Deere & Company Q3 EPS Estimate Boosted by Zacks Research

Deere & Company (NYSE:DE) – Zacks Research boosted their Q3 2026 earnings per share (EPS) estimates for Deere & Company in a report released on Tuesday, June 24th. Zacks Research analyst M. Das now anticipates that the industrial products company will earn $5.03 per share for the quarter, up from their previous forecast of $5.02. 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 Q4 2026 earnings at $5.02 EPS, FY2026 earnings at $19.32 EPS and Q1 2027 earnings at $4.41 EPS.

DE has been the subject of several other reports. Evercore ISI upped their price objective on Deere & Company from $455.00 to $493.00 and gave the stock an “in-line” rating in a research report on Monday, May 19th. Argus set a $510.00 price objective on Deere & Company in a research report on Friday, March 7th. Melius Research raised Deere & Company from a “hold” rating to a “strong-buy” rating in a research report on Friday, June 6th. BMO Capital Markets reaffirmed a “market perform” rating and set a $460.00 price objective (up from $425.00) on shares of Deere & Company in a research report on Wednesday, May 21st. Finally, The Goldman Sachs Group reaffirmed a “buy” rating on shares of Deere & Company in a research report on Thursday, May 15th. One research analyst has rated the stock with a sell rating, twelve have given a hold rating, eight have issued a buy rating and one has given a strong buy rating to the company. According to data from MarketBeat, the company presently has an average rating of “Hold” and an average price target of $515.19.

Deere & Company Stock Up 1.0%

DE stock opened at $513.46 on Friday. The company has a debt-to-equity ratio of 1.76, a current ratio of 2.11 and a quick ratio of 1.89. The stock has a market capitalization of $139.06 billion, a P/E ratio of 24.84, a P/E/G ratio of 3.23 and a beta of 1.09. The business has a 50-day moving average of $500.54 and a 200-day moving average of $472.74. Deere & Company has a fifty-two week low of $340.20 and a fifty-two week high of $533.78.

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

Deere & Company Dividend Announcement

The firm also recently disclosed a quarterly dividend, which will be paid on Friday, August 8th. Stockholders of record on Monday, June 30th will be given a $1.62 dividend. The ex-dividend date is Monday, June 30th. This represents a $6.48 dividend on an annualized basis and a dividend yield of 1.26%. Deere & Company’s payout ratio is 31.35%.

Institutional Trading of Deere & Company

Hedge funds have recently made changes to their positions in the business. Activest Wealth Management lifted its position in shares of Deere & Company by 2,750.0% in the first quarter. Activest Wealth Management now owns 57 shares of the industrial products company’s stock valued at $27,000 after buying an additional 55 shares during the last quarter. Hughes Financial Services LLC acquired a new stake in shares of Deere & Company in the first quarter valued at approximately $29,000. Cornerstone Planning Group LLC lifted its position in shares of Deere & Company by 116.1% in the first quarter. Cornerstone Planning Group LLC now owns 67 shares of the industrial products company’s stock valued at $31,000 after buying an additional 36 shares during the last quarter. Orion Capital Management LLC acquired a new stake in shares of Deere & Company in the fourth quarter valued at approximately $34,000. Finally, Mascagni Wealth Management Inc. acquired a new stake in shares of Deere & Company in the fourth quarter valued at approximately $39,000. 68.58% of the stock is owned by institutional investors and hedge funds.

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.