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Trimble Inc - TRMB STOCK NEWS

Welcome to our dedicated page for Trimble news (Ticker: TRMB), a resource for investors and traders seeking the latest updates and insights on Trimble stock.

Overview of Trimble Inc

Trimble Inc (TRMB) is a global technology solutions provider that seamlessly connects the physical and digital worlds through advanced positioning, modeling, connectivity and data analytics. With a broad portfolio covering hardware, software and services, Trimble delivers integrated solutions that drive enhanced productivity, quality, safety, transparency and sustainability for professionals across multiple industries.

Core Business Areas

At its core, Trimble transforms workflows by providing purpose-built products and enterprise lifecycle solutions that serve diverse sectors such as construction, geospatial, agriculture, transportation and logistics. The company’s reportable segments include Buildings and Infrastructure—which caters to architects, engineers and construction professionals—Geospatial, Resources and Utilities, and Transportation. Each business unit is designed to optimize operational efficiency by leveraging cutting-edge technologies and sophisticated data analytics.

Innovative Technologies and Solutions

Trimble has established a reputation for integrating digital innovations with traditional industry practices. Its solutions include:

  • Positioning and Modeling: Tools that accurately map and model real-world environments.
  • Connectivity and Data Analytics: Platforms that enable real-time insights, secure data exchanges and collaborative workflows across job sites and offices.
  • Reality Capture: Advanced systems using 3D laser scanning, mobile mapping and aerial vehicles to digitize physical assets for improved project management.
  • Fleet Management and Telematics: Solutions that enhance vehicle tracking, navigation and fleet efficiency through integrated in-cab technology.

Market Position and Competitive Landscape

Serving customers in over 140 countries, Trimble’s global network of dealers and distribution partners ensures its advanced solutions are accessible worldwide. Its ability to integrate complex systems—from construction workflow management to advanced analytics—positions Trimble as a significant player among peers in digital transformation. Trimble’s strategy emphasizes empowering professionals with interoperable solutions that integrate seamlessly with a range of third-party systems and proprietary software, ensuring that every link in the workflow is optimized for maximum return on investment and operational efficiency.

Operational Excellence and Industry Expertise

With deep industry expertise, Trimble supports a variety of client segments through its connected ecosystem, where cloud-based platforms and analytical tools foster enhanced decision-making. This ecosystem includes elements like integrated project management software for construction, mobile solutions for field workforce connectivity and advanced AI-driven capabilities that streamline data capture and analysis. The company is known for its commitment to maintaining data integrity and securing collaboration platforms, making its solutions robust and reliable.

Enhanced Collaboration and Digital Transformation

Trimble’s offerings are not merely about technology adoption; they focus on transforming traditional workflows into highly efficient, interconnected processes that span from design to on-site execution and post-construction management. This digital transformation is evident in solutions like the cloud-based common data environment, which facilitates the secure sharing and processing of massive datasets, as well as innovative initiatives that incorporate artificial intelligence to automate repetitive tasks and enhance the creative process in design and construction.

Broader Industry Impact

Beyond the core segments, Trimble’s diverse range of digital tools supports industries with critical operational challenges. Whether it is through enhancing visibility in freight transportation markets or enabling real-time data accessibility on the job site, Trimble’s technology is fundamental to modernizing industries. By connecting physical assets with digital environments, Trimble leads its customers towards higher efficiency, better safety standards and improved project outcomes.

This comprehensive approach, underpinned by decades of expertise and continuous technological innovation, positions Trimble Inc as a respected and trusted provider in the global marketplace, making it a cornerstone for professionals seeking to optimize their operational workflows without compromising on quality or safety.

