Lbp Am Sa Increases Position in Trimble Inc. $TRMB

Lbp Am Sa increased its stake in Trimble Inc. (NASDAQ:TRMB) by 43.2% in the fourth quarter, HoldingsChannel.com reports. The firm owned 252,044 shares of the scientific and technical instruments company’s stock after acquiring an additional 76,050 shares during the quarter. Lbp Am Sa’s holdings in Trimble were worth $19,748,000 at the end of the most recent reporting period.

A number of other large investors have also made changes to their positions in TRMB. Massachusetts Financial Services Co. MA purchased a new position in shares of Trimble in the 3rd quarter valued at about $289,254,000. Wellington Management Group LLP increased its holdings in shares of Trimble by 12,120.5% in the 3rd quarter. Wellington Management Group LLP now owns 2,743,757 shares of the scientific and technical instruments company’s stock valued at $224,028,000 after purchasing an additional 2,721,305 shares in the last quarter. Danica Pension Livsforsikringsaktieselskab purchased a new position in shares of Trimble in the 3rd quarter valued at about $56,747,000. Raymond James Financial Inc. increased its holdings in shares of Trimble by 73.1% in the 2nd quarter. Raymond James Financial Inc. now owns 1,283,759 shares of the scientific and technical instruments company’s stock valued at $97,540,000 after purchasing an additional 542,245 shares in the last quarter. Finally, AQR Capital Management LLC increased its holdings in shares of Trimble by 42.5% in the 2nd quarter. AQR Capital Management LLC now owns 1,372,779 shares of the scientific and technical instruments company’s stock valued at $104,166,000 after purchasing an additional 409,127 shares in the last quarter. Hedge funds and other institutional investors own 93.21% of the company’s stock.

Insider Activity

In other Trimble news, CEO Robert G. Painter sold 7,500 shares of the firm’s stock in a transaction dated Tuesday, March 10th. The shares were sold at an average price of $70.45, for a total transaction of $528,375.00. Following the sale, the chief executive officer directly owned 19,397 shares of the company’s stock, valued at $1,366,518.65. This trade represents a 27.88% decrease in their position. The transaction was disclosed in a document filed with the Securities & Exchange Commission, which is accessible through this link. 0.54% of the stock is owned by corporate insiders.

Wall Street Analysts Forecast Growth

A number of equities research analysts recently commented on the stock. Wall Street Zen cut shares of Trimble from a “buy” rating to a “hold” rating in a research note on Saturday, April 4th. Zacks Research cut shares of Trimble from a “strong-buy” rating to a “hold” rating in a research note on Monday. Oppenheimer reissued an “outperform” rating and issued a $86.00 price objective on shares of Trimble in a research note on Tuesday, February 10th. Wells Fargo & Company lowered their price objective on shares of Trimble from $94.00 to $79.00 and set an “overweight” rating on the stock in a research note on Thursday, February 12th. Finally, Barclays increased their price objective on shares of Trimble from $101.00 to $103.00 and gave the company an “overweight” rating in a research note on Friday, March 6th. Ten research analysts have rated the stock with a Buy rating and two have assigned a Hold rating to the company. According to MarketBeat, Trimble presently has a consensus rating of “Moderate Buy” and a consensus price target of $92.78.

Trimble Price Performance

Shares of NASDAQ TRMB opened at $66.79 on Thursday. The stock has a market cap of $15.50 billion, a price-to-earnings ratio of 38.17, a PEG ratio of 2.22 and a beta of 1.53. Trimble Inc. has a 52 week low of $55.55 and a 52 week high of $87.50. The company’s 50-day moving average price is $66.54 and its 200 day moving average price is $74.15. The company has a current ratio of 1.09, a quick ratio of 0.96 and a debt-to-equity ratio of 0.24.

Trimble (NASDAQ:TRMB) last issued its quarterly earnings data on Tuesday, February 10th. The scientific and technical instruments company reported $1.00 EPS for the quarter, beating analysts’ consensus estimates of $0.96 by $0.04. Trimble had a net margin of 11.82% and a return on equity of 11.18%. The firm had revenue of $969.80 million for the quarter, compared to analysts’ expectations of $949.97 million. During the same period in the prior year, the company earned $0.89 EPS. The firm’s revenue was down 1.4% on a year-over-year basis. Trimble has set its FY 2026 guidance at 3.420-3.620 EPS and its Q1 2026 guidance at 0.690-0.740 EPS. As a group, research analysts forecast that Trimble Inc. will post 2.37 earnings per share for the current fiscal year.

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.