Deere & Company, together with its subsidiaries, manufactures and distributes various equipment worldwide. The company operates through three segments: Agriculture and Turf, Construction and Forestry, and Financial Services. The Agriculture and Turf segment provides various agriculture and turf equipment, and related service parts, including large, medium, and utility tractors; tractor loaders; combines, cotton pickers, cotton strippers, and sugarcane harvesters; harvesting front-end equipment; sugarcane loaders and pull-behind scrapers; tillage, seeding, and application equipment comprising sprayers, nutrient management, and soil preparation machinery; self-propelled forage harvesters and attachments, balers, and mowers; riding lawn equipment, golf course equipment, utility vehicles, and commercial mowing equipment along with associated implements; integrated agricultural solutions and precision technologies; and other outdoor power products. The Construction and Forestry segment offers a range of machines and service parts used in construction, earthmoving, road building, material handling, and timber harvesting, including backhoe loaders; crawler dozers and loaders; four-wheel-drive loaders; excavators; motor graders; articulated dump trucks; landscape loaders; skid-steer loaders; milling machines; recyclers; slipform pavers; surface miners; asphalt pavers; compactors; tandem and static rollers; mobile crushers and screens; mobile and stationary asphalt plants; log skidders; feller bunchers; log loaders; log forwarders; and log harvesters and related logging attachments. The Financial Services segment finances sales and leases agriculture and turf, and construction and forestry equipment. It also offers wholesale financing to dealers of the foregoing equipment; and extended equipment warranties, as well as finances retail revolving charge accounts. Deere & Company was founded in 1837 and is headquartered in Moline, Illinois.
IPO Year:
Exchange: NYSE
Website: deere.com
Date | Price Target | Rating | Analyst |
---|---|---|---|
12/6/2024 | $510.00 | Buy → Hold | Jefferies |
11/22/2024 | $448.00 → $477.00 | Outperform | Oppenheimer |
8/19/2024 | Buy → Hold | HSBC Securities | |
8/9/2024 | $400.00 | Market Perform | BMO Capital Markets |
7/2/2024 | $460.00 → $439.00 | Buy | Truist |
6/28/2024 | $420.00 | Outperform | Raymond James |
6/26/2024 | $395.00 | Neutral | Citigroup |
5/17/2024 | $383.00 → $390.00 | Hold | TD Cowen |
3/14/2024 | $494.00 | Buy | Truist |
1/8/2024 | Buy → Hold | Melius |
4 - DEERE & CO (0000315189) (Issuer)
4 - DEERE & CO (0000315189) (Issuer)
4 - DEERE & CO (0000315189) (Issuer)
4 - DEERE & CO (0000315189) (Issuer)
4 - DEERE & CO (0000315189) (Issuer)
4 - DEERE & CO (0000315189) (Issuer)
4 - DEERE & CO (0000315189) (Issuer)
4 - DEERE & CO (0000315189) (Issuer)
4 - DEERE & CO (0000315189) (Issuer)
4 - DEERE & CO (0000315189) (Issuer)
MOLINE, Ill., Dec. 3, 2024 /PRNewswire/ -- The Deere & Company (NYSE:DE) Board of Directors today declared a quarterly dividend of $1.62 per share payable February 10, 2025, to stockholders of record on December 31, 2024. The new quarterly rate represents an additional 15 cents per share over the previous level of $1.47. View original content:https://www.prnewswire.com/news-releases/deere--company-raises-quarterly-dividend-302321561.html SOURCE John Deere Company
Results demonstrate solid execution despite ongoing market challenges.Full-year 2025 earnings projected to range from $5.0 to $5.5 billion, highlighting improved structural performance.Remain committed to making investments that enhance customer productivity and profitability.MOLINE, Ill., Nov. 21, 2024 /PRNewswire/ -- Deere & Company ($DE) reported net income of $1.245 billion for the fourth quarter ended October 27, 2024, or $4.55 per share, compared with net income of $2.369 billion, or $8.26 per share, for the quarter ended October 29, 2023. For fiscal-year 2024, net income attributable to Deere & Company was $7.100 billion, or $25.62 per share, compared with $10.166 billion, or $34.63 p
Believes Shareholder-Driven Changes to AGCO's Board and Strategy are Necessary Following Strategic Missteps and Execution Issues That Have Led to a Loss of Significant Market Share Reiterates TAFE's Commitment to Unlocking AGCO's Full Potential as a Long-Term, Strategic Investor That is Firmly Aligned With Fellow Shareholders Tractors and Farm Equipment Limited (together with certain of its affiliates, "TAFE" or "we"), is the largest shareholder of AGCO Corporation (NYSE:AGCO) ("AGCO" or the "Company") with a 16.3% long-term strategic ownership interest in the Company. Today, TAFE issued the following open letter to its fellow shareholders. *** September 30, 2024 Fellow Shareholders,
