Deere & Company Q1 EPS Estimate Reduced by Zacks Research

Deere & Company (NYSE:DE - Free Report) - Stock analysts at Zacks Research dropped their Q1 2025 earnings estimates for shares of Deere & Company in a research report issued on Wednesday, December 11th. Zacks Research analyst M. Das now anticipates that the industrial products company will earn $3.24 per share for the quarter, down from their previous forecast of $4.07. The consensus estimate for Deere & Company's current full-year earnings is $19.52 per share. Zacks Research also issued estimates for Deere & Company's Q3 2025 earnings at $5.28 EPS, FY2025 earnings at $18.73 EPS, Q1 2026 earnings at $4.13 EPS, Q2 2026 earnings at $6.22 EPS and FY2026 earnings at $21.27 EPS.

Other analysts have also recently issued research reports about the company. Citigroup upped their price target on Deere & Company from $460.00 to $470.00 and gave the stock a "neutral" rating in a research report on Monday, December 9th. HSBC lowered shares of Deere & Company from a "buy" rating to a "hold" rating in a report on Monday, August 19th. Barclays lifted their price target on shares of Deere & Company from $400.00 to $475.00 and gave the company an "overweight" rating in a report on Friday, November 22nd. Hsbc Global Res cut shares of Deere & Company from a "strong-buy" rating to a "hold" rating in a research note on Monday, August 19th. Finally, Truist Financial lifted their target price on shares of Deere & Company from $496.00 to $538.00 and gave the company a "buy" rating in a research note on Friday, November 22nd. Thirteen analysts have rated the stock with a hold rating and nine have assigned a buy rating to the company's stock. According to data from MarketBeat.com, the stock presently has an average rating of "Hold" and an average target price of $443.28.

Deere & Company Stock Performance

Deere & Company stock traded down $2.05 during trading on Monday, reaching $438.39. The company had a trading volume of 956,842 shares, compared to its average volume of 1,437,318. The firm has a market capitalization of $119.94 billion, a price-to-earnings ratio of 17.20, a price-to-earnings-growth ratio of 1.91 and a beta of 0.96. The company has a current ratio of 2.09, a quick ratio of 1.90 and a debt-to-equity ratio of 1.89. The firm's 50-day simple moving average is $420.61 and its 200 day simple moving average is $392.86. Deere & Company has a 52 week low of $340.20 and a 52 week high of $469.39.

Deere & Company (NYSE:DE - Get Free Report) last announced its earnings results on Thursday, November 21st. The industrial products company reported $4.55 EPS for the quarter, beating analysts' consensus estimates of $3.89 by $0.66. The business had revenue of $9.28 billion during the quarter, compared to analysts' expectations of $9.20 billion. Deere & Company had a net margin of 13.73% and a return on equity of 31.32%. The firm's revenue was down 32.8% on a year-over-year basis. During the same period in the prior year, the company earned $8.26 earnings per share.

Institutional Trading of Deere & Company

Several hedge funds have recently made changes to their positions in the business. Fairscale Capital LLC purchased a new stake in Deere & Company during the 2nd quarter valued at $26,000. Livelsberger Financial Advisory purchased a new stake in shares of Deere & Company in the third quarter valued at $32,000. Centennial Bank AR lifted its holdings in shares of Deere & Company by 420.0% in the 2nd quarter. Centennial Bank AR now owns 104 shares of the industrial products company's stock worth $39,000 after acquiring an additional 84 shares during the last quarter. Continuum Advisory LLC boosted its stake in shares of Deere & Company by 155.8% during the 3rd quarter. Continuum Advisory LLC now owns 110 shares of the industrial products company's stock worth $43,000 after purchasing an additional 67 shares during the period. Finally, Briaud Financial Planning Inc grew its holdings in Deere & Company by 73.5% during the 2nd quarter. Briaud Financial Planning Inc now owns 118 shares of the industrial products company's stock valued at $44,000 after purchasing an additional 50 shares during the last quarter. 68.58% of the stock is currently owned by hedge funds and other institutional investors.

Deere & Company Increases Dividend

The firm also recently declared a quarterly dividend, which will be paid on Monday, February 10th. Investors of record on Tuesday, December 31st will be given a $1.62 dividend. This represents a $6.48 annualized dividend and a yield of 1.48%. The ex-dividend date of this dividend is Tuesday, December 31st. This is a boost from Deere & Company's previous quarterly dividend of $1.47. Deere & Company's payout ratio is currently 25.31%.

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.