Impax Asset Management Group plc Sells 379,724 Shares of Trimble Inc. $TRMB

Key Points

• Impax Asset Management cut its stake in Trimble by 19.9% in Q4, selling 379,724 shares and now holds 1,530,754 shares (about 0.64% of the company) worth roughly $119.94 million per its latest 13F.
• Insiders have sold a total of 31,725 shares (~$2.15 million) in the past 90 days—including CEO Robert G. Painter and VP Mark D. Schwartz—transactions executed under pre-arranged Rule 10b5‑1 plans to cover tax withholding on vested awards.
• Analysts show a consensus of “Moderate Buy” (10 Buys, 2 Holds) with an average price target of $92.78, while Trimble beat Q4 EPS estimates ($1.00 vs. $0.96) and issued FY2026 guidance of $3.420–$3.620 and Q1 guidance of $0.690–$0.740.

Impax Asset Management Group plc decreased its holdings in shares of Trimble Inc. (NASDAQ:TRMB - Free Report) by 19.9% in the fourth quarter, according to the company in its most recent Form 13F filing with the Securities & Exchange Commission. The firm owned 1,530,754 shares of the scientific and technical instruments company's stock after selling 379,724 shares during the period. Impax Asset Management Group plc owned about 0.64% of Trimble worth $119,935,000 as of its most recent SEC filing.

Other hedge funds and other institutional investors have also recently added to or reduced their stakes in the company. Salomon & Ludwin LLC bought a new position in Trimble during the third quarter worth about $25,000. Toth Financial Advisory Corp bought a new position in Trimble during the fourth quarter worth about $27,000. Root Financial Partners LLC bought a new position in Trimble during the third quarter worth about $30,000. Hantz Financial Services Inc. raised its stake in shares of Trimble by 90.8% in the third quarter. Hantz Financial Services Inc. now owns 372 shares of the scientific and technical instruments company's stock valued at $30,000 after acquiring an additional 177 shares during the last quarter. Finally, Quarry LP boosted its holdings in shares of Trimble by 175.8% in 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. Institutional investors own 93.21% of the company's stock.

Analyst Upgrades and Downgrades

Several research analysts have recently commented on TRMB shares. Barclays boosted their target price on Trimble from $101.00 to $103.00 and gave the stock an "overweight" rating in a report on Friday, March 6th. Wall Street Zen cut shares of Trimble from a "buy" rating to a "hold" rating in a research report on Saturday, April 4th. Wells Fargo & Company dropped their price objective on shares of Trimble from $94.00 to $79.00 and set an "overweight" rating for the company in a research report on Thursday, February 12th. Sanford C. Bernstein restated an "outperform" rating on shares of Trimble in a research report on Wednesday, February 11th. Finally, Robert W. Baird dropped their price objective on shares of Trimble from $90.00 to $85.00 and set an "outperform" rating for the company in a research report on Monday, March 30th. Ten analysts have rated the stock with a Buy rating and two have issued a Hold rating to the stock. According to MarketBeat, the company has an average rating of "Moderate Buy" and an average price target of $92.78.

Insiders Place Their Bets

In other news, CEO Robert G. Painter sold 7,500 shares of the business's stock in a transaction on Tuesday, April 14th. The shares were sold at an average price of $66.94, for a total value of $502,050.00. Following the completion of the transaction, the chief executive officer owned 11,897 shares of the company's stock, valued at $796,385.18. The trade was a 38.67% decrease in their position. The sale was disclosed in a filing with the Securities & Exchange Commission, which is available at this hyperlink. The transaction was executed under a pre-arranged Rule 10b5-1 trading plan. The sale was made to cover tax withholding obligations related to the vesting of equity awards. Also, VP Mark David Schwartz sold 16,725 shares of the business's stock in a transaction on Thursday, April 16th. The shares were sold at an average price of $67.01, for a total transaction of $1,120,742.25. Following the completion of the transaction, the vice president directly owned 19,668 shares of the company's stock, valued at $1,317,952.68. This trade represents a 45.96% decrease in their position. Additional details regarding this sale are available in the official SEC disclosure. The transaction was executed under a pre-arranged Rule 10b5-1 trading plan. The sale was made to cover tax withholding obligations related to the vesting of equity awards. Insiders have sold a total of 31,725 shares of company stock valued at $2,151,167 in the last ninety days. Company insiders own 0.54% of the company's stock.

Trimble Price Performance

TRMB opened at $67.35 on Friday. The company has a fifty day moving average price of $66.85 and a two-hundred day moving average price of $73.60. The company has a debt-to-equity ratio of 0.24, a quick ratio of 0.96 and a current ratio of 1.09. Trimble Inc. has a 52 week low of $60.18 and a 52 week high of $87.50. The firm has a market capitalization of $15.63 billion, a PE ratio of 38.49, a P/E/G ratio of 2.24 and a beta of 1.53.

Trimble (NASDAQ:TRMB - Get Free Report) last released its earnings results on Tuesday, February 10th. The scientific and technical instruments company reported $1.00 EPS for the quarter, topping analysts' consensus estimates of $0.96 by $0.04. Trimble had a net margin of 11.82% and a return on equity of 11.18%. The firm had revenue of $969.80 million during the quarter, compared to analyst estimates of $949.97 million. During the same quarter in the previous year, the business earned $0.89 EPS. The business's quarterly revenue was down 1.4% compared to the same quarter last year. Trimble has set its FY 2026 guidance at 3.420-3.620 EPS and its Q1 2026 guidance at 0.690-0.740 EPS. As a group, analysts anticipate that Trimble Inc. will post 3 earnings per share for the current year.

About Trimble

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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