Deere & Company (DE) – Research Analysts’ Recent Ratings Updates

Several analysts have recently updated their ratings and price targets for Deere & Company (NYSE: DE):

• 4/8/2025 – Deere & Company had its price target lowered by analysts at Citigroup Inc. from $480.00 to $450.00. They now have a “neutral” rating on the stock.
• 4/7/2025 – Deere & Company had its price target lowered by analysts at UBS Group AG from $462.00 to $440.00. They now have a “neutral” rating on the stock.
• 4/6/2025 – Deere & Company was downgraded by analysts at StockNews.com from a “hold” rating to a “sell” rating.
• 3/29/2025 – Deere & Company was upgraded by analysts at StockNews.com from a “sell” rating to a “hold” rating.
• 3/7/2025 – Deere & Company was given a new $510.00 price target on by analysts at Argus.
• 3/3/2025 – Deere & Company had its “neutral” rating reaffirmed by analysts at Robert W. Baird. They now have a $501.00 price target on the stock.
• 3/3/2025 – Deere & Company was downgraded by analysts at Baird R W from a “strong-buy” rating to a “hold” rating.
• 3/1/2025 – Deere & Company was downgraded by analysts at StockNews.com from a “hold” rating to a “sell” rating.
• 2/20/2025 – Deere & Company was downgraded by analysts at StockNews.com from a “hold” rating to a “sell” rating.
• 2/19/2025 – Deere & Company had its price target raised by analysts at Evercore ISI from $437.00 to $455.00. They now have an “in-line” rating on the stock.
• 2/14/2025 – Deere & Company had its price target raised by analysts at Citigroup Inc. from $430.00 to $480.00. They now have a “neutral” rating on the stock.
• 2/14/2025 – Deere & Company had its “buy” rating reaffirmed by analysts at Truist Financial Co.. They now have a $546.00 price target on the stock, down previously from $550.00.

Deere & Company Stock Up 3.5 %

Shares of NYSE DE opened at $459.75 on Monday. Deere & Company has a 52-week low of $340.20 and a 52-week high of $515.05. The company has a debt-to-equity ratio of 1.94, a quick ratio of 1.98 and a current ratio of 2.22. The stock has a market cap of $124.78 billion, a P/E ratio of 20.38, a P/E/G ratio of 2.14 and a beta of 1.00. The firm has a 50 day moving average price of $470.92 and a 200 day moving average price of $443.51.

Deere & Company (NYSE:DE) last released its quarterly earnings data on Thursday, February 13th. The industrial products company reported $3.19 EPS for the quarter, beating analysts’ consensus estimates of $3.14 by $0.05. Deere & Company had a net margin of 12.94% and a return on equity of 27.31%. Analysts expect that Deere & Company will post 19.32 EPS for the current year.

Deere & Company Dividend Announcement

The firm also recently declared a quarterly dividend, which will be paid on Thursday, May 8th. Stockholders of record on Monday, March 31st will be given a dividend of $1.62 per share. This represents a $6.48 dividend on an annualized basis and a dividend yield of 1.41%. The ex-dividend date is Monday, March 31st. Deere & Company’s dividend payout ratio is currently 28.72%.

Insider Transactions at Deere & Company

In other news, insider Rajesh Kalathur sold 24,580 shares of the stock in a transaction 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 completion of the sale, the insider now owns 74,878 shares of the company’s stock, valued at $37,484,675.58. This 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 at this hyperlink. 0.29% of the stock is currently owned by insiders.

Institutional Investors Weigh In On Deere & Company

Several institutional investors have recently added to or reduced their stakes in the stock. Robertson Stephens Wealth Management LLC raised its stake in shares of Deere & Company by 2.2% in the 4th quarter. Robertson Stephens Wealth Management LLC now owns 1,002 shares of the industrial products company’s stock valued at $426,000 after purchasing an additional 22 shares during the period. DLK Investment Management LLC grew its holdings in shares of Deere & Company by 0.3% during the fourth quarter. DLK Investment Management LLC now owns 8,212 shares of the industrial products company’s stock worth $3,479,000 after buying an additional 24 shares in the last quarter. Quent Capital LLC raised its position in Deere & Company by 2.8% in the 4th quarter. Quent Capital LLC now owns 889 shares of the industrial products company’s stock valued at $377,000 after buying an additional 24 shares during the last quarter. Valeo Financial Advisors LLC lifted its stake in Deere & Company by 0.3% in the 4th quarter. Valeo Financial Advisors LLC now owns 8,019 shares of the industrial products company’s stock valued at $3,398,000 after acquiring an additional 24 shares in the last quarter. Finally, Douglas Lane & Associates LLC boosted its position in Deere & Company by 4.7% during the 4th quarter. Douglas Lane & Associates LLC now owns 557 shares of the industrial products company’s stock worth $236,000 after acquiring an additional 25 shares during the last quarter. 68.58% of the stock is owned by institutional investors.

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.