Deere: Fiscal Q2 Earnings Snapshot
Deere & Co. (DE) reported its fiscal second-quarter earnings, with a profit of $1.77 billion and earnings of $6.55 per share, surpassing Wall Street's expectations. The agricultural equipment manufacturer also exceeded revenue forecasts, posting $13.37 billion in revenue, with adjusted revenue at $11.78 billion.
Elastic (NYSE:ESTC) Coverage Initiated by Analysts at William Blair
William Blair initiated coverage on Elastic (NYSE:ESTC) with an "outperform" rating, contributing to a generally positive outlook among Wall Street analysts despite some recent price target cuts. The consensus rating for Elastic is now a "Moderate Buy" with an average price target of $89.80. The company recently exceeded quarterly earnings expectations, reporting EPS of $0.73 against a $0.64 estimate, with revenue up 17.7% year over year.
JPMorgan Chase & Co. Issues Positive Forecast for Deere & Company (NYSE:DE) Stock Price
JPMorgan Chase & Co. has raised its price target for Deere & Company (NYSE:DE) from $550 to $560, maintaining a "neutral" rating, despite mixed analyst sentiment. Deere recently surpassed quarterly EPS and revenue estimates, but its crucial farm equipment segment faces challenges from weak agricultural demand and tariffs. The company lifted its construction & forestry sales outlook, providing a partial offset to agricultural weakness, while full-year net income guidance remained unchanged.
Hewlett Packard Enterprise (NYSE:HPE) Hits New 12-Month High Following Analyst Upgrade
Hewlett Packard Enterprise (HPE) reached a new 52-week high after Morgan Stanley increased its price target from $25 to $33, maintaining an equal weight rating. Other analysts, including Bank of America and Citigroup, have also raised price targets and issued "buy" ratings, contributing to a "Moderate Buy" consensus. Despite recent insider share sales, HPE beat EPS expectations in its latest earnings report with an 18.4% revenue increase year-over-year and maintained its quarterly dividend.
Meiji Yasuda Asset Management Co Ltd. Lowers Position in Caterpillar Inc. $CAT
Meiji Yasuda Asset Management Co Ltd. reduced its stake in Caterpillar Inc. by 43.9% in the fourth quarter, selling 9,110 shares. This comes amidst varied institutional investor activity, with some increasing and others decreasing their positions in CAT. Analysts have a "Moderate Buy" consensus rating for Caterpillar, with a target price of $923.14.
Heritage Investors Management Corp Sells 4,825 Shares of Caterpillar Inc. $CAT
Heritage Investors Management Corp reduced its stake in Caterpillar Inc. by 3.8% in the fourth quarter, selling 4,825 shares and retaining 120,567 shares valued at $69.1 million. Despite this, Caterpillar reported strong quarterly results with EPS of $5.54 and revenue of $17.42 billion, outperforming analyst estimates. Wall Street maintains a "Moderate Buy" consensus rating for Caterpillar with an average price target of $923.14.
Axxcess Wealth Management LLC Has $52.58 Million Holdings in Caterpillar Inc. $CAT
Axxcess Wealth Management LLC significantly increased its stake in Caterpillar Inc. by 320.7% in Q4, reaching 91,785 shares valued at approximately $52.6 million. Despite notable insider selling totaling $91.2 million, Caterpillar maintains strong Wall Street support with a "Moderate Buy" consensus rating and a $923.14 average price target, driven by positive earnings and strategic initiatives in power infrastructure and AI.
Baker Hughes chief sells $814k in stock
James E. Apostolides, Chief Infrastructure & Performance Officer at Baker Hughes Co (BKR), sold 12,261 shares of company stock for $814,375 on May 19, 2026, as per a Rule 10b5-1 trading plan. This sale occurred while the stock was trading near its 52-week high, although InvestingPro analysis suggests it is overvalued. Despite the sale, Baker Hughes recently reported strong Q1 2026 earnings, leading several firms to adjust their price targets positively.
Hartford Insurance Group shareholders approve board nominees and auditor at annual meeting
Hartford Insurance Group (NYSE:HIG) shareholders voted to elect all nominated directors to serve until the 2027 annual meeting and approved Deloitte & Touche LLP as the independent registered public accounting firm for fiscal year 2026. They also approved the compensation of named executive officers on an advisory basis. A shareholder proposal for written consent rights was not approved, and the company recently reported first-quarter 2026 earnings that missed analyst expectations, leading Mizuho to slightly lower its earnings estimate but maintain an Outperform rating.
