Trimble Inc. $TRMB Stock Holdings Raised by ArrowMark Colorado Holdings LLC

ArrowMark Colorado Holdings LLC increased its position in Trimble Inc. (NASDAQ:TRMB) by 2.8% in the third quarter, according to its most recent disclosure with the Securities and Exchange Commission. The firm owned 1,550,758 shares of the scientific and technical instruments company’s stock after acquiring an additional 42,929 shares during the quarter. Trimble comprises about 2.4% of ArrowMark Colorado Holdings LLC’s holdings, making the stock its 2nd biggest holding. ArrowMark Colorado Holdings LLC owned 0.65% of Trimble worth $126,619,000 at the end of the most recent reporting period.

Several other hedge funds also recently bought and sold shares of the company. Vanguard Group Inc. increased its holdings in Trimble by 0.6% during the 3rd quarter. Vanguard Group Inc. now owns 30,265,817 shares of the scientific and technical instruments company’s stock worth $2,471,204,000 after acquiring an additional 192,288 shares during the period. State Street Corp boosted its holdings in Trimble by 2.6% in the 2nd quarter. State Street Corp now owns 10,908,124 shares of the scientific and technical instruments company’s stock valued at $828,799,000 after purchasing an additional 273,320 shares during the period. Boston Partners grew its position in shares of Trimble by 14.4% during the 2nd quarter. Boston Partners now owns 4,170,179 shares of the scientific and technical instruments company’s stock valued at $318,285,000 after purchasing an additional 525,214 shares in the last quarter. Invesco Ltd. increased its holdings in shares of Trimble by 1.7% in the third quarter. Invesco Ltd. now owns 4,156,972 shares of the scientific and technical instruments company’s stock worth $339,417,000 after purchasing an additional 67,671 shares during the period. Finally, Massachusetts Financial Services Co. MA bought a new position in shares of Trimble in the third quarter worth $289,254,000. Hedge funds and other institutional investors own 93.21% of the company’s stock.

Trimble Stock Up 0.5%

Shares of NASDAQ:TRMB opened at $66.46 on Friday. The firm has a market capitalization of $15.55 billion, a PE ratio of 37.98, a price-to-earnings-growth ratio of 2.22 and a beta of 1.57. 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 Inc. has a 52-week low of $52.91 and a 52-week high of $87.50. The firm has a fifty day moving average of $70.31 and a 200 day moving average of $76.62.

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

Trimble announced that its Board of Directors has initiated a share buyback plan 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 reacquire up to 5.1% of its shares through open market purchases. Shares repurchase plans are generally a sign that the company’s board believes its shares are undervalued.

Insider Transactions at Trimble

In related news, CFO Phillip Sawarynski sold 2,250 shares of the firm’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 transaction, the chief financial officer directly 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 filing with the SEC, which is accessible through this link. Also, CEO Robert G. Painter sold 7,500 shares of the business’s stock in a transaction that occurred on Tuesday, March 10th. The stock was sold at an average price of $70.45, for a total value of $528,375.00. Following the completion of the sale, the chief executive officer owned 19,397 shares of the company’s stock, valued at $1,366,518.65. The trade was a 27.88% decrease in their position. The SEC filing for this sale provides additional information. Over the last three months, insiders have sold 17,250 shares of company stock worth $1,315,988. 0.54% of the stock is currently owned by insiders.

Analyst Upgrades and Downgrades

Several equities research analysts recently issued reports on TRMB shares. Wells Fargo & Company dropped their price objective on Trimble from $94.00 to $79.00 and set an “overweight” rating for the company in a research note on Thursday, February 12th. Zacks Research upgraded Trimble from a “hold” rating to a “strong-buy” rating in a research note on Friday, February 13th. Barclays lifted their price target on Trimble from $101.00 to $103.00 and gave the company an “overweight” rating in a research report on Friday, March 6th. Sanford C. Bernstein reissued an “outperform” rating on shares of Trimble in a report on Wednesday, February 11th. Finally, Oppenheimer restated an “outperform” rating and issued a $86.00 price objective on shares of Trimble in a research 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. According to MarketBeat, the stock has a consensus rating of “Buy” and an average price target of $93.75.

Trimble 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.