Trimble Inc. (NASDAQ:TRMB) Given Average Recommendation of “Moderate Buy” by Analysts

Trimble Inc. (NASDAQ:TRMB) has been assigned an average rating of “Moderate Buy” from the twelve research firms that are presently covering the company, MarketBeat reports. Two analysts have rated the stock with a hold recommendation and ten have issued a buy recommendation on the company. The average 12-month target price among brokerages that have updated their coverage on the stock in the last year is $92.7778.

A number of brokerages have issued reports on TRMB. Weiss Ratings reiterated a “hold (c)” rating on shares of Trimble in a research note on Wednesday, January 21st. Wells Fargo & Company cut their price target on Trimble from $94.00 to $79.00 and set an “overweight” rating for the company in a research note on Thursday, February 12th. Robert W. Baird cut their price target on Trimble from $90.00 to $85.00 and set an “outperform” rating for the company in a research note on Monday, March 30th. Wall Street Zen lowered Trimble from a “buy” rating to a “hold” rating in a research note on Saturday, April 4th. Finally, Zacks Research lowered Trimble from a “strong-buy” rating to a “hold” rating in a research note on Monday, April 13th.

Insiders Place Their Bets

In other Trimble news, VP Mark David Schwartz sold 16,725 shares of the stock in a transaction on Thursday, April 16th. The stock was sold at an average price of $67.01, for a total value of $1,120,742.25. Following the completion of the sale, the vice president owned 19,668 shares in the company, valued at approximately $1,317,952.68. This represents a 45.96% decrease in their position. The sale was disclosed in a filing with the SEC, which is accessible through the SEC website. 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 stock in a transaction on Tuesday, April 14th. The stock was sold at an average price of $66.94, for a total value of $502,050.00. Following the completion of the sale, the chief executive officer owned 11,897 shares of the company’s stock, valued at $796,385.18. The trade was a 38.67% decrease in their position. The disclosure for this sale is available in the SEC filing. 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. Insiders sold a total of 31,725 shares of company stock valued at $2,151,167 in the last quarter. 0.59% of the stock is currently owned by company insiders.

Institutional Inflows and Outflows

Several hedge funds and other institutional investors have recently made changes to their positions in TRMB. Brighton Jones LLC bought a new position in shares of Trimble during the 4th quarter valued at about $211,000. Empowered Funds LLC boosted its holdings in shares of Trimble by 9.5% during the 1st quarter. Empowered Funds LLC now owns 7,023 shares of the scientific and technical instruments company’s stock valued at $461,000 after purchasing an additional 607 shares during the last quarter. Woodline Partners LP boosted its holdings in shares of Trimble by 41.6% during the 1st quarter. Woodline Partners LP now owns 20,766 shares of the scientific and technical instruments company’s stock valued at $1,363,000 after purchasing an additional 6,100 shares during the last quarter. Sivia Capital Partners LLC bought a new position in shares of Trimble during the 2nd quarter valued at about $208,000. Finally, Marshall Wace LLP boosted its holdings in shares of Trimble by 31.8% during the 2nd quarter. Marshall Wace LLP now owns 113,500 shares of the scientific and technical instruments company’s stock valued at $8,624,000 after purchasing an additional 27,374 shares during the last quarter. Institutional investors own 93.21% of the company’s stock.

Trimble Trading Down 0.2%

Shares of TRMB stock opened at $68.37 on Wednesday. Trimble has a 1 year low of $62.00 and a 1 year high of $87.50. The firm has a fifty day moving average price of $66.89 and a 200-day moving average price of $73.13. The company has a debt-to-equity ratio of 0.24, a current ratio of 1.09 and a quick ratio of 0.96. The company has a market cap of $15.87 billion, a price-to-earnings ratio of 39.07, a PEG ratio of 2.29 and a beta of 1.45.

Trimble (NASDAQ:TRMB) last issued its quarterly earnings data 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 quarter in the previous year, the firm posted $0.89 EPS. The company’s revenue for the quarter 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. As a group, equities analysts predict that Trimble will post 3 earnings per share for the current year.

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.