Trimble Inc. $TRMB Shares Sold by Lmcg Investments LLC

Lmcg Investments LLC reduced its stake in shares of Trimble Inc. (NASDAQ:TRMB) by 84.2% in the 3rd quarter, according to the company in its most recent disclosure with the Securities and Exchange Commission. The institutional investor owned 6,225 shares of the scientific and technical instruments company’s stock after selling 33,138 shares during the quarter. Lmcg Investments LLC’s holdings in Trimble were worth $356,000 at the end of the most recent reporting period.

A number of other large investors also recently bought and sold shares of TRMB. Frazier Financial Advisors LLC purchased a new stake in Trimble in the 2nd quarter worth approximately $25,000. Vega Investment Solutions acquired a new stake in shares of Trimble during the 2nd quarter worth approximately $29,000. Global Retirement Partners LLC acquired a new stake in shares of Trimble during the 2nd quarter worth approximately $45,000. Caitong International Asset Management Co. Ltd purchased a new position in shares of Trimble during the 4th quarter valued at approximately $48,000. Finally, Quantbot Technologies LP purchased a new position in shares of Trimble during the 2nd quarter valued at approximately $53,000. 93.21% of the stock is owned by institutional investors and hedge funds.

Trimble Stock Performance

Shares of TRMB stock opened at $64.01 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 12-month low of $47.92 and a 12-month high of $84.42. The business’s 50 day moving average is $59.11 and its two-hundred day moving average is $57.83. The company has a market capitalization of $14.93 billion, a P/E ratio of -130.63, a P/E/G ratio of 2.02 and a beta of 1.34.

Trimble (NASDAQ:TRMB) last posted its quarterly earnings data on Wednesday, August 12th. The scientific and technical instruments company reported $0.86 EPS for the quarter, beating analysts’ consensus estimates of $0.80 by $0.06. The business had revenue of $972.00 million during the quarter, compared to analysts’ expectations of $952.09 million. Trimble had a positive return on equity of 12.29% and a negative net margin of 2.77%. The business’s revenue was up 11.0% compared to the same quarter last year. During the same period in the previous year, the business earned $0.71 earnings per share. Trimble has set its Q3 2026 guidance at 0.830-0.880 EPS and its FY 2026 guidance at 3.600-3.700 EPS. Analysts expect that Trimble Inc. will post 3.10 EPS for the current fiscal year.

Wall Street Analysts Forecast Growth

Several equities analysts recently issued reports on the stock. Piper Sandler reiterated an “overweight” rating and issued a $87.00 target price on shares of Trimble in a research note on Thursday, August 13th. Sanford C. Bernstein dropped their price target on shares of Trimble from $85.00 to $73.00 and set an “outperform” rating on the stock in a research report on Thursday, August 13th. Oppenheimer reaffirmed an “outperform” rating and issued a $80.00 price objective on shares of Trimble in a report on Tuesday, July 7th. Raymond James Financial downgraded shares of Trimble from a “moderate buy” rating to a “hold” rating in a research report on Wednesday, July 22nd. Finally, Wall Street Zen downgraded shares of Trimble from a “buy” rating to a “hold” rating in a research report on Sunday, October 4th. Eight research analysts have rated the stock with a Buy rating, two have given a Hold rating and one has issued a Sell rating to the company’s stock. According to data from MarketBeat, Trimble has an average rating of “Moderate Buy” and a consensus price target of $80.00.

Insider Activity

In other news, Director Kaigham Gabriel sold 1,718 shares of the stock in a transaction that occurred on Tuesday, August 4th. The stock was sold at an average price of $60.00, for a total transaction of $103,080.00. Following the transaction, the director owned 17,426 shares in the company, valued at $1,045,560. This trade represents a 8.97% decrease in their position. The sale was disclosed in a filing with the SEC, which is available at the SEC website. The transaction was executed under a pre-arranged Rule 10b5-1 trading plan. 0.59% of the stock is owned by company insiders.

About Trimble

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.