CIBC Asset Management Inc lifted its position in Trimble Inc. (NASDAQ:TRMB – Free Report) by 63.9% in the fourth quarter, according to the company in its most recent 13F filing with the Securities & Exchange Commission. The firm owned 55,840 shares of the scientific and technical instruments company’s stock after purchasing an additional 21,763 shares during the quarter. CIBC Asset Management Inc’s holdings in Trimble were worth $4,375,000 at the end of the most recent quarter.
Other large investors have also recently made changes to their positions in the company. Rothschild Investment LLC boosted its position in shares of Trimble by 193.6% in the 4th quarter. Rothschild Investment LLC now owns 323 shares of the scientific and technical instruments company’s stock valued at $25,000 after purchasing an additional 213 shares during the period. Toth Financial Advisory Corp acquired a new stake in shares of Trimble in the 4th quarter valued at about $27,000. Quarry LP boosted its position in shares of 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 purchasing an additional 232 shares during the period. Hantz Financial Services Inc. boosted its position in shares of 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 purchasing an additional 177 shares during the period. Finally, BOKF NA boosted its position in shares of 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 purchasing an additional 217 shares during the period. 93.21% of the stock is owned by institutional investors and hedge funds.
Insider Buying and Selling
In related news, CEO Robert G. Painter sold 7,500 shares of the firm’s stock in a transaction that occurred on Tuesday, April 14th. The stock was sold at an average price of $66.94, for a total value of $502,050.00. Following the completion of the transaction, the chief executive officer directly owned 11,897 shares of the company’s stock, valued at $796,385.18. This trade represents a 38.67% decrease in their position. The transaction was disclosed in a document filed with the SEC, which is available at this hyperlink. 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 the firm’s stock in a transaction that occurred on Thursday, April 16th. The shares were sold at an average price of $67.01, for a total value of $1,120,742.25. Following the completion of the transaction, 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 ownership of the stock. The disclosure for this sale is available in the SEC filing. 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. Over the last three months, insiders have sold 31,725 shares of company stock valued at $2,151,167. Company insiders own 0.59% of the company’s stock.
Analyst Upgrades and Downgrades
Check Out Our Latest Analysis on TRMB
Trimble Stock Performance
Shares of TRMB stock opened at $54.19 on Friday. The company has a market cap of $12.63 billion, a price-to-earnings ratio of 28.52, a price-to-earnings-growth ratio of 1.81 and a beta of 1.38. The stock has a 50 day simple moving average of $61.94 and a 200-day simple moving average of $69.53. Trimble Inc. has a 12-month low of $52.80 and a 12-month high of $87.50. The company has a current ratio of 1.01, a quick ratio of 0.88 and a debt-to-equity ratio of 0.25.
Trimble (NASDAQ:TRMB – Get Free Report) last issued its earnings results on Wednesday, May 6th. The scientific and technical instruments company reported $0.79 earnings per share (EPS) for the quarter, topping analysts’ consensus estimates of $0.72 by $0.07. The business had revenue of $939.90 million during the quarter, compared to the consensus estimate of $905.60 million. Trimble had a return on equity of 11.61% and a net margin of 12.38%.The company’s revenue for the quarter was up 11.8% on a year-over-year basis. During the same period in the prior year, the business posted $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. On average, equities analysts forecast that Trimble Inc. will post 2.99 EPS for the current year.
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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