Edmond DE Rothschild Holding S.A. Invests $8.38 Million in Trimble Inc. $TRMB

Edmond DE Rothschild Holding S.A. bought a new stake in shares of Trimble Inc. (NASDAQ:TRMB) during the second quarter, according to its most recent 13F filing with the Securities and Exchange Commission. The firm bought 163,715 shares of the scientific and technical instruments company’s stock, valued at approximately $8,379,000. Edmond DE Rothschild Holding S.A. owned 0.07% of Trimble as of its most recent SEC filing.

Other large investors also recently bought and sold shares of the company. Brighton Jones LLC purchased a new stake in shares of Trimble in the fourth quarter valued at approximately $211,000. Empowered Funds LLC raised its stake in shares of Trimble by 9.5% during the 1st quarter. Empowered Funds LLC now owns 7,023 shares of the scientific and technical instruments company’s stock worth $461,000 after buying an additional 607 shares during the period. Woodline Partners LP lifted its position in shares of Trimble by 41.6% during the 1st quarter. Woodline Partners LP now owns 20,766 shares of the scientific and technical instruments company’s stock valued at $1,363,000 after buying an additional 6,100 shares in the last quarter. Sivia Capital Partners LLC acquired a new stake in Trimble in the 2nd quarter valued at $208,000. Finally, Marshall Wace LLP grew its stake in Trimble by 31.8% in the 2nd quarter. Marshall Wace LLP now owns 113,500 shares of the scientific and technical instruments company’s stock valued at $8,624,000 after acquiring an additional 27,374 shares during the period. Institutional investors and hedge funds own 93.21% of the company’s stock.

Wall Street Analyst Weigh In

A number of equities analysts have weighed in on the stock. Oppenheimer restated an “outperform” rating and set a $80.00 price objective on shares of Trimble in a research report on Tuesday, July 7th. Piper Sandler reiterated an “overweight” rating and issued a $87.00 target price on shares of Trimble in a research report on Thursday, August 13th. Weiss Ratings downgraded shares of Trimble from a “hold (c-)” rating to a “sell (d)” rating in a research report on Thursday, August 13th. Wells Fargo & Company decreased their price target on shares of Trimble from $70.00 to $61.00 and set an “overweight” rating on the stock in a research note on Tuesday, July 14th. Finally, Raymond James Financial cut Trimble from a “moderate buy” rating to a “hold” rating in a report on Wednesday, July 22nd. Nine analysts have rated the stock with a Buy rating, two have assigned a Hold rating and one has issued a Sell rating to the stock. According to data from MarketBeat.com, the stock presently has a consensus rating of “Moderate Buy” and an average price target of $81.78.

Insiders Place Their Bets

In related news, Director Kaigham Gabriel sold 1,718 shares of the business’s stock in a transaction dated Tuesday, August 4th. The shares were sold at an average price of $60.00, for a total transaction of $103,080.00. Following the transaction, the director directly owned 17,426 shares in the company, valued at approximately $1,045,560. The trade was a 8.97% decrease in their ownership of the stock. The transaction was disclosed in a legal filing with the SEC, which can be accessed through the SEC website. The transaction was executed under a pre-arranged Rule 10b5-1 trading plan. Insiders own 0.59% of the company’s stock.

Trimble Stock Up 4.0%

NASDAQ TRMB opened at $59.25 on Thursday. The business has a fifty day moving average price of $53.67 and a 200 day moving average price of $60.23. Trimble Inc. has a one year low of $47.92 and a one year high of $84.42. The company has a debt-to-equity ratio of 0.28, a quick ratio of 0.82 and a current ratio of 0.95. The company has a market cap of $13.82 billion, a P/E ratio of -120.92, a P/E/G ratio of 1.89 and a beta of 1.37.

Trimble (NASDAQ:TRMB) last announced its earnings results on Wednesday, August 12th. The scientific and technical instruments company reported $0.86 earnings per share (EPS) for the quarter, topping the consensus estimate of $0.80 by $0.06. Trimble had a negative net margin of 2.77% and a positive return on equity of 12.29%. The company had revenue of $972.00 million for the quarter, compared to analysts’ expectations of $952.09 million. During the same quarter in the previous year, the company posted $0.71 EPS. The firm’s quarterly 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. Research analysts anticipate that Trimble Inc. will post 3.01 EPS for the current fiscal 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.