MOLINE, Ill., Aug. 28, 2024 /PRNewswire/ -- The Deere & Company (NYSE:DE) Board of Directors today declared a quarterly dividend of $1.47 per share payable November 8, 2024, to stockholders of record on September 30, 2024. View original content:https://www.prnewswire.com/news-releases/deere--company-announces-quarterly-dividend-302233112.html SOURCE John Deere Company
Strong ag margins highlight continued value delivery amid market fluctuations.Global ag fundamentals are expected to remain weak as construction moderates.Full-year net income forecast unchanged despite challenging environment.MOLINE, Ill., Aug. 15, 2024 /PRNewswire/ -- Deere & Company reported net income of $1.734 billion for the third quarter ended July 28, 2024, or $6.29 per share, compared with net income of $2.978 billion, or $10.20 per share, for the quarter ended July 30, 2023. For the first nine months of the year, net income attributable to Deere & Company was $5.855 billion, or $21.04 per share, compared with $7.797 billion, or $26.35 per share, for the same period last year. World
MOLINE, Ill., May 29, 2024 /PRNewswire/ -- The Deere & Company (NYSE:DE) Board of Directors today declared a quarterly dividend of $1.47 per share payable August 8, 2024, to stockholders of record on June 28, 2024. View original content:https://www.prnewswire.com/news-releases/deere--company-announces-quarterly-dividend-302158352.html SOURCE John Deere Company
Quarterly results underscore sound execution in the face of challenging market conditions.Global agricultural and turf demand further softens while the construction industry remains stable.Full-year net income forecast updated to approximately $7.0 billion.MOLINE, Ill., May 16, 2024 /PRNewswire/ -- Deere & Company (NYSE:DE) reported net income of $2.370 billion for the second quarter ended April 28, 2024, or $8.53 per share, compared with net income of $2.860 billion, or $9.65 per share, for the quarter ended April 30, 2023. For the first six months of the year, net income attributable to Deere & Company was $4.121 billion, or $14.74 per share, compared with $4.819 billion, or $16.18 per sha
MOLINE, Ill., Feb. 28, 2024 /CNW/ -- The Deere & Company (NYSE:DE) Board of Directors today declared a quarterly dividend of $1.47 per share payable May 8, 2024, to stockholders of record on March 29, 2024. View original content:https://www.prnewswire.com/news-releases/deere--company-announces-quarterly-dividend-302074429.html SOURCE John Deere Company View original content: http://www.newswire.ca/en/releases/archive/February2024/28/c8524.html
MOLINE, Ill., Feb. 28, 2024 /PRNewswire/ -- The Deere & Company (NYSE:DE) Board of Directors today declared a quarterly dividend of $1.47 per share payable May 8, 2024, to stockholders of record on March 29, 2024. View original content:https://www.prnewswire.com/news-releases/deere--company-announces-quarterly-dividend-302074429.html SOURCE John Deere Company
Strong quarterly operating margins from equipment operations demonstrate structural improvement near mid-cycle volumes.Fleet replenishment moderating as agricultural fundamentals normalize.Full-year net income now forecasted to be $7.50 to $7.75 billion.MOLINE, Ill., Feb. 15, 2024 /PRNewswire/ -- Deere & Company reported net income of $1.751 billion for the first quarter ended January 28, 2024, or $6.23 per share, compared with net income of $1.959 billion, or $6.55 per share, for the quarter ended January 29, 2023. Worldwide net sales and revenues decreased 4 percent, to $12.185 billion, in the most recent quarter. Net sales were $10.486 billion for the quarter, compared with $11.402 billi
MOLINE, Ill., Jan. 14, 2025 /PRNewswire/ -- Today, John Deere (NYSE:DE) announced another significant step forward in supporting customers' ability to maintain and repair their machines across the agricultural and construction industries. The latest addition to Deere's suite of digital solutions will further empower customers and independent repair technicians by, among other things, enabling them to reprogram Deere-manufactured electronic controllers. These new capabilities will be integrated into the John Deere Operations Center™ and will offer more comprehensive solutions for diagnosing and repairing equipment while ensuring machine reliability, safety, and compliance. "John Deere has a
