Deere & Company (NYSE:DE) Stock Rating Upgraded by Wall Street Zen

Deere & Company (NYSE:DE) was upgraded by equities research analysts at Wall Street Zen from a “sell” rating to a “hold” rating in a research report issued on Saturday.

DE has been the topic of several other research reports. Royal Bank Of Canada cut their price objective on Deere & Company from $542.00 to $541.00 and set an “outperform” rating on the stock in a research report on Friday, November 28th. Keefe, Bruyette & Woods restated an “outperform” rating on shares of Deere & Company in a research report on Monday, December 1st. Daiwa Securities Group decreased their price objective on shares of Deere & Company from $530.00 to $520.00 and set an “outperform” rating for the company in a report on Tuesday, December 2nd. BMO Capital Markets reiterated a “market perform” rating and issued a $460.00 target price on shares of Deere & Company in a research note on Tuesday, December 9th. Finally, Evercore reissued a “positive” rating on shares of Deere & Company in a research report on Friday, November 28th. Fifteen investment analysts have rated the stock with a Buy rating and nine have assigned a Hold rating to the company’s stock. According to data from MarketBeat, Deere & Company has a consensus rating of “Moderate Buy” and a consensus target price of $524.20.

Deere & Company Trading Up 3.2%

Shares of Deere & Company stock opened at $583.66 on Friday. The stock has a market capitalization of $158.21 billion, a PE ratio of 31.53, a price-to-earnings-growth ratio of 2.26 and a beta of 1.02. Deere & Company has a 52 week low of $404.42 and a 52 week high of $584.06. The stock has a 50 day moving average price of $495.23 and a two-hundred day moving average price of $484.46. The company has a debt-to-equity ratio of 1.68, a quick ratio of 2.01 and a current ratio of 2.22.

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

Insider Buying and Selling

In related news, CEO John C. May II sold 41,472 shares of the business’s stock in a transaction that occurred on Thursday, January 8th. The stock was sold at an average price of $501.49, for a total value of $20,797,793.28. Following the completion of the sale, the chief executive officer owned 117,970 shares in the company, valued at $59,160,775.30. The trade was a 26.01% decrease in their position. The transaction was disclosed in a filing with the SEC, which is available through the SEC website. Also, insider Cory J. Reed sold 12,000 shares of the business’s stock in a transaction that occurred 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 completion of the sale, the insider owned 20,792 shares of the company’s stock, valued at approximately $10,603,920. The trade was a 36.59% decrease in their ownership of the stock. The SEC filing for this sale provides additional information. In the last three months, insiders sold 64,578 shares of company stock valued at $32,471,682. Corporate insiders own 0.29% of the company’s stock.

Institutional Inflows and Outflows

Hedge funds have recently made changes to their positions in the company. Mid American Wealth Advisory Group Inc. bought a new position in Deere & Company during the second quarter valued at approximately $25,000. Strategic Advocates LLC bought a new stake in Deere & Company in the 3rd quarter worth approximately $25,000. Howard Hughes Medical Institute purchased a new stake in Deere & Company during the 2nd quarter valued at $27,000. Key Capital Management INC bought a new position in shares of Deere & Company during the 4th quarter valued at $27,000. Finally, Activest Wealth Management boosted its stake in shares of Deere & Company by 69.2% in the 3rd quarter. Activest Wealth Management now owns 66 shares of the industrial products company’s stock worth $30,000 after buying an additional 27 shares during the last quarter. 68.58% of the stock is owned by hedge funds and other institutional investors.

Trending Headlines about Deere & Company

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

Deere & Company Company Profile

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.