Deere & Company (NYSE:DE) Upgraded by Wall Street Zen to “Hold” Rating

Wall Street Zen upgraded shares of Deere & Company (NYSE:DE) from a sell rating to a hold rating in a research note published on Saturday morning.

Several other brokerages also recently commented on DE. Evercore reiterated a “positive” rating on shares of Deere & Company in a report on Friday, November 28th. Morgan Stanley reaffirmed an “overweight” rating and set a $560.00 target price on shares of Deere & Company in a research note on Tuesday, December 9th. Weiss Ratings reiterated a “hold (c+)” rating on shares of Deere & Company in a report on Monday, December 29th. Wolfe Research raised their price target on Deere & Company from $520.00 to $550.00 and gave the stock an “outperform” rating in a research note on Friday, January 2nd. Finally, Zacks Research raised Deere & Company from a “strong sell” rating to a “hold” rating in a research report on Wednesday, December 3rd. Fifteen equities 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, the company currently has a consensus rating of “Moderate Buy” and a consensus target price of $524.20.

Deere & Company Stock Performance

NYSE DE opened at $583.66 on Friday. The company has a market cap of $158.21 billion, a P/E ratio of 31.53, a P/E/G ratio of 2.33 and a beta of 1.02. The company has a debt-to-equity ratio of 1.68, a quick ratio of 2.01 and a current ratio of 2.22. The business’s 50 day moving average price is $495.23 and its 200-day moving average price is $484.31. Deere & Company has a fifty-two week low of $404.42 and a fifty-two week high of $584.06.

Deere & Company (NYSE:DE) last issued its quarterly earnings results on Wednesday, November 26th. The industrial products company reported $3.93 earnings per share (EPS) for the quarter, missing analysts’ consensus estimates of $3.96 by ($0.03). Deere & Company had a return on equity of 20.54% and a net margin of 11.00%.The company had revenue of $12.39 billion during the quarter, compared to the consensus estimate of $9.77 billion. During the same quarter in the prior year, the business earned $4.55 earnings per share. The firm’s quarterly revenue was up 14.1% compared to the same quarter last year. Sell-side analysts predict that Deere & Company will post 19.32 earnings per share for the current year.

Deere & Company Dividend Announcement

The company also recently announced a quarterly dividend, which will be paid on Monday, February 9th. Shareholders of record on Wednesday, December 31st will be given a dividend of $1.62 per share. The ex-dividend date of this dividend is Wednesday, December 31st. This represents a $6.48 dividend on an annualized basis and a yield of 1.1%. Deere & Company’s payout ratio is 35.01%.

Insider Buying and Selling at Deere & Company

In other news, insider Cory J. Reed sold 12,000 shares of the stock in a transaction on Wednesday, January 14th. The stock was sold at an average price of $510.00, for a total transaction of $6,120,000.00. Following the transaction, the insider owned 20,792 shares of the company’s stock, valued at approximately $10,603,920. This represents a 36.59% decrease in their position. The transaction was disclosed in a filing with the Securities & Exchange Commission, which can be accessed through this link. Also, CEO John C. May II sold 41,472 shares of the firm’s stock in a transaction on Thursday, January 8th. The shares were sold at an average price of $501.49, for a total value of $20,797,793.28. Following the transaction, the chief executive officer owned 117,970 shares in the company, valued at approximately $59,160,775.30. This represents a 26.01% decrease in their position. The disclosure for this sale is available in the SEC filing. Insiders sold a total of 64,578 shares of company stock valued at $32,471,682 over the last quarter. Company insiders own 0.29% of the company’s stock.

Institutional Investors Weigh In On Deere & Company

Hedge funds have recently modified their holdings of the business. Associated Banc Corp lifted its holdings in Deere & Company by 2.6% during the fourth quarter. Associated Banc Corp now owns 1,076 shares of the industrial products company’s stock worth $501,000 after buying an additional 27 shares during the period. Karras Company Inc. bought a new position in shares of Deere & Company in the 4th quarter worth $486,000. RD Lewis Holdings Inc. lifted its stake in shares of Deere & Company by 5.4% during the 4th quarter. RD Lewis Holdings Inc. now owns 2,785 shares of the industrial products company’s stock worth $1,297,000 after purchasing an additional 143 shares during the last quarter. Evoke Wealth LLC lifted its stake in shares of Deere & Company by 2.5% during the 4th quarter. Evoke Wealth LLC now owns 830 shares of the industrial products company’s stock worth $388,000 after purchasing an additional 20 shares during the last quarter. Finally, Axxcess Wealth Management LLC boosted its position in Deere & Company by 89.1% during the fourth quarter. Axxcess Wealth Management LLC now owns 13,532 shares of the industrial products company’s stock valued at $6,300,000 after purchasing an additional 6,377 shares in the last quarter. Hedge funds and other institutional investors 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: Deere announced two new U.S. manufacturing facilities, expanding domestic capacity and supply-chain flexibility to support rising demand for ag and construction equipment — a clear long-term revenue/capacity positive. John Deere Expands US Manufacturing with Two New Facilities
• Positive Sentiment: Deere is investing $30M in Seeding Works, its oldest factory, signaling targeted capex to modernize production and preserve manufacturing footprint — supportive for supply reliability and investor confidence. Deere invests $30M in Seeding Works, company’s oldest factory
• Positive Sentiment: DE hit an all-time high, reflecting strong momentum and buyer demand; technicals and price leadership often attract momentum and institutional flows. Deere and Company stock hits all-time high
• Positive Sentiment: Investor’s Business Daily reports Deere received an RS (relative strength) rating lift — a technical upgrade that can pull in momentum-focused investors and ETFs. Farm Machinery Deere Stock Gets RS Rating Lift
• Positive Sentiment: Coverage on Deere’s push into autonomous/self-driving tractors and “backdoor” AI exposure highlights a high-growth optionality for future margins and recurring software/services revenue. This “Backdoor” AI Stock Is Betting Big on … Self-Driving Tractors?!
• Positive Sentiment: Zacks notes last session’s share jump (up ~4.1%) on above-average volume and favorable earnings-estimate revision trends, suggesting analysts and traders are becoming more bullish. Deere (DE) Soars 4.1%: Is Further Upside Left in the Stock?
• Neutral Sentiment: Zacks published a “what to know” piece explaining why DE is a trending name — useful context for retail interest but not a direct fundamental catalyst. Here is What to Know Beyond Why Deere & Company (DE) is a Trending Stock
• Neutral Sentiment: Deere is expected to report quarterly earnings soon — the report is a potential near-term catalyst that could reinforce the rally or trigger consolidation depending on guidance and margins. Deere & Company (DE) Expected to Announce Quarterly Earnings on Thursday
• Neutral Sentiment: The EPA’s response to Deere’s request on farmers’ right-to-repair is in the news; regulatory outcomes create uncertainty around end-customer relations and aftermarket service models but the present impact remains unclear. EPA responds to John Deere’s request on farmers’ right to repair nonroad diesel equipment

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.