Jefferies Financial Group upgraded shares of Deere & Company (NYSE:DE – Free Report) from an underperform rating to a hold rating in a report released on Wednesday morning, MarketBeat Ratings reports. They currently have $550.00 target price on the industrial products company’s stock.
DE has been the subject of a number of other research reports. Raymond James Financial restated an “outperform” rating and set a $765.00 price objective on shares of Deere & Company in a report on Monday, February 23rd. Weiss Ratings restated a “hold (c+)” rating on shares of Deere & Company in a report on Monday, December 29th. UBS Group boosted their price objective on shares of Deere & Company from $535.00 to $775.00 and gave the company a “buy” rating in a report on Friday, February 20th. Oppenheimer reaffirmed an “outperform” rating and issued a $715.00 price target on shares of Deere & Company in a research note on Friday, February 20th. Finally, Robert W. Baird cut their price target on shares of Deere & Company from $675.00 to $580.00 and set a “neutral” rating on the stock in a research note on Thursday, April 2nd. Sixteen research analysts have rated the stock with a Buy rating and nine have given a Hold rating to the stock. According to data from MarketBeat.com, the stock has an average rating of “Moderate Buy” and an average price target of $655.45.
View Our Latest Stock Report on Deere & Company
Deere & Company Stock Down 2.3%
Deere & Company (NYSE:DE – Get Free Report) last issued its quarterly earnings data on Thursday, February 19th. The industrial products company reported $2.42 earnings per share (EPS) for the quarter, beating analysts’ consensus estimates of $1.90 by $0.52. The firm had revenue of $9.61 billion during the quarter, compared to analysts’ expectations of $7.50 billion. Deere & Company had a net margin of 10.29% and a return on equity of 18.93%. The business’s revenue for the quarter was up 17.5% on a year-over-year basis. During the same quarter in the previous year, the company earned $3.19 earnings per share. Analysts expect that Deere & Company will post 19.32 EPS for the current year.
Deere & Company Dividend Announcement
The company also recently announced a quarterly dividend, which will be paid on Friday, May 8th. Shareholders of record on Tuesday, March 31st will be paid a $1.62 dividend. The ex-dividend date is Tuesday, March 31st. This represents a $6.48 annualized dividend and a yield of 1.1%. Deere & Company’s payout ratio is presently 36.53%.
Insider Buying and Selling
In other Deere & Company news, insider Cory J. Reed sold 12,000 shares of the business’s stock in a transaction that occurred on Wednesday, January 14th. The stock was sold at an average price of $510.00, for a total value of $6,120,000.00. Following the sale, the insider owned 20,792 shares in the company, valued at approximately $10,603,920. The trade was a 36.59% decrease in their position. The transaction was disclosed in a legal filing with the SEC, which is accessible through this link. Insiders own 0.29% of the company’s stock.
Institutional Inflows and Outflows
Several large investors have recently added to or reduced their stakes in DE. Brighton Jones LLC boosted its holdings in Deere & Company by 39.1% during the fourth quarter. Brighton Jones LLC now owns 4,548 shares of the industrial products company’s stock worth $1,927,000 after purchasing an additional 1,278 shares during the last quarter. Schnieders Capital Management LLC. boosted its holdings in Deere & Company by 7.8% during the second quarter. Schnieders Capital Management LLC. now owns 2,076 shares of the industrial products company’s stock worth $1,056,000 after purchasing an additional 150 shares during the last quarter. Jump Financial LLC acquired a new position in Deere & Company during the second quarter worth $2,153,000. SVB Wealth LLC acquired a new position in Deere & Company during the second quarter worth $1,282,000. Finally, Certuity LLC boosted its holdings in Deere & Company by 6.0% during the second quarter. Certuity LLC now owns 862 shares of the industrial products company’s stock worth $438,000 after purchasing an additional 49 shares during the last quarter. Institutional investors and hedge funds own 68.58% of the company’s stock.
Deere & Company News Summary
Here are the key news stories impacting Deere & Company this week:
- Positive Sentiment: Barclays kept an Overweight rating and raised its price target to $640, signaling more upside from current levels as the firm updates machinery-sector expectations. Barclays Maintains an Overweight Rating on Deere & Company (DE)
- Positive Sentiment: An analyst raised Deere’s FY2026 EPS forecast, reflecting stronger forward earnings visibility which supports longer-term valuation. FY2026 EPS Forecast for Deere & Company Lifted by Analyst
- Positive Sentiment: Operational tailwinds: coverage highlights ~50% order growth tied to data‑center construction demand and signs that the ag cycle is stabilizing — a diversification of end markets that can sustain equipment sales. The Green Machine Finds a Second Gear as AI Data Centers Drive 50% Order Growth
- Neutral Sentiment: Broader coverage pieces note Deere has outperformed the market recently; that momentum supports investor interest but also raises the risk of profit-taking. Deere (DE) Exceeds Market Returns: Some Facts to Consider
- Neutral Sentiment: Jefferies moved its rating to “Hold,” reflecting mixed near-term expectations even as Deere’s fundamentals remain solid. Deere & Company Raised to “Hold” at Jefferies Financial Group
- Negative Sentiment: Legal/PR hit: Deere agreed to a $99M class-action settlement over “right-to-repair” claims and will make repair software more widely available. The payment and reputational fallout likely pressured sentiment despite the settlement limiting future liability. Deere agrees to pay $99M in ‘right to repair’ settlement
- Negative Sentiment: JPMorgan lifted its price target modestly to $550 but kept a Neutral rating — the new target implies limited upside from recent levels, which can prompt profit-taking by investors who bought the run-up. JPMorgan Adjusts Price Target on Deere to $550
About Deere & Company
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.
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