Deere & Company (NYSE:DE) Given Average Recommendation of “Moderate Buy” by Analysts

Shares of Deere & Company (NYSE:DE) have received an average rating of “Moderate Buy” from the twenty-five ratings firms that are covering the stock, Marketbeat.com reports. One investment analyst has rated the stock with a sell rating, eight have given a hold rating and sixteen have assigned a buy rating to the company. The average 1 year price target among brokerages that have issued a report on the stock in the last year is $644.70.

DE has been the topic of a number of recent research reports. Oppenheimer reaffirmed an “outperform” rating and issued a $715.00 target price on shares of Deere & Company in a research note on Friday, February 20th. Daiwa Securities Group cut their price target on Deere & Company from $530.00 to $520.00 and set an “outperform” rating for the company in a report on Tuesday, December 2nd. Citigroup reduced their price objective on Deere & Company from $675.00 to $625.00 and set a “neutral” rating on the stock in a research report on Monday, March 9th. JPMorgan Chase & Co. decreased their price objective on Deere & Company from $480.00 to $460.00 and set a “neutral” rating on the stock in a research note on Friday, December 19th. Finally, BMO Capital Markets lifted their price objective on Deere & Company from $460.00 to $500.00 and gave the stock a “market perform” rating in a research report on Friday, February 20th.

Insider Transactions at Deere & Company

In related news, CEO John C. May II sold 41,472 shares of the firm’s stock in a transaction that occurred on Thursday, January 8th. The shares were sold at an average price of $501.49, for a total transaction of $20,797,793.28. Following the sale, the chief executive officer owned 117,970 shares in the company, valued at approximately $59,160,775.30. This trade represents a 26.01% decrease in their ownership of the stock. The sale was disclosed in a legal filing with the Securities & Exchange Commission, which can be accessed through this hyperlink. Also, insider Cory J. Reed sold 12,000 shares of Deere & Company 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 completion of the sale, the insider directly owned 20,792 shares of the company’s stock, valued at $10,603,920. The trade was a 36.59% decrease in their ownership of the stock. Additional details regarding this sale are available in the official SEC disclosure. Insiders own 0.29% of the company’s stock.

Institutional Inflows and Outflows

A number of large investors have recently made changes to their positions in DE. Vanguard Group Inc. grew its position in shares of Deere & Company by 0.9% in the fourth quarter. Vanguard Group Inc. now owns 22,583,185 shares of the industrial products company’s stock valued at $10,514,053,000 after purchasing an additional 198,332 shares during the period. State Street Corp lifted its position in Deere & Company by 0.9% during the fourth quarter. State Street Corp now owns 10,485,949 shares of the industrial products company’s stock worth $4,898,717,000 after buying an additional 97,049 shares during the period. Capital World Investors lifted its position in Deere & Company by 53.9% during the fourth quarter. Capital World Investors now owns 9,592,004 shares of the industrial products company’s stock worth $4,465,906,000 after buying an additional 3,358,264 shares during the period. Price T Rowe Associates Inc. MD boosted its stake in Deere & Company by 2.1% in the 4th quarter. Price T Rowe Associates Inc. MD now owns 7,692,877 shares of the industrial products company’s stock worth $3,581,574,000 after buying an additional 158,584 shares during the last quarter. Finally, Geode Capital Management LLC boosted its stake in Deere & Company by 0.3% in the 4th quarter. Geode Capital Management LLC now owns 5,600,552 shares of the industrial products company’s stock worth $2,609,149,000 after buying an additional 17,269 shares during the last quarter. Hedge funds and other institutional investors own 68.58% of the company’s stock.

More Deere & Company News

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

• Positive Sentiment: Recent fundamental strength: Deere’s operational momentum remains a tailwind — the company has shown strong revenue growth and past earnings beats, supporting medium-term fundamentals and analyst earnings power. (Background earnings and analyst estimates point to solid profitability and a multi-year growth profile.)
• Positive Sentiment: Potential macro catalyst — a new Farm Bill gaining momentum in Congress could increase federal support for agriculture and agri‑tech, which would be a structural tailwind for equipment demand and Deere’s long-term outlook. Farm Bill Providing Big Boost to Agri-Tech Gains Momentum in Congress
• Positive Sentiment: Technical/flow-based buying recently showed strength — a Power Inflow/order-flow signal on 3/18 triggered a >2% intraday rise, indicating institutional/retail demand can spark short-term rallies. Deere Shares Rise Over 2% After Key Trading Signal
• Neutral Sentiment: Investor attention and analyst writeups: Deere is getting increased coverage and screening interest; research pieces compare Deere with peers (AGCO) on growth, margins and valuation — useful for relative-value decisions but not an immediate directional driver. Deere & Company (DE) is Attracting Investor Attention: Here is What You Should Know
• Neutral Sentiment: Peer comparison: Recent articles contrast Deere vs. AGCO to weigh growth, margins and strategy — useful for portfolio allocation but highlights mixed positioning across the sector. Deere vs. AGCO Corp: Which Farm Equipment Stock Is the Better Buy Now?
• Negative Sentiment: Near-term pullback and valuation chatter: Analysts and screens note a short-term price pullback and mixed weekly/monthly returns; some investors point to elevated multiples (P/E near ~32, PEG ~2) as a reason for profit‑taking after strong multi‑year gains. Assessing Deere (DE) Valuation After Recent Share Price Pullback And Undervaluation Signals

Deere & Company Stock Down 0.7%

Shares of NYSE DE opened at $566.92 on Friday. Deere & Company has a 12-month low of $404.42 and a 12-month high of $674.19. The company has a market capitalization of $153.13 billion, a PE ratio of 31.96, a price-to-earnings-growth ratio of 2.00 and a beta of 0.96. The company has a debt-to-equity ratio of 1.59, a current ratio of 2.21 and a quick ratio of 1.96. The firm’s 50-day moving average is $571.33 and its two-hundred day moving average is $505.28.

Deere & Company (NYSE:DE) last issued its quarterly earnings data on Thursday, February 19th. The industrial products company reported $2.42 earnings per share for the quarter, topping analysts’ consensus estimates of $1.90 by $0.52. Deere & Company had a net margin of 10.29% and a return on equity of 18.93%. The business had revenue of $9.61 billion during the quarter, compared to analysts’ expectations of $7.50 billion. During the same period last year, the company posted $3.19 EPS. The company’s revenue was up 17.5% on a year-over-year basis. Equities analysts anticipate that Deere & Company will post 19.32 EPS for the current fiscal year.

Deere & Company Dividend Announcement

The company also recently declared a quarterly dividend, which will be paid on Friday, May 8th. Shareholders of record on Tuesday, March 31st will be paid a dividend of $1.62 per share. This represents a $6.48 annualized dividend and a dividend yield of 1.1%. The ex-dividend date of this dividend is Tuesday, March 31st. Deere & Company’s dividend payout ratio (DPR) is currently 36.53%.

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.