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

Shares of Trimble Inc. (NASDAQ:TRMB) have earned a consensus recommendation of “Moderate Buy” from the twelve analysts that are covering the company, Marketbeat.com reports. One research analyst has rated the stock with a sell rating, two have given a hold rating and nine have given a buy rating to the company. The average twelve-month price objective among brokers that have issued a report on the stock in the last year is $81.7778.

TRMB has been the subject of a number of recent analyst reports. Oppenheimer reiterated an “outperform” rating and set a $80.00 target price on shares of Trimble in a research report on Tuesday, July 7th. Piper Sandler restated an “overweight” rating and issued a $87.00 price target on shares of Trimble in a research report on Thursday, August 13th. Weiss Ratings downgraded Trimble from a “hold (c-)” rating to a “sell (d)” rating in a research note on Thursday, August 13th. JPMorgan Chase & Co. boosted their price target on Trimble from $75.00 to $76.00 and gave the company an “overweight” rating in a research note on Thursday, August 13th. Finally, Raymond James Financial cut shares of Trimble from a “moderate buy” rating to a “hold” rating in a research report on Wednesday, July 22nd.

Insider Activity at Trimble

In other news, Director Kaigham Gabriel sold 1,718 shares of the company’s stock in a transaction that occurred 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 owned 17,426 shares of the company’s stock, valued at approximately $1,045,560. This represents a 8.97% decrease in their position. The sale was disclosed in a legal filing with the SEC, which is accessible 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.

Institutional Inflows and Outflows

Several institutional investors have recently added to or reduced their stakes in the company. Assenagon Asset Management S.A. lifted its holdings in Trimble by 29.4% during the 2nd quarter. Assenagon Asset Management S.A. now owns 347,691 shares of the scientific and technical instruments company’s stock worth $17,795,000 after buying an additional 79,069 shares during the period. ABN Amro Investment Solutions increased its stake in shares of Trimble by 90.8% in the fourth quarter. ABN Amro Investment Solutions now owns 60,512 shares of the scientific and technical instruments company’s stock valued at $4,741,000 after buying an additional 28,791 shares during the period. Swedbank AB raised its position in shares of Trimble by 60.0% during the fourth quarter. Swedbank AB now owns 508,180 shares of the scientific and technical instruments company’s stock worth $39,816,000 after acquiring an additional 190,638 shares during the last quarter. Sivia Capital Partners LLC bought a new position in shares of Trimble during the second quarter worth about $208,000. Finally, National Pension Service lifted its stake in shares of Trimble by 49.4% in the fourth quarter. National Pension Service now owns 57,132 shares of the scientific and technical instruments company’s stock worth $4,476,000 after acquiring an additional 18,897 shares during the period. 93.21% of the stock is currently owned by institutional investors and hedge funds.

Trimble Stock Up 1.4%

Shares of TRMB opened at $57.66 on Tuesday. 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 has a 12 month low of $47.92 and a 12 month high of $84.42. The firm’s 50 day moving average is $56.70 and its 200-day moving average is $59.44. The stock has a market capitalization of $13.45 billion, a PE ratio of -117.67, a P/E/G ratio of 1.87 and a beta of 1.36.

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, beating the consensus estimate 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 revenue for the quarter was up 11.0% compared to the same quarter last year. During the same period 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. Equities research analysts forecast that Trimble will post 3.08 EPS for the current year.

Trimble Company Profile

Trimble Inc develops technology solutions that help organizations connect the physical and digital worlds. Its portfolio combines positioning and navigation technologies, specialized hardware, software, and data services to support workflows in industries such as construction, geospatial, transportation, utilities, natural resources, and government.

The company’s products and services include surveying and mapping equipment, machine control and construction management software, 3D modeling and building information management tools, field and project collaboration platforms, and transportation and logistics solutions.