Trimble Inc. (NASDAQ:TRMB) Receives Average Recommendation of “Moderate Buy” from Brokerages

Shares of Trimble Inc. (NASDAQ:TRMB) have been assigned an average recommendation of “Moderate Buy” from the twelve ratings firms that are presently covering the firm, Marketbeat reports. Two analysts have rated the stock with a hold recommendation and ten have issued a buy recommendation on the company. The average 12-month price objective among brokerages that have updated their coverage on the stock in the last year is $90.00.

TRMB has been the subject of a number of analyst reports. Zacks Research cut Trimble from a “strong-buy” rating to a “hold” rating in a report on Monday, April 13th. Wall Street Zen raised Trimble from a “hold” rating to a “buy” rating in a report on Saturday. Sanford C. Bernstein reissued an “outperform” rating on shares of Trimble in a report on Wednesday, February 11th. Robert W. Baird reduced their price target on Trimble from $90.00 to $85.00 and set an “outperform” rating for the company in a report on Monday, March 30th. Finally, Piper Sandler reduced their price target on Trimble from $97.00 to $87.00 and set an “overweight” rating for the company in a report on Wednesday, May 6th.

Trimble Price Performance

TRMB opened at $60.81 on Wednesday. The company has a quick ratio of 0.88, a current ratio of 1.01 and a debt-to-equity ratio of 0.25. Trimble has a 52-week low of $59.85 and a 52-week high of $87.50. The company has a 50 day moving average of $66.75 and a two-hundred day moving average of $72.92. The company has a market cap of $14.17 billion, a P/E ratio of 32.00, a P/E/G ratio of 2.03 and a beta of 1.45.

Trimble (NASDAQ:TRMB) last released its quarterly earnings results on Wednesday, May 6th. The scientific and technical instruments company reported $0.79 earnings per share for the quarter, topping analysts’ consensus estimates of $0.72 by $0.07. The firm 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%.Trimble’s quarterly revenue was up 11.8% compared to the same quarter last year. During the same quarter in the prior year, the business earned $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. On average, analysts expect that Trimble will post 3 earnings per share for the current year.

Insider Activity

In related 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 transaction of $1,120,742.25. Following the sale, the vice president owned 19,668 shares of the company’s stock, valued at $1,317,952.68. The trade was a 45.96% decrease in their ownership of the stock. The sale was disclosed in a document filed with the Securities & Exchange Commission, which is available at the SEC website. 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 business’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 directly owned 11,897 shares in the company, valued at approximately $796,385.18. The trade was a 38.67% decrease in their position. Additional details regarding this sale are available in the official SEC disclosure. 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 have sold 31,725 shares of company stock worth $2,151,167 in the last ninety days. Corporate insiders own 0.59% of the company’s stock.

Institutional Trading of Trimble

Hedge funds and other institutional investors have recently made changes to their positions in the business. Vanguard Group Inc. raised its holdings in shares of Trimble by 1.0% during the fourth quarter. Vanguard Group Inc. now owns 30,570,278 shares of the scientific and technical instruments company’s stock valued at $2,395,181,000 after acquiring an additional 304,461 shares during the period. State Street Corp raised its holdings in shares of Trimble by 0.4% during the third quarter. State Street Corp now owns 10,951,409 shares of the scientific and technical instruments company’s stock valued at $894,183,000 after acquiring an additional 43,285 shares during the period. Geode Capital Management LLC raised its position in Trimble by 0.9% during the fourth quarter. Geode Capital Management LLC now owns 6,309,075 shares of the scientific and technical instruments company’s stock valued at $492,426,000 after buying an additional 55,073 shares during the period. Wellington Management Group LLP raised its position in Trimble by 126.0% during the fourth quarter. Wellington Management Group LLP now owns 6,199,706 shares of the scientific and technical instruments company’s stock valued at $485,747,000 after buying an additional 3,455,949 shares during the period. Finally, Massachusetts Financial Services Co. MA raised its position in Trimble by 19.1% during the fourth quarter. Massachusetts Financial Services Co. MA now owns 4,217,742 shares of the scientific and technical instruments company’s stock valued at $330,460,000 after buying an additional 675,134 shares during the period. 93.21% of the stock is currently owned by institutional investors.

Key Headlines Impacting Trimble

Here are the key news stories impacting Trimble this week:

• Positive Sentiment: Trimble beat Q1 fiscal 2026 expectations, with revenue of $939.9 million and adjusted EPS of $0.79, while recurring revenue strength pushed annual recurring revenue to $2.43 billion and supported a guidance raise for 2026. Article Title
• Positive Sentiment: Management’s updated outlook signals continued growth, with higher full-year expectations and improving margins, which investors often view as a sign of durable demand and better earnings quality. Article Title
• Neutral Sentiment: Several analysts remain constructive, with firms including Wells Fargo, Oppenheimer, and Piper Sandler maintaining positive ratings despite trimming price targets after the report. Article Title
• Neutral Sentiment: Trimble was also described as underperforming peers in one market recap, suggesting the stock’s move may reflect a broader post-earnings reassessment rather than a company-specific operational problem. Article Title
• Negative Sentiment: Despite the strong quarter, analysts lowered price targets on TRMB, including Wells Fargo, Oppenheimer, and Piper Sandler, which can weigh on sentiment and limit upside expectations. Article Title

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.