VCI Wealth Management LLC Takes $1.30 Million Position in Trimble Inc. $TRMB

VCI Wealth Management LLC acquired a new position in Trimble Inc. (NASDAQ:TRMB – Free Report) in the fourth quarter, according to the company in its most recent disclosure with the SEC. The firm acquired 16,614 shares of the scientific and technical instruments company’s stock, valued at approximately $1,302,000.

Several other institutional investors and hedge funds have also recently added to or reduced their stakes in the company. Salomon & Ludwin LLC acquired a new stake in Trimble during the 3rd quarter valued at $25,000. Toth Financial Advisory Corp acquired a new stake in shares of Trimble in the fourth quarter worth $27,000. Root Financial Partners LLC purchased a new position in shares of Trimble during the third quarter valued at $30,000. Hantz Financial Services Inc. lifted its stake in Trimble by 90.8% in the 3rd quarter. Hantz Financial Services Inc. now owns 372 shares of the scientific and technical instruments company’s stock worth $30,000 after acquiring an additional 177 shares in the last quarter. Finally, Quarry LP lifted its stake in Trimble by 175.8% in the 3rd quarter. Quarry LP now owns 364 shares of the scientific and technical instruments company’s stock worth $30,000 after acquiring an additional 232 shares in the last quarter. 93.21% of the stock is currently owned by hedge funds and other institutional investors.

Analysts Set New Price Targets

TRMB has been the topic of several research analyst reports. Sanford C. Bernstein reaffirmed an “outperform” rating on shares of Trimble in a research note on Wednesday, February 11th. Weiss Ratings reissued a “hold (c)” rating on shares of Trimble in a research report on Wednesday, January 21st. Robert W. Baird decreased their price target 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. Oppenheimer reiterated an “outperform” rating and issued a $86.00 price objective on shares of Trimble in a research note on Tuesday, February 10th. Finally, Barclays increased their target price on shares of Trimble from $101.00 to $103.00 and gave the stock an “overweight” rating in a research report on Friday, March 6th. Ten research analysts have rated the stock with a Buy rating and two have assigned a Hold rating to the stock. According to data from MarketBeat, the company currently has a consensus rating of “Moderate Buy” and a consensus price target of $92.78.

View Our Latest Research Report on TRMB

Trimble Stock Up 2.4%

Shares of TRMB traded up $1.62 during midday trading on Friday, reaching $69.29. 1,519,171 shares of the stock were exchanged, compared to its average volume of 1,719,799. The company has a market cap of $16.08 billion, a price-to-earnings ratio of 39.59, a P/E/G ratio of 2.26 and a beta of 1.53. The company has a quick ratio of 0.96, a current ratio of 1.09 and a debt-to-equity ratio of 0.24. Trimble Inc. has a 12-month low of $55.55 and a 12-month high of $87.50. The firm has a 50 day simple moving average of $66.68 and a 200-day simple moving average of $73.96.

Trimble (NASDAQ:TRMB – Get Free Report) last announced its quarterly earnings results on Tuesday, February 10th. The scientific and technical instruments company reported $1.00 EPS for the quarter, beating the consensus estimate of $0.96 by $0.04. The business had revenue of $969.80 million during the quarter, compared to analysts’ expectations of $949.97 million. Trimble had a return on equity of 11.18% and a net margin of 11.82%.The firm’s quarterly revenue was down 1.4% compared to the same quarter last year. During the same quarter in the previous year, the business posted $0.89 EPS. Trimble has set its FY 2026 guidance at 3.420-3.620 EPS and its Q1 2026 guidance at 0.690-0.740 EPS. Research analysts forecast that Trimble Inc. will post 2.37 EPS for the current year.

Insider Activity at Trimble

In related news, VP Mark David Schwartz sold 16,725 shares of the company’s 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 sale, the vice president directly owned 19,668 shares in the company, valued at approximately $1,317,952.68. This represents a 45.96% decrease in their ownership of the stock. The sale was disclosed in a document filed with the SEC, which is accessible through this link. 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 the firm’s stock in a transaction dated 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 approximately $796,385.18. This trade represents a 38.67% decrease in their ownership of the stock. Additional details regarding this sale are available in the official SEC disclosure. 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 sold 31,725 shares of company stock valued at $2,151,167 over the last three months. Insiders own 0.54% of the company’s stock.

About Trimble

(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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