Trimble Inc. $TRMB Stock: Investment House LLC Trims Position

Investment House LLC reduced its stake in Trimble Inc. (NASDAQ:TRMB) by 58.9% during the 3rd quarter, according to the company in its most recent filing with the SEC. The fund owned 54,194 shares of the scientific and technical instruments company’s stock after selling 77,742 shares during the quarter. Investment House LLC’s holdings in Trimble were worth $3,095,000 at the end of the most recent reporting period.

Other hedge funds have also recently bought and sold shares of the company. Frazier Financial Advisors LLC purchased a new position in shares of Trimble in the second quarter valued at approximately $25,000. Vega Investment Solutions acquired a new stake in Trimble during the 2nd quarter worth approximately $29,000. Global Retirement Partners LLC purchased a new position in Trimble in the 2nd quarter valued at approximately $45,000. SBI Securities Co. Ltd. boosted its position in Trimble by 32.4% in the 3rd quarter. SBI Securities Co. Ltd. now owns 814 shares of the scientific and technical instruments company’s stock valued at $46,000 after buying an additional 199 shares during the period. Finally, Caitong International Asset Management Co. Ltd acquired a new position in shares of Trimble in the fourth quarter worth $48,000. Institutional investors and hedge funds own 93.21% of the company’s stock.

Insider Buying and Selling

In related news, Director Kaigham Gabriel sold 1,718 shares of the stock in a transaction on Tuesday, August 4th. The stock was 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 of the company’s stock, valued at $1,045,560. This represents a 8.97% decrease in their ownership of the stock. The transaction was disclosed in a filing with the SEC, which is available through this hyperlink. The transaction was executed under a pre-arranged Rule 10b5-1 trading plan. 0.59% of the stock is owned by company insiders.

Analysts Set New Price Targets

A number of analysts have recently weighed in on the company. Piper Sandler reaffirmed an “overweight” rating and set a $87.00 price objective on shares of Trimble in a research report on Thursday, August 13th. Weiss Ratings upgraded Trimble from a “sell (d)” rating to a “sell (d+)” rating in a report on Thursday, October 8th. Barclays boosted their target price on Trimble from $79.00 to $80.00 and gave the stock an “overweight” rating in a research note on Wednesday, August 19th. Raymond James Financial downgraded Trimble from a “moderate buy” rating to a “hold” rating in a report on Wednesday, July 22nd. Finally, Sanford C. Bernstein reduced their price target on Trimble from $85.00 to $73.00 and set an “outperform” rating on the stock in a research report on Thursday, August 13th. Eight equities research analysts have rated the stock with a Buy rating, two have issued a Hold rating and one has given a Sell rating to the company. Based on data from MarketBeat, Trimble presently has an average rating of “Moderate Buy” and a consensus price target of $80.00.

Trimble Trading Up 2.3%

NASDAQ TRMB opened at $64.01 on Friday. Trimble Inc. has a 52 week low of $47.92 and a 52 week high of $84.42. The firm has a 50 day moving average of $59.11 and a two-hundred day moving average of $57.83. The company has a quick ratio of 0.82, a current ratio of 0.95 and a debt-to-equity ratio of 0.28. The stock has a market capitalization of $14.93 billion, a PE ratio of -130.63, a price-to-earnings-growth ratio of 2.02 and a beta of 1.34.

Trimble (NASDAQ:TRMB) last announced its quarterly earnings data on Wednesday, August 12th. The scientific and technical instruments company reported $0.86 earnings per share for the quarter, beating analysts’ consensus estimates of $0.80 by $0.06. The business had revenue of $972.00 million for the quarter, compared to analyst estimates of $952.09 million. Trimble had a negative net margin of 2.77% and a positive return on equity of 12.29%. The company’s revenue was up 11.0% on a year-over-year basis. During the same period last year, the business earned $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. As a group, research analysts expect that Trimble Inc. will post 3.10 EPS for the current fiscal year.

Trimble Company Profile

Trimble Inc develops technology solutions that connect the physical and digital worlds across construction, geospatial, transportation, agriculture, natural resources and other industrial markets. Its portfolio combines positioning technologies, field and office software, data services, connected devices and autonomous or machine-control systems to help customers plan, measure, build, manage and maintain physical assets.

The company’s products and services include surveying and mapping equipment, global navigation satellite system and positioning technologies, construction modeling and project-management software, machine-control systems, fleet and transportation-management solutions, and agricultural guidance and precision-farming tools.