According to the most recent filing that Saturna Capital Corp. submitted to the SEC, the investment firm increased the proportion of its holdings in Trimble INC (NASDAQ: TRMB) by 0.3% during the third quarter.
The fund ended up with a total of 1,569,328 shares of the stock held by the manufacturer of scientific and technical equipment after making additional purchases of 4,350 shares throughout the period. Saturna Capital Corp. has approximately 2.1% of its total holdings invested in Trimble, placing the company’s position as the fifteenth largest among all of its investments.
At the end of the most recent reporting period, Saturna Capital Corp. owned 0.64% of Trimble, which had a value of $85,167,000.
In addition, hedge funds and various other institutional investors have altered how they invest in the company to take advantage of recent developments.
During the third quarter, Sumitomo Mitsui Trust Holdings INC increased the amount of Trimble stock owned by 2.7%, bringing its total ownership percentage to 100%. Sumitomo Mitsui Trust Holdings INC now has 4,494,627 shares of the stock that the scientific and technical instruments company issued.
This was accomplished by acquiring 118,318 additional shares during the fiscal quarter.
This results in a value for the company of 243,923,000 dollars on the market.
The amount of Trimble stock that Toronto Dominion Bank owned grew by 1.1% during the second quarter due to the bank’s purchase of additional shares.
After making an additional purchase of 1,836 shares during the previous quarter, Toronto Dominion Bank now has a total of 162,230 of the company’s shares, which corresponds to a market capitalization of $9,445,000.
This increase was brought about as a result of the bank’s decision to invest in the company.
During the second quarter, the State of Michigan Retirement System increased the amount of Trimble stock owned by 6.6%, bringing its total ownership percentage to 100%.
The stock of the scientific and technical instruments company was added to the State of Michigan Retirement System’s holdings by an additional 4,200 shares during the most recent quarter, bringing the total number of shares held by the system to 67,523.
The current value of these shares, when traded on the market, is $3,932,000.
Metis Global Partners LLC increased the proportion of Trimble stock owned by 33.1% during the year’s second quarter.
After making an additional 1,316 share purchases during the relevant period, Metis Global Partners LLC now has 5,291 shares of the scientific and technical instruments business.
These shares are currently worth $308,000 at the current market price. Finally, Sumitomo Mitsui DS Asset Management Company Ltd increased the percentage of Trimble shares in its portfolio by 2.3% during the third quarter. Sumitomo Mitsui DS Asset Management Company Ltd currently holds 41,829 shares of the scientific and technical instruments company’s stock, with a market value of $2,270,000.
This comes after 922 shares of the company’s stock were purchased during the quarter.
To the tune of 89.49% of the company’s shares, hedge funds and various other types of institutional investors are the owners of those shares.
Several equity analysts have recently published research articles based on their investigations into the company. Oppenheimer decreased their price objective for Trimble from $80.00 to $72.00 in a research note published on November 3rd.
Piper Sandler lowered their price objective for Trimble stock from $65.00 to $60.00 and changed their recommendation of the company’s shares from “buy” to “neutral” in a research note published on Thursday. While maintaining an “outperform” rating on the company’s stock, Robert W.
Baird lowered the price objective for Trimble’s stock from $65.00 to $63.00 in a research report published on Thursday.
A research report published on Thursday, November 3rd, indicated that the “buy” rating assigned to Trimble had been changed to a “hold” rating.
The report also indicated that the change in rating had been made public.
In a report released on Tuesday, December 13th, Morgan Stanley raised their price objective on Trimble from $63.00 to $65.00 and rated the stock “equal weight.” This was the last and most important piece of news regarding the company.
The stock has been given a hold rating by all six research professionals, with only two recommending that investors purchase it.
The information was obtained from Bloomberg.com, stating that the company is currently rated as having an average of “Hold” and that the price target is $63.60.
The price of a share of Trimble rose by $0.30 during the trading session that took place on Monday, bringing the total to $55.98.
There were 69,884 transactions in the company’s stock, which is significantly lower than the daily volume of 1,146,827 shares that the company trades transactions in the company’s stock, which is significantly lower than the daily volume of 1,146,827 shares that the company trades. Over the last 52 weeks, the high and low points for Trimble INC were, respectively, $74.87 and $47.52 in share price.
The company’s market capitalization is currently sitting at $13.81 billion, with a price-to-earnings ratio of 31.11, a price-to-earnings-growth ratio of 1.94, and a beta of 1.59.
The company’s moving average over the previous 50 days is $54.38, and the moving average over the previous 200 days is $58.46.
The debt-to-equity ratio is 0.30, the current ratio is 1.04, and the quick ratio is 0.76.
All of these numbers are relative to one another.
These numbers can all be understood by one another.
Trimble, INC is a company that specializes in developing and providing solutions for a variety of positioning technologies.
The geospatial, building and infrastructure, resource and utility, and transportation industries are among its business segments.
In addition to that, there are the geospatial, building, and utility markets.
The commercial division in charge of buildings and infrastructure provides services to building architects, engineers, construction companies, building owners, and building operators.
These responsibilities fall under the purview of the business division.
Conduct research into the business dealings of any other hedge funds that have holdings in TRMB. On the website HoldingsChannel.com, you can find information on the most recent insider trades involving Trimble INC and the 13F filings that have been submitted (NASDAQ: TRMB).
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