Trimble Inc. (NASDAQ:TRMB – Get Free Report) was the target of unusually large options trading on Thursday. Traders acquired 5,053 put options on the company. This is an increase of 555% compared to the average volume of 772 put options.
Wall Street Analyst Weigh In
TRMB has been the subject of several research reports. Wall Street Zen raised Trimble from a “hold” rating to a “buy” rating in a report on Saturday, May 9th. Raymond James Financial downgraded shares of Trimble from a “moderate buy” rating to a “hold” rating in a report on Wednesday, July 22nd. Weiss Ratings lowered shares of Trimble from a “hold (c)” rating to a “hold (c-)” rating in a research report on Thursday, June 4th. Zacks Research cut shares of Trimble from a “strong-buy” rating to a “hold” rating in a research note on Monday, April 13th. Finally, Piper Sandler reduced their target price on shares of Trimble from $97.00 to $87.00 and set an “overweight” rating for the company in a report on Wednesday, May 6th. Nine analysts have rated the stock with a Buy rating and three have assigned a Hold rating to the company’s stock. According to data from MarketBeat, Trimble presently has an average rating of “Moderate Buy” and an average target price of $83.78.
Read Our Latest Stock Report on Trimble
Trimble Stock Performance
Trimble (NASDAQ:TRMB – Get Free Report) last posted its quarterly earnings data on Wednesday, May 6th. The scientific and technical instruments company reported $0.79 earnings per share for the quarter, topping the consensus estimate of $0.72 by $0.07. The firm had revenue of $939.90 million for the quarter, compared to analysts’ expectations of $905.60 million. Trimble had a return on equity of 11.61% and a net margin of 12.38%.The company’s quarterly revenue was up 11.8% compared to the same quarter last year. During the same quarter last year, the business earned $0.61 EPS. Trimble has set its Q2 2026 guidance at 0.780-0.820 EPS and its FY 2026 guidance at 3.470-3.640 EPS. Research analysts expect that Trimble will post 3.01 EPS for the current year.
Institutional Trading of Trimble
Hedge funds and other institutional investors have recently bought and sold shares of the business. ABN Amro Investment Solutions raised its position in shares of Trimble by 90.8% in the fourth quarter. ABN Amro Investment Solutions now owns 60,512 shares of the scientific and technical instruments company’s stock valued at $4,741,000 after buying an additional 28,791 shares in the last quarter. Sivia Capital Partners LLC bought a new stake in shares of Trimble in the second quarter valued at approximately $208,000. Swedbank AB grew its position in Trimble by 60.0% during the fourth quarter. Swedbank AB now owns 508,180 shares of the scientific and technical instruments company’s stock worth $39,816,000 after buying an additional 190,638 shares in the last quarter. National Pension Service grew its position in Trimble by 49.4% during the fourth quarter. National Pension Service now owns 57,132 shares of the scientific and technical instruments company’s stock worth $4,476,000 after buying an additional 18,897 shares in the last quarter. Finally, Massachusetts Financial Services Co. MA increased its stake in Trimble by 19.1% during the 4th quarter. Massachusetts Financial Services Co. MA now owns 4,217,742 shares of the scientific and technical instruments company’s stock worth $330,460,000 after acquiring an additional 675,134 shares during the period. Institutional investors and hedge funds own 93.21% of the company’s stock.
Trimble Company Profile
Trimble Inc (NASDAQ: TRMB) is a technology company that develops hardware, software and services to improve the productivity and connectivity of customers across the construction, agriculture, geospatial, transportation and logistics, and natural resources sectors. The company’s offerings center on advanced positioning technologies — including GNSS/GPS receivers, inertial sensors and laser scanning — integrated with application-specific software and cloud services to enable precise measurement, modeling, machine control and workflow automation for field and office operations.
Trimble’s product portfolio spans surveying and geospatial instruments (total stations, mobile mapping and terrestrial laser scanners), construction solutions (machine control systems, site positioning and estimating), agriculture systems (auto-steer, guidance and application-control platforms), and fleet and transportation telematics.
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