Deere & Company's Stock Analysis

Deere Company Annual Meeting Voting Results Summary

Deere & Company held its annual meeting of shareholders on February 25, 2026, where all director nominees were elected for terms expiring at the 2027 annual meeting. Shareholders approved the advisory compensation for the company's named executive officers and ratified Deloitte & Touche LLP as the independent registered public accounting firm for the 2026 fiscal year.

Several shareholder proposals were not approved, including those regarding a report on the return on investment of emission reduction goals, the right to act by written consent, and a report on faith-based business resource groups. The outcomes of these votes may have implications for corporate governance and shareholder engagement strategies.

Feb 27, 2026 11:03:51

Deere Reports Q1 2026 Net Income and Sales Figures

Deere & Company announced a net income of $656 million for the first quarter of fiscal 2026, translating to earnings of $2.42 per share. This marked a decline from the previous year's net income of $869 million, or $3.19 per share. However, the company reported a 13 percent increase in worldwide net sales and revenues, totaling $9,611 million, with net sales of $8,001 million compared to $6,809 million in the same quarter of 2025. The increase in sales was attributed to improved performance in the construction and small agriculture segments despite challenges in the global large agriculture industry.

In terms of segment performance, sales in the Production & Precision Agriculture, Small Agriculture & Turf, and Construction & Forestry segments all saw increases due to higher shipment volumes and favorable foreign currency translation. Operating profits were impacted by higher tariffs and warranty expenses. For fiscal 2026, Deere forecasted net income in the range of $4.5 billion to $5.0 billion, indicating a strategic focus on innovation and product development as the company aims to transition out of the current cycle.

Feb 19, 2026 06:03:46

Deere Company CFO Resignation and Interim Appointment Announced

Joshua A. Jepsen has announced his resignation as Senior Vice President and Chief Financial Officer of Deere & Company, effective February 19, 2026. His departure is not related to any financial issues or disagreements regarding the company's operations or policies.

Following Mr. Jepsen's resignation, Ryan D. Campbell will assume the role of acting Chief Financial Officer on an interim basis starting February 19, 2026, while the company searches for a permanent replacement. Mr. Campbell has been with the company since May 2022 and previously held the CFO position from March 2019 to May 2022.

Jan 22, 2026 16:00:40

Deere Appoints Cargill CEO Brian Sikes to Board

Deere & Company has expanded its Board of Directors from 10 to 11 members with the appointment of Brian Sikes, Chair and CEO of Cargill, effective December 4, 2025. Sikes brings extensive experience in the agricultural sector, having held various leadership roles at Cargill since 1991, and will also serve on the Compensation and Corporate Governance committees. The company has confirmed that there are no related party transactions or arrangements regarding Sikes' selection.

Additionally, Raj Kalathur, the current President of John Deere Financial and Chief Information Officer, plans to retire on January 31, 2026. Deere has issued a press release regarding these changes, highlighting Sikes' strategic vision and commitment to innovation in agriculture, which are expected to contribute positively to the company’s future direction and operations.

Dec 04, 2025 06:00:40

Deere Reports Fourth Quarter and Fiscal Year Financial Results

Deere & Company reported a net income of $1.065 billion for the fourth quarter of fiscal 2025, translating to $3.93 per share, a decrease from $1.245 billion or $4.55 per share in the same quarter of the previous year. For the fiscal year 2025, net income was $5.027 billion, or $18.50 per share, down from $7.100 billion, or $25.62 per share in fiscal 2024. The company's worldwide net sales and revenues increased by 11% in the fourth quarter to $12.394 billion, but experienced a 12% decline for the full year, totaling $45.684 billion. The increase in quarterly sales was attributed to higher shipment volumes and favorable pricing, while the annual decline reflected challenges in the market environment and cost pressures from tariffs and production costs.

For fiscal 2026, Deere forecasts net income between $4.00 billion and $4.75 billion. The company noted ongoing margin pressures primarily due to tariffs and challenges in the large agriculture sector, but highlighted its commitment to inventory management and cost control. Additionally, Deere made strategic acquisitions in 2025 to enhance its technology offerings and reported an increase in financial services net income due to favorable financing spreads. The company also increased its legal accruals and recorded impairment charges related to certain assets, indicating ongoing operational adjustments amid market fluctuations.

