Trimble (NASDAQ:TRMB) Announces Earnings Results

Trimble (NASDAQ:TRMB) announced its quarterly earnings results on Tuesday. The scientific and technical instruments company reported $1.00 earnings per share (EPS) for the quarter, topping analysts’ consensus estimates of $0.96 by $0.04, Briefing.com reports. Trimble had a return on equity of 10.73% and a net margin of 9.93%.During the same quarter in the prior year, the business posted $0.89 earnings per share. Trimble’s revenue for the quarter was down 1.4% compared to the same quarter last year. Trimble updated its FY 2026 guidance to 3.420-3.620 EPS and its Q1 2026 guidance to 0.690-0.740 EPS.

Trimble Stock Up 1.2%

Trimble stock opened at $66.93 on Tuesday. Trimble has a fifty-two week low of $52.91 and a fifty-two week high of $87.50. The firm has a market capitalization of $15.92 billion, a price-to-earnings ratio of 45.84, a price-to-earnings-growth ratio of 2.31 and a beta of 1.59. The stock’s fifty day moving average is $76.59 and its two-hundred day moving average is $79.18. The company has a debt-to-equity ratio of 0.24, a quick ratio of 0.86 and a current ratio of 1.00.

Insider Buying and Selling

In other Trimble news, CFO Phillip Sawarynski sold 2,250 shares of the company’s stock in a transaction dated Tuesday, December 16th. The shares were sold at an average price of $80.45, for a total value of $181,012.50. Following the sale, the chief financial officer owned 25,684 shares of the company’s stock, valued at $2,066,277.80. This represents a 8.05% decrease in their ownership of the stock. The sale was disclosed in a document filed with the Securities & Exchange Commission, which is accessible through the SEC website. Also, CEO Robert G. Painter sold 7,500 shares of the stock in a transaction that occurred on Tuesday, January 13th. The shares were sold at an average price of $80.88, for a total transaction of $606,600.00. Following the completion of the sale, the chief executive officer owned 34,397 shares in the company, valued at $2,782,029.36. This represents a 17.90% decrease in their ownership of the stock. Additional details regarding this sale are available in the official SEC disclosure. Insiders have sold 17,866 shares of company stock worth $1,448,543 in the last three months. Corporate insiders own 0.54% of the company’s stock.

Institutional Investors Weigh In On Trimble

Hedge funds and other institutional investors have recently made changes to their positions in the business. Peapack Gladstone Financial Corp lifted its position in Trimble by 2.6% during the second quarter. Peapack Gladstone Financial Corp now owns 5,008 shares of the scientific and technical instruments company’s stock worth $381,000 after buying an additional 125 shares during the period. Fiduciary Trust Co boosted its position in shares of Trimble by 1.9% in the third quarter. Fiduciary Trust Co now owns 8,272 shares of the scientific and technical instruments company’s stock worth $675,000 after acquiring an additional 151 shares during the last quarter. Larson Financial Group LLC increased its position in Trimble by 11.1% during the third quarter. Larson Financial Group LLC now owns 1,547 shares of the scientific and technical instruments company’s stock worth $126,000 after purchasing an additional 155 shares during the last quarter. Geneos Wealth Management Inc. raised its stake in Trimble by 55.4% during the second quarter. Geneos Wealth Management Inc. now owns 474 shares of the scientific and technical instruments company’s stock worth $36,000 after purchasing an additional 169 shares during the period. Finally, Quarry LP boosted its holdings in shares of Trimble by 175.8% in 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 last quarter. Hedge funds and other institutional investors own 93.21% of the company’s stock.

Trimble announced that its board has authorized a stock buyback plan on Friday, December 5th that permits the company to repurchase $1.00 billion in outstanding shares. This repurchase authorization permits the scientific and technical instruments company to reacquire up to 5.1% of its shares through open market purchases. Shares repurchase plans are typically a sign that the company’s board believes its shares are undervalued.

Wall Street Analyst Weigh In

TRMB has been the topic of several recent research reports. Zacks Research cut Trimble from a “strong-buy” rating to a “hold” rating in a research report on Thursday, January 1st. Weiss Ratings reissued a “hold (c)” rating on shares of Trimble in a report on Wednesday, January 21st. Oppenheimer reissued an “outperform” rating and issued a $102.00 price objective on shares of Trimble in a research note on Thursday, November 6th. Barclays raised their target price on shares of Trimble from $100.00 to $101.00 and gave the stock an “overweight” rating in a research note on Monday, January 12th. Finally, KeyCorp upgraded Trimble from a “sector weight” rating to an “overweight” rating and set a $99.00 price objective for the company in a research report on Monday, December 15th. One investment analyst has rated the stock with a Strong Buy rating, eight have given a Buy rating and two have issued a Hold rating to the company’s stock. Based on data from MarketBeat, Trimble currently has a consensus rating of “Moderate Buy” and an average price target of $96.78.

About Trimble

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.