Forsta AP Fonden Has $11.36 Million Stock Position in Trimble Inc. $TRMB

Forsta AP Fonden trimmed its position in Trimble Inc. (NASDAQ:TRMB) by 8.4% in the fourth quarter, according to the company in its most recent Form 13F filing with the Securities & Exchange Commission. The firm owned 145,000 shares of the scientific and technical instruments company’s stock after selling 13,300 shares during the quarter. Forsta AP Fonden’s holdings in Trimble were worth $11,361,000 as of its most recent SEC filing.

A number of other hedge funds and other institutional investors have also recently added to or reduced their stakes in TRMB. Brighton Jones LLC acquired a new stake in Trimble in the fourth quarter worth about $211,000. Empowered Funds LLC increased its position in Trimble by 9.5% in the first quarter. Empowered Funds LLC now owns 7,023 shares of the scientific and technical instruments company’s stock worth $461,000 after purchasing an additional 607 shares during the period. Woodline Partners LP increased its position in Trimble by 41.6% in the first quarter. Woodline Partners LP now owns 20,766 shares of the scientific and technical instruments company’s stock worth $1,363,000 after purchasing an additional 6,100 shares during the period. Sivia Capital Partners LLC acquired a new stake in Trimble in the second quarter worth about $208,000. Finally, Marshall Wace LLP increased its position in Trimble by 31.8% in the second quarter. Marshall Wace LLP now owns 113,500 shares of the scientific and technical instruments company’s stock worth $8,624,000 after purchasing an additional 27,374 shares during the period. 93.21% of the stock is currently owned by institutional investors and hedge funds.

Insider Activity at Trimble

In other Trimble 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 sale, the vice president owned 19,668 shares in the company, valued at approximately $1,317,952.68. The trade was a 45.96% decrease in their position. The transaction was disclosed in a legal filing with the SEC, which is accessible 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 the company’s 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 sale, the chief executive officer owned 11,897 shares in the company, valued at approximately $796,385.18. This represents a 38.67% decrease in their position. 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. Insiders sold a total of 31,725 shares of company stock valued at $2,151,167 over the last quarter. 0.59% of the stock is owned by insiders.

Analyst Upgrades and Downgrades

A number of analysts recently commented on TRMB shares. Sanford C. Bernstein reiterated an “outperform” rating on shares of Trimble in a research report on Wednesday, February 11th. Oppenheimer decreased their target price on Trimble from $86.00 to $80.00 and set an “outperform” rating for the company in a research report on Thursday, May 7th. Piper Sandler decreased their target price on Trimble from $97.00 to $87.00 and set an “overweight” rating for the company in a research report on Wednesday, May 6th. Barclays decreased their target price on Trimble from $103.00 to $79.00 and set an “overweight” rating for the company in a research report on Friday. Finally, Wells Fargo & Company decreased their target price on Trimble from $79.00 to $70.00 and set an “overweight” rating for the company in a research report on Thursday, May 7th. Ten equities research analysts have rated the stock with a Buy rating and two have assigned a Hold rating to the company’s stock. According to MarketBeat.com, the stock has a consensus rating of “Moderate Buy” and an average target price of $87.33.

Trimble Price Performance

Trimble stock opened at $56.41 on Monday. The company has a current ratio of 1.01, a quick ratio of 0.88 and a debt-to-equity ratio of 0.25. The business has a 50-day moving average of $62.92 and a 200-day moving average of $70.27. Trimble Inc. has a 1 year low of $52.80 and a 1 year high of $87.50. The firm has a market capitalization of $13.15 billion, a P/E ratio of 29.69, a PEG ratio of 1.89 and a beta of 1.38.

Trimble (NASDAQ:TRMB) last issued its quarterly earnings data 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 return on equity of 11.61% and a net margin of 12.38%.The business had revenue of $939.90 million during the quarter, compared to analyst estimates of $905.60 million. During the same period in the previous year, the firm earned $0.61 EPS. Trimble’s quarterly 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. On average, equities analysts anticipate that Trimble Inc. will post 2.99 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.