Trimble Inc. $TRMB Shares Acquired by Fulton Bank N.A.

Fulton Bank N.A. increased its holdings in Trimble Inc. (NASDAQ:TRMB) by 99.8% in the second quarter, Holdings Channel.com reports. The firm owned 20,063 shares of the scientific and technical instruments company’s stock after purchasing an additional 10,023 shares during the period. Fulton Bank N.A.’s holdings in Trimble were worth $1,027,000 at the end of the most recent quarter.

Several other institutional investors have also recently added to or reduced their stakes in TRMB. Rothschild Investment LLC lifted its position in 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 buying an additional 213 shares during the period. DV Equities LLC purchased a new stake in Trimble in the 4th quarter valued at about $26,000. Bank of Jackson Hole Trust purchased a new stake in Trimble in the 4th quarter valued at about $27,000. Quarry LP increased its stake in shares of Trimble by 175.8% during the 3rd quarter. Quarry LP now owns 364 shares of the scientific and technical instruments company’s stock valued at $30,000 after acquiring an additional 232 shares during the last quarter. Finally, BOKF NA lifted its holdings in shares of Trimble by 103.8% during the 4th quarter. BOKF NA now owns 426 shares of the scientific and technical instruments company’s stock worth $33,000 after acquiring an additional 217 shares during the period. 93.21% of the stock is currently owned by institutional investors and hedge funds.

Key Stories Impacting Trimble

Here are the key news stories impacting Trimble this week:

• Positive Sentiment: Trimble reported second-quarter revenue of $972 million, up 11% year over year and above the approximately $952 million consensus estimate. Adjusted EPS was $0.86, beating expectations of $0.80, while adjusted EBITDA reached $278 million, or 28.6% of revenue. Trimble Announces Second Quarter 2026 Results and Raises Full Year Guidance
• Positive Sentiment: Management raised full-year 2026 guidance to approximately $3.90 billion-$3.95 billion in revenue and $3.60-$3.70 in non-GAAP EPS, above the prior outlook and the roughly $3.47 analyst EPS consensus. Annualized recurring revenue reached a record $2.51 billion. Trimble Q2 2026 Earnings Call Transcript
• Positive Sentiment: The board approved a new $1 billion share-repurchase authorization, potentially supporting per-share results and signaling confidence in Trimble’s cash-generation outlook. Transportation revenue also rose 5%, with management citing early signs of stabilization in freight markets. Trimble sees freight green shoots as transportation revenue rises 5%
• Neutral Sentiment: Third-quarter guidance calls for $0.83-$0.88 in non-GAAP EPS and $953 million-$978 million in revenue. The EPS range is broadly around consensus, suggesting expectations for continued growth but limited near-term upside from the outlook alone.
• Negative Sentiment: Trimble recorded a $562 million goodwill impairment in its Transportation and Logistics segment, producing a GAAP net loss of approximately $471.7 million. Although the charge is non-cash, it raised concerns about the unit’s past performance and overshadowed the adjusted earnings beat. Trimble Slides as Transportation Unit Impairment Overshadows Strong Q2
• Negative Sentiment: Reported insider activity was exclusively selling over the past six months, while more institutions reduced positions than added shares in recent filings. These signals may have reinforced investor caution following the earnings release.

Trimble Stock Performance

NASDAQ TRMB opened at $56.35 on Thursday. The company has a debt-to-equity ratio of 0.25, a current ratio of 1.01 and a quick ratio of 0.88. Trimble Inc. has a 1-year low of $47.92 and a 1-year high of $84.54. The firm has a market capitalization of $13.14 billion, a P/E ratio of 29.66, a P/E/G ratio of 1.93 and a beta of 1.37. The business’s 50-day simple moving average is $53.27 and its 200-day simple moving average is $60.68.

Trimble (NASDAQ:TRMB) last posted its earnings results on Wednesday, August 12th. The scientific and technical instruments company reported $0.86 earnings per share (EPS) for the quarter, topping analysts’ consensus estimates of $0.80 by $0.06. Trimble had a net margin of 12.38% and a return on equity of 11.61%. The firm had revenue of $972.00 million during the quarter, compared to the consensus estimate of $952.09 million. During the same quarter in the prior year, the company earned $0.71 EPS. The company’s revenue was up 11.0% on a year-over-year basis. Trimble has set its Q3 2026 guidance at 0.830-0.880 EPS and its FY 2026 guidance at 3.600-3.700 EPS. Equities analysts predict that Trimble Inc. will post 3.01 EPS for the current year.

Insider Transactions at Trimble

In other news, Director Kaigham Gabriel sold 1,718 shares of the stock in a transaction on Tuesday, August 4th. The shares were sold at an average price of $60.00, for a total value of $103,080.00. Following the completion of the sale, the director owned 17,426 shares of the company’s stock, valued at $1,045,560. This represents a 8.97% decrease in their ownership of the stock. The transaction was disclosed in a legal filing with the Securities & Exchange Commission, which is available at this hyperlink. The transaction was executed under a pre-arranged Rule 10b5-1 trading plan. 0.59% of the stock is currently owned by corporate insiders.

Wall Street Analyst Weigh In

Several equities research analysts recently issued reports on the stock. Barclays decreased their target price on shares of Trimble from $103.00 to $79.00 and set an “overweight” rating on the stock in a research report on Friday, May 29th. Piper Sandler dropped their price target on shares of Trimble from $97.00 to $87.00 and set an “overweight” rating for the company in a research report on Wednesday, May 6th. Weiss Ratings downgraded shares of Trimble from a “hold (c)” rating to a “hold (c-)” rating in a research note on Thursday, June 4th. Oppenheimer reiterated an “outperform” rating and issued a $80.00 price target on shares of Trimble in a report on Tuesday, July 7th. Finally, JPMorgan Chase & Co. lowered their price objective on shares of Trimble from $88.00 to $75.00 and set an “overweight” rating for the company in a research note on Monday, July 13th. Nine analysts have rated the stock with a Buy rating and three have issued a Hold rating to the stock. Based on data from MarketBeat, the stock presently has an average rating of “Moderate Buy” and an average price target of $82.62.

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.