Northwestern Mutual Wealth Management Co. Purchases 56,514 Shares of Trimble Inc. $TRMB

Northwestern Mutual Wealth Management Co. increased its position in shares of Trimble Inc. (NASDAQ:TRMB) by 1,135.7% in the fourth quarter, Holdings Channel.com reports. The institutional investor owned 61,490 shares of the scientific and technical instruments company’s stock after buying an additional 56,514 shares during the period. Northwestern Mutual Wealth Management Co.’s holdings in Trimble were worth $4,818,000 at the end of the most recent quarter.

A number of other hedge funds have also bought and sold shares of TRMB. Toth Financial Advisory Corp bought a new position in Trimble during the fourth quarter worth $27,000. Root Financial Partners LLC bought a new position in Trimble during the third quarter worth $30,000. Hantz Financial Services Inc. raised its stake in Trimble by 90.8% during the third quarter. Hantz Financial Services Inc. now owns 372 shares of the scientific and technical instruments company’s stock worth $30,000 after buying an additional 177 shares during the last quarter. Quarry LP raised its stake in Trimble by 175.8% during the third quarter. Quarry LP now owns 364 shares of the scientific and technical instruments company’s stock worth $30,000 after buying an additional 232 shares during the last quarter. Finally, BOKF NA raised its stake in Trimble by 103.8% during the fourth quarter. BOKF NA now owns 426 shares of the scientific and technical instruments company’s stock worth $33,000 after buying an additional 217 shares during the last quarter. Institutional investors own 93.21% of the company’s stock.

Wall Street Analysts Forecast Growth

A number of equities analysts recently weighed in on TRMB shares. Sanford C. Bernstein reissued an “outperform” rating on shares of Trimble in a research note on Wednesday, February 11th. Piper Sandler reduced their price target 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 reduced their price target on shares of Trimble from $79.00 to $70.00 and set an “overweight” rating for the company in a report on Thursday, May 7th. Wall Street Zen upgraded shares of Trimble from a “hold” rating to a “buy” rating in a report on Saturday, May 9th. Finally, Robert W. Baird reduced their price target 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. Ten equities research analysts have rated the stock with a Buy rating and two have issued a Hold rating to the company. Based on data from MarketBeat, the company presently has an average rating of “Moderate Buy” and a consensus price target of $90.00.

Insider Transactions at Trimble

In other news, VP Mark David Schwartz sold 16,725 shares of Trimble stock in a transaction dated 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 transaction, the vice president directly owned 19,668 shares in the company, valued at $1,317,952.68. This trade represents a 45.96% decrease in their ownership of the stock. The sale was disclosed in a filing with the Securities & Exchange Commission, which is available 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, 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 transaction, the chief executive officer owned 11,897 shares of the company’s stock, valued at $796,385.18. This represents a 38.67% 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. Insiders have sold 31,725 shares of company stock valued at $2,151,167 over the last quarter. Corporate insiders own 0.59% of the company’s stock.

Trimble Trading Up 0.7%

NASDAQ:TRMB opened at $56.34 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 stock has a market capitalization of $13.13 billion, a price-to-earnings ratio of 29.65, a PEG ratio of 1.88 and a beta of 1.45. The firm has a fifty day simple moving average of $63.98 and a two-hundred day simple moving average of $71.15. Trimble Inc. has a 12 month low of $52.80 and a 12 month high of $87.50.

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