Trimble Inc. $TRMB Shares Sold by Blair William & Co. IL

Blair William & Co. IL lowered its holdings in shares of Trimble Inc. (NASDAQ:TRMB) by 24.2% during the third quarter, according to its most recent disclosure with the Securities and Exchange Commission. The institutional investor owned 120,899 shares of the scientific and technical instruments company’s stock after selling 38,677 shares during the quarter. Blair William & Co. IL’s holdings in Trimble were worth $9,871,000 at the end of the most recent reporting period.

Other institutional investors also recently bought and sold shares of the company. Brighton Jones LLC purchased a new position in shares of Trimble during the 4th quarter valued at approximately $211,000. Empowered Funds LLC lifted its holdings in Trimble by 9.5% during the first quarter. Empowered Funds LLC now owns 7,023 shares of the scientific and technical instruments company’s stock valued at $461,000 after purchasing an additional 607 shares in the last quarter. Woodline Partners LP lifted its holdings in Trimble by 41.6% during the first quarter. Woodline Partners LP now owns 20,766 shares of the scientific and technical instruments company’s stock valued at $1,363,000 after purchasing an additional 6,100 shares in the last quarter. Sivia Capital Partners LLC acquired a new stake in shares of Trimble in the second quarter valued at about $208,000. Finally, Atria Investments Inc grew its position in shares of Trimble by 50.8% in the second quarter. Atria Investments Inc now owns 5,996 shares of the scientific and technical instruments company’s stock valued at $456,000 after purchasing an additional 2,019 shares during the period. 93.21% of the stock is owned by institutional investors and hedge funds.

Trimble Stock Up 0.5%

Shares of NASDAQ TRMB opened at $70.45 on Tuesday. The stock has a market cap of $16.48 billion, a PE ratio of 40.26, a P/E/G ratio of 2.34 and a beta of 1.57. 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 company has a 50-day moving average of $71.21 and a 200 day moving average of $76.99.

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

Trimble declared that its Board of Directors has approved a share repurchase program on Friday, December 5th that permits the company to buyback $1.00 billion in outstanding shares. This buyback authorization permits the scientific and technical instruments company to purchase up to 5.1% of its shares through open market purchases. Shares buyback programs are usually a sign that the company’s board of directors believes its shares are undervalued.

Insider Buying and Selling

In other Trimble news, CFO Phillip Sawarynski sold 2,250 shares of the firm’s stock in a transaction on Tuesday, December 16th. The stock was sold at an average price of $80.45, for a total value of $181,012.50. Following the completion of the sale, the chief financial officer directly owned 25,684 shares of the company’s stock, valued at $2,066,277.80. This trade represents a 8.05% decrease in their position. The sale was disclosed in a legal filing with the Securities & Exchange Commission, which is available through this hyperlink. Also, CEO Robert G. Painter sold 7,500 shares of Trimble stock in a transaction on Tuesday, January 13th. The stock was sold at an average price of $80.88, for a total value of $606,600.00. Following the transaction, the chief executive officer owned 34,397 shares in the company, valued at approximately $2,782,029.36. This represents a 17.90% decrease in their position. The disclosure for this sale is available in the SEC filing. Company insiders own 0.54% of the company’s stock.

Analyst Ratings Changes

Several research firms recently weighed in on TRMB. Wells Fargo & Company reduced their price target on shares of Trimble from $94.00 to $79.00 and set an “overweight” rating for the company in a research report on Thursday, February 12th. Sanford C. Bernstein reiterated an “outperform” rating on shares of Trimble in a report on Wednesday, February 11th. KeyCorp upgraded Trimble from a “sector weight” rating to an “overweight” rating and set a $99.00 price objective for the company in a research note on Monday, December 15th. Weiss Ratings reissued a “hold (c)” rating on shares of Trimble in a report on Wednesday, January 21st. Finally, Barclays raised their target price on Trimble from $101.00 to $103.00 and gave the company an “overweight” rating in a research report on Friday. One investment analyst has rated the stock with a Strong Buy rating, nine have given a Buy rating and one has given a Hold rating to the company’s stock. According to data from MarketBeat.com, Trimble has an average rating of “Buy” and an average price target of $93.75.

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.