TriNet Group, Inc. $TNET Shares Bought by Healthcare of Ontario Pension Plan Trust Fund

Healthcare of Ontario Pension Plan Trust Fund raised its position in TriNet Group, Inc. (NYSE:TNET) by 283.3% in the first quarter, Holdings Channel.com reports. The institutional investor owned 41,010 shares of the business services provider’s stock after purchasing an additional 30,310 shares during the period. Healthcare of Ontario Pension Plan Trust Fund’s holdings in TriNet Group were worth $1,494,000 as of its most recent filing with the Securities and Exchange Commission.

Other large investors have also modified their holdings of the company. Mitsubishi UFJ Trust & Banking Corp increased its holdings in shares of TriNet Group by 640.3% in the 4th quarter. Mitsubishi UFJ Trust & Banking Corp now owns 31,818 shares of the business services provider’s stock valued at $1,881,000 after acquiring an additional 27,520 shares during the period. Northwestern Mutual Wealth Management Co. boosted its stake in TriNet Group by 5,911,158.3% during the 4th quarter. Northwestern Mutual Wealth Management Co. now owns 709,351 shares of the business services provider’s stock worth $41,944,000 after purchasing an additional 709,339 shares during the period. Y Intercept Hong Kong Ltd grew its position in TriNet Group by 77.8% during the 1st quarter. Y Intercept Hong Kong Ltd now owns 59,638 shares of the business services provider’s stock worth $2,173,000 after purchasing an additional 26,099 shares during the last quarter. Norges Bank purchased a new position in TriNet Group during the 4th quarter worth $28,266,000. Finally, Jennison Associates LLC purchased a new position in TriNet Group during the 1st quarter worth $958,000. 96.81% of the stock is owned by institutional investors and hedge funds.

TriNet Group Trading Down 8.4%

NYSE TNET opened at $65.65 on Friday. The stock has a market capitalization of $3.02 billion, a P/E ratio of 17.55 and a beta of 0.99. TriNet Group, Inc. has a 52-week low of $33.60 and a 52-week high of $73.07. The firm has a 50-day moving average price of $52.60 and a 200 day moving average price of $47.01. The company has a quick ratio of 1.12, a current ratio of 1.12 and a debt-to-equity ratio of 10.80.

TriNet Group (NYSE:TNET) last released its earnings results on Thursday, July 30th. The business services provider reported $1.55 earnings per share (EPS) for the quarter, topping the consensus estimate of $0.93 by $0.62. The company had revenue of $1.18 billion for the quarter, compared to analysts’ expectations of $1.18 billion. TriNet Group had a return on equity of 256.72% and a net margin of 3.58%.During the same quarter in the previous year, the firm posted $1.15 EPS. TriNet Group has set its FY 2026 guidance at 4.500-5.100 EPS. Equities research analysts expect that TriNet Group, Inc. will post 3.55 EPS for the current year.

TriNet Group Announces Dividend

The firm also recently declared a quarterly dividend, which was paid on Monday, July 27th. Investors of record on Wednesday, July 1st were paid a $0.29 dividend. The ex-dividend date was Wednesday, July 1st. This represents a $1.16 dividend on an annualized basis and a dividend yield of 1.8%. TriNet Group’s payout ratio is 31.02%.

Insiders Place Their Bets

In related news, SVP Anthony Shea Treadway sold 933 shares of the company’s stock in a transaction on Tuesday, May 19th. The stock was sold at an average price of $43.46, for a total transaction of $40,548.18. Following the transaction, the senior vice president owned 67,678 shares of the company’s stock, valued at $2,941,285.88. This represents a 1.36% decrease in their ownership of the stock. The sale was disclosed in a legal filing with the SEC, which is available at this link. The transaction was executed under a pre-arranged Rule 10b5-1 trading plan. 40.00% of the stock is owned by corporate insiders.

Analysts Set New Price Targets

A number of brokerages have recently commented on TNET. Zacks Research cut shares of TriNet Group from a “strong-buy” rating to a “hold” rating in a report on Friday, July 3rd. Weiss Ratings raised TriNet Group from a “sell (d+)” rating to a “hold (c-)” rating in a report on Tuesday. Truist Financial boosted their price target on TriNet Group from $50.00 to $62.00 and gave the company a “hold” rating in a research report on Wednesday, July 22nd. UBS Group reduced their price objective on TriNet Group from $62.00 to $48.00 and set a “neutral” rating for the company in a research note on Tuesday, May 5th. Finally, TD Cowen lifted their target price on TriNet Group from $46.00 to $49.00 and gave the company a “hold” rating in a research note on Friday, June 26th. One equities research analyst has rated the stock with a Buy rating, five have given a Hold rating and one has given a Sell rating to the stock. Based on data from MarketBeat.com, the stock presently has a consensus rating of “Hold” and an average target price of $56.80.

Trending Headlines about TriNet Group

Here are the key news stories impacting TriNet Group this week:

• Positive Sentiment: Quarterly earnings beat expectations. TriNet reported adjusted EPS of $1.55, up from $1.15 a year earlier and above the $0.93–$1.01 analyst estimates. Revenue was $1.18 billion, essentially in line with expectations. TriNet Group Beats Q2 Earnings and Revenue Estimates
• Positive Sentiment: Management raised fiscal 2026 guidance. TriNet now expects adjusted EPS of $4.50 to $5.10, above the $4.34 consensus estimate, and revenue of approximately $4.8 billion to $4.9 billion. The company also reported 50% growth in GAAP earnings per diluted share and 35% growth in adjusted net income per share for the quarter. TriNet Announces Second Quarter 2026 Results and Raises FY26 Earnings Guidance
• Neutral Sentiment: Truist maintained its Hold rating. The unchanged stance indicates that the strong results and improved outlook may already be reflected in TriNet’s share price. Truist Maintains Hold Rating
• Negative Sentiment: JPMorgan retained an Underweight rating while raising its price target from $45 to $50. The new target remains substantially below the current trading level, signaling concern that valuation and upside potential are unfavorable despite the earnings momentum. Benzinga Analyst Update

TriNet Group Company Profile

TriNet Group, Inc is a leading professional employer organization (PEO) that offers integrated human capital management solutions to small and medium-size businesses. Through a bundled suite of services, TriNet manages payroll administration, employee benefits, workers’ compensation, risk mitigation and federal and state compliance. Its cloud-based platform provides clients with centralized access to HR tools, analytics and streamlined workforce management capabilities.

Founded in 1988 and headquartered in Dublin, California, TriNet has grown to support thousands of organizations across the United States.