Swiss National Bank Has $45.55 Million Stock Position in Trimble Inc. $TRMB

Swiss National Bank increased its stake in Trimble Inc. (NASDAQ:TRMB) by 7.1% during the first quarter, Holdings Channel reports. The firm owned 698,300 shares of the scientific and technical instruments company’s stock after acquiring an additional 46,100 shares during the period. Swiss National Bank’s holdings in Trimble were worth $45,550,000 at the end of the most recent reporting period.

A number of other hedge funds and other institutional investors have also bought and sold shares of TRMB. ABN Amro Investment Solutions boosted its position in shares of Trimble by 90.8% during the 4th quarter. ABN Amro Investment Solutions now owns 60,512 shares of the scientific and technical instruments company’s stock worth $4,741,000 after acquiring an additional 28,791 shares in the last quarter. Sivia Capital Partners LLC bought a new position in Trimble in the second quarter valued at approximately $208,000. SG Americas Securities LLC raised its position in Trimble by 164.8% during the fourth quarter. SG Americas Securities LLC now owns 254,339 shares of the scientific and technical instruments company’s stock valued at $19,927,000 after purchasing an additional 158,287 shares in the last quarter. Swedbank AB lifted its stake in 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 purchasing an additional 190,638 shares during the last quarter. Finally, National Pension Service lifted its stake in Trimble by 49.4% during 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 purchasing an additional 18,897 shares during the last quarter. Institutional investors and hedge funds own 93.21% of the company’s stock.

Wall Street Analysts Forecast Growth

TRMB has been the topic of several recent analyst reports. Raymond James Financial lowered Trimble from an “outperform” rating to a “market perform” rating in a research note on Wednesday. Oppenheimer restated an “outperform” rating and set a $80.00 price objective on shares of Trimble in a research report on Tuesday, July 7th. Zacks Research lowered Trimble from a “strong-buy” rating to a “hold” rating in a research note on Monday, April 13th. JPMorgan Chase & Co. decreased their target price on Trimble from $88.00 to $75.00 and set an “overweight” rating on the stock in a research report on Monday, July 13th. Finally, Robert W. Baird lowered their target price on Trimble from $90.00 to $85.00 and set an “outperform” rating for the company in a research note on Monday, March 30th. Nine research analysts have rated the stock with a Buy rating and three have issued a Hold rating to the company’s stock. According to MarketBeat.com, the stock currently has a consensus rating of “Moderate Buy” and an average target price of $83.78.

Trimble Stock Performance

NASDAQ TRMB opened at $50.10 on Thursday. The firm’s fifty day moving average price is $52.93 and its two-hundred day moving average price is $62.80. The stock has a market cap of $11.68 billion, a PE ratio of 26.37, a PEG ratio of 1.73 and a beta of 1.38. 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 Inc. has a fifty-two week low of $47.92 and a fifty-two week high of $87.50.

Trimble (NASDAQ:TRMB) last announced its quarterly earnings results on Wednesday, May 6th. The scientific and technical instruments company reported $0.79 EPS for the quarter, beating 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 company had revenue of $939.90 million during the quarter, compared to analysts’ expectations of $905.60 million. During the same period in the prior year, the company earned $0.61 EPS. Trimble’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. On average, equities analysts expect that Trimble Inc. will post 3 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.