Louisiana State Employees Retirement System Acquires Shares of 12,100 Trimble Inc. $TRMB

Posted by on Jul 7th, 2026

Louisiana State Employees Retirement System bought a new position in Trimble Inc. (NASDAQ:TRMB – Free Report) in the first quarter, according to its most recent Form 13F filing with the Securities & Exchange Commission. The firm bought 12,100 shares of the scientific and technical instruments company’s stock, valued at approximately $789,000.

Other institutional investors have also recently made changes to their positions in the company. Peapack Gladstone Financial Corp raised its stake in Trimble by 2.6% in the 2nd quarter. Peapack Gladstone Financial Corp now owns 5,008 shares of the scientific and technical instruments company’s stock valued at $381,000 after acquiring an additional 125 shares during the period. CI Investments Inc. increased its stake in shares of Trimble by 10.3% in the third quarter. CI Investments Inc. now owns 1,430 shares of the scientific and technical instruments company’s stock worth $117,000 after purchasing an additional 134 shares in the last quarter. Pallas Capital Advisors LLC increased its stake in shares of Trimble by 1.3% in the fourth quarter. Pallas Capital Advisors LLC now owns 11,941 shares of the scientific and technical instruments company’s stock worth $936,000 after purchasing an additional 151 shares in the last quarter. Fiduciary Trust Co raised its position in shares of Trimble by 1.9% in the third quarter. Fiduciary Trust Co now owns 8,272 shares of the scientific and technical instruments company’s stock valued at $675,000 after purchasing an additional 151 shares during the period. Finally, Larson Financial Group LLC lifted its stake in shares of Trimble by 11.1% during the 3rd quarter. Larson Financial Group LLC now owns 1,547 shares of the scientific and technical instruments company’s stock valued at $126,000 after buying an additional 155 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, VP Mark David Schwartz sold 16,725 shares of the stock in a transaction that occurred on Thursday, April 16th. The shares were sold at an average price of $67.01, for a total transaction of $1,120,742.25. Following the transaction, the vice president directly owned 19,668 shares in the company, valued at $1,317,952.68. This trade represents a 45.96% decrease in their ownership of the stock. The sale was disclosed in a legal filing with the Securities & Exchange Commission, 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, CEO Robert G. Painter sold 7,500 shares of the company’s stock in a transaction on 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 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. 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 own 0.59% of the company’s stock.

Analysts Set New Price Targets

A number of research analysts recently weighed in on the stock. Oppenheimer reduced their price objective on shares of Trimble from $86.00 to $80.00 and set an “outperform” rating for the company in a research note on Thursday, May 7th. Wall Street Zen upgraded Trimble from a “hold” rating to a “buy” rating in a research note on Saturday, May 9th. Zacks Research downgraded Trimble from a “strong-buy” rating to a “hold” rating in a research note on Monday, April 13th. Barclays lowered their price target on shares of Trimble from $103.00 to $79.00 and set an “overweight” rating on the stock in a report on Friday, May 29th. Finally, Weiss Ratings lowered shares of Trimble from a “hold (c)” rating to a “hold (c-)” rating in a report on Thursday, June 4th. Ten investment analysts have rated the stock with a Buy rating and two have assigned a Hold rating to the company. Based on data from MarketBeat.com, the company currently has an average rating of “Moderate Buy” and an average price target of $87.33.

Read Our Latest Analysis on TRMB

Trimble Price Performance

Shares of TRMB traded up $1.23 during trading hours on Tuesday, reaching $53.70. 148,067 shares of the company’s stock traded hands, compared to its average volume of 2,353,335. Trimble Inc. has a 12 month low of $47.92 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. The stock has a market cap of $12.52 billion, a PE ratio of 28.27, a price-to-earnings-growth ratio of 1.77 and a beta of 1.38. The firm’s 50 day simple moving average is $55.52 and its 200-day simple moving average is $65.12.

Trimble (NASDAQ:TRMB – Get Free Report) last announced its earnings results on Wednesday, May 6th. The scientific and technical instruments company reported $0.79 earnings per share for the quarter, beating analysts’ consensus estimates of $0.72 by $0.07. The business had revenue of $939.90 million for the quarter, compared to the consensus estimate of $905.60 million. Trimble had a net margin of 12.38% and a return on equity of 11.61%. Trimble’s quarterly revenue was up 11.8% on a year-over-year basis. During the same period last year, the firm posted $0.61 earnings per share. Trimble has set its Q2 2026 guidance at 0.780-0.820 EPS and its FY 2026 guidance at 3.470-3.640 EPS. Equities analysts expect that Trimble Inc. will post 2.99 EPS for the current year.

Trimble Profile

(Free Report)

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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Institutional Ownership by Quarter for Trimble (NASDAQ:TRMB)

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