Trimble Inc. $TRMB Shares Acquired by Pictet Asset Management Holding SA

Pictet Asset Management Holding SA increased its stake in shares of Trimble Inc. (NASDAQ:TRMB) by 190.2% in the fourth quarter, according to the company in its most recent 13F filing with the Securities and Exchange Commission. The institutional investor owned 487,617 shares of the scientific and technical instruments company’s stock after purchasing an additional 319,598 shares during the quarter. Pictet Asset Management Holding SA’s holdings in Trimble were worth $38,205,000 as of its most recent filing with the Securities and Exchange Commission.

Other institutional investors and hedge funds also recently added to or reduced their stakes in the company. SG Americas Securities LLC boosted its holdings in shares of Trimble by 30.9% during the third quarter. SG Americas Securities LLC now owns 96,052 shares of the scientific and technical instruments company’s stock worth $7,843,000 after purchasing an additional 22,650 shares during the last quarter. Sumitomo Mitsui DS Asset Management Company Ltd boosted its holdings in Trimble by 31.5% in the third quarter. Sumitomo Mitsui DS Asset Management Company Ltd now owns 146,283 shares of the scientific and technical instruments company’s stock valued at $11,944,000 after acquiring an additional 35,015 shares during the last quarter. Essex Investment Management Co. LLC grew its position in Trimble by 168.8% during the third quarter. Essex Investment Management Co. LLC now owns 45,669 shares of the scientific and technical instruments company’s stock valued at $3,729,000 after acquiring an additional 28,676 shares during the period. Robeco Institutional Asset Management B.V. increased its stake in Trimble by 123.4% during the third quarter. Robeco Institutional Asset Management B.V. now owns 237,294 shares of the scientific and technical instruments company’s stock worth $19,375,000 after acquiring an additional 131,056 shares during the last quarter. Finally, Barclays PLC raised its holdings in shares of Trimble by 17.5% in the 3rd quarter. Barclays PLC now owns 839,625 shares of the scientific and technical instruments company’s stock worth $68,555,000 after purchasing an additional 124,772 shares during the period. 93.21% of the stock is currently owned by hedge funds and other institutional investors.

Trimble Trading Down 0.5%

NASDAQ TRMB opened at $66.28 on Thursday. The company has a market capitalization of $15.38 billion, a price-to-earnings ratio of 37.87, a price-to-earnings-growth ratio of 2.24 and a beta of 1.53. 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 12 month low of $60.18 and a 12 month high of $87.50. The company’s fifty day moving average price is $66.87 and its two-hundred day moving average price is $73.31.

Trimble (NASDAQ:TRMB) last posted its quarterly earnings results on Tuesday, February 10th. The scientific and technical instruments company reported $1.00 EPS for the quarter, topping 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 business had revenue of $969.80 million during the quarter, compared to the consensus estimate of $949.97 million. During the same period last year, the firm earned $0.89 earnings per share. The company’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. As a group, research analysts predict that Trimble Inc. will post 3 earnings per share for the current fiscal year.

Analyst Upgrades and Downgrades

Several equities analysts recently weighed in on TRMB shares. Wall Street Zen lowered shares of Trimble from a “buy” rating to a “hold” rating in a report on Saturday, April 4th. Oppenheimer reissued an “outperform” rating and set a $86.00 target price on shares of Trimble in a research report on Tuesday, February 10th. Zacks Research downgraded shares of Trimble from a “strong-buy” rating to a “hold” rating in a research note on Monday, April 13th. Robert W. Baird dropped their target price on Trimble from $90.00 to $85.00 and set an “outperform” rating on the stock in a research report on Monday, March 30th. Finally, Wells Fargo & Company lowered their price objective on Trimble from $94.00 to $79.00 and set an “overweight” rating for the company in a research note on Thursday, February 12th. Ten equities research analysts have rated the stock with a Buy rating and two have assigned a Hold rating to the company’s stock. According to data from MarketBeat, the company has a consensus rating of “Moderate Buy” and a consensus target price of $92.78.

Insider Buying and Selling

In other Trimble news, VP Mark David Schwartz sold 16,725 shares of the business’s stock in a transaction 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 completion of the sale, 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. The transaction was disclosed in a document filed with the Securities & Exchange Commission, which is available at this link. 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, CEO Robert G. Painter sold 7,500 shares of Trimble 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 completion of the transaction, the chief executive officer directly owned 11,897 shares of the company’s stock, valued at $796,385.18. This trade represents a 38.67% decrease in their ownership of the stock. The disclosure for this sale is available in the SEC filing. 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 sold a total of 31,725 shares of company stock valued at $2,151,167 over the last quarter. Company insiders own 0.59% 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.