Trimble Inc. (NASDAQ:TRMB) Receives $81.78 Average PT from Brokerages

Shares of Trimble Inc. (NASDAQ:TRMB) have received a consensus recommendation of “Moderate Buy” from the twelve research firms that are presently covering the firm, Marketbeat Ratings reports. One investment analyst has rated the stock with a sell rating, two have assigned a hold rating and nine have issued a buy rating on the company. The average 12 month target price among brokerages that have issued ratings on the stock in the last year is $81.7778.

A number of research analysts recently commented on TRMB shares. Wells Fargo & Company lowered 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. JPMorgan Chase & Co. boosted their price objective on Trimble from $75.00 to $76.00 and gave the stock an “overweight” rating in a research note on Thursday, August 13th. Raymond James Financial downgraded Trimble from a “moderate buy” rating to a “hold” rating in a research report on Wednesday, July 22nd. Piper Sandler reaffirmed an “overweight” rating and issued a $87.00 price objective on shares of Trimble in a research note on Thursday, August 13th. Finally, Barclays lifted their target price on Trimble from $79.00 to $80.00 and gave the stock an “overweight” rating in a report on Wednesday, August 19th.

Insider Transactions at Trimble

In other Trimble news, Director Kaigham Gabriel sold 1,718 shares of Trimble stock in a transaction on Tuesday, August 4th. The shares were sold at an average price of $60.00, for a total transaction of $103,080.00. Following the completion of the transaction, the director directly owned 17,426 shares of the company’s stock, valued at $1,045,560. The trade was a 8.97% decrease in their ownership of the stock. The transaction was disclosed in a filing with the Securities & Exchange Commission, which is available through this hyperlink. The transaction was executed under a pre-arranged Rule 10b5-1 trading plan. 0.59% of the stock is currently owned by corporate insiders.

Institutional Investors Weigh In On Trimble

Hedge funds and other institutional investors have recently made changes to their positions in the company. Tidal Investments LLC lifted its holdings in shares of Trimble by 85.0% in the 2nd quarter. Tidal Investments LLC now owns 64,567 shares of the scientific and technical instruments company’s stock worth $3,305,000 after acquiring an additional 29,657 shares during the last quarter. WINTON GROUP Ltd bought a new position in Trimble during the 2nd quarter valued at about $496,000. IFP Advisors Inc grew its holdings in Trimble by 10.3% during the 2nd quarter. IFP Advisors Inc now owns 30,893 shares of the scientific and technical instruments company’s stock valued at $1,581,000 after purchasing an additional 2,894 shares during the last quarter. Arizona State Retirement System raised its position in Trimble by 3.7% in the 2nd quarter. Arizona State Retirement System now owns 67,070 shares of the scientific and technical instruments company’s stock worth $3,433,000 after purchasing an additional 2,421 shares during the period. Finally, Empirical Finance LLC lifted its stake in Trimble by 4.2% in the second quarter. Empirical Finance LLC now owns 7,181 shares of the scientific and technical instruments company’s stock worth $368,000 after purchasing an additional 288 shares during the last quarter. Hedge funds and other institutional investors own 93.21% of the company’s stock.

Trimble Trading Down 1.0%

Shares of TRMB stock opened at $56.84 on Tuesday. Trimble has a 12-month low of $47.92 and a 12-month high of $84.42. The company has a current ratio of 0.95, a quick ratio of 0.82 and a debt-to-equity ratio of 0.28. The stock’s 50-day moving average price is $56.61 and its 200-day moving average price is $59.45. The stock has a market capitalization of $13.25 billion, a price-to-earnings ratio of -116.00, a price-to-earnings-growth ratio of 1.86 and a beta of 1.36.

Trimble (NASDAQ:TRMB) last posted its earnings results on Wednesday, August 12th. The scientific and technical instruments company reported $0.86 EPS for the quarter, beating analysts’ consensus estimates of $0.80 by $0.06. Trimble had a positive return on equity of 12.29% and a negative net margin of 2.77%.The firm had revenue of $972.00 million during the quarter, compared to the consensus estimate of $952.09 million. During the same period in the prior year, the company earned $0.71 EPS. The company’s quarterly revenue was up 11.0% compared to the same quarter last year. 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 research analysts predict that Trimble will post 3.08 EPS for the current fiscal year.

Trimble Company Profile

Trimble Inc develops technology solutions that help organizations connect the physical and digital worlds. Its portfolio combines positioning and navigation technologies, specialized hardware, software, and data services to support workflows in industries such as construction, geospatial, transportation, utilities, natural resources, and government.

The company’s products and services include surveying and mapping equipment, machine control and construction management software, 3D modeling and building information management tools, field and project collaboration platforms, and transportation and logistics solutions.