Aurora Investment Counsel Acquires Shares of 37,588 Trimble Inc. $TRMB

Key Points

• Aurora Investment Counsel acquired 37,588 Trimble shares during the second quarter, valued at approximately $1.92 million. Institutional investors collectively own 93.21% of TRMB.
• Analysts maintain a generally positive outlook, with nine Buy ratings, two Holds and one Sell; the stock has a “Moderate Buy” consensus and an average price target of $81.78.
• Trimble exceeded quarterly expectations, reporting $0.86 in EPS and $972 million in revenue, up 11% year over year. The company issued third-quarter EPS guidance of $0.83–$0.88 and full-year 2026 guidance of $3.60–$3.70.

Aurora Investment Counsel acquired a new stake in Trimble Inc. (NASDAQ:TRMB - Free Report) in the 2nd quarter, according to its most recent Form 13F filing with the Securities & Exchange Commission. The institutional investor acquired 37,588 shares of the scientific and technical instruments company's stock, valued at approximately $1,924,000.

Other hedge funds have also modified their holdings of the company. Rothschild Investment LLC increased its holdings in shares of Trimble by 193.6% in the fourth quarter. Rothschild Investment LLC now owns 323 shares of the scientific and technical instruments company's stock valued at $25,000 after purchasing an additional 213 shares during the period. DV Equities LLC acquired a new stake in shares of Trimble during the fourth quarter worth $26,000. Bank of Jackson Hole Trust purchased a new position in Trimble in the 4th quarter valued at $27,000. Quarry LP grew its position in Trimble by 175.8% in the 3rd quarter. Quarry LP now owns 364 shares of the scientific and technical instruments company's stock valued at $30,000 after buying an additional 232 shares during the last quarter. Finally, BOKF NA increased its stake in Trimble by 103.8% in the 4th quarter. BOKF NA now owns 426 shares of the scientific and technical instruments company's stock valued at $33,000 after buying an additional 217 shares during the period. 93.21% of the stock is currently owned by hedge funds and other institutional investors.

Wall Street Analysts Forecast Growth

A number of brokerages have commented on TRMB. JPMorgan Chase & Co. upped their price objective on shares of Trimble from $75.00 to $76.00 and gave the stock an "overweight" rating in a research report on Thursday, August 13th. Piper Sandler reaffirmed an "overweight" rating and issued a $87.00 target price on shares of Trimble in a report on Thursday, August 13th. Wells Fargo & Company dropped their price target on shares of Trimble from $70.00 to $61.00 and set an "overweight" rating on the stock in a research note on Tuesday, July 14th. Weiss Ratings cut shares of Trimble from a "hold (c-)" rating to a "sell (d)" rating in a report on Thursday, August 13th. Finally, Sanford C. Bernstein reduced their price objective on shares of Trimble from $85.00 to $73.00 and set an "outperform" rating for the company in a research report on Thursday, August 13th. Nine investment analysts have rated the stock with a Buy rating, two have assigned a Hold rating and one has given a Sell rating to the stock. According to MarketBeat.com, the company has an average rating of "Moderate Buy" and an average price target of $81.78.

Insider Activity

In other 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 position. The sale was disclosed in a legal filing with the Securities & Exchange Commission, which is available 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.

Trimble Stock Performance

Shares of TRMB opened at $59.25 on Thursday. The company has a quick ratio of 0.82, a current ratio of 0.95 and a debt-to-equity ratio of 0.28. Trimble Inc. has a 52-week low of $47.92 and a 52-week high of $84.42. The company has a 50-day simple moving average of $53.67 and a 200-day simple moving average of $60.23. The company has a market capitalization of $13.82 billion, a PE ratio of -120.92, a P/E/G ratio of 1.89 and a beta of 1.37.

Trimble (NASDAQ:TRMB - Get Free Report) last released its quarterly earnings data on Wednesday, August 12th. The scientific and technical instruments company reported $0.86 EPS for the quarter, topping analysts' consensus estimates of $0.80 by $0.06. Trimble had a negative net margin of 2.77% and a positive return on equity of 12.29%. The firm had revenue of $972.00 million for the quarter, compared to the consensus estimate of $952.09 million. During the same quarter in the previous year, the firm earned $0.71 earnings per share. The firm's 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. Equities research analysts predict that Trimble Inc. will post 3.01 earnings per share for the current fiscal year.

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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