Envestnet Asset Management Inc. Increases Holdings in Trimble Inc. $TRMB

Envestnet Asset Management Inc. grew its holdings in Trimble Inc. (NASDAQ:TRMB) by 73.3% during the third quarter, HoldingsChannel reports. The fund owned 481,877 shares of the scientific and technical instruments company’s stock after purchasing an additional 203,804 shares during the period. Envestnet Asset Management Inc.’s holdings in Trimble were worth $39,345,000 as of its most recent SEC filing.

Other hedge funds and other institutional investors have also made changes to their positions in the company. Brighton Jones LLC purchased a new stake in shares of Trimble during the 4th quarter worth approximately $211,000. Empowered Funds LLC raised its stake in Trimble by 9.5% during the 1st quarter. Empowered Funds LLC now owns 7,023 shares of the scientific and technical instruments company’s stock worth $461,000 after acquiring an additional 607 shares in the last quarter. Woodline Partners LP raised its stake in Trimble by 41.6% during the 1st quarter. Woodline Partners LP now owns 20,766 shares of the scientific and technical instruments company’s stock worth $1,363,000 after acquiring an additional 6,100 shares in the last quarter. Sivia Capital Partners LLC purchased a new stake in Trimble in the second quarter valued at $208,000. Finally, Ameritas Advisory Services LLC acquired a new position in Trimble in the second quarter valued at $48,000. Institutional investors and hedge funds own 93.21% of the company’s stock.

Insider Activity

In other news, Director James Calvin Dalton sold 616 shares of the business’s stock in a transaction dated Friday, November 28th. The shares were sold at an average price of $81.99, for a total transaction of $50,505.84. Following the transaction, the director directly owned 13,193 shares in the company, valued at $1,081,694.07. The trade was a 4.46% decrease in their ownership of the stock. The sale was disclosed in a legal filing with the SEC, which is available through this link. Also, CFO Phillip Sawarynski sold 2,250 shares of the stock in a transaction dated Tuesday, December 16th. The stock was sold at an average price of $80.45, for a total transaction of $181,012.50. Following the transaction, the chief financial officer directly owned 25,684 shares of the company’s stock, valued at $2,066,277.80. This represents a 8.05% decrease in their ownership of the stock. Additional details regarding this sale are available in the official SEC disclosure. Insiders have sold a total of 17,866 shares of company stock valued at $1,448,543 over the last quarter. Corporate insiders own 0.54% of the company’s stock.

Trimble Stock Performance

NASDAQ:TRMB opened at $68.88 on Wednesday. The company has a debt-to-equity ratio of 0.24, a current ratio of 1.00 and a quick ratio of 0.86. The firm has a market cap of $16.39 billion, a price-to-earnings ratio of 47.18, a price-to-earnings-growth ratio of 2.33 and a beta of 1.59. The firm’s fifty day moving average price is $76.32 and its 200 day moving average price is $79.07. Trimble Inc. has a 1-year low of $52.91 and a 1-year high of $87.50.

Trimble announced that its board has approved a share repurchase plan on Friday, December 5th that allows the company to repurchase $1.00 billion in shares. This repurchase authorization allows the scientific and technical instruments company to buy up to 5.1% of its shares through open market purchases. Shares repurchase plans are typically an indication that the company’s board believes its shares are undervalued.

Key Stories Impacting Trimble

Here are the key news stories impacting Trimble this week:

• Positive Sentiment: Q4 results beat expectations — EPS $1.00 vs. ~$0.96 consensus and revenue $969.8M vs. ~$950M, driven by margin strength. Read More.
• Positive Sentiment: Record margins and annualized recurring revenue (ARR): management highlighted record Q4 and full‑year gross and operating margins and record ARR, which improved profitability and helped the beat. Read More.
• Positive Sentiment: Raised/above‑consensus guidance — Trimble gave FY‑2026 EPS of $3.42–$3.62 (vs. ~3.00 consensus) and revenue $3.8–$3.9B, and Q1 EPS $0.69–$0.74 (above consensus). That forward outlook is the primary catalyst for the stock move. Read More.
• Positive Sentiment: Software demand cited as the growth driver — management pointed to stronger software and subscription traction underpinning margins and recurring revenue growth. Read More.
• Neutral Sentiment: Analyst/earnings call takeaways available — conference call and slide deck released; analysts are parsing product mix and margin sustainability. Read More.
• Neutral Sentiment: Metric review underway — detailed metric comparisons to estimates and year‑ago figures (bookings, service revenue mix) will influence whether investors treat the beat as durable. Read More.
• Negative Sentiment: Top‑line pressure persists in the quarter — revenue was down ~1.4% year‑over‑year despite the beat, highlighting some demand softness in parts of the business. Read More.
• Negative Sentiment: Valuation and technicals may limit upside — the stock trades below its 50‑ and 200‑day moving averages and carries a relatively high trailing P/E, which could make investors cautious absent sustained revenue growth. Read More.

Wall Street Analysts Forecast Growth

TRMB has been the topic of several research reports. Wells Fargo & Company assumed coverage on Trimble in a report on Thursday, November 13th. They set an “overweight” rating and a $94.00 price objective on the stock. KeyCorp raised Trimble from a “sector weight” rating to an “overweight” rating and set a $99.00 price target on the stock in a research report on Monday, December 15th. Barclays increased their price objective on Trimble from $100.00 to $101.00 and gave the company an “overweight” rating in a report on Monday, January 12th. Piper Sandler reaffirmed an “overweight” rating and issued a $97.00 target price on shares of Trimble in a report on Friday, November 7th. Finally, Weiss Ratings reiterated a “hold (c)” rating on shares of Trimble in a research report on Wednesday, January 21st. One investment analyst has rated the stock with a Strong Buy rating, eight have assigned a Buy rating and two have assigned a Hold rating to the company. According to data from MarketBeat, the company has a consensus rating of “Moderate Buy” and an average target price of $95.00.

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.