Zacks Research Cuts Earnings Estimates for Deere & Company

Deere & Company (NYSE:DE) – Analysts at Zacks Research lowered their Q1 2025 EPS estimates for Deere & Company in a note issued to investors on Wednesday, December 11th. Zacks Research analyst M. Das now anticipates that the industrial products company will earn $3.24 per share for the quarter, down from their prior estimate of $4.07. The consensus estimate for Deere & Company’s current full-year earnings is $19.52 per share. Zacks Research also issued estimates for Deere & Company’s Q3 2025 earnings at $5.28 EPS, FY2025 earnings at $18.73 EPS, Q1 2026 earnings at $4.13 EPS, Q2 2026 earnings at $6.22 EPS and FY2026 earnings at $21.27 EPS.

Deere & Company (NYSE:DE) last posted its quarterly earnings results on Thursday, November 21st. The industrial products company reported $4.55 earnings per share for the quarter, beating the consensus estimate of $3.89 by $0.66. The business had revenue of $9.28 billion during 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%. The business’s revenue for the quarter was down 32.8% on a year-over-year basis. During the same quarter in the prior year, the company posted $8.26 EPS.

Several other brokerages have also commented on DE. UBS Group upped their price target on Deere & Company from $404.00 to $462.00 and gave the company a “neutral” rating in a research note on Friday, November 22nd. Truist Financial upped their target price on shares of Deere & Company from $496.00 to $538.00 and gave the company a “buy” rating in a research report on Friday, November 22nd. HSBC cut shares of Deere & Company from a “buy” rating to a “hold” rating in a research report on Monday, August 19th. Oppenheimer upped their price objective on shares of Deere & Company from $448.00 to $477.00 and gave the stock an “outperform” rating in a report on Friday, November 22nd. Finally, Morgan Stanley lifted their target price on shares of Deere & Company from $401.00 to $450.00 and gave the company an “overweight” rating in a report on Monday, November 25th. Thirteen analysts have rated the stock with a hold rating and nine have issued a buy rating to the stock. According to MarketBeat, the company currently has a consensus rating of “Hold” and an average target price of $443.28.

Deere & Company Trading Up 0.2 %

Shares of Deere & Company stock opened at $440.44 on Monday. The stock has a 50 day moving average of $420.61 and a 200 day moving average of $392.86. The company has a debt-to-equity ratio of 1.89, a quick ratio of 1.90 and a current ratio of 2.09. The firm has a market capitalization of $120.50 billion, a price-to-earnings ratio of 17.20, a PEG ratio of 1.91 and a beta of 0.96. Deere & Company has a fifty-two week low of $340.20 and a fifty-two week high of $469.39.

Deere & Company Increases Dividend

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

Hedge Funds Weigh In On Deere & Company

Institutional investors and hedge funds have recently modified their holdings of the company. Stockbridge Partners LLC boosted its position in shares of Deere & Company by 157.5% during the 3rd quarter. Stockbridge Partners LLC now owns 884,237 shares of the industrial products company’s stock worth $369,019,000 after acquiring an additional 540,874 shares in the last quarter. Toronto Dominion Bank lifted its stake in Deere & Company by 1.5% during the third quarter. Toronto Dominion Bank now owns 86,952 shares of the industrial products company’s stock worth $36,288,000 after purchasing an additional 1,291 shares during the last quarter. Oppenheimer Asset Management Inc. boosted its holdings in Deere & Company by 20.5% in the second quarter. Oppenheimer Asset Management Inc. now owns 15,808 shares of the industrial products company’s stock valued at $5,906,000 after purchasing an additional 2,692 shares in the last quarter. Chase Investment Counsel Corp increased its stake in Deere & Company by 53.8% in the third quarter. Chase Investment Counsel Corp now owns 4,000 shares of the industrial products company’s stock valued at $1,669,000 after purchasing an additional 1,400 shares during the last quarter. Finally, Balentine LLC acquired a new stake in Deere & Company during the third quarter worth approximately $710,000. Institutional investors and hedge funds own 68.58% of the company’s stock.

About Deere & Company

Deere & Company engages in the manufacture and distribution of various equipment worldwide. The company operates through four segments: Production and Precision Agriculture, Small Agriculture and Turf, Construction and Forestry, and Financial Services. The Production and Precision Agriculture segment provides large and medium tractors, combines, cotton pickers and strippers, sugarcane harvesters and loaders, harvesting front-end equipment, pull-behind scrapers, and tillage and seeding equipment, as well as application equipment, including sprayers and nutrient management, and soil preparation machinery for grain growers.