Key Points
- Trimble director Kaigham Gabriel sold 2,476 shares at an average price of $65, generating $160,940. The Rule 10b5-1 transaction reduced his direct holdings by 14.21% to 14,950 shares.
- Trimble reported quarterly EPS of $0.86, beating estimates of $0.80, while revenue rose 11% year over year to $972 million. The company issued third-quarter 2026 EPS guidance of $0.83–$0.88 and full-year guidance of $3.60–$3.70.
- Analysts maintain a generally positive view, with nine Buy ratings, two Holds and one Sell, producing a consensus rating of “Moderate Buy” and an average price target of $79.56. Institutional investors own 93.21% of the company.
Trimble Inc. (NASDAQ:TRMB - Get Free Report) Director Kaigham Gabriel sold 2,476 shares of the firm's stock in a transaction that occurred on Thursday, October 29th. The shares were sold at an average price of $65.00, for a total value of $160,940.00. Following the completion of the sale, the director directly owned 14,950 shares in the company, valued at $971,750. This trade represents a 14.21% decrease in their position. The transaction was disclosed in a legal filing with the Securities & Exchange Commission, which is available at this hyperlink. The transaction was executed under a pre-arranged Rule 10b5-1 trading plan.
Kaigham Gabriel also recently made the following trade(s):
- On Tuesday, August 4th, Kaigham Gabriel sold 1,718 shares of Trimble stock. The shares were sold at an average price of $60.00, for a total value of $103,080.00.
Trimble Stock Up 1.4%
Shares of TRMB stock opened at $65.84 on Tuesday. Trimble Inc. has a one year low of $47.92 and a one year high of $84.42. 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 fifty day moving average price of $59.94 and a 200 day moving average price of $60.87. The stock has a market cap of $15.35 billion, a P/E ratio of -134.36, a price-to-earnings-growth ratio of 2.08 and a beta of 1.34.
Trimble (NASDAQ:TRMB - Get Free Report) last released its quarterly earnings data 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. Trimble had a negative net margin of 2.77% and a positive return on equity of 12.29%. The company had revenue of $972.00 million during the quarter, compared to the consensus estimate of $952.09 million. During the same period last year, the firm earned $0.71 EPS. The firm's revenue for the quarter was up 11.0% compared to the same quarter last year. Trimble has set its Q3 2026 guidance at 0.830-0.880 EPS and its FY 2026 guidance at 3.600-3.700 EPS. Analysts predict that Trimble Inc. will post 3.10 earnings per share for the current year.
Analyst Upgrades and Downgrades
A number of research analysts have commented on TRMB shares. Piper Sandler restated an "overweight" rating and set a $87.00 price target on shares of Trimble in a research note on Thursday, August 13th. Oppenheimer reiterated an "outperform" rating and issued a $80.00 price objective on shares of Trimble in a research note on Tuesday, July 7th. Barclays increased their target price on Trimble from $79.00 to $80.00 and gave the stock an "overweight" rating in a report on Wednesday, August 19th. Sanford C. Bernstein cut their target price on Trimble from $85.00 to $73.00 and set an "outperform" rating for the company in a research report on Thursday, August 13th. Finally, Loop Capital began coverage on Trimble in a research report on Monday, October 26th. They issued a "buy" rating and a $76.00 price target on the stock. Nine equities research analysts have rated the stock with a Buy rating, two have issued a Hold rating and one has issued a Sell rating to the stock. According to data from MarketBeat, the stock has an average rating of "Moderate Buy" and a consensus price target of $79.56.
View Our Latest Stock Analysis on TRMB
Institutional Investors Weigh In On Trimble
Hedge funds have recently made changes to their positions in the company. BlackRock Inc. acquired a new stake in shares of Trimble in the 2nd quarter valued at $1,096,304,000. Generation Investment Management LLP acquired a new position in shares of Trimble during the second quarter valued at $367,994,000. Primecap Management Co. CA acquired a new position in shares of Trimble during the second quarter valued at $200,405,000. Legal & General Group Plc acquired a new position in shares of Trimble during the second quarter valued at $112,613,000. Finally, Hsbc Holdings PLC bought a new position in Trimble in the second quarter valued at about $109,046,000. Institutional investors and hedge funds own 93.21% of the company's stock.
Trimble Company Profile
(
Get Free Report)
Trimble Inc develops technology solutions that connect the physical and digital worlds across construction, geospatial, transportation, agriculture, natural resources and other industrial markets. Its portfolio combines positioning technologies, field and office software, data services, connected devices and autonomous or machine-control systems to help customers plan, measure, build, manage and maintain physical assets.
The company's products and services include surveying and mapping equipment, global navigation satellite system and positioning technologies, construction modeling and project-management software, machine-control systems, fleet and transportation-management solutions, and agricultural guidance and precision-farming tools.
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