Trimble Inc. (NASDAQ:TRMB) Receives Average Recommendation of "Moderate Buy" from Analysts

Key Points

• Analysts maintain a “Moderate Buy” consensus on Trimble, with nine buy ratings, two holds and one sell among 12 covering firms. The average 12-month price target is $81.78, well above the reported $59.47 share price.
• Trimble exceeded quarterly expectations, reporting $0.86 EPS versus the $0.80 consensus and $972 million in revenue, up 11% year over year. Management provided Q3 fiscal 2026 EPS guidance of $0.83–$0.88 and full-year guidance of $3.60–$3.70.
• Institutional ownership is substantial at 93.21%, with major investors including BlackRock, California State Teachers’ Retirement System and Generation Investment Management increasing or initiating positions.

Shares of Trimble Inc. (NASDAQ:TRMB - Get Free Report) have been assigned an average rating of "Moderate Buy" from the twelve research firms that are covering the company, MarketBeat reports. One equities research analyst has rated the stock with a sell rating, two have given a hold rating and nine have assigned a buy rating to the company. The average twelve-month price target among brokers that have updated their coverage on the stock in the last year is $81.7778.

TRMB has been the subject of a number of analyst reports. Barclays boosted their price target on Trimble from $79.00 to $80.00 and gave the stock an "overweight" rating in a research report on Wednesday, August 19th. Weiss Ratings cut shares of Trimble from a "hold (c-)" rating to a "sell (d)" rating in a research note on Thursday, August 13th. Oppenheimer reaffirmed an "outperform" rating and issued a $80.00 price objective on shares of Trimble in a report on Tuesday, July 7th. Wall Street Zen cut shares of Trimble from a "buy" rating to a "hold" rating in a research note on Saturday. Finally, JPMorgan Chase & Co. raised their target price on shares of Trimble from $75.00 to $76.00 and gave the company an "overweight" rating in a research note on Thursday, August 13th.

Trimble Price Performance

Shares of NASDAQ:TRMB opened at $59.47 on Tuesday. The firm's 50 day moving average is $56.28 and its two-hundred day moving average is $59.65. The firm has a market capitalization of $13.87 billion, a P/E ratio of -121.36, a PEG ratio of 1.93 and a beta of 1.36. 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 52 week low of $47.92 and a 52 week high of $84.42.

Trimble (NASDAQ:TRMB - Get Free Report) last issued its quarterly earnings data on Wednesday, August 12th. The scientific and technical instruments company reported $0.86 earnings per share (EPS) for the quarter, topping analysts' consensus estimates of $0.80 by $0.06. Trimble had a positive return on equity of 12.29% and a negative net margin of 2.77%.The business had revenue of $972.00 million during the quarter, compared to analyst estimates of $952.09 million. During the same period in the prior year, the company posted $0.71 EPS. The business's revenue for the quarter was up 11.0% compared to the same quarter last year. Trimble has set its Q3 2026 guidance at 0.830-0.880 EPS and its FY 2026 guidance at 3.600-3.700 EPS. Analysts anticipate that Trimble will post 3.08 earnings per share for the current year.

Insider Activity at Trimble

In related news, Director Kaigham Gabriel sold 1,718 shares of the business's stock in a transaction that occurred on Tuesday, August 4th. The stock was sold at an average price of $60.00, for a total transaction of $103,080.00. Following the sale, the director owned 17,426 shares of the company's stock, valued at $1,045,560. The trade was a 8.97% decrease in their ownership of the stock. The sale was disclosed in a document filed with the Securities & Exchange Commission, which is available at the SEC website. The transaction was executed under a pre-arranged Rule 10b5-1 trading plan. 0.59% of the stock is owned by corporate insiders.

Hedge Funds Weigh In On Trimble

Several hedge funds have recently modified their holdings of the company. BlackRock Inc. bought a new stake in Trimble during the second quarter worth approximately $1,096,304,000. California State Teachers Retirement System increased its holdings in shares of Trimble by 3,136.2% in the second quarter. California State Teachers Retirement System now owns 13,865,174 shares of the scientific and technical instruments company's stock valued at $709,620,000 after buying an additional 13,436,735 shares in the last quarter. Generation Investment Management LLP acquired a new stake in shares of Trimble during the 2nd quarter valued at $367,994,000. Primecap Management Co. CA acquired a new stake in shares of Trimble during the 2nd quarter valued at $200,405,000. Finally, Wellington Management Group LLP boosted its stake in shares of Trimble by 126.0% during the 4th 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. 93.21% of the stock is currently owned by institutional investors and hedge funds.

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.

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