Swiss National Bank Has $56.15 Million Holdings in Trimble Inc. $TRMB

Swiss National Bank decreased its position in Trimble Inc. (NASDAQ:TRMB) by 7.6% during the 3rd quarter, according to the company in its most recent Form 13F filing with the Securities & Exchange Commission. The firm owned 687,700 shares of the scientific and technical instruments company’s stock after selling 56,300 shares during the period. Swiss National Bank’s holdings in Trimble were worth $56,151,000 at the end of the most recent quarter.

A number of other institutional investors have also bought and sold shares of TRMB. Salomon & Ludwin LLC acquired a new stake in Trimble during the 3rd quarter worth about $25,000. Root Financial Partners LLC acquired a new position in shares of Trimble in the 3rd quarter valued at about $30,000. Hantz Financial Services Inc. boosted its position in shares of Trimble by 90.8% during the 3rd quarter. Hantz Financial Services Inc. now owns 372 shares of the scientific and technical instruments company’s stock valued at $30,000 after purchasing an additional 177 shares in the last quarter. Global Retirement Partners LLC boosted its position in shares of Trimble by 78.7% during the 3rd quarter. Global Retirement Partners LLC now owns 411 shares of the scientific and technical instruments company’s stock valued at $34,000 after purchasing an additional 181 shares in the last quarter. Finally, Geneos Wealth Management Inc. grew its stake in Trimble by 55.4% during the second quarter. Geneos Wealth Management Inc. now owns 474 shares of the scientific and technical instruments company’s stock worth $36,000 after purchasing an additional 169 shares during the period. Institutional investors own 93.21% of the company’s stock.

Analyst Ratings Changes

TRMB has been the topic of several recent analyst reports. Weiss Ratings reissued a “hold (c)” rating on shares of Trimble in a research note on Wednesday, January 21st. Barclays raised their price objective on shares of Trimble from $101.00 to $103.00 and gave the stock an “overweight” rating in a research report on Friday, March 6th. Wells Fargo & Company dropped their target price on shares of Trimble from $94.00 to $79.00 and set an “overweight” rating on the stock in a research report on Thursday, February 12th. Zacks Research raised shares of Trimble from a “hold” rating to a “strong-buy” rating in a research note on Friday, February 13th. Finally, Sanford C. Bernstein restated an “outperform” rating on shares of Trimble in a report on Wednesday, February 11th. One research analyst has rated the stock with a Strong Buy rating, nine have issued a Buy rating and one has issued a Hold rating to the company. According to data from MarketBeat.com, the company presently has an average rating of “Buy” and a consensus target price of $93.75.

Trimble Stock Down 2.0%

Shares of NASDAQ:TRMB opened at $67.60 on Thursday. The company has a debt-to-equity ratio of 0.24, a quick ratio of 0.96 and a current ratio of 1.09. Trimble Inc. has a 52-week low of $52.91 and a 52-week high of $87.50. The business’s 50 day simple moving average is $70.79 and its two-hundred day simple moving average is $76.83. The firm has a market cap of $15.81 billion, a P/E ratio of 38.63, a PEG ratio of 2.30 and a beta of 1.57.

Trimble (NASDAQ:TRMB) last released its quarterly earnings data on Tuesday, February 10th. The scientific and technical instruments company reported $1.00 EPS for the quarter, beating the consensus estimate of $0.96 by $0.04. Trimble had a return on equity of 11.18% and a net margin of 11.82%.The firm had revenue of $969.80 million during the quarter, compared to the consensus estimate of $949.97 million. During the same quarter in the previous year, the company posted $0.89 earnings per share. The company’s quarterly revenue was down 1.4% on a year-over-year basis. Trimble has set its FY 2026 guidance at 3.420-3.620 EPS and its Q1 2026 guidance at 0.690-0.740 EPS. As a group, research analysts forecast that Trimble Inc. will post 2.37 EPS for the current fiscal year.

Trimble declared that its board has initiated a share repurchase plan on Friday, December 5th that authorizes the company to buyback $1.00 billion in shares. This buyback authorization authorizes the scientific and technical instruments company to buy up to 5.1% of its stock through open market purchases. Stock buyback plans are generally a sign that the company’s board believes its shares are undervalued.

Insider Buying and Selling at Trimble

In other Trimble news, CEO Robert G. Painter sold 7,500 shares of the business’s stock in a transaction on Tuesday, January 13th. The shares were sold at an average price of $80.88, for a total transaction of $606,600.00. Following the completion of the sale, the chief executive officer owned 34,397 shares in the company, valued at approximately $2,782,029.36. The trade was a 17.90% decrease in their position. The sale was disclosed in a document filed with the SEC, which can be accessed through the SEC website. Also, CFO Phillip Sawarynski sold 2,250 shares of the company’s stock in a transaction on Tuesday, December 16th. The stock was sold at an average price of $80.45, for a total transaction of $181,012.50. Following the transaction, the chief financial officer owned 25,684 shares in the company, valued at approximately $2,066,277.80. The trade was a 8.05% decrease in their position. Additional details regarding this sale are available in the official SEC disclosure. Company insiders own 0.54% 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.