Trimble (NASDAQ:TRMB) Rating Lowered to “Hold” at Wall Street Zen

by · The Cerbat Gem

Trimble (NASDAQ:TRMB – Get Free Report) was downgraded by analysts at Wall Street Zen from a “buy” rating to a “hold” rating in a report issued on Saturday, Wall Street Zen reports.

A number of other research firms also recently commented on TRMB. Weiss Ratings downgraded Trimble from a “hold (c-)” rating to a “sell (d)” rating in a research report on Thursday, August 13th. Oppenheimer restated an “outperform” rating and issued a $80.00 price target on shares of Trimble in a research report on Tuesday, July 7th. Barclays upped their price target on shares of Trimble from $79.00 to $80.00 and gave the company an “overweight” rating in a research note on Wednesday, August 19th. Piper Sandler reissued an “overweight” rating and issued a $87.00 price objective on shares of Trimble in a research note on Thursday, August 13th. Finally, Wells Fargo & Company reduced their target price on shares of Trimble from $70.00 to $61.00 and set an “overweight” rating on the stock in a report on Tuesday, July 14th. Nine analysts have rated the stock with a Buy rating, two have issued a Hold rating and one has assigned a Sell rating to the company’s stock. According to MarketBeat, Trimble presently has an average rating of “Moderate Buy” and an average price target of $81.78.

Get Our Latest Analysis on TRMB

Trimble Price Performance

Shares of NASDAQ:TRMB opened at $59.47 on Friday. The firm has a market cap of $13.87 billion, a price-to-earnings ratio of -121.36, a P/E/G ratio of 1.93 and a beta of 1.36. The firm has a fifty day moving average price of $56.11 and a 200 day moving average price of $59.70. Trimble has a fifty-two week low of $47.92 and a fifty-two week high of $84.42. The company has a debt-to-equity ratio of 0.28, a quick ratio of 0.82 and a current ratio of 0.95.

Trimble (NASDAQ:TRMB – Get Free Report) last posted its earnings results on Wednesday, August 12th. The scientific and technical instruments company reported $0.86 EPS for the quarter, topping analysts’ consensus estimates of $0.80 by $0.06. The company had revenue of $972.00 million for the quarter, compared to the consensus estimate of $952.09 million. Trimble had a positive return on equity of 12.29% and a negative net margin of 2.77%.The firm’s revenue for the quarter was up 11.0% on a year-over-year basis. During the same period in the previous 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. As a group, sell-side analysts expect that Trimble will post 3.08 earnings per share for the current fiscal year.

Insider Buying and Selling at Trimble

In other Trimble news, Director Kaigham Gabriel sold 1,718 shares of the company’s stock in a transaction 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 transaction, the director owned 17,426 shares of the company’s stock, valued at $1,045,560. This represents a 8.97% decrease in their position. The sale was disclosed in a legal filing with the SEC, which is available through this hyperlink. The transaction was executed under a pre-arranged Rule 10b5-1 trading plan. Insiders own 0.59% of the company’s stock.

Institutional Trading of Trimble

Large investors have recently made changes to their positions in the stock. Rothschild Investment LLC increased its stake in Trimble by 193.6% in the 4th 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 during the period. Frazier Financial Advisors LLC purchased a new stake in Trimble in the 2nd quarter valued at about $25,000. DV Equities LLC bought a new position in Trimble in the 4th quarter worth about $26,000. Bank of Jackson Hole Trust bought a new position in Trimble in the 4th quarter worth about $27,000. Finally, Vega Investment Solutions purchased a new position in shares of Trimble during the second quarter worth approximately $29,000. 93.21% of the stock is owned by hedge funds and other institutional investors.

Trimble Company Profile

(Get Free Report)

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.

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