Zacks Research Expects Stronger Earnings for Deere & Company

Deere & Company (NYSE:DE) – Equities researchers at Zacks Research upped their FY2025 earnings estimates for shares of Deere & Company in a research report issued to clients and investors on Tuesday, January 28th. Zacks Research analyst M. Das now forecasts that the industrial products company will post earnings per share of $18.76 for the year, up from their prior forecast of $18.73. The consensus estimate for Deere & Company’s current full-year earnings is $19.38 per share. Zacks Research also issued estimates for Deere & Company’s Q4 2025 earnings at $4.65 EPS, Q1 2026 earnings at $4.14 EPS, Q2 2026 earnings at $6.23 EPS, Q3 2026 earnings at $5.69 EPS, Q4 2026 earnings at $5.25 EPS and FY2026 earnings at $21.31 EPS.

A number of other research firms also recently weighed in on DE. Oppenheimer increased their target price on shares of Deere & Company from $477.00 to $507.00 and gave the company an “outperform” rating in a research report on Tuesday. Truist Financial lifted their target price on shares of Deere & Company from $538.00 to $550.00 and gave the stock a “buy” rating in a research note on Thursday, December 19th. UBS Group increased their price target on Deere & Company from $404.00 to $462.00 and gave the stock a “neutral” rating in a report on Friday, November 22nd. Barclays lifted their price target on shares of Deere & Company from $400.00 to $475.00 and gave the company an “overweight” rating in a research note on Friday, November 22nd. Finally, Jefferies Financial Group lowered shares of Deere & Company from a “buy” rating to a “hold” rating and set a $510.00 price target for the company. in a research note on Friday, December 6th. Eleven analysts have rated the stock with a hold rating and nine have issued a buy rating to the stock. According to data from MarketBeat.com, Deere & Company currently has an average rating of “Hold” and a consensus target price of $444.50.

Deere & Company Price Performance

Shares of DE opened at $479.91 on Friday. The business has a 50-day moving average of $443.22 and a 200-day moving average of $408.60. The company has a debt-to-equity ratio of 1.89, a current ratio of 2.09 and a quick ratio of 1.90. The company has a market capitalization of $130.70 billion, a price-to-earnings ratio of 18.75, a price-to-earnings-growth ratio of 2.95 and a beta of 0.98. Deere & Company has a 1 year low of $340.20 and a 1 year high of $485.84.

Deere & Company (NYSE:DE) last issued its quarterly earnings data on Thursday, November 21st. The industrial products company reported $4.55 earnings per share for the quarter, topping the consensus estimate of $3.89 by $0.66. The company had revenue of $9.28 billion for the quarter, compared to analysts’ expectations of $9.20 billion. Deere & Company had a net margin of 13.73% and a return on equity of 31.32%. Deere & Company’s revenue for the quarter was down 32.8% on a year-over-year basis. During the same quarter in the previous year, the firm posted $8.26 earnings per share.

Institutional Inflows and Outflows

A number of institutional investors have recently made changes to their positions in the company. Clearbridge Investments LLC boosted its holdings in Deere & Company by 4.9% in the 2nd quarter. Clearbridge Investments LLC now owns 234,952 shares of the industrial products company’s stock worth $87,785,000 after buying an additional 10,899 shares during the period. Sanctuary Advisors LLC purchased a new stake in shares of Deere & Company during the second quarter worth $22,367,000. Healthcare of Ontario Pension Plan Trust Fund bought a new position in shares of Deere & Company in the second quarter worth $77,491,000. Centaurus Financial Inc. grew its position in shares of Deere & Company by 2.3% in the second quarter. Centaurus Financial Inc. now owns 1,160 shares of the industrial products company’s stock valued at $433,000 after purchasing an additional 26 shares in the last quarter. Finally, Greater Midwest Financial Group LLC raised its stake in shares of Deere & Company by 7.0% during the 2nd quarter. Greater Midwest Financial Group LLC now owns 5,995 shares of the industrial products company’s stock valued at $2,106,000 after purchasing an additional 390 shares during the period. Hedge funds and other institutional investors own 68.58% of the company’s stock.

Deere & Company Increases Dividend

The company also recently announced a quarterly dividend, which will be paid on Monday, February 10th. Shareholders of record on Tuesday, December 31st will be given a $1.62 dividend. This is an increase from Deere & Company’s previous quarterly dividend of $1.47. This represents a $6.48 dividend on an annualized basis and a yield of 1.35%. The ex-dividend date is Tuesday, December 31st. Deere & Company’s dividend payout ratio (DPR) is currently 25.31%.

About Deere & Company

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.