Greenleaf Trust Reduces Deere & Company Stake

Institutional investor cuts position in industrial equipment manufacturer by over a third

Apr. 9, 2026 at 8:11am

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A highly reflective, chrome-plated tractor gear or component floating against a plain white background, lit dramatically to showcase its precise engineering and design.A gleaming industrial component from Deere & Company's equipment lineup, symbolizing the manufacturer's commitment to innovation and quality.Moline Today

Greenleaf Trust, an investment management firm, decreased its position in Deere & Company (NYSE: DE) by 33.9% during the fourth quarter, according to a recent SEC filing. The firm now owns 5,713 shares of the industrial products company's stock, valued at $2.66 million.

Why it matters

Deere & Company is a bellwether for the agricultural and construction equipment industries, so changes in major institutional investors' holdings can signal broader market trends and investor sentiment around the company's performance and outlook.

The details

According to the filing, Greenleaf Trust sold 2,925 shares of Deere & Company during the fourth quarter. The firm's total holdings in the company are now valued at $2.66 million. Deere & Company's stock price has fluctuated in recent months, reaching a 52-week high of $674.19 in March 2023 before pulling back.

  • Greenleaf Trust decreased its Deere & Company position during the fourth quarter of 2022.
  • Deere & Company's stock price reached a 52-week high of $674.19 in March 2023.

The players

Greenleaf Trust

An investment management firm that decreased its position in Deere & Company by 33.9% during the fourth quarter.

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

Greenleaf Trust's reduction in its Deere & Company holdings could signal broader caution among institutional investors regarding the agricultural equipment manufacturer's near-term prospects, despite the company's strong long-term fundamentals.