Swedbank AB raised its holdings in Trimble Inc. (NASDAQ:TRMB – Free Report) by 60.0% during the 4th quarter, according to its most recent filing with the Securities and Exchange Commission. The fund owned 508,180 shares of the scientific and technical instruments company’s stock after buying an additional 190,638 shares during the period. Swedbank AB’s holdings in Trimble were worth $39,816,000 at the end of the most recent reporting period.
Other hedge funds and other institutional investors have also recently added to or reduced their stakes in the company. Toth Financial Advisory Corp acquired a new stake in Trimble in the 4th quarter valued at $27,000. Root Financial Partners LLC acquired a new stake in Trimble in the 3rd quarter valued at $30,000. Hantz Financial Services Inc. increased its stake in Trimble by 90.8% in the 3rd quarter. Hantz Financial Services Inc. now owns 372 shares of the scientific and technical instruments company’s stock valued at $30,000 after buying an additional 177 shares during the last quarter. Quarry LP increased its stake in Trimble by 175.8% in the 3rd quarter. Quarry LP now owns 364 shares of the scientific and technical instruments company’s stock valued at $30,000 after buying an additional 232 shares during the last quarter. Finally, BOKF NA increased its stake in Trimble by 103.8% in the 4th quarter. BOKF NA now owns 426 shares of the scientific and technical instruments company’s stock valued at $33,000 after buying an additional 217 shares during the last quarter. 93.21% of the stock is currently owned by institutional investors and hedge funds.
Wall Street Analyst Weigh In
Several equities research analysts have issued reports on TRMB shares. Oppenheimer lowered their price target on shares of Trimble from $86.00 to $80.00 and set an “outperform” rating on the stock in a research note on Thursday, May 7th. Zacks Research lowered shares of Trimble from a “strong-buy” rating to a “hold” rating in a research note on Monday, April 13th. Piper Sandler lowered their price target on shares of Trimble from $97.00 to $87.00 and set an “overweight” rating on the stock in a research note on Wednesday, May 6th. Barclays lifted their price target 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. Finally, Sanford C. Bernstein reiterated an “outperform” rating on shares of Trimble in a research note on Wednesday, February 11th. Ten equities research analysts have rated the stock with a Buy rating and two have assigned a Hold rating to the stock. According to MarketBeat.com, the stock presently has a consensus rating of “Moderate Buy” and an average target price of $90.00.
Trimble Price Performance
Trimble stock opened at $56.34 on Monday. The firm has a market capitalization of $13.13 billion, a PE ratio of 29.65, a P/E/G ratio of 1.88 and a beta of 1.45. The company’s 50-day moving average is $63.98 and its 200-day moving average is $71.09. Trimble Inc. has a fifty-two week low of $52.80 and a fifty-two week high of $87.50. The company has a debt-to-equity ratio of 0.25, a current ratio of 1.01 and a quick ratio of 0.88.
Trimble (NASDAQ:TRMB – Get Free Report) last released 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 company had revenue of $939.90 million for the quarter, compared to analyst estimates of $905.60 million. Trimble had a net margin of 12.38% and a return on equity of 11.61%. Trimble’s revenue for the quarter was up 11.8% compared to the same quarter last year. During the same period in the previous 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. Sell-side analysts anticipate that Trimble Inc. will post 2.99 earnings per share for the current year.
Insider Activity
In related news, CEO Robert G. Painter sold 7,500 shares of Trimble stock in a transaction dated Tuesday, April 14th. The shares were sold at an average price of $66.94, for a total transaction of $502,050.00. Following the completion of the sale, the chief executive officer owned 11,897 shares of the company’s stock, valued at approximately $796,385.18. The trade was a 38.67% decrease in their position. The sale was disclosed in a filing with the SEC, which is accessible through the SEC website. The transaction was executed under a pre-arranged Rule 10b5-1 trading plan. The sale was made to cover tax withholding obligations related to the vesting of equity awards. Also, VP Mark David Schwartz sold 16,725 shares of Trimble stock in a transaction dated Thursday, April 16th. The stock was sold at an average price of $67.01, for a total transaction of $1,120,742.25. Following the sale, the vice president directly owned 19,668 shares of the company’s stock, valued at $1,317,952.68. The trade was a 45.96% decrease in their position. Additional details regarding this sale are available in the official SEC disclosure. The transaction was executed under a pre-arranged Rule 10b5-1 trading plan. The sale was made to cover tax withholding obligations related to the vesting of equity awards. Insiders have sold a total of 31,725 shares of company stock worth $2,151,167 over the last 90 days. 0.59% of the stock is owned by company insiders.
About Trimble
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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