390,967 Shares in Trimble Inc. $TRMB Purchased by Grandfield & Dodd LLC

Key Points

• Grandfield & Dodd LLC acquired 390,967 Trimble shares worth approximately $20.0 million during the second quarter, while institutional investors collectively owned 93.21% of the company.
• Trimble reported quarterly EPS of $0.86, beating estimates by $0.06, while revenue rose 11% year over year to $972 million. The company guided for third-quarter 2026 EPS of $0.83–$0.88 and full-year EPS of $3.60–$3.70.
• Shares opened at $55.69 and remain well below their 12-month high of $84.42. Despite mixed analyst actions, Trimble retains a “Moderate Buy” consensus rating with an average price target of $81.67.

Grandfield & Dodd LLC acquired a new position in Trimble Inc. (NASDAQ:TRMB - Free Report) during the 2nd quarter, according to its most recent 13F filing with the Securities & Exchange Commission. The institutional investor acquired 390,967 shares of the scientific and technical instruments company's stock, valued at approximately $20,010,000. Grandfield & Dodd LLC owned about 0.17% of Trimble at the end of the most recent quarter.

A number of other large investors have also added to or reduced their stakes in TRMB. Assenagon Asset Management S.A. boosted its position in Trimble by 29.4% during the second quarter. Assenagon Asset Management S.A. now owns 347,691 shares of the scientific and technical instruments company's stock valued at $17,795,000 after buying an additional 79,069 shares during the period. ABN Amro Investment Solutions grew its position in shares of Trimble by 90.8% in 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 buying an additional 28,791 shares during the last quarter. Swedbank AB boosted its holdings in Trimble by 60.0% in the fourth quarter. Swedbank AB now owns 508,180 shares of the scientific and technical instruments company's stock valued at $39,816,000 after acquiring an additional 190,638 shares in the last quarter. Sivia Capital Partners LLC purchased a new position in shares of Trimble during the second quarter valued at about $208,000. Finally, National Pension Service grew its holdings in shares of Trimble by 49.4% during the 4th 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. Hedge funds and other institutional investors own 93.21% of the company's stock.

Trimble Stock Down 3.3%

NASDAQ:TRMB opened at $55.69 on Tuesday. The company has a market cap of $12.98 billion, a price-to-earnings ratio of -113.65, a price-to-earnings-growth ratio of 1.91 and a beta of 1.37. 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 Inc. has a twelve month low of $47.92 and a twelve month high of $84.42. The stock has a fifty day simple moving average of $53.42 and a 200-day simple moving average of $60.38.

Trimble (NASDAQ:TRMB - Get Free Report) last announced 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 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 firm had revenue of $972.00 million during the quarter, compared to analyst estimates of $952.09 million. During the same quarter in the previous year, the business earned $0.71 earnings per share. Trimble's quarterly revenue was up 11.0% on a year-over-year basis. 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 Inc. will post 3.01 EPS for the current year.

Insider Activity

In related news, Director Kaigham Gabriel sold 1,718 shares of Trimble 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 transaction, the director directly owned 17,426 shares of the company's stock, valued at $1,045,560. This trade represents a 8.97% decrease in their ownership of the stock. The sale was disclosed in a filing with the SEC, which is available through this link. The transaction was executed under a pre-arranged Rule 10b5-1 trading plan. Corporate insiders own 0.59% of the company's stock.

Analysts Set New Price Targets

A number of research firms have recently weighed in on TRMB. Oppenheimer reaffirmed an "outperform" rating and issued a $80.00 target price on shares of Trimble in a research report on Tuesday, July 7th. Weiss Ratings cut shares of Trimble from a "hold (c-)" rating to a "sell (d)" rating in a report on Thursday. Piper Sandler restated an "overweight" rating and set a $87.00 target price on shares of Trimble in a research note on Thursday, August 13th. Barclays reduced their price target 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. Finally, Raymond James Financial cut Trimble from a "moderate buy" rating to a "hold" rating in a report on Wednesday, July 22nd. Nine research analysts have rated the stock with a Buy rating, two have issued a Hold rating and one has assigned a Sell rating to the company's stock. Based on data from MarketBeat.com, Trimble currently has an average rating of "Moderate Buy" and a consensus price target of $81.67.

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.

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