Sturm Ruger CEO Todd Seyfert buys $58,725 of RGR common stock
Sturm Ruger & Co Inc (NYSE:RGR) CEO Todd William Seyfert recently purchased 1,500 shares of the company's common stock for $58,725. This transaction was reported on May 20, 2026, with shares bought at $39.15 each. The insider buying follows Sturm Ruger's mixed first-quarter 2026 financial results, where adjusted EPS missed forecasts but revenue exceeded expectations.
Trinity Industries declares 31 cent quarterly dividend
Trinity Industries Inc. (NYSE:TRN) has declared a quarterly dividend of $0.31 per share, representing a 3.67% yield. This marks the company's 249th consecutive quarterly dividend payment, maintaining payments for 56 years and raising it for 15 consecutive years. The company's stock has seen a 33.6% gain in the past six months, despite a recent revenue miss in Q1 2026, driven by strong EPS performance.
Deere sees construction gains as farmers face tough markets
Deere & Co. reported fiscal second-quarter earnings that topped expectations, driven by strong construction and forestry sales, which offset sluggish farm machinery sales. The company maintained its profit outlook despite ongoing challenges for farmers, including rising costs due to the Iranian war and volatile agriculture markets. While the outlook for South American sales worsened, Deere expects improved crop demand from China following a recent U.S.-China summit.
Deere Faces Right-to-Repair Lawsuit from Chicago Site Work Contractor
Christy Webber & Co. Landscapes, a Chicago contractor, has filed a class-action antitrust lawsuit against Deere & Co. for restricting customers' ability to repair their own construction and forestry equipment, alleging that Deere forces reliance on its dealer network and proprietary parts. The lawsuit follows a similar settlement by Deere's agriculture division and highlights the growing "right-to-repair" movement for construction equipment. Webber & Co. asserts that Deere withholds essential diagnostic tools, leading to increased costs and limited repair choices for equipment owners.
In flurry of trading activity, Trump purchases John Deere stock
Donald Trump's investment portfolio purchased John Deere stock three times since January 2026, including an "unsolicited" large purchase in March. These trades are part of thousands recently made, involving companies that have business before the Trump administration. Despite criticism for not using a blind trust, Trump has maintained that his actions are above board.
Deere Faces Right-to-Repair Lawsuit from Chicago Site Work Contractor
Christy Webber & Co., a Chicago-based contractor, has filed an antitrust class-action lawsuit against Deere & Co., alleging that Deere restricts owners' ability to independently repair their construction equipment. The lawsuit claims Deere forces customers to use its dealer network and purchase Deere parts, even when customers have their own mechanics and aftermarket parts. This action follows a similar $99 million settlement by Deere's agriculture division over right-to-repair issues, highlighting a growing debate over equipment ownership and repair rights.
Deere & Co. stock underperforms Thursday when compared to competitors
Deere & Co. (DE) stock fell by 5.19% on Thursday, closing at $531.35 despite a positive trading session for the broader market, with both the S&P 500 and Dow Jones Industrial Average seeing gains. The company's stock is now 21.19% below its 52-week high reached in February.
Deere tops quarterly estimates despite weak agricultural demand
Deere & Company exceeded Wall Street's expectations for sales and profit in its latest fiscal quarter, despite ongoing weakness in the agricultural equipment market. The company reported earnings per share of $6.55 and net sales and revenues of $13.37 billion, both above analyst estimates. However, Deere maintained its annual net income forecast, signaling continued challenges, particularly with a 14% decline in large farm equipment sales.
Deere Reports Q2 2026 Results: Full Earnings Call Transcript
Deere reported a 5% year-over-year increase in net sales for Q2 2026, with equipment operations achieving a 16.9% margin, bolstered by a $272 million recovery from IPA tariffs. While construction and small ag segments performed strongly, large agricultural operations faced challenges from high input costs and interest rates. The company maintained its net income outlook for fiscal 2026, anticipating $4.5 to $5 billion, with expectations for stronger sales in the latter half of the year.
Deere shares tumble after weak large-ag outlook overshadows earnings beat
Deere & Company's shares fell despite beating earnings expectations, as the manufacturer's weak outlook for large agricultural equipment sales overshadowed its strong performance. This cautionary guidance suggests potential challenges in the agricultural sector, leading investors to react negatively to the future prospects rather than the past quarter's results.
Deere shares tumble after weak large-ag outlook overshadows earnings beat
Deere & Co. (DE) shares fell by as much as 7.2% after the company reported quarterly results that beat analyst estimates but indicated ongoing weakness in large agricultural markets. The company projects a significant decline in large agricultural equipment demand for both North America and South America. Despite this, its construction and small agriculture segments showed strong growth, partially offsetting the agricultural sector's challenges.
