Brokers Set Expectations for Deere & Company Q3 Earnings

Deere & Company (NYSE:DE) – Equities researchers at DA Davidson issued their Q3 2025 earnings per share (EPS) estimates for shares of Deere & Company in a research report issued to clients and investors on Monday, May 19th. DA Davidson analyst M. Shlisky expects that the industrial products company will earn $4.54 per share for the quarter. DA Davidson has a “Buy” rating and a $542.00 price objective on the stock. The consensus estimate for Deere & Company’s current full-year earnings is $19.32 per share. DA Davidson also issued estimates for Deere & Company’s FY2025 earnings at $18.67 EPS.

Deere & Company (NYSE:DE) last posted its earnings results on Thursday, May 15th. The industrial products company reported $6.64 earnings per share for the quarter, topping analysts’ consensus estimates of $5.72 by $0.92. Deere & Company had a return on equity of 27.31% and a net margin of 12.94%. The firm had revenue of $11.17 billion for the quarter, compared to the consensus estimate of $10.80 billion. During the same quarter in the prior year, the business earned $8.53 EPS. The business’s revenue for the quarter was down 17.9% on a year-over-year basis.

DE has been the topic of several other research reports. Barclays upped their price target on Deere & Company from $475.00 to $530.00 and gave the stock an “overweight” rating in a research note on Friday, May 16th. The Goldman Sachs Group reissued a “buy” rating on shares of Deere & Company in a report on Thursday, May 15th. Baird R W cut Deere & Company from a “strong-buy” rating to a “hold” rating in a report on Monday, March 3rd. Truist Financial increased their price target on Deere & Company from $546.00 to $619.00 and gave the company a “buy” rating in a report on Friday, May 16th. Finally, Argus set a $510.00 price target on Deere & Company in a report on Friday, March 7th. Thirteen equities research analysts have rated the stock with a hold rating and seven 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 an average price target of $513.00.

Deere & Company Stock Performance

Deere & Company stock opened at $525.86 on Tuesday. The company has a quick ratio of 1.98, a current ratio of 2.22 and a debt-to-equity ratio of 1.94. The company has a market capitalization of $142.73 billion, a P/E ratio of 23.31, a PEG ratio of 2.14 and a beta of 1.08. The stock’s 50 day moving average is $470.64 and its 200 day moving average is $456.41. Deere & Company has a twelve month low of $340.20 and a twelve month high of $533.78.

Hedge Funds Weigh In On Deere & Company

A number of institutional investors have recently bought and sold shares of the stock. Merit Financial Group LLC increased its stake in Deere & Company by 11.8% in the 4th quarter. Merit Financial Group LLC now owns 8,464 shares of the industrial products company’s stock worth $3,586,000 after buying an additional 890 shares in the last quarter. Smith Salley Wealth Management increased its stake in Deere & Company by 8.7% in the 4th quarter. Smith Salley Wealth Management now owns 735 shares of the industrial products company’s stock worth $312,000 after buying an additional 59 shares in the last quarter. Grove Bank & Trust increased its stake in Deere & Company by 2.6% in the 4th quarter. Grove Bank & Trust now owns 1,601 shares of the industrial products company’s stock worth $678,000 after buying an additional 41 shares in the last quarter. Mandatum Life Insurance Co Ltd increased its stake in Deere & Company by 37.5% in the 4th quarter. Mandatum Life Insurance Co Ltd now owns 2,938 shares of the industrial products company’s stock worth $1,245,000 after buying an additional 801 shares in the last quarter. Finally, Mechanics Bank Trust Department increased its stake in Deere & Company by 23.8% in the 4th quarter. Mechanics Bank Trust Department now owns 1,776 shares of the industrial products company’s stock worth $752,000 after buying an additional 342 shares in the last quarter. 68.58% of the stock is owned by institutional investors.

Deere & Company Announces Dividend

The business also recently announced a quarterly dividend, which was paid on Thursday, May 8th. Investors of record on Monday, March 31st were issued a $1.62 dividend. The ex-dividend date of this dividend was Monday, March 31st. This represents a $6.48 dividend on an annualized basis and a yield of 1.23%. Deere & Company’s dividend payout ratio is currently 28.72%.

Deere & Company Company Profile

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.