United Capital Financial Advisors LLC Buys New Shares in Trimble Inc. $TRMB

United Capital Financial Advisors LLC bought a new position in Trimble Inc. (NASDAQ:TRMB) in the second quarter, according to the company in its most recent 13F filing with the SEC. The firm bought 88,669 shares of the scientific and technical instruments company’s stock, valued at approximately $4,538,000.

A number of other institutional investors and hedge funds also recently added to or reduced their stakes in TRMB. Brighton Jones LLC purchased a new position in shares of Trimble in the fourth quarter worth about $211,000. Empowered Funds LLC boosted its position in Trimble by 9.5% in the first quarter. Empowered Funds LLC now owns 7,023 shares of the scientific and technical instruments company’s stock valued at $461,000 after buying an additional 607 shares during the last quarter. Woodline Partners LP increased its holdings in Trimble by 41.6% in the 1st quarter. Woodline Partners LP now owns 20,766 shares of the scientific and technical instruments company’s stock worth $1,363,000 after buying an additional 6,100 shares during the period. Sivia Capital Partners LLC acquired a new position in Trimble in the 2nd quarter worth approximately $208,000. Finally, Marshall Wace LLP raised its position in Trimble by 31.8% during the 2nd quarter. Marshall Wace LLP now owns 113,500 shares of the scientific and technical instruments company’s stock worth $8,624,000 after buying an additional 27,374 shares during the last quarter. Institutional investors and hedge funds own 93.21% of the company’s stock.

Wall Street Analyst Weigh In

Several analysts have commented on TRMB shares. Wall Street Zen upgraded shares of Trimble from a “hold” rating to a “buy” rating in a research note on Sunday, August 23rd. Piper Sandler reissued an “overweight” rating and set a $87.00 target price on shares of Trimble in a report on Thursday, August 13th. Raymond James Financial cut shares of Trimble from a “moderate buy” rating to a “hold” rating in a report on Wednesday, July 22nd. Sanford C. Bernstein lowered their price target on shares of Trimble from $85.00 to $73.00 and set an “outperform” rating on the stock in a report on Thursday, August 13th. Finally, Barclays upped their price target on shares of Trimble from $79.00 to $80.00 and gave the company an “overweight” rating in a report on Wednesday, August 19th. Nine analysts have rated the stock with a Buy rating, two have given a Hold rating and one has assigned a Sell rating to the company. According to MarketBeat, Trimble currently has a consensus rating of “Moderate Buy” and an average target price of $81.78.

Trimble Trading Down 0.9%

Trimble stock opened at $61.01 on Friday. The firm has a market cap of $14.23 billion, a PE ratio of -124.51, a P/E/G ratio of 2.00 and a beta of 1.37. Trimble Inc. has a 12 month low of $47.92 and a 12 month high of $84.42. The stock’s 50 day simple moving average is $55.15 and its two-hundred day simple moving average is $59.99. The company has a current ratio of 0.95, a quick ratio of 0.82 and a debt-to-equity ratio of 0.28.

Trimble (NASDAQ:TRMB) last posted its earnings results on Wednesday, August 12th. The scientific and technical instruments company reported $0.86 earnings per share (EPS) for the quarter, beating the consensus estimate of $0.80 by $0.06. The firm had revenue of $972.00 million during the quarter, compared to analysts’ expectations of $952.09 million. Trimble had a negative net margin of 2.77% and a positive return on equity of 12.29%. The business’s revenue was up 11.0% compared to the same quarter last year. During the same period in the previous year, the business posted $0.71 EPS. Trimble has set its Q3 2026 guidance at 0.830-0.880 EPS and its FY 2026 guidance at 3.600-3.700 EPS. Analysts anticipate that Trimble Inc. will post 3.08 earnings per share for the current year.

Insider Activity

In other 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 transaction of $103,080.00. Following the sale, the director directly owned 17,426 shares of the company’s stock, valued at $1,045,560. This represents a 8.97% decrease in their position. The transaction was disclosed in a legal filing with the SEC, which is available through this link. The transaction was executed under a pre-arranged Rule 10b5-1 trading plan. 0.59% of the stock is currently owned by insiders.

Trimble Company 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.