Deere & Company (NYSE:DE) Price Target Raised to $660.00

Deere & Company (NYSE:DE) had its price target upped by analysts at Wolfe Research from $550.00 to $660.00 in a research report issued on Tuesday,MarketScreener reports. The brokerage currently has an “outperform” rating on the industrial products company’s stock. Wolfe Research’s target price would suggest a potential upside of 16.79% from the stock’s current price.

DE has been the subject of several other research reports. Zacks Research raised shares of Deere & Company from a “strong sell” rating to a “hold” rating in a report on Wednesday, December 3rd. Jefferies Financial Group downgraded Deere & Company from a “hold” rating to an “underperform” rating and increased their price target for the stock from $475.00 to $550.00 in a research report on Monday, February 23rd. Oppenheimer reiterated an “outperform” rating and set a $715.00 price objective on shares of Deere & Company in a research note on Friday, February 20th. BMO Capital Markets upped their target price on Deere & Company from $460.00 to $500.00 and gave the stock a “market perform” rating in a research note on Friday, February 20th. Finally, Truist Financial raised their target price on Deere & Company from $612.00 to $793.00 and gave the stock a “buy” rating in a report on Friday, February 20th. Sixteen equities research analysts have rated the stock with a Buy rating, eight have given a Hold rating and one has issued a Sell rating to the stock. According to MarketBeat.com, the stock has an average rating of “Moderate Buy” and an average target price of $655.70.

Deere & Company Stock Performance

NYSE:DE traded up $1.84 during midday trading on Tuesday, hitting $565.14. The company’s stock had a trading volume of 259,573 shares, compared to its average volume of 1,598,216. Deere & Company has a fifty-two week low of $404.42 and a fifty-two week high of $674.19. The firm’s 50 day moving average is $581.59 and its 200-day moving average is $511.06. The company has a debt-to-equity ratio of 1.59, a current ratio of 2.21 and a quick ratio of 1.96. The firm has a market cap of $152.65 billion, a P/E ratio of 31.85, a P/E/G ratio of 1.94 and a beta of 0.96.

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

Insider Buying and Selling

In other news, insider Cory J. Reed sold 12,000 shares of the company’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 transaction, the insider directly owned 20,792 shares of the company’s stock, valued at $10,603,920. This represents a 36.59% decrease in their position. The sale was disclosed in a filing with the SEC, which is available through this link. Also, CEO John C. May II sold 41,472 shares of the company’s stock in a transaction 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 transaction, the chief executive officer owned 117,970 shares of the company’s stock, valued at $59,160,775.30. This represents a 26.01% decrease in their ownership of the stock. The disclosure for this sale is available in the SEC filing. 0.29% of the stock is owned by insiders.

Institutional Inflows and Outflows

Several hedge funds have recently modified their holdings of the stock. Cerro Pacific Wealth Advisors LLC boosted its holdings in Deere & Company by 0.6% in the 4th quarter. Cerro Pacific Wealth Advisors LLC now owns 3,179 shares of the industrial products company’s stock worth $1,480,000 after buying an additional 19 shares during the last quarter. Hazlett Burt & Watson Inc. increased its stake in Deere & Company by 2.4% during the 4th quarter. Hazlett Burt & Watson Inc. now owns 816 shares of the industrial products company’s stock worth $379,000 after buying an additional 19 shares in the last quarter. Root Financial Partners LLC raised its holdings in shares of Deere & Company by 2.2% during the fourth quarter. Root Financial Partners LLC now owns 880 shares of the industrial products company’s stock valued at $410,000 after acquiring an additional 19 shares during the last quarter. Verdence Capital Advisors LLC raised its holdings in shares of Deere & Company by 2.7% during the fourth quarter. Verdence Capital Advisors LLC now owns 773 shares of the industrial products company’s stock valued at $360,000 after acquiring an additional 20 shares during the last quarter. Finally, Family Legacy Inc. lifted its position in shares of Deere & Company by 0.3% in the fourth quarter. Family Legacy Inc. now owns 7,894 shares of the industrial products company’s stock valued at $3,675,000 after acquiring an additional 20 shares in the last quarter. Institutional investors and hedge funds own 68.58% of the company’s stock.

Key Headlines Impacting Deere & Company

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

• Positive Sentiment: Opened a Central Texas testing facility to trial new farming tech — underscores Deere’s push into precision, autonomous and services-led growth that can expand aftermarket and software revenue. John Deere opens Central Texas facility to test new farming technology
• Positive Sentiment: Local Austin testing center story emphasizes product-readiness and farmer engagement — reinforces execution on R&D and rollout of precision solutions. John Deere’s Austin testing center brings new tech to farming
• Positive Sentiment: Coverage noting Deere’s precision-farming leadership and Russell 1000 inclusion highlights institutional visibility and demand from passive flows. Deere & Company (NYSE:DE) Drives Precision Farming In Russell 1000
• Positive Sentiment: Major-brand marketing boost: multi-year sponsorship with Major League Baseball increases brand reach across U.S. markets and supports consumer/municipal equipment demand and dealer awareness. JOHN DEERE PARTNERS WITH MAJOR LEAGUE BASEBALL
• Positive Sentiment: Investor interest stories flag Deere as a high-quality cyclical pick (including coverage linking the name to Bill Gates’ reported holdings), which can attract long-term institutional buyers. Is Deere (DE) a Top Stock Pick of Bill Gates in 2026?
• Positive Sentiment: Independent coverage also highlights Deere in high-net-worth/model portfolios, reinforcing retail and advisory interest. Is Deere (DE) a Top Stock Pick of Bill Gates in 2026?
• Positive Sentiment: Long-form bullish thesis argues Deere is positioned for a cyclical rebound with margin expansion in services and CF segments — supports a constructive medium-term earnings outlook. Deere Is Finally Receiving Winds Of Change
• Neutral Sentiment: Zacks notes DE is a trending stock among users — indicates attention but not a directional catalyst by itself. Here is What to Know Beyond Why Deere & Company (DE) is a Trending Stock
• Neutral Sentiment: MarketWatch: stock rose recently but still lags the broader market — mixed near-term performance signal that may weigh on short-term sentiment. Deere & Co. stock rises Tuesday, still underperforms market
• Negative Sentiment: Warning on fertilizer/input-cost pressure — higher input prices can reduce farmer margins and equipment demand, a clear downside risk to sales and margins. Deere: Fertilizer Prices Could Be The Straw That Breaks The Camel’s Back

About Deere & Company

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.