Lombard Odier Asset Management Europe Ltd Purchases Shares of 72,571 Trimble Inc. $TRMB

Lombard Odier Asset Management Europe Ltd acquired a new stake in Trimble Inc. (NASDAQ:TRMB) during the 4th quarter, according to the company in its most recent filing with the SEC. The institutional investor acquired 72,571 shares of the scientific and technical instruments company’s stock, valued at approximately $5,686,000.

Several other large investors have also made changes to their positions in TRMB. Brighton Jones LLC bought a new stake in Trimble during the fourth quarter worth approximately $211,000. Empowered Funds LLC raised its position in shares of Trimble by 9.5% in the first quarter. Empowered Funds LLC now owns 7,023 shares of the scientific and technical instruments company’s stock valued at $461,000 after purchasing an additional 607 shares during the period. Woodline Partners LP lifted its stake in shares of Trimble by 41.6% in the first quarter. Woodline Partners LP now owns 20,766 shares of the scientific and technical instruments company’s stock worth $1,363,000 after buying an additional 6,100 shares during the last quarter. Sivia Capital Partners LLC acquired a new stake in shares of Trimble in the second quarter worth $208,000. Finally, Marshall Wace LLP boosted its holdings in shares of Trimble by 31.8% during the 2nd quarter. Marshall Wace LLP now owns 113,500 shares of the scientific and technical instruments company’s stock worth $8,624,000 after buying an additional 27,374 shares during the period. Institutional investors own 93.21% of the company’s stock.

Trimble Price Performance

Trimble stock opened at $50.78 on Wednesday. The business has a 50 day simple moving average of $60.08 and a 200 day simple moving average of $68.18. The company has a debt-to-equity ratio of 0.25, a current ratio of 1.01 and a quick ratio of 0.88. The company has a market capitalization of $11.84 billion, a PE ratio of 26.73, a price-to-earnings-growth ratio of 1.68 and a beta of 1.38. Trimble Inc. has a one year low of $48.90 and a one year high of $87.50.

Trimble (NASDAQ:TRMB) last announced its quarterly earnings results on Wednesday, May 6th. The scientific and technical instruments company reported $0.79 earnings per share for the quarter, beating analysts’ consensus estimates of $0.72 by $0.07. The firm had revenue of $939.90 million for the quarter, compared to analysts’ expectations of $905.60 million. Trimble had a return on equity of 11.61% and a net margin of 12.38%.The business’s revenue was up 11.8% compared to the same quarter last year. During the same period in the prior year, the business posted $0.61 earnings per share. 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, sell-side analysts forecast that Trimble Inc. will post 2.99 EPS for the current fiscal year.

Analyst Upgrades and Downgrades

Several research analysts recently commented on the stock. Piper Sandler dropped their target price on shares of Trimble from $97.00 to $87.00 and set an “overweight” rating on the stock in a report on Wednesday, May 6th. Barclays decreased their price target on shares of Trimble from $103.00 to $79.00 and set an “overweight” rating for the company in a report on Friday, May 29th. Zacks Research lowered Trimble from a “strong-buy” rating to a “hold” rating in a research note on Monday, April 13th. Weiss Ratings downgraded Trimble from a “hold (c)” rating to a “hold (c-)” rating in a research note on Thursday, June 4th. Finally, Wells Fargo & Company dropped their price target on Trimble from $79.00 to $70.00 and set an “overweight” rating on the stock in a research report on Thursday, May 7th. Ten investment analysts have rated the stock with a Buy rating and two have given a Hold rating to the stock. Based on data from MarketBeat, the stock has a consensus rating of “Moderate Buy” and an average price target of $87.33.

Insider Transactions at Trimble

In related news, CEO Robert G. Painter sold 7,500 shares of Trimble stock in a transaction dated Tuesday, April 14th. The shares were sold at an average price of $66.94, for a total transaction of $502,050.00. Following the completion of the transaction, the chief executive officer directly owned 11,897 shares of the company’s stock, valued at $796,385.18. This trade represents a 38.67% decrease in their position. The sale was disclosed in a document filed with the SEC, which is available at this hyperlink. The transaction was executed under a pre-arranged Rule 10b5-1 trading plan. The sale was made to cover tax withholding obligations related to the vesting of equity awards. Also, VP Mark David Schwartz sold 16,725 shares of the business’s stock in a transaction dated Thursday, April 16th. The shares were sold at an average price of $67.01, for a total transaction of $1,120,742.25. Following the completion of the transaction, the vice president owned 19,668 shares in the company, valued at approximately $1,317,952.68. This trade represents a 45.96% decrease in their ownership of the stock. The disclosure for this sale is available in the SEC filing. The transaction was executed under a pre-arranged Rule 10b5-1 trading plan. The sale was made to cover tax withholding obligations related to the vesting of equity awards. Company insiders own 0.59% of the company’s stock.

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.