Alpha Score of 37 reflects weak overall profile with moderate momentum, poor value, poor quality, weak sentiment.
Deere & Company shares continue to trade in the lower half of their 52-week range of $412.99 to $662.49 as the market digests recent performance data. The company reports a year-over-year revenue decline of 2.6 percent alongside a more pronounced 21.4 percent contraction in earnings per share. These figures contribute to a high P/E ratio of 166.96, reflecting significant valuation compression relative to current profitability. While the net margin remains stable at 10.3 percent, the overall Alpha Score of 34.3 highlights underlying challenges in fundamental valuation and quality metrics. The momentum sub-score of 68.6 remains the strongest component of the current profile, suggesting that market participants are closely monitoring price action despite the weak growth indicators. With a value sub-score of 10.9 and a quality sub-score of 28.9, the data indicates that investors are currently prioritizing the firm's cyclical recovery potential over its immediate earnings trajectory. The lack of sentiment data further complicates the near-term outlook for the industrial giant. Monitor upcoming quarterly guidance to see if revenue growth stabilizes or if margin pressure persists.
On March 12, 2026, the Board of Directors of Deere & Company approved one-time grants of performance-based restricted stock units (PSUs) to named executive officers and other senior leadership. These awards are scheduled for issuance on or about March 19, 2026, under the John Deere 2020 Equity and Incentive Plan. The initiative is intended to align executive compensation with the company's long-term business objectives, specifically the Leap Ambitions, while ensuring retention through a multi-year vesting period. The PSUs are subject to a five-fiscal-year performance period spanning November 3, 2025, through October 27, 2030. Vesting is contingent upon the achievement of annual Shareholder Value Added (SVA) targets, which are adjusted based on the company's net sales relative to mid-cycle estimates to account for cyclical business fluctuations. Payouts are determined by an average performance percentage calculated over the five-year term, with potential payouts ranging from 0% to 175% of the target based on performance against SVA goals. No payout occurs if performance falls below 90% of the target. Termination provisions stipulate that all PSUs are forfeited if employment ends during the first three years of the performance period. Pro-rated vesting is permitted under specific conditions, such as death, disability, retirement, or qualifying termination after the completion of three full performance years. In the event of a change of control followed by a qualifying termination, grantees become fully service-vested. CEO John C. May received a target award value of $25 million, while Ryan D. Campbell and Deanna M. Kovar each received $5 million.
Deere & Company filed an 8-K on February 27, 2026, to report the official voting results from its annual meeting of shareholders held on February 25, 2026. Shareholders voted on the election of directors, executive compensation, the ratification of the independent registered public accounting firm, and three shareholder proposals. All ten director nominees were elected to terms expiring at the 2027 annual meeting. The board nominees included Leanne G. Caret, Tamra A. Erwin, R. Preston Feight, Alan C. Heuberger, L. Neil Hunn, John C. May, Gregory R. Page, Brian Sikes, Dmitri L. Stockton, and Sheila G. Talton. Shareholders also approved, on an advisory basis, the compensation paid to the company's named executive officers. Additionally, the appointment of Deloitte & Touche LLP as the independent registered public accounting firm for the 2026 fiscal year was ratified. Three shareholder proposals were presented and subsequently rejected by shareholders. These included a proposal requesting a report on the return on investment of emission reduction goals, a proposal regarding the shareholder right to act by written consent, and a proposal requesting a report on faith-based business resource groups. All three proposals failed to receive the necessary support for approval.
