Universal Beteiligungs und Servicegesellschaft mbH Reduces Stock Position in Trimble Inc. $TRMB

Universal Beteiligungs und Servicegesellschaft mbH decreased its position in shares of Trimble Inc. (NASDAQ:TRMB) by 3.2% during the 3rd quarter, according to its most recent filing with the Securities and Exchange Commission (SEC). The institutional investor owned 284,607 shares of the scientific and technical instruments company’s stock after selling 9,311 shares during the quarter. Universal Beteiligungs und Servicegesellschaft mbH owned 0.12% of Trimble worth $23,238,000 at the end of the most recent quarter.

Several other hedge funds have also recently bought and sold shares of TRMB. Brighton Jones LLC purchased a new stake in Trimble during the fourth quarter worth $211,000. Empowered Funds LLC raised its stake in shares of Trimble by 9.5% during the 1st quarter. Empowered Funds LLC now owns 7,023 shares of the scientific and technical instruments company’s stock worth $461,000 after buying an additional 607 shares during the last quarter. Woodline Partners LP boosted its position in shares of Trimble by 41.6% in the 1st quarter. Woodline Partners LP now owns 20,766 shares of the scientific and technical instruments company’s stock worth $1,363,000 after buying an additional 6,100 shares in the last quarter. Sivia Capital Partners LLC purchased a new stake in shares of Trimble in the 2nd quarter worth about $208,000. Finally, Wealth Enhancement Advisory Services LLC grew its stake in Trimble by 43.1% in the 2nd quarter. Wealth Enhancement Advisory Services LLC now owns 51,324 shares of the scientific and technical instruments company’s stock valued at $4,048,000 after acquiring an additional 15,448 shares during the last quarter. 93.21% of the stock is owned by hedge funds and other institutional investors.

Trimble Price Performance

TRMB stock opened at $71.48 on Friday. The stock has a market capitalization of $17.01 billion, a price-to-earnings ratio of 48.96, a price-to-earnings-growth ratio of 2.45 and a beta of 1.59. The company has a quick ratio of 0.86, a current ratio of 1.00 and a debt-to-equity ratio of 0.24. Trimble Inc. has a 52-week low of $52.91 and a 52-week high of $87.50. The stock’s fifty day simple moving average is $79.16 and its 200-day simple moving average is $80.32.

Trimble (NASDAQ:TRMB) last released its earnings results on Wednesday, November 5th. The scientific and technical instruments company reported $0.81 earnings per share for the quarter, topping the consensus estimate of $0.72 by $0.09. Trimble had a return on equity of 10.73% and a net margin of 9.93%.The firm had revenue of $901.20 million for the quarter, compared to the consensus estimate of $870.30 million. During the same period in the prior year, the business posted $0.83 earnings per share. The firm’s revenue for the quarter was up 2.9% compared to the same quarter last year. Trimble has set its FY 2025 guidance at 3.040-3.120 EPS and its Q4 2025 guidance at 0.910-0.990 EPS. Equities research analysts expect that Trimble Inc. will post 2.37 EPS for the current year.

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

Insider Activity at Trimble

In other news, Director James Calvin Dalton sold 616 shares of the business’s stock in a transaction on 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 sale, the director directly owned 13,193 shares of the company’s stock, valued at $1,081,694.07. The trade was a 4.46% decrease in their position. The sale was disclosed in a filing with the Securities & Exchange Commission, which is available at this link. Also, CEO Robert G. Painter sold 7,500 shares of Trimble stock in a transaction on Tuesday, January 13th. The shares were sold at an average price of $80.88, for a total value of $606,600.00. Following the completion of the transaction, the chief executive officer owned 34,397 shares in the company, valued at $2,782,029.36. The trade was a 17.90% decrease in their position. Additional details regarding this sale are available in the official SEC disclosure. Insiders have sold a total of 27,084 shares of company stock valued at $2,183,951 in the last ninety days. 0.54% of the stock is owned by company insiders.

Analyst Upgrades and Downgrades

Several analysts have issued reports on TRMB shares. Zacks Research downgraded shares of Trimble from a “strong-buy” rating to a “hold” rating in a report on Thursday, January 1st. Wells Fargo & Company assumed coverage on Trimble in a research note on Thursday, November 13th. They issued an “overweight” rating and a $94.00 target price on the stock. Berenberg Bank set a $95.00 target price on Trimble and gave the company a “buy” rating in a report on Friday, October 3rd. Piper Sandler reissued an “overweight” rating and issued a $97.00 price target on shares of Trimble in a report on Friday, November 7th. Finally, Barclays increased their price objective on Trimble from $100.00 to $101.00 and gave the company an “overweight” rating in a research note on Monday, January 12th. One investment analyst has rated the stock with a Strong Buy rating, eight have given a Buy rating and two have assigned a Hold rating to the stock. According to MarketBeat.com, the stock has a consensus rating of “Moderate Buy” and a consensus target price of $96.78.

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.