Segall Bryant & Hamill LLC Cuts Stake in Trimble Inc. $TRMB

Segall Bryant & Hamill LLC cut its holdings in shares of Trimble Inc. (NASDAQ:TRMB) by 53.0% during the first quarter, according to the company in its most recent disclosure with the Securities and Exchange Commission. The institutional investor owned 116,180 shares of the scientific and technical instruments company’s stock after selling 130,752 shares during the period. Segall Bryant & Hamill LLC’s holdings in Trimble were worth $7,578,000 at the end of the most recent quarter.

Several other hedge funds and other institutional investors have also recently made changes to their positions in TRMB. Rothschild Investment LLC boosted its position in shares of Trimble by 193.6% in the 4th quarter. Rothschild Investment LLC now owns 323 shares of the scientific and technical instruments company’s stock worth $25,000 after purchasing an additional 213 shares in the last quarter. DV Equities LLC acquired a new position in Trimble during the 4th quarter valued at about $26,000. Toth Financial Advisory Corp acquired a new stake in Trimble in the fourth quarter worth about $27,000. Bank of Jackson Hole Trust acquired a new stake in Trimble in the fourth quarter worth about $27,000. Finally, Quarry LP grew its stake in shares of Trimble by 175.8% during the third quarter. Quarry LP now owns 364 shares of the scientific and technical instruments company’s stock worth $30,000 after acquiring an additional 232 shares during the last quarter. Hedge funds and other institutional investors own 93.21% of the company’s stock.

Wall Street Analyst Weigh In

TRMB has been the subject of several research analyst reports. Raymond James Financial lowered shares of Trimble from a “moderate buy” rating to a “hold” rating in a research report on Wednesday, July 22nd. Zacks Research downgraded shares of Trimble from a “strong-buy” rating to a “hold” rating in a research report on Monday, April 13th. Weiss Ratings lowered shares of Trimble from a “hold (c)” rating to a “hold (c-)” rating in a research note on Thursday, June 4th. Wells Fargo & Company decreased their price target on shares of Trimble from $70.00 to $61.00 and set an “overweight” rating for the company in a report on Tuesday, July 14th. Finally, JPMorgan Chase & Co. dropped their price objective on shares of Trimble from $88.00 to $75.00 and set an “overweight” rating on the stock in a report on Monday, July 13th. Nine analysts have rated the stock with a Buy rating and three have issued a Hold rating to the stock. Based on data from MarketBeat.com, Trimble currently has an average rating of “Moderate Buy” and an average price target of $83.78.

Trimble Price Performance

Shares of NASDAQ TRMB opened at $56.58 on Monday. Trimble Inc. has a 52 week low of $47.92 and a 52 week high of $87.50. The business’s 50 day moving average price is $52.94 and its 200 day moving average price is $61.60. The company has a quick ratio of 0.88, a current ratio of 1.01 and a debt-to-equity ratio of 0.25. The firm has a market cap of $13.19 billion, a P/E ratio of 29.78, a P/E/G ratio of 1.88 and a beta of 1.37.

Trimble (NASDAQ:TRMB) last posted its quarterly earnings results on Wednesday, May 6th. The scientific and technical instruments company reported $0.79 earnings per share (EPS) for the quarter, topping analysts’ consensus estimates of $0.72 by $0.07. The company had revenue of $939.90 million during the quarter, compared to analyst estimates of $905.60 million. Trimble had a net margin of 12.38% and a return on equity of 11.61%. Trimble’s revenue for the quarter was up 11.8% compared to the same quarter last year. During the same period last year, the firm posted $0.61 EPS. 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, sell-side analysts expect that Trimble Inc. will post 3.01 earnings per share for the current 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.