Trimble (TRMB)

• Market cap: $18.8B
• 1 day: 2.02%
• 5 days: 8.75%
• 1 month: 7.39%
• 3 months: 25.77%
• 6 months: 33.39%
• Year to date: 9.64%
• 1 year: 51.41%
• 5 years: 73.00%
• 10 years: 209.56%
• Sector: Industrials
• Industry: Measuring & Controlling Devices

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 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 (+$758M) [Q3]

7% more repeat investments, than reductions

Existing positions increased: 225 | Existing positions reduced: 211

9% less first-time investments, than exits

New positions opened: 71 | Existing positions closed: 78

3% less funds holding

Funds holding: 621 [Q2] → 605 (-16) [Q3]

4.59% less ownership

Funds ownership: 97.05% [Q2] → 92.46% (-4.59%) [Q3]

Research analyst outlook

5 Wall Street Analysts provided 1 year price targets over the past 3 months

• Low target: $84 10% upside
• Avg. target: $88 15% upside
• High target: $92 20% upside

5 analyst ratings

• positive: 5 100%
• neutral: 0 0%
• negative: 0 0%

Bernstein Chad Dillard 33% 1-year accuracy 1 / 3 met price target	11% upside $85	Outperform Maintained	11 Dec 2024
Oppenheimer Kristen Owen 42% 1-year accuracy 13 / 31 met price target	15% upside $88	Outperform Maintained	11 Dec 2024
Baird Richard Eastman 77% 1-year accuracy 17 / 22 met price target	18% upside $90	Outperform Maintained	11 Dec 2024
Piper Sandler Clarke Jeffries 58% 1-year accuracy 30 / 52 met price target	10% upside $84	Overweight Reiterated	11 Dec 2024
JP Morgan Tami Zakaria 53% 1-year accuracy 16 / 30 met price target	20% upside $92	Overweight Upgraded	4 Dec 2024