Eurizon Capital SGR S.p.A. bought a new stake in shares of Trimble Inc. (NASDAQ:TRMB – Free Report) during the 4th quarter, according to the company in its most recent Form 13F filing with the Securities and Exchange Commission. The fund bought 66,123 shares of the scientific and technical instruments company’s stock, valued at approximately $5,185,000.
Other large investors have also recently modified their holdings of the company. Rothschild Investment LLC increased its position in shares of Trimble by 193.6% during the 4th quarter. Rothschild Investment LLC now owns 323 shares of the scientific and technical instruments company’s stock valued at $25,000 after purchasing an additional 213 shares during the last quarter. Toth Financial Advisory Corp bought a new position in shares of Trimble during the 4th quarter valued at approximately $27,000. Quarry LP increased its position in shares of Trimble by 175.8% during the 3rd quarter. Quarry LP now owns 364 shares of the scientific and technical instruments company’s stock valued at $30,000 after purchasing an additional 232 shares during the last quarter. Hantz Financial Services Inc. increased its position in shares of 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 valued at $30,000 after purchasing an additional 177 shares during the last quarter. Finally, BOKF NA increased its position 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 purchasing an additional 217 shares during the last quarter. Institutional investors own 93.21% of the company’s stock.
Wall Street Analyst Weigh In
TRMB has been the topic of several research analyst reports. Piper Sandler cut their price objective on Trimble from $97.00 to $87.00 and set an “overweight” rating on the stock in a research report on Wednesday, May 6th. Zacks Research downgraded Trimble from a “strong-buy” rating to a “hold” rating in a research report on Monday, April 13th. Robert W. Baird cut their price objective on Trimble from $90.00 to $85.00 and set an “outperform” rating on the stock in a research report on Monday, March 30th. Sanford C. Bernstein reaffirmed an “outperform” rating on shares of Trimble in a research report on Wednesday, February 11th. Finally, Barclays cut their price objective on Trimble from $103.00 to $79.00 and set an “overweight” rating on the stock in a research report on Friday. Ten research analysts have rated the stock with a Buy rating and two have assigned a Hold rating to the company. According to data from MarketBeat, Trimble has an average rating of “Moderate Buy” and an average target price of $87.33.
Trimble Price Performance
Shares of NASDAQ TRMB opened at $58.15 on Tuesday. The company has a debt-to-equity ratio of 0.25, a quick ratio of 0.88 and a current ratio of 1.01. The company has a market cap of $13.56 billion, a PE ratio of 30.61, a P/E/G ratio of 1.89 and a beta of 1.38. The business has a 50-day simple moving average of $62.75 and a two-hundred day simple moving average of $70.12. Trimble Inc. has a fifty-two week low of $52.80 and a fifty-two week high of $87.50.
Trimble (NASDAQ:TRMB – Get Free Report) last released its earnings results on Wednesday, May 6th. The scientific and technical instruments company reported $0.79 EPS for the quarter, topping analysts’ consensus estimates of $0.72 by $0.07. Trimble had a return on equity of 11.61% and a net margin of 12.38%.The firm had revenue of $939.90 million during the quarter, compared to the consensus estimate of $905.60 million. During the same quarter in the previous year, the company posted $0.61 earnings per share. The company’s revenue was up 11.8% compared to the same quarter last year. Trimble has set its Q2 2026 guidance at 0.780-0.820 EPS and its FY 2026 guidance at 3.470-3.640 EPS. As a group, equities analysts expect that Trimble Inc. will post 2.99 EPS for the current fiscal year.
Insider Activity at Trimble
In other news, VP Mark David Schwartz sold 16,725 shares of the business’s stock in a transaction that occurred on Thursday, April 16th. The stock was sold at an average price of $67.01, for a total value of $1,120,742.25. Following the completion of the sale, the vice president directly owned 19,668 shares in the company, valued at $1,317,952.68. The trade was a 45.96% decrease in their ownership of the stock. The transaction was disclosed in a filing with the Securities & Exchange Commission, which is available through this link. 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 Trimble stock in a transaction that occurred on Tuesday, April 14th. The stock was sold at an average price of $66.94, for a total value of $502,050.00. Following the completion of the sale, the chief executive officer directly owned 11,897 shares in the company, 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 have sold 31,725 shares of company stock valued at $2,151,167. 0.59% 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.
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