Autonomy will support Deere customers across agriculture, construction, and commercial landscaping MOLINE, Ill., Jan. 6, 2025 /PRNewswire/ -- John Deere revealed several new autonomous machines during a press conference at CES 2025 to support customers in agriculture, construction, and commercial landscaping. Building on Deere's autonomous technology first revealed at CES 2022, the company's second-generation autonomy kit combines advanced computer vision, AI, and cameras to help the machines navigate their environments. While each of these industries experiences their own se
MOLINE, Ill., Dec. 3, 2024 /PRNewswire/ -- The Deere & Company (NYSE:DE) Board of Directors today declared a quarterly dividend of $1.62 per share payable February 10, 2025, to stockholders of record on December 31, 2024. The new quarterly rate represents an additional 15 cents per share over the previous level of $1.47. View original content:https://www.prnewswire.com/news-releases/deere--company-raises-quarterly-dividend-302321561.html SOURCE John Deere Company
Results demonstrate solid execution despite ongoing market challenges.Full-year 2025 earnings projected to range from $5.0 to $5.5 billion, highlighting improved structural performance.Remain committed to making investments that enhance customer productivity and profitability.MOLINE, Ill., Nov. 21, 2024 /PRNewswire/ -- Deere & Company ($DE) reported net income of $1.245 billion for the fourth quarter ended October 27, 2024, or $4.55 per share, compared with net income of $2.369 billion, or $8.26 per share, for the quarter ended October 29, 2023. For fiscal-year 2024, net income attributable to Deere & Company was $7.100 billion, or $25.62 per share, compared with $10.166 billion, or $34.63 p
With tens of millions of dollars invested over the last 40 years, John Deere is improving customers' livelihoods while addressing hunger MOLINE, Ill., Nov. 18, 2024 /PRNewswire/ -- Deere & Company (NYSE:DE) today announced a $6.6 million, three-year commitment of unrestricted funding from the John Deere Foundation to Feeding America®. This grant reaffirms John Deere's commitment to hunger relief and supporting communities in need while honoring the work of farmers. Hunger is solvableMore than 47 million Americans, including nearly 14 million children, face hunger each year. A
MOLINE, Ill., Nov. 7, 2024 /PRNewswire/ -- Deere & Company (NYSE:DE) will hold its fourth quarter 2024 earnings call on Thursday, 21 November, beginning at 9:00 a.m. central time. During the call, the company's financial and operating performance will be discussed with analysts, investors and other members of the financial community. The earnings call can be accessed at www.JohnDeere.com/earnings. The recorded call will be available on the Deere website for a period of time afterward. The Deere earnings release, other financial information and earnings call presentation can be accessed at the link above. Deere & Company (NYSE:DE) is a world leader in providing advanced products, technology
MOLINE, Ill., Nov. 1, 2024 /PRNewswire/ -- Deere & Company (NYSE:DE) today announced the appointment of R. Preston Feight to the company's board of directors. He currently serves as chief executive officer of PACCAR Inc (NASDAQ:PCAR), a Fortune 500 company and a global technology leader in the design, manufacture, and customer support of high-quality light-, medium-, and heavy-duty trucks under the Kenworth, Peterbilt, and DAF nameplates. Feight's leadership at PACCAR has been characterized by pioneering advancements in engineering, manufacturing, aftermarket, and financial se
Strategic partnership will enable machines equipped with John Deere SmartGrade™ greater access to Trimble technology ecosystem WESTMINSTER, Colo., Oct. 22, 2024 /PRNewswire/ -- Trimble® (NASDAQ:TRMB) announced today a new strategic relationship with John Deere (NYSE:DE) that will accelerate the innovation and adoption of grade control technology for the construction industry. The availability of the Trimble Earthworks Grade Control technology integrated with the John Deere SmartGrade™ platform will make it easier for John Deere customers around the world to leverage the full benefits of machine control for increased productivity, efficiency and better decision making.
