Zacks Research Comments on Deere & Company FY2026 Earnings

Deere & Company (NYSE:DE) – Zacks Research lifted their FY2026 earnings per share estimates for Deere & Company in a note issued to investors on Thursday, October 9th. Zacks Research analyst Team now anticipates that the industrial products company will post earnings per share of $18.83 for the year, up from their prior estimate of $18.81. 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 Q4 2026 earnings at $4.77 EPS.

Deere & Company (NYSE:DE) last released its quarterly earnings data on Thursday, August 14th. The industrial products company reported $4.75 earnings per share for the quarter, beating the consensus estimate of $4.62 by $0.13. Deere & Company had a return on equity of 21.97% and a net margin of 11.72%.The business had revenue of $10.36 billion for the quarter, compared to analysts’ expectations of $10.33 billion. During the same quarter in the previous year, the business posted $6.29 EPS. Deere & Company’s revenue for the quarter was down 9.0% on a year-over-year basis.

Several other research firms have also recently weighed in on DE. Robert W. Baird cut their price objective on Deere & Company from $520.00 to $488.00 and set a “neutral” rating on the stock in a report on Friday, August 15th. JPMorgan Chase & Co. cut their price objective on Deere & Company from $500.00 to $495.00 and set a “neutral” rating on the stock in a report on Tuesday, September 2nd. Weiss Ratings reiterated a “hold (c+)” rating on shares of Deere & Company in a report on Wednesday, October 8th. Citigroup cut their price objective on Deere & Company from $525.00 to $515.00 and set a “neutral” rating on the stock in a report on Tuesday, October 7th. Finally, DA Davidson cut their price objective on Deere & Company from $595.00 to $580.00 and set a “buy” rating on the stock in a report on Monday, August 18th. One equities research analyst has rated the stock with a Strong Buy rating, ten have given a Buy rating and ten have given a Hold rating to the stock. According to MarketBeat, the company presently has a consensus rating of “Moderate Buy” and an average target price of $513.88.

Deere & Company Trading Down 1.6%

NYSE:DE opened at $439.00 on Monday. Deere & Company has a fifty-two week low of $387.03 and a fifty-two week high of $533.78. The company has a debt-to-equity ratio of 1.76, a current ratio of 2.19 and a quick ratio of 1.98. The stock has a market capitalization of $118.67 billion, a PE ratio of 22.95, a price-to-earnings-growth ratio of 2.87 and a beta of 1.02. The business’s 50-day simple moving average is $477.70 and its 200-day simple moving average is $488.26.

Deere & Company Dividend Announcement

The company also recently announced a quarterly dividend, which will be paid on Monday, November 10th. Shareholders of record on Tuesday, September 30th will be paid a $1.62 dividend. The ex-dividend date is Tuesday, September 30th. This represents a $6.48 annualized dividend and a yield of 1.5%. Deere & Company’s payout ratio is presently 33.87%.

Institutional Investors Weigh In On Deere & Company

Several institutional investors have recently bought and sold shares of the company. Vanguard Group Inc. increased its position in shares of Deere & Company by 1.4% during the 2nd quarter. Vanguard Group Inc. now owns 22,372,671 shares of the industrial products company’s stock worth $11,376,279,000 after purchasing an additional 309,081 shares during the last quarter. State Street Corp increased its position in shares of Deere & Company by 0.6% during the 2nd quarter. State Street Corp now owns 10,386,268 shares of the industrial products company’s stock worth $5,297,913,000 after purchasing an additional 64,262 shares during the last quarter. Price T Rowe Associates Inc. MD increased its position in shares of Deere & Company by 4.3% during the 1st quarter. Price T Rowe Associates Inc. MD now owns 6,876,013 shares of the industrial products company’s stock worth $3,227,258,000 after purchasing an additional 286,253 shares during the last quarter. Geode Capital Management LLC increased its position in shares of Deere & Company by 2.1% during the 2nd quarter. Geode Capital Management LLC now owns 5,541,778 shares of the industrial products company’s stock worth $2,810,807,000 after purchasing an additional 111,627 shares during the last quarter. Finally, Norges Bank acquired a new position in shares of Deere & Company during the 2nd quarter worth approximately $1,578,243,000. Institutional investors own 68.58% of the company’s stock.

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.