Trimble Inc. $TRMB Shares Acquired by Aberdeen Group plc

Aberdeen Group plc lifted its position in Trimble Inc. (NASDAQ:TRMB) by 12.7% during the 3rd quarter, according to the company in its most recent filing with the Securities and Exchange Commission (SEC). The firm owned 301,129 shares of the scientific and technical instruments company’s stock after acquiring an additional 33,939 shares during the period. Aberdeen Group plc’s holdings in Trimble were worth $24,587,000 as of its most recent filing with the Securities and Exchange Commission (SEC).

A number of other institutional investors and hedge funds also recently added to or reduced their stakes in the company. Assetmark Inc. grew its stake in Trimble by 10.6% during the 3rd quarter. Assetmark Inc. now owns 8,280 shares of the scientific and technical instruments company’s stock valued at $676,000 after purchasing an additional 791 shares during the last quarter. Public Sector Pension Investment Board boosted its position in Trimble by 14.5% in the third quarter. Public Sector Pension Investment Board now owns 25,002 shares of the scientific and technical instruments company’s stock valued at $2,041,000 after buying an additional 3,170 shares during the last quarter. Atria Investments Inc increased its holdings in Trimble by 386.2% in the 3rd quarter. Atria Investments Inc now owns 29,155 shares of the scientific and technical instruments company’s stock worth $2,381,000 after buying an additional 23,159 shares during the period. Illinois Municipal Retirement Fund raised its position in Trimble by 44.1% during the 3rd quarter. Illinois Municipal Retirement Fund now owns 14,703 shares of the scientific and technical instruments company’s stock worth $1,200,000 after buying an additional 4,502 shares during the last quarter. Finally, Wedbush Securities Inc. lifted its stake in Trimble by 27.6% during the 3rd quarter. Wedbush Securities Inc. now owns 3,694 shares of the scientific and technical instruments company’s stock valued at $302,000 after acquiring an additional 800 shares during the period. Institutional investors and hedge funds own 93.21% of the company’s stock.

Trimble Stock Performance

Shares of TRMB stock opened at $65.63 on Wednesday. The company has a current ratio of 1.09, a quick ratio of 0.96 and a debt-to-equity ratio of 0.24. Trimble Inc. has a 12-month low of $52.91 and a 12-month high of $87.50. The business’s 50 day moving average is $74.69 and its two-hundred day moving average is $78.42. The company has a market capitalization of $15.61 billion, a P/E ratio of 37.50, a P/E/G ratio of 2.21 and a beta of 1.59.

Trimble (NASDAQ:TRMB) last posted its quarterly earnings data on Tuesday, February 10th. The scientific and technical instruments company reported $1.00 EPS for the quarter, beating analysts’ consensus estimates of $0.96 by $0.04. Trimble had a return on equity of 11.18% and a net margin of 11.82%.The business had revenue of $969.80 million during the quarter, compared to analysts’ expectations of $949.97 million. During the same period in the previous year, the business earned $0.89 earnings per share. The business’s revenue was down 1.4% compared to the same quarter last year. Trimble has set its FY 2026 guidance at 3.420-3.620 EPS and its Q1 2026 guidance at 0.690-0.740 EPS. Analysts expect that Trimble Inc. will post 2.37 EPS for the current fiscal year.

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

Analyst Ratings Changes

A number of analysts have recently weighed in on TRMB shares. Barclays increased their price objective on shares of Trimble from $100.00 to $101.00 and gave the stock an “overweight” rating in a research note on Monday, January 12th. KeyCorp raised shares of Trimble from a “sector weight” rating to an “overweight” rating and set a $99.00 price target on the stock in a report on Monday, December 15th. Piper Sandler reiterated an “overweight” rating and set a $97.00 price objective on shares of Trimble in a research note on Friday, November 7th. Zacks Research downgraded Trimble from a “strong-buy” rating to a “hold” rating in a research note on Thursday, January 1st. Finally, Wells Fargo & Company dropped their target price on Trimble from $94.00 to $79.00 and set an “overweight” rating on the stock in a report on Thursday, February 12th. One investment analyst has rated the stock with a Strong Buy rating, nine have given a Buy rating and two have given a Hold rating to the stock. According to MarketBeat.com, the stock currently has an average rating of “Moderate Buy” and an average price target of $93.33.

Insiders Place Their Bets

In other news, CFO Phillip Sawarynski sold 2,250 shares of Trimble stock in a transaction dated Tuesday, December 16th. The shares were sold at an average price of $80.45, for a total value of $181,012.50. Following the sale, the chief financial officer owned 25,684 shares in the company, valued at $2,066,277.80. This trade represents a 8.05% decrease in their ownership of the stock. The sale was disclosed in a document filed with the Securities & Exchange Commission, which is available through this link. Also, Director James Calvin Dalton sold 616 shares of the company’s stock in a transaction dated Friday, November 28th. The stock was sold at an average price of $81.99, for a total transaction of $50,505.84. Following the transaction, the director owned 13,193 shares of the company’s stock, valued at approximately $1,081,694.07. This trade represents a 4.46% decrease in their position. The disclosure for this sale is available in the SEC filing. Over the last ninety days, insiders sold 17,866 shares of company stock worth $1,448,543. Company insiders own 0.54% of the company’s stock.

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.