William Blair Has Pessimistic View of Trimble Q1 Earnings

Trimble Inc. (NASDAQ:TRMB - Free Report) - Stock analysts at William Blair cut their Q1 2025 earnings per share (EPS) estimates for shares of Trimble in a report released on Wednesday, February 19th. William Blair analyst J. Ho now expects that the scientific and technical instruments company will post earnings per share of $0.45 for the quarter, down from their prior forecast of $0.48. The consensus estimate for Trimble's current full-year earnings is $2.37 per share. William Blair also issued estimates for Trimble's Q2 2025 earnings at $0.47 EPS, Q4 2025 earnings at $0.83 EPS, FY2025 earnings at $2.34 EPS, Q1 2026 earnings at $0.54 EPS, Q3 2026 earnings at $0.71 EPS and FY2026 earnings at $2.68 EPS.

A number of other equities analysts have also issued reports on the company. JPMorgan Chase & Co. upgraded Trimble from a "neutral" rating to an "overweight" rating and raised their target price for the stock from $74.00 to $92.00 in a research note on Wednesday, December 4th. Sanford C. Bernstein raised their target price on Trimble from $82.00 to $85.00 and gave the stock an "outperform" rating in a research note on Wednesday, December 11th. StockNews.com upgraded Trimble from a "buy" rating to a "strong-buy" rating in a research note on Thursday, February 20th. Robert W. Baird raised their target price on Trimble from $82.00 to $90.00 and gave the stock an "outperform" rating in a research note on Wednesday, December 11th. Finally, Cfra upgraded Trimble from a "buy" rating to a "strong-buy" rating and set a $92.00 target price for the company in a research note on Thursday, February 20th. Seven investment analysts have rated the stock with a buy rating and two have issued a strong buy rating to the stock. According to MarketBeat.com, the company has a consensus rating of "Buy" and a consensus price target of $86.00.

Trimble Stock Down 1.0 %

Shares of Trimble stock traded down $0.71 during trading on Monday, reaching $70.68. The company's stock had a trading volume of 1,816,878 shares, compared to its average volume of 1,390,107. The company has a quick ratio of 1.07, a current ratio of 1.27 and a debt-to-equity ratio of 0.24. The company has a market cap of $17.37 billion, a price-to-earnings ratio of 11.61, a P/E/G ratio of 3.09 and a beta of 1.53. Trimble has a 1-year low of $48.65 and a 1-year high of $77.78. The company has a 50-day simple moving average of $73.21 and a two-hundred day simple moving average of $66.80.

Insider Buying and Selling at Trimble

In related news, VP Jennifer Allison sold 3,571 shares of Trimble stock in a transaction dated Friday, January 17th. The stock was sold at an average price of $74.75, for a total value of $266,932.25. Following the completion of the transaction, the vice president now owns 3,157 shares in the company, valued at $235,985.75. The trade was a 53.08 % decrease in their position. The sale was disclosed in a document filed with the Securities & Exchange Commission, which is available at the SEC website. Also, VP Christopher F. Keating sold 5,709 shares of Trimble stock in a transaction dated Tuesday, February 25th. The stock was sold at an average price of $72.00, for a total value of $411,048.00. The disclosure for this sale can be found here. In the last quarter, insiders sold 11,421 shares of company stock worth $831,683. Insiders own 0.47% of the company's stock.

Institutional Investors Weigh In On Trimble

Institutional investors have recently bought and sold shares of the company. Cullen Frost Bankers Inc. boosted its holdings in shares of Trimble by 0.6% during the 4th quarter. Cullen Frost Bankers Inc. now owns 22,969 shares of the scientific and technical instruments company's stock worth $1,623,000 after purchasing an additional 141 shares during the last quarter. Essex Investment Management Co. LLC raised its position in Trimble by 0.5% in the fourth quarter. Essex Investment Management Co. LLC now owns 28,546 shares of the scientific and technical instruments company's stock valued at $2,017,000 after purchasing an additional 141 shares during the period. SRS Capital Advisors Inc. raised its position in Trimble by 12.7% in the fourth quarter. SRS Capital Advisors Inc. now owns 1,322 shares of the scientific and technical instruments company's stock valued at $93,000 after purchasing an additional 149 shares during the period. M&T Bank Corp raised its position in Trimble by 1.6% in the fourth quarter. M&T Bank Corp now owns 10,155 shares of the scientific and technical instruments company's stock valued at $717,000 after purchasing an additional 156 shares during the period. Finally, Huntington National Bank raised its position in Trimble by 10.4% in the fourth quarter. Huntington National Bank now owns 1,768 shares of the scientific and technical instruments company's stock valued at $125,000 after purchasing an additional 167 shares during the period. 93.21% of the stock is currently owned by institutional investors and hedge funds.

Trimble Company 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.