National Pension Service Has $693,000 Stake in Trimble Inc. $TRMB

National Pension Service decreased its holdings in Trimble Inc. (NASDAQ:TRMB) by 40.1% in the 2nd quarter, HoldingsChannel reports. The firm owned 13,533 shares of the scientific and technical instruments company’s stock after selling 9,063 shares during the quarter. National Pension Service’s holdings in Trimble were worth $693,000 at the end of the most recent reporting period.

A number of other hedge funds and other institutional investors also recently made changes to their positions in the business. Rothschild Investment LLC raised its holdings in shares of Trimble by 193.6% in the fourth quarter. Rothschild Investment LLC now owns 323 shares of the scientific and technical instruments company’s stock valued at $25,000 after buying an additional 213 shares during the last quarter. Frazier Financial Advisors LLC bought a new stake in Trimble during the 2nd quarter worth about $25,000. DV Equities LLC acquired a new stake in Trimble in the 4th quarter valued at about $26,000. Bank of Jackson Hole Trust bought a new position in shares of Trimble in the fourth quarter worth about $27,000. Finally, Vega Investment Solutions acquired a new position in shares of Trimble during the second quarter worth approximately $29,000. 93.21% of the stock is currently owned by institutional investors and hedge funds.

Trimble Stock Performance

Shares of NASDAQ TRMB opened at $57.66 on Monday. The company’s fifty day moving average is $56.70 and its 200-day moving average is $59.40. The stock has a market cap of $13.45 billion, a price-to-earnings ratio of -117.67, a P/E/G ratio of 1.87 and a beta of 1.36. Trimble Inc. has a twelve month low of $47.92 and a twelve month high of $84.42. 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 (NASDAQ:TRMB) last released its quarterly earnings data on Wednesday, August 12th. The scientific and technical instruments company reported $0.86 EPS 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 analysts’ expectations of $952.09 million. Trimble had a negative net margin of 2.77% and a positive return on equity of 12.29%. The firm’s quarterly revenue was up 11.0% on a year-over-year basis. During the same quarter in the prior year, the company earned $0.71 EPS. Trimble has set its Q3 2026 guidance at 0.830-0.880 EPS and its FY 2026 guidance at 3.600-3.700 EPS. Equities research analysts predict that Trimble Inc. will post 3.08 EPS for the current year.

Insider Transactions at Trimble

In other Trimble 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 directly owned 17,426 shares in the company, valued at $1,045,560. This represents a 8.97% decrease in their ownership of the stock. The sale was disclosed in a legal filing with the Securities & Exchange Commission, which is available through the SEC website. The transaction was executed under a pre-arranged Rule 10b5-1 trading plan. Insiders own 0.59% of the company’s stock.

Analyst Upgrades and Downgrades

Several research analysts recently weighed in on TRMB shares. Wells Fargo & Company dropped their price objective on shares of Trimble from $70.00 to $61.00 and set an “overweight” rating for the company in a research report on Tuesday, July 14th. Piper Sandler reissued an “overweight” rating and issued a $87.00 target price on shares of Trimble in a research note on Thursday, August 13th. Wall Street Zen cut Trimble from a “buy” rating to a “hold” rating in a report on Saturday, September 5th. Sanford C. Bernstein lowered their price objective on Trimble from $85.00 to $73.00 and set an “outperform” rating for the company in a research report on Thursday, August 13th. Finally, Raymond James Financial cut Trimble from a “moderate buy” rating to a “hold” rating in a report on Wednesday, July 22nd. Nine investment analysts have rated the stock with a Buy rating, two have issued a Hold rating and one has issued a Sell rating to the company’s stock. According to data from MarketBeat.com, the company currently has an average rating of “Moderate Buy” and an average target price of $81.78.

About Trimble

Trimble Inc develops technology solutions that help organizations connect the physical and digital worlds. Its portfolio combines positioning and navigation technologies, specialized hardware, software, and data services to support workflows in industries such as construction, geospatial, transportation, utilities, natural resources, and government.

The company’s products and services include surveying and mapping equipment, machine control and construction management software, 3D modeling and building information management tools, field and project collaboration platforms, and transportation and logistics solutions.