Zacks Research Boosts Earnings Estimates for Deere & Company

Deere & Company (NYSE:DE) – Equities researchers at Zacks Research upped their Q1 2026 earnings estimates for Deere & Company in a note issued to investors on Tuesday, June 24th. Zacks Research analyst M. Das now anticipates that the industrial products company will post earnings of $3.48 per share for the quarter, up from their previous forecast of $3.46. 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 Q2 2026 earnings at $5.80 EPS, Q2 2027 earnings at $6.81 EPS and FY2027 earnings at $23.56 EPS.

Several other analysts have also issued reports on the stock. Raymond James Financial boosted their price target on shares of Deere & Company from $530.00 to $560.00 and gave the company an “outperform” rating in a research report on Friday, May 16th. Melius raised shares of Deere & Company from a “hold” rating to a “buy” rating in a research note on Friday, June 6th. UBS Group reduced their price objective on shares of Deere & Company from $462.00 to $440.00 and set a “neutral” rating for the company in a research note on Monday, April 7th. Morgan Stanley boosted their price objective on shares of Deere & Company from $450.00 to $500.00 and gave the company an “overweight” rating in a research note on Wednesday, April 16th. Finally, Truist Financial boosted their price objective on shares of Deere & Company from $546.00 to $619.00 and gave the company a “buy” rating in a research note on Friday, May 16th. One analyst has rated the stock with a sell rating, twelve have given a hold rating, eight have given a buy rating and one has issued a strong buy rating to the company’s stock. According to MarketBeat.com, the company currently has an average rating of “Hold” and a consensus target price of $515.19.

Deere & Company Stock Performance

NYSE DE opened at $508.34 on Thursday. The company’s 50 day moving average is $499.31 and its 200-day moving average is $472.26. Deere & Company has a 12-month low of $340.20 and a 12-month high of $533.78. The company has a quick ratio of 1.89, a current ratio of 2.11 and a debt-to-equity ratio of 1.76. The firm has a market cap of $137.67 billion, a P/E ratio of 24.59, a price-to-earnings-growth ratio of 3.21 and a beta of 1.09.

Deere & Company (NYSE:DE) last posted its quarterly earnings results on Thursday, May 15th. The industrial products company reported $6.64 earnings per share (EPS) for the quarter, beating the consensus estimate of $5.72 by $0.92. Deere & Company had a net margin of 12.40% and a return on equity of 24.39%. The company had revenue of $11.17 billion for the quarter, compared to analyst estimates of $10.80 billion. During the same quarter in the previous year, the firm posted $8.53 earnings per share. The company’s quarterly revenue was down 17.9% compared to the same quarter last year.

Institutional Inflows and Outflows

Institutional investors have recently modified their holdings of the business. Activest Wealth Management boosted its holdings in shares of Deere & Company by 2,750.0% during the 1st quarter. Activest Wealth Management now owns 57 shares of the industrial products company’s stock valued at $27,000 after acquiring an additional 55 shares during the last quarter. Hughes Financial Services LLC purchased a new stake in shares of Deere & Company during the 1st quarter valued at about $29,000. Cornerstone Planning Group LLC boosted its holdings in shares of Deere & Company by 116.1% during the 1st quarter. Cornerstone Planning Group LLC now owns 67 shares of the industrial products company’s stock valued at $31,000 after acquiring an additional 36 shares during the last quarter. Orion Capital Management LLC purchased a new stake in shares of Deere & Company during the 4th quarter valued at about $34,000. Finally, Mascagni Wealth Management Inc. purchased a new stake in shares of Deere & Company during the 4th quarter valued at about $39,000. 68.58% of the stock is currently owned by institutional investors.

Deere & Company Announces Dividend

The firm also recently declared a quarterly dividend, which will be paid on Friday, August 8th. Investors of record on Monday, June 30th will be paid a $1.62 dividend. The ex-dividend date of this dividend is Monday, June 30th. This represents a $6.48 annualized dividend and a dividend yield of 1.27%. Deere & Company’s payout ratio is 31.35%.

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.