TRMB stock icon

Trimble
TRMB

$58.61
2.64%

Market Cap: 14.3B

 

About: Trimble Inc provides a technology solutions provider that enables office and mobile professionals to connect their workflows and asset lifecycles to drive a more productive, sustainable future. The company has four reportable segments: Buildings and Infrastructure, Geospatial, Resources and Utilities, and Transportation. The company generates the majority of its revenue from the Buildings and Infrastructure segment, which primarily serves customers working in architecture, engineering, construction, design, asset management, operations, and maintenance.

Employees: 12,700

0
Funds holding %
of 6,702 funds
0
Analysts bullish %
of 11 analysts
0
News positive %
of 6 articles

Fund manager confidence

Based on 2024 Q1 SEC filings by fund managers ($100M+ AUM)

42% more first-time investments, than exits

New positions opened: 88 | Existing positions closed: 62

18% more capital invested

Capital invested by funds: $12.1B [Q4 2023] → $14.3B (+$2.22B) [Q1 2024]

5% more funds holding

Funds holding: 558 [Q4 2023] → 584 (+26) [Q1 2024]

3% more call options, than puts

Call options by funds: $50.4M | Put options by funds: $49.1M

2% more repeat investments, than reductions

Existing positions increased: 195 | Existing positions reduced: 191

0% more funds holding in top 10

Funds holding in top 10: 4 [Q4 2023] → 4 (+0) [Q1 2024]

0.74% less ownership

Funds ownership: 91.65% [Q4 2023] → 90.92% (-0.74%) [Q1 2024]

Research analyst outlook

11 Wall Street Analysts provided 1 year price forecasts over the past 6 months

Low target
$56
4%
downside
Avg. target
$68
16%
upside
High target
$73
25%
upside

11 analyst ratings

positive
82%
neutral
18%
negative
0%
Raymond James
Brian Gesuale
11%upside
$65
Outperform
Reiterated
15 May 2024
Oppenheimer
Kristen Owen
23%upside
$72
Outperform
Maintained
6 May 2024
Piper Sandler
Clarke Jeffries
25%upside
$73
Overweight
Reiterated
6 May 2024
JP Morgan
Tami Zakaria
14%upside
$67
Neutral
Maintained
1 May 2024
Piper Sandler
Clarke Jeffries
25%upside
$73
Overweight
Reiterated
15 Apr 2024

Financial journalist opinion

Based on 6 articles about TRMB published over the past 30 days