TrimbleTRMB
Market Cap: $13.2B
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
Fund manager confidence
Based on 2024 Q2 SEC filings by fund managers ($100M+ AUM)
179% more call options, than puts
Call options by funds: $32.8M | Put options by funds: $11.7M
37% more first-time investments, than exits
New positions opened: 93 | Existing positions closed: 68
25% more funds holding in top 10
Funds holding in top 10: 4 [Q1] → 5 (+1) [Q2]
4% more funds holding
Funds holding: 592 [Q1] → 617 (+25) [Q2]
2% more repeat investments, than reductions
Existing positions increased: 213 | Existing positions reduced: 208
1.94% less ownership
Funds ownership: 94.5% [Q1] → 92.56% (-1.94%) [Q2]
15% less capital invested
Capital invested by funds: $14.9B [Q1] → $12.6B (-$2.27B) [Q2]
Research analyst outlook
4 Wall Street Analysts provided 1 year price targets over the past 3 months
4 analyst ratings
Piper Sandler Clarke Jeffries 48% 1-year accuracy 24 / 50 met price target | 35%upside $73 | Overweight Reiterated | 19 Aug 2024 |
Baird Richard Eastman 44% 1-year accuracy 7 / 16 met price target | 22%upside $66 | Outperform Maintained | 8 Aug 2024 |
JP Morgan Tami Zakaria 42% 1-year accuracy 13 / 31 met price target | 7%upside $58 | Neutral Maintained | 7 Aug 2024 |
Oppenheimer Kristen Owen 43% 1-year accuracy 9 / 21 met price target | 33%upside $72 | Outperform Reiterated | 7 Aug 2024 |
Financial journalist opinion
Based on 7 articles about TRMB published over the past 30 days