Q1 EPS Estimates for Deere & Company Cut by Zacks Research

Deere & Company (NYSE:DE) – Investment analysts at Zacks Research cut their Q1 2026 earnings per share (EPS) estimates for shares of Deere & Company in a research note issued on Wednesday, December 17th. Zacks Research analyst Team now forecasts that the industrial products company will earn $1.99 per share for the quarter, down from their prior forecast of $2.83. Zacks Research has a “Hold” rating on the stock. 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 Q2 2026 earnings at $5.55 EPS, Q3 2026 earnings at $4.75 EPS, Q4 2026 earnings at $4.45 EPS, FY2026 earnings at $16.74 EPS, Q2 2027 earnings at $6.19 EPS, Q3 2027 earnings at $5.68 EPS and FY2027 earnings at $21.55 EPS.

Deere & Company (NYSE:DE) last released its earnings results on Wednesday, November 26th. The industrial products company reported $3.93 EPS for the quarter, missing analysts’ consensus estimates of $3.96 by ($0.03). The business had revenue of $12.39 billion for the quarter, compared to the consensus estimate of $9.77 billion. Deere & Company had a return on equity of 20.54% and a net margin of 11.00%.The company’s revenue for the quarter was up 14.1% on a year-over-year basis. During the same quarter in the previous year, the firm earned $4.55 earnings per share.

A number of other research analysts also recently weighed in on DE. Sanford C. Bernstein reissued a “market perform” rating on shares of Deere & Company in a research report on Tuesday, December 9th. Jefferies Financial Group increased their price objective on Deere & Company from $440.00 to $475.00 and gave the company a “hold” rating in a report on Tuesday, December 9th. Citigroup lowered their target price on Deere & Company from $525.00 to $515.00 and set a “neutral” rating on the stock in a research note on Tuesday, October 7th. Truist Financial upped their price target on Deere & Company from $609.00 to $612.00 and gave the company a “buy” rating in a research report on Friday, November 28th. Finally, Keefe, Bruyette & Woods reissued an “outperform” rating on shares of Deere & Company in a report on Monday, December 1st. One equities research analyst has rated the stock with a Strong Buy rating, fifteen have given a Buy rating and ten have given a Hold rating to the stock. According to data from MarketBeat.com, the stock presently has an average rating of “Moderate Buy” and an average target price of $522.70.

Deere & Company Stock Performance

NYSE DE opened at $465.94 on Monday. The company has a market capitalization of $126.01 billion, a PE ratio of 25.17, a price-to-earnings-growth ratio of 1.76 and a beta of 1.00. The company has a debt-to-equity ratio of 1.68, a quick ratio of 2.01 and a current ratio of 2.22. Deere & Company has a 52-week low of $403.01 and a 52-week high of $533.78. The company has a 50-day simple moving average of $472.34 and a 200 day simple moving average of $485.76.

Institutional Investors Weigh In On Deere & Company

Institutional investors and hedge funds have recently made changes to their positions in the business. Brighton Jones LLC boosted its position in shares of Deere & Company by 39.1% during the 4th quarter. Brighton Jones LLC now owns 4,548 shares of the industrial products company’s stock valued at $1,927,000 after acquiring an additional 1,278 shares during the last quarter. CW Advisors LLC raised its stake in Deere & Company by 103.0% in the first quarter. CW Advisors LLC now owns 8,599 shares of the industrial products company’s stock valued at $4,044,000 after purchasing an additional 4,364 shares in the last quarter. Northwestern Mutual Wealth Management Co. lifted its position in Deere & Company by 1.5% during the first quarter. Northwestern Mutual Wealth Management Co. now owns 107,505 shares of the industrial products company’s stock valued at $50,457,000 after purchasing an additional 1,567 shares during the last quarter. Smartleaf Asset Management LLC grew its stake in Deere & Company by 1.0% in the 1st quarter. Smartleaf Asset Management LLC now owns 3,502 shares of the industrial products company’s stock worth $1,630,000 after buying an additional 34 shares in the last quarter. Finally, Southeast Asset Advisors LLC grew its stake in Deere & Company by 56.7% in the 1st quarter. Southeast Asset Advisors LLC now owns 4,205 shares of the industrial products company’s stock worth $1,974,000 after buying an additional 1,522 shares in the last quarter. Hedge funds and other institutional investors own 68.58% of the company’s stock.

Insider Transactions at Deere & Company

In related news, CEO John C. May II sold 11,106 shares of the stock in a transaction dated Tuesday, November 25th. The stock was sold at an average price of $500.08, for a total transaction of $5,553,888.48. Following the sale, the chief executive officer owned 112,453 shares of the company’s stock, valued at approximately $56,235,496.24. This represents a 8.99% decrease in their position. The sale was disclosed in a document filed with the SEC, which is accessible through this hyperlink. Company insiders own 0.29% of the company’s stock.

Deere & Company Dividend Announcement

The business also recently disclosed a quarterly dividend, which will be paid on Monday, February 9th. Investors of record on Wednesday, December 31st will be paid a dividend of $1.62 per share. This represents a $6.48 dividend on an annualized basis and a dividend yield of 1.4%. The ex-dividend date is Wednesday, December 31st. Deere & Company’s payout ratio is presently 35.01%.

Deere & Company News Roundup

Here are the key news stories impacting Deere & Company this week:

• Positive Sentiment: Deere agreed to acquire Tenna, a construction equipment-tracking and fleet-telemetry platform — expands Deere’s construction-tech footprint, accelerates recurring-service and data revenues, and strengthens aftermarket/digital offerings that can boost long-term margins. Read More.
• Positive Sentiment: Multiple trade outlets report the Tenna deal (confirms market move into construction tech); investors may view the acquisition as strategic diversification beyond agriculture equipment into higher-growth services. Read More.
• Positive Sentiment: Some brokerage commentary and analyst write-ups still rate DE as a buy, citing durable equipment demand and services growth — such endorsements can limit downside and support medium-term inflows. Read More.
• Neutral Sentiment: Company press releases and investor communications are being updated (including the Tenna announcement); these are informative but largely confirm known strategy rather than introduce new financials. Read More.
• Neutral Sentiment: A market/sector analysis piece discusses shifts in tech and cycle dynamics that are “rewriting the story” for Deere — useful context on secular forces (automation, data services) but not an immediate earnings driver. Read More.
• Negative Sentiment: Zacks-linked research flagged reduced earnings expectations for Deere, which increases near-term downside risk and can pressure the stock as investors re-track valuations to lower forward EPS. Read More.

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.