Trimble Inc. (NASDAQ:TRMB) Receives Consensus Recommendation of “Moderate Buy” from Analysts

Trimble Inc. (NASDAQ:TRMB) has received an average rating of “Moderate Buy” from the twelve research firms that are currently covering the company, MarketBeat reports. Two investment analysts have rated the stock with a hold rating and ten have issued a buy rating on the company. The average 12-month price objective among analysts that have issued a report on the stock in the last year is $92.7778.

A number of equities research analysts recently issued reports on the stock. Oppenheimer restated an “outperform” rating and issued a $86.00 target price on shares of Trimble in a report on Tuesday, February 10th. Weiss Ratings reaffirmed a “hold (c)” rating on shares of Trimble in a research report on Wednesday, January 21st. Barclays lifted their price target on shares of Trimble from $101.00 to $103.00 and gave the company an “overweight” rating in a research report on Friday, March 6th. Wells Fargo & Company reduced their price target on shares of Trimble from $94.00 to $79.00 and set an “overweight” rating on the stock in a research report on Thursday, February 12th. Finally, Robert W. Baird reduced their price target on shares of Trimble from $90.00 to $85.00 and set an “outperform” rating on the stock in a research report on Monday, March 30th.

Trimble Price Performance

Trimble stock opened at $69.29 on Friday. Trimble has a 1 year low of $55.55 and a 1 year high of $87.50. The firm has a 50 day moving average price of $66.68 and a 200 day moving average price of $74.02. The company has a market cap of $16.08 billion, a price-to-earnings ratio of 39.59, a PEG ratio of 2.26 and a beta of 1.53. The company has a debt-to-equity ratio of 0.24, a quick ratio of 0.96 and a current ratio of 1.09.

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

Insiders Place Their Bets

In other news, VP Mark David Schwartz sold 16,725 shares of the business’s stock in a transaction on Thursday, April 16th. The shares were sold at an average price of $67.01, for a total transaction of $1,120,742.25. Following the transaction, the vice president directly owned 19,668 shares of the company’s stock, valued at approximately $1,317,952.68. The trade was a 45.96% decrease in their ownership of the stock. The transaction was disclosed in a document filed with the SEC, which is available at 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, CEO Robert G. Painter sold 7,500 shares of the business’s stock in a transaction on Tuesday, April 14th. The stock was sold at an average price of $66.94, for a total transaction of $502,050.00. Following the transaction, the chief executive officer directly owned 11,897 shares in the company, valued at approximately $796,385.18. The trade was a 38.67% 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. Over the last three months, insiders have sold 31,725 shares of company stock worth $2,151,167. Corporate insiders own 0.54% of the company’s stock.

Institutional Inflows and Outflows

A number of institutional investors have recently made changes to their positions in TRMB. Salomon & Ludwin LLC acquired a new position in shares of Trimble during the third quarter worth $25,000. Rothschild Investment LLC lifted its position in shares of Trimble by 193.6% during the fourth quarter. Rothschild Investment LLC now owns 323 shares of the scientific and technical instruments company’s stock worth $25,000 after purchasing an additional 213 shares in the last quarter. DV Equities LLC acquired a new position in shares of Trimble during the fourth quarter worth $26,000. Toth Financial Advisory Corp acquired a new position in shares of Trimble during the fourth quarter worth $27,000. Finally, Bank of Jackson Hole Trust acquired a new position in shares of Trimble during the fourth quarter worth $27,000. 93.21% of the stock is owned by institutional investors and hedge funds.

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.