Nov 26, 2025 06:00:56

Deere Company Issues $500 Million in Unsecured Notes

Deere Funding Canada Corporation, a wholly owned subsidiary of Deere & Company, has agreed to sell $500 million in aggregate principal amount of 4.150% Notes due October 9, 2030. These Notes will be fully guaranteed on a senior unsecured basis by Deere & Company, ranking equally with the company’s other senior unsecured debts. Interest on the Notes is set to be paid semi-annually, starting April 9, 2026.

The Notes may be redeemed in whole or in part prior to maturity with advance notice, and under certain conditions, the Issuer or Guarantor can redeem the Notes at their principal amount plus any unpaid interest. The Securities have been registered under the Securities Act of 1933, and related documents, including a Preliminary and Final Prospectus Supplement, have been filed with the SEC to facilitate this public offering.

Oct 09, 2025 17:06:08

Deere Company Announces Leadership Changes Impacting Key Divisions

Deere & Company has appointed new leaders to key positions within the organization, effective November 3, 2025. Cory Reed will transition to President of Lifecycle Solutions, Supply Management, and Customer Success, moving from his previous role as President of the Worldwide Ag & Turf Division. Deanna Kovar will become President of the Worldwide Agriculture & Turf Division: Production and Precision Ag, while Justin Rose will take on the role of President for the Worldwide Agriculture & Turf Division: Small Agriculture and Turf.

These leadership changes are part of Deere's ongoing efforts to enhance its Smart Industrial Strategy, which aims to deliver intelligent, connected machines and solutions. The new appointments are expected to drive innovation and improve customer value across the company's diverse product offerings in agriculture, construction, and turf management.

Sep 02, 2025 06:01:43

Deere Reports Decrease in Q3 Earnings and Sales Figures

Deere & Company announced a net income of $1.289 billion for the third quarter of fiscal 2025, translating to $4.75 per share, a decline from $1.734 billion or $6.29 per share in the same quarter of the previous year. For the first nine months of 2025, net income was $3.962 billion, down from $5.855 billion in the prior year. The company's worldwide net sales and revenues also fell by 9% to $12.018 billion for the third quarter and by 18% to $33.290 billion for the year-to-date period compared to last year. The company attributed these declines to lower shipment volumes and unfavorable price realizations across its segments, including production and precision agriculture, small agriculture and turf, and construction and forestry.

Additionally, Deere acquired businesses for $89 million to enhance its technology offerings, focusing on data utilization for customer profitability and efficiency. The company also recorded a non-cash impairment charge of $61 million related to its battery operations due to decreased demand. Furthermore, Deere entered into a partnership with Banco Bradesco to reduce risk in its Brazilian operations, resulting in a deconsolidation of its subsidiary Banco John Deere S.A. The company implemented employee-separation programs aimed at reducing redundancy and aligning with strategic priorities.

Aug 14, 2025 06:00:49

Deere Company Announces Board Member's Passing and Leadership Changes

Deere & Company announced the death of Sherry M. Smith, a director since 2011 and the board's lead director. Following her passing, the Board has reduced its size to ten members and appointed R. Preston Feight as Lead Director. Smith was recognized for her significant contributions to the company and her prior role as executive vice president and chief financial officer at Supervalu Inc.

Deere & Company is a global leader in agricultural, construction, and forestry equipment. The company emphasizes its commitment to delivering technology-enabled products and financial services to meet growing global demands. For further details, investors can refer to the company's official communications and website.

Jul 07, 2025 11:34:42

Deere Reports Decreased Earnings and Sales for Second Quarter

Deere & Company announced a net income of $1.804 billion for the second quarter ending April 27, 2025, translating to $6.64 per share. This represents a decrease from the previous year's net income of $2.370 billion, or $8.53 per share. For the first half of the fiscal year, net income was $2.673 billion, down from $4.121 billion in the same period last year. The company's worldwide net sales and revenues also saw a significant decline of 16% in the second quarter, totaling $12.763 billion, and a 22% decrease for the first six months, amounting to $21.272 billion. The report highlighted challenges in shipment volumes and unfavorable currency effects impacting their production and precision agriculture segment significantly, which reported a 21% decline in net sales for the quarter.

In terms of segment performance, the production and precision agriculture sector saw a 30% drop in operating profit, while the construction and forestry segment experienced a 43% decrease in operating profit. The small agriculture and turf segment reported a slight increase in operating profit despite a 6% decline in net sales. Additionally, the company noted that financial services net income remained flat year-over-year. Deere’s outlook for fiscal 2025 includes anticipated declines in various agricultural and construction equipment markets, as well as the impacts of global import tariffs that are currently in effect.

May 15, 2025 06:00:20