Zacks Research Expects Weaker Earnings for Deere & Company

Deere & Company (NYSE:DE - Free Report) - Stock analysts at Zacks Research lowered their Q2 2025 earnings per share (EPS) estimates for Deere & Company in a research note issued to investors on Thursday, April 10th. Zacks Research analyst M. Das now anticipates that the industrial products company will post earnings per share of $5.53 for the quarter, down from their previous estimate of $5.56. The consensus estimate for Deere & Company's current full-year earnings is $19.32 per share. Zacks Research also issued estimates for Deere & Company's Q3 2025 earnings at $5.41 EPS, Q4 2025 earnings at $4.73 EPS, FY2025 earnings at $18.86 EPS, Q1 2026 earnings at $3.52 EPS, Q3 2026 earnings at $5.44 EPS, FY2026 earnings at $19.91 EPS, Q1 2027 earnings at $4.55 EPS and FY2027 earnings at $23.72 EPS.

A number of other equities research analysts have also recently weighed in on DE. UBS Group reduced their price objective on Deere & Company from $462.00 to $440.00 and set a "neutral" rating for the company in a research note on Monday, April 7th. JPMorgan Chase & Co. raised their price objective on shares of Deere & Company from $470.00 to $500.00 and gave the company a "neutral" rating in a research note on Monday, February 10th. Baird R W downgraded shares of Deere & Company from a "strong-buy" rating to a "hold" rating in a research report on Monday, March 3rd. Robert W. Baird reaffirmed a "neutral" rating and issued a $501.00 price objective on shares of Deere & Company in a research note on Monday, March 3rd. Finally, Oppenheimer upped their target price on Deere & Company from $477.00 to $507.00 and gave the company an "outperform" rating in a research note on Tuesday, January 28th. One equities research analyst has rated the stock with a sell rating, thirteen have given a hold rating and eight have assigned a buy rating to the stock. According to data from MarketBeat, the company has a consensus rating of "Hold" and a consensus target price of $459.89.

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Deere & Company Stock Down 1.8 %

Shares of NYSE:DE traded down $8.11 during trading on Friday, hitting $453.15. 430,864 shares of the company were exchanged, compared to its average volume of 1,506,502. The firm's 50 day moving average price is $470.85 and its 200-day moving average price is $443.98. The stock has a market capitalization of $122.99 billion, a P/E ratio of 20.09, a PEG ratio of 2.14 and a beta of 1.00. Deere & Company has a 12-month low of $340.20 and a 12-month high of $515.05. The company has a debt-to-equity ratio of 1.94, a current ratio of 2.22 and a quick ratio of 1.98.

Deere & Company (NYSE:DE - Get Free Report) last posted its quarterly earnings results on Thursday, February 13th. The industrial products company reported $3.19 EPS for the quarter, topping the consensus estimate of $3.14 by $0.05. Deere & Company had a net margin of 12.94% and a return on equity of 27.31%.

Institutional Inflows and Outflows

A number of hedge funds have recently made changes to their positions in the stock. Pineridge Advisors LLC raised its holdings in Deere & Company by 60.5% in the 4th quarter. Pineridge Advisors LLC now owns 69 shares of the industrial products company's stock worth $29,000 after acquiring an additional 26 shares during the period. Modus Advisors LLC acquired a new stake in Deere & Company in the 4th quarter valued at approximately $32,000. YANKCOM Partnership acquired a new position in shares of Deere & Company during the fourth quarter worth approximately $34,000. Orion Capital Management LLC bought a new position in Deere & Company during the fourth quarter worth $34,000. Finally, Synergy Asset Management LLC acquired a new position in shares of Deere & Company during the fourth quarter valued at about $35,000. Institutional investors and hedge funds own 68.58% of the company's stock.

Insiders Place Their Bets

In related news, insider Rajesh Kalathur sold 24,580 shares of the firm's stock in a transaction that occurred on Tuesday, February 18th. The shares were sold at an average price of $500.61, for a total transaction of $12,304,993.80. Following the transaction, the insider now owns 74,878 shares of the company's stock, valued at approximately $37,484,675.58. This trade represents a 24.71 % decrease in their ownership of the stock. The sale was disclosed in a legal filing with the Securities & Exchange Commission, which is available through the SEC website. Insiders own 0.29% of the company's stock.

Deere & Company Announces Dividend

The company also recently disclosed a quarterly dividend, which will be paid on Thursday, May 8th. Investors of record on Monday, March 31st will be given a dividend of $1.62 per share. The ex-dividend date of this dividend is Monday, March 31st. This represents a $6.48 dividend on an annualized basis and a yield of 1.43%. Deere & Company's payout ratio is 28.72%.

About Deere & Company

Deere & Co engages in the manufacture and distribution of equipment used in agriculture, construction, forestry, and turf care. It operates through the following segments: Agriculture and Turf, Construction and Forestry, and Financial Services. The Agriculture and Turf segment focuses on the distribution and manufacture of a full line of agriculture and turf equipment and related service parts.