Inceptionr LLC Reduces Position in Trimble Inc. $TRMB

Inceptionr LLC decreased its position in Trimble Inc. (NASDAQ:TRMB) by 70.4% during the 3rd quarter, according to its most recent disclosure with the SEC. The fund owned 4,728 shares of the scientific and technical instruments company’s stock after selling 11,237 shares during the period. Inceptionr LLC’s holdings in Trimble were worth $386,000 as of its most recent SEC filing.

Several other hedge funds also recently made changes to their positions in TRMB. Natixis Advisors LLC grew its holdings in Trimble by 5.6% in the 3rd quarter. Natixis Advisors LLC now owns 39,095 shares of the scientific and technical instruments company’s stock worth $3,192,000 after acquiring an additional 2,075 shares during the last quarter. Munich Reinsurance Co Stock Corp in Munich purchased a new position in shares of Trimble in the third quarter valued at about $7,695,000. Ameriflex Group Inc. bought a new position in shares of Trimble during the third quarter valued at about $56,000. Neuberger Berman Group LLC boosted its holdings in shares of Trimble by 649.9% during the third quarter. Neuberger Berman Group LLC now owns 281,942 shares of the scientific and technical instruments company’s stock worth $23,021,000 after purchasing an additional 244,346 shares during the period. Finally, Trustmark Bank Trust Department purchased a new stake in shares of Trimble during the third quarter worth about $1,237,000. 93.21% of the stock is owned by hedge funds and other institutional investors.

Insider Activity at Trimble

In related news, CFO Phillip Sawarynski sold 2,250 shares of Trimble stock in a transaction that occurred on Tuesday, December 16th. The stock was sold at an average price of $80.45, for a total transaction of $181,012.50. Following the sale, the chief financial officer directly owned 25,684 shares in the company, valued at $2,066,277.80. The trade was a 8.05% decrease in their ownership of the stock. 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 company’s 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 completion of the sale, the chief executive officer directly owned 34,397 shares in the company, valued at approximately $2,782,029.36. The trade was a 17.90% decrease in their ownership of the stock. The disclosure for this sale is available in the SEC filing. Insiders own 0.54% of the company’s stock.

Trimble Price Performance

TRMB stock opened at $67.60 on Thursday. The company has a debt-to-equity ratio of 0.24, a current ratio of 1.09 and a quick ratio of 0.96. Trimble Inc. has a 1 year low of $52.91 and a 1 year high of $87.50. The firm has a 50-day moving average of $70.79 and a 200 day moving average of $76.83. The company has a market cap of $15.81 billion, a P/E ratio of 38.63, a PEG ratio of 2.30 and a beta of 1.57.

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

Trimble declared that its Board of Directors has initiated a share repurchase plan on Friday, December 5th that allows the company to buyback $1.00 billion in shares. This buyback authorization allows the scientific and technical instruments company to repurchase up to 5.1% of its shares through open market purchases. Shares buyback plans are generally an indication that the company’s board of directors believes its stock is undervalued.

Wall Street Analyst Weigh In

A number of research analysts recently issued reports on TRMB shares. Zacks Research upgraded Trimble from a “hold” rating to a “strong-buy” rating in a report on Friday, February 13th. Oppenheimer reiterated an “outperform” rating and issued a $86.00 price objective on shares of Trimble in a report on Tuesday, February 10th. Sanford C. Bernstein reiterated an “outperform” rating on shares of Trimble in a research report on Wednesday, February 11th. Weiss Ratings reissued a “hold (c)” rating on shares of Trimble in a research note on Wednesday, January 21st. Finally, Barclays upped their target price on Trimble from $101.00 to $103.00 and gave the company an “overweight” rating in a report on Friday, March 6th. One investment analyst has rated the stock with a Strong Buy rating, nine have assigned a Buy rating and one has given a Hold rating to the company. According to MarketBeat.com, Trimble currently has a consensus rating of “Buy” and a consensus target price of $93.75.

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.