Inside the research

Deere & Company

DE Research profile · latest available data

Price overview

$690.46

▼ -4.48 (-0.6%)

52w hi$709.48
52w lo$435.19
Vol1.11M
As of25 Sep 2026

The Verdict

Hold

Our score +0.22

Short+0.48
Medium+0.18
Long-0.22

computed 2026-09-27

Key fundamentals

Deere & Company

Industrials · Farm & Heavy Construction Machinery

Market cap$186.17B
Enterprise value$243.85B
Trailing P/E38.32x
Forward P/E30.23x
EV / EBITDA28.36x
P / S (ttm)3.88x
Profit margin10.2%
Return on equity18.2%
Revenue growth+4.9%
Earnings growth+7.4%
Debt / equity230.30

Layer Breakdown

LayerRawContribution
Fundamental+0.10
Sector-0.01
Technical+0.29
Earnings+0.00
Sentiment+0.00

macro × 1.00 · 2026-09-27

Business overview

Deere & Company engages in the manufacture and distribution of various equipment worldwide. The company operates through four segments: Production and Precision Agriculture, Small Agriculture and Turf, Construction and Forestry, and Financial Services. The Production and Precision Agriculture segment provides four-wheel-drive track and row crop tractors, harvesters, cotton pickers and strippers, sugarcane harvesters and loaders, soil preparation, tillage, seeding, and crop care equipment, as well as application equipment, including sprayers and nutrient management, soil preparation machinery, and related attachments and service parts. The Small Agriculture and Turf segment offers specialty, utility, and compact tractors; self-propelled forage harvesters and attachments; rotary mowers, hay and forage equipment, and utility vehicles; turf and utility equipment, including riding lawn, commercial mowing, and golf course equipment, and utility vehicles, as well as implements for mowing, tilling, snow and debris handling, aerating, residential, commercial, golf, and sports turf care applications. The Construction and Forestry segment provides backhoe loaders, crawler dozers and loaders, four-wheel-drive loaders, excavators, motor graders, articulated dump trucks, skid-steer loaders, milling machines, recyclers, slipform and asphalt pavers, surface miners, compactors, tandem, static rollers, mobile crushers and screens, mobile and stationary asphalt plants, and log harvesters; and road building and rehabilitation equipment. 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. Deere & Company has a strategic partnership with Tarter USA to develop and produce flex wing rotary cutters. The company was founded in 1837 and is headquartered in Moline, Illinois.

United States · www.deere.com

Risk Metrics

Beta vs SPX0.69
Corr SPX0.36
Annual vol30.5%
Annual ret+31.2%
Sharpe1.02
Max DD-20.1%

Window: 504 trading days (504 obs)

Analyst Coverage

Mean PT$665.10
High / Low$793.00 / $500.00
Median$660.00
Analysts23
Strong Buy5
Buy8
Hold11
Sell0
Strong Sell0

Recent rating actions

2026-04-10JP Morgan→ Neutral
2026-04-08Jefferies→ Hold
2026-04-01Barclays→ Overweight
2026-03-09Citigroup→ Neutral
2026-02-24Morgan Stanley→ Overweight
2026-02-23Jefferies→ Underperform

Officers & Board

DirectorLeanne Caret since 2021
DirectorTami Erwin since 2020
CEOJohn May since 2019
DirectorJohn May since 2019
DirectorCharles O. Holliday, Jr. since 2018
DirectorAlan Heuberger since 2016
DirectorDmitri Stockton since 2015
DirectorSheila Talton since 2015
DirectorMike Johanns since 2015
DirectorGregory R. Page since 2013
DirectorSherry M. Smith since 2011
DirectorClayton M. Jones since 2007
FounderJohn Deere current
DirectorCharles O. Holliday, Jr. 2007–2016
CEOCharles Deere Wiman 1928–1955

Material Events

DateEvent8-K
2026-07-15Other Material Event, Exhibitsread
2026-06-01Officer / Director Changeread
2026-05-21Earnings Release, Reg FD Disclosure…read
2026-05-01Officer / Director Change, Reg FD Disclosure…read
2026-03-16Officer / Director Change, Exhibitsread
2026-02-27Shareholder Voteread
2026-02-19Earnings Release, Reg FD Disclosure…read
2026-01-22Officer / Director Changeread
2025-12-04Officer / Director Change, Reg FD Disclosure…read
2025-11-26Earnings Release, Reg FD Disclosure…read
2025-10-09Other Material Event, Exhibitsread
2025-09-02Officer / Director Change, Reg FD Disclosure…read

