FY2026 EPS Estimate for Deere & Company Decreased by Analyst

Deere & Company (NYSE:DE) – Stock analysts at Erste Group Bank lowered their FY2026 EPS estimates for shares of Deere & Company in a report issued on Wednesday, October 21st. Erste Group Bank analyst S. Lingnau now forecasts that the industrial products company will post earnings per share of $18.05 for the year, down from their prior estimate of $18.08. The consensus estimate for Deere & Company’s current full-year earnings is $18.11 per share.

Deere & Company (NYSE:DE) last announced its quarterly earnings results on Thursday, August 20th. The industrial products company reported $5.10 EPS for the quarter, beating analysts’ consensus estimates of $4.69 by $0.41. The business had revenue of $12.61 billion for the quarter, compared to analyst estimates of $10.81 billion. Deere & Company had a net margin of 10.16% and a return on equity of 18.10%. Deere & Company’s quarterly revenue was up 6.2% on a year-over-year basis. During the same quarter in the prior year, the business earned $4.75 EPS.

Other equities analysts also recently issued research reports about the company. Seaport Research Partners set a $570.00 target price on Deere & Company in a research report on Friday, August 14th. Raymond James Financial lifted their price target on Deere & Company from $700.00 to $730.00 and gave the stock an “outperform” rating in a report on Monday, August 31st. Bank of America boosted their price target on Deere & Company from $667.00 to $715.00 in a research note on Thursday, September 24th. Evercore upgraded Deere & Company from an “in-line” rating to an “outperform” rating and set a $813.00 price objective on the stock in a research report on Wednesday, September 2nd. Finally, Robert W. Baird raised Deere & Company from a “neutral” rating to an “outperform” rating and lifted their target price for the stock from $640.00 to $800.00 in a report on Monday, August 31st. Seventeen investment analysts have rated the stock with a Buy rating and eight have assigned a Hold rating to the company’s stock. Based on data from MarketBeat.com, the company presently has an average rating of “Moderate Buy” and an average target price of $688.10.

Deere & Company Trading Up 1.1%

Shares of DE stock opened at $643.25 on Friday. The firm has a 50 day moving average price of $659.66 and a two-hundred day moving average price of $614.01. The company has a quick ratio of 1.89, a current ratio of 2.10 and a debt-to-equity ratio of 1.45. The company has a market capitalization of $173.43 billion, a PE ratio of 35.74, a price-to-earnings-growth ratio of 2.33 and a beta of 0.86. Deere & Company has a 12-month low of $454.50 and a 12-month high of $721.22.

Deere & Company Announces Dividend

The company also recently announced a quarterly dividend, which will be paid on Monday, November 9th. Shareholders of record on Wednesday, September 30th will be issued a $1.62 dividend. This represents a $6.48 annualized dividend and a yield of 1.0%. The ex-dividend date of this dividend is Wednesday, September 30th. Deere & Company’s dividend payout ratio (DPR) is currently 36.00%.

Institutional Trading of Deere & Company

A number of institutional investors and hedge funds have recently made changes to their positions in DE. BlackRock Inc. bought a new stake in shares of Deere & Company during the 2nd quarter worth $11,763,504,000. Wellington Management Group LLP lifted its holdings in shares of Deere & Company by 84.3% in the second quarter. Wellington Management Group LLP now owns 3,088,628 shares of the industrial products company’s stock worth $1,959,209,000 after acquiring an additional 1,412,694 shares during the last quarter. Bank of America Corp DE lifted its holdings in shares of Deere & Company by 0.3% in the first quarter. Bank of America Corp DE now owns 2,782,402 shares of the industrial products company’s stock worth $1,567,327,000 after acquiring an additional 7,918 shares during the last quarter. Bank of New York Mellon Corp acquired a new stake in shares of Deere & Company in the 2nd quarter valued at approximately $1,259,279,000. Finally, Legal & General Group Plc acquired a new stake in shares of Deere & Company in the 2nd quarter valued at approximately $957,456,000. Institutional investors own 68.58% of the company’s stock.

About Deere & Company

Deere & Company, founded by blacksmith John Deere in 1837, is a global manufacturer of agricultural, construction, forestry and turf-care equipment. The company is headquartered in Moline, Illinois, and operates under the John Deere brand.

Its products include tractors, combines, planters, sprayers, harvesting equipment, loaders, excavators, motor graders, forestry machines, mowers and compact utility equipment. Deere also provides replacement parts, equipment support, financing and technology-enabled solutions designed to improve machine productivity, automation and precision in farming and other industries.

Deere serves customers through dealerships and operations across North America, Latin America, Europe and other international markets.