M&T Bank Corp Increases Position in Trimble Inc. $TRMB

Key Points

• M&T Bank Corp boosted its stake in Trimble by 1,547.5% in Q4, adding 101,998 shares to reach 108,589 shares valued at about $8.51 million.
• Insiders — including VP Mark David Schwartz and CEO Robert G. Painter — sold a combined 31,725 shares in the last 90 days under pre-arranged Rule 10b5‑1 plans to cover tax withholding, leaving insiders with roughly 0.54% ownership.
• Trimble beat Q4 EPS and revenue estimates, issued FY2026 EPS guidance of 3.420–3.620, and carries a consensus analyst target near $92.78 with a market cap of about $15.6 billion.

M&T Bank Corp grew its holdings in Trimble Inc. (NASDAQ:TRMB - Free Report) by 1,547.5% in the fourth quarter, according to its most recent disclosure with the SEC. The fund owned 108,589 shares of the scientific and technical instruments company's stock after buying an additional 101,998 shares during the period. M&T Bank Corp's holdings in Trimble were worth $8,508,000 at the end of the most recent reporting period.

Other institutional investors and hedge funds have also made changes to their positions in the company. Salomon & Ludwin LLC purchased a new stake in shares of Trimble in the third quarter valued at about $25,000. Toth Financial Advisory Corp purchased a new stake in shares of Trimble in the fourth quarter valued at about $27,000. Root Financial Partners LLC purchased a new stake in shares of Trimble in the third quarter valued at about $30,000. Hantz Financial Services Inc. raised its holdings 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 buying an additional 177 shares during the last quarter. Finally, Quarry LP raised its holdings in shares of Trimble by 175.8% in the third 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. 93.21% of the stock is owned by hedge funds and other institutional investors.

Insider Transactions at Trimble

In other Trimble news, VP Mark David Schwartz sold 16,725 shares of the stock in a transaction dated Thursday, April 16th. The shares were sold at an average price of $67.01, for a total value 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 trade represents a 45.96% decrease in their ownership of the stock. The sale was disclosed in a filing with the SEC, which is accessible through the SEC website. 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 shares were sold at an average price of $66.94, for a total transaction of $502,050.00. Following the completion of the transaction, the chief executive officer directly owned 11,897 shares of the company's stock, valued at approximately $796,385.18. This trade represents a 38.67% decrease in their ownership of the stock. 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. Over the last ninety days, insiders sold 31,725 shares of company stock valued at $2,151,167. 0.54% of the stock is currently owned by corporate insiders.

Trimble Trading Up 0.5%

NASDAQ TRMB opened at $67.35 on Friday. The stock has a market capitalization of $15.63 billion, a P/E ratio of 38.49, a P/E/G ratio of 2.24 and a beta of 1.53. Trimble Inc. has a 52-week low of $60.18 and a 52-week high of $87.50. The firm has a 50-day moving average price of $66.85 and a 200 day moving average price of $73.60. The company has a quick ratio of 0.96, a current ratio of 1.09 and a debt-to-equity ratio of 0.24.

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

Analyst Ratings Changes

A number of brokerages have recently commented on TRMB. Weiss Ratings reaffirmed a "hold (c)" rating on shares of Trimble in a report on Wednesday, January 21st. Barclays increased their price target on shares of Trimble from $101.00 to $103.00 and gave the stock an "overweight" rating in a report on Friday, March 6th. Robert W. Baird cut their price target on shares of Trimble from $90.00 to $85.00 and set an "outperform" rating for the company in a report on Monday, March 30th. Wall Street Zen cut shares of Trimble from a "buy" rating to a "hold" rating in a report on Saturday, April 4th. Finally, Sanford C. Bernstein reissued an "outperform" rating on shares of Trimble in a report on Wednesday, February 11th. Ten research analysts have rated the stock with a Buy rating and two have assigned a Hold rating to the stock. According to data from MarketBeat, the company has an average rating of "Moderate Buy" and a consensus 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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