SouthState Bank Corp Grows Stake in Trimble Inc. $TRMB

SouthState Bank Corp grew its holdings in Trimble Inc. (NASDAQ:TRMB) by 9.5% in the 4th quarter, according to the company in its most recent filing with the SEC. The firm owned 126,305 shares of the scientific and technical instruments company’s stock after buying an additional 10,979 shares during the quarter. SouthState Bank Corp owned approximately 0.05% of Trimble worth $9,896,000 at the end of the most recent quarter.

Other institutional investors and hedge funds have also bought and sold shares of the company. Rothschild Investment LLC lifted its holdings in Trimble by 193.6% in the 4th 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 period. Toth Financial Advisory Corp purchased a new stake in Trimble in the 4th quarter worth approximately $27,000. Quarry LP lifted its holdings in Trimble by 175.8% in the 3rd quarter. Quarry LP now owns 364 shares of the scientific and technical instruments company’s stock worth $30,000 after buying an additional 232 shares during the period. Hantz Financial Services Inc. lifted its holdings in Trimble by 90.8% in the 3rd quarter. Hantz Financial Services Inc. now owns 372 shares of the scientific and technical instruments company’s stock worth $30,000 after buying an additional 177 shares during the period. Finally, BOKF NA lifted its holdings in Trimble by 103.8% in the 4th quarter. BOKF NA now owns 426 shares of the scientific and technical instruments company’s stock worth $33,000 after buying an additional 217 shares during the period. Hedge funds and other institutional investors own 93.21% of the company’s stock.

Insider Buying and Selling

In related news, CEO Robert G. Painter sold 7,500 shares of the firm’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 transaction of $502,050.00. Following the completion of the transaction, the chief executive officer owned 11,897 shares of the company’s stock, valued at $796,385.18. This trade represents a 38.67% decrease in their position. The transaction was disclosed in a filing with the Securities & Exchange Commission, which is available at 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, VP Mark David Schwartz sold 16,725 shares of the firm’s stock in a transaction that occurred on Thursday, April 16th. The shares were sold at an average price of $67.01, for a total value of $1,120,742.25. Following the transaction, the vice president directly owned 19,668 shares of the company’s stock, valued at approximately $1,317,952.68. This trade represents a 45.96% 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. In the last 90 days, insiders sold 31,725 shares of company stock valued at $2,151,167. 0.59% of the stock is currently owned by company insiders.

Trimble Trading Down 2.7%

TRMB opened at $54.19 on Friday. The stock has a market cap of $12.63 billion, a PE ratio of 28.52, a PEG ratio of 1.81 and a beta of 1.38. The company has a quick ratio of 0.88, a current ratio of 1.01 and a debt-to-equity ratio of 0.25. The business has a 50 day moving average of $61.94 and a 200-day moving average of $69.53. Trimble Inc. has a 52 week low of $52.80 and a 52 week high of $87.50.

Trimble (NASDAQ:TRMB) last released its earnings results on Wednesday, May 6th. The scientific and technical instruments company reported $0.79 EPS for the quarter, beating analysts’ consensus estimates of $0.72 by $0.07. The company had revenue of $939.90 million during the quarter, compared to analysts’ expectations of $905.60 million. Trimble had a return on equity of 11.61% and a net margin of 12.38%.The firm’s revenue for the quarter was up 11.8% compared to the same quarter last year. During the same quarter last year, the business posted $0.61 EPS. 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 predict that Trimble Inc. will post 2.99 earnings per share for the current fiscal year.

Wall Street Analyst Weigh In

TRMB has been the subject of several research analyst reports. Weiss Ratings cut Trimble from a “hold (c)” rating to a “hold (c-)” rating in a report on Thursday. Barclays dropped their price objective on Trimble from $103.00 to $79.00 and set an “overweight” rating for the company in a report on Friday, May 29th. Oppenheimer dropped their price objective on Trimble from $86.00 to $80.00 and set an “outperform” rating for the company in a report on Thursday, May 7th. Piper Sandler dropped their price objective on Trimble from $97.00 to $87.00 and set an “overweight” rating for the company in a report on Wednesday, May 6th. Finally, Zacks Research cut Trimble from a “strong-buy” rating to a “hold” rating in a research note on Monday, April 13th. Ten analysts have rated the stock with a Buy rating and two have given a Hold rating to the company’s stock. According to MarketBeat.com, Trimble has a consensus rating of “Moderate Buy” and an average target price of $87.33.

Trimble 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.