Deere & Company logo DE - Deere & Company

Price: -- -- | CONSENSUS: Hold DETAILS
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BUY 19
HOLD 21
SELL 6
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| PRICE TARGET: $691.58 DETAILS
HIGH: $812.00
LOW: $500.00
MEDIAN: $707.50
CONSENSUS: $691.58
UPSIDE: 17.84%

About Deere & Company (https://www.deere.com/en)

Deere & Company is a global manufacturer and distributor of a wide range of equipment. The company's operations are organized into four primary business segments: Production and Precision Agriculture, Small Agriculture and Turf, Construction and Forestry, and Financial Services. The Production and Precision Agriculture segment focuses on large-scale farming and advanced agricultural practices, offering medium-sized tractors, various harvesting machinery (including combines, cotton pickers, and sugarcane harvesters), front-end harvesting tools, sugarcane loaders, pull-behind scrapers, and essential tillage and seeding implements. It also supplies specialized application equipment like sprayers and nutrient management systems, along with soil preparation machinery, primarily serving grain growers. The Small Agriculture and Turf segment caters to smaller farming needs and land maintenance. Its product line includes utility tractors along with their complementary loaders and attachments. This segment also provides an extensive selection of turf and utility equipment, suchg as riding and commercial lawnmowers, specialized golf course maintenance machinery, and utility vehicles. Additionally, it offers various implements for tasks like mowing, tilling, snow removal, aerating, and general turf care across residential, commercial, golf, and sports environments, alongside other outdoor power products and hay and forage equipment. This division also resells products from other manufacturers. Its customer base includes dairy and livestock farmers, other crop producers, and general turf and utility clients. The Construction and Forestry segment delivers a comprehensive suite of heavy machinery for construction and logging. This includes earthmoving and roadbuilding equipment such as backhoe loaders, crawler dozers and loaders, four-wheel-drive loaders, excavators, motor graders, articulated dump trucks, landscape and skid-steer loaders, milling machines, pavers, compactors, rollers, crushers, screens, and asphalt plants. For forestry operations, it supplies log skidders, feller bunchers, log loaders and forwarders, and log harvesters, in addition to various attachments for all its machinery. Lastly, the Financial Services segment provides funding solutions to facilitate the sale and leasing of agriculture and turf, as well as construction and forestry equipment. It extends wholesale financing to dealers stocking these product lines, offers extended equipment warranties, and manages retail revolving charge accounts for end-users. Established in 1837, Deere & Company has its corporate headquarters situated in Moline, Illinois.

Key Executives

NAME TITLE DOB SALARY
John C. May Chairman, President & Chief Executive Officer 1969 $8,282,891 USD
Deanna Kovar President of Worldwide Ag & Turf Div, Production and Precision Ag and Americas and Australia 1979 $2,926,661 USD
Ryan D. Campbell President of Worldwide Construction, Forestry & Power Systems 1975 $2,870,301 USD
T. Brent Norwood Senior Vice President & Chief Financial Officer 1982 $2,729,580 USD
Andrew C. Traeger Chief Risk Officer & Senior VP of International Business at John Deere Financial
Christopher Seibert Director of Investor Relations
Felecia J. Pryor Senior Vice President & Chief People Officer 1975
J. Penn Chief Economist
Jahmy J. Hindman Senior Vice President & Chief Technology Officer 1976
Kellye L. Walker Senior VP, Chief Legal Officer, Global Law Services & Regulatory Affairs and Corporate Secretary 1967
Renee A. Mailhot Vice President & Chief Compliance Officer

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