Trimble (NASDAQ:TRMB) Hits New 52-Week Low – Time to Sell?

Shares of Trimble Inc. (NASDAQ:TRMB) reached a new 52-week low during trading on Tuesday . The company traded as low as $52.68 and last traded at $52.4440, with a volume of 798715 shares traded. The stock had previously closed at $53.63.

Analyst Ratings Changes

TRMB has been the topic of several research reports. Zacks Research downgraded shares of Trimble from a “strong-buy” rating to a “hold” rating in a research note on Monday, April 13th. Oppenheimer decreased their price objective on Trimble from $86.00 to $80.00 and set an “outperform” rating on the stock in a report on Thursday, May 7th. Weiss Ratings downgraded shares of Trimble from a “hold (c)” rating to a “hold (c-)” rating in a report on Thursday, June 4th. Sanford C. Bernstein restated an “outperform” rating on shares of Trimble in a report on Wednesday, February 11th. Finally, Wells Fargo & Company cut their price objective 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. Ten investment analysts have rated the stock with a Buy rating and two have issued a Hold rating to the stock. According to MarketBeat, the company has a consensus rating of “Moderate Buy” and a consensus target price of $87.33.

Trimble Price Performance

The stock’s fifty day moving average price is $61.27 and its 200-day moving average price is $69.00. 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 firm has a market cap of $11.66 billion, a PE ratio of 26.32, a P/E/G ratio of 1.77 and a beta of 1.38.

Trimble (NASDAQ:TRMB) last announced its quarterly earnings results on Wednesday, May 6th. The scientific and technical instruments company reported $0.79 earnings per share (EPS) for the quarter, beating analysts’ consensus estimates of $0.72 by $0.07. The business had revenue of $939.90 million during the quarter, compared to the consensus estimate of $905.60 million. Trimble had a net margin of 12.38% and a return on equity of 11.61%. The business’s revenue was up 11.8% compared to the same quarter last year. During the same quarter last year, the firm 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. As a group, equities analysts forecast that Trimble Inc. will post 2.99 EPS for the current fiscal year.

Insider Transactions at Trimble

In other Trimble news, CEO Robert G. Painter sold 7,500 shares of the company’s stock in a transaction dated Tuesday, April 14th. The shares were sold at an average price of $66.94, for a total value of $502,050.00. Following the transaction, the chief executive officer directly owned 11,897 shares in the company, valued at approximately $796,385.18. This represents a 38.67% decrease in their position. The transaction was disclosed in a document filed with the Securities & Exchange Commission, which is accessible through this link. 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 dated Thursday, April 16th. The shares were sold at an average price of $67.01, for a total transaction of $1,120,742.25. Following the completion of the transaction, the vice president 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 disclosure for this sale is available in the SEC filing. 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. 0.59% of the stock is currently owned by corporate insiders.

Institutional Investors Weigh In On Trimble

Several hedge funds have recently made changes to their positions in TRMB. Rothschild Investment LLC boosted its holdings in shares of Trimble by 193.6% during the fourth quarter. Rothschild Investment LLC now owns 323 shares of the scientific and technical instruments company’s stock worth $25,000 after purchasing an additional 213 shares during the last quarter. DV Equities LLC acquired a new stake in shares of Trimble during the fourth quarter worth $26,000. Toth Financial Advisory Corp acquired a new stake in shares of Trimble during the fourth quarter worth $27,000. Bank of Jackson Hole Trust purchased a new position in shares of Trimble during the 4th quarter worth about $27,000. Finally, Hantz Financial Services Inc. lifted its holdings in shares of Trimble by 90.8% during the 3rd quarter. Hantz Financial Services Inc. now owns 372 shares of the scientific and technical instruments company’s stock worth $30,000 after acquiring an additional 177 shares during the period. Institutional investors and hedge funds own 93.21% of the company’s stock.

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.