Q1 2025 Earnings Estimate for Deere & Company (NYSE:DE) Issued By Zacks Research

Deere & Company (NYSE:DE - Free Report) - Equities research analysts at Zacks Research cut their Q1 2025 earnings per share estimates for shares of Deere & Company in a report released on Monday, September 16th. Zacks Research analyst M. Das now anticipates that the industrial products company will post earnings per share of $4.07 for the quarter, down from their prior estimate of $4.08. The consensus estimate for Deere & Company's current full-year earnings is $25.07 per share. Zacks Research also issued estimates for Deere & Company's Q2 2025 earnings at $6.05 EPS, Q3 2025 earnings at $5.26 EPS, Q4 2025 earnings at $4.67 EPS, FY2025 earnings at $20.05 EPS, Q1 2026 earnings at $4.67 EPS, Q2 2026 earnings at $6.93 EPS, Q3 2026 earnings at $6.09 EPS and FY2026 earnings at $23.19 EPS.

DE has been the subject of a number of other reports. Truist Financial reissued a "buy" rating and issued a $443.00 price objective (up from $439.00) on shares of Deere & Company in a research note on Friday, August 16th. Deutsche Bank Aktiengesellschaft dropped their target price on shares of Deere & Company from $402.00 to $389.00 and set a "hold" rating for the company in a report on Thursday, August 8th. Citigroup decreased their price target on Deere & Company from $395.00 to $370.00 and set a "neutral" rating on the stock in a report on Tuesday, August 13th. JPMorgan Chase & Co. dropped their price objective on Deere & Company from $375.00 to $360.00 and set a "neutral" rating for the company in a research note on Tuesday, August 13th. Finally, Raymond James started coverage on Deere & Company in a research note on Friday, June 28th. They set an "outperform" rating and a $420.00 target price on the stock. Fourteen research analysts have rated the stock with a hold rating and eight have issued a buy rating to the stock. According to data from MarketBeat, the stock has a consensus rating of "Hold" and an average target price of $409.88.

Deere & Company Stock Performance

Deere & Company stock traded up $8.46 during midday trading on Thursday, hitting $409.53. The stock had a trading volume of 1,751,156 shares, compared to its average volume of 1,517,374. The company has a current ratio of 2.07, a quick ratio of 1.87 and a debt-to-equity ratio of 1.85. Deere & Company has a 52-week low of $340.20 and a 52-week high of $417.46. The company has a market capitalization of $112.85 billion, a PE ratio of 12.07, a P/E/G ratio of 1.29 and a beta of 0.92. The firm's fifty day moving average is $374.47 and its two-hundred day moving average is $382.18.

Deere & Company (NYSE:DE - Get Free Report) last posted its quarterly earnings data on Thursday, August 15th. The industrial products company reported $6.29 EPS for the quarter, topping the consensus estimate of $5.63 by $0.66. The firm had revenue of $11.39 billion for the quarter, compared to the consensus estimate of $10.94 billion. Deere & Company had a return on equity of 36.71% and a net margin of 14.69%. The business's revenue for the quarter was down 20.3% compared to the same quarter last year. During the same quarter last year, the company earned $10.20 earnings per share.

Institutional Inflows and Outflows

Several large investors have recently modified their holdings of the business. Parnassus Investments LLC grew its holdings in shares of Deere & Company by 22.4% in the fourth quarter. Parnassus Investments LLC now owns 3,856,171 shares of the industrial products company's stock worth $1,541,967,000 after purchasing an additional 705,771 shares during the last quarter. Swedbank AB bought a new position in Deere & Company in the 1st quarter worth about $191,628,000. Mawer Investment Management Ltd. purchased a new position in shares of Deere & Company during the second quarter worth approximately $166,937,000. Dimensional Fund Advisors LP increased its position in shares of Deere & Company by 15.0% during the second quarter. Dimensional Fund Advisors LP now owns 2,146,441 shares of the industrial products company's stock worth $802,037,000 after acquiring an additional 279,627 shares during the period. Finally, Vanguard Group Inc. boosted its holdings in shares of Deere & Company by 1.2% in the first quarter. Vanguard Group Inc. now owns 21,988,363 shares of the industrial products company's stock valued at $9,031,500,000 after purchasing an additional 263,709 shares during the period. Hedge funds and other institutional investors own 68.58% of the company's stock.

Insider Transactions at Deere & Company

In other Deere & Company news, insider Cory J. Reed sold 13,370 shares of the company's stock in a transaction that occurred on Monday, June 24th. The stock was sold at an average price of $377.63, for a total transaction of $5,048,913.10. Following the sale, the insider now directly owns 41,642 shares in the company, valued at $15,725,268.46. The sale was disclosed in a document filed with the SEC, which is available at the SEC website. Insiders own 0.26% of the company's stock.

Deere & Company Dividend Announcement

The firm also recently disclosed a quarterly dividend, which will be paid on Friday, November 8th. Shareholders of record on Monday, September 30th will be paid a $1.47 dividend. The ex-dividend date of this dividend is Monday, September 30th. This represents a $5.88 dividend on an annualized basis and a dividend yield of 1.44%. Deere & Company's payout ratio is currently 17.70%.

Deere & Company Company Profile

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.