DE icon

Deere & Co

435.18 USD
+2.34
0.54%
Updated Dec 26, 1:25 PM EST
1 day
0.54%
5 days
1.66%
1 month
-5.61%
3 months
5.76%
6 months
15.66%
Year to date
8.55%
1 year
8.45%
5 years
148.96%
10 years
382.25%
 

About: Deere is the world's leading manufacturer of agricultural equipment, producing some of the most recognizable machines in the heavy machinery industry in their green and yellow livery. The company is divided into four reportable segments: production and precision agriculture, small agriculture and turf, construction and forestry, and John Deere Capital. Its products are available through an extensive dealer network, which includes over 2,000 dealer locations in North America and approximately 3,700 locations globally. John Deere Capital provides retail financing for machinery to its customers, in addition to wholesale financing for dealers, which increases the likelihood of Deere product sales.

Employees: 75,800

0
Funds holding %
of 6,809 funds
0
Analysts bullish %
of 8 analysts

Fund manager confidence

Based on 2024 Q3 regulatory filings by fund managers ($100M+ AUM)

6% more capital invested

Capital invested by funds: $74.8B [Q2] → $79.4B (+$4.65B) [Q3]

5% more funds holding in top 10

Funds holding in top 10: 39 [Q2] → 41 (+2) [Q3]

7% more first-time investments, than exits

New positions opened: 172 | Existing positions closed: 161

1% more funds holding

Funds holding: 2,080 [Q2] → 2,091 (+11) [Q3]

1.71% less ownership

Funds ownership: 71.9% [Q2] → 70.19% (-1.71%) [Q3]

18% less call options, than puts

Call options by funds: $1.31B | Put options by funds: $1.61B

19% less repeat investments, than reductions

Existing positions increased: 699 | Existing positions reduced: 866

Research analyst outlook

8 Wall Street Analysts provided 1 year price targets over the past 3 months

Low target
$450
3%
upside
Avg. target
$481
10%
upside
High target
$550
26%
upside

8 analyst ratings

positive
50%
neutral
50%
negative
0%
Truist Securities
Jamie Cook
64% 1-year accuracy
51 / 80 met price target
26%upside
$550
Buy
Maintained
19 Dec 2024
Citigroup
Kyle Menges
29% 1-year accuracy
5 / 17 met price target
8%upside
$470
Neutral
Maintained
9 Dec 2024
Jefferies
Stephen Volkmann
20% 1-year accuracy
2 / 10 met price target
17%upside
$510
Hold
Downgraded
6 Dec 2024
Morgan Stanley
Angel Castillo
59% 1-year accuracy
10 / 17 met price target
3%upside
$450
Overweight
Maintained
25 Nov 2024
UBS
Steven Fisher
61% 1-year accuracy
17 / 28 met price target
6%upside
$462
Neutral
Maintained
22 Nov 2024

Financial journalist opinion

Based on 17 articles about DE published over the past 30 days

Positive
Zacks Investment Research
2 days ago
Investors Heavily Search Deere & Company (DE): Here is What You Need to Know
Recently, Zacks.com users have been paying close attention to Deere (DE). This makes it worthwhile to examine what the stock has in store.
Investors Heavily Search Deere & Company (DE): Here is What You Need to Know
Positive
Seeking Alpha
3 days ago
Deere: Conservative Market Expectations As It Sows The Seeds Of Recovery
Deere faces sales declines due to weak crop prices, but strong margin protection and operational excellence support a 'Buy' rating. Despite a challenging 2025 outlook, DE's structural improvements and cash flow generation position it well for a potential market rebound. Long-term growth prospects are bolstered by precision agriculture technologies and potential benefits from infrastructure investments.
Deere: Conservative Market Expectations As It Sows The Seeds Of Recovery
Positive
Forbes
1 week ago
This ‘Made For 2025' Dividend Grower Is Ready To Rally
I'd like to share my simple “Made for 2025” Dividend Plan with you. It's a simple, safe strategy that identifies dividend stocks with payouts set to surge higher.
This ‘Made For 2025' Dividend Grower Is Ready To Rally
Positive
Zacks Investment Research
1 week ago
3 Farm Equipment Stocks to Watch Despite Industry Challenges
The Manufacturing - Farm Equipment industry bears the impacts of low farm income. Demand will eventually pick up, aided by growing demand for food.
3 Farm Equipment Stocks to Watch Despite Industry Challenges
Positive
Seeking Alpha
1 week ago
Undercovered Dozen: Ubiquiti, Ready Capital, Cardiff Oncology, Vodafone +
The 'Undercovered' Dozen series highlights lesser-covered stocks, offering fresh investment ideas and sparking community discussions on their potential. Ubiquiti Inc. shows promise with operational improvements, Ready Capital Corporation faces liquidity risks, and TORM plc is crucial despite energy sector volatility. Esperion Therapeutics' breakout and Cardiff Oncology's promising trial data present compelling buy opportunities, while Advantest Corporation's high valuation suggests caution.
Undercovered Dozen: Ubiquiti, Ready Capital, Cardiff Oncology, Vodafone +
Positive
Seeking Alpha
1 week ago
Best Way To Invest $100,000: Build An 8-Stock Portfolio For Growth And Value
Concentrate on a select few high-conviction stocks across different sectors to avoid "diworsification" and maximize returns, inspired by Charlie Munger and Warren Buffett. Utilize Joel Greenblatt's "Magic Formula" and James O'Shaughnessy's methodologies to screen stocks based on earnings yield and return on total capital. Exclude overly regulated sectors like Utilities, Financials, and REITs to focus on sectors with higher growth potential and less regulatory constraints.
Best Way To Invest $100,000: Build An 8-Stock Portfolio For Growth And Value
Positive
Zacks Investment Research
2 weeks ago
Deere & Company (DE) is Attracting Investor Attention: Here is What You Should Know
Recently, Zacks.com users have been paying close attention to Deere (DE). This makes it worthwhile to examine what the stock has in store.
Deere & Company (DE) is Attracting Investor Attention: Here is What You Should Know
Positive
Seeking Alpha
2 weeks ago
Dividend Income Summary: Lanny's November 2024 Summary
Investing in dividend stocks allows you to earn dividend income, the best passive income stream. The power of compounding and dividend reinvestment is a wonderful component to the portfolio. All of the investing from last year and moves this year show that my aim to save 60% of my income, and making every dollar count has provided the dividend growth.
Dividend Income Summary: Lanny's November 2024 Summary
Negative
Seeking Alpha
2 weeks ago
The 2 Worst Mistakes Dividend Investors Keep Making
Mistakes are vital for learning, especially in investing. Early missteps can be invaluable lessons, shaping better strategies over time. Even small errors can compound into significant losses. Avoiding common pitfalls is key to maximizing long-term wealth and financial independence. Some investing habits appear sound but carry hidden risks. By understanding these traps, investors can make more informed, strategic decisions.
The 2 Worst Mistakes Dividend Investors Keep Making
Neutral
Zacks Investment Research
2 weeks ago
DE Stock Trading at a Premium Value: Should You Buy, Sell or Hold?
Deere & Company DE is currently trading at a forward 12-month earnings multiple of 22.42X, at a 12% premium to the farm equipment manufacturing industry's 20.0X. It is also higher than DE's five-year median of 15.65X.
DE Stock Trading at a Premium Value: Should You Buy, Sell or Hold?
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