Sanctuary Advisors LLC Invests $1.01 Million in Trimble Inc. $TRMB

Sanctuary Advisors LLC purchased a new stake in shares of Trimble Inc. (NASDAQ:TRMB) during the second quarter, according to the company in its most recent 13F filing with the Securities and Exchange Commission. The fund purchased 19,658 shares of the scientific and technical instruments company’s stock, valued at approximately $1,006,000.

Several other institutional investors and hedge funds have also bought and sold shares of the business. Rothschild Investment LLC increased 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 buying an additional 213 shares during the period. DV Equities LLC bought a new stake in Trimble in the fourth quarter valued at $26,000. Bank of Jackson Hole Trust bought a new stake in Trimble in the fourth quarter valued at $27,000. Quarry LP increased its position in Trimble by 175.8% during the 3rd 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. Finally, BOKF NA raised its holdings in Trimble by 103.8% in the 4th quarter. BOKF NA now owns 426 shares of the scientific and technical instruments company’s stock worth $33,000 after purchasing an additional 217 shares in the last quarter. Hedge funds and other institutional investors own 93.21% of the company’s stock.

Insiders Place Their Bets

In other Trimble news, Director Kaigham Gabriel sold 1,718 shares of Trimble 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 transaction, the director owned 17,426 shares in the company, 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. 0.59% of the stock is currently owned by company insiders.

Trimble Price Performance

Shares of TRMB opened at $61.54 on Friday. The stock has a market cap of $14.35 billion, a PE ratio of -125.59, a price-to-earnings-growth ratio of 1.94 and a beta of 1.37. The company has a debt-to-equity ratio of 0.28, a quick ratio of 0.82 and a current ratio of 0.95. Trimble Inc. has a fifty-two week low of $47.92 and a fifty-two week high of $84.42. The firm’s 50-day simple moving average is $54.91 and its two-hundred day simple moving average is $59.99.

Trimble (NASDAQ:TRMB) last announced its earnings results on Wednesday, August 12th. The scientific and technical instruments company reported $0.86 earnings per share for the quarter, beating analysts’ consensus estimates of $0.80 by $0.06. Trimble had a negative net margin of 2.77% and a positive return on equity of 12.29%. The business had revenue of $972.00 million during the quarter, compared to the consensus estimate of $952.09 million. During the same quarter last year, the firm earned $0.71 earnings per share. The business’s revenue for the quarter was up 11.0% on a year-over-year basis. Trimble has set its Q3 2026 guidance at 0.830-0.880 EPS and its FY 2026 guidance at 3.600-3.700 EPS. Analysts anticipate that Trimble Inc. will post 3.08 earnings per share for the current fiscal year.

Analyst Upgrades and Downgrades

A number of brokerages have recently weighed in on TRMB. JPMorgan Chase & Co. lifted their target price on shares of Trimble from $75.00 to $76.00 and gave the company an “overweight” rating in a research note on Thursday, August 13th. Oppenheimer reiterated an “outperform” rating and set a $80.00 target price on shares of Trimble in a report on Tuesday, July 7th. Raymond James Financial lowered Trimble from a “moderate buy” rating to a “hold” rating in a research report on Wednesday, July 22nd. Weiss Ratings cut Trimble from a “hold (c-)” rating to a “sell (d)” rating in a research note on Thursday, August 13th. Finally, Wells Fargo & Company dropped their price target on Trimble from $70.00 to $61.00 and set an “overweight” rating on the stock in a research report on Tuesday, July 14th. Nine investment analysts have rated the stock with a Buy rating, two have assigned a Hold rating and one has issued a Sell rating to the stock. According to data from MarketBeat, Trimble currently has an average rating of “Moderate Buy” and a consensus target price 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.