Rakuten Investment Management Inc. Acquires New Stake in Trimble Inc. $TRMB

Rakuten Investment Management Inc. bought a new position in Trimble Inc. (NASDAQ:TRMB) in the second quarter, according to its most recent Form 13F filing with the Securities & Exchange Commission. The firm bought 38,175 shares of the scientific and technical instruments company’s stock, valued at approximately $1,938,000.

Several other hedge funds have also recently made changes to their positions in the company. Rothschild Investment LLC increased its holdings in 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 acquiring an additional 213 shares during the last quarter. DV Equities LLC purchased a new stake in Trimble during the fourth quarter valued at about $26,000. Bank of Jackson Hole Trust bought a new position in Trimble during the fourth quarter worth about $27,000. Quarry LP boosted its position in Trimble by 175.8% during the third 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 during the period. Finally, BOKF NA increased its stake in shares of Trimble by 103.8% in the fourth 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. 93.21% of the stock is currently owned by institutional investors.

Analyst Ratings Changes

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

Trimble Price Performance

TRMB stock opened at $61.01 on Monday. The company’s 50 day moving average is $55.15 and its 200 day moving average is $59.95. The stock has a market cap of $14.23 billion, a price-to-earnings ratio of -124.51, a price-to-earnings-growth ratio of 1.98 and a beta of 1.37. The company has a current ratio of 0.95, a quick ratio of 0.82 and a debt-to-equity ratio of 0.28. Trimble Inc. has a 1-year low of $47.92 and a 1-year high of $84.42.

Trimble (NASDAQ:TRMB) last issued its quarterly earnings results on Wednesday, August 12th. The scientific and technical instruments company reported $0.86 earnings per share (EPS) for the quarter, topping the consensus estimate of $0.80 by $0.06. The firm had revenue of $972.00 million during the quarter, compared to analyst estimates of $952.09 million. Trimble had a positive return on equity of 12.29% and a negative net margin of 2.77%.The company’s revenue was up 11.0% compared to the same quarter last year. During the same quarter in the previous year, the company posted $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. Sell-side analysts predict that Trimble Inc. will post 3.08 EPS for the current fiscal year.

Insider Activity

In related news, Director Kaigham Gabriel sold 1,718 shares of the company’s stock in a transaction on Tuesday, August 4th. The shares were sold at an average price of $60.00, for a total transaction of $103,080.00. Following the completion of the sale, the director directly owned 17,426 shares in the company, valued at $1,045,560. This represents a 8.97% decrease in their position. The transaction was disclosed in a filing with the SEC, which is available through this link. The transaction was executed under a pre-arranged Rule 10b5-1 trading plan. Corporate insiders own 0.59% of the company’s stock.

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.