SouthState Bank Corp Buys 10,979 Shares of Trimble Inc. $TRMB

SouthState Bank Corp boosted its stake in shares of Trimble Inc. (NASDAQ:TRMB) by 9.5% in the fourth quarter, Holdings Channel reports. The institutional investor owned 126,305 shares of the scientific and technical instruments company’s stock after purchasing an additional 10,979 shares during the period. SouthState Bank Corp’s holdings in Trimble were worth $9,896,000 as of its most recent SEC filing.

Other institutional investors and hedge funds also recently added to or reduced their stakes in the company. Rothschild Investment LLC increased its holdings in shares of Trimble by 193.6% in the 4th quarter. Rothschild Investment LLC now owns 323 shares of the scientific and technical instruments company’s stock worth $25,000 after purchasing an additional 213 shares in the last quarter. Toth Financial Advisory Corp bought a new stake in shares of Trimble in the 4th quarter worth $27,000. Hantz Financial Services Inc. increased its holdings in shares of Trimble by 90.8% in the 3rd quarter. Hantz Financial Services Inc. now owns 372 shares of the scientific and technical instruments company’s stock worth $30,000 after purchasing an additional 177 shares in the last quarter. Quarry LP increased its holdings in shares of Trimble by 175.8% in the 3rd quarter. Quarry LP now owns 364 shares of the scientific and technical instruments company’s stock worth $30,000 after purchasing an additional 232 shares in the last quarter. Finally, BOKF NA increased its holdings in shares of Trimble by 103.8% in the 4th quarter. BOKF NA now owns 426 shares of the scientific and technical instruments company’s stock worth $33,000 after purchasing an additional 217 shares in the last quarter. Institutional investors own 93.21% of the company’s stock.

Wall Street Analyst Weigh In

A number of research firms have commented on TRMB. Sanford C. Bernstein reissued an “outperform” rating on shares of Trimble in a report on Wednesday, February 11th. Wells Fargo & Company reduced their target price on Trimble from $79.00 to $70.00 and set an “overweight” rating for the company in a report on Thursday, May 7th. Piper Sandler reduced their target price on Trimble from $97.00 to $87.00 and set an “overweight” rating for the company in a report on Wednesday, May 6th. Robert W. Baird reduced their target price on Trimble from $90.00 to $85.00 and set an “outperform” rating for the company in a report on Monday, March 30th. Finally, Oppenheimer reduced their target price on Trimble from $86.00 to $80.00 and set an “outperform” rating for the company in a report on Thursday, May 7th. Ten research analysts have rated the stock with a Buy rating and two have assigned a Hold rating to the company’s stock. According to MarketBeat.com, the stock currently has an average rating of “Moderate Buy” and an average target price of $87.33.

Trimble Stock Performance

TRMB stock opened at $54.19 on Friday. The company has a market cap of $12.63 billion, a P/E ratio of 28.52, a price-to-earnings-growth ratio of 1.81 and a beta of 1.38. 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’s fifty day moving average price is $61.94 and its 200-day moving average price is $69.53. Trimble Inc. has a 1 year low of $52.80 and a 1 year high of $87.50.

Trimble (NASDAQ:TRMB) last released its earnings results on Wednesday, May 6th. The scientific and technical instruments company reported $0.79 earnings per share for the quarter, beating the consensus estimate of $0.72 by $0.07. The company had revenue of $939.90 million for the quarter, compared to the consensus estimate of $905.60 million. Trimble had a return on equity of 11.61% and a net margin of 12.38%.Trimble’s quarterly revenue was up 11.8% compared to the same quarter last year. During the same period in the previous year, the business earned $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 analysts forecast that Trimble Inc. will post 2.99 earnings per share for the current year.

Insider Buying and Selling at Trimble

In related news, CEO Robert G. Painter sold 7,500 shares of Trimble stock in a transaction on Tuesday, April 14th. The stock was sold at an average price of $66.94, for a total transaction of $502,050.00. Following the transaction, the chief executive officer directly owned 11,897 shares in the company, valued at approximately $796,385.18. The trade was a 38.67% decrease in their ownership of the stock. The transaction was disclosed in a document filed with the Securities & Exchange Commission, which is accessible 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, VP Mark David Schwartz sold 16,725 shares of Trimble 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 transaction, the vice president owned 19,668 shares in the company, valued at $1,317,952.68. This trade represents a 45.96% decrease in their ownership of the stock. Additional details regarding this sale are available in the official SEC disclosure. 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. Insiders have sold 31,725 shares of company stock worth $2,151,167 over the last quarter. 0.59% of the stock is owned by company insiders.

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.