OMERS ADMINISTRATION Corp Makes New $652,000 Investment in Trimble Inc. $TRMB

OMERS ADMINISTRATION Corp bought a new position in Trimble Inc. (NASDAQ:TRMB) in the second quarter, according to its most recent disclosure with the Securities and Exchange Commission (SEC). The fund bought 12,731 shares of the scientific and technical instruments company’s stock, valued at approximately $652,000.

A number of other large investors also recently modified their holdings of the stock. Vanguard Group Inc. grew its stake in shares of Trimble by 1.0% during the fourth quarter. Vanguard Group Inc. now owns 30,570,278 shares of the scientific and technical instruments company’s stock valued at $2,395,181,000 after purchasing an additional 304,461 shares during the last quarter. BlackRock Inc. bought a new position in Trimble in the 2nd quarter worth approximately $1,096,304,000. State Street Corp lifted its holdings in Trimble by 0.4% during the 3rd quarter. State Street Corp now owns 10,951,409 shares of the scientific and technical instruments company’s stock worth $894,183,000 after buying an additional 43,285 shares in the last quarter. Generation Investment Management LLP bought a new position in Trimble in the 2nd quarter valued at $367,994,000. Finally, Geode Capital Management LLC boosted its position in Trimble by 0.9% in the 4th quarter. Geode Capital Management LLC now owns 6,309,075 shares of the scientific and technical instruments company’s stock valued at $492,426,000 after buying an additional 55,073 shares during the last quarter. 93.21% of the stock is currently owned by institutional investors and hedge funds.

Insider Activity

In other news, Director Kaigham Gabriel sold 1,718 shares of the business’s stock in a transaction dated Tuesday, August 4th. The stock was sold at an average price of $60.00, for a total transaction of $103,080.00. Following the completion of the transaction, the director directly owned 17,426 shares in the company, valued at approximately $1,045,560. The trade was a 8.97% decrease in their position. The transaction was disclosed in a filing with the Securities & Exchange Commission, which is available through this hyperlink. The transaction was executed under a pre-arranged Rule 10b5-1 trading plan. Insiders own 0.59% of the company’s stock.

Wall Street Analyst Weigh In

A number of equities research analysts have recently weighed in on TRMB shares. JPMorgan Chase & Co. boosted their target price on Trimble from $75.00 to $76.00 and gave the stock an “overweight” rating in a research report on Thursday, August 13th. Wells Fargo & Company lowered their price objective on Trimble from $70.00 to $61.00 and set an “overweight” rating for the company in a research report on Tuesday, July 14th. Wall Street Zen raised Trimble from a “hold” rating to a “buy” rating in a report on Sunday, August 23rd. Weiss Ratings downgraded shares of Trimble from a “hold (c-)” rating to a “sell (d)” rating in a research report on Thursday, August 13th. Finally, Raymond James Financial lowered shares of Trimble from a “moderate buy” rating to a “hold” rating in a research note on Wednesday, July 22nd. Nine equities research analysts have rated the stock with a Buy rating, two have issued a Hold rating and one has assigned a Sell rating to the stock. According to data from MarketBeat.com, the company has an average rating of “Moderate Buy” and an average price target of $81.78.

Trimble Stock Performance

TRMB stock opened at $61.54 on Friday. Trimble Inc. has a twelve month low of $47.92 and a twelve month high of $84.42. The company has a quick ratio of 0.82, a current ratio of 0.95 and a debt-to-equity ratio of 0.28. The company has a market cap of $14.35 billion, a P/E ratio of -125.59, a price-to-earnings-growth ratio of 1.94 and a beta of 1.37. The business’s fifty day moving average is $54.91 and its 200-day moving average is $59.99.

Trimble (NASDAQ:TRMB) last announced its quarterly earnings data on Wednesday, August 12th. The scientific and technical instruments company reported $0.86 EPS for the quarter, topping analysts’ consensus estimates of $0.80 by $0.06. The business had revenue of $972.00 million during the quarter, compared to analysts’ expectations of $952.09 million. Trimble had a positive return on equity of 12.29% and a negative net margin of 2.77%.The firm’s quarterly revenue was up 11.0% compared to the same quarter last year. During the same period in the previous year, the firm earned $0.71 earnings per share. Trimble has set its Q3 2026 guidance at 0.830-0.880 EPS and its FY 2026 guidance at 3.600-3.700 EPS. Equities research analysts forecast that Trimble Inc. will post 3.08 EPS for the current year.

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.