Vestmark Advisory Solutions Inc. Boosts Stake in Trimble Inc. $TRMB

Vestmark Advisory Solutions Inc. grew its holdings in shares of Trimble Inc. (NASDAQ:TRMB) by 515.4% in the 3rd quarter, according to the company in its most recent 13F filing with the Securities and Exchange Commission. The fund owned 48,915 shares of the scientific and technical instruments company’s stock after buying an additional 40,966 shares during the quarter. Vestmark Advisory Solutions Inc.’s holdings in Trimble were worth $3,994,000 as of its most recent SEC filing.

Several other institutional investors and hedge funds have also recently bought and sold shares of the company. Vanguard Group Inc. increased its position in Trimble by 0.6% in the third quarter. Vanguard Group Inc. now owns 30,265,817 shares of the scientific and technical instruments company’s stock worth $2,471,204,000 after buying an additional 192,288 shares during the period. State Street Corp grew its position in Trimble by 2.6% in the second quarter. State Street Corp now owns 10,908,124 shares of the scientific and technical instruments company’s stock worth $828,799,000 after buying an additional 273,320 shares during the last quarter. Generation Investment Management LLP lifted its holdings in shares of Trimble by 19.1% during the second quarter. Generation Investment Management LLP now owns 9,019,663 shares of the scientific and technical instruments company’s stock valued at $685,314,000 after purchasing an additional 1,449,315 shares during the last quarter. Boston Partners increased its position in shares of Trimble by 14.4% in the second quarter. Boston Partners now owns 4,170,179 shares of the scientific and technical instruments company’s stock worth $318,285,000 after acquiring an additional 525,214 shares in the last quarter. Finally, Invesco Ltd. lifted its holdings in shares of Trimble by 6.5% in the second quarter. Invesco Ltd. now owns 4,089,301 shares of the scientific and technical instruments company’s stock valued at $310,705,000 after purchasing an additional 248,751 shares in the last quarter. Institutional investors and hedge funds own 93.21% of the company’s stock.

Wall Street Analyst Weigh In

Several research firms have weighed in on TRMB. Wells Fargo & Company dropped their price objective on shares of Trimble from $94.00 to $79.00 and set an “overweight” rating on the stock in a research note on Thursday, February 12th. Sanford C. Bernstein reissued an “outperform” rating on shares of Trimble in a research report on Wednesday, February 11th. Oppenheimer reiterated an “outperform” rating and set a $86.00 price target on shares of Trimble in a report on Tuesday, February 10th. KeyCorp upgraded Trimble from a “sector weight” rating to an “overweight” rating and set a $99.00 price objective on the stock in a report on Monday, December 15th. Finally, Weiss Ratings reiterated a “hold (c)” rating on shares of Trimble in a research note on Wednesday, January 21st. One equities research analyst has rated the stock with a Strong Buy rating, nine have given a Buy rating and one has given a Hold rating to the stock. According to MarketBeat.com, Trimble presently has a consensus rating of “Buy” and an average price target of $93.50.

Insider Activity at Trimble

In related news, CEO Robert G. Painter sold 7,500 shares of the company’s stock in a transaction on Tuesday, December 9th. The shares were sold at an average price of $81.39, for a total transaction of $610,425.00. Following the completion of the transaction, the chief executive officer directly owned 41,897 shares in the company, valued at $3,409,996.83. This represents a 15.18% decrease in their position. The transaction was disclosed in a document filed with the Securities & Exchange Commission, which is available through this link. Also, Director James Calvin Dalton sold 616 shares of the business’s stock in a transaction dated Friday, November 28th. The stock was sold at an average price of $81.99, for a total transaction of $50,505.84. Following the transaction, the director owned 13,193 shares in the company, valued at approximately $1,081,694.07. The trade was a 4.46% decrease in their position. The SEC filing for this sale provides additional information. Insiders sold a total of 17,866 shares of company stock worth $1,448,543 in the last ninety days. 0.54% of the stock is currently owned by insiders.

Trimble Trading Down 3.3%

Shares of NASDAQ:TRMB opened at $65.42 on Tuesday. The company has a debt-to-equity ratio of 0.24, a quick ratio of 0.96 and a current ratio of 1.09. The stock’s 50-day moving average is $73.51 and its 200-day moving average is $77.96. The company has a market cap of $15.56 billion, a P/E ratio of 37.38, a P/E/G ratio of 2.26 and a beta of 1.59. Trimble Inc. has a 52-week low of $52.91 and a 52-week high of $87.50.

Trimble (NASDAQ:TRMB) last announced its earnings results on Tuesday, February 10th. The scientific and technical instruments company reported $1.00 earnings per share for the quarter, beating the consensus estimate of $0.96 by $0.04. The firm had revenue of $969.80 million during the quarter, compared to the consensus estimate of $949.97 million. Trimble had a return on equity of 11.18% and a net margin of 11.82%.The firm’s revenue for the quarter was down 1.4% compared to the same quarter last year. During the same quarter in the prior year, the company earned $0.89 EPS. Trimble has set its FY 2026 guidance at 3.420-3.620 EPS and its Q1 2026 guidance at 0.690-0.740 EPS. Equities research analysts predict that Trimble Inc. will post 2.37 earnings per share for the current year.

Trimble declared that its Board of Directors has initiated a share repurchase plan on Friday, December 5th that allows the company to repurchase $1.00 billion in shares. This repurchase authorization allows the scientific and technical instruments company to reacquire up to 5.1% of its stock through open market purchases. Stock repurchase plans are generally an indication that the company’s board believes its stock is undervalued.

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.