OMERS ADMINISTRATION Corp Trims Stock Holdings in Trimble Inc. $TRMB

OMERS ADMINISTRATION Corp reduced its stake in shares of Trimble Inc. (NASDAQ:TRMB) by 30.1% during the first quarter, according to the company in its most recent 13F filing with the Securities & Exchange Commission. The institutional investor owned 21,899 shares of the scientific and technical instruments company’s stock after selling 9,412 shares during the period. OMERS ADMINISTRATION Corp’s holdings in Trimble were worth $1,428,000 at the end of the most recent reporting period.

A number of other institutional investors and hedge funds also recently added to or reduced their stakes in the company. ABN Amro Investment Solutions raised its position in shares of Trimble by 90.8% during the 4th quarter. ABN Amro Investment Solutions now owns 60,512 shares of the scientific and technical instruments company’s stock valued at $4,741,000 after purchasing an additional 28,791 shares during the period. Sivia Capital Partners LLC bought a new position in Trimble in the 2nd quarter worth $208,000. Swedbank AB increased its stake in Trimble by 60.0% in the 4th quarter. Swedbank AB now owns 508,180 shares of the scientific and technical instruments company’s stock worth $39,816,000 after buying an additional 190,638 shares in the last quarter. National Pension Service raised its holdings in Trimble by 49.4% during the fourth quarter. National Pension Service now owns 57,132 shares of the scientific and technical instruments company’s stock valued at $4,476,000 after acquiring an additional 18,897 shares during the period. Finally, Massachusetts Financial Services Co. MA lifted its position in shares of Trimble by 19.1% in the fourth quarter. Massachusetts Financial Services Co. MA now owns 4,217,742 shares of the scientific and technical instruments company’s stock valued at $330,460,000 after acquiring an additional 675,134 shares in the last quarter. Institutional investors own 93.21% of the company’s stock.

Analyst Upgrades and Downgrades

A number of equities analysts have recently weighed in on the company. JPMorgan Chase & Co. dropped their price objective on Trimble from $88.00 to $75.00 and set an “overweight” rating for the company in a research note on Monday, July 13th. Weiss Ratings cut Trimble from a “hold (c)” rating to a “hold (c-)” rating in a report on Thursday, June 4th. Oppenheimer restated an “outperform” rating and issued a $80.00 price target on shares of Trimble in a research note on Tuesday, July 7th. Wells Fargo & Company reduced their price objective on shares of Trimble from $70.00 to $61.00 and set an “overweight” rating on the stock in a research report on Tuesday, July 14th. Finally, Wall Street Zen upgraded shares of Trimble from a “hold” rating to a “buy” rating in a research report on Saturday, May 9th. Nine research analysts have rated the stock with a Buy rating and three have given a Hold rating to the company’s stock. According to MarketBeat.com, Trimble presently has a consensus rating of “Moderate Buy” and an average target price of $83.78.

Trimble Price Performance

NASDAQ:TRMB opened at $58.24 on Thursday. The company has a current ratio of 1.01, a quick ratio of 0.88 and a debt-to-equity ratio of 0.25. The company has a market capitalization of $13.58 billion, a P/E ratio of 30.65, a P/E/G ratio of 1.94 and a beta of 1.38. Trimble Inc. has a 12 month low of $47.92 and a 12 month high of $87.50. The business’s 50-day moving average is $52.91 and its 200 day moving average is $61.93.

Trimble (NASDAQ:TRMB) last announced its quarterly earnings results on Wednesday, May 6th. The scientific and technical instruments company reported $0.79 EPS for the quarter, beating analysts’ consensus estimates of $0.72 by $0.07. The company had revenue of $939.90 million during the quarter, compared to analyst estimates of $905.60 million. Trimble had a return on equity of 11.61% and a net margin of 12.38%.The firm’s revenue was up 11.8% on a year-over-year basis. During the same period in the prior year, the company 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. On average, equities research analysts forecast that Trimble Inc. will post 3.01 earnings per share for the current fiscal year.

About Trimble

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.