Vanguard Group Inc. Purchases 192,288 Shares of Trimble Inc. $TRMB

Vanguard Group Inc. boosted its holdings in shares of Trimble Inc. (NASDAQ:TRMB) by 0.6% in the 3rd quarter, according to its most recent Form 13F filing with the SEC. The firm owned 30,265,817 shares of the scientific and technical instruments company’s stock after buying an additional 192,288 shares during the period. Vanguard Group Inc. owned approximately 0.13% of Trimble worth $2,471,204,000 as of its most recent SEC filing.

A number of other institutional investors have also added to or reduced their stakes in TRMB. Salomon & Ludwin LLC bought a new stake in shares of Trimble during the 3rd quarter valued at about $25,000. Root Financial Partners LLC purchased a new stake in Trimble in the third quarter valued at approximately $30,000. Hantz Financial Services Inc. increased its holdings in shares of Trimble by 90.8% in the 3rd quarter. Hantz Financial Services Inc. now owns 372 shares of the scientific and technical instruments company’s stock worth $30,000 after buying an additional 177 shares during the last quarter. Global Retirement Partners LLC raised its position in shares of Trimble by 78.7% during the 3rd quarter. Global Retirement Partners LLC now owns 411 shares of the scientific and technical instruments company’s stock valued at $34,000 after buying an additional 181 shares in the last quarter. Finally, Catalyst Capital Advisors LLC bought a new stake in shares of Trimble during the 2nd quarter worth $34,000. 93.21% of the stock is currently owned by institutional investors.

Insider Activity

In related news, CFO Phillip Sawarynski sold 2,250 shares of Trimble stock in a transaction that occurred on Tuesday, December 16th. The stock was sold at an average price of $80.45, for a total transaction of $181,012.50. Following the sale, the chief financial officer directly owned 25,684 shares in the company, valued at $2,066,277.80. The trade was a 8.05% decrease in their ownership of the stock. The transaction was disclosed in a document filed with the SEC, which is available through this hyperlink. Also, Director James Calvin Dalton sold 616 shares of the firm’s stock in a transaction on Friday, November 28th. The shares were sold at an average price of $81.99, for a total value of $50,505.84. Following the transaction, the director directly owned 13,193 shares of the company’s stock, valued at $1,081,694.07. This represents a 4.46% decrease in their position. Additional details regarding this sale are available in the official SEC disclosure. Insiders sold a total of 17,866 shares of company stock worth $1,448,543 in the last quarter. 0.54% of the stock is owned by company insiders.

Trimble Stock Performance

Shares of TRMB stock opened at $67.39 on Friday. The firm has a market capitalization of $16.03 billion, a price-to-earnings ratio of 38.51, a PEG ratio of 2.23 and a beta of 1.59. The stock has a fifty day moving average of $74.06 and a 200 day moving average of $78.27. Trimble Inc. has a 52 week low of $52.91 and a 52 week high of $87.50. The company has a quick ratio of 0.96, a current ratio of 1.09 and a debt-to-equity ratio of 0.24.

Trimble (NASDAQ:TRMB) last issued its quarterly earnings data on Tuesday, February 10th. The scientific and technical instruments company reported $1.00 EPS for the quarter, topping the consensus estimate of $0.96 by $0.04. Trimble had a net margin of 11.82% and a return on equity of 11.18%. The business had revenue of $969.80 million during the quarter, compared to analyst estimates of $949.97 million. During the same period in the prior year, the business earned $0.89 EPS. The company’s revenue for the quarter was down 1.4% on a year-over-year basis. Trimble has set its FY 2026 guidance at 3.420-3.620 EPS and its Q1 2026 guidance at 0.690-0.740 EPS. As a group, research analysts expect that Trimble Inc. will post 2.37 earnings per share for the current year.

Trimble declared that its board has authorized a share buyback plan on Friday, December 5th that authorizes the company to buyback $1.00 billion in shares. This buyback authorization authorizes the scientific and technical instruments company to reacquire up to 5.1% of its shares through open market purchases. Shares buyback plans are generally an indication that the company’s leadership believes its shares are undervalued.

Analyst Upgrades and Downgrades

A number of research firms recently commented on TRMB. Wells Fargo & Company reduced their target price on Trimble from $94.00 to $79.00 and set an “overweight” rating on the stock in a research note on Thursday, February 12th. Barclays raised their price objective on Trimble from $100.00 to $101.00 and gave the company an “overweight” rating in a report on Monday, January 12th. Oppenheimer reiterated an “outperform” rating and set a $86.00 price target on shares of Trimble in a research report on Tuesday, February 10th. Weiss Ratings reiterated a “hold (c)” rating on shares of Trimble in a research report on Wednesday, January 21st. Finally, KeyCorp upgraded Trimble from a “sector weight” rating to an “overweight” rating and set a $99.00 price objective for the company in a research report on Monday, December 15th. One investment analyst has rated the stock with a Strong Buy rating, nine have given a Buy rating and one has given a Hold rating to the company. According to data from MarketBeat.com, the stock has an average rating of “Buy” and a consensus target price of $93.50.

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.