Reinhart Partners LLC. increased its stake in shares of Insperity, Inc. (NYSE:NSP – Free Report) by 12.1% in the second quarter, according to its most recent 13F filing with the SEC. The firm owned 3,304,074 shares of the business services provider’s stock after purchasing an additional 356,365 shares during the period. Insperity makes up approximately 3.1% of Reinhart Partners LLC.’s investment portfolio, making the stock its 9th largest position. Reinhart Partners LLC. owned 8.66% of Insperity worth $136,492,000 at the end of the most recent reporting period.
Other institutional investors have also recently added to or reduced their stakes in the company. Public Employees Retirement System of Ohio lifted its stake in Insperity by 48.1% during the first quarter. Public Employees Retirement System of Ohio now owns 1,299 shares of the business services provider’s stock worth $35,000 after purchasing an additional 422 shares in the last quarter. Signaturefd LLC grew its stake in shares of Insperity by 363.3% in the fourth quarter. Signaturefd LLC now owns 959 shares of the business services provider’s stock valued at $37,000 after buying an additional 752 shares in the last quarter. Farther Finance Advisors LLC raised its holdings in shares of Insperity by 871.6% in the 4th quarter. Farther Finance Advisors LLC now owns 991 shares of the business services provider’s stock valued at $38,000 after buying an additional 889 shares during the period. Allworth Financial LP raised its holdings in shares of Insperity by 845.3% in the 4th quarter. Allworth Financial LP now owns 1,106 shares of the business services provider’s stock valued at $43,000 after buying an additional 989 shares during the period. Finally, Caitong International Asset Management Co. Ltd lifted its stake in Insperity by 75.9% during the 3rd quarter. Caitong International Asset Management Co. Ltd now owns 964 shares of the business services provider’s stock worth $47,000 after acquiring an additional 416 shares in the last quarter. Institutional investors and hedge funds own 93.44% of the company’s stock.
Analyst Ratings Changes
A number of equities analysts recently commented on the company. Zacks Research upgraded Insperity from a “strong sell” rating to a “hold” rating in a report on Wednesday, July 29th. Robert W. Baird set a $56.00 price target on shares of Insperity in a research report on Friday, July 31st. Weiss Ratings raised shares of Insperity from a “sell (d)” rating to a “sell (d+)” rating in a research report on Wednesday, July 15th. Wall Street Zen upgraded shares of Insperity from a “sell” rating to a “hold” rating in a report on Saturday, May 9th. Finally, Truist Financial set a $52.00 target price on shares of Insperity and gave the stock a “hold” rating in a research note on Wednesday, July 22nd. One research analyst has rated the stock with a Buy rating, two have issued a Hold rating and two have issued a Sell rating to the company. According to MarketBeat.com, the stock has an average rating of “Reduce” and an average price target of $53.33.
Insperity Price Performance
Shares of NYSE NSP opened at $52.45 on Friday. The company has a debt-to-equity ratio of 6.87, a current ratio of 1.11 and a quick ratio of 1.11. The company has a market cap of $2.00 billion, a price-to-earnings ratio of -121.97 and a beta of 0.52. The stock’s 50-day moving average is $43.64 and its two-hundred day moving average is $34.91. Insperity, Inc. has a 1-year low of $18.57 and a 1-year high of $57.22.
Insperity (NYSE:NSP – Get Free Report) last announced its quarterly earnings data on Wednesday, July 29th. The business services provider reported $0.34 earnings per share (EPS) for the quarter, beating the consensus estimate of $0.32 by $0.02. The business had revenue of $1.69 billion during the quarter, compared to analysts’ expectations of $1.67 billion. Insperity had a negative return on equity of 19.99% and a negative net margin of 0.23%.The business’s quarterly revenue was up 1.7% compared to the same quarter last year. During the same quarter last year, the business posted $0.26 EPS. Insperity has set its FY 2026 guidance at 1.880-2.430 EPS and its Q3 2026 guidance at -0.090-0.410 EPS. Analysts forecast that Insperity, Inc. will post 1.07 EPS for the current fiscal year.
Insperity Dividend Announcement
The firm also recently declared a quarterly dividend, which was paid on Thursday, June 18th. Shareholders of record on Thursday, June 4th were issued a dividend of $0.60 per share. This represents a $2.40 dividend on an annualized basis and a yield of 4.6%. The ex-dividend date of this dividend was Thursday, June 4th. Insperity’s payout ratio is -558.14%.
Insider Activity at Insperity
In other Insperity news, CEO Paul J. Sarvadi bought 233,000 shares of the business’s stock in a transaction dated Wednesday, June 3rd. The shares were acquired at an average price of $34.05 per share, with a total value of $7,933,650.00. Following the transaction, the chief executive officer owned 1,105,912 shares of the company’s stock, valued at approximately $37,656,303.60. The trade was a 26.69% increase in their ownership of the stock. The acquisition was disclosed in a filing with the SEC, which can be accessed through the SEC website. Insiders own 5.77% of the company’s stock.
Insperity Company Profile
Insperity, Inc is a leading provider of human resources and business performance solutions designed to help small and midsize businesses operate more efficiently. Headquartered in Kingwood, Texas, the company offers a comprehensive suite of products and services that span workforce management, payroll administration, employee benefits, risk management, and talent development. By leveraging its proprietary technology platform and team of HR experts, Insperity enables clients to focus on core business objectives while outsourcing complex administrative functions.
The company’s flagship offering is its Professional Employer Organization (PEO) service, which allows clients to outsource critical HR tasks such as payroll processing, workers’ compensation administration, and compliance with employment regulations.
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