Stock Market Live May 21, 2026: S&P 500 (SPY) Slips as Oil Gushes Higher
The S&P 500 (SPY) slipped as oil prices surged due to ongoing geopolitical tensions. Despite strong earnings from Nvidia, which saw revenue explode 85% year over year, the markets were negatively impacted by rising Treasury yields and oil prices. Walmart's latest guidance raised concerns about consumer health, signaling a shift towards necessity-based spending and lower-income shoppers trading down.
Archer Daniels Midland’s SWOT analysis: stock faces policy headwinds
Archer Daniels Midland (ADM) is facing uncertainty due to pending biofuel legislation, which is expected to negatively impact its near-term performance, especially in its crush segment. Despite these headwinds, ADM's stock has shown strong returns over the past year, and its nutrition segment continues to provide stability and growth. The company's upcoming Q4 fiscal year 2025 earnings report on February 3rd will be closely watched for insights into its outlook and the impact of regulatory changes.
Parker Hannifin to acquire CIRCOR aerospace unit for $2.55B
Parker Hannifin announced its strategic acquisition of CIRCOR International, Inc.'s Commercial and Defense Aerospace business for $2.55 billion in cash. This move aims to expand Parker Hannifin's presence in longer-cycle, higher-growth, high-margin aerospace and defense markets. The transaction, expected to close in the second half of 2026, includes an anticipated $75 million in tax benefits and values the CIRCOR unit at 22.7 times its estimated 2026 adjusted EBITDA before synergies.
Toro lawn mowers: what US buyers should know in 2026
This article provides an overview of Toro lawn mowers for US buyers in 2026, covering considerations for both residential and commercial use. It highlights the company's product range, its market position relative to competitors, and key features like walk-behind and riding options. The article also includes frequently asked questions about Toro's target audience and product relevance for various yard sizes.
Deere Q2 2026 earnings beat expectations, construction offsets farm slump
Deere & Company reported stronger-than-expected earnings for the second quarter of 2026, primarily driven by robust performance in its construction and forestry division. This growth helped to offset a slowdown in the agricultural and turf sectors. The company's diversified business model proved resilient amidst varying market conditions.
Deere Reports Second Quarter Net Income of $1.773 Billion
Deere & Company reported a net income of $1.773 billion for the second quarter ending May 3, 2026, slightly down from $1.804 billion in the same period last year. Despite ongoing challenges in global agricultural markets, the company attributes its solid performance to strong execution across its diversified portfolio, particularly in its Small Ag and Construction & Forestry divisions. Deere maintains its fiscal 2026 net income forecast in the range of $4.5 billion to $5.0 billion, emphasizing continued investment in innovation and leveraging its dealer network for long-term growth.
Deere’s profit falls as large equipment demand remains soft
Deere & Company reported that its second-quarter profit beat estimates, driven by stronger demand in its small agriculture and construction machinery segments. Despite this, the company maintained its full-year profit forecast unchanged due to ongoing softness in the large agriculture equipment market, where demand for heavy machinery remains weak. Shares of Deere slid over 6% following the report, as investors seek clearer signs of recovery in the agricultural sectors.
Deere tops forecasts as construction and small agriculture divisions drive growth (DE)
Deere & Company exceeded analyst expectations, driven by strong growth in its construction and small agriculture divisions. The company's performance indicates resilience in these key market segments. This positive financial outcome led to an increase in Deere's stock symbol (DE).
John Deere and Starlink: How the Iconic Tractor Maker Quietly Became a SpaceX Partner
John Deere has quietly partnered with SpaceX's Starlink to provide satellite connectivity for its agricultural equipment, enabling remote monitoring and operations in areas underserved by terrestrial networks. This strategy represents Deere's vertical integration approach to precision agriculture, contrasting with AGCO's open-system retrofit strategy. The partnership highlights the increasing importance of connectivity in modern farming and positions Deere with a significant competitive advantage.
Deere Stock Rises on Earnings Relief. Farmers Have Been Getting Squeezed.
Deere's stock increased following the release of its quarterly earnings, which surpassed analysts' expectations. The company has faced challenges due to rising input costs, which have put pressure on farmers and potentially impacted equipment sales.
