Danica Pension Livsforsikringsaktieselskab Sells 324,325 Shares of Trimble Inc. $TRMB

Danica Pension Livsforsikringsaktieselskab trimmed its stake in Trimble Inc. (NASDAQ:TRMB) by 46.7% in the first quarter, according to its most recent Form 13F filing with the Securities & Exchange Commission. The firm owned 370,675 shares of the scientific and technical instruments company’s stock after selling 324,325 shares during the period. Danica Pension Livsforsikringsaktieselskab owned about 0.16% of Trimble worth $24,179,000 at the end of the most recent reporting period.

Several other large investors have also bought and sold shares of the stock. Vanguard Group Inc. grew its position in shares of 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 valued at $2,395,181,000 after buying an additional 304,461 shares during the last quarter. State Street Corp raised its position in shares of Trimble by 0.4% during 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 acquiring an additional 43,285 shares during the last quarter. Geode Capital Management LLC lifted its stake in shares of Trimble by 0.9% in the fourth quarter. Geode Capital Management LLC now owns 6,309,075 shares of the scientific and technical instruments company’s stock worth $492,426,000 after acquiring an additional 55,073 shares during the period. Wellington Management Group LLP boosted its holdings in Trimble by 126.0% in 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 acquiring an additional 3,455,949 shares during the last quarter. Finally, Massachusetts Financial Services Co. MA boosted its holdings in Trimble by 19.1% in the fourth quarter. Massachusetts Financial Services Co. MA now owns 4,217,742 shares of the scientific and technical instruments company’s stock valued at $330,460,000 after acquiring an additional 675,134 shares during the last quarter. 93.21% of the stock is owned by institutional investors.

Analyst Upgrades and Downgrades

A number of analysts have weighed in on TRMB shares. Robert W. Baird decreased their target price on shares of Trimble from $90.00 to $85.00 and set an “outperform” rating for the company in a research report on Monday, March 30th. Piper Sandler dropped their price target on shares of Trimble from $97.00 to $87.00 and set an “overweight” rating on the stock in a research report on Wednesday, May 6th. Zacks Research lowered shares of Trimble from a “strong-buy” rating to a “hold” rating in a research note on Monday, April 13th. Wells Fargo & Company decreased their price objective on shares of Trimble from $70.00 to $61.00 and set an “overweight” rating for the company in a research report on Tuesday, July 14th. Finally, Wall Street Zen raised shares of Trimble from a “hold” rating to a “buy” rating in a research note on Saturday, May 9th. Ten analysts have rated the stock with a Buy rating and two have given a Hold rating to the company. Based on data from MarketBeat, the company presently has an average rating of “Moderate Buy” and an average price target of $83.78.

Trimble Stock Down 2.6%

Shares of Trimble stock opened at $51.85 on Wednesday. The stock’s 50-day moving average is $53.02 and its 200 day moving average is $63.00. Trimble Inc. has a one year low of $47.92 and a one year high of $87.50. The firm has a market cap of $12.09 billion, a price-to-earnings ratio of 27.29, a PEG ratio of 1.77 and a beta of 1.38. 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 (NASDAQ:TRMB) last issued its earnings results on Wednesday, May 6th. The scientific and technical instruments company reported $0.79 earnings per share for the quarter, topping analysts’ consensus estimates of $0.72 by $0.07. The business had revenue of $939.90 million during the quarter, compared to the consensus estimate of $905.60 million. Trimble had a return on equity of 11.61% and a net margin of 12.38%.The firm’s revenue for the quarter was up 11.8% on a year-over-year basis. During the same period in the previous year, the company posted $0.61 earnings per share. Trimble has set its Q2 2026 guidance at 0.780-0.820 EPS and its FY 2026 guidance at 3.470-3.640 EPS. Equities research analysts anticipate that Trimble Inc. will post 3 EPS for the current year.

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.