Savant Capital LLC Has $811,000 Holdings in Trimble Inc. (NASDAQ:TRMB)

Savant Capital LLC raised its position in shares of Trimble Inc. (NASDAQ:TRMB) by 2.2% in the fourth quarter, according to its most recent filing with the SEC. The firm owned 11,471 shares of the scientific and technical instruments company’s stock after purchasing an additional 247 shares during the quarter. Savant Capital LLC’s holdings in Trimble were worth $811,000 at the end of the most recent quarter.

Other institutional investors and hedge funds have also added to or reduced their stakes in the company. TD Private Client Wealth LLC increased its position in Trimble by 722.2% during the 3rd quarter. TD Private Client Wealth LLC now owns 592 shares of the scientific and technical instruments company’s stock valued at $37,000 after purchasing an additional 520 shares during the period. Friedenthal Financial acquired a new stake in Trimble during the 4th quarter valued at approximately $49,000. Mather Group LLC. increased its position in Trimble by 86.4% during the 4th quarter. Mather Group LLC. now owns 740 shares of the scientific and technical instruments company’s stock valued at $52,000 after purchasing an additional 343 shares during the period. Catalyst Capital Advisors LLC acquired a new stake in shares of Trimble during the 3rd quarter worth approximately $49,000. Finally, Cromwell Holdings LLC grew its position in shares of Trimble by 86.6% during the 3rd quarter. Cromwell Holdings LLC now owns 808 shares of the scientific and technical instruments company’s stock worth $50,000 after buying an additional 375 shares during the period. Institutional investors and hedge funds own 93.21% of the company’s stock.

Trimble Price Performance

Shares of TRMB opened at $74.29 on Friday. Trimble Inc. has a 12-month low of $48.65 and a 12-month high of $77.78. The business’s fifty day moving average is $73.33 and its 200 day moving average is $65.61. The company has a quick ratio of 1.07, a current ratio of 1.16 and a debt-to-equity ratio of 0.24. The stock has a market cap of $18.26 billion, a P/E ratio of 12.42, a P/E/G ratio of 3.14 and a beta of 1.53.

Insider Buying and Selling

In other Trimble news, VP Jennifer Allison sold 3,571 shares of the firm’s stock in a transaction on Friday, January 17th. The stock was sold at an average price of $74.75, for a total transaction of $266,932.25. Following the transaction, the vice president now directly owns 3,157 shares in the company, valued at approximately $235,985.75. This trade represents a 53.08 % decrease in their position. The sale was disclosed in a legal filing with the Securities & Exchange Commission, which is accessible through the SEC website. 0.47% of the stock is owned by company insiders.

Analyst Ratings Changes

Several brokerages have recently commented on TRMB. StockNews.com raised shares of Trimble from a “hold” rating to a “buy” rating in a research report on Thursday, December 12th. Oppenheimer raised their price objective on shares of Trimble from $77.00 to $88.00 and gave the stock an “outperform” rating in a research report on Wednesday, December 11th. Wolfe Research raised shares of Trimble from a “peer perform” rating to an “outperform” rating and set a $90.00 price objective for the company in a research report on Monday, December 16th. Sanford C. Bernstein raised their price objective on shares of Trimble from $82.00 to $85.00 and gave the stock an “outperform” rating in a research report on Wednesday, December 11th. Finally, JPMorgan Chase & Co. raised shares of Trimble from a “neutral” rating to an “overweight” rating and raised their price objective for the stock from $74.00 to $92.00 in a research report on Wednesday, December 4th. Eight equities research analysts have rated the stock with a buy rating, According to MarketBeat.com, the company presently has an average rating of “Buy” and an average target price of $84.86.

About Trimble

Trimble Inc provides technology solutions that enable professionals and field mobile workers to enhance or transform their work processes worldwide. The company's Buildings and Infrastructure segment offers field and office software for project design and visualization; systems to guide and control construction equipment; software for 3D design and data sharing; systems to monitor, track, and manage assets, equipment, and workers; software to share and communicate data; program management solutions for construction owners; 3D conceptual design and modeling software; building information modeling software; enterprise resource planning, project management, and project collaboration solutions; integrated site layout and measurement systems; cost estimating, scheduling, and project controls solutions; and applications for sub-contractors and trades.