UBS cuts Brent crude oil forecasts
Trimble Inc. (NASDAQ:TRMB) Corporate Vice President, General Counsel, Jennifer Allison, sold 3,156 shares of common stock on July 10, 2025, at a price of $80. The total value of the transaction amounted to $252,480. The sale comes as Trimble, with a market capitalization of $19.1 billion, trades near its 52-week high of $81.66. According to InvestingPro analysis, the stock appears to be fairly valued at current levels.
Following the transaction, Allison directly owns 2,881.889 shares of Trimble Inc.
In other recent news, Trimble Inc. reported stronger-than-expected first-quarter results, with adjusted earnings per share of $0.61, surpassing analyst projections of $0.58. The company’s revenue reached $840.6 million, exceeding the consensus estimate of $811.4 million, despite a 12% year-over-year decline. Trimble’s annualized recurring revenue hit a record $2.18 billion, marking a 7% year-over-year increase and a 15% rise on an organic basis. The firm maintained its 2025 outlook, projecting revenue between $3.37 billion and $3.47 billion and adjusted EPS of $2.76 to $2.98.
In other developments, JPMorgan has raised its price target for Trimble shares to $88 from $84, maintaining an Overweight rating, following a presentation by Trimble’s leadership that reinforced confidence in the company’s growth prospects. Bernstein SocGen Group also reiterated its Outperform rating on Trimble, setting a price target of $80, and highlighted the company’s effective cross-selling strategy and robust demand in the construction technology sector. Additionally, Trimble shareholders elected all ten director nominees and approved executive compensation during the company’s annual meeting, while also ratifying KPMG as the independent registered public accounting firm.
Trimble’s management has emphasized its strategy to achieve approximately 30% enterprise adjusted EBITDA margins by 2027, up from the 27.8-28.8% margin guidance for 2025. The company is also taking steps to manage tariff impacts, implementing a 4% surcharge to counterbalance additional costs in its Field System segment. These recent developments underscore Trimble’s ongoing efforts to strengthen its market position and deliver sustained growth despite economic uncertainties.
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