Trimble Inc. (TRMB) – What Are Brokerages Thinking About This Stock?

Shares of Trimble Inc. (NASDAQ:TRMB) have earned a consensus rating of “Moderate Buy” from the eleven research firms that are presently covering the firm, MarketBeat Ratings reports. One research analyst has rated the stock with a sell recommendation, two have issued a hold recommendation and eight have given a buy recommendation to the company. The average 1 year price target among brokerages that have updated their coverage on the stock in the last year is $80.00.

A number of research firms have recently issued reports on TRMB. Barclays increased their target price on Trimble from $79.00 to $80.00 and gave the company an “overweight” rating in a research note on Wednesday, August 19th. Sanford C. Bernstein decreased their price target on Trimble from $85.00 to $73.00 and set an “outperform” rating for the company in a report on Thursday, August 13th. Wells Fargo & Company lowered their price objective on shares of Trimble from $70.00 to $61.00 and set an “overweight” rating for the company in a research report on Tuesday, July 14th. Weiss Ratings upgraded shares of Trimble from a “sell (d)” rating to a “sell (d+)” rating in a research note on Thursday. Finally, JPMorgan Chase & Co. reduced their target price on shares of Trimble from $76.00 to $75.00 and set an “overweight” rating on the stock in a research report on Thursday.

Insider Transactions at Trimble

In other Trimble news, Director Kaigham Gabriel sold 1,718 shares of the business’s stock in a transaction on Tuesday, August 4th. The shares were sold at an average price of $60.00, for a total value of $103,080.00. Following the transaction, the director owned 17,426 shares in the company, valued at $1,045,560. The trade was a 8.97% decrease in their position. The sale was disclosed in a filing with the SEC, which is available through the SEC website. The transaction was executed under a pre-arranged Rule 10b5-1 trading plan. 0.59% of the stock is owned by company insiders.

Institutional Inflows and Outflows

Hedge funds have recently added to or reduced their stakes in the stock. Rothschild Investment LLC lifted its position in Trimble by 193.6% during the 4th quarter. Rothschild Investment LLC now owns 323 shares of the scientific and technical instruments company’s stock worth $25,000 after buying an additional 213 shares in the last quarter. Frazier Financial Advisors LLC bought a new stake in Trimble during the 2nd quarter worth about $25,000. Vega Investment Solutions acquired a new stake in Trimble in the 2nd quarter valued at about $29,000. Caitong International Asset Management Co. Ltd bought a new position in shares of Trimble in the fourth quarter worth about $48,000. Finally, Global Retirement Partners LLC acquired a new position in shares of Trimble during the second quarter worth approximately $45,000. 93.21% of the stock is owned by institutional investors and hedge funds.

Trimble Stock Performance

Shares of TRMB stock opened at $60.09 on Friday. The company has a current ratio of 0.95, a quick ratio of 0.82 and a debt-to-equity ratio of 0.28. The company has a market cap of $14.01 billion, a PE ratio of -122.63, a P/E/G ratio of 1.93 and a beta of 1.34. The company’s fifty day simple moving average is $58.65 and its 200-day simple moving average is $58.14. Trimble has a 52 week low of $47.92 and a 52 week high of $84.42.

Trimble (NASDAQ:TRMB) last announced its quarterly earnings results on Wednesday, August 12th. The scientific and technical instruments company reported $0.86 earnings per share for the quarter, topping analysts’ consensus estimates 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 firm had revenue of $972.00 million during the quarter, compared to analysts’ expectations of $952.09 million. During the same period in the prior year, the company earned $0.71 EPS. The firm’s 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. As a group, equities research analysts anticipate that Trimble will post 3.10 EPS for the current year.

About Trimble

Trimble Inc is a technology company that provides positioning, modeling, connectivity and data-management solutions for industries that rely on accurate location and operational information. Its offerings combine hardware, software and cloud-based services to help customers plan, measure, design, build, manage and maintain physical assets and infrastructure.

The company serves the construction, geospatial, transportation and logistics, agriculture, natural resources, utilities and government markets.