Robeco Schweiz AG Buys 68,787 Shares of Trimble Inc. $TRMB

Robeco Schweiz AG bought a new stake in Trimble Inc. (NASDAQ:TRMB – Free Report) in the third quarter, according to its most recent 13F filing with the Securities and Exchange Commission (SEC). The firm bought 68,787 shares of the scientific and technical instruments company’s stock, valued at approximately $3,928,000.

Other institutional investors have also made changes to their positions in the company. Root Financial Partners LLC acquired a new stake in Trimble in the 3rd quarter valued at about $28,000. Frazier Financial Advisors LLC acquired a new position in shares of Trimble during the second quarter worth approximately $25,000. Vega Investment Solutions acquired a new position in shares of Trimble during the second quarter worth approximately $29,000. SBI Securities Co. Ltd. lifted its position in shares of Trimble by 32.4% during the third quarter. SBI Securities Co. Ltd. now owns 814 shares of the scientific and technical instruments company’s stock worth $46,000 after purchasing an additional 199 shares in the last quarter. Finally, Global Retirement Partners LLC bought a new stake in shares of Trimble during the second quarter valued at approximately $45,000. 93.21% of the stock is owned by institutional investors.

Trimble Stock Performance

Trimble stock opened at $63.49 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. Trimble Inc. has a 1 year low of $47.92 and a 1 year high of $84.42. The company has a market cap of $14.80 billion, a PE ratio of -129.57, a PEG ratio of 2.05 and a beta of 1.34. The company’s 50-day moving average is $59.23 and its two-hundred day moving average is $57.87.

Trimble (NASDAQ:TRMB – Get Free Report) last issued its earnings results on Wednesday, August 12th. The scientific and technical instruments company reported $0.86 earnings per share (EPS) for the quarter, beating 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 analyst estimates of $952.09 million. During the same quarter last year, the firm earned $0.71 EPS. The company’s revenue for the quarter 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. Equities analysts anticipate that Trimble Inc. will post 3.10 earnings per share for the current year.

Insider Buying and Selling

In other Trimble news, Director Kaigham Gabriel sold 1,718 shares of the company’s stock in a transaction on Tuesday, August 4th. The shares were 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 in the company, valued at approximately $1,045,560. The trade was a 8.97% decrease in their position. The sale was disclosed in a legal filing with the SEC, which is accessible 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.

Analysts Set New Price Targets

TRMB has been the subject of a number of research reports. JPMorgan Chase & Co. lowered their price target on shares of Trimble from $76.00 to $75.00 and set an “overweight” rating for the company in a report on Thursday, October 8th. Oppenheimer reaffirmed an “outperform” rating and set a $80.00 price objective on shares of Trimble in a report on Tuesday, July 7th. Wall Street Zen upgraded Trimble from a “hold” rating to a “buy” rating in a research report on Saturday. Sanford C. Bernstein decreased their price objective on Trimble from $85.00 to $73.00 and set an “outperform” rating on the stock in a research report on Thursday, August 13th. Finally, Raymond James Financial cut Trimble from a “moderate buy” rating to a “hold” rating in a research note on Wednesday, July 22nd. Eight investment analysts have rated the stock with a Buy rating, two have given a Hold rating and one has assigned a Sell rating to the stock. According to data from MarketBeat, the company presently has an average rating of “Moderate Buy” and a consensus target price of $80.00.

Get Our Latest Analysis on Trimble

Trimble Profile

(Free Report)

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.

Further Reading

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Institutional Ownership by Quarter for Trimble (NASDAQ:TRMB)

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