Trimble Inc. $TRMB Shares Acquired by Entropy Technologies LP

Entropy Technologies LP grew its position in shares of Trimble Inc. (NASDAQ:TRMB) by 2,110.5% during the 1st quarter, according to the company in its most recent disclosure with the SEC. The fund owned 58,092 shares of the scientific and technical instruments company’s stock after purchasing an additional 55,464 shares during the quarter. Entropy Technologies LP’s holdings in Trimble were worth $3,789,000 as of its most recent filing with the SEC.

A number of other hedge funds and other institutional investors have also made changes to their positions in the company. Peapack Gladstone Financial Corp grew its stake in Trimble by 2.6% during the 2nd 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 last quarter. Pallas Capital Advisors LLC lifted its stake in Trimble by 1.3% in the fourth quarter. Pallas Capital Advisors LLC now owns 11,941 shares of the scientific and technical instruments company’s stock valued at $936,000 after buying an additional 151 shares during the last quarter. Fiduciary Trust Co lifted its stake in 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 valued at $675,000 after buying an additional 151 shares during the last quarter. Larson Financial Group LLC boosted its holdings in shares of Trimble by 11.1% in the third quarter. Larson Financial Group LLC now owns 1,547 shares of the scientific and technical instruments company’s stock valued at $126,000 after acquiring an additional 155 shares during the period. Finally, Sumitomo Life Insurance Co. boosted its holdings in shares of Trimble by 0.4% in the fourth quarter. Sumitomo Life Insurance Co. now owns 39,540 shares of the scientific and technical instruments company’s stock valued at $3,098,000 after acquiring an additional 169 shares during the period. Institutional investors and hedge funds own 93.21% of the company’s stock.

Analyst Ratings Changes

Several brokerages have issued reports on TRMB. JPMorgan Chase & Co. lowered their price objective on shares of Trimble from $88.00 to $75.00 and set an “overweight” rating on the stock in a research report on Monday, July 13th. Piper Sandler decreased their target price on shares of Trimble from $97.00 to $87.00 and set an “overweight” rating for the company in a research note on Wednesday, May 6th. Oppenheimer reissued an “outperform” rating and set a $80.00 price target on shares of Trimble in a report on Tuesday, July 7th. Weiss Ratings cut Trimble from a “hold (c)” rating to a “hold (c-)” rating in a research report on Thursday, June 4th. Finally, Wells Fargo & Company decreased their price objective on Trimble from $70.00 to $61.00 and set an “overweight” rating for the company in a research report on Tuesday, July 14th. Nine research analysts have rated the stock with a Buy rating and three have given a Hold rating to the company’s stock. According to data from MarketBeat.com, the stock presently has an average rating of “Moderate Buy” and an average target price of $83.78.

Trimble Stock Up 5.1%

TRMB stock opened at $52.91 on Friday. The company has a market cap of $12.33 billion, a P/E ratio of 27.85, a P/E/G ratio of 1.76 and a beta of 1.38. The company has a current ratio of 1.01, a quick ratio of 0.88 and a debt-to-equity ratio of 0.25. The company’s 50-day moving average price is $52.77 and its 200 day moving average price is $62.54. Trimble Inc. has a 52 week low of $47.92 and a 52 week high of $87.50.

Trimble (NASDAQ:TRMB) last posted its earnings results on Wednesday, May 6th. The scientific and technical instruments company reported $0.79 earnings per share for the quarter, beating the consensus estimate of $0.72 by $0.07. Trimble had a net margin of 12.38% and a return on equity of 11.61%. The firm had revenue of $939.90 million during the quarter, compared to the consensus estimate of $905.60 million. During the same period last year, the firm posted $0.61 EPS. The firm’s revenue for the quarter was up 11.8% on a year-over-year basis. Trimble has set its Q2 2026 guidance at 0.780-0.820 EPS and its FY 2026 guidance at 3.470-3.640 EPS. On average, research analysts expect that Trimble Inc. will post 3.01 earnings per share for the current fiscal year.

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.