Trimble Inc. $TRMB Shares Sold by Grandfield & Dodd LLC

Grandfield & Dodd LLC reduced its stake in Trimble Inc. (NASDAQ:TRMB) by 3.0% in the fourth quarter, according to the company in its most recent disclosure with the Securities & Exchange Commission. The firm owned 383,678 shares of the scientific and technical instruments company’s stock after selling 11,863 shares during the period. Trimble accounts for about 1.7% of Grandfield & Dodd LLC’s investment portfolio, making the stock its 19th biggest holding. Grandfield & Dodd LLC’s holdings in Trimble were worth $30,061,000 as of its most recent filing with the Securities & Exchange Commission.

A number of other hedge funds and other institutional investors also recently bought and sold shares of the stock. Peapack Gladstone Financial Corp boosted its stake in Trimble by 2.6% in the second quarter. Peapack Gladstone Financial Corp now owns 5,008 shares of the scientific and technical instruments company’s stock valued at $381,000 after acquiring an additional 125 shares during the period. CI Investments Inc. boosted its stake in Trimble by 10.3% in the third quarter. CI Investments Inc. now owns 1,430 shares of the scientific and technical instruments company’s stock valued at $117,000 after acquiring an additional 134 shares during the period. Pallas Capital Advisors LLC raised its holdings in shares of Trimble by 1.3% during the fourth quarter. Pallas Capital Advisors LLC now owns 11,941 shares of the scientific and technical instruments company’s stock valued at $936,000 after buying an additional 151 shares during the last quarter. Fiduciary Trust Co raised its holdings in shares of Trimble by 1.9% during the third quarter. Fiduciary Trust Co now owns 8,272 shares of the scientific and technical instruments company’s stock valued at $675,000 after buying an additional 151 shares during the last quarter. Finally, Larson Financial Group LLC raised its holdings in shares of Trimble by 11.1% during the third quarter. Larson Financial Group LLC now owns 1,547 shares of the scientific and technical instruments company’s stock valued at $126,000 after buying an additional 155 shares during the last quarter. 93.21% of the stock is currently owned by institutional investors and hedge funds.

Analyst Upgrades and Downgrades

A number of equities research analysts have recently weighed in on TRMB shares. Robert W. Baird cut their price target on Trimble from $90.00 to $85.00 and set an “outperform” rating on the stock in a report on Monday, March 30th. Wells Fargo & Company cut their price target on Trimble from $79.00 to $70.00 and set an “overweight” rating on the stock in a report on Thursday, May 7th. Oppenheimer cut their price target on Trimble from $86.00 to $80.00 and set an “outperform” rating on the stock in a report on Thursday, May 7th. Wall Street Zen raised Trimble from a “hold” rating to a “buy” rating in a report on Saturday, May 9th. Finally, Piper Sandler cut their price target on Trimble from $97.00 to $87.00 and set an “overweight” rating on the stock in a report on Wednesday, May 6th. Ten equities research analysts have rated the stock with a Buy rating and two have assigned a Hold rating to the company. Based on data from MarketBeat, Trimble has a consensus rating of “Moderate Buy” and a consensus target price of $87.33.

Insider Activity at Trimble

In related news, VP Mark David Schwartz sold 16,725 shares of the business’s stock in a transaction that occurred on 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 sale, the vice president owned 19,668 shares of the company’s stock, valued at $1,317,952.68. The trade was a 45.96% decrease in their ownership of the stock. The sale was disclosed in a document filed with the Securities & Exchange Commission, which is available at 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, CEO Robert G. Painter sold 7,500 shares of the business’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 value of $502,050.00. Following the sale, 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 position. 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. In the last three months, insiders have sold 31,725 shares of company stock worth $2,151,167. 0.59% of the stock is owned by corporate insiders.

Trimble Price Performance

Shares of NASDAQ:TRMB opened at $56.41 on Friday. Trimble Inc. has a 12 month low of $52.80 and a 12 month high of $87.50. The stock has a market cap of $13.15 billion, a price-to-earnings ratio of 29.69, a PEG ratio of 1.89 and a beta of 1.45. The stock’s 50 day moving average price is $62.92 and its 200 day moving average price is $70.33. The company has a debt-to-equity ratio of 0.25, a current ratio of 1.01 and a quick ratio of 0.88.

Trimble (NASDAQ:TRMB) last announced its earnings results on Wednesday, May 6th. The scientific and technical instruments company reported $0.79 EPS for the quarter, topping the consensus estimate of $0.72 by $0.07. Trimble had a return on equity of 11.61% and a net margin of 12.38%.The firm had revenue of $939.90 million for the quarter, compared to analysts’ expectations of $905.60 million. During the same quarter in the previous year, the company earned $0.61 earnings per share. The firm’s quarterly revenue was up 11.8% compared to the same quarter last year. 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 research analysts anticipate that Trimble Inc. will post 2.99 earnings per share for the current fiscal year.

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.