Inceptionr LLC Acquires 13,088 Shares of Trimble Inc. $TRMB

Inceptionr LLC increased its holdings in shares of Trimble Inc. (NASDAQ:TRMB) by 276.8% during the fourth quarter, according to its most recent Form 13F filing with the Securities and Exchange Commission. The firm owned 17,816 shares of the scientific and technical instruments company’s stock after acquiring an additional 13,088 shares during the quarter. Inceptionr LLC’s holdings in Trimble were worth $1,396,000 as of its most recent SEC filing.

A number of other hedge funds have also bought and sold shares of the business. Peapack Gladstone Financial Corp lifted its holdings in Trimble by 2.6% during the second quarter. Peapack Gladstone Financial Corp now owns 5,008 shares of the scientific and technical instruments company’s stock worth $381,000 after acquiring an additional 125 shares during the period. CI Investments Inc. lifted its holdings in Trimble by 10.3% during the third quarter. CI Investments Inc. now owns 1,430 shares of the scientific and technical instruments company’s stock worth $117,000 after acquiring an additional 134 shares during the period. Pallas Capital Advisors LLC lifted its holdings in Trimble by 1.3% during the fourth quarter. Pallas Capital Advisors LLC now owns 11,941 shares of the scientific and technical instruments company’s stock worth $936,000 after acquiring an additional 151 shares during the period. Fiduciary Trust Co lifted its holdings in Trimble by 1.9% during the third quarter. Fiduciary Trust Co now owns 8,272 shares of the scientific and technical instruments company’s stock worth $675,000 after acquiring an additional 151 shares during the period. Finally, Larson Financial Group LLC lifted its holdings in Trimble by 11.1% during the third quarter. Larson Financial Group LLC now owns 1,547 shares of the scientific and technical instruments company’s stock worth $126,000 after acquiring an additional 155 shares during the period. 93.21% of the stock is currently owned by institutional investors.

Analyst Ratings Changes

TRMB has been the topic of a number of recent analyst reports. Wells Fargo & Company dropped their price target on Trimble from $79.00 to $70.00 and set an “overweight” rating on the stock in a report on Thursday, May 7th. Wall Street Zen upgraded Trimble from a “hold” rating to a “buy” rating in a report on Saturday, May 9th. Weiss Ratings lowered Trimble from a “hold (c)” rating to a “hold (c-)” rating in a research note on Thursday, June 4th. Zacks Research lowered Trimble from a “strong-buy” rating to a “hold” rating in a research note on Monday, April 13th. Finally, Piper Sandler lowered their target price on Trimble from $97.00 to $87.00 and set an “overweight” rating on the stock in a research note on Wednesday, May 6th. Ten equities research analysts have rated the stock with a Buy rating and two have assigned a Hold rating to the stock. According to MarketBeat.com, Trimble presently has an average rating of “Moderate Buy” and a consensus price target of $87.33.

Insider Buying and Selling at Trimble

In other news, VP Mark David Schwartz sold 16,725 shares of Trimble 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 directly owned 19,668 shares in the company, valued at approximately $1,317,952.68. The trade was a 45.96% decrease in their ownership of the stock. The sale was disclosed in a document filed with the Securities & Exchange Commission, which can be accessed through the SEC website. 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 Trimble stock in a transaction on Tuesday, April 14th. The shares were 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 approximately $796,385.18. This trade represents a 38.67% decrease in their ownership of the stock. 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. 0.59% of the stock is currently owned by insiders.

Trimble Stock Performance

Shares of TRMB opened at $50.60 on Thursday. The firm has a market cap of $11.80 billion, a PE ratio of 26.63, a PEG ratio of 1.77 and a beta of 1.38. The stock’s fifty day moving average price is $61.27 and its two-hundred day moving average price is $69.00. The company has a debt-to-equity ratio of 0.25, a current ratio of 1.01 and a quick ratio of 0.88. Trimble Inc. has a 1 year low of $50.57 and a 1 year high of $87.50.

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

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.