Morgan Stanley Boosts Deere & Company (NYSE:DE) Price Target to $730.00

Deere & Company (NYSE:DE) had its price objective hoisted by research analysts at Morgan Stanley from $560.00 to $730.00 in a research note issued to investors on Monday,MarketScreener reports. The brokerage currently has an “overweight” rating on the industrial products company’s stock. Morgan Stanley’s price target indicates a potential upside of 10.60% from the stock’s previous close.

Other research analysts also recently issued research reports about the company. DA Davidson increased their price objective on Deere & Company from $580.00 to $775.00 and gave the company a “buy” rating in a report on Friday. Bank of America increased their price target on shares of Deere & Company from $502.00 to $672.00 and gave the company a “neutral” rating in a research note on Friday. Weiss Ratings reissued a “hold (c+)” rating on shares of Deere & Company in a report on Monday, December 29th. Oppenheimer restated an “outperform” rating and issued a $715.00 target price on shares of Deere & Company in a report on Friday. Finally, Wall Street Zen upgraded shares of Deere & Company from a “sell” rating to a “hold” rating in a research note on Saturday, February 7th. Fifteen equities research analysts have rated the stock with a Buy rating, eight have given a Hold rating and one has given a Sell rating to the company’s stock. According to MarketBeat.com, Deere & Company presently has a consensus rating of “Moderate Buy” and an average price target of $619.45.

Deere & Company Stock Performance

DE stock opened at $660.04 on Monday. The firm has a 50-day simple moving average of $522.56 and a two-hundred day simple moving average of $491.02. The company has a debt-to-equity ratio of 1.59, a quick ratio of 1.96 and a current ratio of 2.21. Deere & Company has a one year low of $404.42 and a one year high of $674.19. The firm has a market cap of $178.92 billion, a price-to-earnings ratio of 37.20, a PEG ratio of 2.64 and a beta of 1.02.

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

Insider Buying and Selling at Deere & Company

In related news, CEO John C. May II sold 41,472 shares of Deere & Company stock in a transaction 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 transaction, the chief executive officer directly owned 117,970 shares in the company, valued at $59,160,775.30. The trade was a 26.01% decrease in their position. The sale was disclosed in a legal filing with the SEC, which is available through this link. Also, 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 value of $6,120,000.00. Following the sale, the insider directly owned 20,792 shares in the company, valued at $10,603,920. This trade represents a 36.59% decrease in their ownership of the stock. Additional details regarding this sale are available in the official SEC disclosure. Over the last three months, insiders have sold 64,578 shares of company stock valued at $32,471,682. Corporate insiders own 0.29% of the company’s stock.

Hedge Funds Weigh In On Deere & Company

Several institutional investors and hedge funds have recently bought and sold shares of DE. Strategic Advocates LLC acquired a new position in shares of Deere & Company during the 3rd quarter worth $25,000. Howard Hughes Medical Institute bought a new stake in Deere & Company in the second quarter worth $27,000. Key Capital Management INC bought a new stake in Deere & Company in the fourth quarter worth $27,000. Timmons Wealth Management LLC acquired a new position in Deere & Company during the fourth quarter worth $29,000. Finally, Activest Wealth Management raised its holdings in Deere & Company by 69.2% during 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. Hedge funds and other institutional investors own 68.58% of the company’s stock.

Deere & Company News Summary

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

• Positive Sentiment: Multiple firms raised price targets for DE, signaling continued analyst optimism about medium-term revenue and margin prospects — targets reported include $793, $775, $750, $736 and $615.
  Deere & Company (NYSE:DE) Price Target Raised to $793.00
  Deere & Company (NYSE:DE) Price Target Raised to $775.00
  Deere & Company (NYSE:DE) Price Target Raised to $750.00
  Deere & Company (NYSE:DE) Price Target Raised to $736.00
  Deere & Company (NYSE:DE) Price Target Raised to $615.00
• Positive Sentiment: Deere lifted its outlook despite tariff-related headwinds, suggesting management sees resilience in demand and is confident about margins — a constructive sign for revenue and earnings visibility. Deere & Company Lifts Outlook Amid Tariff Drag
• Neutral Sentiment: Recent quarterly results showed a solid beat on both EPS and revenue (notably revenue up ~17.5% YoY), supporting the higher targets but also contributing to a stretched valuation (12‑month high near current levels and a P/E well above historical averages).
• Negative Sentiment: Jefferies analyst Stephen Volkmann downgraded DE to a sell, warning the stock’s valuation is overextended amid a protracted agricultural downcycle — a bearish catalyst that could pressure the share price if farm-equipment demand weakens. Deere & Company: Overextended Valuation Amid Protracted Agricultural Downcycle Drives Sell Rating

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.