Trimble Inc. $TRMB Shares Sold by Raiffeisen Bank International AG

Raiffeisen Bank International AG lessened its holdings in shares of Trimble Inc. (NASDAQ:TRMB) by 14.2% in the third quarter, Holdings Channel.com reports. The firm owned 56,616 shares of the scientific and technical instruments company’s stock after selling 9,350 shares during the period. Raiffeisen Bank International AG’s holdings in Trimble were worth $4,640,000 as of its most recent SEC filing.

Other hedge funds and other institutional investors also recently bought and sold shares of the company. Salomon & Ludwin LLC acquired a new position in shares of Trimble in the 3rd quarter valued at approximately $25,000. Root Financial Partners LLC bought a new stake in shares of Trimble in the third quarter worth $30,000. Hantz Financial Services Inc. raised its holdings in Trimble by 90.8% in the third quarter. Hantz Financial Services Inc. now owns 372 shares of the scientific and technical instruments company’s stock valued at $30,000 after acquiring an additional 177 shares in the last quarter. Global Retirement Partners LLC boosted its stake in Trimble by 78.7% during the 3rd quarter. Global Retirement Partners LLC now owns 411 shares of the scientific and technical instruments company’s stock valued at $34,000 after acquiring an additional 181 shares during the last quarter. Finally, Catalyst Capital Advisors LLC acquired a new position in Trimble during the 2nd quarter worth $34,000. 93.21% of the stock is currently owned by hedge funds and other institutional investors.

Insider Transactions at Trimble

In other news, Director James Calvin Dalton sold 616 shares of the company’s stock in a transaction dated Friday, November 28th. The shares were sold at an average price of $81.99, for a total transaction of $50,505.84. Following the completion of the transaction, the director owned 13,193 shares in the company, valued at approximately $1,081,694.07. This represents a 4.46% decrease in their ownership of the stock. The transaction was disclosed in a legal filing with the Securities & Exchange Commission, which is accessible through the SEC website. Also, CFO Phillip Sawarynski sold 2,250 shares of Trimble stock in a transaction dated Tuesday, December 16th. The shares were sold at an average price of $80.45, for a total transaction of $181,012.50. Following the completion of the sale, the chief financial officer owned 25,684 shares in the company, valued at approximately $2,066,277.80. This represents a 8.05% decrease in their ownership of the stock. Additional details regarding this sale are available in the official SEC disclosure. Over the last quarter, insiders sold 17,866 shares of company stock worth $1,448,543. Insiders own 0.54% of the company’s stock.

Analyst Ratings Changes

A number of equities research analysts have recently issued reports on TRMB shares. Piper Sandler restated an “overweight” rating and issued a $97.00 target price on shares of Trimble in a research note on Friday, November 7th. Barclays boosted their price objective on Trimble from $100.00 to $101.00 and gave the company an “overweight” rating in a report on Monday, January 12th. KeyCorp raised Trimble from a “sector weight” rating to an “overweight” rating and set a $99.00 target price on the stock in a report on Monday, December 15th. Sanford C. Bernstein reiterated an “outperform” rating on shares of Trimble in a research report on Wednesday, February 11th. Finally, Oppenheimer reiterated an “outperform” rating and issued a $86.00 price target on shares of Trimble in a report on Tuesday, February 10th. One equities research analyst has rated the stock with a Strong Buy rating, nine have given a Buy rating and one has assigned a Hold rating to the stock. According to data from MarketBeat, Trimble currently has an average rating of “Buy” and a consensus price target of $93.50.

Trimble Stock Up 0.3%

NASDAQ:TRMB opened at $67.62 on Friday. The company has a current ratio of 1.09, a quick ratio of 0.96 and a debt-to-equity ratio of 0.24. The stock has a 50 day moving average of $73.80 and a 200-day moving average of $78.12. The firm has a market capitalization of $16.09 billion, a PE ratio of 38.64, a price-to-earnings-growth ratio of 2.26 and a beta of 1.59. Trimble Inc. has a 52 week low of $52.91 and a 52 week high of $87.50.

Trimble (NASDAQ:TRMB) last released its quarterly earnings data on Tuesday, February 10th. The scientific and technical instruments company reported $1.00 earnings per share (EPS) for the quarter, beating analysts’ consensus estimates of $0.96 by $0.04. The business had revenue of $969.80 million during the quarter, compared to analyst estimates of $949.97 million. Trimble had a return on equity of 11.18% and a net margin of 11.82%.The business’s revenue for the quarter was down 1.4% compared to the same quarter last year. During the same quarter in the previous year, the firm posted $0.89 EPS. Trimble has set its FY 2026 guidance at 3.420-3.620 EPS and its Q1 2026 guidance at 0.690-0.740 EPS. Analysts predict that Trimble Inc. will post 2.37 EPS for the current year.

Trimble declared that its Board of Directors has initiated a share buyback program on Friday, December 5th that allows the company to buyback $1.00 billion in shares. This buyback authorization allows the scientific and technical instruments company to buy up to 5.1% of its stock through open market purchases. Stock buyback programs are often a sign that the company’s board believes its stock is undervalued.

About Trimble

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.