Insider Trades

DateInsiderRoleActionSharesValue
2026-05-01WALKER KELLYE L.Officer, Snr VP & CLO GLSWithheld for tax568$327.88K
2026-03-04Talton SheilaDirectorGrant293—
2026-03-04Erwin Tami A.DirectorGrant293—
2026-03-04FEIGHT R PRESTONDirectorGrant293—
2026-03-04Heuberger Alan CletusDirectorGrant293—
2026-03-04PAGE GREGORY RDirectorGrant293—
2026-03-04HUNN LAURENCE NEILDirectorGrant293—
2026-03-04Sikes James BrianDirectorGrant293—
2026-03-04STOCKTON DMITRI LDirectorGrant293—
2026-03-04Caret Leanne GDirectorGrant293—

Flow & Concentration

Insider 180d net$0
Insider buys / sells0 / 0
Insider biasNeutral
13F holders10
Top-5 share97.2%
HHI3,539 (concentrated)

Top Holders

HolderValueShares
State Street Corp$6.91B10.87M
Fidelity / FMR LLC$4.75B7.49M
Capital Research / Capital World$1.26B1.99M
Citadel Advisors$657.39M1.04M
Norges Bank (Norway sovereign)$340.56M536.88K
Ark Invest$249.31M393.02K
Millennium Management$93.04M146.67K
AQR Capital Management$46.54M74.72K
T. Rowe Price Group$4.79M7.55M
Bridgewater Associates$909.00K1.43K

As of 2026-06-30

Connections

Subsidiarys: Vapormatic

Dividends

Yield (TTM)0.70%
$ / share (TTM)$4.86
5y CAGR+16.3%

Annual dividend per share

2021$3.90
2022$4.51
2023$5.32
2024$6.03
2025$6.48
2026$1.62

Federal Contracts

AmountAgencyDescription
$6.71MDepartment of Defense8510172333!TRACK LOADER
$882.93KDepartment of Defense8510080478!SCOOP LOADER
$869.83KDepartment of Defense8510277659!CRAWLER DOZER
$792.08KDepartment of Defense8509577314!UTV ALL TERRAIN-4 PASS
$772.72KDepartment of the InteriorPURCHASE TRACTORS FOR MULTIPLE NATCHEZ TRACE SITES
$693.76KDepartment of the InteriorTWO (2) TRACTORS WITHOUT A LOADER AND TWO (2) TRACTORS WITH LOADERS FOR MULTIPLE
$572.01KDepartment of the InteriorSUPPLY, PROCUREMENT OF FIVE TRACTORS 4X4 DIESEL, NATR
$562.04KDepartment of the InteriorJOHN DEERE 950K CRAWLER DOZER, REDWOOD NATIONAL PARK (REDW)

SEC Filings

DateFormDoc
2026-07-158-Kview
2026-07-13424B2view
2026-07-10424B3view
2026-06-018-Kview
2026-05-2810-Qview
2026-05-218-Kview
2026-05-113view
2026-05-044view
2026-05-018-Kview
2026-03-3111-Kview
2026-03-3111-Kview
2026-03-168-Kview
2026-03-054view
2026-03-054view
2026-03-054view

The Long Run

FY 2009–2025 · 17 years

LineLatestCAGRTrend
Revenue$61.25B+4.9%
Gross profit$1.93B+0.8%
Operating income$9.04B+7.2%
Net income$7.10B+10.0%
Cash from ops$9.23B+11.6%

Indices

S&P 500

Recent Sessions

DateOpenHighLowCloseVol
Sep 25$694.99$698.29$681.06$690.461.11M
Sep 24$707.20$708.20$691.00$694.941.18M
Sep 23$702.05$721.22$701.72$709.481.82M
Sep 22$688.73$704.92$684.01$703.121.55M
Sep 21$686.12$695.05$683.62$684.73953.10K

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