Trimble (NASDAQ:TRMB) Announces Earnings Results, Beats Expectations By $0.04 EPS

Trimble (NASDAQ:TRMB) posted its quarterly earnings data on Tuesday. The scientific and technical instruments company reported $1.00 earnings per share for the quarter, beating analysts’ consensus estimates of $0.96 by $0.04, Briefing.com reports. Trimble had a net margin of 9.93% and a return on equity of 10.73%. The company’s revenue was down 1.4% on a year-over-year basis. During the same period last year, the business posted $0.89 EPS. Trimble updated its FY 2026 guidance to 3.420-3.620 EPS and its Q1 2026 guidance to 0.690-0.740 EPS.

Trimble Stock Up 1.2%

TRMB stock opened at $66.93 on Tuesday. The firm has a fifty day moving average price of $76.59 and a two-hundred day moving average price of $79.18. The company has a debt-to-equity ratio of 0.24, a current ratio of 1.00 and a quick ratio of 0.86. Trimble has a 1-year low of $52.91 and a 1-year high of $87.50. The firm has a market cap of $15.92 billion, a price-to-earnings ratio of 45.84, a PEG ratio of 2.31 and a beta of 1.59.

Trimble declared that its board has approved a share repurchase program on Friday, December 5th that allows the company to repurchase $1.00 billion in shares. This repurchase authorization allows the scientific and technical instruments company to reacquire up to 5.1% of its shares through open market purchases. Shares repurchase programs are usually an indication that the company’s board of directors believes its stock is undervalued.

Analyst Upgrades and Downgrades

A number of brokerages have weighed in on TRMB. Wells Fargo & Company initiated coverage on shares of Trimble in a report on Thursday, November 13th. They issued an “overweight” rating and a $94.00 price target on the stock. Weiss Ratings reiterated a “hold (c)” rating on shares of Trimble in a report on Wednesday, January 21st. KeyCorp raised shares of Trimble from a “sector weight” rating to an “overweight” rating and set a $99.00 target price for the company in a research report on Monday, December 15th. Piper Sandler reiterated an “overweight” rating and issued a $97.00 target price on shares of Trimble in a research note on Friday, November 7th. Finally, Barclays boosted their price target on Trimble from $100.00 to $101.00 and gave the stock an “overweight” rating in a research report on Monday, January 12th. One equities research analyst has rated the stock with a Strong Buy rating, eight have assigned a Buy rating and two have issued a Hold rating to the company’s stock. According to MarketBeat.com, the stock currently has a consensus rating of “Moderate Buy” and a consensus price target of $96.78.

Insiders Place Their Bets

In other Trimble news, CFO Phillip Sawarynski sold 2,250 shares of Trimble stock in a transaction that occurred on Tuesday, December 16th. The stock was sold at an average price of $80.45, for a total value of $181,012.50. Following the completion of the transaction, the chief financial officer directly owned 25,684 shares in the company, valued at $2,066,277.80. The trade was a 8.05% decrease in their ownership of the stock. The sale was disclosed in a legal filing with the SEC, which is available at this link. Also, Director James Calvin Dalton sold 616 shares of the stock in a transaction dated Friday, November 28th. The stock was 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 in the company, valued at approximately $1,081,694.07. This trade represents a 4.46% decrease in their position. The SEC filing for this sale provides additional information. Insiders have sold 17,866 shares of company stock valued at $1,448,543 over the last quarter. Insiders own 0.54% of the company’s stock.

Institutional Trading of Trimble

Large investors have recently modified their holdings of the company. Quarry LP raised 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 valued at $30,000 after acquiring an additional 232 shares in the last quarter. Geneos Wealth Management Inc. grew its stake in shares of Trimble by 55.4% during the second quarter. Geneos Wealth Management Inc. now owns 474 shares of the scientific and technical instruments company’s stock valued at $36,000 after purchasing an additional 169 shares during the last quarter. Osterweis Capital Management Inc. increased its holdings in shares of Trimble by 5,790.0% in the second quarter. Osterweis Capital Management Inc. now owns 589 shares of the scientific and technical instruments company’s stock valued at $45,000 after purchasing an additional 579 shares in the last quarter. MUFG Securities EMEA plc bought a new position in Trimble in the 2nd quarter worth approximately $54,000. Finally, Measured Wealth Private Client Group LLC acquired a new position in Trimble during the 3rd quarter worth $54,000. 93.21% of the stock is owned by institutional investors.

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.