Trimble Inc. (NASDAQ:TRMB – Get Free Report) has been assigned a consensus rating of “Moderate Buy” from the twelve ratings firms that are covering the firm, Marketbeat Ratings reports. One analyst has rated the stock with a sell recommendation, two have issued a hold recommendation and nine have issued a buy recommendation on the company. The average twelve-month target price among analysts that have issued ratings on the stock in the last year is $79.56.
Several equities analysts have recently weighed in on TRMB shares. Wall Street Zen upgraded shares of Trimble from a “hold” rating to a “buy” rating in a research note on Saturday, October 24th. JPMorgan Chase & Co. lowered their price target on Trimble from $76.00 to $75.00 and set an “overweight” rating for the company in a research report on Thursday, October 8th. Barclays boosted their price objective on Trimble from $79.00 to $80.00 and gave the company an “overweight” rating in a research note on Wednesday, August 19th. Raymond James Financial cut Trimble from a “moderate buy” rating to a “hold” rating in a report on Wednesday, July 22nd. Finally, Weiss Ratings upgraded shares of Trimble from a “sell (d)” rating to a “sell (d+)” rating in a report on Thursday, October 8th.
Read Our Latest Stock Report on Trimble
Trimble Price Performance
NASDAQ:TRMB opened at $64.94 on Wednesday. The firm has a market capitalization of $15.14 billion, a price-to-earnings ratio of -132.53, a P/E/G ratio of 2.10 and a beta of 1.32. 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 has a 12-month low of $47.92 and a 12-month high of $84.42. The stock’s 50 day moving average price is $59.83 and its two-hundred day moving average price is $60.94.
Trimble (NASDAQ:TRMB – Get Free Report) last issued its quarterly earnings results on Wednesday, August 12th. The scientific and technical instruments company reported $0.86 EPS for the quarter, topping analysts’ consensus estimates of $0.80 by $0.06. Trimble had a positive return on equity of 12.29% and a negative net margin of 2.77%. The company had revenue of $972.00 million for the quarter, compared to analysts’ expectations of $952.09 million. During the same quarter last year, the business earned $0.71 earnings per share. Trimble’s revenue was up 11.0% on a year-over-year basis. Trimble has set its Q3 2026 guidance at 0.830-0.880 EPS and its FY 2026 guidance at 3.600-3.700 EPS. On average, analysts anticipate that Trimble will post 3.10 earnings per share for the current year.
Insider Buying and Selling
In other Trimble news, Director Kaigham Gabriel sold 1,718 shares of the stock in a transaction that occurred on Tuesday, August 4th. The shares were sold at an average price of $60.00, for a total transaction of $103,080.00. Following the sale, the director directly owned 17,426 shares in the company, valued at $1,045,560. This represents a 8.97% decrease in their position. The transaction was disclosed in a filing with the Securities & Exchange Commission, which is available through this link. The transaction was executed under a pre-arranged Rule 10b5-1 trading plan. 0.59% of the stock is owned by company insiders.
Institutional Inflows and Outflows
A number of institutional investors and hedge funds have recently added to or reduced their stakes in the company. Root Financial Partners LLC purchased a new stake in Trimble during the 3rd quarter worth $28,000. Frazier Financial Advisors LLC bought a new stake in shares of Trimble in the second quarter valued at $25,000. Vega Investment Solutions purchased a new position in Trimble during the second quarter valued at approximately $29,000. SBI Securities Co. Ltd. raised its holdings in shares of Trimble by 32.4% during the 3rd quarter. SBI Securities Co. Ltd. now owns 814 shares of the scientific and technical instruments company’s stock valued at $46,000 after buying an additional 199 shares in the last quarter. Finally, Global Retirement Partners LLC bought a new position in Trimble during the 2nd quarter valued at approximately $45,000. 93.21% of the stock is currently owned by hedge funds and other institutional investors.
Trimble Company Profile
Trimble Inc develops technology solutions that connect the physical and digital worlds across construction, geospatial, transportation, agriculture, natural resources and other industrial markets. Its portfolio combines positioning technologies, field and office software, data services, connected devices and autonomous or machine-control systems to help customers plan, measure, build, manage and maintain physical assets.
The company’s products and services include surveying and mapping equipment, global navigation satellite system and positioning technologies, construction modeling and project-management software, machine-control systems, fleet and transportation-management solutions, and agricultural guidance and precision-farming tools.
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