estimate of $11.55 billion. Deere & Company had a return on equity of 18.25% and a net margin of 10.09%.Deere & Company's quarterly revenue was up 5.4% on a year-over-year basis. During the same period last year, the business posted $6.64 EPS. As a group, equities analysts forecast that Deere & Company will post 18.08 earnings per share for the current fiscal year.

Deere & Company Dividend Announcement

The firm also recently declared a quarterly dividend, which will be paid on Monday, August 10th. Stockholders of record on Tuesday, June 30th will be given a $1.62 dividend. The ex-dividend date is Tuesday, June 30th. This represents a $6.48 annualized dividend and a dividend yield of 1.2%. Deere & Company's dividend payout ratio is currently 36.71%.

Institutional Inflows and Outflows

Several institutional investors have recently modified their holdings of DE. Lavelle Capital LP purchased a new stake in Deere & Company in the 1st quarter valued at approximately $218,000. Allen Capital Group LLC grew its holdings in Deere & Company by 3.7% during the 1st quarter. Allen Capital Group LLC now owns 14,566 shares of the industrial products company's stock valued at $8,205,000 after buying an additional 513 shares during the last quarter. Glenmede Trust Co. NA increased its position in Deere & Company by 1.1% during the first quarter. Glenmede Trust Co. NA now owns 31,080 shares of the industrial products company's stock worth $17,507,000 after buying an additional 353 shares in the last quarter. Summit Financial Wealth Advisors LLC increased its position in Deere & Company by 8.8% during the first quarter. Summit Financial Wealth Advisors LLC now owns 1,451 shares of the industrial products company's stock worth $817,000 after buying an additional 117 shares in the last quarter. Finally, Axiom Investment Management LLC acquired a new position in shares of Deere & Company in the first quarter worth $46,000. 68.58% of the stock is currently owned by institutional investors and hedge funds.

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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