Deere & Company filed its Form 10-Q for the first quarter ending February 1, 2026. The filing outlines the company's financial position across its primary operating segments: Production and Precision Agriculture, Small Agriculture and Turf, Construction and Forestry, and Financial Services. The report details the company's accounting practices, including inventory valuation methods and the use of various financial models for asset and liability valuation. The document includes comprehensive data on equity movements, including treasury stock, retained earnings, and accumulated other comprehensive income. The company maintains a global operational footprint with segment-specific revenue recognition occurring both over time and at specific points in time across regions including the United States, Canada, Latin America, Western Europe, and Asia. The filing also notes subsequent events, specifically referencing the involvement of Tenna LLC within the Construction and Forestry segment as of February 18, 2026. Management continues to utilize interest rate swaps and other hedging instruments to manage financial risk. The report provides a detailed breakdown of segment performance and geographic distribution of sales, reflecting the company's ongoing focus on precision agriculture and equipment manufacturing.
Deere and Company filed an 8-K report on February 19, 2026, to formally announce its financial results for the first quarter of fiscal year 2026. The filing serves as a vehicle to provide the public with the company's official press release regarding its quarterly performance and supplemental financial data. Additionally, the company included an investor presentation intended for use during its scheduled earnings conference call. These documents, provided as exhibits to the filing, contain the detailed operational and financial metrics for the period. The company did not disclose specific financial figures or management commentary within the body of the 8-K itself, instead incorporating the information by reference to the attached exhibits. This filing satisfies the company's regulatory obligations under Item 2.02 regarding results of operations and financial condition, as well as Item 7.01 regarding Regulation FD disclosures.
Deere and Company filed an 8-K on January 22, 2026, to report a leadership transition within its executive team. Joshua A. Jepsen, the current Senior Vice President and Chief Financial Officer, has submitted his resignation from the company, effective February 19, 2026. The filing explicitly states that Jepsen's departure is not the result of any disagreements regarding the company's financial reporting, accounting practices, operations, or policies. To ensure continuity in financial leadership, the company has appointed Ryan D. Campbell to serve as the acting Chief Financial Officer, effective February 19, 2026. Campbell will serve as the company's principal financial officer and principal accounting officer on an interim basis while the board conducts a search for a permanent successor. Campbell is not new to the role, having previously served as the company's Senior Vice President and Chief Financial Officer from March 2019 to May 2022. Since May 2022, he has held the position of President, Worldwide Construction and Forestry and Power Systems. The company has directed stakeholders to its most recent proxy statement, filed on January 14, 2026, for details regarding Campbell's compensation structure.
| Date | Insider | Role | Type | Shares | Value |
|---|---|---|---|---|---|
| Jan 14, 26 | Reed Cory J | Pres, Life Sol Cust Sup & S.M. | SELL | 12.0K | $6.1M |
| Fund | Shares Held | Position Value | Action (latest Q) |
|---|---|---|---|
| Citadel Ken Griffin | 806K | $375.39M | NEW |
| ARK Invest Cathie Wood | 422K | $196.43M | NEW |
| Marshall Wace | 355K | $165.49M | NEW |
| D.E. Shaw David Shaw | 355K | $165.36M | NEW |
| Renaissance Technologies Jim Simons (founder) | 183K | $85.08M | NEW |
| Point72 Steve Cohen | 37K | $17.18M | NEW |
Deere & Company is a leading global manufacturer and distributor of agricultural, construction, and forestry equipment. The company operates through four key segments: Production and Precision Agriculture, which offers large and mid-size tractors, combines, cotton pickers, sugarcane harvesters, soil preparation machinery, seeding, crop care equipment, sprayers, and nutrient management tools; Small Agriculture and Turf; Construction and Forestry; and Financial Services, providing financing for machinery and dealers. Deere & Company serves farmers, turf managers, construction professionals, and foresters worldwide, with a robust dealer network spanning over 100 countries and significant sales in the US, Canada, Europe, Latin America, and beyond. Renowned for innovation in precision agriculture and AI-driven agritech, it equips customers with advanced technology for enhanced productivity and efficiency. As the world's top producer of agricultural equipment and a major player in construction machinery, Deere & Company plays a pivotal role in modernizing farming and heavy equipment sectors, supporting global food production and infrastructure development through reliable, high-performance products and comprehensive financial solutions.
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