Brokers Set Expectations for Deere & Company Q3 Earnings

Deere & Company (NYSE:DE) – Stock analysts at DA Davidson issued their Q3 2025 earnings per share estimates for Deere & Company in a report issued 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 quarterly earnings results on Thursday, May 15th. The industrial products company reported $6.64 EPS for the quarter, topping analysts’ consensus estimates of $5.72 by $0.92. The firm had revenue of $11.17 billion during the quarter, compared to analyst estimates of $10.80 billion. Deere & Company had a return on equity of 27.31% and a net margin of 12.94%. The business’s revenue for the quarter was down 17.9% on a year-over-year basis. During the same period last year, the company earned $8.53 earnings per share.

Several other equities research analysts have also issued reports on the company. Citigroup lifted their price objective on Deere & Company from $450.00 to $550.00 and gave the company a “neutral” rating in a research note on Monday. Oppenheimer lifted their price objective on Deere & Company from $513.00 to $555.00 and gave the company an “outperform” rating in a research note on Friday, May 16th. Morgan Stanley lifted their price objective on Deere & Company from $450.00 to $500.00 and gave the company an “overweight” rating in a research note on Wednesday, April 16th. Barclays lifted their price objective on Deere & Company from $475.00 to $530.00 and gave the company an “overweight” rating in a research note on Friday, May 16th. Finally, The Goldman Sachs Group restated a “buy” rating on shares of Deere & Company in a research report on Thursday, May 15th. Thirteen analysts have rated the stock with a hold rating and seven have given a buy rating to the company’s stock. According to MarketBeat.com, the stock presently has an average rating of “Hold” and a consensus price target of $513.00.

Deere & Company Price Performance

NYSE:DE opened at $525.86 on Tuesday. The firm has a market capitalization of $142.73 billion, a price-to-earnings ratio of 23.31, a P/E/G ratio of 2.14 and a beta of 1.08. Deere & Company has a 52-week low of $340.20 and a 52-week high of $533.78. The stock has a fifty day moving average of $470.64 and a 200 day moving average of $456.41. The company has a debt-to-equity ratio of 1.94, a quick ratio of 1.98 and a current ratio of 2.22.

Deere & Company Dividend Announcement

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

Institutional Investors Weigh In On Deere & Company

A number of hedge funds and other institutional investors have recently modified their holdings of DE. Norges Bank bought a new stake in shares of Deere & Company in the 4th quarter valued at about $1,244,094,000. GAMMA Investing LLC lifted its stake in shares of Deere & Company by 61,215.9% in the 1st quarter. GAMMA Investing LLC now owns 1,753,022 shares of the industrial products company’s stock valued at $822,781,000 after acquiring an additional 1,750,163 shares during the last quarter. Castlekeep Investment Advisors LLC bought a new stake in shares of Deere & Company in the 4th quarter valued at about $541,437,000. Nuveen LLC bought a new stake in shares of Deere & Company in the 1st quarter valued at about $571,073,000. Finally, Price T Rowe Associates Inc. MD lifted its stake in shares of Deere & Company by 19.9% in the 4th quarter. Price T Rowe Associates Inc. MD now owns 6,589,760 shares of the industrial products company’s stock valued at $2,792,082,000 after acquiring an additional 1,095,736 shares during the last quarter. Institutional investors own 68.58% of the company’s stock.

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.