Kirby-Smith Machinery becomes first Trimble tech outlet in the US

WESTMINSTER, Colo. - Trimble (NASDAQ:TRMB), a $17.3 billion technology company with a robust 67.7% gross profit margin, has announced a new partnership with Kirby-Smith Machinery, Inc., marking the latter as the first Trimble Technology Outlet in the United States. According to InvestingPro data, Trimble maintains a strong financial health rating, operating with moderate debt levels while delivering consistent profitability. This collaboration will enable Kirby-Smith Machinery to sell and support Trimble’s grade control technology for Komatsu, Takeuchi, and Hamm earthmoving equipment directly to contractors in Texas and Oklahoma.

The initiative is part of Trimble’s enhanced civil construction distribution strategy, aiming to broaden the availability of its technology to a wider range of machinery users. With annual revenue of $3.68 billion and a P/E ratio of 11.5, Trimble’s market position appears solid. The partnership promises to streamline the process for contractors to equip their machinery with Trimble’s advanced grade control systems, which are designed to enhance job site productivity and profitability. For deeper insights into Trimble’s financial metrics and growth potential, investors can access comprehensive analysis through InvestingPro, which offers exclusive ProTips and detailed financial health scores.

Ron Bisio, Senior Vice President of Field Systems at Trimble, expressed enthusiasm about the announcement. "Our goal is that anyone who wants to equip their machines with Trimble technology can do so easily, regardless of machine type," he said. Dennis Cox, Director of Smart Construction at Kirby-Smith, also highlighted the convenience of the new Trimble Works Subscription, which offers customers a flexible and scalable technology investment with predictable monthly payments.

Trimble’s technology integrates sensors, software, and automation to improve the positioning and operation of construction equipment, leading to increased accuracy and safety, while reducing wear and fuel consumption.

The availability of Trimble solutions at select Kirby-Smith locations comes as a response to customer demand for easier access to such technologies. The partnership between Trimble and Kirby-Smith Machinery is set to enhance the capabilities of construction equipment users, providing them with the tools to stay competitive in a rapidly evolving industry.

This strategic move reinforces Trimble’s commitment to transforming the way the world moves, builds, and lives by connecting the digital and physical realms to improve productivity and sustainability in various industries. Based on InvestingPro’s Fair Value analysis, Trimble’s stock is currently trading near its Fair Value, suggesting balanced market pricing. Investors seeking detailed insights can access Trimble’s comprehensive Pro Research Report, part of InvestingPro’s coverage of over 1,400 US equities.

The information for this article is based on a press release statement from Trimble.

In other recent news, Trimble Inc. reported fourth-quarter earnings that exceeded analyst expectations, with adjusted earnings per share reaching $0.89 against a consensus of $0.88. The company’s revenue for the quarter was $983.4 million, marking a 5% increase year-over-year and a 17% rise on an organic basis, surpassing estimates of $946.62 million. In addition, Annualized Recurring Revenue (ARR) grew by 14% year-over-year to $2.26 billion. For the fiscal year 2025, Trimble projects revenue between $3.37 billion and $3.47 billion, with adjusted EPS guidance ranging from $2.76 to $2.98. JPMorgan recently raised Trimble’s stock price target to $94 while maintaining an Overweight rating, citing expected improvements in sales and earnings throughout 2025.

Furthermore, Trimble has introduced Tekla Structures 2025, featuring AI-enabled enhancements aimed at increasing productivity in construction projects. The company also announced a collaboration with Daimler Truck North America to streamline fleet repair processes, integrating Trimble Road Call with Freightliner Service Tracker. Additionally, Trimble has partnered with STMicroelectronics to enhance precise positioning solutions for automotive and IoT applications. These developments reflect Trimble’s continued focus on innovation and strategic partnerships.

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