Deere & Company (NYSE:DE) Receives Average Rating of "Moderate Buy" from Analysts

Key Points

• Analyst consensus: 25 analysts rate Deere & Company an average "Moderate Buy" (16 buys, 9 holds) with a 12‑month average price target of $655.45.
• Quarterly results beat: Deere reported EPS of $2.42 vs. $1.90 expected and revenue of $9.61 billion vs. $7.50 billion, with revenue up 17.5% year‑over‑year and analysts projecting ~18.01 EPS for the current year.
• Dividend and valuation: the company declared a $1.62 quarterly dividend (annualized $6.48, yield ~1.1%, payout ratio ~36.5%), and the stock trades around $578 with a market cap of $156.2B and a PE of 32.6.

Deere & Company (NYSE:DE - Get Free Report) has been given an average rating of "Moderate Buy" by the twenty-five analysts that are covering the stock, Marketbeat Ratings reports. Nine investment analysts have rated the stock with a hold recommendation and sixteen have given a buy recommendation to the company. The average twelve-month price objective among brokers that have updated their coverage on the stock in the last year is $655.45.

A number of research firms have commented on DE. Wall Street Zen upgraded Deere & Company from a "sell" rating to a "hold" rating in a research report on Saturday, February 7th. Sanford C. Bernstein upped their price target on Deere & Company from $521.00 to $615.00 and gave the company a "market perform" rating in a research report on Friday, February 20th. Bank of America upped their price target on Deere & Company from $502.00 to $672.00 and gave the company a "neutral" rating in a research report on Friday, February 20th. Royal Bank Of Canada upped their price target on Deere & Company from $541.00 to $736.00 and gave the company an "outperform" rating in a research report on Friday, February 20th. Finally, BMO Capital Markets upped their price target on Deere & Company from $460.00 to $500.00 and gave the company a "market perform" rating in a research report on Friday, February 20th.

Deere & Company Trading Up 0.2%

NYSE DE opened at $578.26 on Monday. The business's 50-day moving average price is $590.37 and its two-hundred day moving average price is $530.04. Deere & Company has a 12 month low of $433.00 and a 12 month high of $674.19. The firm has a market capitalization of $156.19 billion, a PE ratio of 32.60, a price-to-earnings-growth ratio of 2.01 and a beta of 0.96. The company has a current ratio of 2.21, a quick ratio of 1.96 and a debt-to-equity ratio of 1.59.

Deere & Company (NYSE:DE - Get Free Report) last released its quarterly earnings results on Thursday, February 19th. The industrial products company reported $2.42 EPS for the quarter, beating 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 in the previous year, the company posted $3.19 EPS. The business's revenue was up 17.5% on a year-over-year basis. On average, analysts expect that Deere & Company will post 18.01 EPS for the current year.

Deere & Company Dividend Announcement

The firm also recently disclosed a quarterly dividend, which will be paid on Friday, May 8th. Stockholders of record on Tuesday, March 31st will be paid 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 payout ratio is currently 36.53%.

Trending Headlines about Deere & Company

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

• Positive Sentiment: Board names Brent Norwood as CFO (internal hire), providing continuity after a formal internal/external search — this should reduce transition risk and supports financial execution. Deere & Company Board Elects Brent Norwood as Chief Financial Officer
• Neutral Sentiment: Sector/compiler commentary: a Trefis piece highlights Caterpillar’s valuation shift (higher multiple driven by AI/data-center demand), which can reframe investor comparisons within large-cap equipment names and encourage rotation or relative re-rating away from traditional ag-equipment plays like Deere. Has CAT Stock Run Ahead Of Its Valuation?
• Neutral Sentiment: Market note reporting intraday weakness: coverage pieces (Zacks) flagged that Deere shares slid while the broader market rose, signaling stock-specific profit-taking or repositioning by traders rather than a broad sector sell-off. Deere (DE) Stock Slides as Market Rises: Facts to Know Before You Trade
• Negative Sentiment: Analyst tweak: Erste Group slightly cut its FY2027 EPS forecast for Deere (a marginal reduction), which may have nudged sentiment downward given the stock’s rich multiples and recent strong performance — even small estimate reductions can trigger selling in high-PE industrial names. Erste trims FY2027 estimate for Deere

Institutional Inflows and Outflows

A number of hedge funds and other institutional investors have recently made changes to their positions in the business. LGT Fund Management Co Ltd. lifted its stake in shares of Deere & Company by 25.4% in the 1st quarter. LGT Fund Management Co Ltd. now owns 1,630 shares of the industrial products company's stock valued at $918,000 after purchasing an additional 330 shares during the period. Global Assets Advisory LLC acquired a new position in shares of Deere & Company in the 1st quarter valued at about $60,000. Diversify Wealth Management LLC acquired a new position in shares of Deere & Company in the 1st quarter valued at about $1,582,000. Commonwealth of Pennsylvania Public School Empls Retrmt SYS lifted its stake in shares of Deere & Company by 0.4% in the 1st quarter. Commonwealth of Pennsylvania Public School Empls Retrmt SYS now owns 58,725 shares of the industrial products company's stock valued at $33,080,000 after purchasing an additional 247 shares during the period. Finally, Fifth Third Bancorp lifted its stake in shares of Deere & Company by 17.0% in the 1st quarter. Fifth Third Bancorp now owns 267,308 shares of the industrial products company's stock valued at $150,575,000 after purchasing an additional 38,910 shares during the period. 68.58% of the stock is owned by institutional investors and hedge funds.

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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