Trimble (NASDAQ:TRMB) Issues FY 2026 Earnings Guidance

Trimble (NASDAQ:TRMB) updated its FY 2026 earnings guidance on Tuesday. The company provided EPS guidance of 3.420-3.620 for the period, compared to the consensus EPS estimate of 3.000. The company issued revenue guidance of $3.8 billion-$3.9 billion, compared to the consensus revenue estimate of $3.7 billion. Trimble also updated its Q1 2026 guidance to 0.690-0.740 EPS.

Trimble Price Performance

Shares of NASDAQ:TRMB opened at $66.93 on Tuesday. Trimble has a twelve month low of $52.91 and a twelve month high of $87.50. The firm has a market capitalization of $15.92 billion, a PE ratio of 45.84, a P/E/G ratio of 2.31 and a beta of 1.59. The company has a quick ratio of 0.86, a current ratio of 1.00 and a debt-to-equity ratio of 0.24. The company has a 50-day moving average price of $76.59 and a two-hundred day moving average price of $79.18.

Trimble announced that its board has initiated a stock buyback program on Friday, December 5th that permits the company to repurchase $1.00 billion in outstanding shares. This repurchase authorization permits the scientific and technical instruments company to repurchase up to 5.1% of its stock through open market purchases. Stock repurchase programs are generally a sign that the company’s board of directors believes its stock is undervalued.

Analyst Upgrades and Downgrades

A number of research analysts have recently commented on the stock. Piper Sandler restated an “overweight” rating and set a $97.00 price target on shares of Trimble in a research report on Friday, November 7th. Weiss Ratings restated a “hold (c)” rating on shares of Trimble in a research report on Wednesday, January 21st. Wells Fargo & Company began coverage on Trimble in a report on Thursday, November 13th. They issued an “overweight” rating and a $94.00 price target on the stock. Barclays boosted their price objective on Trimble from $100.00 to $101.00 and gave the stock an “overweight” rating in a report on Monday, January 12th. Finally, Oppenheimer reaffirmed an “outperform” rating and issued a $102.00 target price on shares of Trimble in a research note on Thursday, November 6th. One equities research analyst has rated the stock with a Strong Buy rating, eight have assigned a Buy rating and two have assigned a Hold rating to the company’s stock. According to data from MarketBeat.com, the stock currently has an average rating of “Moderate Buy” and a consensus target price of $96.78.

Insiders Place Their Bets

In related news, Director James Calvin Dalton sold 616 shares of the firm’s stock in a transaction dated Friday, November 28th. The stock was sold at an average price of $81.99, for a total value of $50,505.84. Following the sale, the director directly owned 13,193 shares of the company’s stock, valued at $1,081,694.07. This trade represents a 4.46% decrease in their ownership of the stock. The transaction was disclosed in a document filed with the Securities & Exchange Commission, which is available through this link. Also, CFO Phillip Sawarynski sold 2,250 shares of the business’s stock in a transaction that occurred on Tuesday, December 16th. The shares were sold at an average price of $80.45, for a total value of $181,012.50. Following the transaction, the chief financial officer directly owned 25,684 shares in the company, valued at $2,066,277.80. This trade represents a 8.05% decrease in their ownership of the stock. The disclosure for this sale is available in the SEC filing. Insiders have sold 17,866 shares of company stock valued at $1,448,543 in the last ninety days. Company insiders own 0.54% of the company’s stock.

Hedge Funds Weigh In On Trimble

Several large investors have recently made changes to their positions in TRMB. Wellington Management Group LLP lifted its holdings in Trimble by 12,120.5% in the third quarter. Wellington Management Group LLP now owns 2,743,757 shares of the scientific and technical instruments company’s stock valued at $224,028,000 after acquiring an additional 2,721,305 shares during the period. Raymond James Financial Inc. lifted its stake 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 worth $97,540,000 after purchasing an additional 542,245 shares during the period. AQR Capital Management LLC boosted its holdings in shares of Trimble by 42.5% in the second 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 last quarter. UBS Group AG grew its position in Trimble by 25.6% during 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 during the period. Finally, Bank of America Corp DE increased its holdings in Trimble by 28.9% during 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 last quarter. 93.21% of the stock is currently owned by hedge funds and other institutional investors.

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.