Morgan Stanley Issues Positive Forecast for Deere & Company (NYSE:DE) Stock Price

Deere & Company (NYSE:DE) had its price target upped by Morgan Stanley from $560.00 to $730.00 in a research note released on Monday, MarketBeat.com reports. Morgan Stanley currently has an overweight rating on the industrial products company’s stock.

Several other research analysts have also recently commented on DE. Evercore reiterated a “positive” rating on shares of Deere & Company in a research note on Friday, November 28th. Weiss Ratings restated a “hold (c+)” rating on shares of Deere & Company in a research note on Monday, December 29th. Royal Bank Of Canada increased their price objective on shares of Deere & Company from $541.00 to $736.00 and gave the company an “outperform” rating in a research note on Friday. JPMorgan Chase & Co. dropped their target price on shares of Deere & Company from $480.00 to $460.00 and set a “neutral” rating for the company in a research report on Friday, December 19th. Finally, DA Davidson increased their price target on shares of Deere & Company from $580.00 to $775.00 and gave the stock a “buy” rating in a research report on Friday. Fifteen equities research analysts have rated the stock with a Buy rating, eight have assigned a Hold rating and one has given a Sell rating to the company’s stock. Based on data from MarketBeat.com, Deere & Company presently has a consensus rating of “Moderate Buy” and an average price target of $637.70.

Deere & Company Stock Performance

Shares of DE stock opened at $646.61 on Monday. Deere & Company has a 52 week low of $404.42 and a 52 week high of $674.19. The company’s fifty day simple moving average is $525.73 and its 200-day simple moving average is $492.00. The company has a current ratio of 2.21, a quick ratio of 1.96 and a debt-to-equity ratio of 1.59. The company has a market cap of $175.28 billion, a PE ratio of 36.45, a P/E/G ratio of 2.64 and a beta of 1.02.

Deere & Company (NYSE:DE) last released its quarterly earnings results on Thursday, February 19th. The industrial products company reported $2.42 earnings per share for the quarter, topping analysts’ consensus estimates of $1.90 by $0.52. The firm had revenue of $9.61 billion during the quarter, compared to analysts’ expectations of $7.50 billion. Deere & Company had a return on equity of 18.93% and a net margin of 10.29%.Deere & Company’s quarterly revenue was up 17.5% compared to the same quarter last year. During the same quarter in the prior year, the business earned $3.19 EPS. As a group, equities research analysts anticipate that Deere & Company will post 19.32 EPS for the current year.

Deere & Company Announces Dividend

The company also recently disclosed a quarterly dividend, which was paid on Monday, February 9th. Stockholders of record on Wednesday, December 31st were issued a $1.62 dividend. The ex-dividend date was Wednesday, December 31st. This represents a $6.48 annualized dividend and a dividend yield of 1.0%. Deere & Company’s dividend payout ratio is 36.53%.

Insider Activity at Deere & Company

In other news, insider Cory J. Reed sold 12,000 shares of the business’s 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 sale, the insider directly owned 20,792 shares of the company’s stock, valued at $10,603,920. The trade was a 36.59% decrease in their ownership of the stock. The sale was disclosed in a document filed with the Securities & Exchange Commission, which is available at this link. Also, CEO John C. May II sold 41,472 shares of Deere & Company stock in a transaction that occurred on Thursday, January 8th. The stock was sold at an average price of $501.49, for a total transaction of $20,797,793.28. Following the completion of the transaction, the chief executive officer directly owned 117,970 shares in the company, valued at approximately $59,160,775.30. This trade represents a 26.01% decrease in their ownership of the stock. Additional details regarding this sale are available in the official SEC disclosure. Insiders own 0.29% of the company’s stock.

Hedge Funds Weigh In On Deere & Company

Several hedge funds and other institutional investors have recently added to or reduced their stakes in DE. Strategic Advocates LLC bought a new position in Deere & Company during the third quarter worth $25,000. Howard Hughes Medical Institute bought a new stake in shares of Deere & Company in the 2nd quarter worth about $27,000. Key Capital Management INC bought a new position in Deere & Company during the 4th quarter valued at about $27,000. Timmons Wealth Management LLC bought a new position in Deere & Company during the 4th quarter valued at about $29,000. Finally, Activest Wealth Management boosted its position in Deere & Company by 69.2% in the third quarter. Activest Wealth Management now owns 66 shares of the industrial products company’s stock valued at $30,000 after buying an additional 27 shares in the last quarter. Institutional investors and hedge funds own 68.58% of the company’s stock.

Deere & Company News Roundup

Here are the key news stories impacting Deere & Company this week:

• Positive Sentiment: Morgan Stanley raised its price target sharply to $730 and maintained an Overweight, one of several recent target increases that support a higher-through-cycle valuation for Deere. Morgan Stanley raises DE target
• Positive Sentiment: Multiple firms have raised price targets (examples: $793, $775, $750, $736 and $615 in recent notes), reflecting analyst views that Deere’s Q1 beat and raised guidance justify higher through‑cycle earnings and price targets. Sample price target raise
• Positive Sentiment: Analysts and models are rerating Deere after a strong Q1 (revenue and EPS beat plus raised guidance), with some fair‑value estimates moving materially higher—this underpins the bullish thesis for longer‑term earnings power. Narrative shift after Q1
• Positive Sentiment: Bayer and John Deere announced tighter integration between FieldView and Operations Center to streamline prescription-to-execution workflows for U.S. farmers — a product/partnership win that could improve product stickiness and services revenue. Bayer partnership
• Neutral Sentiment: Deere is drawing heavy retail and institutional attention (high search/coverage), which increases intraday volatility as investors digest conflicting analyst views. Watch volume and short‑term news flow. Zacks investor attention
• Negative Sentiment: Jefferies downgraded Deere to Underperform/Sell, arguing the stock already prices in a full farm cycle recovery while U.S. farm incomes remain under pressure — that bearish call is a primary driver of near‑term selling pressure and increased debate about valuation. Jefferies downgrade

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.