Trimble Inc. $TRMB Shares Sold by Blair William & Co. IL

Blair William & Co. IL trimmed its holdings in shares of Trimble Inc. (NASDAQ:TRMB) by 24.2% during the 3rd quarter, according to the company in its most recent 13F filing with the Securities and Exchange Commission (SEC). The fund owned 120,899 shares of the scientific and technical instruments company’s stock after selling 38,677 shares during the quarter. Blair William & Co. IL owned 0.05% of Trimble worth $9,871,000 as of its most recent filing with the Securities and Exchange Commission (SEC).

Other hedge funds and other institutional investors also recently added to or reduced their stakes in the company. Salomon & Ludwin LLC purchased a new position in shares of Trimble in the 3rd quarter valued at approximately $25,000. Root Financial Partners LLC purchased a new stake in Trimble during the 3rd quarter worth approximately $30,000. Hantz Financial Services Inc. grew its position in Trimble by 90.8% during 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 last quarter. Global Retirement Partners LLC increased its stake in Trimble by 78.7% during the 3rd quarter. Global Retirement Partners LLC now owns 411 shares of the scientific and technical instruments company’s stock valued at $34,000 after purchasing an additional 181 shares in the last quarter. Finally, Geneos Wealth Management Inc. raised its holdings in shares of Trimble by 55.4% in the second quarter. Geneos Wealth Management Inc. now owns 474 shares of the scientific and technical instruments company’s stock worth $36,000 after buying an additional 169 shares during the last quarter. 93.21% of the stock is currently owned by hedge funds and other institutional investors.

Analyst Ratings Changes

Several equities research analysts have recently commented on TRMB shares. Wells Fargo & Company lowered 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. KeyCorp upgraded Trimble from a “sector weight” rating to an “overweight” rating and set a $99.00 target price for the company in a research note on Monday, December 15th. Barclays lifted their price target on Trimble from $101.00 to $103.00 and gave the stock an “overweight” rating in a research report on Friday. Sanford C. Bernstein reiterated an “outperform” rating on shares of Trimble in a research note on Wednesday, February 11th. Finally, Zacks Research raised Trimble from a “hold” rating to a “strong-buy” rating in a report on Friday, February 13th. One analyst has rated the stock with a Strong Buy rating, nine have issued a Buy rating and one has issued a Hold rating to the company’s stock. According to MarketBeat, Trimble has a consensus rating of “Buy” and a consensus target price of $93.75.

Trimble Trading Up 0.5%

Shares of Trimble stock opened at $70.45 on Tuesday. The stock has a market cap of $16.48 billion, a PE ratio of 40.26, a price-to-earnings-growth ratio of 2.34 and a beta of 1.57. The firm has a fifty day moving average price of $71.21 and a 200 day moving average price of $76.99. Trimble Inc. has a 1 year low of $52.91 and a 1 year high of $87.50. 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 posted its quarterly 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. The company had revenue of $969.80 million for 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 firm’s revenue was down 1.4% on a year-over-year basis. During the same period in the prior year, the company earned $0.89 earnings per share. 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 research analysts predict that Trimble Inc. will post 2.37 earnings per share for the current year.

Trimble announced that its Board of Directors has initiated a share buyback 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 a sign that the company’s board believes its stock is undervalued.

Insider Activity

In related news, CEO Robert G. Painter sold 7,500 shares of Trimble stock in a transaction that occurred on Tuesday, January 13th. The stock was sold at an average price of $80.88, for a total transaction 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. This trade represents a 17.90% decrease in their ownership of the stock. The sale was disclosed in a legal filing with the Securities & Exchange Commission, which can be accessed through this hyperlink. Also, CFO Phillip Sawarynski sold 2,250 shares of the business’s stock in a transaction that occurred on Tuesday, December 16th. The shares were sold at an average price of $80.45, for a total value of $181,012.50. Following the completion of the transaction, the chief financial officer directly owned 25,684 shares of the company’s stock, valued at $2,066,277.80. The trade was a 8.05% decrease in their ownership of the stock. Additional details regarding this sale are available in the official SEC disclosure. 0.54% of the stock is owned by company insiders.

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.