Brant Point Investment Management LLC Raises Position in Trimble Inc. $TRMB

Brant Point Investment Management LLC raised its holdings in shares of Trimble Inc. (NASDAQ:TRMB) by 27.3% during the 4th quarter, according to its most recent filing with the Securities and Exchange Commission (SEC). The fund owned 70,000 shares of the scientific and technical instruments company’s stock after acquiring an additional 15,000 shares during the quarter. Trimble makes up 0.7% of Brant Point Investment Management LLC’s portfolio, making the stock its 20th largest holding. Brant Point Investment Management LLC’s holdings in Trimble were worth $5,484,000 as of its most recent SEC filing.

Other institutional investors and hedge funds have also modified their holdings of the company. Rothschild Investment LLC boosted its stake in shares of Trimble by 193.6% during the 4th quarter. Rothschild Investment LLC now owns 323 shares of the scientific and technical instruments company’s stock worth $25,000 after acquiring an additional 213 shares during the last quarter. Toth Financial Advisory Corp purchased a new position in shares of Trimble during the 4th quarter worth $27,000. Bank of Jackson Hole Trust purchased a new position in shares of Trimble during the 4th quarter worth $27,000. Quarry LP boosted its stake in shares of Trimble by 175.8% during the 3rd quarter. Quarry LP now owns 364 shares of the scientific and technical instruments company’s stock worth $30,000 after acquiring an additional 232 shares during the last quarter. Finally, Hantz Financial Services Inc. boosted its stake in shares of Trimble by 90.8% during the 3rd quarter. Hantz Financial Services Inc. now owns 372 shares of the scientific and technical instruments company’s stock worth $30,000 after acquiring an additional 177 shares during the last quarter. Hedge funds and other institutional investors own 93.21% of the company’s stock.

Insider Activity

In other news, CEO Robert G. Painter sold 7,500 shares of Trimble stock in a transaction dated Tuesday, April 14th. The stock was sold at an average price of $66.94, for a total value of $502,050.00. Following the sale, the chief executive officer directly owned 11,897 shares of the company’s stock, valued at approximately $796,385.18. The trade was a 38.67% decrease in their ownership of the stock. The sale was disclosed in a document filed with the SEC, which can be accessed through this hyperlink. 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 Trimble stock in a transaction dated Thursday, April 16th. The stock was sold at an average price of $67.01, for a total value of $1,120,742.25. Following the completion of the sale, the vice president directly owned 19,668 shares in the company, valued at $1,317,952.68. This trade 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. Insiders own 0.59% of the company’s stock.

Trimble Stock Up 0.8%

TRMB opened at $50.42 on Friday. The company has a debt-to-equity ratio of 0.25, a quick ratio of 0.88 and a current ratio of 1.01. Trimble Inc. has a fifty-two week low of $48.90 and a fifty-two week high of $87.50. The firm’s fifty day moving average is $60.67 and its 200 day moving average is $68.68. The stock has a market cap of $11.75 billion, a price-to-earnings ratio of 26.54, a price-to-earnings-growth ratio of 1.69 and a beta of 1.38.

Trimble (NASDAQ:TRMB) last released its earnings results on Wednesday, May 6th. The scientific and technical instruments company reported $0.79 earnings per share for the quarter, beating analysts’ consensus estimates of $0.72 by $0.07. The company had revenue of $939.90 million for the quarter, compared to analysts’ expectations of $905.60 million. Trimble had a net margin of 12.38% and a return on equity of 11.61%. Trimble’s revenue for the quarter was up 11.8% on a year-over-year basis. During the same quarter in the previous year, the company earned $0.61 EPS. Trimble has set its Q2 2026 guidance at 0.780-0.820 EPS and its FY 2026 guidance at 3.470-3.640 EPS. On average, sell-side analysts forecast that Trimble Inc. will post 2.99 earnings per share for the current fiscal year.

Wall Street Analyst Weigh In

Several brokerages have recently weighed in on TRMB. Piper Sandler dropped their price target on shares of Trimble from $97.00 to $87.00 and set an “overweight” rating on the stock in a research note on Wednesday, May 6th. Barclays dropped their price target on shares of Trimble from $103.00 to $79.00 and set an “overweight” rating on the stock in a research note on Friday, May 29th. Wells Fargo & Company lowered their target price on shares of Trimble from $79.00 to $70.00 and set an “overweight” rating on the stock in a research note on Thursday, May 7th. Wall Street Zen upgraded shares of Trimble from a “hold” rating to a “buy” rating in a research note on Saturday, May 9th. Finally, Weiss Ratings cut shares of Trimble from a “hold (c)” rating to a “hold (c-)” rating in a research note on Thursday, June 4th. Ten analysts have rated the stock with a Buy rating and two have issued a Hold rating to the company’s stock. According to data from MarketBeat, the company currently has a consensus rating of “Moderate Buy” and an average price target of $87.33.

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.