Swedbank AB Acquires 45,665 Shares of Trimble Inc. $TRMB

Swedbank AB increased its holdings in Trimble Inc. (NASDAQ:TRMB) by 9.0% in the 1st quarter, HoldingsChannel.com reports. The firm owned 553,845 shares of the scientific and technical instruments company’s stock after buying an additional 45,665 shares during the quarter. Swedbank AB’s holdings in Trimble were worth $36,127,000 at the end of the most recent reporting period.

Other institutional investors also recently added to or reduced their stakes in the company. ArrowMark Colorado Holdings LLC boosted its stake in Trimble by 2.8% in the 3rd quarter. ArrowMark Colorado Holdings LLC now owns 1,550,758 shares of the scientific and technical instruments company’s stock valued at $126,619,000 after buying an additional 42,929 shares in the last quarter. Danica Pension Livsforsikringsaktieselskab bought a new position in shares of Trimble during the third quarter valued at $56,747,000. ABN Amro Investment Solutions lifted its holdings in shares of Trimble by 90.8% during the fourth quarter. ABN Amro Investment Solutions now owns 60,512 shares of the scientific and technical instruments company’s stock valued at $4,741,000 after acquiring an additional 28,791 shares during the period. Sivia Capital Partners LLC acquired a new stake in shares of Trimble in the 2nd quarter valued at $208,000. Finally, SG Americas Securities LLC boosted its stake in shares of Trimble by 164.8% in the 4th quarter. SG Americas Securities LLC now owns 254,339 shares of the scientific and technical instruments company’s stock valued at $19,927,000 after purchasing an additional 158,287 shares in the last quarter. 93.21% of the stock is owned by institutional investors and hedge funds.

Wall Street Analyst Weigh In

A number of equities research analysts recently issued reports on the stock. Wells Fargo & Company dropped their target price on shares of Trimble from $79.00 to $70.00 and set an “overweight” rating for the company in a research report on Thursday, May 7th. Zacks Research lowered shares of Trimble from a “strong-buy” rating to a “hold” rating in a research report on Monday, April 13th. Robert W. Baird dropped their price objective on shares of Trimble from $90.00 to $85.00 and set an “outperform” rating for the company in a report on Monday, March 30th. Oppenheimer reaffirmed an “outperform” rating and set a $80.00 price objective on shares of Trimble in a report on Tuesday. Finally, Wall Street Zen upgraded shares of Trimble from a “hold” rating to a “buy” rating in a research note on Saturday, May 9th. Ten equities research analysts have rated the stock with a Buy rating and two have given a Hold rating to the stock. Based on data from MarketBeat, the company has an average rating of “Moderate Buy” and an average target price of $87.33.

Insider Buying and Selling

In related news, CEO Robert G. Painter sold 7,500 shares of the firm’s stock in a transaction that occurred on Tuesday, April 14th. The shares were 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. This trade represents a 38.67% decrease in their ownership of the stock. The sale was disclosed in a document filed with the SEC, which is available at 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, VP Mark David Schwartz sold 16,725 shares of the business’s stock in a transaction that occurred on Thursday, April 16th. The stock was sold at an average price of $67.01, for a total transaction of $1,120,742.25. Following the completion of the transaction, the vice president owned 19,668 shares of the company’s stock, valued at $1,317,952.68. This trade represents a 45.96% 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. 0.59% of the stock is currently owned by corporate insiders.

Trimble Stock Performance

Shares of NASDAQ:TRMB opened at $52.40 on Thursday. The business has a fifty day moving average of $54.95 and a 200-day moving average of $64.75. The company has a debt-to-equity ratio of 0.25, a quick ratio of 0.88 and a current ratio of 1.01. Trimble Inc. has a twelve month low of $47.92 and a twelve month high of $87.50. The firm has a market cap of $12.21 billion, a PE ratio of 27.58, a price-to-earnings-growth ratio of 1.80 and a beta of 1.38.

Trimble (NASDAQ:TRMB) last issued its quarterly 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 the consensus estimate of $905.60 million. During the same quarter in the prior year, the company earned $0.61 EPS. The firm’s quarterly revenue 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. On average, equities research analysts predict that Trimble Inc. will post 2.99 EPS for the current fiscal year.

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.