Envestnet cuts Trimble stake as Trimble stock sits 32.35 percent below its high
Published on 10/01/2026 at 12:15 | Editorial responsibility: Rafael Müller, Editor-in-Chief AD HOC NEWS
Trimble stock sat 32.35 percent below its NASDAQ 52-week high on October 1, 2026, with the session opening at USD 57.11 against a high of USD 84.42. As MarketBeat reported on October 1, 2026, Envestnet Asset Management reduced its Trimble holding by 12.80 percent during the second quarter.
Institutional ownership meets earnings growth
MarketBeat reported that Trimble's market capitalization stood at USD 13.32 billion on October 1, 2026, while institutional investors owned 93.21 percent of the stock. The ownership figure gives the filing a wider context because portfolio changes can affect the shareholder base even when they do not alter Trimble's operating outlook.
Trimble's fiscal second-quarter revenue reached USD 972.00 million, up 11.00 percent from the prior-year quarter and above the USD 952.09 million consensus estimate, according to MarketBeat. Management's fiscal third-quarter earnings guidance was USD 0.83-0.88 per share, while full-year fiscal 2026 guidance was USD 3.60-3.70 per share.
Analyst targets remain above the market
MarketBeat reported that nine of 12 covering firms held Buy ratings, with two Holds and one Sell, and an average 12-month target of USD 81.78. Against the USD 57.11 NASDAQ opening price cited for October 1, 2026, that target was USD 24.67 higher, although the target and the euro reference price required for German investors are different currency measures.
Trimble supplies positioning, modeling, connectivity and data-management solutions across construction, geospatial, transportation, agriculture, natural resources, utilities and government markets. Its operating picture therefore combines recurring software activity with hardware and field technology demand.
Next results date is November 4
GetSignal lists November 4, 2026 as Trimble's next earnings date. The upcoming report will give investors a new comparison point for the fiscal third-quarter guidance of USD 0.83-0.88 per share and the prior fiscal second-quarter revenue of USD 972.00 million.
Trimble stock facts
- Company: Trimble Inc.
- ISIN: US8962391058
- Ticker: TRMB
- Primary exchange: NASDAQ
- Market capitalization: USD 13.3 billion (as of October 1, 2026)
- 52-week range: USD 47.92-84.42 (as of October 1, 2026)
- Sector / Industry: Technology / Hardware, Equipment and Parts
- Index membership: S&P 500
- Next earnings date: November 4, 2026
