Trimble Inc. (TRMB)

Over the past six months, Trimble's stock price has fluctuated between $52.91 and $87.50, with a closing price of $80.80 as of January 12, 2026. In Q3 2025, Trimble's Adjusted EBITDA margin reached 29.9%, and non-GAAP operating income was $269.4 million. Trimble repurchased $677.4 million in shares year-to-date through Q2 2025, and the board authorized a $1.00 billion share repurchase program. Analysts have provided a mix of "Overweight" and "Buy" ratings for Trimble, with an average 12-month price target of $97.75. The divestiture of non-core businesses is part of Trimble's strategy to focus on higher-margin, recurring revenue businesses. Trimble insiders have sold more shares than they have bought in the past 90 days.

Demand for Trimble's products and services exhibits some seasonality, particularly in transportation and logistics due to the "peak season" around the holidays. As Trimble serves industries like construction and agriculture, demand may be influenced by economic downturns or seasonal variations. Trimble offers "on-demand usage" for its software user licenses, providing flexibility for customers to access additional licenses to support cyclical or seasonal fluctuations.

Trimble, Inc. connects the physical and digital worlds through integrated hardware, software, and services, enabling customers to measure, build, grow, and move goods more efficiently. The company operates across construction, geospatial, agriculture, and transportation industries. Trimble's business model has shifted towards a high-margin, subscription-based model, with software and services accounting for approximately three-quarters of its revenue. Major products and solutions include AECO (Architecture, Engineering, Construction, and Operations), Geospatial solutions, precision farming technologies, transportation and logistics solutions, and tools for natural resources and utilities management.

Trimble is a global company with employees in over 43 countries and its solutions are utilized by over 1.9 million commercial drivers in more than 150 countries. North America accounts for a significant portion of sales, with Europe representing 27% and Asia 13% as of Q4 2023. Trimble's global reference station network supports its positioning services.

Trimble's brand reputation is strong, driven by its focus on innovation and customer solutions. The company is recognized as a global leader in providing solutions that transform how the world works. Trimble highlights numerous customer success stories and recognizes customers for excellence through the Ovation Awards. Trimble has engaged in strategic partnerships and continues to launch new products, emphasizing AI integration. Trimble has announced a commitment to achieving net-zero carbon emissions by 2040.

Institutional investors collectively control over three-quarters of Trimble's stock, with major shareholders including Vanguard Group Inc., BlackRock, Inc., Morgan Stanley, and State Street Corp. Retail investors and other public companies hold a smaller portion of the shares. Insiders own approximately 0.33% to 1.15% of the stock.