ASO GROUP Ltd Makes New $1.64 Million Investment in Trimble Inc. $TRMB

ASO GROUP Ltd bought a new position in Trimble Inc. (NASDAQ:TRMB) in the fourth quarter, according to the company in its most recent disclosure with the SEC. The fund bought 20,905 shares of the scientific and technical instruments company’s stock, valued at approximately $1,638,000. Trimble accounts for about 0.6% of ASO GROUP Ltd’s investment portfolio, making the stock its 25th largest position.

A number of other large investors have also added to or reduced their stakes in the stock. Principal Securities Inc. grew its position in Trimble by 8.3% in the 4th quarter. Principal Securities Inc. now owns 3,346 shares of the scientific and technical instruments company’s stock worth $262,000 after purchasing an additional 256 shares during the period. Aviva PLC grew its position in Trimble by 4.9% in the 4th quarter. Aviva PLC now owns 200,154 shares of the scientific and technical instruments company’s stock worth $15,682,000 after purchasing an additional 9,440 shares during the period. Logan Capital Management Inc. grew its position in Trimble by 3.3% in the 4th quarter. Logan Capital Management Inc. now owns 123,372 shares of the scientific and technical instruments company’s stock worth $9,666,000 after purchasing an additional 3,933 shares during the period. Kovack Advisors Inc. grew its position in Trimble by 22.5% in the 4th quarter. Kovack Advisors Inc. now owns 14,053 shares of the scientific and technical instruments company’s stock worth $1,068,000 after purchasing an additional 2,579 shares during the period. Finally, Sepio Capital LP grew its position in Trimble by 3.7% in the 4th quarter. Sepio Capital LP now owns 24,661 shares of the scientific and technical instruments company’s stock worth $1,932,000 after purchasing an additional 871 shares during the period. Institutional investors own 93.21% of the company’s stock.

Insider Activity at Trimble

In other news, CEO Robert G. Painter sold 7,500 shares of the company’s stock in a transaction that occurred on Tuesday, April 14th. The shares were sold at an average price of $66.94, for a total value of $502,050.00. Following the completion of the sale, the chief executive officer owned 11,897 shares of the company’s stock, valued at approximately $796,385.18. This represents a 38.67% decrease in their position. The sale was disclosed in a document filed with the Securities & Exchange Commission, 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, VP Mark David Schwartz sold 16,725 shares of the company’s stock in a transaction that occurred on Thursday, April 16th. The stock was sold at an average price of $67.01, for a total transaction of $1,120,742.25. Following the completion of the sale, the vice president directly owned 19,668 shares of the company’s stock, valued at $1,317,952.68. The trade was a 45.96% decrease in their position. 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. 0.59% of the stock is currently owned by corporate insiders.

Trimble Trading Down 1.2%

Shares of TRMB stock opened at $50.00 on Friday. Trimble Inc. has a 1 year low of $48.90 and a 1 year high of $87.50. The firm has a fifty day moving average price of $60.96 and a 200-day moving average price of $68.81. The company has a debt-to-equity ratio of 0.25, a current ratio of 1.01 and a quick ratio of 0.88. The company has a market cap of $11.66 billion, a price-to-earnings ratio of 26.32, a PEG ratio of 1.69 and a beta of 1.38.

Trimble (NASDAQ:TRMB) last issued its quarterly earnings data on Wednesday, May 6th. The scientific and technical instruments company reported $0.79 earnings per share (EPS) for the quarter, beating analysts’ consensus estimates of $0.72 by $0.07. Trimble had a net margin of 12.38% and a return on equity of 11.61%. The firm had revenue of $939.90 million during the quarter, compared to the consensus estimate of $905.60 million. During the same quarter in the previous year, the firm posted $0.61 EPS. The company’s revenue for the quarter was up 11.8% compared to the same quarter last year. Trimble has set its Q2 2026 guidance at 0.780-0.820 EPS and its FY 2026 guidance at 3.470-3.640 EPS. As a group, equities analysts predict that Trimble Inc. will post 2.99 earnings per share for the current year.

Wall Street Analysts Forecast Growth

A number of equities research analysts have commented on TRMB shares. Weiss Ratings downgraded shares of Trimble from a “hold (c)” rating to a “hold (c-)” rating in a research report on Thursday, June 4th. Piper Sandler cut their target price on shares of Trimble from $97.00 to $87.00 and set an “overweight” rating for the company in a research report on Wednesday, May 6th. Wells Fargo & Company cut their target price on shares of Trimble from $79.00 to $70.00 and set an “overweight” rating for the company in a research report on Thursday, May 7th. Oppenheimer cut their price objective on shares of Trimble from $86.00 to $80.00 and set an “outperform” rating for the company in a research report on Thursday, May 7th. Finally, Zacks Research downgraded shares of Trimble from a “strong-buy” rating to a “hold” rating in a research report on Monday, April 13th. Ten equities research analysts have rated the stock with a Buy rating and two have assigned a Hold rating to the stock. Based on data from MarketBeat.com, Trimble currently has a consensus rating of “Moderate Buy” and a consensus target price of $87.33.

Trimble Company 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.