Trimble Inc. (NASDAQ:TRMB) Receives Consensus Rating of “Moderate Buy” from Brokerages

Shares of Trimble Inc. (NASDAQ:TRMB) have received a consensus recommendation of “Moderate Buy” from the twelve analysts that are presently covering the stock, Marketbeat.com reports. One investment analyst has rated the stock with a sell rating, two have assigned a hold rating and nine have given a buy rating to the company. The average twelve-month target price among analysts that have issued a report on the stock in the last year is $81.7778.

A number of brokerages recently commented on TRMB. Oppenheimer reiterated an “outperform” rating and issued a $80.00 price target on shares of Trimble in a research note on Tuesday, July 7th. Sanford C. Bernstein decreased their target price on Trimble from $85.00 to $73.00 and set an “outperform” rating on the stock in a research report on Thursday, August 13th. Weiss Ratings cut Trimble from a “hold (c-)” rating to a “sell (d)” rating in a report on Thursday, August 13th. Raymond James Financial cut Trimble from a “moderate buy” rating to a “hold” rating in a research report on Wednesday, July 22nd. Finally, Wells Fargo & Company decreased their price target on shares of Trimble from $70.00 to $61.00 and set an “overweight” rating on the stock in a research note on Tuesday, July 14th.

Insiders Place Their Bets

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

Institutional Investors Weigh In On Trimble

Several institutional investors and hedge funds have recently bought and sold shares of TRMB. Rothschild Investment LLC grew its holdings in Trimble by 193.6% during the 4th quarter. Rothschild Investment LLC now owns 323 shares of the scientific and technical instruments company’s stock worth $25,000 after acquiring an additional 213 shares during the period. Frazier Financial Advisors LLC acquired a new stake in Trimble during the second quarter worth approximately $25,000. Vega Investment Solutions bought a new stake in Trimble in the second quarter worth approximately $29,000. BOKF NA lifted its stake in Trimble by 103.8% in the fourth quarter. BOKF NA now owns 426 shares of the scientific and technical instruments company’s stock valued at $33,000 after buying an additional 217 shares during the period. Finally, Global Retirement Partners LLC bought a new position in shares of Trimble during the 2nd quarter worth approximately $45,000. Institutional investors own 93.21% of the company’s stock.

Trimble Price Performance

Shares of NASDAQ TRMB opened at $58.74 on Tuesday. The company has a quick ratio of 0.82, a current ratio of 0.95 and a debt-to-equity ratio of 0.28. The business’s 50 day moving average price is $56.82 and its two-hundred day moving average price is $59.34. The company has a market cap of $13.70 billion, a PE ratio of -119.88, a price-to-earnings-growth ratio of 1.87 and a beta of 1.36. Trimble has a twelve month low of $47.92 and a twelve month high of $84.42.

Trimble (NASDAQ:TRMB) last posted its earnings results on Wednesday, August 12th. The scientific and technical instruments company reported $0.86 earnings per share for the quarter, topping 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 business had revenue of $972.00 million for the quarter, compared to analyst estimates of $952.09 million. During the same period in the previous year, the firm 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. On average, analysts predict that Trimble will post 3.08 EPS for the current year.

About Trimble

Trimble Inc develops technology solutions that help organizations connect the physical and digital worlds. Its portfolio combines positioning and navigation technologies, specialized hardware, software, and data services to support workflows in industries such as construction, geospatial, transportation, utilities, natural resources, and government.

The company’s products and services include surveying and mapping equipment, machine control and construction management software, 3D modeling and building information management tools, field and project collaboration platforms, and transportation and logistics solutions.