KBC Group NV Sells 76,934 Shares of Trimble Inc. $TRMB

KBC Group NV reduced its holdings in shares of Trimble Inc. (NASDAQ:TRMB) by 36.7% in the 1st quarter, Holdings Channel.com reports. The institutional investor owned 132,773 shares of the scientific and technical instruments company’s stock after selling 76,934 shares during the period. KBC Group NV’s holdings in Trimble were worth $8,661,000 at the end of the most recent reporting period.

Several other large investors have also bought and sold shares of the business. Rothschild Investment LLC grew its position in Trimble by 193.6% in the fourth quarter. Rothschild Investment LLC now owns 323 shares of the scientific and technical instruments company’s stock valued at $25,000 after acquiring an additional 213 shares during the last quarter. DV Equities LLC bought a new position in shares of Trimble in the fourth quarter worth about $26,000. Toth Financial Advisory Corp acquired a new stake in shares of Trimble in the 4th quarter valued at approximately $27,000. Bank of Jackson Hole Trust acquired a new stake in shares of Trimble in the 4th quarter valued at approximately $27,000. Finally, Quarry LP grew its holdings in shares of Trimble by 175.8% during the 3rd quarter. Quarry LP now owns 364 shares of the scientific and technical instruments company’s stock valued at $30,000 after purchasing an additional 232 shares during the last quarter. 93.21% of the stock is owned by institutional investors and hedge funds.

Trimble Trading Down 3.4%

NASDAQ:TRMB opened at $50.10 on Thursday. The firm’s fifty day moving average is $52.93 and its 200-day moving average is $62.80. The company has a debt-to-equity ratio of 0.25, a quick ratio of 0.88 and a current ratio of 1.01. Trimble Inc. has a 52 week low of $47.92 and a 52 week high of $87.50. The firm has a market cap of $11.68 billion, a P/E ratio of 26.37, a P/E/G ratio of 1.73 and a beta of 1.38.

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, topping analysts’ consensus estimates of $0.72 by $0.07. The business had revenue of $939.90 million during the quarter, compared to the consensus estimate of $905.60 million. Trimble had a net margin of 12.38% and a return on equity of 11.61%. Trimble’s quarterly revenue was up 11.8% on a year-over-year basis. During the same quarter last year, the firm earned $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. Equities analysts expect that Trimble Inc. will post 3 earnings per share for the current year.

Analyst Upgrades and Downgrades

A number of research firms recently issued reports on TRMB. Robert W. Baird lowered their price objective on shares of Trimble from $90.00 to $85.00 and set an “outperform” rating for the company in a research report on Monday, March 30th. Weiss Ratings cut shares of Trimble from a “hold (c)” rating to a “hold (c-)” rating in a research note on Thursday, June 4th. Zacks Research downgraded shares of Trimble from a “strong-buy” rating to a “hold” rating in a report on Monday, April 13th. Piper Sandler dropped their price target on Trimble from $97.00 to $87.00 and set an “overweight” rating for the company in a research note on Wednesday, May 6th. Finally, JPMorgan Chase & Co. cut their price objective on Trimble from $88.00 to $75.00 and set an “overweight” rating on the stock in a report on Monday, July 13th. Nine investment analysts have rated the stock with a Buy rating and three have issued a Hold rating to the company’s stock. According to MarketBeat.com, the stock has an average rating of “Moderate Buy” and a consensus price target of $83.78.

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.