Jackson Square Capital LLC Lowers Stake in Trimble Inc. $TRMB

Jackson Square Capital LLC reduced its position in shares of Trimble Inc. (NASDAQ:TRMB) by 15.0% during the 4th quarter, according to the company in its most recent 13F filing with the Securities & Exchange Commission. The institutional investor owned 56,404 shares of the scientific and technical instruments company’s stock after selling 9,982 shares during the quarter. Trimble accounts for approximately 0.9% of Jackson Square Capital LLC’s investment portfolio, making the stock its 29th biggest holding. Jackson Square Capital LLC’s holdings in Trimble were worth $4,419,000 at the end of the most recent quarter.

Several other hedge funds have also modified their holdings of the company. Martel Wealth Advisors Inc purchased a new stake in shares of Trimble during the 4th quarter worth about $470,000. Aaron Wealth Advisors LLC boosted its stake in shares of Trimble by 36.6% during the 4th quarter. Aaron Wealth Advisors LLC now owns 4,692 shares of the scientific and technical instruments company’s stock worth $368,000 after acquiring an additional 1,257 shares in the last quarter. Flagship Harbor Advisors LLC purchased a new stake in shares of Trimble during the 4th quarter worth about $37,000. Whalen Wealth Management Inc. boosted its stake in shares of Trimble by 92.0% during the 4th quarter. Whalen Wealth Management Inc. now owns 8,252 shares of the scientific and technical instruments company’s stock worth $647,000 after acquiring an additional 3,954 shares in the last quarter. Finally, Thurston Springer Miller Herd & Titak Inc. purchased a new stake in shares of Trimble during the 4th quarter worth about $46,000. 93.21% of the stock is owned by hedge funds and other institutional investors.

Analyst Upgrades and Downgrades

TRMB has been the topic of several recent analyst reports. Robert W. Baird lowered their target price on shares of Trimble from $90.00 to $85.00 and set an “outperform” rating on the stock in a research note on Monday, March 30th. Oppenheimer reissued an “outperform” rating and set a $86.00 target price on shares of Trimble in a research note on Tuesday, February 10th. Zacks Research upgraded shares of Trimble from a “hold” rating to a “strong-buy” rating in a research report on Friday, February 13th. Barclays upped their price target 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. Finally, KeyCorp upgraded shares of Trimble from a “sector weight” rating to an “overweight” rating and set a $99.00 price target for the company in a research report on Monday, December 15th. One investment analyst has rated the stock with a Strong Buy rating, ten have assigned a Buy rating and one has assigned a Hold rating to the company. Based on data from MarketBeat, the stock has a consensus rating of “Buy” and a consensus target price of $92.78.

Trimble Stock Up 3.9%

TRMB opened at $66.74 on Thursday. Trimble Inc. has a twelve month low of $53.63 and a twelve month high of $87.50. The company has a quick ratio of 0.96, a current ratio of 1.09 and a debt-to-equity ratio of 0.24. The company has a 50-day moving average price of $66.60 and a 200 day moving average price of $74.67. The company has a market cap of $15.61 billion, a PE ratio of 38.14, a price-to-earnings-growth ratio of 2.17 and a beta of 1.53.

Trimble (NASDAQ:TRMB) last released its quarterly earnings results on Tuesday, February 10th. The scientific and technical instruments company reported $1.00 earnings per share for the quarter, topping the consensus estimate of $0.96 by $0.04. Trimble had a net margin of 11.82% and a return on equity of 11.18%. 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 prior year, the firm earned $0.89 EPS. The company’s revenue for the quarter 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. Sell-side analysts expect that Trimble Inc. will post 2.37 earnings per share for the current fiscal year.

Insider Buying and Selling

In other Trimble news, CEO Robert G. Painter sold 7,500 shares of the stock in a transaction dated Tuesday, March 10th. The shares were sold at an average price of $70.45, for a total value of $528,375.00. Following the completion of the sale, the chief executive officer owned 19,397 shares in the company, valued at approximately $1,366,518.65. This represents a 27.88% decrease in their position. The transaction was disclosed in a legal filing with the Securities & Exchange Commission, which is accessible through the SEC website. Insiders own 0.54% of the company’s stock.

Trimble 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.