Believes Shareholder-Driven Changes to AGCO's Board and Strategy are Necessary Following Strategic Missteps and Execution Issues That Have Led to a Loss of Significant Market Share Reiterates TAFE's Commitment to Unlocking AGCO's Full Potential as a Long-Term, Strategic Investor That is Firmly Aligned With Fellow Shareholders Tractors and Farm Equipment Limited (together with certain of its affiliates, "TAFE" or "we"), is the largest shareholder of AGCO Corporation (NYSE:AGCO) ("AGCO" or the "Company") with a 16.3% long-term strategic ownership interest in the Company. Today, TAFE issued the following open letter to its fellow shareholders. *** September 30, 2024 Fellow Shareholders,
MOLINE, Ill., Aug. 28, 2024 /PRNewswire/ -- The Deere & Company (NYSE:DE) Board of Directors today declared a quarterly dividend of $1.47 per share payable November 8, 2024, to stockholders of record on September 30, 2024. View original content:https://www.prnewswire.com/news-releases/deere--company-announces-quarterly-dividend-302233112.html SOURCE John Deere Company
8-K - DEERE & CO (0000315189) (Filer)
FWP - DEERE & CO (0000315189) (Subject)
424B3 - DEERE & CO (0000315189) (Filer)
DEFA14A - DEERE & CO (0000315189) (Filer)
DEF 14A - DEERE & CO (0000315189) (Filer)
10-K - DEERE & CO (0000315189) (Filer)
8-K - DEERE & CO (0000315189) (Filer)
8-K - DEERE & CO (0000315189) (Filer)
8-K - DEERE & CO (0000315189) (Filer)
13F-HR - DEERE & CO (0000315189) (Filer)
Jefferies downgraded Deere from Buy to Hold and set a new price target of $510.00
Oppenheimer reiterated coverage of Deere with a rating of Outperform and set a new price target of $477.00 from $448.00 previously
HSBC Securities downgraded Deere from Buy to Hold
BMO Capital Markets initiated coverage of Deere with a rating of Market Perform and set a new price target of $400.00
Truist reiterated coverage of Deere with a rating of Buy and set a new price target of $439.00 from $460.00 previously
Raymond James initiated coverage of Deere with a rating of Outperform and set a new price target of $420.00
Citigroup initiated coverage of Deere with a rating of Neutral and set a new price target of $395.00
TD Cowen reiterated coverage of Deere with a rating of Hold and set a new price target of $390.00 from $383.00 previously
Truist initiated coverage of Deere with a rating of Buy and set a new price target of $494.00
Melius downgraded Deere from Buy to Hold
SC 13G/A - DEERE & CO (0000315189) (Subject)
SC 13D/A - DEERE & CO (0000315189) (Subject)
SC 13G/A - DEERE & CO (0000315189) (Subject)
SC 13D/A - DEERE & CO (0000315189) (Subject)
SC 13G/A - DEERE & CO (0000315189) (Subject)
SC 13G/A - DEERE & CO (0000315189) (Subject)
MOLINE, Ill., Nov. 1, 2024 /PRNewswire/ -- Deere & Company (NYSE:DE) today announced the appointment of R. Preston Feight to the company's board of directors. He currently serves as chief executive officer of PACCAR Inc (NASDAQ:PCAR), a Fortune 500 company and a global technology leader in the design, manufacture, and customer support of high-quality light-, medium-, and heavy-duty trucks under the Kenworth, Peterbilt, and DAF nameplates. Feight's leadership at PACCAR has been characterized by pioneering advancements in engineering, manufacturing, aftermarket, and financial se
Rose is joining Deere from Boston Consulting Group (BCG), where he served as a senior partner and managing director and worked with Deere on the development of the company's Smart Industrial strategy MOLINE, Ill., Oct. 3, 2022 /PRNewswire/ -- Deere & Company (NYSE:DE) today announced the appointment of Justin R. Rose to President, Lifecycle Solutions, Customer Support & Supply Management, effective October 31. He will be based in Austin, Texas, at one of Deere's newest offices. Rose succeeds Marc A. Howze, who will become Senior Advisor, Office of the Chairman. Rose will be r
MOLINE, Ill., Dec. 2, 2020 /PRNewswire/ -- The Deere & Company (NYSE: DE) Board of Directors declared a regular quarterly dividend of $0.76 per share on common stock, payable February 8, 2021, to stockholders of record on December 31, 2020. SOURCE Deere & Company Related Links www.deere.com