Thrivent Financial for Lutherans Has $149.43 Million Holdings in Trimble Inc. $TRMB

Thrivent Financial for Lutherans lessened its position in shares of Trimble Inc. (NASDAQ:TRMB) by 15.8% in the fourth quarter, according to its most recent filing with the SEC. The firm owned 1,907,177 shares of the scientific and technical instruments company’s stock after selling 356,559 shares during the quarter. Thrivent Financial for Lutherans’ holdings in Trimble were worth $149,428,000 at the end of the most recent quarter.

A number of other institutional investors and hedge funds have also added to or reduced their stakes in the company. Essex Investment Management Co. LLC grew its position in shares of Trimble by 168.8% during the 3rd quarter. Essex Investment Management Co. LLC now owns 45,669 shares of the scientific and technical instruments company’s stock worth $3,729,000 after buying an additional 28,676 shares during the period. Barclays PLC boosted its position in shares of Trimble by 17.5% during the 3rd quarter. Barclays PLC now owns 839,625 shares of the scientific and technical instruments company’s stock worth $68,555,000 after purchasing an additional 124,772 shares in the last quarter. Envestnet Asset Management Inc. boosted its position in shares of Trimble by 73.3% during the 3rd quarter. Envestnet Asset Management Inc. now owns 481,877 shares of the scientific and technical instruments company’s stock worth $39,345,000 after purchasing an additional 203,804 shares in the last quarter. ARK Investment Management LLC boosted its position in shares of Trimble by 13.8% during the 3rd quarter. ARK Investment Management LLC now owns 918,438 shares of the scientific and technical instruments company’s stock worth $74,990,000 after purchasing an additional 111,450 shares in the last quarter. Finally, ArrowMark Colorado Holdings LLC boosted its position in shares of Trimble by 2.8% during the 3rd quarter. ArrowMark Colorado Holdings LLC now owns 1,550,758 shares of the scientific and technical instruments company’s stock worth $126,619,000 after purchasing an additional 42,929 shares in the last quarter. Institutional investors and hedge funds own 93.21% of the company’s stock.

Trimble Price Performance

Shares of TRMB opened at $55.76 on Friday. Trimble Inc. has a 12-month low of $54.60 and a 12-month high of $87.50. The business’s fifty day moving average is $65.67 and its 200 day moving average is $72.12. The company has a quick ratio of 0.88, a current ratio of 1.01 and a debt-to-equity ratio of 0.25. The stock has a market cap of $13.00 billion, a P/E ratio of 29.35, a P/E/G ratio of 1.83 and a beta of 1.45.

Trimble (NASDAQ:TRMB) last issued its earnings results on Wednesday, May 6th. The scientific and technical instruments company reported $0.79 earnings per share (EPS) for the quarter, topping analysts’ consensus estimates of $0.72 by $0.07. Trimble had a return on equity of 11.61% and a net margin of 12.38%.The company had revenue of $939.90 million for the quarter, compared to analysts’ expectations of $905.60 million. During the same period last year, the business earned $0.61 EPS. Trimble’s quarterly revenue 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. Sell-side analysts anticipate that Trimble Inc. will post 3 earnings per share for the current fiscal year.

Insider Buying and Selling at Trimble

In other Trimble news, VP Mark David Schwartz sold 16,725 shares of the firm’s stock in a transaction 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 transaction, the vice president directly owned 19,668 shares in the company, valued at approximately $1,317,952.68. This trade represents a 45.96% decrease in their position. The sale was disclosed in a legal filing with the Securities & Exchange Commission, which is accessible through the SEC website. 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 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 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. The disclosure for this sale is available in the SEC filing. 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. Over the last 90 days, insiders have sold 31,725 shares of company stock worth $2,151,167. Company insiders own 0.59% of the company’s stock.

Analyst Ratings Changes

TRMB has been the topic of a number of research analyst reports. Oppenheimer cut their price objective on shares of Trimble from $86.00 to $80.00 and set an “outperform” rating on the stock in a research report on Thursday, May 7th. Zacks Research cut Trimble from a “strong-buy” rating to a “hold” rating in a report on Monday, April 13th. Barclays increased their target price on Trimble from $101.00 to $103.00 and gave the stock an “overweight” rating in a report on Friday, March 6th. Weiss Ratings reiterated a “hold (c)” rating on shares of Trimble in a report on Wednesday, January 21st. Finally, Sanford C. Bernstein reiterated an “outperform” rating on shares of Trimble in a report on Wednesday, February 11th. Ten research analysts have rated the stock with a Buy rating and two have given a Hold rating to the company’s stock. According to MarketBeat, the stock has a consensus rating of “Moderate Buy” and an average price target of $90.00.

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.