Analysts Issue Forecasts for Deere & Company Q2 Earnings

Deere & Company (NYSE:DE - Free Report) - Equities researchers at Zacks Research cut their Q2 2025 earnings estimates for Deere & Company in a report released on Wednesday, December 11th. Zacks Research analyst M. Das now expects that the industrial products company will post earnings per share of $5.58 for the quarter, down from their previous forecast of $6.05. 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 Q4 2025 earnings at $4.63 EPS, Q3 2026 earnings at $5.68 EPS, Q4 2026 earnings at $5.23 EPS and FY2027 earnings at $23.31 EPS.

DE has been the subject of several other reports. Evercore ISI boosted their target price on shares of Deere & Company from $371.00 to $378.00 and gave the company an "in-line" rating in a research note on Monday, August 19th. Truist Financial increased their target price on shares of Deere & Company from $496.00 to $538.00 and gave the stock a "buy" rating in a research note on Friday, November 22nd. Hsbc Global Res lowered Deere & Company from a "strong-buy" rating to a "hold" rating in a research note on Monday, August 19th. JPMorgan Chase & Co. increased their price target on Deere & Company from $420.00 to $450.00 and gave the stock a "neutral" rating in a research report on Friday, November 22nd. Finally, Oppenheimer boosted their price objective on Deere & Company from $448.00 to $477.00 and gave the company an "outperform" rating in a research report on Friday, November 22nd. Thirteen analysts have rated the stock with a hold rating and nine have issued a buy rating to the company's stock. Based on data from MarketBeat, the stock presently has a consensus rating of "Hold" and a consensus price target of $443.28.

Deere & Company Stock Performance

Shares of NYSE DE traded up $0.63 during mid-day trading on Friday, hitting $440.11. The stock had a trading volume of 445,930 shares, compared to its average volume of 1,437,325. The firm has a market cap of $120.41 billion, a PE ratio of 17.17, a PEG ratio of 1.91 and a beta of 0.96. The company has a debt-to-equity ratio of 1.89, a quick ratio of 1.90 and a current ratio of 2.09. The company has a 50 day moving average of $419.96 and a two-hundred day moving average of $392.05. Deere & Company has a twelve month low of $340.20 and a twelve month high of $469.39.

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

Deere & Company Increases Dividend

The firm also recently announced a quarterly dividend, which will be paid on Monday, February 10th. Shareholders of record on Tuesday, December 31st will be given a $1.62 dividend. The ex-dividend date of this dividend is Tuesday, December 31st. This represents a $6.48 dividend on an annualized basis and a yield of 1.47%. This is an increase from Deere & Company's previous quarterly dividend of $1.47. Deere & Company's payout ratio is currently 22.97%.

Institutional Trading of Deere & Company

Institutional investors and hedge funds have recently added to or reduced their stakes in the company. Stockbridge Partners LLC boosted its position in Deere & Company by 157.5% in the 3rd quarter. Stockbridge Partners LLC now owns 884,237 shares of the industrial products company's stock valued at $369,019,000 after buying an additional 540,874 shares during the period. Oppenheimer Asset Management Inc. boosted its holdings in Deere & Company by 20.5% in the second quarter. Oppenheimer Asset Management Inc. now owns 15,808 shares of the industrial products company's stock valued at $5,906,000 after purchasing an additional 2,692 shares during the period. Chase Investment Counsel Corp grew its stake in Deere & Company by 53.8% during the 3rd quarter. Chase Investment Counsel Corp now owns 4,000 shares of the industrial products company's stock worth $1,669,000 after purchasing an additional 1,400 shares in the last quarter. Balentine LLC purchased a new stake in Deere & Company during the 3rd quarter worth about $710,000. Finally, Toronto Dominion Bank raised its position in Deere & Company by 1.5% in the 3rd quarter. Toronto Dominion Bank now owns 86,952 shares of the industrial products company's stock valued at $36,288,000 after purchasing an additional 1,291 shares in the last quarter. Hedge funds and other institutional investors own 68.58% of the company's stock.

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.