Danica Pension Livsforsikringsaktieselskab Has $24.18 Million Stock Position in Trimble Inc. $TRMB

Danica Pension Livsforsikringsaktieselskab lessened its stake in shares of Trimble Inc. (NASDAQ:TRMB) by 46.7% during the first quarter, according to its most recent filing with the Securities and Exchange Commission (SEC). The institutional investor owned 370,675 shares of the scientific and technical instruments company’s stock after selling 324,325 shares during the quarter. Danica Pension Livsforsikringsaktieselskab’s holdings in Trimble were worth $24,179,000 at the end of the most recent reporting period.

Several other large investors also recently made changes to their positions in the company. Vanguard Group Inc. increased its position in Trimble by 1.0% in the 4th quarter. Vanguard Group Inc. now owns 30,570,278 shares of the scientific and technical instruments company’s stock valued at $2,395,181,000 after buying an additional 304,461 shares in the last quarter. State Street Corp raised its stake in Trimble by 0.4% during the 3rd quarter. State Street Corp now owns 10,951,409 shares of the scientific and technical instruments company’s stock worth $894,183,000 after buying an additional 43,285 shares during the period. Geode Capital Management LLC boosted its holdings in Trimble by 0.9% in the fourth quarter. Geode Capital Management LLC now owns 6,309,075 shares of the scientific and technical instruments company’s stock worth $492,426,000 after acquiring an additional 55,073 shares in the last quarter. Wellington Management Group LLP boosted its holdings in Trimble by 126.0% in the fourth 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 acquiring an additional 3,455,949 shares in the last quarter. Finally, Massachusetts Financial Services Co. MA grew its stake in Trimble by 19.1% in the fourth quarter. Massachusetts Financial Services Co. MA now owns 4,217,742 shares of the scientific and technical instruments company’s stock valued at $330,460,000 after acquiring an additional 675,134 shares during the period. 93.21% of the stock is currently owned by institutional investors and hedge funds.

Trimble Stock Performance

Shares of TRMB opened at $51.85 on Wednesday. The firm has a market capitalization of $12.09 billion, a P/E ratio of 27.29, a P/E/G ratio of 1.77 and a beta of 1.38. Trimble Inc. has a 52 week low of $47.92 and a 52 week high of $87.50. The stock has a 50 day moving average price of $53.02 and a two-hundred day moving average price of $63.00. 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) last posted its earnings results on Wednesday, May 6th. The scientific and technical instruments company reported $0.79 earnings per share for the quarter, beating analysts’ consensus estimates of $0.72 by $0.07. The company had revenue of $939.90 million for the quarter, compared to analyst estimates of $905.60 million. Trimble had a return on equity of 11.61% and a net margin of 12.38%.The company’s revenue for the quarter was up 11.8% on a year-over-year basis. During the same quarter last year, the company earned $0.61 earnings per share. Trimble has set its Q2 2026 guidance at 0.780-0.820 EPS and its FY 2026 guidance at 3.470-3.640 EPS. Equities analysts forecast that Trimble Inc. will post 3 earnings per share for the current fiscal year.

Analysts Set New Price Targets

Several research firms have recently commented on TRMB. Weiss Ratings downgraded Trimble from a “hold (c)” rating to a “hold (c-)” rating in a report on Thursday, June 4th. JPMorgan Chase & Co. cut their target price on Trimble from $88.00 to $75.00 and set an “overweight” rating on the stock in a report on Monday, July 13th. Wells Fargo & Company reduced their price target on shares of Trimble from $70.00 to $61.00 and set an “overweight” rating for the company in a research report on Tuesday, July 14th. Piper Sandler decreased their price target on shares of Trimble from $97.00 to $87.00 and set an “overweight” rating for the company in a research note on Wednesday, May 6th. Finally, Barclays lowered their price objective on shares of Trimble from $103.00 to $79.00 and set an “overweight” rating on the stock in a report on Friday, May 29th. Ten investment analysts have rated the stock with a Buy rating and two have issued a Hold rating to the company. Based on data from MarketBeat, the stock has a consensus rating of “Moderate Buy” and an average target price of $83.78.

Trimble 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.