Rhea-AI Summary
Badger Meter, Inc. (NYSE: BMI) has acquired remote water monitoring hardware and software from Trimble (NASDAQ:TRMB), including the Telog brand of RTUs and Trimble Unity Remote Monitoring software. This acquisition expands the company's offerings for real-time monitoring in water, wastewater, stormwater, and environmental water monitoring. The Chairman, President, and CEO, Kenneth C. Bockhorst, sees this acquisition as a strategic fit that enhances the company's growth plans and provides customers with more efficient, resilient, and sustainable solutions.
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Trimble (TRMB) completes sale of remote water monitoring hardware and software to Badger Meter, Inc. The divestiture aligns with Trimble's long-term growth strategy. The financial terms were not disclosed. Trimble will retain its water-related businesses serving marine construction, infrastructure monitoring, and surveying.
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Trimble (NASDAQ: TRMB) and Sabanto integrate Trimble BX992 Dual Antenna GNSS receivers with Trimble CenterPoint® RTX for centimeter-level accuracy in autonomous farming equipment. The partnership aims to enhance productivity, minimize downtime, and alleviate workforce shortages for farmers.
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Trimble (TRMB) collaborates with IIT Kanpur to support a new program in uncrewed aerial vehicles (UAV) in India. The collaboration aims to provide local expertise in developing best practices for UAV georeferencing and training future generations in the latest UAV technology, contributing to the country's 'Made in India' commercial UAV solutions. With the fastest growing UAV market projection by 2025, this collaboration is poised to have a significant impact on India's agriculture, telecom, urban development, and other industries.
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Immervision (TBD) - Pascale Nini, the main shareholder and longtime President and CEO, has hired a new Chief Executive Officer, Michel Van Maercke, to fuel growth and propel the company to new heights. The press release highlights the transition of Pascale Nini into the role of Executive Chairwoman and the appointment of Michel Van Maercke as the new CEO. Van Maercke brings with him extensive experience in the technology industry, having led various companies to significant success. His appointment is expected to drive Immervision's growth and development in the tech industry on an international scale.
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Trimble announces the availability of Automatic Invoicing in their Viewpoint Spectrum and Vista ERP Software. The integration of Azure AI Document Intelligence allows for the automatic conversion of paper and PDF invoices into validated entries, reducing errors and improving workflows. The new feature aims to save contractors time, effort, and money.
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Trimble and Ferguson have integrated their data to digitize the construction supply chain. Ferguson locations nationwide have joined Trimble's Supplier Xchange network, allowing contractors to access up-to-date pricing information and seamlessly place purchase orders. This collaboration improves efficiency, accuracy, and speed in workflows between estimating, procurement, purchasing, accounting, and project management. Trimble's Supplier Xchange network handles over 10,000 digital connections and 130,000 quote requests per month with an average value of $18 billion USD.
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Trimble partners with The HALO Trust to expand demining operations in Ukraine. Trimble's GNSS technology aids in locating and clearing landmines. The Trimble Foundation Fund grant supports HALO's capacity building and coordination efforts.
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Trimble announced that Chief Financial Officer David Barnes will retire in May 2024. Phil Sawarynski, currently the Vice President of Treasury, Corporate Development, and Co-Lead of Trimble Ventures, will take over as the new CFO. Barnes and Sawarynski will work together for the next six months to ensure a smooth transition. Sawarynski has been with Trimble since 2009 and has held various leadership roles.
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Trimble Inc. announced its financial results for the third quarter of 2023. The company reported record annualized recurring revenue of $1.94 billion, up 25% YoY, and a third-quarter revenue of $957.3 million, up 8% YoY. Trimble achieved a GAAP gross margin of 61.7% and a non-GAAP gross margin of 65.0%. The GAAP operating income margin was 12.7%, and the non-GAAP operating income margin was 26.2%.
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FAQ

What is the current stock price of Trimble (TRMB)?

The current stock price of Trimble (TRMB) is $65.38 as of April 1, 2025.

What is the market cap of Trimble (TRMB)?

The market cap of Trimble (TRMB) is approximately 16.1B.

What core industries does Trimble serve?

Trimble serves a wide range of industries including construction, geospatial, transportation, agriculture, and utilities, by providing technology solutions that connect physical and digital workflows.

How does Trimble generate its revenue?

Trimble generates revenue through a diverse portfolio encompassing hardware, software, and subscription-based services, addressing needs from enterprise lifecycle solutions to field asset management.

What is Trimble’s value proposition?

Trimble’s value lies in integrating precise positioning, advanced modeling, and real-time data analytics to improve productivity, safety, and sustainability across various industries.

How does Trimble support digital transformation?

Trimble leverages cloud-based platforms, AI-enhanced tools, and connectivity solutions to transform traditional workflows into efficient digital ecosystems, enabling better decision making and collaboration.

What are the major business segments of Trimble?

Trimble operates through key segments such as Buildings and Infrastructure, Geospatial, Resources and Utilities, and Transportation, each designed to address specific market challenges.

How does Trimble's technology improve field operations?

By integrating cutting-edge reality capture, telematics, and mobile connectivity, Trimble’s solutions enable seamless data transfer from the job site to the office, enhancing operational efficiency and safety.

In what ways is Trimble leveraging AI in its solutions?

Trimble incorporates AI to automate data capture, enhance point cloud analysis, enable predictive analytics and streamline repetitive tasks, ultimately boosting workflow efficiency.

How does Trimble maintain a competitive edge in its market?

Trimble’s competitive advantage is rooted in its comprehensive, integrated ecosystem, global presence and continuous innovation, which together enhance customer ROI and operational excellence.
Trimble Inc

NYSE:TRMB

TRMB Rankings

TRMB Stock Data

16.05B
244.91M
0.35%
96.65%
1.2%
Scientific & Technical Instruments
Measuring & Controlling Devices, Nec
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United States
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