Gator Capital Management LLC Makes New $2.33 Million Investment in Trimble Inc. $TRMB

Gator Capital Management LLC purchased a new position in shares of Trimble Inc. (NASDAQ:TRMB) during the 4th quarter, Holdings Channel.com reports. The fund purchased 29,718 shares of the scientific and technical instruments company’s stock, valued at approximately $2,328,000.

Several other hedge funds and other institutional investors also recently added to or reduced their stakes in TRMB. Wellington Management Group LLP grew its position in Trimble by 12,120.5% during the 3rd quarter. Wellington Management Group LLP now owns 2,743,757 shares of the scientific and technical instruments company’s stock worth $224,028,000 after purchasing an additional 2,721,305 shares during the period. Norges Bank acquired a new stake in Trimble during the 4th quarter worth about $213,133,000. Ninety One UK Ltd acquired a new stake in Trimble during the 4th quarter worth about $67,741,000. Danica Pension Livsforsikringsaktieselskab acquired a new stake in Trimble during the 3rd quarter worth about $56,747,000. Finally, Massachusetts Financial Services Co. MA grew its position in Trimble by 19.1% during the 4th quarter. Massachusetts Financial Services Co. MA now owns 4,217,742 shares of the scientific and technical instruments company’s stock worth $330,460,000 after purchasing an additional 675,134 shares during the period. 93.21% of the stock is owned by institutional investors and hedge funds.

Wall Street Analyst Weigh In

Several equities research analysts have weighed in on TRMB shares. Zacks Research downgraded Trimble from a “strong-buy” rating to a “hold” rating in a research report on Monday, April 13th. Oppenheimer cut their price target on Trimble from $86.00 to $80.00 and set an “outperform” rating on the stock in a research report on Thursday, May 7th. Weiss Ratings cut Trimble from a “hold (c)” rating to a “hold (c-)” rating in a research report on Thursday, June 4th. Robert W. Baird dropped their target price on Trimble from $90.00 to $85.00 and set an “outperform” rating on the stock in a research report on Monday, March 30th. Finally, Piper Sandler dropped their target price on Trimble from $97.00 to $87.00 and set an “overweight” rating on the stock in a research report on Wednesday, May 6th. Ten analysts have rated the stock with a Buy rating and two have given a Hold rating to the company. According to data from MarketBeat.com, the stock currently has a consensus rating of “Moderate Buy” and an average target price of $87.33.

Insider Transactions at Trimble

In related news, CEO Robert G. Painter sold 7,500 shares of the firm’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 of the company’s stock, valued at approximately $796,385.18. This trade represents a 38.67% decrease in their position. The sale was disclosed in a filing with the SEC, which can be accessed through the SEC website. 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 firm’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 directly owned 19,668 shares in the company, valued at $1,317,952.68. This 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. Company insiders own 0.59% of the company’s stock.

Trimble Price Performance

NASDAQ:TRMB opened at $50.42 on Friday. Trimble Inc. has a 52 week low of $48.90 and a 52 week high of $87.50. The company has a quick ratio of 0.88, a current ratio of 1.01 and a debt-to-equity ratio of 0.25. The stock has a market capitalization of $11.75 billion, a PE ratio of 26.54, a price-to-earnings-growth ratio of 1.67 and a beta of 1.38. The stock’s 50-day moving average price is $60.67 and its 200-day moving average price is $68.68.

Trimble (NASDAQ:TRMB) last posted its earnings results on Wednesday, May 6th. The scientific and technical instruments company reported $0.79 EPS for the quarter, beating analysts’ consensus estimates of $0.72 by $0.07. Trimble had a return on equity of 11.61% and a net margin of 12.38%.The firm had revenue of $939.90 million for the quarter, compared to analysts’ expectations of $905.60 million. During the same period last year, the firm earned $0.61 EPS. The company’s quarterly revenue was up 11.8% on a year-over-year basis. 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 expect that Trimble Inc. will post 2.99 EPS for the current fiscal year.

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.