Trimble Inc. $TRMB Shares Sold by Trillium Asset Management LLC

Trillium Asset Management LLC lowered its stake in shares of Trimble Inc. (NASDAQ:TRMB) by 16.4% during the fourth quarter, according to the company in its most recent disclosure with the Securities and Exchange Commission. The institutional investor owned 88,548 shares of the scientific and technical instruments company’s stock after selling 17,336 shares during the quarter. Trillium Asset Management LLC’s holdings in Trimble were worth $7,204,000 as of its most recent filing with the Securities and Exchange Commission.

A number of other hedge funds and other institutional investors also recently added to or reduced their stakes in TRMB. Barclays PLC increased its holdings in shares of Trimble by 17.5% in the 3rd quarter. Barclays PLC now owns 839,625 shares of the scientific and technical instruments company’s stock valued at $68,555,000 after acquiring an additional 124,772 shares during the period. ARK Investment Management LLC increased its holdings in shares of Trimble by 13.8% in the 3rd quarter. ARK Investment Management LLC now owns 918,438 shares of the scientific and technical instruments company’s stock valued at $74,990,000 after acquiring an additional 111,450 shares during the period. ArrowMark Colorado Holdings LLC increased its holdings in shares of Trimble by 2.8% in the 3rd quarter. ArrowMark Colorado Holdings LLC now owns 1,550,758 shares of the scientific and technical instruments company’s stock valued at $126,619,000 after acquiring an additional 42,929 shares during the period. Fieldview Capital Management LLC acquired a new position in shares of Trimble in the 3rd quarter valued at $3,969,000. Finally, Intech Investment Management LLC increased its holdings in shares of Trimble by 443.0% in the 3rd quarter. Intech Investment Management LLC now owns 39,928 shares of the scientific and technical instruments company’s stock valued at $3,260,000 after acquiring an additional 32,575 shares during the period. Institutional investors and hedge funds own 93.21% of the company’s stock.

Trimble Stock Performance

Shares of TRMB opened at $50.42 on Friday. The company has a debt-to-equity ratio of 0.25, a quick ratio of 0.88 and a current ratio of 1.01. The stock has a market capitalization of $11.75 billion, a P/E ratio of 26.54, a P/E/G ratio of 1.67 and a beta of 1.38. The company’s fifty day moving average is $60.67 and its two-hundred day moving average is $68.68. Trimble Inc. has a 1 year low of $48.90 and a 1 year high of $87.50.

Trimble (NASDAQ:TRMB) last announced its quarterly earnings data on Wednesday, May 6th. The scientific and technical instruments company reported $0.79 earnings per share (EPS) for the quarter, beating the consensus estimate 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 net margin of 12.38% and a return on equity of 11.61%. Trimble’s revenue was up 11.8% compared to the same quarter last year. During the same period in the previous year, the company 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. On average, sell-side analysts predict that Trimble Inc. will post 2.99 earnings per share for the current year.

Insiders Place Their Bets

In other news, CEO Robert G. Painter sold 7,500 shares of the company’s stock in a transaction on Tuesday, April 14th. The shares were sold at an average price of $66.94, for a total transaction of $502,050.00. Following the transaction, the chief executive officer directly owned 11,897 shares of the company’s stock, valued at $796,385.18. This represents a 38.67% decrease in their position. The transaction was disclosed in a document filed with the SEC, which is available through this hyperlink. 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 company’s stock in a transaction on Thursday, April 16th. The stock was sold at an average price of $67.01, for a total transaction of $1,120,742.25. Following the transaction, the vice president directly owned 19,668 shares in the company, valued at approximately $1,317,952.68. This trade represents 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. Corporate insiders own 0.59% of the company’s stock.

Analyst Upgrades and Downgrades

A number of equities analysts have recently commented on TRMB shares. Wells Fargo & Company cut their target price on shares of Trimble from $79.00 to $70.00 and set an “overweight” rating on the stock in a report on Thursday, May 7th. Piper Sandler cut their target price on shares of Trimble from $97.00 to $87.00 and set an “overweight” rating on the stock in a report on Wednesday, May 6th. Robert W. Baird cut their target price on shares of Trimble from $90.00 to $85.00 and set an “outperform” rating on the stock in a report on Monday, March 30th. Zacks Research cut shares of Trimble from a “strong-buy” rating to a “hold” rating in a report on Monday, April 13th. Finally, Weiss Ratings cut shares of Trimble from a “hold (c)” rating to a “hold (c-)” rating in a research note on Thursday, June 4th. Ten research analysts have rated the stock with a Buy rating and two have given a Hold rating to the stock. According to MarketBeat, Trimble currently has an average rating of “Moderate Buy” and an average price target of $87.33.

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.