237,109 Shares in Trimble Inc. $TRMB Acquired by Clear Harbor Asset Management LLC

Clear Harbor Asset Management LLC acquired a new stake in Trimble Inc. (NASDAQ:TRMB) in the 2nd quarter, HoldingsChannel.com reports. The fund acquired 237,109 shares of the scientific and technical instruments company’s stock, valued at approximately $12,135,000. Trimble accounts for about 0.7% of Clear Harbor Asset Management LLC’s portfolio, making the stock its 25th biggest position.

A number of other hedge funds have also recently added to or reduced their stakes in TRMB. Rothschild Investment LLC grew its stake in shares of 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 last quarter. DV Equities LLC acquired a new position in shares of Trimble during the fourth quarter worth $26,000. Bank of Jackson Hole Trust bought a new position in shares of Trimble in the 4th quarter valued at $27,000. Quarry LP lifted its stake in shares of Trimble by 175.8% in the 3rd quarter. Quarry LP now owns 364 shares of the scientific and technical instruments company’s stock valued at $30,000 after acquiring an additional 232 shares during the last quarter. Finally, BOKF NA boosted its holdings in shares of Trimble by 103.8% during the 4th quarter. BOKF NA now owns 426 shares of the scientific and technical instruments company’s stock valued at $33,000 after acquiring an additional 217 shares in the last quarter. Institutional investors and hedge funds own 93.21% of the company’s stock.

Insider Activity at Trimble

In other news, Director Kaigham Gabriel sold 1,718 shares of the stock in a transaction dated Tuesday, August 4th. The stock was sold at an average price of $60.00, for a total value of $103,080.00. Following the completion of the sale, the director owned 17,426 shares of the company’s stock, valued at approximately $1,045,560. This represents a 8.97% decrease in their ownership of the stock. The sale was disclosed in a filing with the SEC, which is accessible through the SEC website. The transaction was executed under a pre-arranged Rule 10b5-1 trading plan. Company insiders own 0.59% of the company’s stock.

Analyst Upgrades and Downgrades

A number of equities research analysts recently weighed in on the company. Oppenheimer restated an “outperform” rating and set a $80.00 price objective on shares of Trimble in a research report on Tuesday, July 7th. Barclays lifted their price target on Trimble from $79.00 to $80.00 and gave the company an “overweight” rating in a research note on Wednesday. Wall Street Zen upgraded Trimble from a “hold” rating to a “buy” rating in a report on Sunday. Raymond James Financial downgraded Trimble from a “moderate buy” rating to a “hold” rating in a research note on Wednesday, July 22nd. Finally, Wells Fargo & Company lowered their price objective on Trimble from $70.00 to $61.00 and set an “overweight” rating for the company in a research note on Tuesday, July 14th. Nine investment analysts have rated the stock with a Buy rating, two have assigned a Hold rating and one has given a Sell rating to the company’s stock. Based on data from MarketBeat.com, the company presently has a consensus rating of “Moderate Buy” and an average target price of $81.78.

Trimble Stock Performance

Shares of Trimble stock opened at $60.25 on Friday. The company has a quick ratio of 0.82, a current ratio of 0.95 and a debt-to-equity ratio of 0.28. Trimble Inc. has a twelve month low of $47.92 and a twelve month high of $84.42. The stock has a market cap of $14.05 billion, a price-to-earnings ratio of -122.96, a P/E/G ratio of 2.00 and a beta of 1.37. The company’s fifty day moving average is $54.06 and its 200 day moving average is $60.17.

Trimble (NASDAQ:TRMB) last posted its quarterly earnings data on Wednesday, August 12th. The scientific and technical instruments company reported $0.86 earnings per share for the quarter, beating analysts’ consensus estimates of $0.80 by $0.06. The business had revenue of $972.00 million during the quarter, compared to the consensus estimate of $952.09 million. Trimble had a positive return on equity of 12.29% and a negative net margin of 2.77%.Trimble’s quarterly revenue was up 11.0% on a year-over-year basis. During the same period in the prior year, the business posted $0.71 earnings per share. Trimble has set its Q3 2026 guidance at 0.830-0.880 EPS and its FY 2026 guidance at 3.600-3.700 EPS. Sell-side analysts forecast that Trimble Inc. will post 3.1 EPS for the current year.

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.