Fieldview Capital Management LLC Buys New Shares in Trimble Inc. $TRMB

Fieldview Capital Management LLC purchased a new position in shares of Trimble Inc. (NASDAQ:TRMB) in the 3rd quarter, according to the company in its most recent disclosure with the Securities and Exchange Commission (SEC). The institutional investor purchased 48,604 shares of the scientific and technical instruments company’s stock, valued at approximately $3,969,000.

A number of other institutional investors and hedge funds have also made changes to their positions in TRMB. Salomon & Ludwin LLC acquired a new position in Trimble in the third quarter valued at $25,000. Root Financial Partners LLC acquired a new stake in Trimble during the third quarter worth about $30,000. Hantz Financial Services Inc. raised its holdings in shares of Trimble by 90.8% in the 3rd quarter. Hantz Financial Services Inc. now owns 372 shares of the scientific and technical instruments company’s stock worth $30,000 after purchasing an additional 177 shares during the period. Global Retirement Partners LLC raised its holdings in shares of Trimble by 78.7% in the 3rd quarter. Global Retirement Partners LLC now owns 411 shares of the scientific and technical instruments company’s stock worth $34,000 after purchasing an additional 181 shares during the period. Finally, Geneos Wealth Management Inc. lifted its stake in shares of Trimble by 55.4% in the 2nd quarter. Geneos Wealth Management Inc. now owns 474 shares of the scientific and technical instruments company’s stock valued at $36,000 after purchasing an additional 169 shares in the last quarter. 93.21% of the stock is currently owned by institutional investors and hedge funds.

Wall Street Analyst Weigh In

A number of research firms recently issued reports on TRMB. Weiss Ratings reissued a “hold (c)” rating on shares of Trimble in a research report on Wednesday, January 21st. Oppenheimer reaffirmed an “outperform” rating and set a $86.00 price target on shares of Trimble in a research report on Tuesday, February 10th. Wells Fargo & Company decreased their price objective on shares of Trimble from $94.00 to $79.00 and set an “overweight” rating for the company in a research note on Thursday, February 12th. Barclays increased their price objective on shares of Trimble from $101.00 to $103.00 and gave the stock an “overweight” rating in a research report on Friday. Finally, Sanford C. Bernstein restated an “outperform” rating on shares of Trimble in a report on Wednesday, February 11th. One equities research analyst has rated the stock with a Strong Buy rating, nine have given a Buy rating and one has given a Hold rating to the company. According to MarketBeat, the stock currently has an average rating of “Buy” and a consensus price target of $93.75.

Trimble Stock Performance

NASDAQ:TRMB opened at $70.08 on Monday. The firm has a 50-day moving average of $71.40 and a two-hundred day moving average of $77.06. The company has a debt-to-equity ratio of 0.24, a current ratio of 1.09 and a quick ratio of 0.96. The stock has a market cap of $16.39 billion, a P/E ratio of 40.05, a PEG ratio of 2.34 and a beta of 1.57. Trimble Inc. has a 1-year low of $52.91 and a 1-year high of $87.50.

Trimble (NASDAQ:TRMB) last announced its earnings results on Tuesday, February 10th. The scientific and technical instruments company reported $1.00 earnings per share (EPS) for the quarter, topping 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 analyst estimates of $949.97 million. During the same period in the previous year, the company earned $0.89 earnings per share. The company’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. On average, research analysts expect that Trimble Inc. will post 2.37 earnings per share for the current fiscal year.

Trimble declared that its board has approved a share buyback plan 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 plans are often a sign that the company’s board of directors believes its stock is undervalued.

Insider Activity at Trimble

In other Trimble news, CFO Phillip Sawarynski sold 2,250 shares of Trimble 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 directly owned 25,684 shares in the company, valued at $2,066,277.80. The trade was a 8.05% decrease in their position. The transaction was disclosed in a document filed with the Securities & Exchange Commission, which is available through the SEC website. Also, CEO Robert G. Painter sold 7,500 shares of the company’s stock in a transaction that occurred on Tuesday, January 13th. The shares were sold at an average price of $80.88, for a total value of $606,600.00. Following the completion of the transaction, the chief executive officer directly owned 34,397 shares in the company, valued at approximately $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 have sold a total of 17,250 shares of company stock worth $1,398,038 over the last 90 days. 0.54% of the stock is owned by company insiders.

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.