Jupiter Topco LLC Invests $1.18 Million in Trimble Inc. $TRMB

Jupiter Topco LLC acquired a new position in shares of Trimble Inc. (NASDAQ:TRMB) in the 2nd quarter, HoldingsChannel.com reports. The institutional investor acquired 23,005 shares of the scientific and technical instruments company’s stock, valued at approximately $1,177,000.

A number of other hedge funds have also bought and sold shares of TRMB. Rothschild Investment LLC boosted its position 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 valued at $25,000 after acquiring an additional 213 shares during the last quarter. Frazier Financial Advisors LLC bought a new position in shares of Trimble in the 2nd quarter worth about $25,000. DV Equities LLC acquired a new position in shares of Trimble in the 4th quarter valued at about $26,000. Bank of Jackson Hole Trust acquired a new position in shares of Trimble in the 4th quarter valued at about $27,000. Finally, Vega Investment Solutions bought a new stake in shares of Trimble during the 2nd quarter valued at about $29,000. Institutional investors own 93.21% of the company’s stock.

Analyst Upgrades and Downgrades

Several equities research analysts recently commented on the company. Wall Street Zen cut Trimble from a “buy” rating to a “hold” rating in a research note on Saturday. Weiss Ratings cut Trimble from a “hold (c-)” rating to a “sell (d)” rating in a report on Thursday, August 13th. JPMorgan Chase & Co. raised their price objective on shares of Trimble from $75.00 to $76.00 and gave the stock an “overweight” rating in a research report on Thursday, August 13th. Piper Sandler reiterated an “overweight” rating and issued a $87.00 price objective on shares of Trimble in a research note on Thursday, August 13th. Finally, Oppenheimer reiterated an “outperform” rating and set a $80.00 target price on shares of Trimble in a research report on Tuesday, July 7th. Nine analysts have rated the stock with a Buy rating, two have assigned a Hold rating and one has issued a Sell rating to the company. According to MarketBeat, Trimble has a consensus rating of “Moderate Buy” and an average target price of $81.78.

Trimble Price Performance

Shares of NASDAQ:TRMB opened at $59.47 on Friday. The company has a quick ratio of 0.82, a current ratio of 0.95 and a debt-to-equity ratio of 0.28. Trimble Inc. has a twelve month low of $47.92 and a twelve month high of $84.42. The stock’s 50 day moving average is $56.11 and its 200-day moving average is $59.74. The firm has a market capitalization of $13.87 billion, a price-to-earnings ratio of -121.36, a PEG ratio of 1.93 and a beta of 1.36.

Trimble (NASDAQ:TRMB) last posted its quarterly earnings results on Wednesday, August 12th. The scientific and technical instruments company reported $0.86 earnings per share (EPS) for the quarter, beating the consensus estimate of $0.80 by $0.06. The business had revenue of $972.00 million during the quarter, compared to the consensus estimate of $952.09 million. Trimble had a negative net margin of 2.77% and a positive return on equity of 12.29%. Trimble’s revenue was up 11.0% compared to the same quarter last year. During the same quarter last year, the firm posted $0.71 EPS. Trimble has set its Q3 2026 guidance at 0.830-0.880 EPS and its FY 2026 guidance at 3.600-3.700 EPS. Sell-side analysts forecast that Trimble Inc. will post 3.08 EPS for the current fiscal year.

Insider Buying and Selling at Trimble

In other news, Director Kaigham Gabriel sold 1,718 shares of Trimble stock in a transaction dated Tuesday, August 4th. The shares were sold at an average price of $60.00, for a total transaction of $103,080.00. Following the completion of the transaction, the director directly owned 17,426 shares in the company, valued at $1,045,560. This trade represents a 8.97% decrease in their ownership of the stock. The sale was disclosed in a filing with the Securities & Exchange Commission, which is available through this hyperlink. The transaction was executed under a pre-arranged Rule 10b5-1 trading plan. Company insiders own 0.59% of the company’s stock.

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.