Trimble Inc. $TRMB Shares Bought by Envestnet Asset Management Inc.

Envestnet Asset Management Inc. grew its position in Trimble Inc. (NASDAQ:TRMB) by 73.3% in the 3rd quarter, according to the company in its most recent 13F filing with the Securities and Exchange Commission (SEC). The firm owned 481,877 shares of the scientific and technical instruments company’s stock after buying an additional 203,804 shares during the period. Envestnet Asset Management Inc. owned 0.20% of Trimble worth $39,345,000 as of its most recent SEC filing.

Several other institutional investors have also recently made changes to their positions in TRMB. State Street Corp lifted its holdings in Trimble by 2.6% in the second 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 acquiring an additional 273,320 shares during the last quarter. Generation Investment Management LLP lifted its stake in shares of Trimble by 19.1% in the 2nd quarter. Generation Investment Management LLP now owns 9,019,663 shares of the scientific and technical instruments company’s stock valued at $685,314,000 after purchasing an additional 1,449,315 shares during the last quarter. Boston Partners grew its holdings 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 worth $318,285,000 after purchasing an additional 525,214 shares during the period. Invesco Ltd. raised its holdings in Trimble by 6.5% in the 2nd quarter. Invesco Ltd. now owns 4,089,301 shares of the scientific and technical instruments company’s stock valued at $310,705,000 after buying an additional 248,751 shares during the period. Finally, Massachusetts Financial Services Co. MA acquired a new position in Trimble in the third quarter valued at about $289,254,000. Hedge funds and other institutional investors own 93.21% of the company’s stock.

Analyst Upgrades and Downgrades

A number of equities research analysts have weighed in on TRMB shares. Zacks Research cut shares of Trimble from a “strong-buy” rating to a “hold” rating in a research report on Thursday, January 1st. Weiss Ratings reaffirmed a “hold (c)” rating on shares of Trimble in a research report on Wednesday, January 21st. Oppenheimer reissued an “outperform” rating and issued a $86.00 target price on shares of Trimble in a research report on Tuesday. KeyCorp upgraded Trimble from a “sector weight” rating to an “overweight” rating and set a $99.00 price target on the stock in a research note on Monday, December 15th. Finally, Piper Sandler reaffirmed an “overweight” rating and issued a $97.00 price objective on shares of Trimble in a research note on Friday, November 7th. One equities research analyst has rated the stock with a Strong Buy rating, eight have issued a Buy rating and two have assigned a Hold rating to the company. According to MarketBeat.com, the company presently has an average rating of “Moderate Buy” and an average target price of $95.00.

Trimble News Roundup

Here are the key news stories impacting Trimble this week:

• Positive Sentiment: Q4 results beat expectations — EPS $1.00 vs. ~$0.96 consensus and revenue $969.8M vs. ~$950M, driven by margin strength. Read More.
• Positive Sentiment: Record margins and annualized recurring revenue (ARR): management highlighted record Q4 and full‑year gross and operating margins and record ARR, which improved profitability and helped the beat. Read More.
• Positive Sentiment: Raised/above‑consensus guidance — Trimble gave FY‑2026 EPS of $3.42–$3.62 (vs. ~3.00 consensus) and revenue $3.8–$3.9B, and Q1 EPS $0.69–$0.74 (above consensus). That forward outlook is the primary catalyst for the stock move. Read More.
• Positive Sentiment: Software demand cited as the growth driver — management pointed to stronger software and subscription traction underpinning margins and recurring revenue growth. Read More.
• Neutral Sentiment: Analyst/earnings call takeaways available — conference call and slide deck released; analysts are parsing product mix and margin sustainability. Read More.
• Neutral Sentiment: Metric review underway — detailed metric comparisons to estimates and year‑ago figures (bookings, service revenue mix) will influence whether investors treat the beat as durable. Read More.
• Negative Sentiment: Top‑line pressure persists in the quarter — revenue was down ~1.4% year‑over‑year despite the beat, highlighting some demand softness in parts of the business. Read More.
• Negative Sentiment: Valuation and technicals may limit upside — the stock trades below its 50‑ and 200‑day moving averages and carries a relatively high trailing P/E, which could make investors cautious absent sustained revenue growth. Read More.

Trimble Stock Performance

NASDAQ:TRMB opened at $68.88 on Wednesday. Trimble Inc. has a 52 week low of $52.91 and a 52 week high of $87.50. The company has a fifty day simple moving average of $76.32 and a two-hundred day simple moving average of $79.07. The company has a quick ratio of 0.86, a current ratio of 1.00 and a debt-to-equity ratio of 0.24. The company has a market cap of $16.39 billion, a price-to-earnings ratio of 47.18, a price-to-earnings-growth ratio of 2.33 and a beta of 1.59.

Trimble declared that its board has approved 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 stock is undervalued.

Insider Activity

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

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.