127,700 Shares in Trimble Inc. $TRMB Bought by Varma Mutual Pension Insurance Co

Varma Mutual Pension Insurance Co bought a new position in shares of Trimble Inc. (NASDAQ:TRMB) in the 4th quarter, according to the company in its most recent Form 13F filing with the Securities and Exchange Commission (SEC). The firm bought 127,700 shares of the scientific and technical instruments company’s stock, valued at approximately $10,005,000.

Several other institutional investors have also recently made changes to their positions in TRMB. Brighton Jones LLC purchased a new position in Trimble in the fourth quarter valued at $211,000. Empowered Funds LLC increased its holdings in Trimble by 9.5% in the first 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 holdings in Trimble by 41.6% in the first 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 purchased a new position in Trimble in the second quarter valued at $208,000. Finally, Marshall Wace LLP increased its holdings in Trimble by 31.8% in the second 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. Hedge funds and other institutional investors own 93.21% of the company’s stock.

Trimble Stock Down 0.2%

Shares of NASDAQ TRMB opened at $68.37 on Wednesday. The company’s 50-day simple moving average is $66.89 and its 200-day simple moving average is $73.13. Trimble Inc. has a 52-week low of $62.00 and a 52-week high of $87.50. The firm has a market cap of $15.87 billion, a price-to-earnings ratio of 39.07, a price-to-earnings-growth ratio of 2.29 and a beta of 1.45. 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) last announced its earnings results on Wednesday, May 6th. The scientific and technical instruments company reported $0.79 earnings per share (EPS) for the quarter, beating the consensus estimate of $0.72 by $0.07. Trimble had a net margin of 11.82% and a return on equity of 11.18%. The business had revenue of $939.90 million for 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. Equities analysts predict that Trimble Inc. will post 3 EPS for the current fiscal year.

Wall Street Analyst Weigh In

A number of research firms have weighed in on TRMB. Wells Fargo & Company cut their price objective on shares of Trimble from $94.00 to $79.00 and set an “overweight” rating for the company in a report on Thursday, February 12th. Wall Street Zen cut shares of Trimble from a “buy” rating to a “hold” rating in a report on Saturday, April 4th. Barclays lifted their price objective on shares of Trimble from $101.00 to $103.00 and gave the company an “overweight” rating in a report on Friday, March 6th. Oppenheimer reiterated an “outperform” rating and issued a $86.00 target price on shares of Trimble in a research report on Tuesday, February 10th. Finally, Zacks Research lowered shares of Trimble from a “strong-buy” rating to a “hold” rating in a research report on Monday, April 13th. Ten analysts have rated the stock with a Buy rating and two have assigned a Hold rating to the company. According to data from MarketBeat, the company presently has an average rating of “Moderate Buy” and an average price target of $92.78.

Insider Transactions at Trimble

In related 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 transaction of $502,050.00. Following the transaction, 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 transaction was disclosed in a legal 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 business’s stock in a transaction dated 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 transaction, the vice president owned 19,668 shares in the company, valued at $1,317,952.68. The trade was 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 31,725 shares of company stock worth $2,151,167 over the last 90 days. 0.59% of the stock is currently owned by company insiders.

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.