8,081 Shares in Trimble Inc. $TRMB Bought by Caprock Group LLC

Caprock Group LLC bought a new stake in Trimble Inc. (NASDAQ:TRMB) during the third quarter, according to its most recent filing with the Securities & Exchange Commission. The firm bought 8,081 shares of the scientific and technical instruments company’s stock, valued at approximately $653,000.

Several other institutional investors have also modified their holdings of TRMB. Brighton Jones LLC bought a new stake in Trimble in the 4th quarter valued at about $211,000. Empowered Funds LLC raised its holdings in shares of Trimble by 9.5% during the first quarter. Empowered Funds LLC now owns 7,023 shares of the scientific and technical instruments company’s stock valued at $461,000 after buying an additional 607 shares during the last quarter. Woodline Partners LP boosted its position in shares of Trimble by 41.6% during the first quarter. Woodline Partners LP now owns 20,766 shares of the scientific and technical instruments company’s stock worth $1,363,000 after buying an additional 6,100 shares during the period. Sivia Capital Partners LLC bought a new position in Trimble in the 2nd quarter worth approximately $208,000. Finally, IFP Advisors Inc increased its position in Trimble by 1,161.4% in the 2nd quarter. IFP Advisors Inc now owns 1,274 shares of the scientific and technical instruments company’s stock valued at $98,000 after acquiring an additional 1,173 shares during the period. Institutional investors own 93.21% of the company’s stock.

Insider Activity at Trimble

In other Trimble news, CFO Phillip Sawarynski sold 2,250 shares of the business’s stock in a transaction dated Tuesday, December 16th. The stock was sold at an average price of $80.45, for a total transaction of $181,012.50. Following the sale, the chief financial officer owned 25,684 shares in the company, valued at approximately $2,066,277.80. The trade was a 8.05% decrease in their position. The transaction was disclosed in a filing with the Securities & Exchange Commission, which is accessible through this hyperlink. Also, CEO Robert G. Painter sold 7,500 shares of the firm’s stock in a transaction dated Tuesday, December 9th. The stock was sold at an average price of $81.39, for a total transaction of $610,425.00. Following the completion of the transaction, the chief executive officer owned 41,897 shares of the company’s stock, valued at approximately $3,409,996.83. The trade was a 15.18% decrease in their ownership of the stock. The SEC filing for this sale provides additional information. Insiders sold 17,866 shares of company stock worth $1,448,543 in the last quarter. 0.54% of the stock is owned by company insiders.

Trimble Trading Up 0.6%

Trimble stock opened at $66.40 on Tuesday. The firm has a market cap of $15.80 billion, a price-to-earnings ratio of 37.94, a price-to-earnings-growth ratio of 2.21 and a beta of 1.59. Trimble Inc. has a 1 year low of $52.91 and a 1 year high of $87.50. The firm’s 50 day moving average price is $75.00 and its two-hundred day moving average price is $78.54. The company has a debt-to-equity ratio of 0.24, a quick ratio of 0.96 and a current ratio of 1.09.

Trimble (NASDAQ:TRMB) last released its quarterly earnings data on Tuesday, February 10th. The scientific and technical instruments company reported $1.00 earnings per share for the quarter, topping the consensus estimate of $0.96 by $0.04. The business had revenue of $969.80 million during the quarter, compared to analyst estimates of $949.97 million. Trimble had a return on equity of 11.18% and a net margin of 11.82%.The company’s revenue was down 1.4% compared to the same quarter last year. During the same period last year, the company posted $0.89 EPS. Trimble has set its FY 2026 guidance at 3.420-3.620 EPS and its Q1 2026 guidance at 0.690-0.740 EPS. On average, research analysts predict that Trimble Inc. will post 2.37 EPS for the current fiscal year.

Trimble announced that its Board of Directors has approved a stock buyback program on Friday, December 5th that allows the company to repurchase $1.00 billion in shares. This repurchase authorization allows the scientific and technical instruments company to buy up to 5.1% of its shares through open market purchases. Shares repurchase programs are typically an indication that the company’s leadership believes its stock is undervalued.

Analyst Upgrades and Downgrades

A number of research analysts have issued reports on the company. KeyCorp upgraded Trimble from a “sector weight” rating to an “overweight” rating and set a $99.00 price target for the company in a research report on Monday, December 15th. Wells Fargo & Company decreased their target price on shares of Trimble from $94.00 to $79.00 and set an “overweight” rating for the company in a research report on Thursday, February 12th. Zacks Research cut shares of Trimble from a “strong-buy” rating to a “hold” rating in a research note on Thursday, January 1st. Sanford C. Bernstein reaffirmed an “outperform” rating on shares of Trimble in a research note on Wednesday, February 11th. Finally, Piper Sandler reiterated an “overweight” rating and set a $97.00 price objective on shares of Trimble in a research note on Friday, November 7th. One analyst has rated the stock with a Strong Buy rating, nine have assigned a Buy rating and two have issued a Hold rating to the company. According to data from MarketBeat.com, the company presently has an average rating of “Moderate Buy” and an average target price of $93.33.

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.