Edmond DE Rothschild Holding S.A. Makes New Investment in Trimble Inc. $TRMB

Edmond DE Rothschild Holding S.A. bought a new stake in Trimble Inc. (NASDAQ:TRMB) in the 2nd quarter, according to its most recent 13F filing with the Securities and Exchange Commission. The institutional investor bought 163,715 shares of the scientific and technical instruments company’s stock, valued at approximately $8,379,000.

Other hedge funds and other institutional investors have also modified their holdings of the company. Rothschild Investment LLC boosted its position in shares of Trimble by 193.6% during the 4th 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 acquired a new stake in Trimble during the fourth quarter worth about $26,000. Bank of Jackson Hole Trust acquired a new stake in Trimble during the fourth quarter worth about $27,000. 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 purchasing an additional 232 shares during the period. Finally, BOKF NA boosted its holdings in Trimble by 103.8% in the 4th quarter. BOKF NA now owns 426 shares of the scientific and technical instruments company’s stock valued at $33,000 after purchasing an additional 217 shares during the last quarter. 93.21% of the stock is owned by institutional investors and hedge funds.

Trimble Trading Up 4.0%

NASDAQ TRMB opened at $59.25 on Thursday. The company has a debt-to-equity ratio of 0.28, a current ratio of 0.95 and a quick ratio of 0.82. The stock has a market capitalization of $13.82 billion, a P/E ratio of -120.92, a PEG ratio of 1.89 and a beta of 1.37. The firm’s 50-day moving average is $53.67 and its two-hundred day moving average is $60.23. Trimble Inc. has a 12 month low of $47.92 and a 12 month high of $84.42.

Trimble (NASDAQ:TRMB) last announced its quarterly earnings results on Wednesday, August 12th. The scientific and technical instruments company reported $0.86 earnings per share for the quarter, beating analysts’ consensus estimates of $0.80 by $0.06. The business had revenue of $972.00 million during the quarter, compared to analysts’ expectations of $952.09 million. Trimble had a negative net margin of 2.77% and a positive return on equity of 12.29%. The business’s revenue for the quarter was up 11.0% on a year-over-year basis. During the same period last year, the business earned $0.71 earnings per share. Trimble has set its Q3 2026 guidance at 0.830-0.880 EPS and its FY 2026 guidance at 3.600-3.700 EPS. On average, sell-side analysts anticipate that Trimble Inc. will post 3.01 earnings per share for the current year.

Analyst Upgrades and Downgrades

Several research firms have recently weighed in on TRMB. Wall Street Zen cut shares of Trimble from a “buy” rating to a “hold” rating in a research note on Saturday, August 15th. Oppenheimer reaffirmed an “outperform” rating and set a $80.00 price target on shares of Trimble in a research report on Tuesday, July 7th. Raymond James Financial cut Trimble from a “moderate buy” rating to a “hold” rating in a report on Wednesday, July 22nd. Piper Sandler reiterated an “overweight” rating and issued a $87.00 price objective on shares of Trimble in a research report on Thursday, August 13th. Finally, Wells Fargo & Company cut their target price on Trimble from $70.00 to $61.00 and set an “overweight” rating for the company in a research note on Tuesday, July 14th. Nine investment analysts have rated the stock with a Buy rating, two have issued a Hold rating and one has given a Sell rating to the company. According to data from MarketBeat.com, the company presently has an average rating of “Moderate Buy” and a consensus price target of $81.78.

Insiders Place Their Bets

In other Trimble news, Director Kaigham Gabriel sold 1,718 shares of the business’s stock in a transaction that occurred on Tuesday, August 4th. The stock was sold at an average price of $60.00, for a total value of $103,080.00. Following the sale, the director owned 17,426 shares of the company’s stock, valued at $1,045,560. The trade was a 8.97% decrease in their ownership of the stock. The sale was disclosed in a document filed with the Securities & Exchange Commission, which is available through this link. The transaction was executed under a pre-arranged Rule 10b5-1 trading plan. Company insiders own 0.59% of the company’s stock.

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.