Tidal Investments LLC Has $3.31 Million Stake in Trimble Inc. $TRMB

Key Points

• Tidal Investments increased its Trimble stake by 85% in the second quarter, bringing its holdings to 64,567 shares valued at approximately $3.31 million. Institutional investors collectively own 93.21% of Trimble’s stock.
• Trimble reported quarterly earnings of $0.86 per share, exceeding estimates of $0.80, while revenue rose 11% year over year to $972 million. The company issued third-quarter EPS guidance of $0.83–$0.88 and full-year guidance of $3.60–$3.70.
• Analyst sentiment remains broadly positive, with nine Buy, two Hold, and one Sell rating, resulting in a consensus “Moderate Buy” rating and an $81.78 price target. Shares opened at $58.74, well below their 52-week high of $84.42.

Tidal Investments LLC raised its position in Trimble Inc. (NASDAQ:TRMB - Free Report) by 85.0% in the second quarter, according to the company in its most recent disclosure with the Securities and Exchange Commission (SEC). The fund owned 64,567 shares of the scientific and technical instruments company's stock after acquiring an additional 29,657 shares during the quarter. Tidal Investments LLC's holdings in Trimble were worth $3,305,000 at the end of the most recent reporting period.

A number of other hedge funds and other institutional investors also recently modified their holdings of the company. Rothschild Investment LLC increased its position in Trimble by 193.6% during the fourth 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. Frazier Financial Advisors LLC acquired a new stake in Trimble during the 2nd quarter valued at $25,000. Vega Investment Solutions bought a new position in Trimble during the second quarter worth $29,000. Global Retirement Partners LLC acquired a new position in shares of Trimble in the second quarter valued at $45,000. Finally, Caitong International Asset Management Co. Ltd bought a new position in shares of Trimble in the fourth quarter valued at about $48,000. Institutional investors own 93.21% of the company's stock.

Trimble Stock Up 1.9%

NASDAQ TRMB opened at $58.74 on Tuesday. 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 company has a market cap of $13.70 billion, a price-to-earnings ratio of -119.88, a PEG ratio of 1.87 and a beta of 1.36. The company has a 50 day moving average of $56.82 and a 200-day moving average of $59.34. Trimble Inc. has a 1-year low of $47.92 and a 1-year high of $84.42.

Trimble (NASDAQ:TRMB - Get Free Report) last posted its quarterly earnings data on Wednesday, August 12th. The scientific and technical instruments company reported $0.86 EPS for the quarter, topping analysts' consensus estimates of $0.80 by $0.06. The firm had revenue of $972.00 million for the quarter, compared to analyst estimates of $952.09 million. Trimble had a positive return on equity of 12.29% and a negative net margin of 2.77%.The company's revenue was up 11.0% on a year-over-year basis. During the same quarter last year, the company earned $0.71 EPS. Trimble has set its Q3 2026 guidance at 0.830-0.880 EPS and its FY 2026 guidance at 3.600-3.700 EPS. On average, equities research analysts expect that Trimble Inc. will post 3.08 earnings per share for the current fiscal year.

Wall Street Analyst Weigh In

TRMB has been the topic of a number of research reports. Wells Fargo & Company decreased 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. Weiss Ratings cut Trimble from a "hold (c-)" rating to a "sell (d)" rating in a report on Thursday, August 13th. Wall Street Zen downgraded Trimble from a "buy" rating to a "hold" rating in a research report on Saturday, September 5th. Barclays increased their target price on Trimble from $79.00 to $80.00 and gave the stock an "overweight" rating in a research note on Wednesday, August 19th. Finally, JPMorgan Chase & Co. boosted their price target on Trimble from $75.00 to $76.00 and gave the company an "overweight" rating in a research note on Thursday, August 13th. Nine research analysts have rated the stock with a Buy rating, two have given a Hold rating and one has assigned a Sell rating to the company's stock. According to data from MarketBeat, Trimble presently has a consensus rating of "Moderate Buy" and a consensus price target of $81.78.

Insider Transactions at Trimble

In other Trimble news, Director Kaigham Gabriel sold 1,718 shares of the firm's stock in a transaction dated Tuesday, August 4th. The shares were sold at an average price of $60.00, for a total value of $103,080.00. Following the transaction, the director directly owned 17,426 shares of the company's stock, valued at $1,045,560. This trade represents a 8.97% decrease in their position. The transaction 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. 0.59% of the stock is owned by insiders.

Trimble Company Profile

Trimble Inc develops technology solutions that help organizations connect the physical and digital worlds. Its portfolio combines positioning and navigation technologies, specialized hardware, software, and data services to support workflows in industries such as construction, geospatial, transportation, utilities, natural resources, and government.

The company's products and services include surveying and mapping equipment, machine control and construction management software, 3D modeling and building information management tools, field and project collaboration platforms, and transportation and logistics solutions.

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