Henshaw Capital LLC lessened its stake in Trimble Inc. (NASDAQ:TRMB – Free Report) by 13.7% during the first quarter, according to the company in its most recent 13F filing with the SEC. The institutional investor owned 59,737 shares of the scientific and technical instruments company’s stock after selling 9,517 shares during the quarter. Henshaw Capital LLC’s holdings in Trimble were worth $3,897,000 as of its most recent filing with the SEC.
Several other large investors have also modified their holdings of the stock. Vanguard Group Inc. lifted its holdings in Trimble by 1.0% in the fourth quarter. Vanguard Group Inc. now owns 30,570,278 shares of the scientific and technical instruments company’s stock worth $2,395,181,000 after acquiring an additional 304,461 shares during the last quarter. State Street Corp grew its holdings in shares of Trimble by 0.4% during the third quarter. State Street Corp now owns 10,951,409 shares of the scientific and technical instruments company’s stock valued at $894,183,000 after purchasing an additional 43,285 shares during the last quarter. Geode Capital Management LLC grew its holdings in shares of Trimble by 0.9% during the fourth 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 purchasing an additional 55,073 shares during the last quarter. Wellington Management Group LLP raised its position in shares of Trimble by 126.0% during the 4th quarter. Wellington Management Group LLP now owns 6,199,706 shares of the scientific and technical instruments company’s stock worth $485,747,000 after purchasing an additional 3,455,949 shares during the period. Finally, Massachusetts Financial Services Co. MA lifted its holdings in shares of Trimble by 19.1% in the 4th quarter. Massachusetts Financial Services Co. MA now owns 4,217,742 shares of the scientific and technical instruments company’s stock worth $330,460,000 after purchasing an additional 675,134 shares during the last quarter. Institutional investors own 93.21% of the company’s stock.
Wall Street Analysts Forecast Growth
A number of research firms have issued reports on TRMB. Raymond James Financial cut Trimble from a “moderate buy” rating to a “hold” rating in a research note on Wednesday, July 22nd. JPMorgan Chase & Co. dropped their price objective on shares of Trimble from $88.00 to $75.00 and set an “overweight” rating on the stock in a report on Monday, July 13th. Barclays cut their price objective on shares of Trimble from $103.00 to $79.00 and set an “overweight” rating on the stock in a research report on Friday, May 29th. Weiss Ratings lowered shares of Trimble from a “hold (c)” rating to a “hold (c-)” rating in a research note on Thursday, June 4th. Finally, Oppenheimer restated an “outperform” rating and issued a $80.00 price target on shares of Trimble in a research note on Tuesday, July 7th. Nine research analysts have rated the stock with a Buy rating and three have issued a Hold rating to the stock. According to MarketBeat, Trimble presently has a consensus rating of “Moderate Buy” and a consensus target price of $83.78.
Trimble Trading Down 0.8%
Trimble stock opened at $56.58 on Friday. The firm has a market cap of $13.19 billion, a price-to-earnings ratio of 29.78, a price-to-earnings-growth ratio of 1.88 and a beta of 1.38. Trimble Inc. has a 1 year low of $47.92 and a 1 year high of $87.50. The firm’s 50 day moving average price is $52.94 and its two-hundred day moving average price is $61.73. The company has a debt-to-equity ratio of 0.25, a quick ratio of 0.88 and a current ratio of 1.01.
Trimble (NASDAQ:TRMB – Get Free Report) last posted its quarterly earnings data on Wednesday, May 6th. The scientific and technical instruments company reported $0.79 earnings per share (EPS) for the quarter, topping the consensus estimate of $0.72 by $0.07. The firm 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%.The business’s revenue for the quarter was up 11.8% compared to the same quarter last year. During the same quarter in the previous year, the company earned $0.61 EPS. 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, research analysts predict that Trimble Inc. will post 3.01 EPS for the current fiscal 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.
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