Hsbc Holdings PLC Has $193.15 Million Holdings in Trimble Inc. $TRMB

Hsbc Holdings PLC boosted its holdings in Trimble Inc. (NASDAQ:TRMB) by 15.8% during the 4th quarter, Holdings Channel.com reports. The fund owned 2,464,654 shares of the scientific and technical instruments company’s stock after purchasing an additional 335,850 shares during the quarter. Hsbc Holdings PLC’s holdings in Trimble were worth $193,153,000 as of its most recent SEC filing.

A number of other hedge funds and other institutional investors have also recently added to or reduced their stakes in TRMB. Rothschild Investment LLC lifted its holdings in shares of Trimble by 193.6% in the fourth quarter. Rothschild Investment LLC now owns 323 shares of the scientific and technical instruments company’s stock valued at $25,000 after purchasing an additional 213 shares in the last quarter. DV Equities LLC purchased a new position in shares of Trimble during the fourth quarter valued at approximately $26,000. Toth Financial Advisory Corp bought a new stake in Trimble during the fourth quarter worth $27,000. Bank of Jackson Hole Trust purchased a new stake in Trimble in the 4th quarter valued at $27,000. Finally, Quarry LP raised its position in Trimble by 175.8% in the 3rd quarter. Quarry LP now owns 364 shares of the scientific and technical instruments company’s stock valued at $30,000 after buying an additional 232 shares during the last quarter. 93.21% of the stock is owned by institutional investors.

Insider Activity

In other Trimble 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 value of $502,050.00. Following the sale, the chief executive officer owned 11,897 shares of the company’s stock, valued at approximately $796,385.18. The trade was a 38.67% decrease in their ownership of the stock. The sale was disclosed in a legal filing with the SEC, which is accessible through this link. 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. The trade was a 45.96% decrease in their ownership of the stock. The SEC filing for this sale provides additional information. 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. Insiders own 0.59% of the company’s stock.

Wall Street Analyst Weigh In

Several equities analysts have weighed in on the company. Piper Sandler dropped their price objective on Trimble from $97.00 to $87.00 and set an “overweight” rating on the stock in a research note on Wednesday, May 6th. Oppenheimer lowered their target price on shares of Trimble from $86.00 to $80.00 and set an “outperform” rating for the company in a report on Thursday, May 7th. Weiss Ratings lowered shares of Trimble from a “hold (c)” rating to a “hold (c-)” rating in a research report on Thursday, June 4th. Wall Street Zen upgraded shares of Trimble from a “hold” rating to a “buy” rating in a report on Saturday, May 9th. Finally, Zacks Research downgraded shares of Trimble from a “strong-buy” rating to a “hold” rating in a research report on Monday, April 13th. Ten investment analysts have rated the stock with a Buy rating and two have given a Hold rating to the company. According to data from MarketBeat.com, the stock currently has an average rating of “Moderate Buy” and a consensus target price of $87.33.

Trimble Price Performance

Shares of NASDAQ:TRMB opened at $49.16 on Friday. Trimble Inc. has a 1 year low of $47.92 and a 1 year high of $87.50. The company has a market capitalization of $11.46 billion, a PE ratio of 25.87, a price-to-earnings-growth ratio of 1.64 and a beta of 1.38. The business has a fifty day moving average price of $59.11 and a two-hundred day moving average price of $67.59. The company has a debt-to-equity ratio of 0.25, a current ratio of 1.01 and a quick ratio of 0.88.

Trimble (NASDAQ:TRMB) last released its earnings results on Wednesday, May 6th. The scientific and technical instruments company reported $0.79 EPS for the quarter, topping analysts’ consensus estimates of $0.72 by $0.07. The company 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 for the quarter was up 11.8% compared to the same quarter last year. During the same period in the previous year, the business posted $0.61 EPS. Trimble has set its Q2 2026 guidance at 0.780-0.820 EPS and its FY 2026 guidance at 3.470-3.640 EPS. Analysts forecast that Trimble Inc. will post 2.99 earnings per share for the current year.

Trimble 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.