Trimble (NASDAQ:TRMB) Issues FY 2026 Earnings Guidance

Trimble (NASDAQ:TRMB) issued an update on its FY 2026 earnings guidance on Tuesday morning. The company provided EPS guidance of 3.420-3.620 for the period, compared to the consensus EPS estimate of 3.000. The company issued revenue guidance of $3.8 billion-$3.9 billion, compared to the consensus revenue estimate of $3.7 billion. Trimble also updated its Q1 2026 guidance to 0.690-0.740 EPS.

Trimble Stock Performance

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

Trimble declared that its Board of Directors has authorized a stock repurchase plan 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 reacquire up to 5.1% of its shares through open market purchases. Shares buyback plans are typically a sign that the company’s board of directors believes its shares are undervalued.

Wall Street Analyst Weigh In

A number of analysts have recently issued reports on TRMB shares. Oppenheimer reissued an “outperform” rating and issued a $102.00 price objective on shares of Trimble in a research note on Thursday, November 6th. Weiss Ratings reissued a “hold (c)” rating on shares of Trimble in a report on Wednesday, January 21st. Wells Fargo & Company assumed coverage on Trimble in a research note on Thursday, November 13th. They issued an “overweight” rating and a $94.00 price objective for the company. Piper Sandler reiterated an “overweight” rating and set a $97.00 target price on shares of Trimble in a research report on Friday, November 7th. Finally, Zacks Research downgraded Trimble from a “strong-buy” rating to a “hold” rating in a research note on Thursday, January 1st. One analyst has rated the stock with a Strong Buy rating, eight have assigned a Buy rating and two have assigned a Hold rating to the company’s stock. According to MarketBeat.com, Trimble presently has an average rating of “Moderate Buy” and a consensus target price of $96.78.

Insider Activity

In related news, Director James Calvin Dalton sold 616 shares of the stock in a transaction dated Friday, November 28th. The shares were sold at an average price of $81.99, for a total value of $50,505.84. Following the sale, the director directly owned 13,193 shares of the company’s stock, valued at $1,081,694.07. This represents a 4.46% decrease in their position. The transaction was disclosed in a document filed with the SEC, which is available through this hyperlink. Also, CEO Robert G. Painter sold 7,500 shares of the business’s stock in a transaction that occurred on Tuesday, January 13th. The shares were 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 of the company’s stock, valued at $2,782,029.36. This trade represents a 17.90% decrease in their position. The disclosure for this sale is available in the SEC filing. Insiders sold 17,866 shares of company stock valued at $1,448,543 in the last ninety days. Insiders own 0.54% of the company’s stock.

Institutional Investors Weigh In On Trimble

Several large investors have recently added to or reduced their stakes in the stock. State Street Corp lifted its position in shares of Trimble by 0.4% during the third quarter. State Street Corp now owns 10,951,409 shares of the scientific and technical instruments company’s stock valued at $894,183,000 after buying an additional 43,285 shares during the last quarter. Invesco Ltd. boosted its stake in Trimble by 1.7% in the 3rd quarter. Invesco Ltd. now owns 4,156,972 shares of the scientific and technical instruments company’s stock worth $339,417,000 after purchasing an additional 67,671 shares in the last quarter. Wellington Management Group LLP increased its stake in Trimble by 12,120.5% during the 3rd quarter. Wellington Management Group LLP now owns 2,743,757 shares of the scientific and technical instruments company’s stock valued at $224,028,000 after purchasing an additional 2,721,305 shares in the last quarter. Raymond James Financial Inc. raised its holdings in shares of Trimble by 28.2% in the third quarter. Raymond James Financial Inc. now owns 1,646,161 shares of the scientific and technical instruments company’s stock worth $134,409,000 after buying an additional 362,402 shares during the last quarter. Finally, UBS Group AG grew its holdings in shares of Trimble by 25.6% during the third quarter. UBS Group AG now owns 1,590,549 shares of the scientific and technical instruments company’s stock valued at $129,868,000 after buying an additional 323,696 shares during the last quarter. 93.21% of the stock is owned by hedge funds and other 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.