Trimble Inc. $TRMB Shares Sold by J. Safra Sarasin Holding AG

J. Safra Sarasin Holding AG decreased its holdings in shares of Trimble Inc. (NASDAQ:TRMB) by 15.3% in the fourth quarter, according to its most recent Form 13F filing with the Securities & Exchange Commission. The institutional investor owned 133,950 shares of the scientific and technical instruments company’s stock after selling 24,258 shares during the quarter. J. Safra Sarasin Holding AG owned about 0.06% of Trimble worth $10,495,000 as of its most recent SEC filing.

A number of other hedge funds have also modified their holdings of TRMB. Brighton Jones LLC purchased a new position in shares of Trimble in the fourth quarter worth about $211,000. Empowered Funds LLC grew its stake in Trimble by 9.5% during the 1st quarter. Empowered Funds LLC now owns 7,023 shares of the scientific and technical instruments company’s stock valued at $461,000 after acquiring an additional 607 shares in the last quarter. Woodline Partners LP grew its stake in Trimble by 41.6% during the 1st quarter. Woodline Partners LP now owns 20,766 shares of the scientific and technical instruments company’s stock valued at $1,363,000 after acquiring an additional 6,100 shares in the last quarter. Sivia Capital Partners LLC acquired a new stake in Trimble in the 2nd quarter valued at about $208,000. Finally, Cetera Investment Advisers lifted its stake in Trimble by 50.3% in the 2nd quarter. Cetera Investment Advisers now owns 23,590 shares of the scientific and technical instruments company’s stock worth $1,792,000 after purchasing an additional 7,896 shares in the last quarter. 93.21% of the stock is currently owned by institutional investors and hedge funds.

Trimble Trading Down 0.7%

TRMB opened at $62.54 on Tuesday. The stock has a market capitalization of $14.63 billion, a PE ratio of 35.74, a P/E/G ratio of 2.10 and a beta of 1.57. Trimble Inc. has a one year low of $52.91 and a one year high of $87.50. 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 business’s 50 day moving average price is $67.35 and its 200 day moving average price is $75.41.

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

Trimble declared that its board has authorized a share buyback program on Friday, December 5th that authorizes the company to buyback $1.00 billion in shares. This buyback authorization authorizes the scientific and technical instruments company to buy up to 5.1% of its shares through open market purchases. Shares buyback programs are generally a sign that the company’s board believes its stock is undervalued.

Analysts Set New Price Targets

Several equities research analysts recently commented on the company. Barclays increased their price target on Trimble from $101.00 to $103.00 and gave the company an “overweight” rating in a report on Friday, March 6th. Oppenheimer reaffirmed an “outperform” rating and issued a $86.00 target price on shares of Trimble in a research note on Tuesday, February 10th. Wells Fargo & Company reduced their price target on Trimble from $94.00 to $79.00 and set an “overweight” rating on the stock in a report on Thursday, February 12th. Robert W. Baird lowered their price target on shares of Trimble from $90.00 to $85.00 and set an “outperform” rating on the stock in a research report on Monday. Finally, KeyCorp raised shares of Trimble from a “sector weight” rating to an “overweight” rating and set a $99.00 price objective for the company in a report on Monday, December 15th. One analyst has rated the stock with a Strong Buy rating, ten have issued a Buy rating and one has given a Hold rating to the company. Based on data from MarketBeat.com, the company presently has a consensus rating of “Buy” and a consensus target price of $92.78.

Insider Transactions at Trimble

In other Trimble news, CEO Robert G. Painter sold 7,500 shares of the stock in a transaction dated Tuesday, March 10th. The shares were sold at an average price of $70.45, for a total transaction of $528,375.00. Following the completion of the transaction, the chief executive officer owned 19,397 shares of the company’s stock, valued at $1,366,518.65. This trade represents a 27.88% decrease in their ownership of the stock. The sale was disclosed in a filing with the SEC, which is available through the SEC website. Company insiders own 0.54% of the company’s stock.

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.