124,045 Shares in Trimble Inc. $TRMB Bought by The Manufacturers Life Insurance Company

The Manufacturers Life Insurance Company purchased a new position in shares of Trimble Inc. (NASDAQ:TRMB) during the 2nd quarter, according to its most recent disclosure with the Securities and Exchange Commission (SEC). The institutional investor purchased 124,045 shares of the scientific and technical instruments company’s stock, valued at approximately $6,349,000.

Other large investors have also recently added to or reduced their stakes in the company. Rothschild Investment LLC grew its position in shares of Trimble by 193.6% in the 4th quarter. Rothschild Investment LLC now owns 323 shares of the scientific and technical instruments company’s stock valued at $25,000 after acquiring an additional 213 shares during the period. Frazier Financial Advisors LLC bought a new stake in shares of Trimble in the 2nd quarter valued at about $25,000. DV Equities LLC acquired a new stake in Trimble in the 4th quarter valued at about $26,000. Bank of Jackson Hole Trust bought a new position in Trimble during the fourth quarter worth about $27,000. Finally, Vega Investment Solutions bought a new position in Trimble during the second quarter worth about $29,000. Institutional investors and hedge funds own 93.21% of the company’s stock.

Insider Buying and Selling at Trimble

In other news, Director Kaigham Gabriel sold 1,718 shares of Trimble stock in a transaction on Tuesday, August 4th. The stock was sold at an average price of $60.00, for a total transaction of $103,080.00. Following the completion of the sale, the director owned 17,426 shares of the company’s stock, valued at approximately $1,045,560. This trade represents a 8.97% decrease in their ownership of the stock. The transaction was disclosed in a filing with the Securities & Exchange Commission, which can be accessed through this hyperlink. The transaction was executed under a pre-arranged Rule 10b5-1 trading plan. Corporate insiders own 0.59% of the company’s stock.

Analyst Upgrades and Downgrades

TRMB has been the topic of several research analyst reports. Weiss Ratings lowered Trimble from a “hold (c-)” rating to a “sell (d)” rating in a research note on Thursday, August 13th. JPMorgan Chase & Co. lifted their target price on Trimble from $75.00 to $76.00 and gave the stock an “overweight” rating in a research note on Thursday, August 13th. Barclays boosted their target price on Trimble from $79.00 to $80.00 and gave the stock an “overweight” rating in a report on Wednesday, August 19th. Wells Fargo & Company dropped their price target on Trimble from $70.00 to $61.00 and set an “overweight” rating on the stock in a research note on Tuesday, July 14th. Finally, Sanford C. Bernstein reduced their price objective on shares of Trimble from $85.00 to $73.00 and set an “outperform” rating for the company in a research report on Thursday, August 13th. Nine investment analysts have rated the stock with a Buy rating, two have issued a Hold rating and one has issued a Sell rating to the company. According to MarketBeat.com, the stock currently has an average rating of “Moderate Buy” and a consensus target price of $81.78.

Trimble Price Performance

Trimble stock opened at $61.01 on Monday. The company has a market capitalization of $14.23 billion, a price-to-earnings ratio of -124.51, a PEG ratio of 1.98 and a beta of 1.37. The company has a current ratio of 0.95, a quick ratio of 0.82 and a debt-to-equity ratio of 0.28. Trimble Inc. has a 12 month low of $47.92 and a 12 month high of $84.42. The stock’s 50 day moving average is $55.15 and its 200-day moving average is $59.95.

Trimble (NASDAQ:TRMB) last released its quarterly earnings results on Wednesday, August 12th. The scientific and technical instruments company reported $0.86 earnings per share for the quarter, topping the consensus estimate of $0.80 by $0.06. The business had revenue of $972.00 million during the quarter, compared to analysts’ expectations of $952.09 million. Trimble had a positive return on equity of 12.29% and a negative net margin of 2.77%.The firm’s revenue for the quarter was up 11.0% compared to the same quarter last year. During the same period last year, the firm posted $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. Equities research analysts expect that Trimble Inc. will post 3.08 EPS for the current year.

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.