Trimble Inc. (NASDAQ:TRMB) Receives Average Rating of “Buy” from Analysts

Trimble Inc. (NASDAQ:TRMB) has received an average rating of “Buy” from the eleven ratings firms that are covering the stock, Marketbeat Ratings reports. One investment analyst has rated the stock with a hold rating, nine have given a buy rating and one has assigned a strong buy rating to the company. The average 1 year price objective among analysts that have issued a report on the stock in the last year is $93.75.

A number of research firms have recently commented on TRMB. Sanford C. Bernstein reiterated an “outperform” rating on shares of Trimble in a report on Wednesday, February 11th. Oppenheimer restated an “outperform” rating and set a $86.00 target price on shares of Trimble in a research note on Tuesday, February 10th. Weiss Ratings reiterated a “hold (c)” rating on shares of Trimble in a research note on Wednesday, January 21st. 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 report on Monday, December 15th. Finally, Zacks Research upgraded shares of Trimble from a “hold” rating to a “strong-buy” rating in a research report on Friday, February 13th.

Trimble Price Performance

Trimble stock opened at $66.60 on Tuesday. The stock has a market cap of $15.58 billion, a P/E ratio of 38.06, a price-to-earnings-growth ratio of 2.22 and a beta of 1.57. The company has a fifty day simple moving average of $70.05 and a 200-day simple moving average of $76.47. Trimble has a 12-month low of $52.91 and a 12-month high of $87.50. The company has a current ratio of 1.09, a quick ratio of 0.96 and a debt-to-equity ratio of 0.24.

Trimble (NASDAQ:TRMB) last posted 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. Trimble had a return on equity of 11.18% and a net margin of 11.82%.The firm had revenue of $969.80 million for the quarter, compared to analyst estimates of $949.97 million. During the same quarter in the prior year, the company posted $0.89 earnings per share. Trimble’s revenue for the quarter was down 1.4% compared to the same quarter last year. 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 analysts expect that Trimble 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 authorizes the company to buyback $1.00 billion in outstanding shares. This buyback authorization authorizes the scientific and technical instruments company to purchase up to 5.1% of its stock through open market purchases. Stock buyback programs are often a sign that the company’s board of directors believes its shares are undervalued.

Insiders Place Their Bets

In related news, CEO Robert G. Painter sold 7,500 shares of the business’s stock in a transaction on Tuesday, March 10th. The shares were 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 directly owned 19,397 shares of the company’s stock, valued at $1,366,518.65. The trade was a 27.88% decrease in their ownership of the stock. The sale was disclosed in a legal filing with the Securities & Exchange Commission, which is available at this hyperlink. 0.54% of the stock is currently owned by company insiders.

Institutional Trading of Trimble

Several institutional investors and hedge funds have recently made changes to their positions in the company. Salomon & Ludwin LLC purchased a new position in Trimble during the 3rd quarter worth approximately $25,000. Rothschild Investment LLC increased its position in Trimble by 193.6% during the fourth quarter. Rothschild Investment LLC now owns 323 shares of the scientific and technical instruments company’s stock worth $25,000 after buying an additional 213 shares during the period. DV Equities LLC purchased a new stake in Trimble in the fourth quarter valued at approximately $26,000. Toth Financial Advisory Corp acquired a new stake in shares of Trimble in the fourth quarter valued at approximately $27,000. Finally, Bank of Jackson Hole Trust acquired a new stake in shares of Trimble in the fourth quarter valued at approximately $27,000. 93.21% of the stock is owned by hedge funds and other institutional investors.

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.