Replies to post #554 on Deere and Co (DE)

[bar1080]

Deere Recent Q. Dividend Growth 
 ....   Date ....   Dividend 
 Dec 31, 2025	1.62 Dividend 
 Sep 30, 2025	1.62 Dividend 
 .Jun 30, 2025	1.62 Dividend 
 Mar 31, 2025	1.62 Dividend 
 Dec 31, 2024	1.62 Dividend 
 Sep 30, 2024	1.47 Dividend 
 Jun 28, 2024	1.47 Dividend 
 Mar 27, 2024	1.47 Dividend 
 Dec 28, 2023	1.47 Dividend 
 Sep 28, 2023	1.35 Dividend 
 Jun 29, 2023	1.25 Dividend 
 Mar 30, 2023	1.25 Dividend 
 Dec 29, 2022	1.20 Dividend 
 Sep 29, 2022	1.13 Dividend 
 Jun 29, 2022	1.13 Dividend 
 Mar 30, 2022	1.05 Dividend 
 Dec 30, 2021	1.05 Dividend 
 Sep 29, 2021	1.05 Dividend 
 .Jun 29, 2021	0.90 Dividend 
 .Mar 30, 2021  0.90 Dividend

.

[DewDiligence]

DE soars_to all-time high on_raised FY2026 guidance:

https://www.prnewswire.com/news-releases/deere-reports-first-quarter-net-income-of-656-million-302692550.html

New FY2026* net-income guidance is $4.5-5.0B, up $0.25-0.50B from the prior guidance of $4.0-4.75B given three months ago.

Based on 270M diluted shares, the new FY2026 net-income guidance equates to FY2026 GAAP EPS of $16.70-18.50.

At the current share price ($670 as I’m typing), the midpoint of the above EPS range ($17.60) represents a P/E ratio of 38x. This is pretty high, but DE thinks FY2026 will mark the bottom of the agriculture cycle, so investors expect strong EPS growth during the rest of the decade.

FY1Q26 CC slides:
https://s22.q4cdn.com/253594569/files/doc_financials/2026/q1/DE-1Q26-Earnings-Call-Slides.pdf

*DE’s fiscal years end on the Sunday closest to Oct 31.