Trimble (NASDAQ:TRMB) Issues Earnings Results

Trimble (NASDAQ:TRMB) announced its quarterly earnings results on Tuesday. The scientific and technical instruments company reported $1.00 EPS for the quarter, topping the consensus estimate of $0.96 by $0.04, Briefing.com reports. Trimble had a return on equity of 10.73% and a net margin of 9.93%.Trimble’s revenue was down 1.4% on a year-over-year basis. During the same quarter last year, the firm earned $0.89 earnings per share. Trimble updated its FY 2026 guidance to 3.420-3.620 EPS and its Q1 2026 guidance to 0.690-0.740 EPS.

Trimble Stock Performance

TRMB opened at $66.93 on Tuesday. The stock has a 50-day moving average of $76.59 and a 200-day moving average of $79.18. The company has a debt-to-equity ratio of 0.24, a quick ratio of 0.86 and a current ratio of 1.00. Trimble has a 52-week low of $52.91 and a 52-week high of $87.50. The company has a market cap of $15.92 billion, a PE ratio of 45.84, a price-to-earnings-growth ratio of 2.31 and a beta of 1.59.

Analyst Ratings Changes

A number of research firms recently issued reports on TRMB. Barclays increased their target price on shares of Trimble from $100.00 to $101.00 and gave the stock an “overweight” rating in a research report on Monday, January 12th. Zacks Research lowered shares of Trimble from a “strong-buy” rating to a “hold” rating in a research report on Thursday, January 1st. Wells Fargo & Company initiated coverage on shares of Trimble in a report on Thursday, November 13th. They set an “overweight” rating and a $94.00 target price on the stock. Piper Sandler reiterated an “overweight” rating and issued a $97.00 price target on shares of Trimble in a report on Friday, November 7th. Finally, Weiss Ratings reissued a “hold (c)” rating on shares of Trimble in a research report on Wednesday, January 21st. One analyst has rated the stock with a Strong Buy rating, eight have issued a Buy rating and two have given a Hold rating to the company. According to MarketBeat, the company presently has a consensus rating of “Moderate Buy” and a consensus price target of $96.78.

Trimble announced that its board has initiated a stock repurchase program on Friday, December 5th that authorizes the company to buyback $1.00 billion in shares. This buyback authorization authorizes the scientific and technical instruments company to buy up to 5.1% of its stock through open market purchases. Stock buyback programs are generally an indication that the company’s board believes its stock is undervalued.

Insider Buying and Selling at Trimble

In related news, CFO Phillip Sawarynski sold 2,250 shares of the firm’s stock in a transaction on Tuesday, December 16th. The shares were sold at an average price of $80.45, for a total value of $181,012.50. Following the transaction, the chief financial officer directly owned 25,684 shares in the company, valued at approximately $2,066,277.80. This trade represents a 8.05% decrease in their position. The transaction was disclosed in a filing with the SEC, which is available through this link. Also, CEO Robert G. Painter sold 7,500 shares of the business’s stock in a transaction dated Tuesday, December 9th. The stock was sold at an average price of $81.39, for a total value of $610,425.00. Following the transaction, the chief executive officer directly owned 41,897 shares of the company’s stock, valued at $3,409,996.83. This represents a 15.18% decrease in their position. The disclosure for this sale is available in the SEC filing. Insiders have sold a total of 17,866 shares of company stock worth $1,448,543 over the last 90 days. Insiders own 0.54% of the company’s stock.

Institutional Inflows and Outflows

Several institutional investors have recently added to or reduced their stakes in TRMB. Northwestern Mutual Wealth Management Co. boosted its position in shares of Trimble by 7.7% in the fourth quarter. Northwestern Mutual Wealth Management Co. now owns 5,358 shares of the scientific and technical instruments company’s stock valued at $420,000 after acquiring an additional 382 shares during the period. CIBC Bancorp USA Inc. acquired a new position in Trimble during the 3rd quarter valued at $2,683,000. Danske Bank A S acquired a new position in Trimble during the 3rd quarter valued at $14,104,000. Advisory Services Network LLC acquired a new stake in Trimble in the 3rd quarter worth $85,000. Finally, Aureus Asset Management LLC grew its position in Trimble by 44.8% in the 3rd quarter. Aureus Asset Management LLC now owns 7,392 shares of the scientific and technical instruments company’s stock worth $604,000 after purchasing an additional 2,287 shares during the last quarter. 93.21% of the stock is owned by institutional investors.

About Trimble

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.