Trimble Inc. (NASDAQ:TRMB) Receives Average Rating of “Moderate Buy” from Brokerages

Shares of Trimble Inc. (NASDAQ:TRMB) have received an average recommendation of “Moderate Buy” from the twelve brokerages that are presently covering the company, MarketBeat Ratings reports. Two equities research analysts have rated the stock with a hold recommendation and ten have given a buy recommendation to the company. The average 12-month target price among brokers that have updated their coverage on the stock in the last year is $83.7778.

Several equities research analysts have recently commented on the company. Piper Sandler reduced their price objective on Trimble from $97.00 to $87.00 and set an “overweight” rating for the company in a research note on Wednesday, May 6th. Oppenheimer reiterated an “outperform” rating and set a $80.00 target price on shares of Trimble in a research report on Tuesday, July 7th. Weiss Ratings lowered Trimble from a “hold (c)” rating to a “hold (c-)” rating in a report on Thursday, June 4th. Barclays reduced their price target on Trimble from $103.00 to $79.00 and set an “overweight” rating for the company in a research report on Friday, May 29th. Finally, Wells Fargo & Company lowered their price objective on Trimble from $70.00 to $61.00 and set an “overweight” rating on the stock in a research report on Tuesday, July 14th.

Trimble Price Performance

Shares of NASDAQ:TRMB opened at $52.72 on Monday. The company has a debt-to-equity ratio of 0.25, a quick ratio of 0.88 and a current ratio of 1.01. The firm has a market cap of $12.29 billion, a price-to-earnings ratio of 27.75, a price-to-earnings-growth ratio of 1.76 and a beta of 1.38. The business has a 50-day simple moving average of $53.21 and a two-hundred day simple moving average of $63.37. Trimble has a fifty-two week low of $47.92 and a fifty-two week high of $87.50.

Trimble (NASDAQ:TRMB) last posted its earnings results on Wednesday, May 6th. The scientific and technical instruments company reported $0.79 EPS for the quarter, topping analysts’ consensus estimates of $0.72 by $0.07. Trimble had a net margin of 12.38% and a return on equity of 11.61%. The business had revenue of $939.90 million during the quarter, compared to the consensus estimate of $905.60 million. During the same quarter in the previous year, the firm posted $0.61 EPS. The firm’s revenue was up 11.8% on a year-over-year basis. 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, analysts expect that Trimble will post 3 earnings per share for the current year.

Institutional Inflows and Outflows

Hedge funds and other institutional investors have recently added to or reduced their stakes in the business. ABN Amro Investment Solutions grew its holdings in Trimble by 90.8% during the 4th quarter. ABN Amro Investment Solutions now owns 60,512 shares of the scientific and technical instruments company’s stock valued at $4,741,000 after buying an additional 28,791 shares in the last quarter. Sivia Capital Partners LLC purchased a new stake in shares of Trimble during the 2nd quarter worth approximately $208,000. SG Americas Securities LLC boosted its position in shares of Trimble by 164.8% during the 4th quarter. SG Americas Securities LLC now owns 254,339 shares of the scientific and technical instruments company’s stock valued at $19,927,000 after acquiring an additional 158,287 shares during the last quarter. Swedbank AB grew its holdings in shares of Trimble by 60.0% in the fourth quarter. Swedbank AB now owns 508,180 shares of the scientific and technical instruments company’s stock valued at $39,816,000 after purchasing an additional 190,638 shares in the last quarter. Finally, Exchange Traded Concepts LLC grew its holdings in shares of Trimble by 12.6% in the fourth quarter. Exchange Traded Concepts LLC now owns 195,408 shares of the scientific and technical instruments company’s stock valued at $15,310,000 after purchasing an additional 21,869 shares in the last quarter. 93.21% of the stock is currently owned by institutional investors.

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.