UBS Group AG Cuts Stake in Trimble Inc. $TRMB

Key Points

• UBS Group AG cut its Trimble stake by 35.9% in Q4, selling 570,776 shares and ending the quarter with 1,019,773 shares (about 0.43% ownership) valued at roughly $79.9 million.
• Insiders, including CEO Robert G. Painter and VP Mark David Schwartz, sold a combined 31,725 shares under pre-arranged Rule 10b5-1 plans to cover tax withholding, reducing insider ownership to about 0.59%.
• Trimble beat Q4 expectations with $1.00 EPS (vs. $0.96 est.) and $969.8M revenue, set FY2026 EPS guidance of $3.420–3.620, and carries a consensus Wall Street rating of "Moderate Buy" with an average price target of $92.78.

UBS Group AG reduced its position in shares of Trimble Inc. (NASDAQ:TRMB - Free Report) by 35.9% in the fourth quarter, according to the company in its most recent filing with the SEC. The institutional investor owned 1,019,773 shares of the scientific and technical instruments company's stock after selling 570,776 shares during the quarter. UBS Group AG owned 0.43% of Trimble worth $79,899,000 at the end of the most recent quarter.

Several other large investors have also bought and sold shares of TRMB. Peapack Gladstone Financial Corp increased its position in shares of Trimble by 2.6% during the second quarter. Peapack Gladstone Financial Corp now owns 5,008 shares of the scientific and technical instruments company's stock valued at $381,000 after acquiring an additional 125 shares in the last quarter. CI Investments Inc. lifted its position in Trimble by 10.3% in the 3rd quarter. CI Investments Inc. now owns 1,430 shares of the scientific and technical instruments company's stock valued at $117,000 after acquiring an additional 134 shares in the last quarter. Wilmington Savings Fund Society FSB boosted its stake in Trimble by 2.4% during the 3rd quarter. Wilmington Savings Fund Society FSB now owns 6,350 shares of the scientific and technical instruments company's stock valued at $518,000 after purchasing an additional 150 shares during the last quarter. Pallas Capital Advisors LLC increased its holdings in shares of Trimble by 1.3% in the 4th quarter. Pallas Capital Advisors LLC now owns 11,941 shares of the scientific and technical instruments company's stock worth $936,000 after purchasing an additional 151 shares in the last quarter. Finally, Fiduciary Trust Co increased its holdings in shares of Trimble by 1.9% in the 3rd quarter. Fiduciary Trust Co now owns 8,272 shares of the scientific and technical instruments company's stock worth $675,000 after purchasing an additional 151 shares in the last quarter. 93.21% of the stock is owned by hedge funds and other institutional investors.

Insider Activity

In related news, CEO Robert G. Painter sold 7,500 shares of the business's stock in a transaction that occurred on 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 sale, the chief executive officer directly owned 11,897 shares in the company, valued at approximately $796,385.18. The trade was a 38.67% decrease in their ownership of the stock. The sale was disclosed in a filing with the SEC, which can be accessed 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, VP Mark David Schwartz sold 16,725 shares of the company's stock in a transaction that occurred 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 sale, 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. 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. Insiders own 0.59% of the company's stock.

Trimble Stock Performance

TRMB stock opened at $68.42 on Monday. The company has a debt-to-equity ratio of 0.24, a current ratio of 1.09 and a quick ratio of 0.96. Trimble Inc. has a 1 year low of $62.00 and a 1 year high of $87.50. The company has a market cap of $15.88 billion, a P/E ratio of 39.10, a price-to-earnings-growth ratio of 2.28 and a beta of 1.45. The stock's fifty day moving average price is $66.87 and its 200-day moving average price is $73.21.

Trimble (NASDAQ:TRMB - Get Free Report) last posted its quarterly earnings data on Tuesday, February 10th. The scientific and technical instruments company reported $1.00 EPS 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 company had revenue of $969.80 million during the quarter, compared to analysts' expectations of $949.97 million. During the same quarter in the prior year, the business earned $0.89 earnings per share. Trimble's revenue for the quarter 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. On average, equities analysts forecast that Trimble Inc. will post 3 earnings per share for the current year.

Wall Street Analyst Weigh In

A number of brokerages have recently issued reports on TRMB. Wells Fargo & Company lowered their price target on Trimble from $94.00 to $79.00 and set an "overweight" rating on the stock in a report on Thursday, February 12th. Oppenheimer reiterated an "outperform" rating and issued a $86.00 price objective on shares of Trimble in a report on Tuesday, February 10th. Zacks Research lowered Trimble from a "strong-buy" rating to a "hold" rating in a research report on Monday, April 13th. Wall Street Zen downgraded shares of Trimble from a "buy" rating to a "hold" rating in a report on Saturday, April 4th. Finally, Weiss Ratings reiterated a "hold (c)" rating on shares of Trimble in a research note on Wednesday, January 21st. Ten equities research analysts have rated the stock with a Buy rating and two have issued a Hold rating to the stock. According to MarketBeat.com, the stock has a consensus rating of "Moderate Buy" and an average price target of $92.78.

Trimble Profile

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.

This instant news alert was generated by narrative science technology and financial data from MarketBeat in order to provide readers with the fastest reporting and unbiased coverage. Please send any questions or comments about this story to contact@marketbeat.com.