TrimbleTRMB
TRMB
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 6,809 funds
0
Analysts bullish %
of 5 analysts
Fund manager confidence
Based on 2024 Q3 regulatory filings by fund managers ($100M+ AUM)
80% more funds holding in top 10
Funds holding in top 10: 5 [Q2] → 9 (+4) [Q3]
44% more call options, than puts
Call options by funds: $35.4M | Put options by funds: $24.6M
6% more capital invested
Capital invested by funds: $13.2B [Q2] → $14B (+$746M) [Q3]
7% more repeat investments, than reductions
Existing positions increased: 225 | Existing positions reduced: 211
2% less funds holding
Funds holding: 621 [Q2] → 606 (-15) [Q3]
4.64% less ownership
Funds ownership: 96.8% [Q2] → 92.16% (-4.64%) [Q3]
17% less first-time investments, than exits
New positions opened: 71 | Existing positions closed: 86
Research analyst outlook
5 Wall Street Analysts provided 1 year price targets over the past 3 months
Low target
$84
17%
upside
Avg. target
$88
23%
upside
High target
$92
28%
upside
5 analyst ratings
5 positive
100%
0 neutral
0%
0 negative
0%
Bernstein Chad Dillard 33% 1-year accuracy 1 / 3 met price target | 19%upside $85 | Outperform Maintained | 11 Dec 2024 |
Oppenheimer Kristen Owen 42% 1-year accuracy 13 / 31 met price target | 23%upside $88 | Outperform Maintained | 11 Dec 2024 |
Baird Richard Eastman 65% 1-year accuracy 15 / 23 met price target | 26%upside $90 | Outperform Maintained | 11 Dec 2024 |
Piper Sandler Clarke Jeffries 61% 1-year accuracy 30 / 49 met price target | 17%upside $84 | Overweight Reiterated | 11 Dec 2024 |
JP Morgan Tami Zakaria 55% 1-year accuracy 17 / 31 met price target | 28%upside $92 | Overweight Upgraded | 4 Dec 2024 |
Financial journalist opinion
Based on 7 articles about TRMB published over the past 30 days
Neutral
GlobeNewsWire
4 days ago
MINILUXE ANNOUNCES FRANCHISEE OPERATOR PARTNERSHIP
MiniLuxe signs agreement with respected Boston entrepreneur, Quynh Pham, who will also invest in MiniLuxe's private placement and advise the Company on its talent recruitment. MiniLuxe signs agreement with respected Boston entrepreneur, Quynh Pham, who will also invest in MiniLuxe's private placement and advise the Company on its talent recruitment.
Positive
The Motley Fool
4 days ago
These 3 Stocks Are Beating the S&P 500 in 2024. They Could All Do It Again in 2025.
It's been an excellent year for equities, and one of the standout investment themes was the construction and infrastructure sector. In particular, companies that use emerging technologies to add value to their solutions for their customers have outperformed.
Neutral
PRNewsWire
5 days ago
Trimble and GroundProbe Collaborate to Offer Complete Monitoring Portfolio for Geotechnical and Geospatial Mining Professionals
Integrated approach means less hassle and more support for complete slope stability monitoring solutions WESTMINSTER, Colo. and BRISBANE, Australia , Dec. 16, 2024 /PRNewswire/ -- Trimble® (Nasdaq: TRMB) and GroundProbe, part of Orica Digital Solutions (ASX: ORI) specializing in real-time solutions for measuring and monitoring geohazards, have announced a new collaboration.
Neutral
PRNewsWire
1 week ago
Trimble Unveils 2025 Carrier and Shipper Findings in Transportation Pulse Report
Digitization, cost control and market expansion are among the top priorities for European and North American transportation industry WESTMINSTER, Colo. , Dec. 12, 2024 /PRNewswire/ -- Trimble® (Nasdaq: TRMB) has announced the release of the annual Transportation Pulse Report by Transporeon, a Trimble Company, which unveils key developments that will shape the transportation and logistics sector in 2025.
Neutral
PRNewsWire
1 week ago
Trimble Announces the SketchUp 0-60 Challenge Winners
Competition fosters innovation in AI and technology development to solve common pain points and drive the architecture, engineering and construction (AEC) industry forward WESTMINSTER, Colo., Dec. 11, 2024 /PRNewswire/ -- Trimble® (Nasdaq: TRMB) announced the winners of the SketchUp® 0-60 Challenge, an initiative created by Trimble S ketchUp and Trimble Ventures to foster innovation and discover the next big idea that will transform how architects, designers and project managers work.
Positive
Zacks Investment Research
1 week ago
Trimble (TRMB) Up 4.5% Since Last Earnings Report: Can It Continue?
Trimble (TRMB) reported earnings 30 days ago. What's next for the stock?
Positive
Seeking Alpha
3 weeks ago
Trimble: Anticipating Double-Digits Growth In ARR; Initiating With 'Buy'
Trimble's strategic shift towards software-driven models and double-digit ARR growth supports a 'Buy' rating with a one-year target price of $86 per share. Divestiture of non-core businesses, including a $2 billion joint venture sale to AGCO, enables Trimble to focus on high-growth areas and unlock value. Projected organic revenue growth of 8% and ARR growth of 11%-13% in FY24, driven by strong performance in Buildings and Infrastructure, Geospatial, and other segments.
Neutral
PRNewsWire
1 month ago
Performance Food Group Selects Trimble as Premier Fleet Management Provider
Performance Food Group migrates 100 percent of its fleet management business to Trimble Instinct, doubling Trimble-serviced trucks WESTMINSTER, Colo. , Nov. 21, 2024 /PRNewswire/ -- Trimble® (Nasdaq: TRMB) announced today that Performance Food Group Company (PFG) (NYSE:PFGC), one of North America's largest food and foodservice distribution companies, has selected Trimble, as its premier fleet management provider — servicing 100 percent of PFG's fleet business and doubling the number of trucks managed with Trimble in-cab technology from 4,000 to more than 8,000.
Positive
The Motley Fool
1 month ago
Up Nearly 40% Since August, This Hot Technology Stock's Growth Is Just Getting Started
Up Nearly 40% Since August, This Hot Technology Stock's Growth Is Just Getting Started
Neutral
PRNewsWire
1 month ago
Trimble receives expected delisting and deficiency notice from Nasdaq
To date, management has not identified any errors that would require a restatement of financials WESTMINSTER, Colo. , Nov. 14, 2024 /PRNewswire/ -- On November 13, 2024, Trimble Inc. (NASDAQ: TRMB) received a staff delisting determination from the Listing Qualifications Department of The Nasdaq Stock Market LLC, informing the Company that Nasdaq has initiated a process which could result in the delisting of the Company's common stock from Nasdaq as a result of the Company not being in compliance with Nasdaq Listing Rule 5250(c)(1), which requires listed companies to timely file all required periodic financial reports with the Securities and Exchange Commission.
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