Silphium Asset Management Ltd Purchases New Shares in Trimble Inc. $TRMB

Silphium Asset Management Ltd purchased a new stake in shares of Trimble Inc. (NASDAQ:TRMB) during the fourth quarter, according to the company in its most recent disclosure with the Securities & Exchange Commission. The institutional investor purchased 8,634 shares of the scientific and technical instruments company’s stock, valued at approximately $676,000.

A number of other hedge funds also recently bought and sold shares of TRMB. Brighton Jones LLC purchased a new stake in shares of Trimble in the fourth quarter valued at $211,000. Empowered Funds LLC raised its stake in shares of Trimble by 9.5% in the first quarter. Empowered Funds LLC now owns 7,023 shares of the scientific and technical instruments company’s stock valued at $461,000 after acquiring an additional 607 shares during the period. Woodline Partners LP raised its stake in shares of Trimble by 41.6% in the first quarter. Woodline Partners LP now owns 20,766 shares of the scientific and technical instruments company’s stock valued at $1,363,000 after acquiring an additional 6,100 shares during the period. Sivia Capital Partners LLC purchased a new stake in shares of Trimble in the second quarter valued at $208,000. Finally, Marshall Wace LLP raised its stake in shares of Trimble by 31.8% in the second quarter. Marshall Wace LLP now owns 113,500 shares of the scientific and technical instruments company’s stock valued at $8,624,000 after acquiring an additional 27,374 shares during the period. Hedge funds and other institutional investors own 93.21% of the company’s stock.

Insider Buying and Selling at Trimble

In related news, VP Mark David Schwartz sold 16,725 shares of the business’s stock in a transaction on Thursday, April 16th. The shares were 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 $1,317,952.68. The trade was a 45.96% decrease in their position. The transaction was disclosed in a document filed with the SEC, which is available at 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 the business’s stock in a transaction on Tuesday, April 14th. The shares were sold at an average price of $66.94, for a total transaction 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 represents a 38.67% decrease in their ownership of the stock. The disclosure for this sale is available in the SEC filing. 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 quarter, insiders sold 31,725 shares of company stock valued at $2,151,167. Company insiders own 0.54% of the company’s stock.

Analyst Upgrades and Downgrades

Several equities research analysts have recently weighed in on TRMB shares. Barclays increased their target price on shares of Trimble from $101.00 to $103.00 and gave the company an “overweight” rating in a research note on Friday, March 6th. Robert W. Baird reduced 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. Weiss Ratings reissued a “hold (c)” rating on shares of Trimble in a research note on Wednesday, January 21st. Wall Street Zen downgraded shares of Trimble from a “buy” rating to a “hold” rating in a research note on Saturday, April 4th. Finally, Zacks Research downgraded shares of Trimble from a “strong-buy” rating to a “hold” rating in a research note on Monday, April 13th. Ten investment analysts have rated the stock with a Buy rating and two have given a Hold rating to the company. According to MarketBeat.com, Trimble presently has a consensus rating of “Moderate Buy” and a consensus target price of $92.78.

Trimble Stock Performance

NASDAQ TRMB opened at $69.29 on Monday. Trimble Inc. has a 12 month low of $55.55 and a 12 month high of $87.50. The stock has a market cap of $16.08 billion, a PE ratio of 39.59, a PEG ratio of 2.31 and a beta of 1.53. The company has a current ratio of 1.09, a quick ratio of 0.96 and a debt-to-equity ratio of 0.24. The company’s 50-day moving average price is $66.68 and its 200-day moving average price is $73.93.

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, beating analysts’ consensus estimates of $0.96 by $0.04. The business had revenue of $969.80 million for the quarter, compared to analysts’ expectations of $949.97 million. Trimble had a net margin of 11.82% and a return on equity of 11.18%. The company’s revenue was down 1.4% compared to the same quarter last year. During the same period last year, the business earned $0.89 EPS. Trimble has set its FY 2026 guidance at 3.420-3.620 EPS and its Q1 2026 guidance at 0.690-0.740 EPS. Equities research analysts forecast that Trimble Inc. will post 2.37 earnings per share 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.