Contour Asset Management LLC Has $248.70 Million Stake in Trimble Inc. $TRMB

Contour Asset Management LLC raised its holdings in shares of Trimble Inc. (NASDAQ:TRMB) by 2.4% in the fourth quarter, according to its most recent Form 13F filing with the SEC. The institutional investor owned 3,174,248 shares of the scientific and technical instruments company’s stock after buying an additional 75,245 shares during the period. Trimble comprises approximately 5.8% of Contour Asset Management LLC’s investment portfolio, making the stock its 5th biggest position. Contour Asset Management LLC’s holdings in Trimble were worth $248,702,000 as of its most recent SEC filing.

Other large investors have also recently added to or reduced their stakes in the company. Rothschild Investment LLC boosted its holdings in Trimble by 193.6% during the fourth quarter. Rothschild Investment LLC now owns 323 shares of the scientific and technical instruments company’s stock worth $25,000 after buying an additional 213 shares in the last quarter. DV Equities LLC bought a new stake in Trimble during the fourth quarter worth approximately $26,000. Toth Financial Advisory Corp bought a new stake in Trimble during the fourth quarter worth approximately $27,000. Bank of Jackson Hole Trust bought a new stake in Trimble during the fourth quarter worth approximately $27,000. Finally, Quarry LP boosted its holdings 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 in the last quarter. 93.21% of the stock is currently owned by institutional investors.

Insiders Place Their Bets

In other news, VP Mark David Schwartz sold 16,725 shares of Trimble stock in a transaction 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 transaction, the vice president owned 19,668 shares in the company, valued at approximately $1,317,952.68. The trade was a 45.96% decrease in their ownership of the stock. The sale was disclosed in a filing 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, CEO Robert G. Painter sold 7,500 shares of Trimble stock in a transaction on Tuesday, April 14th. The shares were sold at an average price of $66.94, for a total value of $502,050.00. Following the transaction, the chief executive officer owned 11,897 shares in the company, valued at $796,385.18. This represents a 38.67% decrease in their position. 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 own 0.59% of the company’s stock.

Trimble Stock Performance

Shares of TRMB stock opened at $48.87 on Thursday. Trimble Inc. has a 1-year low of $48.78 and a 1-year high of $87.50. 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 company has a market capitalization of $11.39 billion, a price-to-earnings ratio of 25.72, a P/E/G ratio of 1.70 and a beta of 1.38. The stock’s fifty day simple moving average is $59.76 and its 200-day simple moving average is $67.95.

Trimble (NASDAQ:TRMB) last issued its quarterly earnings results 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. Trimble had a return on equity of 11.61% and a net margin of 12.38%.The business had revenue of $939.90 million for the quarter, compared to the consensus estimate of $905.60 million. During the same quarter in the previous year, the company posted $0.61 earnings per share. Trimble’s revenue for the quarter 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. On average, sell-side analysts predict that Trimble Inc. will post 2.99 earnings per share for the current fiscal year.

Wall Street Analyst Weigh In

TRMB has been the subject of a number of research reports. Wall Street Zen upgraded shares of Trimble from a “hold” rating to a “buy” rating in a report on Saturday, May 9th. Robert W. Baird reduced their target price 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. Zacks Research cut shares of Trimble from a “strong-buy” rating to a “hold” rating in a report on Monday, April 13th. Wells Fargo & Company reduced their target price 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. Finally, Weiss Ratings cut shares of Trimble from a “hold (c)” rating to a “hold (c-)” rating in a report on Thursday, June 4th. Ten investment analysts have rated the stock with a Buy rating and two have assigned a Hold rating to the company. Based on data from MarketBeat, the company presently has an average 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.