BlackRock Amends Trimble (TRMB) Stake, Signals Portfolio Adjustment

Ticker: TRMB · Form: SC 13G/A · Filed: 2024-01-26T00:00:00.000Z

Sentiment: neutral

Topics: institutional-ownership, amendment, portfolio-change

TL;DR

**BlackRock just tweaked its Trimble (TRMB) stake, watch for market reaction.**

AI Summary

BlackRock Inc. filed an amended Schedule 13G/A on January 26, 2024, indicating its ownership of TRIMBLE INC. (TRMB) common stock as of December 31, 2023. This is the 15th amendment to their filing, showing a change in their beneficial ownership. For investors, this means a major institutional investor like BlackRock is adjusting its position in Trimble, which could signal their evolving outlook on the company's future performance.

Why It Matters

When a major institutional investor like BlackRock adjusts its holdings, it can influence market sentiment and potentially impact the stock price of TRIMBLE INC.

Risk Assessment

Risk Level: low — This filing is a routine disclosure of institutional ownership changes and does not inherently present a high risk.

Analyst Insight

Investors should monitor subsequent filings from BlackRock or other major institutions to see if this change in ownership reflects a broader trend or a specific strategic move related to TRIMBLE INC.'s performance or outlook.

Key Players & Entities

FAQ

What type of SEC filing is this document?

This document is an SC 13G/A, which is an amendment to a Schedule 13G filing, as indicated by 'FORM TYPE: SC 13G/A' and 'SCHEDULE 13G Under the Securities Exchange Act of 1934 (Amendment No: 15)'.

Who is the reporting person in this filing?

The reporting person is BlackRock Inc., as stated under the 'FILED BY' section and 'COMPANY CONFORMED NAME: BlackRock Inc.'.

What is the subject company whose securities are being reported?

The subject company is TRIMBLE INC., as identified under 'SUBJECT COMPANY: COMPANY CONFORMED NAME: TRIMBLE INC.'.

What is the CUSIP number for the securities mentioned in this filing?

The CUSIP number for the Common Stock of TRIMBLE INC. is 896239100, as listed under 'CUSIP No. 896239100'.

What was the 'Date of Event Which Requires Filing of this Statement'?

The date of the event which required the filing of this statement was December 31, 2023, as specified in the filing.

From the Filing

0001086364-24-004412.txt : 20240126 0001086364-24-004412.hdr.sgml : 20240126 20240126114946 ACCESSION NUMBER: 0001086364-24-004412 CONFORMED SUBMISSION TYPE: SC 13G/A PUBLIC DOCUMENT COUNT: 1 FILED AS OF DATE: 20240126 DATE AS OF CHANGE: 20240126 SUBJECT COMPANY: COMPANY DATA: COMPANY CONFORMED NAME: TRIMBLE INC. CENTRAL INDEX KEY: 0000864749 STANDARD INDUSTRIAL CLASSIFICATION: MEASURING & CONTROLLING DEVICES, NEC [3829] ORGANIZATION NAME: 08 Industrial Applications and Services IRS NUMBER: 942802192 STATE OF INCORPORATION: DE FISCAL YEAR END: 1229 FILING VALUES: FORM TYPE: SC 13G/A SEC ACT: 1934 Act SEC FILE NUMBER: 005-41460 FILM NUMBER: 24565922 BUSINESS ADDRESS: STREET 1: 10368 WESTMOOR DR CITY: WESTMINSTER STATE: CO ZIP: 80021 BUSINESS PHONE: (720) 887-6100 MAIL ADDRESS: STREET 1: 10368 WESTMOOR DR CITY: WESTMINSTER STATE: CO ZIP: 80021 FORMER COMPANY: FORMER CONFORMED NAME: TRIMBLE NAVIGATION LTD /CA/ DATE OF NAME CHANGE: 19930328 FILED BY: COMPANY DATA: COMPANY CONFORMED NAME: BlackRock Inc. CENTRAL INDEX KEY: 0001364742 STANDARD INDUSTRIAL CLASSIFICATION: SECURITY BROKERS, DEALERS & FLOTATION COMPANIES [6211] ORGANIZATION NAME: 02 Finance IRS NUMBER: 320174431 STATE OF INCORPORATION: DE FISCAL YEAR END: 1231 FILING VALUES: FORM TYPE: SC 13G/A BUSINESS ADDRESS: STREET 1: 50 HUDSON YARDS CITY: NEW YORK STATE: NY ZIP: 10001 BUSINESS PHONE: 212-810-5300 MAIL ADDRESS: STREET 1: 50 HUDSON YARDS CITY: NEW YORK STATE: NY ZIP: 10001 FORMER COMPANY: FORMER CONFORMED NAME: BlackRock, Inc. DATE OF NAME CHANGE: 20060929 FORMER COMPANY: FORMER CONFORMED NAME: New BlackRock, Inc. DATE OF NAME CHANGE: 20060601 SC 13G/A 1 us8962391004_012624.txt us8962391004_012624.txt SECURITIES AND EXCHANGE COMMISSION Washington, D.C. 20549 SCHEDULE 13G Under the Securities Exchange Act of 1934 (Amendment No: 15) TRIMBLE INC -------------------------------------------------------- (Name of Issuer) Common Stock -------------------------------------------------------- (Title of Class of Securities) 896239100 -------------------------------------------------------- (CUSIP Number) December 31, 2023 -------------------------------------------------------- (Date of Event Which Requires Filing of this Statement) Check the appropriate box to designate the rule pursuant to which this Schedule is filed: [X] Rule 13d-1(b) [ ] Rule 13d-1(c) [ ] Rule 13d-1(d) *The remainder of this cover page shall be filled out for a reporting person's initial filing on this form with respect to the subject class of securities, and for any subsequent amendment containing information which would alter the disclosures provided in a prior cover page. The information required in the remainder of this cover page shall not be deemed to be "filed" for the purpose of Section 18 of the Securities Exchange Act of 1934 ("Act") or otherwise subject to the liabilities of that section of the Act but shall be subject to all other provisions of the Act (however, see the Notes). CUSIP No. 896239100 (1)Names of reporting persons. BlackRock, Inc. (2) Check the appropriate box if a member of a group (a) [ ] (b) [X] (3) SEC use only (4) Citizenship or place of organization Delaware Number of shares beneficially owned by each reporting person with: (5) Sole voting power 17544185 (6) Shared voting power 0 (7) Sole dispositive power 19423674 (8) Shared dispositive power 0 (9) Aggregate amount beneficially owned by each reporting person 19423674 (10) Check if the aggregate amount in Row (9) excludes certain shares (11) Percent of class represented by amount in Row 9 7.8% (12) Type of reporting person HC Item 1. Item 1(a) Name of issuer: ----------------------------------------------------------------------- TRIMBLE INC Item 1(b) Address of issuer's principal executive offices: ----------------------------------------------------------------------- 10368 WESTMOOR DR WESTMINSTER CO 80021 Item 2. 2(a) Name of person filing: ---------------------------------------------------------------------- BlackRock, I

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