60,004 Shares in Trimble Inc. $TRMB Purchased by Mirae Asset Global Investments Co. Ltd.

Posted by Stanley Muller on Nov 7th, 2026

Mirae Asset Global Investments Co. Ltd. acquired a new stake in shares of Trimble Inc. (NASDAQ:TRMB – Free Report) in the 3rd quarter, HoldingsChannel reports. The firm acquired 60,004 shares of the scientific and technical instruments company’s stock, valued at approximately $3,427,000.

Several other institutional investors and hedge funds have also recently added to or reduced their stakes in TRMB. SBI Securities Co. Ltd. boosted its holdings in shares of Trimble by 32.4% in the 3rd quarter. SBI Securities Co. Ltd. now owns 814 shares of the scientific and technical instruments company’s stock valued at $46,000 after purchasing an additional 199 shares in the last quarter. Relyea Zuckerberg Hanson LLC lifted its position in shares of Trimble by 5.2% during the 1st quarter. Relyea Zuckerberg Hanson LLC now owns 4,127 shares of the scientific and technical instruments company’s stock worth $269,000 after buying an additional 203 shares during the last quarter. State of Wyoming boosted its stake in Trimble by 14.5% in the first quarter. State of Wyoming now owns 1,899 shares of the scientific and technical instruments company’s stock valued at $124,000 after buying an additional 240 shares in the last quarter. Brookstone Capital Management boosted its stake in Trimble by 6.2% in the third quarter. Brookstone Capital Management now owns 4,236 shares of the scientific and technical instruments company’s stock valued at $242,000 after buying an additional 248 shares in the last quarter. Finally, NewEdge Advisors LLC grew its position in Trimble by 1.2% in the first quarter. NewEdge Advisors LLC now owns 23,339 shares of the scientific and technical instruments company’s stock valued at $1,522,000 after acquiring an additional 268 shares during the last quarter. 93.21% of the stock is currently owned by institutional investors.

Insider Activity at Trimble

In other Trimble news, Director Kaigham Gabriel sold 2,476 shares of the business’s stock in a transaction on Thursday, October 29th. The stock was sold at an average price of $65.00, for a total value of $160,940.00. Following the sale, the director directly owned 14,950 shares in the company, valued at $971,750. The trade was a 14.21% decrease in their ownership of the stock. The sale was disclosed in a filing with the SEC, which is available through the SEC website. The transaction was executed under a pre-arranged Rule 10b5-1 trading plan. Company insiders own 0.59% of the company’s stock.

Trimble News Summary

Here are the key news stories impacting Trimble this week:

Positive Sentiment: Q3 revenue rose 7.3% year over year to about $967 million, while earnings per share met consensus estimates. Strength in AECO (architecture, engineering, construction and owner) markets helped lift results. Annual recurring revenue reached a record $2.56 billion, with recurring revenue up 11%. Zacks article
Neutral Sentiment: Matthew C. Brown joined Trimble’s board. The news did not include a specific financial or operating impact. Yahoo Finance article
Negative Sentiment: Slower expected growth in recurring revenue weighed on the 2026 outlook, despite the record ARR. Another report said GAAP profit nearly halved, raising concerns about profitability alongside the growth figures. American Banking News article
Negative Sentiment: Several firms lowered their price targets after the results: JPMorgan cut its target to $73 from $75, Baird to $67 from $70, Loop Capital to $70 from $76, and Wells Fargo to $60 from $61. JPMorgan and Wells Fargo retained Overweight ratings, but the reductions suggest more cautious expectations. Loop Capital price-target article

Trimble Trading Up 0.9%

NASDAQ:TRMB traded up $0.47 on Friday, reaching $54.11. 3,163,231 shares of the stock traded hands, compared to its average volume of 1,777,863. The firm has a market capitalization of $12.62 billion, a price-to-earnings ratio of -77.30, a price-to-earnings-growth ratio of 2.13 and a beta of 1.32. The company’s 50 day moving average is $59.67 and its 200-day moving average is $60.50. The company has a current ratio of 0.95, a quick ratio of 0.82 and a debt-to-equity ratio of 0.28. Trimble Inc. has a 1-year low of $47.92 and a 1-year high of $84.42.

Trimble (NASDAQ:TRMB – Get Free Report) last released its quarterly earnings data on Wednesday, November 4th. The scientific and technical instruments company reported $0.86 earnings per share (EPS) for the quarter, hitting analysts’ consensus estimates of $0.86. The company had revenue of $966.80 million for the quarter, compared to analysts’ expectations of $966.41 million. Trimble had a negative net margin of 2.77% and a positive return on equity of 12.29%. The business’s revenue was up 7.3% on a year-over-year basis. During the same quarter in the prior year, the firm earned $0.81 EPS. Equities research analysts anticipate that Trimble Inc. will post 3.10 EPS for the current fiscal year.

Analysts Set New Price Targets

A number of equities research analysts have recently weighed in on TRMB shares. Loop Capital assumed coverage on shares of Trimble in a research note on Monday, October 26th. They issued a “buy” rating and a $76.00 price target on the stock. JPMorgan Chase & Co. cut their target price on shares of Trimble from $75.00 to $73.00 and set an “overweight” rating on the stock in a research report on Thursday. Raymond James Financial downgraded shares of Trimble from a “moderate buy” rating to a “hold” rating in a report on Wednesday, July 22nd. Sanford C. Bernstein cut their price objective on Trimble from $85.00 to $73.00 and set an “outperform” rating on the stock in a report on Thursday, August 13th. Finally, Barclays boosted their price objective on Trimble from $79.00 to $80.00 and gave the stock an “overweight” rating in a research report on Wednesday, August 19th. Nine equities research analysts have rated the stock with a Buy rating, two have assigned a Hold rating and one has given a Sell rating to the stock. According to MarketBeat, the company currently has an average rating of “Moderate Buy” and an average target price of $78.44.

Read Our Latest Report on Trimble

Trimble Profile

(Free Report)

Trimble Inc develops technology solutions that connect the physical and digital worlds across construction, geospatial, transportation, agriculture, natural resources and other industrial markets. Its portfolio combines positioning technologies, field and office software, data services, connected devices and autonomous or machine-control systems to help customers plan, measure, build, manage and maintain physical assets.

The company’s products and services include surveying and mapping equipment, global navigation satellite system and positioning technologies, construction modeling and project-management software, machine-control systems, fleet and transportation-management solutions, and agricultural guidance and precision-farming tools.