Trimble (NASDAQ:TRMB) Issues FY 2026 Earnings Guidance

Trimble (NASDAQ:TRMB - Get Free Report) issued an update on its FY 2026 earnings guidance on Wednesday morning. The company provided EPS guidance of 3.470-3.640 for the period, compared to the consensus EPS estimate of 3.440. The company issued revenue guidance of $3.8 billion-$3.9 billion, compared to the consensus revenue estimate of $3.9 billion. Trimble also updated its Q2 2026 guidance to 0.780-0.820 EPS.

Trimble Trading Down 0.2%

Shares of TRMB opened at $68.37 on Wednesday. Trimble has a 1-year low of $62.00 and a 1-year high of $87.50. The company has a 50-day moving average of $66.89 and a 200 day moving average of $73.13. The firm has a market capitalization of $15.87 billion, a price-to-earnings ratio of 39.07, a PEG ratio of 2.29 and a beta of 1.45. 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 (NASDAQ:TRMB - Get Free Report) last announced its quarterly earnings data on Wednesday, May 6th. The scientific and technical instruments company reported $0.79 earnings per share for the quarter, beating analysts' consensus estimates of $0.72 by $0.07. Trimble had a net margin of 11.82% and a return on equity of 11.18%. The company had revenue of $939.90 million during the quarter, compared to analyst estimates of $905.60 million. Trimble has set its Q2 2026 guidance at 0.780-0.820 EPS and its FY 2026 guidance at 3.470-3.640 EPS. On average, research analysts expect that Trimble will post 3 EPS for the current year.

Analyst Upgrades and Downgrades

TRMB has been the subject of a number of research analyst reports. Zacks Research lowered shares of Trimble from a "strong-buy" rating to a "hold" rating in a report on Monday, April 13th. Robert W. Baird decreased their price objective 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. Oppenheimer reiterated an "outperform" rating and set a $86.00 price objective on shares of Trimble in a report on Tuesday, February 10th. Barclays boosted their price target on shares of Trimble from $101.00 to $103.00 and gave the company an "overweight" rating in a report on Friday, March 6th. Finally, Wall Street Zen lowered shares of Trimble from a "buy" rating to a "hold" rating in a report on Saturday, April 4th. Ten equities research analysts have rated the stock with a Buy rating and two have issued a Hold rating to the company's stock. According to MarketBeat.com, the stock presently has a consensus rating of "Moderate Buy" and a consensus price target of $92.78.

Insider Activity

In other news, CEO Robert G. Painter sold 7,500 shares of the business's stock in a transaction dated Tuesday, April 14th. The shares were sold at an average price of $66.94, for a total value of $502,050.00. Following the completion of the sale, the chief executive officer owned 11,897 shares in the company, valued at approximately $796,385.18. The trade was a 38.67% decrease in their position. The transaction was disclosed in a document filed with the SEC, which can be accessed 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, VP Mark David Schwartz sold 16,725 shares of Trimble stock in a transaction that occurred on Thursday, April 16th. The stock was 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 in the company, valued at approximately $1,317,952.68. The trade was a 45.96% decrease in their position. The SEC filing for this sale provides additional information. 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. In the last 90 days, insiders sold 31,725 shares of company stock valued at $2,151,167. Company insiders own 0.59% of the company's stock.

Institutional Inflows and Outflows

Institutional investors and hedge funds have recently modified their holdings of the company. Sivia Capital Partners LLC purchased a new position in shares of Trimble in the 2nd quarter worth approximately $208,000. Brighton Jones LLC purchased a new position in shares of Trimble in the 4th quarter worth approximately $211,000. Entropy Technologies LP purchased a new position in shares of Trimble in the 4th quarter worth approximately $206,000. Towarzystwo Funduszy Inwestycyjnych PZU SA grew its position in shares of Trimble by 28.8% in the 3rd quarter. Towarzystwo Funduszy Inwestycyjnych PZU SA now owns 2,190 shares of the scientific and technical instruments company's stock worth $179,000 after buying an additional 490 shares during the last quarter. Finally, CIBC Private Wealth Group LLC grew its position in Trimble by 71.9% during the 4th quarter. CIBC Private Wealth Group LLC now owns 1,745 shares of the scientific and technical instruments company's stock worth $137,000 after purchasing an additional 730 shares during the last quarter. Hedge funds and other institutional investors own 93.21% of the company's stock.

Trimble Company 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.

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