Trimble Inc. $TRMB Shares Purchased by Railway Pension Investments Ltd

Railway Pension Investments Ltd grew its holdings in shares of Trimble Inc. (NASDAQ:TRMB) by 85.3% during the fourth quarter, according to its most recent Form 13F filing with the SEC. The firm owned 261,800 shares of the scientific and technical instruments company’s stock after purchasing an additional 120,500 shares during the period. Railway Pension Investments Ltd’s holdings in Trimble were worth $20,512,000 at the end of the most recent reporting period.

A number of other large investors also recently modified their holdings of the business. MUFG Securities EMEA plc increased its holdings in shares of Trimble by 114.4% during the fourth quarter. MUFG Securities EMEA plc now owns 9,767 shares of the scientific and technical instruments company’s stock valued at $765,000 after purchasing an additional 5,212 shares during the period. BNP Paribas Financial Markets increased its holdings in shares of Trimble by 22.4% during the fourth quarter. BNP Paribas Financial Markets now owns 385,717 shares of the scientific and technical instruments company’s stock valued at $30,221,000 after purchasing an additional 70,613 shares during the period. Gulf International Bank UK Ltd increased its holdings in shares of Trimble by 1.9% during the fourth quarter. Gulf International Bank UK Ltd now owns 11,988 shares of the scientific and technical instruments company’s stock valued at $939,000 after purchasing an additional 227 shares during the period. Norges Bank acquired a new position in shares of Trimble during the fourth quarter valued at $213,133,000. Finally, Eurizon Capital SGR S.p.A. acquired a new position in shares of Trimble during the fourth quarter valued at $5,185,000. 93.21% of the stock is owned by institutional investors and hedge funds.

Trimble Trading Up 2.7%

Shares of TRMB stock opened at $56.41 on Friday. The stock has a 50-day simple moving average of $62.92 and a 200 day simple moving average of $70.33. Trimble Inc. has a fifty-two week low of $52.80 and a fifty-two week high of $87.50. The stock has a market capitalization of $13.15 billion, a P/E ratio of 29.69, a P/E/G ratio of 1.89 and a beta of 1.45. 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 announced its earnings results on Wednesday, May 6th. The scientific and technical instruments company reported $0.79 earnings per share for the quarter, beating 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 business had revenue of $939.90 million during the quarter, compared to analysts’ expectations of $905.60 million. During the same quarter last year, the business posted $0.61 earnings per share. The company’s quarterly revenue was up 11.8% on a year-over-year basis. 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 fiscal year.

Insider Activity

In related news, CEO Robert G. Painter sold 7,500 shares of the stock in a transaction 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 completion of the transaction, the chief executive officer owned 11,897 shares in the company, valued at $796,385.18. This trade represents a 38.67% decrease in their position. The transaction was disclosed in a document filed with the SEC, 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 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 transaction, the vice president owned 19,668 shares of the company’s stock, valued at $1,317,952.68. This trade represents a 45.96% decrease in their position. 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 have sold 31,725 shares of company stock valued at $2,151,167 in the last ninety days. Company insiders own 0.59% of the company’s stock.

Wall Street Analyst Weigh In

TRMB has been the topic of a number of research analyst reports. Piper Sandler lowered 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. Robert W. Baird lowered 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 lowered 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. Zacks Research lowered Trimble from a “strong-buy” rating to a “hold” rating in a report on Monday, April 13th. Finally, Oppenheimer decreased their target price on Trimble from $86.00 to $80.00 and set an “outperform” rating for the company in a research note on Thursday, May 7th. Ten equities research analysts have rated the stock with a Buy rating and two have issued a Hold rating to the company’s stock. Based on data from MarketBeat, the company has a consensus 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.