Impax Asset Management Group plc Sells 213,818 Shares of Trimble Inc. $TRMB

Impax Asset Management Group plc trimmed its holdings in shares of Trimble Inc. (NASDAQ:TRMB) by 10.1% in the 3rd quarter, according to its most recent Form 13F filing with the Securities and Exchange Commission. The firm owned 1,910,478 shares of the scientific and technical instruments company’s stock after selling 213,818 shares during the quarter. Impax Asset Management Group plc owned approximately 0.80% of Trimble worth $154,482,000 at the end of the most recent quarter.

Several other institutional investors and hedge funds have also modified their holdings of TRMB. SG Americas Securities LLC increased its position in Trimble by 30.9% in the third quarter. SG Americas Securities LLC now owns 96,052 shares of the scientific and technical instruments company’s stock worth $7,843,000 after buying an additional 22,650 shares in the last quarter. Sumitomo Mitsui DS Asset Management Company Ltd raised its holdings in Trimble by 31.5% during the third quarter. Sumitomo Mitsui DS Asset Management Company Ltd now owns 146,283 shares of the scientific and technical instruments company’s stock valued at $11,944,000 after acquiring an additional 35,015 shares during the period. Robeco Institutional Asset Management B.V. raised its holdings in Trimble by 123.4% during the third quarter. Robeco Institutional Asset Management B.V. now owns 237,294 shares of the scientific and technical instruments company’s stock valued at $19,375,000 after acquiring an additional 131,056 shares during the period. Swiss National Bank lifted its position in shares of Trimble by 8.0% in the second quarter. Swiss National Bank now owns 744,000 shares of the scientific and technical instruments company’s stock valued at $56,529,000 after acquiring an additional 55,300 shares in the last quarter. Finally, Boston Partners boosted its stake in shares of Trimble by 14.4% in the second quarter. Boston Partners now owns 4,170,179 shares of the scientific and technical instruments company’s stock worth $318,285,000 after acquiring an additional 525,214 shares during the period. Hedge funds and other institutional investors own 93.21% of the company’s stock.

Trimble Trading Up 2.9%

Shares of TRMB opened at $68.88 on Wednesday. The stock has a market capitalization of $16.39 billion, a PE ratio of 47.18, a P/E/G ratio of 2.33 and a beta of 1.59. The company’s fifty day moving average is $76.32 and its 200 day moving average is $79.07. The company has a debt-to-equity ratio of 0.24, a quick ratio of 0.86 and a current ratio of 1.00. Trimble Inc. has a fifty-two week low of $52.91 and a fifty-two week high of $87.50.

Trimble announced that its board has authorized a share buyback program on Friday, December 5th that permits the company to repurchase $1.00 billion in outstanding shares. This repurchase authorization permits the scientific and technical instruments company to purchase up to 5.1% of its shares through open market purchases. Shares repurchase programs are often a sign that the company’s board of directors believes its stock is undervalued.

Insider Activity at Trimble

In other news, CEO Robert G. Painter sold 7,500 shares of the business’s stock in a transaction that occurred on Tuesday, December 9th. The stock was sold at an average price of $81.39, for a total transaction of $610,425.00. Following the transaction, the chief executive officer owned 41,897 shares of the company’s stock, valued at approximately $3,409,996.83. The trade was a 15.18% decrease in their position. The transaction was disclosed in a document filed with the SEC, which can be accessed through the SEC website. Also, CFO Phillip Sawarynski sold 2,250 shares of the firm’s stock in a transaction 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 sale, the chief financial officer owned 25,684 shares of the company’s stock, valued at approximately $2,066,277.80. This represents a 8.05% decrease in their ownership of the stock. The SEC filing for this sale provides additional information. In the last quarter, insiders sold 17,866 shares of company stock valued at $1,448,543. Insiders own 0.54% of the company’s stock.

Analysts Set New Price Targets

A number of research analysts recently commented on TRMB shares. Zacks Research cut Trimble from a “strong-buy” rating to a “hold” rating in a report on Thursday, January 1st. Oppenheimer reiterated an “outperform” rating and set a $86.00 price objective on shares of Trimble in a research report on Tuesday. KeyCorp upgraded 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. Weiss Ratings reiterated a “hold (c)” rating on shares of Trimble in a report on Wednesday, January 21st. Finally, Wells Fargo & Company began coverage on shares of Trimble in a research note on Thursday, November 13th. They issued an “overweight” rating and a $94.00 price target on the stock. One analyst has rated the stock with a Strong Buy rating, eight have given a Buy rating and two have given a Hold rating to the stock. According to data from MarketBeat.com, the company has a consensus rating of “Moderate Buy” and a consensus price target of $95.00.

Key Stories Impacting Trimble

Here are the key news stories impacting Trimble this week:

• Positive Sentiment: Q4 results beat expectations — EPS $1.00 vs. ~$0.96 consensus and revenue $969.8M vs. ~$950M, driven by margin strength. Read More.
• Positive Sentiment: Record margins and annualized recurring revenue (ARR): management highlighted record Q4 and full‑year gross and operating margins and record ARR, which improved profitability and helped the beat. Read More.
• Positive Sentiment: Raised/above‑consensus guidance — Trimble gave FY‑2026 EPS of $3.42–$3.62 (vs. ~3.00 consensus) and revenue $3.8–$3.9B, and Q1 EPS $0.69–$0.74 (above consensus). That forward outlook is the primary catalyst for the stock move. Read More.
• Positive Sentiment: Software demand cited as the growth driver — management pointed to stronger software and subscription traction underpinning margins and recurring revenue growth. Read More.
• Neutral Sentiment: Analyst/earnings call takeaways available — conference call and slide deck released; analysts are parsing product mix and margin sustainability. Read More.
• Neutral Sentiment: Metric review underway — detailed metric comparisons to estimates and year‑ago figures (bookings, service revenue mix) will influence whether investors treat the beat as durable. Read More.
• Negative Sentiment: Top‑line pressure persists in the quarter — revenue was down ~1.4% year‑over‑year despite the beat, highlighting some demand softness in parts of the business. Read More.
• Negative Sentiment: Valuation and technicals may limit upside — the stock trades below its 50‑ and 200‑day moving averages and carries a relatively high trailing P/E, which could make investors cautious absent sustained revenue growth. Read More.

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.