SG Americas Securities LLC Has $8.77 Million Holdings in Trimble Inc. $TRMB

SG Americas Securities LLC lessened its holdings in shares of Trimble Inc. (NASDAQ:TRMB) by 47.2% during the 1st quarter, according to the company in its most recent 13F filing with the Securities and Exchange Commission (SEC). The institutional investor owned 134,403 shares of the scientific and technical instruments company’s stock after selling 119,936 shares during the quarter. SG Americas Securities LLC’s holdings in Trimble were worth $8,767,000 at the end of the most recent quarter.

A number of other hedge funds have also made changes to their positions in TRMB. Rothschild Investment LLC boosted its holdings in shares of 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 purchasing an additional 213 shares during the period. DV Equities LLC purchased a new stake in Trimble in the 4th quarter worth approximately $26,000. Toth Financial Advisory Corp purchased a new stake in Trimble in the 4th quarter worth approximately $27,000. Bank of Jackson Hole Trust acquired a new stake in shares of Trimble during the 4th quarter valued at $27,000. Finally, Quarry LP increased its stake in shares of Trimble by 175.8% in the third quarter. Quarry LP now owns 364 shares of the scientific and technical instruments company’s stock worth $30,000 after acquiring an additional 232 shares during the last quarter. 93.21% of the stock is owned by hedge funds and other institutional investors.

Trimble Price Performance

Shares of Trimble stock opened at $50.70 on Friday. The company has a current ratio of 1.01, a quick ratio of 0.88 and a debt-to-equity ratio of 0.25. The firm has a fifty day simple moving average of $57.49 and a 200-day simple moving average of $66.46. The stock has a market capitalization of $11.82 billion, a price-to-earnings ratio of 26.68, a PEG ratio of 1.69 and a beta of 1.38. Trimble Inc. has a 1-year low of $47.92 and a 1-year high of $87.50.

Trimble (NASDAQ:TRMB) last posted its earnings results on Wednesday, May 6th. The scientific and technical instruments company reported $0.79 earnings per share (EPS) for the quarter, beating analysts’ consensus estimates of $0.72 by $0.07. The business had revenue of $939.90 million for the quarter, compared to analyst estimates of $905.60 million. Trimble had a net margin of 12.38% and a return on equity of 11.61%. Trimble’s revenue was up 11.8% compared to the same quarter last year. During the same period last year, the business posted $0.61 EPS. 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, sell-side analysts expect that Trimble Inc. will post 2.99 earnings per share for the current year.

Insider Activity

In other news, CEO Robert G. Painter sold 7,500 shares of the company’s stock in a transaction that occurred on Tuesday, April 14th. The stock was sold at an average price of $66.94, for a total transaction of $502,050.00. Following the completion of the transaction, the chief executive officer directly owned 11,897 shares in the company, valued at $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 Securities & Exchange Commission, 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 stock in a transaction that occurred on Thursday, April 16th. The shares were sold at an average price of $67.01, for a total value of $1,120,742.25. Following the completion of the sale, the vice president directly owned 19,668 shares of the company’s stock, valued at $1,317,952.68. This represents a 45.96% decrease in their ownership of the stock. 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. 0.59% of the stock is currently owned by insiders.

Wall Street Analysts Forecast Growth

A number of brokerages have commented on TRMB. Wells Fargo & Company lowered their target price on Trimble from $79.00 to $70.00 and set an “overweight” rating on the stock in a research note on Thursday, May 7th. Oppenheimer cut their price objective on shares of Trimble from $86.00 to $80.00 and set an “outperform” rating on the stock in a research report on Thursday, May 7th. Barclays decreased their target price on shares of Trimble from $103.00 to $79.00 and set an “overweight” rating for the company in a research report on Friday, May 29th. Zacks Research downgraded shares of Trimble from a “strong-buy” rating to a “hold” rating in a report on Monday, April 13th. Finally, Wall Street Zen upgraded Trimble from a “hold” rating to a “buy” rating in a report on Saturday, May 9th. Ten equities research analysts have rated the stock with a Buy rating and two have assigned a Hold rating to the company. According to MarketBeat, Trimble has an average rating of “Moderate Buy” and a consensus target price of $87.33.

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.