BNP PARIBAS ASSET MANAGEMENT Holding S.A. Has $20.37 Million Stock Holdings in Trimble Inc. $TRMB

BNP PARIBAS ASSET MANAGEMENT Holding S.A. decreased its position in Trimble Inc. (NASDAQ:TRMB) by 35.0% in the 3rd quarter, according to the company in its most recent filing with the Securities & Exchange Commission. The institutional investor owned 249,487 shares of the scientific and technical instruments company’s stock after selling 134,134 shares during the period. BNP PARIBAS ASSET MANAGEMENT Holding S.A. owned about 0.10% of Trimble worth $20,370,000 as of its most recent SEC filing.

Other institutional investors have also recently bought and sold shares of the company. Wealth Alliance LLC bought a new stake in Trimble in the third quarter valued at about $324,000. Syon Capital LLC boosted its holdings in Trimble by 5.9% during the third quarter. Syon Capital LLC now owns 5,498 shares of the scientific and technical instruments company’s stock valued at $449,000 after purchasing an additional 307 shares in the last quarter. Advisors Capital Management LLC acquired a new position in shares of Trimble in the 3rd quarter worth approximately $249,000. Axxcess Wealth Management LLC grew its position in Trimble by 87.1% in the third quarter. Axxcess Wealth Management LLC now owns 5,614 shares of the scientific and technical instruments company’s stock valued at $458,000 after acquiring an additional 2,614 shares during the period. Finally, Beirne Wealth Consulting Services LLC acquired a new position in Trimble during the third quarter worth $208,000. Institutional investors and hedge funds own 93.21% of the company’s stock.

Analyst Upgrades and Downgrades

Several equities research analysts have recently commented on the stock. Weiss Ratings restated a “hold (c)” rating on shares of Trimble in a research note on Wednesday, January 21st. Sanford C. Bernstein restated an “outperform” rating on shares of Trimble in a research report on Wednesday, February 11th. KeyCorp raised shares of Trimble from a “sector weight” rating to an “overweight” rating and set a $99.00 price objective on the stock in a research note on Monday, December 15th. Piper Sandler reiterated an “overweight” rating and issued a $97.00 target price on shares of Trimble in a research note on Friday, November 7th. Finally, Oppenheimer reissued an “outperform” rating and issued a $86.00 target price on shares of Trimble in a report on Tuesday, February 10th. One equities research analyst has rated the stock with a Strong Buy rating, nine have assigned a Buy rating and one has issued a Hold rating to the stock. Based on data from MarketBeat, the stock has an average rating of “Buy” and a consensus target price of $93.50.

Insider Buying and Selling

In other Trimble news, CFO Phillip Sawarynski sold 2,250 shares of the stock in a transaction dated Tuesday, December 16th. The stock was sold at an average price of $80.45, for a total value of $181,012.50. Following the transaction, the chief financial officer owned 25,684 shares of the company’s stock, valued at approximately $2,066,277.80. This represents a 8.05% decrease in their ownership of the stock. The transaction was disclosed in a filing with the SEC, which can be accessed through the SEC website. Also, CEO Robert G. Painter sold 7,500 shares of the business’s stock in a transaction dated Tuesday, January 13th. The stock was sold at an average price of $80.88, for a total value of $606,600.00. Following the transaction, the chief executive officer owned 34,397 shares of the company’s stock, valued at $2,782,029.36. The trade was a 17.90% decrease in their ownership of the stock. The disclosure for this sale is available in the SEC filing. Insiders sold a total of 17,866 shares of company stock valued at $1,448,543 over the last three months. Company insiders own 0.54% of the company’s stock.

Trimble Trading Up 0.7%

TRMB opened at $67.39 on Friday. The firm has a 50 day simple moving average of $74.06 and a 200 day simple moving average of $78.27. Trimble Inc. has a fifty-two week low of $52.91 and a fifty-two week high of $87.50. The company has a market cap of $16.03 billion, a price-to-earnings ratio of 38.51, a price-to-earnings-growth ratio of 2.23 and a beta of 1.59. The company has a debt-to-equity ratio of 0.24, a current ratio of 1.09 and a quick ratio of 0.96.

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, topping analysts’ consensus estimates of $0.96 by $0.04. The firm had revenue of $969.80 million during 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 business’s quarterly revenue was down 1.4% compared to the same quarter last year. During the same quarter in the previous year, the business 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. On average, sell-side analysts anticipate that Trimble Inc. will post 2.37 earnings per share for the current year.

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

Trimble Company Profile

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.