Deere Sales Rise as Construction Growth Offsets Agriculture Weakness
Deere & Company reported a 5% increase in net sales and revenue for its fiscal second quarter, reaching $13.37 billion. This growth was driven by its construction equipment segment, which successfully counteracted a decline in its production agriculture business. Despite a slight dip in net income to $1.77 billion compared to the previous year, the company's earnings per share of $6.55 surpassed analyst expectations of $5.70.
Deere's second-quarter profit falls as large equipment demand stays weak
Deere & Co. reported a decline in its second-quarter profit due to weak demand for large farm machinery, with net income falling to $1.77 billion. The company's revenue, however, increased by 5% to $13.37 billion, driven by growth in its Small Agriculture and Construction segments, despite a 14% drop in its Production & Precision Agriculture segment. This slowdown is attributed to muted demand from farmers facing weak crop prices and rising costs, compounded by U.S. tariffs.
Deere Reports Second Quarter Net Income of $1.773 Billion
Deere & Company reported a net income of $1.773 billion for the second quarter of 2026, or $6.55 per share, a slight decrease from the previous year. Despite ongoing challenges in agricultural markets, the company maintained its net income guidance for fiscal 2026 between $4.5 billion and $5.0 billion, driven by strong performance in its Small Ag and Construction & Forestry segments. The company emphasizes its commitment to innovation and its dealer network to support sustained growth and shareholder value.
Deere & Company $DE Shares Bought by Rathbones Group PLC
Rathbones Group PLC increased its stake in Deere & Company by 1.9% in the fourth quarter, bringing its total holdings to 316,393 shares valued at approximately $147.3 million. Wall Street analysts maintain a "Moderate Buy" rating for Deere, with an average price target of $655.45. The company recently reported better-than-expected quarterly earnings and announced a quarterly dividend of $1.62 per share.
Deere & Company (NYSE: DE) posts mixed Q2 2026 results with higher sales and softer profit
Deere & Company (NYSE: DE) reported mixed Q2 2026 results, with worldwide net sales and revenues increasing by 5% to $13.369 billion, while net income slightly decreased by 2% to $1.773 billion. The company saw strong performance in its Small Agriculture & Turf and Construction & Forestry segments, offsetting a significant decline in Production & Precision Agriculture sales. Deere maintained its full-year fiscal 2026 net income forecast at $4.5–$5.0 billion, indicating confidence in leveraging growth areas despite challenges in large agriculture markets.
ProShare Advisors LLC Has $21.62 Million Stock Holdings in Deere & Company $DE
ProShare Advisors LLC increased its stake in Deere & Company by 8.8% in the fourth quarter, bringing its total holdings to 46,429 shares valued at $21.62 million. Deere & Company reported strong quarterly results, with earnings exceeding estimates and revenue rising 17.5% year-over-year. Wall Street analysts hold a "Moderate Buy" consensus rating for Deere, with an average target price of $655.45, reflecting optimism despite some concerns about farm demand and tariff impacts.
Deere: Fiscal Q2 Earnings Snapshot
Deere & Co. (DE) announced a fiscal second-quarter profit of $1.77 billion, or $6.55 per share, surpassing Wall Street expectations of $5.81 per share. The company's adjusted revenue of $11.78 billion also exceeded forecasts. This financial performance indicates a strong quarter for the agricultural equipment manufacturer.
Blackbaud stock hits 52-week low at 30.35 USD
Blackbaud Inc.'s stock has fallen to a 52-week low of $30.35, representing a nearly 50% year-over-year decline and trading approximately 60% below its 52-week high. Despite this, InvestingPro analysis suggests the stock is undervalued, with analysts predicting profitability this year and a strong free cash flow yield. The company recently reported Q1 2026 earnings, exceeding revenue estimates but slightly missing EPS, and has announced new partnerships and AI-powered tools to enhance its offerings.
The Bull Case For CNH Industrial (CNH) Could Change Following Dividend Cut And Board Refresh - Learn Why
CNH Industrial (CNH) recently approved a reduced cash dividend of US$0.10 per share and appointed new non-executive directors. These changes come amidst weak North American agricultural demand and margin pressures affecting the company's core business. Analysts have highlighted these concerns, reinforcing that CNH's near-term outlook depends on improved order trends and pricing discipline, making the dividend cut and board refresh important considerations for investors.
Watch Walmart Reports Solid Sales Growth; Deere Gets Construction Boost | Stock Movers
This "Stock Movers" episode discusses recent financial news affecting major companies. Walmart (WMT) reported solid sales growth due to its focus on low prices and fast delivery, while Intuit (INTU) shares dropped after its Q3 results and news of staff cuts. Deere & Co (DE) saw a boost from its construction and forestry sectors, which helped offset agricultural market volatility.
