Deere & Company (NYSE:DE – Free Report) – Research analysts at DA Davidson issued their Q1 2025 earnings estimates for shares of Deere & Company in a research note issued on Monday, November 25th. DA Davidson analyst M. Shlisky forecasts that the industrial products company will post earnings per share of $3.27 for the quarter. The consensus estimate for Deere & Company’s current full-year earnings is $21.31 per share. DA Davidson also issued estimates for Deere & Company’s FY2026 earnings at $21.88 EPS.
Several other research analysts also recently commented on DE. Barclays lifted their target price on shares of Deere & Company from $400.00 to $475.00 and gave the stock an “overweight” rating in a research note on Friday, November 22nd. Truist Financial raised their price target on shares of Deere & Company from $496.00 to $538.00 and gave the stock a “buy” rating in a report on Friday, November 22nd. Evercore ISI upped their price objective on shares of Deere & Company from $371.00 to $378.00 and gave the company an “in-line” rating in a research note on Monday, August 19th. JPMorgan Chase & Co. raised their target price on Deere & Company from $420.00 to $450.00 and gave the stock a “neutral” rating in a research note on Friday, November 22nd. Finally, Hsbc Global Res downgraded Deere & Company from a “strong-buy” rating to a “hold” rating in a report on Monday, August 19th. Thirteen analysts have rated the stock with a hold rating and nine have given a buy rating to the stock. According to data from MarketBeat, the stock currently has a consensus rating of “Hold” and an average target price of $433.00.
Deere & Company Price Performance
Shares of Deere & Company stock opened at $461.15 on Tuesday. The stock has a market capitalization of $126.17 billion, a P/E ratio of 18.01, a price-to-earnings-growth ratio of 1.75 and a beta of 0.93. Deere & Company has a one year low of $340.20 and a one year high of $469.39. 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 business’s 50 day simple moving average is $409.62 and its two-hundred day simple moving average is $386.98.
Deere & Company (NYSE:DE – Get Free Report) last released its earnings results on Thursday, November 21st. The industrial products company reported $4.55 earnings per share for the quarter, beating analysts’ consensus estimates of $3.90 by $0.65. Deere & Company had a return on equity of 31.32% and a net margin of 13.73%. The company had revenue of $9.28 billion during the quarter, compared to analyst estimates of $9.20 billion. During the same quarter in the previous year, the company posted $8.26 EPS. Deere & Company’s revenue for the quarter was down 32.8% on a year-over-year basis.
Institutional Inflows and Outflows
Several institutional investors have recently modified their holdings of DE. Fairscale Capital LLC purchased a new stake in Deere & Company in the second quarter worth about $26,000. Pineridge Advisors LLC grew its stake in shares of Deere & Company by 725.0% in the 1st quarter. Pineridge Advisors LLC now owns 66 shares of the industrial products company’s stock worth $27,000 after buying an additional 58 shares during the last quarter. Livelsberger Financial Advisory bought a new position in Deere & Company during the 3rd quarter valued at approximately $32,000. Olistico Wealth LLC purchased a new position in Deere & Company during the second quarter valued at $37,000. Finally, Centennial Bank AR raised its stake in Deere & Company by 420.0% during the second quarter. Centennial Bank AR now owns 104 shares of the industrial products company’s stock valued at $39,000 after buying an additional 84 shares during the last quarter. 68.58% of the stock is currently owned by institutional investors.
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.
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