Deere & Company (NYSE:DE) Trading Down 7% – Time to Sell?

Deere & Company (NYSE:DE)’s stock price fell 7% during mid-day trading on Thursday . The stock traded as low as $520.13 and last traded at $521.2420. 456,985 shares traded hands during mid-day trading, a decline of 67% from the average session volume of 1,405,771 shares. The stock had previously closed at $560.46.

Key Headlines Impacting Deere & Company

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

• Positive Sentiment: Deere beat fiscal Q2 estimates with EPS of $6.55 versus expectations around $5.70-$5.81, and revenue of $13.37 billion also came in above forecasts, showing the company can still deliver solid earnings despite a tough ag backdrop.
• Positive Sentiment: Construction & Forestry and Small Ag & Turf helped offset farm weakness, with those segments supporting revenue growth even as core production agriculture remained soft.
• Positive Sentiment: Deere reaffirmed its full-year profit outlook at $4.5 billion to $5.0 billion, which suggests management is not seeing a major near-term collapse in profitability.
• Neutral Sentiment: Tariff-related recovery helped results, including a reported $272 million refund-related item, but that benefit may not recur and does not change the underlying demand picture.
• Neutral Sentiment: Broader macro pressure remains a concern, with headlines pointing to weak farmer economics, rising fertilizer costs tied to geopolitical tension, and a slow recovery in large-ag equipment demand.
• Negative Sentiment: Production & Precision Agriculture sales fell sharply, down about 14% year over year, while operating profit in that segment dropped roughly 39%, reinforcing worries that Deere’s most important cyclical business is still under strain.
• Negative Sentiment: Management’s outlook did not show a strong acceleration in large-ag recovery, with U.S./Canada large-ag industry units expected to fall 15% to 20% in fiscal 2026, keeping sentiment cautious.

Analysts Set New Price Targets

Several research firms have issued reports on DE. BMO Capital Markets upped their price objective on Deere & Company from $460.00 to $500.00 and gave the company a “market perform” rating in a research note on Friday, February 20th. Argus upped their price objective on Deere & Company from $540.00 to $700.00 and gave the company a “buy” rating in a research note on Tuesday, March 3rd. Wolfe Research upped their price objective on Deere & Company from $550.00 to $660.00 and gave the company an “outperform” rating in a research note on Tuesday, March 31st. Wall Street Zen upgraded Deere & Company from a “sell” rating to a “hold” rating in a research note on Saturday, February 7th. Finally, Citigroup lowered their target price on Deere & Company from $675.00 to $625.00 and set a “neutral” rating on the stock in a research note on Monday, March 9th. Fifteen investment analysts have rated the stock with a Buy rating and nine have assigned a Hold rating to the company’s stock. Based on data from MarketBeat.com, the stock has an average rating of “Moderate Buy” and an average target price of $655.45.

Deere & Company Stock Performance

The company has a market cap of $144.48 billion, a P/E ratio of 30.21, a price-to-earnings-growth ratio of 1.95 and a beta of 0.96. The company has a quick ratio of 1.96, a current ratio of 2.21 and a debt-to-equity ratio of 1.59. The stock has a 50 day moving average price of $579.04 and a two-hundred day moving average price of $539.38.

Deere & Company (NYSE:DE) last announced its earnings results on Thursday, May 21st. The industrial products company reported $6.55 earnings per share for the quarter, topping analysts’ consensus estimates of $5.70 by $0.85. Deere & Company had a return on equity of 18.93% and a net margin of 10.29%.The business’s quarterly revenue was up 5.4% compared to the same quarter last year. During the same quarter last year, the company earned $6.64 EPS. On average, research analysts predict that Deere & Company will post 18.01 earnings per share for the current fiscal year.

Deere & Company Announces Dividend

The business also recently declared a quarterly dividend, which was paid on Friday, May 8th. Investors of record on Tuesday, March 31st were given a dividend of $1.62 per share. The ex-dividend date of this dividend was Tuesday, March 31st. This represents a $6.48 dividend on an annualized basis and a yield of 1.2%. Deere & Company’s dividend payout ratio is currently 36.53%.

Institutional Investors Weigh In On Deere & Company

A number of large investors have recently added to or reduced their stakes in the stock. Vanguard Group Inc. grew its position in Deere & Company by 0.9% during the fourth quarter. Vanguard Group Inc. now owns 22,583,185 shares of the industrial products company’s stock worth $10,514,053,000 after buying an additional 198,332 shares in the last quarter. State Street Corp grew its position in Deere & Company by 0.9% during the fourth quarter. State Street Corp now owns 10,485,949 shares of the industrial products company’s stock worth $4,898,717,000 after buying an additional 97,049 shares in the last quarter. Capital World Investors grew its position in Deere & Company by 53.9% during the fourth quarter. Capital World Investors now owns 9,592,004 shares of the industrial products company’s stock worth $4,465,906,000 after buying an additional 3,358,264 shares in the last quarter. Price T Rowe Associates Inc. MD boosted its holdings in shares of Deere & Company by 2.1% in the 4th quarter. Price T Rowe Associates Inc. MD now owns 7,692,877 shares of the industrial products company’s stock valued at $3,581,574,000 after purchasing an additional 158,584 shares in the last quarter. Finally, Geode Capital Management LLC boosted its holdings in shares of Deere & Company by 0.3% in the 4th quarter. Geode Capital Management LLC now owns 5,600,552 shares of the industrial products company’s stock valued at $2,609,149,000 after purchasing an additional 17,269 shares in the last quarter. Institutional investors and hedge funds own 68.58% of the company’s stock.

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.