Deere & Company (NYSE:DE) Reaches New 12-Month High Following Strong Earnings

Deere & Company (NYSE:DE) hit a new 52-week high during trading on Thursday following a stronger than expected earnings report. The stock traded as high as $639.99 and last traded at $648.5010, with a volume of 284135 shares changing hands. The stock had previously closed at $593.27.

The industrial products company reported $2.42 earnings per share for the quarter, beating analysts’ consensus estimates of $1.90 by $0.52. Deere & Company had a return on equity of 20.54% and a net margin of 11.00%.The firm had revenue of $9.61 billion during the quarter, compared to the consensus estimate of $7.50 billion. During the same period last year, the company earned $3.19 earnings per share. The business’s revenue was up 17.5% compared to the same quarter last year.

Deere & Company Announces Dividend

The company also recently declared a quarterly dividend, which was paid on Monday, February 9th. Stockholders of record on Wednesday, December 31st were paid a dividend of $1.62 per share. This represents a $6.48 dividend on an annualized basis and a dividend yield of 1.0%. The ex-dividend date of this dividend was Wednesday, December 31st. Deere & Company’s dividend payout ratio (DPR) is presently 35.01%.

Key Stories Impacting Deere & Company

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

• Positive Sentiment: Q1 beat on both EPS and revenue — Deere reported $2.42 EPS vs. street estimates around $1.90 and revenue of $9.61B (≈+17.5% YoY), signaling stronger-than-expected demand. Deere Reports First Quarter Net Income
• Positive Sentiment: Raised full-year profit guidance and stronger sales outlook — management lifted its net income guidance range and highlighted a rebound in construction equipment and improving order books, which supports upside to 2026 sales. Deere’s stock jumps toward another record
• Positive Sentiment: Shipments and orders improving — company statements noted shipments ahead of plan and strengthening order books across segments, supporting near-term revenue momentum. Deere Reports First Quarter Net Income
• Neutral Sentiment: Analyst response mixed but generally constructive — several outlets show analysts raising models or keeping buy/moderate-buy views after the print; longer-term debates remain around farm demand and AI/tech initiatives. Consensus Rating of Moderate Buy
• Negative Sentiment: Profit fell year-over-year — net income declined to $656M (≈-25% YoY) and management cited tariffs and an unfavorable product mix as margin headwinds, which tempers the beat on EPS. Deere shares slip as falling net income overshadows revenue beat
• Negative Sentiment: Tariff and demand pressure remain risks — coverage highlights that tariffs and weak tractor demand weighed on profitability, leaving execution and margin recovery as watch-items for investors. Deere Profit Sinks as Tariffs Weigh on Margins

Wall Street Analysts Forecast Growth

DE has been the topic of a number of recent analyst reports. Truist Financial lifted their price target on Deere & Company from $609.00 to $612.00 and gave the stock a “buy” rating in a report on Friday, November 28th. JPMorgan Chase & Co. dropped their price target on Deere & Company from $480.00 to $460.00 and set a “neutral” rating on the stock in a research report on Friday, December 19th. Zacks Research raised Deere & Company from a “strong sell” rating to a “hold” rating in a report on Wednesday, December 3rd. UBS Group restated a “buy” rating on shares of Deere & Company in a research note on Tuesday, November 25th. Finally, Sanford C. Bernstein reiterated a “market perform” rating on shares of Deere & Company in a research report on Tuesday, December 9th. Fifteen investment analysts have rated the stock with a Buy rating and nine have given a Hold rating to the company. Based on data from MarketBeat.com, the stock currently has a consensus rating of “Moderate Buy” and a consensus target price of $524.20.

Insider Activity

In other news, insider Cory J. Reed sold 12,000 shares of the business’s stock in a transaction that occurred on Wednesday, January 14th. The stock was sold at an average price of $510.00, for a total transaction of $6,120,000.00. Following the transaction, the insider directly owned 20,792 shares of the company’s stock, valued at approximately $10,603,920. The trade was a 36.59% decrease in their ownership of the stock. The transaction was disclosed in a filing with the Securities & Exchange Commission, which is accessible through this hyperlink. Also, CEO John C. May II sold 41,472 shares of the stock in a transaction dated Thursday, January 8th. The stock was sold at an average price of $501.49, for a total transaction of $20,797,793.28. Following the completion of the transaction, the chief executive officer directly owned 117,970 shares of the company’s stock, valued at approximately $59,160,775.30. The trade was a 26.01% decrease in their ownership of the stock. Additional details regarding this sale are available in the official SEC disclosure. Over the last 90 days, insiders have sold 64,578 shares of company stock valued at $32,471,682. 0.29% of the stock is owned by company insiders.

Institutional Inflows and Outflows

A number of hedge funds and other institutional investors have recently added to or reduced their stakes in the stock. Strategic Advocates LLC bought a new position in shares of Deere & Company during the 3rd quarter valued at approximately $25,000. Howard Hughes Medical Institute bought a new stake in shares of Deere & Company in the second quarter valued at about $27,000. Key Capital Management INC bought a new position in shares of Deere & Company during the fourth quarter valued at approximately $27,000. Timmons Wealth Management LLC purchased a new position in shares of Deere & Company in the 4th quarter valued at $29,000. Finally, Activest Wealth Management increased its position in shares of Deere & Company by 69.2% during the third quarter. Activest Wealth Management now owns 66 shares of the industrial products company’s stock worth $30,000 after purchasing an additional 27 shares in the last quarter. Institutional investors own 68.58% of the company’s stock.

Deere & Company Stock Up 10.3%

The company has a market capitalization of $177.32 billion, a price-to-earnings ratio of 35.46, a PEG ratio of 2.40 and a beta of 1.02. The company has a debt-to-equity ratio of 1.68, a quick ratio of 2.01 and a current ratio of 2.22. The business’s 50 day moving average is $515.50 and its 200 day moving average is $489.09.

About Deere & Company

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.