Freemont Management S.A. Takes $4.14 Million Position in Trimble Inc. $TRMB

Freemont Management S.A. acquired a new stake in Trimble Inc. (NASDAQ:TRMB) in the first quarter, HoldingsChannel.com reports. The institutional investor acquired 63,400 shares of the scientific and technical instruments company’s stock, valued at approximately $4,136,000.

Other hedge funds have also added to or reduced their stakes in the company. Rothschild Investment LLC lifted its holdings in Trimble by 193.6% during the fourth quarter. Rothschild Investment LLC now owns 323 shares of the scientific and technical instruments company’s stock worth $25,000 after acquiring an additional 213 shares in the last quarter. DV Equities LLC bought a new stake in shares of Trimble in the fourth quarter worth about $26,000. Toth Financial Advisory Corp acquired a new stake in shares of Trimble during the fourth quarter worth about $27,000. Bank of Jackson Hole Trust acquired a new stake in shares of Trimble during the fourth quarter worth about $27,000. Finally, Quarry LP lifted its holdings in shares of Trimble by 175.8% during the 3rd quarter. Quarry LP now owns 364 shares of the scientific and technical instruments company’s stock valued at $30,000 after purchasing an additional 232 shares in the last quarter. Institutional investors and hedge funds own 93.21% of the company’s stock.

Trimble Trading Down 1.9%

NASDAQ TRMB opened at $52.72 on Friday. Trimble Inc. has a 52 week low of $47.92 and a 52 week high of $87.50. The company has a debt-to-equity ratio of 0.25, a quick ratio of 0.88 and a current ratio of 1.01. The stock’s 50 day moving average price is $53.21 and its two-hundred day moving average price is $63.49. The stock has a market capitalization of $12.29 billion, a price-to-earnings ratio of 27.75, a PEG ratio of 1.76 and a beta of 1.38.

Trimble (NASDAQ:TRMB) last issued its quarterly earnings results on Wednesday, May 6th. The scientific and technical instruments company reported $0.79 earnings per share for the quarter, topping the consensus estimate of $0.72 by $0.07. Trimble had a net margin of 12.38% and a return on equity of 11.61%. The company had revenue of $939.90 million during the quarter, compared to analysts’ expectations of $905.60 million. During the same period last year, the business earned $0.61 EPS. The business’s quarterly revenue was up 11.8% on a year-over-year basis. Trimble has set its Q2 2026 guidance at 0.780-0.820 EPS and its FY 2026 guidance at 3.470-3.640 EPS. As a group, analysts anticipate that Trimble Inc. will post 3 earnings per share for the current fiscal year.

Wall Street Analyst Weigh In

Several equities analysts recently issued reports on the company. Robert W. Baird decreased their price objective on Trimble from $90.00 to $85.00 and set an “outperform” rating for the company in a research report on Monday, March 30th. Piper Sandler dropped their target price on shares of Trimble from $97.00 to $87.00 and set an “overweight” rating on the stock in a report on Wednesday, May 6th. Oppenheimer reiterated an “outperform” rating and issued a $80.00 price target on shares of Trimble in a report on Tuesday, July 7th. Wall Street Zen raised shares of Trimble from a “hold” rating to a “buy” rating in a research report on Saturday, May 9th. Finally, Zacks Research lowered shares of Trimble from a “strong-buy” rating to a “hold” rating in a report on Monday, April 13th. Ten equities research analysts have rated the stock with a Buy rating and two have given a Hold rating to the company’s stock. Based on data from MarketBeat.com, the stock has an average rating of “Moderate Buy” and an average price target of $83.78.

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.