Mitsubishi UFJ Trust & Banking Corp Sells 16,980 Shares of Trimble Inc. $TRMB

Key Points

• Mitsubishi UFJ Trust & Banking Corp reduced its Trimble stake by 14.9% in Q4, selling 16,980 shares and now holding 96,931 shares valued at about $7.6 million per its SEC filing.
• Company insiders sold shares: VP Mark David Schwartz sold 16,725 shares and CEO Robert G. Painter sold 7,500 shares under pre-arranged Rule 10b5-1 plans to cover tax withholding, with insiders disposing of 31,725 shares (~$2.15M) in the past three months.
• Fundamentals and analyst view: Trimble beat Q4 EPS estimates ($1.00 vs. $0.96) and provided FY2026 EPS guidance of 3.420–3.620, while analysts maintain a consensus "Moderate Buy" with an average target of $92.78 as the stock trades around $68.42 (P/E ~39.1).

Mitsubishi UFJ Trust & Banking Corp reduced its stake in Trimble Inc. (NASDAQ:TRMB - Free Report) by 14.9% in the fourth quarter, according to its most recent filing with the Securities and Exchange Commission. The fund owned 96,931 shares of the scientific and technical instruments company's stock after selling 16,980 shares during the quarter. Mitsubishi UFJ Trust & Banking Corp's holdings in Trimble were worth $7,595,000 as of its most recent SEC filing.

Other hedge funds have also recently bought and sold shares of the company. SG Americas Securities LLC increased its stake in Trimble by 30.9% in the third quarter. SG Americas Securities LLC now owns 96,052 shares of the scientific and technical instruments company's stock valued at $7,843,000 after acquiring an additional 22,650 shares during the last quarter. Sumitomo Mitsui DS Asset Management Company Ltd lifted its stake in Trimble by 31.5% during the third quarter. Sumitomo Mitsui DS Asset Management Company Ltd now owns 146,283 shares of the scientific and technical instruments company's stock worth $11,944,000 after purchasing an additional 35,015 shares during the last quarter. Essex Investment Management Co. LLC boosted its holdings in shares of Trimble by 168.8% in the 3rd quarter. Essex Investment Management Co. LLC now owns 45,669 shares of the scientific and technical instruments company's stock worth $3,729,000 after purchasing an additional 28,676 shares in the last quarter. Robeco Institutional Asset Management B.V. increased its position in shares of Trimble by 123.4% during the 3rd quarter. Robeco Institutional Asset Management B.V. now owns 237,294 shares of the scientific and technical instruments company's stock valued at $19,375,000 after purchasing an additional 131,056 shares during the last quarter. Finally, Barclays PLC increased its position in shares of Trimble by 17.5% during the 3rd quarter. Barclays PLC now owns 839,625 shares of the scientific and technical instruments company's stock valued at $68,555,000 after purchasing an additional 124,772 shares during the last quarter. 93.21% of the stock is owned by hedge funds and other institutional investors.

Insider Buying and Selling at Trimble

In other news, VP Mark David Schwartz sold 16,725 shares of the company's stock in a transaction dated 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 approximately $1,317,952.68. This represents a 45.96% decrease in their ownership of the stock. The sale was disclosed in a legal filing with the SEC, which is accessible through 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, CEO Robert G. Painter sold 7,500 shares of the stock in a transaction dated Tuesday, April 14th. The stock was sold at an average price of $66.94, for a total transaction of $502,050.00. Following the sale, the chief executive officer owned 11,897 shares of the company's stock, valued at approximately $796,385.18. This represents a 38.67% decrease in their ownership of the stock. The disclosure for this sale is available in the SEC filing. 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 three months. 0.59% of the stock is currently owned by corporate insiders.

Trimble Price Performance

TRMB opened at $68.42 on Friday. The company has a debt-to-equity ratio of 0.24, a current ratio of 1.09 and a quick ratio of 0.96. The stock's 50 day simple moving average is $66.87 and its 200 day simple moving average is $73.24. The firm has a market cap of $15.88 billion, a price-to-earnings ratio of 39.10, a PEG ratio of 2.28 and a beta of 1.45. Trimble Inc. has a 1 year low of $62.00 and a 1 year high of $87.50.

Trimble (NASDAQ:TRMB - Get Free Report) last released its quarterly earnings data on Tuesday, February 10th. The scientific and technical instruments company reported $1.00 earnings per share for the quarter, beating analysts' consensus estimates of $0.96 by $0.04. Trimble had a return on equity of 11.18% and a net margin of 11.82%.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 prior year, the firm posted $0.89 earnings per share. 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 predict that Trimble Inc. will post 3 earnings per share for the current year.

Wall Street Analyst Weigh In

A number of analysts recently weighed in on the company. Zacks Research downgraded Trimble from a "strong-buy" rating to a "hold" rating in a research report on Monday, April 13th. Wells Fargo & Company decreased their price target on shares of Trimble from $94.00 to $79.00 and set an "overweight" rating on the stock in a research note on Thursday, February 12th. Wall Street Zen lowered shares of Trimble from a "buy" rating to a "hold" rating in a report on Saturday, April 4th. Robert W. Baird cut their price objective on shares of Trimble from $90.00 to $85.00 and set an "outperform" rating for the company in a research note on Monday, March 30th. Finally, Sanford C. Bernstein reaffirmed an "outperform" rating on shares of Trimble in a report on Wednesday, February 11th. Ten investment analysts have rated the stock with a Buy rating and two have assigned a Hold rating to the stock. According to MarketBeat.com, Trimble has a consensus rating of "Moderate Buy" and an average target price of $92.78.

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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