5,740 Shares in Trimble Inc. (NASDAQ:TRMB) Purchased by Oak Thistle LLC

Oak Thistle LLC acquired a new position in Trimble Inc. (NASDAQ:TRMB - Free Report) in the fourth quarter, according to its most recent Form 13F filing with the Securities and Exchange Commission. The firm acquired 5,740 shares of the scientific and technical instruments company's stock, valued at approximately $406,000.

A number of other large investors have also recently made changes to their positions in TRMB. TD Private Client Wealth LLC lifted its holdings in shares of Trimble by 722.2% in the 3rd quarter. TD Private Client Wealth LLC now owns 592 shares of the scientific and technical instruments company's stock valued at $37,000 after acquiring an additional 520 shares during the last quarter. Catalyst Capital Advisors LLC bought a new stake in shares of Trimble in the 3rd quarter valued at approximately $49,000. Friedenthal Financial bought a new stake in shares of Trimble in the 4th quarter valued at approximately $49,000. Cromwell Holdings LLC increased its position in shares of Trimble by 86.6% during the 3rd quarter. Cromwell Holdings LLC now owns 808 shares of the scientific and technical instruments company's stock valued at $50,000 after purchasing an additional 375 shares during the last quarter. Finally, Brown Brothers Harriman & Co. purchased a new stake in Trimble during the 2nd quarter valued at $52,000. 93.21% of the stock is currently owned by institutional investors.

Analyst Ratings Changes

A number of research analysts have weighed in on TRMB shares. Wolfe Research upgraded shares of Trimble from a "peer perform" rating to an "outperform" rating and set a $90.00 price objective on the stock in a research report on Monday, December 16th. Piper Sandler reiterated an "overweight" rating and set a $84.00 price target on shares of Trimble in a report on Wednesday, December 11th. StockNews.com raised shares of Trimble from a "hold" rating to a "buy" rating in a research note on Thursday, December 12th. Robert W. Baird upped their target price on Trimble from $82.00 to $90.00 and gave the company an "outperform" rating in a research note on Wednesday, December 11th. Finally, Sanford C. Bernstein raised their price target on Trimble from $82.00 to $85.00 and gave the stock an "outperform" rating in a research note on Wednesday, December 11th. Eight analysts have rated the stock with a buy rating, Based on data from MarketBeat.com, the stock has a consensus rating of "Buy" and an average price target of $84.86.

Trimble Trading Up 1.4 %

Shares of Trimble stock traded up $1.02 on Friday, hitting $74.92. 1,010,657 shares of the company traded hands, compared to its average volume of 1,257,358. The company has a current ratio of 1.16, a quick ratio of 1.07 and a debt-to-equity ratio of 0.24. The company has a market cap of $18.30 billion, a PE ratio of 12.53, a PEG ratio of 2.92 and a beta of 1.52. The stock's 50 day moving average price is $72.22 and its 200-day moving average price is $62.78. Trimble Inc. has a 52 week low of $48.60 and a 52 week high of $76.97.

Trimble Profile

Trimble Inc provides technology solutions that enable professionals and field mobile workers to enhance or transform their work processes worldwide. The company's Buildings and Infrastructure segment offers field and office software for project design and visualization; systems to guide and control construction equipment; software for 3D design and data sharing; systems to monitor, track, and manage assets, equipment, and workers; software to share and communicate data; program management solutions for construction owners; 3D conceptual design and modeling software; building information modeling software; enterprise resource planning, project management, and project collaboration solutions; integrated site layout and measurement systems; cost estimating, scheduling, and project controls solutions; and applications for sub-contractors and trades.