Trimble Inc. $TRMB Shares Newly Purchased by VCI Wealth Management LLC

VCI Wealth Management LLC acquired a new position in Trimble Inc. (NASDAQ:TRMB) during the 3rd quarter, according to the company in its most recent filing with the Securities & Exchange Commission. The fund acquired 27,364 shares of the scientific and technical instruments company’s stock, valued at approximately $1,563,000.

A number of other hedge funds and other institutional investors also recently modified their holdings of the stock. Sumitomo Mitsui Trust Group Inc. boosted its holdings in Trimble by 5.4% during the 3rd quarter. Sumitomo Mitsui Trust Group Inc. now owns 4,687,967 shares of the scientific and technical instruments company’s stock valued at $267,730,000 after acquiring an additional 239,499 shares during the period. Mirae Asset Global Investments Co. Ltd. bought a new position in Trimble during the 3rd quarter worth approximately $3,427,000. Vise Technologies Inc. bought a new position in Trimble during the 3rd quarter worth approximately $406,000. Grandfield & Dodd LLC increased its stake in Trimble by 1.9% in the 3rd quarter. Grandfield & Dodd LLC now owns 398,551 shares of the scientific and technical instruments company’s stock worth $22,761,000 after purchasing an additional 7,584 shares during the period. Finally, MGO One Seven LLC increased its stake in Trimble by 5.3% in the 3rd quarter. MGO One Seven LLC now owns 5,800 shares of the scientific and technical instruments company’s stock worth $331,000 after purchasing an additional 291 shares during the period. Institutional investors own 93.21% of the company’s stock.

Analyst Ratings Changes

TRMB has been the subject of several recent research reports. Sanford C. Bernstein lowered their price objective on Trimble from $85.00 to $73.00 and set an “outperform” rating for the company in a research report on Thursday, August 13th. Barclays raised their target price on shares of Trimble from $79.00 to $80.00 and gave the stock an “overweight” rating in a report on Wednesday, August 19th. Raymond James Financial cut shares of Trimble from a “moderate buy” rating to a “hold” rating in a report on Wednesday, July 22nd. Piper Sandler reaffirmed an “overweight” rating and issued a $87.00 target price on shares of Trimble in a research note on Thursday, August 13th. Finally, Wall Street Zen upgraded shares of Trimble from a “hold” rating to a “buy” rating in a report on Saturday, October 24th. Nine research analysts have rated the stock with a Buy rating, two have given a Hold rating and one has given a Sell rating to the company’s stock. According to data from MarketBeat, Trimble has an average rating of “Moderate Buy” and an average target price of $79.56.

Insider Activity

In related news, Director Kaigham Gabriel sold 2,476 shares of the company’s stock in a transaction that occurred on Thursday, October 29th. The stock was sold at an average price of $65.00, for a total transaction of $160,940.00. Following the completion of the transaction, the director owned 14,950 shares in the company, valued at $971,750. This represents a 14.21% decrease in their ownership of the stock. The sale was disclosed in a legal 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.

Trimble Stock Performance

Trimble stock opened at $65.84 on Tuesday. The company has a current ratio of 0.95, a quick ratio of 0.82 and a debt-to-equity ratio of 0.28. The firm has a market cap of $15.35 billion, a P/E ratio of -134.36, a P/E/G ratio of 2.08 and a beta of 1.34. Trimble Inc. has a 1-year low of $47.92 and a 1-year high of $84.42. The firm has a 50-day moving average of $59.94 and a 200-day moving average of $60.87.

Trimble (NASDAQ:TRMB) last announced 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 analysts’ consensus estimates of $0.80 by $0.06. The company had revenue of $972.00 million for the quarter, compared to the consensus estimate of $952.09 million. Trimble had a positive return on equity of 12.29% and a negative net margin of 2.77%. Trimble’s revenue was up 11.0% compared to the same quarter last year. During the same quarter in the previous year, the business earned $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 expect that Trimble Inc. will post 3.10 EPS for the current year.

About Trimble

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.