Trimble Inc. $TRMB Shares Sold by Truist Financial Corp

Truist Financial Corp decreased its stake in shares of Trimble Inc. (NASDAQ:TRMB) by 13.6% during the fourth quarter, according to its most recent 13F filing with the Securities and Exchange Commission. The institutional investor owned 60,790 shares of the scientific and technical instruments company’s stock after selling 9,542 shares during the quarter. Truist Financial Corp’s holdings in Trimble were worth $4,763,000 at the end of the most recent reporting period.

Other hedge funds have also bought and sold shares of the company. Brighton Jones LLC acquired a new position in shares of Trimble in the 4th quarter valued at $211,000. Empowered Funds LLC increased its position in shares of Trimble by 9.5% in 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 acquiring an additional 607 shares during the period. Woodline Partners LP increased its position in shares of Trimble by 41.6% in 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 acquiring an additional 6,100 shares during the period. Sivia Capital Partners LLC acquired a new position in shares of Trimble in the 2nd quarter valued at $208,000. Finally, Marshall Wace LLP increased its position in shares of Trimble by 31.8% in 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 acquiring an additional 27,374 shares during the period. Institutional investors and hedge funds own 93.21% of the company’s stock.

Trimble Trading Up 0.0%

TRMB stock opened at $60.81 on Monday. The company’s 50-day simple moving average is $66.75 and its 200-day simple moving average is $72.92. The company has a quick ratio of 0.88, a current ratio of 1.01 and a debt-to-equity ratio of 0.25. Trimble Inc. has a 52-week low of $59.85 and a 52-week high of $87.50. The firm has a market cap of $14.17 billion, a P/E ratio of 32.00, a PEG ratio of 2.03 and a beta of 1.45.

Trimble (NASDAQ:TRMB) last posted its earnings results on Wednesday, May 6th. The scientific and technical instruments company reported $0.79 earnings per share (EPS) for the quarter, topping the consensus estimate of $0.72 by $0.07. Trimble had a net margin of 12.38% and a return on equity of 11.61%. The business had revenue of $939.90 million for the quarter, compared to analyst estimates of $905.60 million. During the same period in the prior year, the company posted $0.61 EPS. The company’s revenue for the quarter was up 11.8% on a year-over-year basis. Trimble has set its Q2 2026 guidance at 0.780-0.820 EPS and its FY 2026 guidance at 3.470-3.640 EPS. As a group, equities analysts forecast that Trimble Inc. will post 3 EPS for the current fiscal year.

Key Headlines Impacting Trimble

Here are the key news stories impacting Trimble this week:

• Positive Sentiment: Trimble beat Q1 fiscal 2026 expectations, with revenue of $939.9 million and adjusted EPS of $0.79, while recurring revenue strength pushed annual recurring revenue to $2.43 billion and supported a guidance raise for 2026. Article Title
• Positive Sentiment: Management’s updated outlook signals continued growth, with higher full-year expectations and improving margins, which investors often view as a sign of durable demand and better earnings quality. Article Title
• Neutral Sentiment: Several analysts remain constructive, with firms including Wells Fargo, Oppenheimer, and Piper Sandler maintaining positive ratings despite trimming price targets after the report. Article Title
• Neutral Sentiment: Trimble was also described as underperforming peers in one market recap, suggesting the stock’s move may reflect a broader post-earnings reassessment rather than a company-specific operational problem. Article Title
• Negative Sentiment: Despite the strong quarter, analysts lowered price targets on TRMB, including Wells Fargo, Oppenheimer, and Piper Sandler, which can weigh on sentiment and limit upside expectations. Article Title

Insider Activity

In related news, VP Mark David Schwartz sold 16,725 shares of the firm’s stock in a transaction dated Thursday, April 16th. The shares were sold at an average price of $67.01, for a total value 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. This trade represents a 45.96% decrease in their position. The sale was disclosed in a filing with the SEC, which can be accessed 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 firm’s stock in a transaction dated Tuesday, April 14th. The shares were sold at an average price of $66.94, for a total transaction of $502,050.00. Following the completion of the transaction, the chief executive officer directly owned 11,897 shares in the company, valued at $796,385.18. This represents 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 0.59% of the company’s stock.

Analyst Upgrades and Downgrades

TRMB has been the topic of several research reports. Sanford C. Bernstein reissued an “outperform” rating on shares of Trimble in a research report on Wednesday, February 11th. Robert W. Baird cut their target price on Trimble from $90.00 to $85.00 and set an “outperform” rating on the stock in a research report on Monday, March 30th. Wells Fargo & Company cut their target price on Trimble from $79.00 to $70.00 and set an “overweight” rating on the stock in a research report on Thursday. Oppenheimer cut their target price on Trimble from $86.00 to $80.00 and set an “outperform” rating on the stock in a research report on Thursday. Finally, Zacks Research downgraded Trimble from a “strong-buy” rating to a “hold” rating in a research report on Monday, April 13th. Ten research analysts have rated the stock with a Buy rating and two have assigned a Hold rating to the stock. According to MarketBeat.com, Trimble has an average rating of “Moderate Buy” and an average price target of $90.00.

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.