Callan Family Office LLC acquired a new position in shares of Trimble Inc. (NASDAQ:TRMB - Free Report) in the 2nd quarter, according to its most recent disclosure with the SEC. The fund acquired 38,242 shares of the scientific and technical instruments company's stock, valued at approximately $1,957,000.
A number of other institutional investors and hedge funds have also recently modified their holdings of TRMB. Rothschild Investment LLC lifted its holdings in Trimble by 193.6% during the 4th quarter. Rothschild Investment LLC now owns 323 shares of the scientific and technical instruments company's stock worth $25,000 after buying an additional 213 shares during the last quarter. DV Equities LLC purchased a new position in shares of Trimble in the 4th quarter valued at about $26,000. Bank of Jackson Hole Trust acquired a new stake in shares of Trimble during the 4th quarter worth about $27,000. Quarry LP raised its position in shares of Trimble by 175.8% during the 3rd quarter. Quarry LP now owns 364 shares of the scientific and technical instruments company's stock worth $30,000 after acquiring an additional 232 shares in the last quarter. Finally, BOKF NA lifted its stake in Trimble by 103.8% during the fourth quarter. BOKF NA now owns 426 shares of the scientific and technical instruments company's stock worth $33,000 after purchasing an additional 217 shares during the last quarter. Institutional investors and hedge funds own 93.21% of the company's stock.
Insider Transactions at Trimble
In other Trimble news, Director Kaigham Gabriel sold 1,718 shares of the company's stock in a transaction 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 completion of the transaction, the director owned 17,426 shares in the company, valued at approximately $1,045,560. This represents a 8.97% decrease in their position. The sale was disclosed in a filing with the Securities & Exchange Commission, which can be accessed through the SEC website. The transaction was executed under a pre-arranged Rule 10b5-1 trading plan. Corporate insiders own 0.59% of the company's stock.
Trimble Stock Performance
Shares of TRMB stock opened at $60.25 on Monday. The company has a market capitalization of $14.05 billion, a P/E ratio of -122.96, a price-to-earnings-growth ratio of 1.94 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. The business's 50 day moving average is $54.06 and its two-hundred day moving average is $60.12. Trimble Inc. has a twelve month low of $47.92 and a twelve month high of $84.42.
Trimble (NASDAQ:TRMB - Get Free Report) last released its quarterly earnings results on Wednesday, August 12th. The scientific and technical instruments company reported $0.86 EPS for the quarter, topping the consensus estimate 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 analysts' expectations of $952.09 million. During the same quarter in the prior year, the business earned $0.71 earnings per share. The company's quarterly revenue 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. Equities analysts forecast that Trimble Inc. will post 3.1 EPS for the current year.
Analysts Set New Price Targets
Several equities analysts have commented on the stock. 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. Wall Street Zen upgraded shares of Trimble from a "hold" rating to a "buy" rating in a research note on Sunday. Weiss Ratings lowered Trimble from a "hold (c-)" rating to a "sell (d)" rating in a report on Thursday, August 13th. Barclays lifted their target price on Trimble from $79.00 to $80.00 and gave the stock an "overweight" rating in a research report on Wednesday. Finally, JPMorgan Chase & Co. boosted their target price on Trimble from $75.00 to $76.00 and gave the company an "overweight" rating in a report on Thursday, August 13th. Nine research analysts have rated the stock with a Buy rating, two have assigned a Hold rating and one has assigned a Sell rating to the company. Based on data from MarketBeat.com, the stock currently has an average rating of "Moderate Buy" and a consensus price target of $81.78.
Get Our Latest Research Report on TRMB
Trimble Company Profile
(
Free Report)
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.
Read More
Want to see what other hedge funds are holding TRMB? Visit HoldingsChannel.com to get the latest 13F filings and insider trades for Trimble Inc. (NASDAQ:TRMB - Free Report).
This instant news alert was generated by narrative science technology and financial data from MarketBeat in order to provide readers with the fastest reporting and unbiased coverage. Please send any questions or comments about this story to contact@marketbeat.com.
Continue following MarketBeat
Add MarketBeat as your preferred source on Google to see our latest stories in your feed.
Before you consider Trimble, you'll want to hear this.
MarketBeat keeps track of Wall Street's top-rated and best performing research analysts and the stocks they recommend to their clients on a daily basis. MarketBeat has identified the five stocks that top analysts are quietly whispering to their clients to buy now before the broader market catches on... and Trimble wasn't on the list.
While Trimble currently has a Moderate Buy rating among analysts, top-rated analysts believe these five stocks are better buys.
View The Five Stocks Here
The space race is growing fast, and you don’t have to have gotten in early on SpaceX to profit. This report shows seven space stocks you can buy today that may grow as rockets, satellites, defense, space internet, and new space technology become more important.
Get This Free Report
Like this article? Share it with a colleague.
Link copied to clipboard.
