Sumitomo Mitsui Trust Group Inc. Sells 200,251 Shares of Trimble Inc. $TRMB

Key Points

• Sumitomo Mitsui Trust Group reduced its Trimble stake by 5.8%, selling 200,251 shares and leaving it with 3,254,750 shares (about 1.37% of the company) valued at $255.01 million.
• Trimble beat Q4 estimates with $1.00 EPS (vs. $0.96) and $969.8M revenue (vs. $950M) despite a 1.4% YoY revenue decline, and issued FY2026 EPS guidance of 3.420–3.620 and Q1 2026 guidance of 0.690–0.740.
• Analysts have an average "Buy" rating and a $92.78 average price target; the stock has a $15.03B market cap, a PE of 37.01, and a 52‑week range of $55.55–$87.50.

Sumitomo Mitsui Trust Group Inc. trimmed its stake in Trimble Inc. (NASDAQ:TRMB - Free Report) by 5.8% in the 4th quarter, according to the company in its most recent filing with the Securities and Exchange Commission. The institutional investor owned 3,254,750 shares of the scientific and technical instruments company's stock after selling 200,251 shares during the period. Sumitomo Mitsui Trust Group Inc. owned 1.37% of Trimble worth $255,010,000 at the end of the most recent quarter.

Several other large investors have also recently made changes to their positions in TRMB. Brighton Jones LLC bought a new position in shares of Trimble in the 4th quarter worth $211,000. Empowered Funds LLC increased its position in Trimble by 9.5% during the 1st quarter. Empowered Funds LLC now owns 7,023 shares of the scientific and technical instruments company's stock valued at $461,000 after buying an additional 607 shares in the last quarter. Woodline Partners LP increased its position in Trimble by 41.6% during the 1st quarter. Woodline Partners LP now owns 20,766 shares of the scientific and technical instruments company's stock valued at $1,363,000 after buying an additional 6,100 shares in the last quarter. Sivia Capital Partners LLC acquired a new position in Trimble during the 2nd quarter valued at about $208,000. Finally, Marshall Wace LLP increased its position in Trimble by 31.8% during the 2nd quarter. Marshall Wace LLP now owns 113,500 shares of the scientific and technical instruments company's stock valued at $8,624,000 after buying an additional 27,374 shares in the last quarter. 93.21% of the stock is owned by institutional investors.

Trimble Price Performance

Shares of TRMB stock opened at $64.77 on Monday. The stock's 50-day simple moving average is $66.49 and its 200-day simple moving average is $74.40. The company has a debt-to-equity ratio of 0.24, a quick ratio of 0.96 and a current ratio of 1.09. The firm has a market capitalization of $15.03 billion, a PE ratio of 37.01, a P/E/G ratio of 2.16 and a beta of 1.53. Trimble Inc. has a fifty-two week low of $55.55 and a fifty-two week high of $87.50.

Trimble (NASDAQ:TRMB - Get Free Report) last announced 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. The business had revenue of $969.80 million for the quarter, compared to analyst estimates of $949.97 million. Trimble had a return on equity of 11.18% and a net margin of 11.82%.The company's revenue was down 1.4% on a year-over-year basis. During the same period in the prior year, the company earned $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 analysts expect that Trimble Inc. will post 2.37 earnings per share for the current year.

Wall Street Analysts Forecast Growth

Several research analysts recently issued reports on TRMB shares. KeyCorp raised Trimble from a "sector weight" rating to an "overweight" rating and set a $99.00 target price on the stock in a research report on Monday, December 15th. Weiss Ratings reaffirmed a "hold (c)" rating on shares of Trimble in a research report on Wednesday, January 21st. Robert W. Baird reduced their target price on Trimble from $90.00 to $85.00 and set an "outperform" rating on the stock in a research report on Monday, March 30th. Wall Street Zen lowered Trimble from a "buy" rating to a "hold" rating in a research report on Saturday, April 4th. Finally, Oppenheimer reaffirmed an "outperform" rating and set a $86.00 target price on shares of Trimble in a research report on Tuesday, February 10th. One research analyst has rated the stock with a Strong Buy rating, ten have given a Buy rating and one has assigned a Hold rating to the stock. According to data from MarketBeat, Trimble has an average rating of "Buy" and an average price target of $92.78.

Insider Buying and Selling at Trimble

In other news, CEO Robert G. Painter sold 7,500 shares of the stock in a transaction dated Tuesday, March 10th. The stock was sold at an average price of $70.45, for a total value of $528,375.00. Following the transaction, the chief executive officer directly owned 19,397 shares of the company's stock, valued at approximately $1,366,518.65. This represents a 27.88% decrease in their ownership of the stock. The sale was disclosed in a document filed with the Securities & Exchange Commission, which is accessible through the SEC website. Corporate insiders own 0.54% of the company's stock.

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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