Sumitomo Mitsui Trust Group Increases Stake in Deere & Company

Institutional investor boosts position in industrial equipment manufacturer

Apr. 12, 2026 at 11:05am

A high-end, photorealistic studio still-life photograph featuring a polished metal gear, a smooth wooden block, and a sleek black gear shifter, all arranged elegantly on a clean white background to represent the precision engineering and industrial power of Deere & Company's products.Sumitomo Mitsui Trust Group's increased stake in Deere & Company signals ongoing institutional confidence in the industrial equipment manufacturer's long-term prospects.Moline Today

Sumitomo Mitsui Trust Group Inc. increased its stake in Deere & Company (NYSE:DE) by 0.3% during the fourth quarter, according to a filing with the Securities and Exchange Commission. The fund now owns 793,104 shares of the industrial products company's stock, valued at $369,245,000.

Why it matters

Deere & Company is a major global manufacturer of agricultural, construction, and forestry equipment, making it a bellwether for the industrial and manufacturing sectors. Institutional investors closely track changes in ownership stakes as an indicator of market sentiment and future performance.

The details

Sumitomo Mitsui Trust Group Inc. increased its position in Deere & Company by adding 2,738 shares during the fourth quarter. The fund now owns 0.29% of Deere's outstanding shares. Other notable institutional investors in Deere include Brown Lisle Cummings Inc., KG&L Capital Management LLC, and Clear Creek Financial Management LLC.

  • Sumitomo Mitsui Trust Group Inc. disclosed the increased stake in a filing with the SEC on April 12, 2026.
  • The stake increase occurred during the fourth quarter of 2025.

The players

Sumitomo Mitsui Trust Group Inc.

A major Japanese financial services group and institutional investor.

Deere & Company

A global manufacturer of agricultural, construction, and forestry equipment, headquartered in Moline, Illinois.

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The takeaway

Sumitomo Mitsui Trust Group's increased stake in Deere & Company reflects ongoing institutional investor confidence in the industrial equipment manufacturer's long-term prospects, despite recent market volatility.