Trimble (NASDAQ:TRMB) Updates FY 2026 Earnings Guidance

Trimble (NASDAQ:TRMB) updated its FY 2026 earnings guidance on Wednesday. The company provided earnings per share (EPS) guidance of 3.600-3.700 for the period, compared to the consensus estimate of 3.470. The company issued revenue guidance of $3.9 billion-$4.0 billion, compared to the consensus revenue estimate of $3.9 billion. Trimble also updated its Q3 2026 guidance to 0.830-0.880 EPS.

Trimble Trading Down 0.8%

NASDAQ TRMB opened at $57.98 on Wednesday. The firm’s 50 day moving average price is $53.26 and its two-hundred day moving average price is $60.78. The stock has a market cap of $13.52 billion, a price-to-earnings ratio of 30.52, a PEG ratio of 1.94 and a beta of 1.37. Trimble has a twelve month low of $47.92 and a twelve month high of $84.54. The company has a debt-to-equity ratio of 0.25, a quick ratio of 0.88 and a current ratio of 1.01.

Trimble (NASDAQ:TRMB) last issued its earnings results on Wednesday, August 12th. The scientific and technical instruments company reported $0.86 earnings per share for the quarter, beating analysts’ consensus estimates of $0.80 by $0.06. The company had revenue of $972.00 million for the quarter, compared to the consensus estimate of $952.09 million. Trimble had a return on equity of 11.61% and a net margin of 12.38%.Trimble has set its Q3 2026 guidance at 0.830-0.880 EPS and its FY 2026 guidance at 3.600-3.700 EPS. Equities analysts anticipate that Trimble will post 3.01 EPS for the current year.

Wall Street Analysts Forecast Growth

Several analysts recently issued reports on TRMB shares. Weiss Ratings downgraded shares of Trimble from a “hold (c)” rating to a “hold (c-)” rating in a report on Thursday, June 4th. Oppenheimer reaffirmed an “outperform” rating and issued a $80.00 price target on shares of Trimble in a research report on Tuesday, July 7th. Piper Sandler cut their price objective on Trimble from $97.00 to $87.00 and set an “overweight” rating for the company in a research report on Wednesday, May 6th. JPMorgan Chase & Co. lowered their target price on Trimble from $88.00 to $75.00 and set an “overweight” rating on the stock in a report on Monday, July 13th. Finally, Barclays dropped their price target on Trimble from $103.00 to $79.00 and set an “overweight” rating on the stock in a research report on Friday, May 29th. 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 MarketBeat.com, the stock presently has an average rating of “Moderate Buy” and a consensus price target of $82.62.

Insiders Place Their Bets

In related news, Director Kaigham Gabriel sold 1,718 shares of the stock in a transaction dated Tuesday, August 4th. The shares were sold at an average price of $60.00, for a total value of $103,080.00. Following the completion of the transaction, the director owned 17,426 shares of the company’s stock, valued at $1,045,560. This represents a 8.97% decrease in their ownership of the stock. The transaction was disclosed in a document filed with the SEC, which is available at this hyperlink. The transaction was executed under a pre-arranged Rule 10b5-1 trading plan. 0.59% of the stock is currently owned by insiders.

Hedge Funds Weigh In On Trimble

Several hedge funds and other institutional investors have recently modified their holdings of the stock. Wellington Management Group LLP lifted its stake in shares of Trimble by 126.0% during the fourth quarter. Wellington Management Group LLP now owns 6,199,706 shares of the scientific and technical instruments company’s stock valued at $485,747,000 after acquiring an additional 3,455,949 shares during the period. Raymond James Financial Inc. raised its position in shares of Trimble by 73.1% in the 2nd quarter. Raymond James Financial Inc. now owns 1,283,759 shares of the scientific and technical instruments company’s stock valued at $97,540,000 after acquiring an additional 542,245 shares during the period. AQR Capital Management LLC raised its holdings in Trimble by 42.5% during the 2nd quarter. AQR Capital Management LLC now owns 1,372,779 shares of the scientific and technical instruments company’s stock worth $104,166,000 after buying an additional 409,127 shares during the period. UBS Group AG lifted its stake in Trimble by 25.6% in the third quarter. UBS Group AG now owns 1,590,549 shares of the scientific and technical instruments company’s stock valued at $129,868,000 after buying an additional 323,696 shares in the last quarter. Finally, Bank of America Corp DE boosted its holdings in shares of Trimble by 28.9% in the second quarter. Bank of America Corp DE now owns 1,421,473 shares of the scientific and technical instruments company’s stock valued at $108,004,000 after buying an additional 318,961 shares during the period. Institutional investors own 93.21% of the company’s stock.

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.