National Pension Service Grows Position in Trimble Inc. $TRMB

National Pension Service boosted its holdings in Trimble Inc. (NASDAQ:TRMB) by 49.4% in the fourth quarter, according to its most recent disclosure with the Securities & Exchange Commission. The institutional investor owned 57,132 shares of the scientific and technical instruments company’s stock after purchasing an additional 18,897 shares during the quarter. National Pension Service’s holdings in Trimble were worth $4,476,000 as of its most recent SEC filing.

A number of other institutional investors and hedge funds have also recently added to or reduced their stakes in the business. Vanguard Group Inc. boosted its holdings in Trimble by 1.0% in the fourth quarter. Vanguard Group Inc. now owns 30,570,278 shares of the scientific and technical instruments company’s stock valued at $2,395,181,000 after purchasing an additional 304,461 shares in the last quarter. State Street Corp boosted its holdings in Trimble by 0.4% in the third quarter. State Street Corp now owns 10,951,409 shares of the scientific and technical instruments company’s stock valued at $894,183,000 after purchasing an additional 43,285 shares in the last quarter. Geode Capital Management LLC boosted its holdings in Trimble by 0.9% in the fourth quarter. Geode Capital Management LLC now owns 6,309,075 shares of the scientific and technical instruments company’s stock valued at $492,426,000 after purchasing an additional 55,073 shares in the last quarter. Massachusetts Financial Services Co. MA boosted its holdings in Trimble by 19.1% in the fourth quarter. Massachusetts Financial Services Co. MA now owns 4,217,742 shares of the scientific and technical instruments company’s stock valued at $330,460,000 after purchasing an additional 675,134 shares in the last quarter. Finally, Invesco Ltd. boosted its holdings in Trimble by 1.7% in the third quarter. Invesco Ltd. now owns 4,156,972 shares of the scientific and technical instruments company’s stock valued at $339,417,000 after purchasing an additional 67,671 shares in the last quarter. 93.21% of the stock is owned by institutional investors and hedge funds.

Analysts Set New Price Targets

A number of brokerages recently issued reports on TRMB. Sanford C. Bernstein reaffirmed an “outperform” rating on shares of Trimble in a report on Wednesday, February 11th. Robert W. Baird lowered their price target on Trimble from $90.00 to $85.00 and set an “outperform” rating for the company in a report on Monday, March 30th. Piper Sandler lowered their price target on Trimble from $97.00 to $87.00 and set an “overweight” rating for the company in a report on Wednesday, May 6th. Oppenheimer lowered their price target on Trimble from $86.00 to $80.00 and set an “outperform” rating for the company in a report on Thursday, May 7th. Finally, Wall Street Zen raised Trimble from a “hold” rating to a “buy” rating in a report on Saturday, May 9th. Ten equities research analysts have rated the stock with a Buy rating and two have issued a Hold rating to the company. Based on data from MarketBeat.com, the stock has an average rating of “Moderate Buy” and a consensus price target of $87.33.

Trimble Price Performance

Shares of NASDAQ TRMB opened at $58.15 on Tuesday. The company has a debt-to-equity ratio of 0.25, a current ratio of 1.01 and a quick ratio of 0.88. The stock has a fifty day moving average price of $62.75 and a 200 day moving average price of $70.12. Trimble Inc. has a 1-year low of $52.80 and a 1-year high of $87.50. The company has a market cap of $13.56 billion, a PE ratio of 30.61, a P/E/G ratio of 1.89 and a beta of 1.38.

Trimble (NASDAQ:TRMB) last issued its quarterly earnings results on Wednesday, May 6th. The scientific and technical instruments company reported $0.79 earnings per share for the quarter, topping the consensus estimate of $0.72 by $0.07. Trimble had a return on equity of 11.61% and a net margin of 12.38%.The firm had revenue of $939.90 million during the quarter, compared to the consensus estimate of $905.60 million. During the same period last year, the company earned $0.61 earnings per share. The company’s revenue for the quarter was up 11.8% on a year-over-year basis. Trimble has set its Q2 2026 guidance at 0.780-0.820 EPS and its FY 2026 guidance at 3.470-3.640 EPS. Sell-side analysts forecast that Trimble Inc. will post 2.99 EPS for the current year.

Insider Buying and Selling at Trimble

In other Trimble news, VP Mark David Schwartz sold 16,725 shares of the stock in a transaction on Thursday, April 16th. The stock was sold at an average price of $67.01, for a total value of $1,120,742.25. Following the completion of the transaction, the vice president owned 19,668 shares in the company, valued at approximately $1,317,952.68. This represents a 45.96% decrease in their ownership of the stock. The transaction was disclosed in a legal filing with the SEC, which can be accessed through this link. The transaction was executed under a pre-arranged Rule 10b5-1 trading plan. The sale was made to cover tax withholding obligations related to the vesting of equity awards. Also, CEO Robert G. Painter sold 7,500 shares of the stock in a transaction on Tuesday, April 14th. The stock was sold at an average price of $66.94, for a total value of $502,050.00. Following the completion of the transaction, the chief executive officer owned 11,897 shares of the company’s stock, valued at $796,385.18. The trade was a 38.67% decrease in their position. The SEC filing for this sale provides additional information. The transaction was executed under a pre-arranged Rule 10b5-1 trading plan. The sale was made to cover tax withholding obligations related to the vesting of equity awards. Over the last ninety days, insiders have sold 31,725 shares of company stock valued at $2,151,167. Corporate insiders own 0.59% of the company’s stock.

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.