Trimble Inc. (NASDAQ:TRMB) Given Consensus Recommendation of “Moderate Buy” by Brokerages

Trimble Inc. (NASDAQ:TRMB) has earned a consensus recommendation of “Moderate Buy” from the twelve ratings firms that are currently covering the firm, MarketBeat reports. Two analysts have rated the stock with a hold recommendation and ten have issued a buy recommendation on the company. The average 1 year price objective among brokerages that have issued ratings on the stock in the last year is $90.00.

A number of analysts have issued reports on the company. Barclays lifted their price objective on Trimble from $101.00 to $103.00 and gave the stock an “overweight” rating in a research note on Friday, March 6th. Wells Fargo & Company reduced their price objective on Trimble from $79.00 to $70.00 and set an “overweight” rating on the stock in a research note on Thursday, May 7th. Zacks Research downgraded Trimble from a “strong-buy” rating to a “hold” rating in a research report on Monday, April 13th. Wall Street Zen raised Trimble from a “hold” rating to a “buy” rating in a research report on Saturday. Finally, Weiss Ratings reissued a “hold (c)” rating on shares of Trimble in a research report on Wednesday, January 21st.

Trimble Stock Performance

NASDAQ:TRMB opened at $56.51 on Wednesday. The company has a debt-to-equity ratio of 0.25, a current ratio of 1.01 and a quick ratio of 0.88. Trimble has a 1 year low of $56.35 and a 1 year high of $87.50. The stock’s 50 day simple moving average is $66.21 and its two-hundred day simple moving average is $72.49. The company has a market cap of $13.17 billion, a price-to-earnings ratio of 29.74, a PEG ratio of 1.94 and a beta of 1.45.

Trimble (NASDAQ:TRMB) last released 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 analysts’ consensus estimates of $0.72 by $0.07. Trimble had a return on equity of 11.61% and a net margin of 12.38%.The business had revenue of $939.90 million for the quarter, compared to the consensus estimate of $905.60 million. During the same quarter in the previous year, the company posted $0.61 EPS. The company’s revenue was up 11.8% compared to the same quarter last year. Trimble has set its Q2 2026 guidance at 0.780-0.820 EPS and its FY 2026 guidance at 3.470-3.640 EPS. As a group, equities analysts anticipate that Trimble will post 3 earnings per share for the current fiscal year.

Insider Activity at Trimble

In other news, VP Mark David Schwartz sold 16,725 shares of Trimble stock in a transaction on Thursday, April 16th. The stock was sold at an average price of $67.01, for a total transaction of $1,120,742.25. Following the completion of the sale, the vice president directly owned 19,668 shares in the company, valued at approximately $1,317,952.68. This trade represents a 45.96% decrease in their ownership of the stock. The transaction was disclosed in a document filed with the Securities & Exchange Commission, which can be accessed through this link. 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, CEO Robert G. Painter sold 7,500 shares of the business’s stock in a transaction on Tuesday, April 14th. The shares were sold at an average price of $66.94, for a total transaction of $502,050.00. Following the sale, the chief executive officer directly owned 11,897 shares of the company’s stock, valued at $796,385.18. This represents a 38.67% 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. In the last three months, insiders have sold 31,725 shares of company stock worth $2,151,167. Corporate insiders own 0.59% of the company’s stock.

Hedge Funds Weigh In On Trimble

Hedge funds and other institutional investors have recently made changes to their positions in the company. Salomon & Ludwin LLC purchased a new stake in shares of Trimble during the 3rd quarter worth $25,000. Rothschild Investment LLC raised its stake in Trimble by 193.6% in the fourth quarter. Rothschild Investment LLC now owns 323 shares of the scientific and technical instruments company’s stock valued at $25,000 after buying an additional 213 shares during the last quarter. DV Equities LLC acquired a new position in shares of Trimble in the fourth quarter valued at about $26,000. Toth Financial Advisory Corp acquired a new position in shares of Trimble in the fourth quarter valued at about $27,000. Finally, Bank of Jackson Hole Trust acquired a new position in shares of Trimble in the fourth quarter valued at about $27,000. Institutional investors own 93.21% of the company’s stock.

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.