SYM FINANCIAL Corp Purchases 264 Shares of Trimble Inc. (NASDAQ:TRMB)

SYM FINANCIAL Corp boosted its position in Trimble Inc. (NASDAQ:TRMB) by 7.2% in the 3rd quarter, according to its most recent filing with the SEC. The fund owned 3,927 shares of the scientific and technical instruments company’s stock after purchasing an additional 264 shares during the period. SYM FINANCIAL Corp’s holdings in Trimble were worth $244,000 as of its most recent filing with the SEC.

Other hedge funds and other institutional investors have also bought and sold shares of the company. Victory Capital Management Inc. grew its holdings in Trimble by 1,387.6% during the 2nd quarter. Victory Capital Management Inc. now owns 3,847,921 shares of the scientific and technical instruments company’s stock worth $215,176,000 after acquiring an additional 3,589,249 shares during the last quarter. AQR Capital Management LLC lifted its holdings in shares of Trimble by 2,035.1% in the second quarter. AQR Capital Management LLC now owns 1,146,995 shares of the scientific and technical instruments company’s stock valued at $63,635,000 after purchasing an additional 1,093,275 shares in the last quarter. Charles Schwab Investment Management Inc. boosted its holdings in Trimble by 49.1% during the 3rd quarter. Charles Schwab Investment Management Inc. now owns 2,056,558 shares of the scientific and technical instruments company’s stock worth $127,692,000 after acquiring an additional 676,954 shares during the last quarter. Impax Asset Management Group plc increased its stake in Trimble by 18.7% in the 3rd quarter. Impax Asset Management Group plc now owns 2,755,576 shares of the scientific and technical instruments company’s stock valued at $169,978,000 after buying an additional 434,065 shares during the last quarter. Finally, Dimensional Fund Advisors LP lifted its holdings in Trimble by 24.5% during the second quarter. Dimensional Fund Advisors LP now owns 1,839,180 shares of the scientific and technical instruments company’s stock worth $102,842,000 after acquiring an additional 361,421 shares during the period. Institutional investors own 93.21% of the company’s stock.

Wall Street Analyst Weigh In

TRMB has been the subject of several research reports. Piper Sandler increased their price objective on Trimble from $73.00 to $84.00 and gave the company an “overweight” rating in a report on Thursday, November 7th. StockNews.com cut shares of Trimble from a “buy” rating to a “hold” rating in a report on Tuesday. JPMorgan Chase & Co. upgraded shares of Trimble from a “neutral” rating to an “overweight” rating and lifted their target price for the company from $74.00 to $92.00 in a research report on Wednesday. Finally, Robert W. Baird increased their target price on Trimble from $66.00 to $82.00 and gave the company an “outperform” rating in a research note on Friday, November 8th. One research analyst has rated the stock with a hold rating and five have given a buy rating to the stock. According to MarketBeat, the stock has an average rating of “Moderate Buy” and an average target price of $79.00.

Trimble Stock Performance

Shares of Trimble stock opened at $75.40 on Friday. Trimble Inc. has a 1 year low of $46.06 and a 1 year high of $76.97. The firm’s 50-day moving average is $66.27 and its 200 day moving average is $59.37. The stock has a market cap of $18.41 billion, a price-to-earnings ratio of 12.61, a PEG ratio of 3.16 and a beta of 1.53. The company has a debt-to-equity ratio of 0.24, a current ratio of 1.16 and a quick ratio of 1.07.

About Trimble

Trimble Inc provides technology solutions that enable professionals and field mobile workers to enhance or transform their work processes worldwide. The company's Buildings and Infrastructure segment offers field and office software for project design and visualization; systems to guide and control construction equipment; software for 3D design and data sharing; systems to monitor, track, and manage assets, equipment, and workers; software to share and communicate data; program management solutions for construction owners; 3D conceptual design and modeling software; building information modeling software; enterprise resource planning, project management, and project collaboration solutions; integrated site layout and measurement systems; cost estimating, scheduling, and project controls solutions; and applications for sub-contractors and trades.