Deutsche Bank AG Buys Shares of 1,644,142 Trimble Inc. $TRMB

Deutsche Bank AG acquired a new stake in shares of Trimble Inc. (NASDAQ:TRMB) during the 2nd quarter, according to the company in its most recent Form 13F filing with the SEC. The firm acquired 1,644,142 shares of the scientific and technical instruments company’s stock, valued at approximately $84,147,000.

A number of other hedge funds and other institutional investors have also bought and sold shares of TRMB. Rothschild Investment LLC boosted its stake in shares of Trimble by 193.6% during the fourth quarter. Rothschild Investment LLC now owns 323 shares of the scientific and technical instruments company’s stock valued at $25,000 after purchasing an additional 213 shares in the last quarter. DV Equities LLC acquired a new position in shares of Trimble in the fourth quarter valued at approximately $26,000. Bank of Jackson Hole Trust acquired a new position in shares of Trimble in the fourth quarter valued at approximately $27,000. Quarry LP raised its holdings in Trimble by 175.8% in the 3rd quarter. Quarry LP now owns 364 shares of the scientific and technical instruments company’s stock valued at $30,000 after buying an additional 232 shares during the last quarter. Finally, BOKF NA boosted its position in 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 buying an additional 217 shares during the period. Institutional investors own 93.21% of the company’s stock.

Trimble Stock Performance

Shares of Trimble stock opened at $59.68 on Friday. The business has a 50-day moving average price of $53.87 and a two-hundred day moving average price of $60.17. Trimble Inc. has a 1-year low of $47.92 and a 1-year high of $84.42. The company has a current ratio of 0.95, a quick ratio of 0.82 and a debt-to-equity ratio of 0.28. The company has a market cap of $13.92 billion, a P/E ratio of -121.79, a PEG ratio of 1.97 and a beta of 1.37.

Trimble (NASDAQ:TRMB) last announced its quarterly earnings data on Wednesday, August 12th. The scientific and technical instruments company reported $0.86 earnings per share (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 company had revenue of $972.00 million for the quarter, compared to the consensus estimate of $952.09 million. During the same period in the previous year, the business earned $0.71 EPS. The firm’s revenue was up 11.0% compared to the same quarter last year. Trimble has set its Q3 2026 guidance at 0.830-0.880 EPS and its FY 2026 guidance at 3.600-3.700 EPS. As a group, analysts anticipate that Trimble Inc. will post 3.01 EPS for the current year.

Insider Transactions at Trimble

In other Trimble news, Director Kaigham Gabriel sold 1,718 shares of the business’s stock in a transaction that occurred 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 directly owned 17,426 shares of the company’s stock, valued at approximately $1,045,560. The trade was a 8.97% decrease in their ownership of the stock. The sale was disclosed in a filing with the Securities & Exchange Commission, which can be accessed through this hyperlink. The transaction was executed under a pre-arranged Rule 10b5-1 trading plan. Company insiders own 0.59% of the company’s stock.

Analyst Upgrades and Downgrades

TRMB has been the topic of a number of research reports. Raymond James Financial lowered shares of Trimble from a “moderate buy” rating to a “hold” rating in a report on Wednesday, July 22nd. Piper Sandler reaffirmed an “overweight” rating and set a $87.00 price target on shares of Trimble in a research note on Thursday, August 13th. Wells Fargo & Company cut their price target on shares of Trimble from $70.00 to $61.00 and set an “overweight” rating on the stock in a report on Tuesday, July 14th. Barclays boosted their price objective on shares of Trimble from $79.00 to $80.00 and gave the stock an “overweight” rating in a research note on Wednesday. Finally, Weiss Ratings lowered Trimble from a “hold (c-)” rating to a “sell (d)” rating in a research report on Thursday, August 13th. Nine analysts have rated the stock with a Buy rating, two have given a Hold rating and one has given a Sell rating to the company. According to data from MarketBeat.com, Trimble presently has a consensus rating of “Moderate Buy” and an average target price of $81.78.

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.