Trimble Inc. $TRMB Shares Sold by Jackson Square Capital LLC

Jackson Square Capital LLC decreased its holdings in Trimble Inc. (NASDAQ:TRMB) by 15.0% in the fourth quarter, according to the company in its most recent filing with the Securities and Exchange Commission. The fund owned 56,404 shares of the scientific and technical instruments company’s stock after selling 9,982 shares during the period. Trimble makes up approximately 0.9% of Jackson Square Capital LLC’s investment portfolio, making the stock its 29th largest position. Jackson Square Capital LLC’s holdings in Trimble were worth $4,419,000 as of its most recent SEC filing.

Other hedge funds also recently bought and sold shares of the company. Salomon & Ludwin LLC acquired a new stake in Trimble in the 3rd quarter valued at about $25,000. Toth Financial Advisory Corp acquired a new stake in Trimble in the 4th quarter valued at about $27,000. Root Financial Partners LLC acquired a new stake in Trimble in the 3rd quarter valued at about $30,000. Hantz Financial Services Inc. raised its holdings in Trimble by 90.8% in the 3rd quarter. Hantz Financial Services Inc. now owns 372 shares of the scientific and technical instruments company’s stock valued at $30,000 after acquiring an additional 177 shares during the last quarter. Finally, Quarry LP raised its holdings in 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 acquiring an additional 232 shares during the last quarter. Institutional investors and hedge funds own 93.21% of the company’s stock.

Trimble Stock Performance

Trimble stock opened at $66.74 on Thursday. The firm has a 50 day simple moving average of $66.60 and a 200-day simple moving average of $74.67. Trimble Inc. has a 1-year low of $53.63 and a 1-year high of $87.50. The company has a debt-to-equity ratio of 0.24, a current ratio of 1.09 and a quick ratio of 0.96. The stock has a market cap of $15.61 billion, a price-to-earnings ratio of 38.14, a price-to-earnings-growth ratio of 2.17 and a beta of 1.53.

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

Wall Street Analysts Forecast Growth

Several analysts have recently weighed in on TRMB shares. Robert W. Baird dropped their price target on shares of Trimble from $90.00 to $85.00 and set an “outperform” rating for the company in a research note on Monday, March 30th. KeyCorp raised shares of Trimble from a “sector weight” rating to an “overweight” rating and set a $99.00 price target for the company in a research note on Monday, December 15th. Barclays increased their price target on shares of Trimble from $101.00 to $103.00 and gave the company an “overweight” rating in a research note on Friday, March 6th. Wall Street Zen cut shares of Trimble from a “buy” rating to a “hold” rating in a research note on Saturday, April 4th. Finally, Weiss Ratings reissued a “hold (c)” rating on shares of Trimble in a research note on Wednesday, January 21st. One equities research analyst has rated the stock with a Strong Buy rating, ten have given a Buy rating and one has assigned a Hold rating to the stock. According to data from MarketBeat.com, the company has an average rating of “Buy” and a consensus price target of $92.78.

Insider Buying and Selling at Trimble

In related news, CEO Robert G. Painter sold 7,500 shares of the stock in a transaction that occurred on 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 approximately $1,366,518.65. This trade represents a 27.88% decrease in their position. The transaction was disclosed in a document filed with the SEC, which is accessible through this hyperlink. 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.