5 Best Industrial Machinery Stocks to Invest in

4. Deere & Company (NYSE:DE)

Number of Hedge Fund Investors In Q4 2023: 54

Deere & Company (NYSE:DE) is the well known American construction and agricultural equipment manufacturer. The firm has been doing well on the financial front as of late, since it has beaten analyst EPS estimates in all four of its latest quarters.

By the end of last year’s fourth quarter, 54 out of the 933 hedge funds profiled by Insider Monkey were the firm’s stakeholders. The largest Deere & Company (NYSE:DE) hedge fund shareholder is Michael Larson’s Bill & Melinda Gates Foundation Trust through its $1.4 billion investment.

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