Zacks Research Cuts Earnings Estimates for Deere & Company

Deere & Company (NYSE:DE - Free Report) - Stock analysts at Zacks Research cut their Q4 2025 earnings per share estimates for shares of Deere & Company in a research report issued to clients and investors on Thursday, June 5th. Zacks Research analyst M. Das now expects that the industrial products company will post earnings of $4.31 per share for the quarter, down from their previous estimate of $4.62. The consensus estimate for Deere & Company's current full-year earnings is $19.32 per share. Zacks Research also issued estimates for Deere & Company's Q3 2026 earnings at $5.02 EPS, Q4 2026 earnings at $5.00 EPS, FY2026 earnings at $19.27 EPS and Q1 2027 earnings at $4.40 EPS.

A number of other analysts have also commented on the stock. Truist Financial lifted their target price on shares of Deere & Company from $546.00 to $619.00 and gave the stock a "buy" rating in a report on Friday, May 16th. BMO Capital Markets restated a "market perform" rating and issued a $460.00 price target (up from $425.00) on shares of Deere & Company in a research report on Wednesday, May 21st. Evercore ISI lifted their price objective on Deere & Company from $455.00 to $493.00 and gave the stock an "in-line" rating in a research note on Monday, May 19th. Baird R W lowered Deere & Company from a "strong-buy" rating to a "hold" rating in a research note on Monday, March 3rd. Finally, Bank of America raised their target price on Deere & Company from $495.00 to $556.00 and gave the stock a "neutral" rating in a report on Friday, May 16th. One investment analyst has rated the stock with a sell rating, twelve have given a hold rating, eight have issued a buy rating and one has issued a strong buy rating to the stock. Based on data from MarketBeat.com, the stock presently has a consensus rating of "Hold" and a consensus target price of $515.19.

Deere & Company Trading Up 1.7%

Shares of DE opened at $519.62 on Monday. The stock's fifty day simple moving average is $479.20 and its 200-day simple moving average is $466.58. The firm has a market capitalization of $140.73 billion, a PE ratio of 23.03, a price-to-earnings-growth ratio of 2.14 and a beta of 1.09. Deere & Company has a 12-month low of $340.20 and a 12-month high of $533.78. The company has a quick ratio of 1.98, a current ratio of 2.22 and a debt-to-equity ratio of 1.94.

Deere & Company (NYSE:DE - Get Free Report) last posted its quarterly earnings data on Thursday, May 15th. The industrial products company reported $6.64 earnings per share (EPS) for the quarter, topping the consensus estimate of $5.72 by $0.92. The firm had revenue of $11.17 billion for the quarter, compared to the consensus estimate of $10.80 billion. Deere & Company had a return on equity of 27.31% and a net margin of 12.94%. The business's revenue for the quarter was down 17.9% compared to the same quarter last year. During the same quarter in the prior year, the business earned $8.53 EPS.

Institutional Inflows and Outflows

Hedge funds have recently modified their holdings of the company. eCIO Inc. acquired a new position in Deere & Company during the first quarter worth $102,000. CBIZ Investment Advisory Services LLC boosted its stake in shares of Deere & Company by 20.8% during the 1st quarter. CBIZ Investment Advisory Services LLC now owns 128 shares of the industrial products company's stock worth $60,000 after buying an additional 22 shares during the last quarter. Modern Wealth Management LLC boosted its stake in shares of Deere & Company by 0.8% during the 1st quarter. Modern Wealth Management LLC now owns 3,833 shares of the industrial products company's stock worth $1,799,000 after buying an additional 29 shares during the last quarter. Jones Financial Companies Lllp grew its holdings in shares of Deere & Company by 28.8% in the 1st quarter. Jones Financial Companies Lllp now owns 173,049 shares of the industrial products company's stock valued at $80,687,000 after acquiring an additional 38,656 shares in the last quarter. Finally, Anderson Financial Strategies LLC increased its position in shares of Deere & Company by 55.6% in the first quarter. Anderson Financial Strategies LLC now owns 193 shares of the industrial products company's stock valued at $91,000 after acquiring an additional 69 shares during the last quarter. 68.58% of the stock is currently owned by institutional investors.

Deere & Company Dividend Announcement

The business also recently announced a quarterly dividend, which will be paid on Friday, August 8th. Investors of record on Monday, June 30th will be paid a $1.62 dividend. This represents a $6.48 dividend on an annualized basis and a yield of 1.25%. The ex-dividend date of this dividend is Monday, June 30th. Deere & Company's payout ratio is presently 31.35%.

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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