Deere & Company (NYSE:DE – Get Free Report) saw unusually large options trading activity on Tuesday. Investors purchased 8,338 call options on the stock. This is an increase of approximately 61% compared to the typical daily volume of 5,192 call options.
Deere & Company Trading Up 2.1%
NYSE:DE traded up $13.69 on Tuesday, hitting $668.60. The stock had a trading volume of 1,056,081 shares, compared to its average volume of 1,371,592. 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 stock has a market cap of $180.27 billion, a price-to-earnings ratio of 37.10, a PEG ratio of 2.60 and a beta of 0.90. The company has a fifty day moving average price of $612.74 and a two-hundred day moving average price of $593.84. Deere & Company has a 1-year low of $433.00 and a 1-year high of $675.75.
Deere & Company (NYSE:DE – Get Free Report) last announced its quarterly earnings results on Thursday, August 20th. The industrial products company reported $5.10 earnings per share (EPS) for the quarter, topping analysts’ consensus estimates of $4.69 by $0.41. The business had revenue of $12.61 billion during the quarter, compared to the consensus estimate of $10.81 billion. Deere & Company had a net margin of 10.16% and a return on equity of 18.10%. The business’s revenue was up 6.2% compared to the same quarter last year. During the same quarter last year, the firm earned $4.75 EPS. Equities research analysts expect that Deere & Company will post 18.11 earnings per share for the current fiscal year.
Deere & Company Dividend Announcement
Analyst Upgrades and Downgrades
A number of equities research analysts have recently commented on DE shares. Royal Bank Of Canada reiterated an “outperform” rating and issued a $752.00 target price on shares of Deere & Company in a research report on Monday, August 24th. Wall Street Zen cut shares of Deere & Company from a “hold” rating to a “sell” rating in a research note on Saturday, August 22nd. Raymond James Financial increased their price objective on shares of Deere & Company from $700.00 to $730.00 and gave the company an “outperform” rating in a report on Monday. JPMorgan Chase & Co. raised their target price on shares of Deere & Company from $570.00 to $585.00 and gave the stock a “neutral” rating in a research note on Friday, August 21st. Finally, Robert W. Baird upgraded Deere & Company from a “neutral” rating to an “outperform” rating and boosted their target price for the stock from $640.00 to $800.00 in a report on Monday. Sixteen research analysts have rated the stock with a Buy rating and eight have issued a Hold rating to the company’s stock. According to MarketBeat, Deere & Company has a consensus rating of “Moderate Buy” and a consensus price target of $662.98.
Check Out Our Latest Report on Deere & Company
Institutional Investors Weigh In On Deere & Company
A number of institutional investors have recently made changes to their positions in DE. Brighton Jones LLC lifted its position in shares of Deere & Company by 39.1% during the fourth quarter. Brighton Jones LLC now owns 4,548 shares of the industrial products company’s stock worth $1,927,000 after purchasing an additional 1,278 shares in the last quarter. Schnieders Capital Management LLC. increased its stake in Deere & Company by 7.8% during the 2nd quarter. Schnieders Capital Management LLC. now owns 2,076 shares of the industrial products company’s stock worth $1,056,000 after buying an additional 150 shares during the period. Jump Financial LLC purchased a new stake in Deere & Company during the 2nd quarter worth approximately $2,153,000. NewEdge Advisors LLC lifted its holdings in Deere & Company by 6.0% during the 2nd quarter. NewEdge Advisors LLC now owns 18,758 shares of the industrial products company’s stock worth $9,538,000 after buying an additional 1,067 shares in the last quarter. Finally, Main Street Financial Solutions LLC boosted its position in Deere & Company by 6.7% in the 2nd quarter. Main Street Financial Solutions LLC now owns 1,551 shares of the industrial products company’s stock valued at $789,000 after buying an additional 97 shares during the period. 68.58% of the stock is currently owned by institutional investors and hedge funds.
Deere & Company News Roundup
Here are the key news stories impacting Deere & Company this week:
- Positive Sentiment: Baird upgraded Deere from Neutral to Outperform and raised its price target to $800 from $640. The firm expects improving North American row-crop fundamentals, including stronger corn prices and demand, to support Deere’s earnings beginning in 2027. Deere Baird Sees Upside as Agricultural Recovery Approaches
- Positive Sentiment: The upgrade was viewed as a catalyst for a targeted rally in farm-equipment stocks. Baird also raised its outlook for AGCO, suggesting a broader improvement in North American agricultural machinery demand rather than a company-specific development. Deere and AGCO Rally as Baird Upgrades Both
- Positive Sentiment: Recent quarterly results provide fundamental support for the bullish view. Deere reported earnings of $5.10 per share, exceeding the $4.69 consensus estimate, while revenue reached $12.61 billion and increased 6.2% year over year. Management also raised fiscal 2026 net-income guidance to $4.75 billion–$5.00 billion and indicated that 2026 could mark the bottom of the current agricultural-equipment cycle. Deere Shares Gain as Bullish Analyst Call Adds to Post-Earnings Momentum
- Neutral Sentiment: The move occurred even as the broader market was weaker, indicating investor rotation into agricultural-equipment shares. However, the $800 target is above the median target of $632.50 from analysts tracked over the past six months, highlighting differing views on the timing and strength of the recovery.
- Negative Sentiment: Recent insider activity shows selling rather than buying: one Deere executive reportedly sold approximately 31,099 shares over the past six months. This may weigh on sentiment, although the sales are small relative to the company’s market capitalization and do not offset the stronger analyst and earnings catalysts.
Deere & Company Company Profile
Deere & Company, commonly known by its brand John Deere, is a global manufacturer of agricultural, construction and forestry machinery, as well as turf care equipment and power systems. Founded in 1837 by blacksmith John Deere—who developed a polished steel plow to improve tillage in tough prairie soils—the company is headquartered in Moline, Illinois, and has grown into one of the largest and most recognizable names in equipment manufacturing worldwide.
The company’s principal businesses include a broad portfolio of agricultural equipment such as tractors, combines, planters, sprayers, harvesters and tillage implements, complemented by precision agriculture technologies and telematics that support farm management, yield optimization and equipment connectivity.
Featured Stories
- Five stocks we like better than Deere & Company
- Is Abercrombie & Fitch’s Hot Streak Just Getting Started?
- Medtronic’s Stars Are Aligning for a Price Recovery
- Analysts See Major Upside for This Top-10 Performing S&P 500 Stock
- Cook Out, Silicon In: Will Ternus Trigger Apple’s Edge AI Boom?
Receive News & Ratings for Deere & Company Daily - Enter your email address below to receive a concise daily summary of the latest news and analysts' ratings for Deere & Company and related companies with MarketBeat.com's FREE daily email newsletter.
