Trimble (NASDAQ:TRMB) Updates FY 2026 Earnings Guidance

Trimble (NASDAQ:TRMB) updated its FY 2026 earnings guidance on Wednesday. The company provided earnings per share guidance of 3.470-3.640 for the period, compared to the consensus earnings per share estimate of 3.440. The company issued revenue guidance of $3.8 billion-$3.9 billion, compared to the consensus revenue estimate of $3.9 billion. Trimble also updated its Q2 2026 guidance to 0.780-0.820 EPS.

Analyst Ratings Changes

Several analysts have weighed in on the stock. Sanford C. Bernstein reissued an “outperform” rating on shares of Trimble in a research report on Wednesday, February 11th. Zacks Research downgraded shares of Trimble from a “strong-buy” rating to a “hold” rating in a report on Monday, April 13th. Wall Street Zen downgraded shares of Trimble from a “buy” rating to a “hold” rating in a report on Saturday, April 4th. Wells Fargo & Company dropped their price objective on shares of Trimble from $94.00 to $79.00 and set an “overweight” rating on the stock in a report on Thursday, February 12th. Finally, Robert W. Baird dropped their price objective on shares of Trimble from $90.00 to $85.00 and set an “outperform” rating on the stock in a report on Monday, March 30th. Ten investment analysts have rated the stock with a Buy rating and two have given a Hold rating to the company. Based on data from MarketBeat.com, the stock currently has a consensus rating of “Moderate Buy” and an average price target of $92.78.

Trimble Stock Performance

TRMB opened at $68.37 on Wednesday. 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 firm has a fifty day moving average price of $66.89 and a 200 day moving average price of $73.13. Trimble has a 1 year low of $62.00 and a 1 year high of $87.50. The stock has a market cap of $15.87 billion, a P/E ratio of 39.07, a P/E/G ratio of 2.29 and a beta of 1.45.

Trimble (NASDAQ:TRMB) last posted its earnings results on Wednesday, May 6th. The scientific and technical instruments company reported $0.79 earnings per share (EPS) for the quarter, beating the consensus estimate of $0.72 by $0.07. Trimble had a net margin of 11.82% and a return on equity of 11.18%. The firm had revenue of $939.90 million during the quarter, compared to analysts’ expectations of $905.60 million. Trimble has set its Q2 2026 guidance at 0.780-0.820 EPS and its FY 2026 guidance at 3.470-3.640 EPS. Equities research analysts anticipate that Trimble will post 3 earnings per share for the current year.

Insider Buying and Selling at Trimble

In other Trimble news, VP Mark David Schwartz sold 16,725 shares of the company’s stock in a transaction on Thursday, April 16th. The shares were sold at an average price of $67.01, for a total transaction of $1,120,742.25. Following the completion of the transaction, the vice president directly owned 19,668 shares in the company, valued at approximately $1,317,952.68. This represents a 45.96% decrease in their ownership of the stock. The transaction was disclosed in a legal filing with the SEC, which is accessible through this hyperlink. The transaction was executed under a pre-arranged Rule 10b5-1 trading plan. The sale was made to cover tax withholding obligations related to the vesting of equity awards. Also, CEO Robert G. Painter sold 7,500 shares of the company’s stock in a transaction on Tuesday, April 14th. The stock was sold at an average price of $66.94, for a total transaction of $502,050.00. Following the transaction, the chief executive officer owned 11,897 shares of the company’s stock, valued at $796,385.18. This represents a 38.67% decrease in their ownership of the stock. The disclosure for this sale is available in the SEC filing. The transaction was executed under a pre-arranged Rule 10b5-1 trading plan. The sale was made to cover tax withholding obligations related to the vesting of equity awards. Over the last quarter, insiders sold 31,725 shares of company stock valued at $2,151,167. Company insiders own 0.59% of the company’s stock.

Hedge Funds Weigh In On Trimble

A number of large investors have recently added to or reduced their stakes in TRMB. DV Equities LLC acquired a new position in Trimble during the fourth quarter worth $26,000. Bank of Jackson Hole Trust acquired a new position in Trimble during the fourth quarter worth $27,000. Quarry LP raised its position in Trimble by 175.8% during the third quarter. Quarry LP now owns 364 shares of the scientific and technical instruments company’s stock worth $30,000 after acquiring an additional 232 shares during the period. Geneos Wealth Management Inc. raised its position 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 valued at $36,000 after buying an additional 169 shares during the last quarter. Finally, Osterweis Capital Management Inc. raised its position in shares of Trimble by 5,790.0% in the second quarter. Osterweis Capital Management Inc. now owns 589 shares of the scientific and technical instruments company’s stock valued at $45,000 after buying an additional 579 shares during the last quarter. 93.21% of the stock is currently owned by institutional investors and hedge funds.

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.