Trimble Inc. (NASDAQ:TRMB) Receives $83.78 Average PT from Brokerages

Shares of Trimble Inc. (NASDAQ:TRMB) have earned an average recommendation of “Moderate Buy” from the twelve research firms that are presently covering the stock, Marketbeat reports. Three analysts have rated the stock with a hold rating and nine have given a buy rating to the company. The average twelve-month price target among analysts that have issued ratings on the stock in the last year is $83.7778.

A number of equities analysts recently issued reports on TRMB shares. Weiss Ratings cut Trimble from a “hold (c)” rating to a “hold (c-)” rating in a report on Thursday, June 4th. Piper Sandler reduced their target price on Trimble from $97.00 to $87.00 and set an “overweight” rating for the company 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 research report on Tuesday, July 7th. Wall Street Zen upgraded Trimble from a “hold” rating to a “buy” rating in a report on Saturday, May 9th. Finally, Wells Fargo & Company reduced their price objective on shares of Trimble from $70.00 to $61.00 and set an “overweight” rating for the company in a research note on Tuesday, July 14th.

Institutional Investors Weigh In On Trimble

Large investors have recently made changes to their positions in the company. Vanguard Group Inc. grew its position in Trimble by 1.0% during the 4th quarter. Vanguard Group Inc. now owns 30,570,278 shares of the scientific and technical instruments company’s stock worth $2,395,181,000 after purchasing an additional 304,461 shares in the last quarter. State Street Corp raised its stake in Trimble by 0.4% during the 3rd quarter. State Street Corp now owns 10,951,409 shares of the scientific and technical instruments company’s stock valued at $894,183,000 after purchasing an additional 43,285 shares during the period. Geode Capital Management LLC lifted its holdings in shares of Trimble by 0.9% in the fourth quarter. Geode Capital Management LLC now owns 6,309,075 shares of the scientific and technical instruments company’s stock valued at $492,426,000 after purchasing an additional 55,073 shares in the last quarter. Wellington Management Group LLP lifted its holdings in shares of Trimble by 126.0% in the fourth quarter. Wellington Management Group LLP now owns 6,199,706 shares of the scientific and technical instruments company’s stock valued at $485,747,000 after purchasing an additional 3,455,949 shares in the last quarter. Finally, Massachusetts Financial Services Co. MA boosted its position in shares of Trimble by 19.1% in the fourth quarter. Massachusetts Financial Services Co. MA now owns 4,217,742 shares of the scientific and technical instruments company’s stock worth $330,460,000 after buying an additional 675,134 shares during the period. Institutional investors and hedge funds own 93.21% of the company’s stock.

Trimble Trading Down 3.4%

Shares of NASDAQ:TRMB opened at $50.10 on Monday. The stock has a market capitalization of $11.68 billion, a price-to-earnings ratio of 26.37, a PEG ratio of 1.73 and a beta of 1.38. Trimble has a 1-year low of $47.92 and a 1-year 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 company has a 50 day moving average price of $52.93 and a 200 day moving average price of $62.80.

Trimble (NASDAQ:TRMB) last posted its quarterly earnings results on Wednesday, May 6th. The scientific and technical instruments company reported $0.79 earnings per share (EPS) 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 firm had revenue of $939.90 million for the quarter, compared to analyst estimates of $905.60 million. During the same quarter in the previous year, the business posted $0.61 earnings per share. The firm’s quarterly revenue was up 11.8% compared to the same quarter last year. Trimble has set its Q2 2026 guidance at 0.780-0.820 EPS and its FY 2026 guidance at 3.470-3.640 EPS. On average, research analysts anticipate that Trimble will post 3 EPS for the current fiscal year.

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.