Upcoming Earnings Reports: NIO, Walmart, Deere & Company, and Mo
NIO Inc. is set to release its earnings report, which is highly anticipated by investors interested in the rapidly transforming electric vehicle market. Despite a solid GF Score of 76/100 and strong growth potential (9/10), the company faces significant challenges in financial strength and profitability, both rated 3/10. Investors will be looking for insights into how NIO plans to address these financial concerns and sustain its long-term success.
Ex-John Deere dealership employee in Waco pleads guilty to embezzling more than $76,000
Sarah Nicole Louis, a former employee of a Waco John Deere dealership, pleaded guilty to third-degree felony theft for embezzling over $76,000 from the company. The McLennan County District Attorney's Office recommends 10 years of felony deferred probation, and Louis has agreed to pay restitution. Sentencing is scheduled for July 29, after a presentence investigation.
John Deere launches pair of wheel loaders
John Deere has introduced two new X-Tier wheel loaders, the 844 and 904, designed for high-production customers. These loaders feature Electric Variable Transmission (EVT) and Pile Slip Assist to improve efficiency, reduce fuel consumption, and enhance productivity in demanding applications. Optional Advanced Vision System and Object Detection also boost operator awareness and safety on jobsites.
John Deere Expands X-Tier Lineup With New 844, 904 X-Tier Wheel Loaders
John Deere has expanded its X-Tier wheel loader lineup with the introduction of the 844 and 904 models. These new machines feature advanced Electric Variable Transmission, improved traction, and offer up to 15% fuel savings, aiming to enhance productivity and lower operating costs for high-production customers. The loaders also come with optional advanced vision systems and remote diagnostics to further boost jobsite performance.
Jim Cramer on Caterpillar: “It’s Integral to Data Center Construction”
Jim Cramer highlighted Caterpillar Inc. (NYSE: CAT) as integral to data center construction, oil and gas, and infrastructure, explaining its role in providing essential power systems. Despite its current high valuation, Cramer suggested its involvement in powering hyperscale data centers makes it a buy. The article also mentions other AI stocks that may offer higher returns.
Walmart, Ross Stores, Deere & Co and more set to report Thursday
Several major corporations, including Walmart, Ross Stores, and Deere & Co, are scheduled to report their quarterly earnings on Thursday. These reports will offer critical insights into consumer spending, industrial demand, and the tech sector's health, helping investors gauge the current economic climate. A detailed list of companies reporting before and after market close, along with their EPS and revenue estimates, is provided for investors.
How John Deere Expert Alerts Help to Manage a Machine's Life Cycle
John Deere Expert Alerts, powered by RDO Equipment Co.'s Connected Machine Support, help fleet managers proactively monitor machine health to prevent downtime and extend equipment life. This system uses telematics, planned maintenance, and remote monitoring to enable early issue detection and resolution, thereby reducing repair costs and keeping job sites productive. By connecting machines to the Operations Center and leveraging a centralized monitoring team, RDO helps customers manage risks, maximize uptime, and make informed decisions regarding equipment maintenance and replacement.
Walmart, Ross Stores, Deere & Co and more set to report Thursday
Several major corporations, including retail giant Walmart, Ross Stores, and agricultural equipment manufacturer Deere & Co, are scheduled to report their quarterly earnings on Thursday. These reports are anticipated to offer crucial insights into consumer spending, industrial demand, and the overall health of the technology sector, providing valuable information for investors navigating the current economic climate. The article lists estimated EPS and revenue for many of the companies reporting.
Walmart, Ross Stores, Deere & Co and more set to report Thursday
Several major corporations, including Walmart, Ross Stores, Deere & Co, Take-Two Interactive, and Workday, are scheduled to report their quarterly earnings on Thursday. These reports will offer critical insights into consumer spending, industrial demand, and the health of the technology sector, providing valuable information for investors navigating the current economic climate. The article lists estimated EPS and revenue for numerous companies reporting before and after the market opens.
Deere heads into Q2 earnings amid soft farm demand and rising tariff pressures (DE:NYSE)
Deere & Company (DE) is set to report its Q2 earnings amid challenges from soft farm demand, weak crop prices, high input costs, and rising tariff pressures. Analysts are looking for the company's cost discipline to offset these headwinds and for Production & Precision Agriculture (PPA) margins to be at or above 11% to validate a recovery. The stock's current valuation already anticipates a strong recovery, making it susceptible to ongoing pressures.