BNP Paribas Trims Deere & Company Stake

Institutional investor reduces position in industrial equipment manufacturer

Mar. 16, 2026 at 7:53am

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BNP Paribas, a major institutional investor, has trimmed its position in Deere & Company (NYSE:DE) by 53.3% during the third quarter, according to a recent 13F filing with the Securities and Exchange Commission. The firm now owns 2,458 shares of the industrial products company's stock, down from 5,265 shares previously.

Why it matters

Deere & Company is a bellwether for the agricultural and construction equipment industries, and changes in institutional ownership can signal broader market trends or shifts in investor sentiment. BNP Paribas' decision to reduce its stake may reflect concerns about the company's performance or the broader economic outlook.

The details

According to the 13F filing, BNP Paribas sold 2,807 shares of Deere & Company during the third quarter, leaving it with a total of 2,458 shares valued at $1,124,000. The move comes as Deere & Company has seen its stock price fluctuate in recent months, with the share price ranging from a low of $404.42 to a high of $674.19 over the past year.

  • BNP Paribas trimmed its Deere & Company position during the third quarter of 2026.

The players

BNP Paribas

A major global financial institution and institutional investor.

Deere & Company

A global manufacturer of agricultural, construction, and forestry machinery, as well as turf care equipment and power systems.

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The takeaway

BNP Paribas' decision to reduce its stake in Deere & Company may signal broader concerns about the industrial equipment sector or the overall economic outlook. Investors will be watching to see if other major institutional investors follow suit or if Deere & Company can maintain its strong market position.