Commerce Bank Acquires Shares of 13,629 Trimble Inc. $TRMB

Commerce Bank purchased a new position in shares of Trimble Inc. (NASDAQ:TRMB) during the 2nd quarter, according to the company in its most recent disclosure with the Securities and Exchange Commission. The fund purchased 13,629 shares of the scientific and technical instruments company’s stock, valued at approximately $698,000.

Other institutional investors and hedge funds also recently made changes to their positions in the company. Rothschild Investment LLC raised its stake in shares of Trimble by 193.6% in the 4th 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. Frazier Financial Advisors LLC bought a new position in shares of Trimble during the second quarter valued at approximately $25,000. DV Equities LLC acquired a new stake in Trimble in the fourth quarter worth $26,000. Bank of Jackson Hole Trust acquired a new stake in shares of Trimble in the 4th quarter worth about $27,000. Finally, Quarry LP increased its stake in shares of Trimble by 175.8% in the third quarter. Quarry LP now owns 364 shares of the scientific and technical instruments company’s stock valued at $30,000 after purchasing an additional 232 shares during the period. 93.21% of the stock is currently owned by hedge funds and other institutional investors.

Insiders Place Their Bets

In related news, Director Kaigham Gabriel sold 1,718 shares of the firm’s 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 completion of the sale, the director directly owned 17,426 shares of the company’s stock, valued at $1,045,560. This trade represents a 8.97% decrease in their position. The transaction was disclosed in a document filed with the SEC, which is available at 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.

Trimble Stock Up 0.4%

Trimble stock opened at $59.68 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 fifty day moving average price of $54.66 and a two-hundred day moving average price of $60.02. The firm has a market cap of $13.92 billion, a price-to-earnings ratio of -121.79, a P/E/G ratio of 1.93 and a beta of 1.37. Trimble Inc. has a fifty-two week low of $47.92 and a fifty-two week high of $84.42.

Trimble (NASDAQ:TRMB) last issued 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. The company had revenue of $972.00 million during the quarter, compared to analysts’ expectations of $952.09 million. Trimble had a positive return on equity of 12.29% and a negative net margin of 2.77%.The business’s revenue was up 11.0% on a year-over-year basis. During the same period last year, the business earned $0.71 earnings per share. 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 forecast that Trimble Inc. will post 3.08 earnings per share for the current year.

Analyst Ratings Changes

Several research firms have recently issued reports on TRMB. Wall Street Zen raised Trimble from a “hold” rating to a “buy” rating in a research note on Sunday. Weiss Ratings cut shares of Trimble from a “hold (c-)” rating to a “sell (d)” rating in a research note on Thursday, August 13th. Wells Fargo & Company reduced their price objective on Trimble from $70.00 to $61.00 and set an “overweight” rating for the company in a research note on Tuesday, July 14th. Barclays raised their target price on shares of Trimble from $79.00 to $80.00 and gave the stock an “overweight” rating in a report on Wednesday, August 19th. Finally, Raymond James Financial lowered Trimble from a “moderate buy” rating to a “hold” rating in a report on Wednesday, July 22nd. Nine investment analysts have rated the stock with a Buy rating, two have issued a Hold rating and one has issued a Sell rating to the stock. Based on data from MarketBeat, the company has a consensus rating of “Moderate Buy” and a consensus price target of $81.78.

Trimble Company 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.