Nykredit A S Makes New Investment in Trimble Inc. $TRMB

Nykredit A S bought a new stake in Trimble Inc. (NASDAQ:TRMB) in the 2nd quarter, according to its most recent Form 13F filing with the Securities and Exchange Commission (SEC). The firm bought 97,353 shares of the scientific and technical instruments company’s stock, valued at approximately $4,983,000.

A number of other institutional investors have also recently bought and sold shares of TRMB. Assenagon Asset Management S.A. boosted its position in shares of Trimble by 29.4% during the 2nd quarter. Assenagon Asset Management S.A. now owns 347,691 shares of the scientific and technical instruments company’s stock worth $17,795,000 after acquiring an additional 79,069 shares in the last quarter. ABN Amro Investment Solutions grew its position in Trimble by 90.8% during the 4th quarter. ABN Amro Investment Solutions now owns 60,512 shares of the scientific and technical instruments company’s stock worth $4,741,000 after acquiring an additional 28,791 shares during the last quarter. Swedbank AB increased its stake in shares of Trimble by 60.0% in the fourth quarter. Swedbank AB now owns 508,180 shares of the scientific and technical instruments company’s stock valued at $39,816,000 after buying an additional 190,638 shares during the period. Sivia Capital Partners LLC acquired a new position in Trimble in the 2nd quarter valued at approximately $208,000. Finally, National Pension Service increased its holdings in Trimble by 49.4% in the fourth quarter. National Pension Service now owns 57,132 shares of the scientific and technical instruments company’s stock valued at $4,476,000 after purchasing an additional 18,897 shares during the period. Institutional investors and hedge funds own 93.21% of the company’s stock.

Analyst Ratings Changes

A number of analysts have weighed in on TRMB shares. Raymond James Financial downgraded shares of Trimble from a “moderate buy” rating to a “hold” rating in a research report on Wednesday, July 22nd. Oppenheimer reaffirmed an “outperform” rating and issued a $80.00 target price on shares of Trimble in a research report on Tuesday, July 7th. Piper Sandler restated an “overweight” rating and set a $87.00 price target on shares of Trimble in a research note on Thursday, August 13th. Wall Street Zen downgraded Trimble from a “buy” rating to a “hold” rating in a research note on Saturday. Finally, Weiss Ratings downgraded shares of Trimble from a “hold (c-)” rating to a “sell (d)” rating in a report on Thursday, August 13th. Nine investment analysts have rated the stock with a Buy rating, two have assigned a Hold rating and one has given a Sell rating to the company. According to MarketBeat, Trimble presently has an average rating of “Moderate Buy” and an average target price of $81.78.

Trimble Stock Performance

NASDAQ:TRMB opened at $59.47 on Monday. The business’s fifty day moving average is $56.11 and its 200 day moving average is $59.70. Trimble Inc. has a 52-week low of $47.92 and a 52-week high of $84.42. The firm has a market cap of $13.87 billion, a price-to-earnings ratio of -121.36, a PEG ratio of 1.93 and a beta of 1.36. The company has a debt-to-equity ratio of 0.28, a quick ratio of 0.82 and a current ratio of 0.95.

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

Insiders Place Their Bets

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

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.