FY2026 EPS Estimates for Deere & Company Boosted by Analyst

Deere & Company (NYSE:DE) – Research analysts at Erste Group Bank lifted their FY2026 earnings per share (EPS) estimates for Deere & Company in a research note issued on Tuesday, March 24th. Erste Group Bank analyst S. Lingnau now expects that the industrial products company will post earnings of $17.67 per share for the year, up from their previous forecast of $17.63. The consensus estimate for Deere & Company’s current full-year earnings is $19.32 per share. Erste Group Bank also issued estimates for Deere & Company’s FY2027 earnings at $23.02 EPS.

Deere & Company (NYSE:DE) last posted its quarterly earnings data on Thursday, February 19th. The industrial products company reported $2.42 earnings per share for the quarter, beating the consensus estimate of $1.90 by $0.52. The business had revenue of $9.61 billion during the quarter, compared to the consensus estimate of $7.50 billion. Deere & Company had a return on equity of 18.93% and a net margin of 10.29%.The company’s revenue was up 17.5% compared to the same quarter last year. During the same period in the prior year, the company earned $3.19 earnings per share.

DE has been the topic of a number of other reports. Citigroup dropped their price objective on shares of Deere & Company from $675.00 to $625.00 and set a “neutral” rating on the stock in a research note on Monday, March 9th. Wall Street Zen upgraded shares of Deere & Company from a “sell” rating to a “hold” rating in a research note on Saturday, February 7th. BMO Capital Markets raised their price target on Deere & Company from $460.00 to $500.00 and gave the stock a “market perform” rating in a report on Friday, February 20th. Daiwa Securities Group dropped their price target on Deere & Company from $530.00 to $520.00 and set an “outperform” rating on the stock in a research report on Tuesday, December 2nd. Finally, DA Davidson upped their price objective on Deere & Company from $580.00 to $775.00 and gave the company a “buy” rating in a research note on Friday, February 20th. Sixteen research analysts have rated the stock with a Buy rating, eight have assigned a Hold rating and one has assigned a Sell rating to the stock. According to MarketBeat, the stock has an average rating of “Moderate Buy” and a consensus target price of $644.70.

Deere & Company Stock Down 0.8%

Shares of NYSE:DE opened at $578.42 on Thursday. Deere & Company has a 1-year low of $404.42 and a 1-year high of $674.19. 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 stock has a market cap of $156.24 billion, a P/E ratio of 32.61, a P/E/G ratio of 2.04 and a beta of 0.96. The firm has a fifty day moving average price of $577.34 and a 200 day moving average price of $508.25.

Hedge Funds Weigh In On Deere & Company

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

Insider Activity

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

Deere & Company Dividend Announcement

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