Quantinno Capital Management LP Boosts Stock Position in Trimble Inc. $TRMB

Quantinno Capital Management LP raised its holdings in Trimble Inc. (NASDAQ:TRMB) by 19.1% during the first quarter, according to the company in its most recent Form 13F filing with the Securities and Exchange Commission (SEC). The institutional investor owned 416,448 shares of the scientific and technical instruments company’s stock after buying an additional 66,859 shares during the period. Quantinno Capital Management LP’s holdings in Trimble were worth $27,165,000 as of its most recent SEC filing.

Other institutional investors also recently bought and sold shares of the company. Rothschild Investment LLC increased its holdings in shares of Trimble by 193.6% in the 4th quarter. Rothschild Investment LLC now owns 323 shares of the scientific and technical instruments company’s stock valued at $25,000 after acquiring an additional 213 shares during the last quarter. DV Equities LLC purchased a new stake in Trimble during the fourth quarter worth approximately $26,000. Toth Financial Advisory Corp purchased a new stake in Trimble during the fourth quarter worth approximately $27,000. Bank of Jackson Hole Trust acquired a new position in Trimble in the fourth quarter valued at approximately $27,000. Finally, Quarry LP boosted its holdings in Trimble by 175.8% in the third quarter. Quarry LP now owns 364 shares of the scientific and technical instruments company’s stock valued at $30,000 after purchasing an additional 232 shares in the last quarter. 93.21% of the stock is owned by hedge funds and other institutional investors.

Analyst Upgrades and Downgrades

TRMB has been the topic of a number of research analyst reports. JPMorgan Chase & Co. cut their price objective on shares of Trimble from $88.00 to $75.00 and set an “overweight” rating on the stock in a report on Monday, July 13th. Piper Sandler lowered their target price on shares of Trimble from $97.00 to $87.00 and set an “overweight” rating for the company in a report on Wednesday, May 6th. Wells Fargo & Company dropped their target price on shares of Trimble from $70.00 to $61.00 and set an “overweight” rating on the stock in a research report on Tuesday, July 14th. Zacks Research lowered shares of Trimble from a “strong-buy” rating to a “hold” rating in a research note on Monday, April 13th. Finally, Barclays reduced their price target 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. Nine equities research analysts have rated the stock with a Buy rating and three have given a Hold rating to the company. Based on data from MarketBeat, the company currently has an average rating of “Moderate Buy” and a consensus price target of $83.78.

Trimble Trading Down 0.8%

NASDAQ:TRMB opened at $56.58 on Friday. The company has a market capitalization of $13.19 billion, a PE ratio of 29.78, a P/E/G ratio of 1.90 and a beta of 1.38. Trimble Inc. has a 52-week low of $47.92 and a 52-week high of $87.50. The stock’s 50 day moving average price is $52.94 and its 200 day moving average price is $61.73. The company has a quick ratio of 0.88, a current ratio of 1.01 and a debt-to-equity ratio of 0.25.

Trimble (NASDAQ:TRMB) last issued 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. The company had revenue of $939.90 million during the quarter, compared to analysts’ expectations of $905.60 million. Trimble had a return on equity of 11.61% and a net margin of 12.38%.The firm’s revenue for the quarter was up 11.8% on a year-over-year basis. During the same quarter in the previous year, the business earned $0.61 earnings per share. 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 anticipate that Trimble Inc. will post 3.01 EPS for the current year.

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.