Trimble Inc. $TRMB Shares Purchased by Atria Investments Inc

Atria Investments Inc increased its position in shares of Trimble Inc. (NASDAQ:TRMB) by 386.2% in the third quarter, according to the company in its most recent Form 13F filing with the Securities and Exchange Commission. The institutional investor owned 29,155 shares of the scientific and technical instruments company’s stock after purchasing an additional 23,159 shares during the period. Atria Investments Inc’s holdings in Trimble were worth $2,381,000 at the end of the most recent quarter.

A number of other institutional investors also recently bought and sold shares of the business. SG Americas Securities LLC increased its stake in shares of Trimble by 30.9% in the third quarter. SG Americas Securities LLC now owns 96,052 shares of the scientific and technical instruments company’s stock valued at $7,843,000 after buying an additional 22,650 shares in the last quarter. Sumitomo Mitsui DS Asset Management Company Ltd raised its position in shares of Trimble by 31.5% during the third quarter. Sumitomo Mitsui DS Asset Management Company Ltd now owns 146,283 shares of the scientific and technical instruments company’s stock worth $11,944,000 after acquiring an additional 35,015 shares during the last quarter. Essex Investment Management Co. LLC boosted its holdings in Trimble by 168.8% in the third quarter. Essex Investment Management Co. LLC now owns 45,669 shares of the scientific and technical instruments company’s stock valued at $3,729,000 after acquiring an additional 28,676 shares during the last quarter. Robeco Institutional Asset Management B.V. grew its position in shares of Trimble by 123.4% during the 3rd quarter. Robeco Institutional Asset Management B.V. now owns 237,294 shares of the scientific and technical instruments company’s stock worth $19,375,000 after buying an additional 131,056 shares during the period. Finally, Swiss National Bank lifted its holdings in Trimble by 8.0% in the second quarter. Swiss National Bank now owns 744,000 shares of the scientific and technical instruments company’s stock valued at $56,529,000 after buying an additional 55,300 shares during the period. 93.21% of the stock is owned by hedge funds and other institutional investors.

Trimble Price Performance

Shares of NASDAQ TRMB opened at $66.40 on Tuesday. Trimble Inc. has a fifty-two week low of $52.91 and a fifty-two week high of $87.50. The stock has a market cap of $15.80 billion, a PE ratio of 37.94, a price-to-earnings-growth ratio of 2.21 and a beta of 1.59. The company has a debt-to-equity ratio of 0.24, a quick ratio of 0.96 and a current ratio of 1.09. The stock has a fifty day moving average of $75.00 and a 200-day moving average of $78.54.

Trimble (NASDAQ:TRMB) last released its earnings results on Tuesday, February 10th. The scientific and technical instruments company reported $1.00 EPS for the quarter, beating the consensus estimate of $0.96 by $0.04. The company had revenue of $969.80 million for the quarter, compared to analyst estimates of $949.97 million. Trimble had a net margin of 11.82% and a return on equity of 11.18%. The firm’s quarterly revenue was down 1.4% compared to the same quarter last year. During the same quarter last year, the firm earned $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. Equities research analysts anticipate that Trimble Inc. will post 2.37 earnings per share for the current year.

Trimble announced that its Board of Directors has initiated a stock repurchase plan on Friday, December 5th that allows the company to repurchase $1.00 billion in outstanding 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 plans are typically a sign that the company’s board of directors believes its shares are undervalued.

Analyst Ratings Changes

A number of research firms have issued reports on TRMB. Weiss Ratings reissued a “hold (c)” rating on shares of Trimble in a research note on Wednesday, January 21st. Oppenheimer reiterated an “outperform” rating and set a $86.00 price objective on shares of Trimble in a report on Tuesday, February 10th. KeyCorp raised Trimble from a “sector weight” rating to an “overweight” rating and set a $99.00 target price on the stock in a research report on Monday, December 15th. Barclays raised their price target on shares of Trimble from $100.00 to $101.00 and gave the stock an “overweight” rating in a research note on Monday, January 12th. Finally, Wells Fargo & Company reduced their target price on shares of Trimble from $94.00 to $79.00 and set an “overweight” rating for the company in a report on Thursday, February 12th. One analyst has rated the stock with a Strong Buy rating, nine have given a Buy rating and two have assigned a Hold rating to the stock. According to MarketBeat.com, the company has a consensus rating of “Moderate Buy” and a consensus price target of $93.33.

Insiders Place Their Bets

In other Trimble news, CFO Phillip Sawarynski sold 2,250 shares of the stock in a transaction on 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 of the company’s stock, valued at approximately $2,066,277.80. This trade represents a 8.05% decrease in their position. The sale was disclosed in a legal filing with the Securities & Exchange Commission, which can be accessed through this hyperlink. Also, Director James Calvin Dalton sold 616 shares of Trimble stock in a transaction on Friday, November 28th. The stock was sold at an average price of $81.99, for a total transaction of $50,505.84. Following the sale, the director owned 13,193 shares of the company’s stock, valued at $1,081,694.07. The trade was a 4.46% decrease in their ownership of the stock. The disclosure for this sale is available in the SEC filing. Insiders have sold a total of 17,866 shares of company stock worth $1,448,543 over the last quarter. Company insiders own 0.54% of the company’s stock.

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.