Generation Investment Management LLP Makes New Investment in Trimble Inc. $TRMB

Generation Investment Management LLP acquired a new stake in shares of Trimble Inc. (NASDAQ:TRMB) in the second quarter, according to the company in its most recent 13F filing with the Securities and Exchange Commission (SEC). The firm acquired 7,190,197 shares of the scientific and technical instruments company’s stock, valued at approximately $367,994,000. Trimble makes up 3.6% of Generation Investment Management LLP’s investment portfolio, making the stock its 9th largest holding. Generation Investment Management LLP owned approximately 3.08% of Trimble at the end of the most recent reporting period.

Several other large investors have also recently made changes to their positions in the company. Vanguard Group Inc. increased its stake in Trimble by 1.0% in the 4th quarter. Vanguard Group Inc. now owns 30,570,278 shares of the scientific and technical instruments company’s stock worth $2,395,181,000 after acquiring an additional 304,461 shares during the last quarter. BlackRock Inc. bought a new position in shares of Trimble during the 2nd quarter valued at approximately $1,096,304,000. State Street Corp increased its position in Trimble by 0.4% in the third quarter. State Street Corp now owns 10,951,409 shares of the scientific and technical instruments company’s stock worth $894,183,000 after purchasing an additional 43,285 shares during the last quarter. Geode Capital Management LLC raised its stake in Trimble by 0.9% during the fourth quarter. Geode Capital Management LLC now owns 6,309,075 shares of the scientific and technical instruments company’s stock valued at $492,426,000 after purchasing an additional 55,073 shares in the last quarter. Finally, Wellington Management Group LLP lifted its position in Trimble by 126.0% during the fourth quarter. Wellington Management Group LLP now owns 6,199,706 shares of the scientific and technical instruments company’s stock valued at $485,747,000 after purchasing an additional 3,455,949 shares during the last quarter. 93.21% of the stock is owned by institutional investors.

Trimble Stock Performance

Trimble stock opened at $59.25 on Thursday. The company has a debt-to-equity ratio of 0.28, a current ratio of 0.95 and a quick ratio of 0.82. The firm has a market capitalization of $13.82 billion, a P/E ratio of -120.92, a price-to-earnings-growth ratio of 1.89 and a beta of 1.37. Trimble Inc. has a 1-year low of $47.92 and a 1-year high of $84.42. The company’s 50-day moving average is $53.67 and its 200 day moving average is $60.23.

Trimble (NASDAQ:TRMB) last released its earnings results on Wednesday, August 12th. The scientific and technical instruments company reported $0.86 EPS for the quarter, beating analysts’ consensus estimates of $0.80 by $0.06. Trimble had a positive return on equity of 12.29% and a negative net margin of 2.77%.The firm had revenue of $972.00 million for the quarter, compared to analysts’ expectations of $952.09 million. During the same quarter in the prior year, the firm posted $0.71 earnings per share. The company’s quarterly 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. Research analysts forecast that Trimble Inc. will post 3.01 EPS for the current year.

Analyst Ratings Changes

A number of brokerages have commented on TRMB. Raymond James Financial cut shares of Trimble from a “moderate buy” rating to a “hold” rating in a research note on Wednesday, July 22nd. Weiss Ratings downgraded shares of Trimble from a “hold (c-)” rating to a “sell (d)” rating in a report on Thursday, August 13th. Wells Fargo & Company decreased their price objective on Trimble from $70.00 to $61.00 and set an “overweight” rating on the stock in a research report on Tuesday, July 14th. Piper Sandler reiterated an “overweight” rating and issued a $87.00 target price on shares of Trimble in a report on Thursday, August 13th. Finally, Oppenheimer reissued an “outperform” rating and set a $80.00 target price on shares of Trimble in a research report on Tuesday, July 7th. Nine equities research analysts have rated the stock with a Buy rating, two have given a Hold rating and one has given a Sell rating to the stock. Based on data from MarketBeat.com, the company has an average rating of “Moderate Buy” and a consensus target price of $81.78.

Insider Buying and Selling

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

Trimble 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.