Hsbc Holdings PLC grew its position in UiPath, Inc. (NYSE:PATH – Free Report) by 269.1% in the second quarter, according to its most recent 13F filing with the Securities and Exchange Commission. The firm owned 739,993 shares of the company’s stock after acquiring an additional 539,528 shares during the quarter. Hsbc Holdings PLC owned 0.14% of UiPath worth $7,967,000 as of its most recent SEC filing.
Several other institutional investors also recently modified their holdings of the company. BlackRock Inc. increased its position in shares of UiPath by 7.2% during the second quarter. BlackRock Inc. now owns 46,153,124 shares of the company’s stock valued at $501,684,000 after purchasing an additional 3,097,822 shares during the period. State Street Corp boosted its stake in UiPath by 66.4% during the fourth quarter. State Street Corp now owns 13,004,786 shares of the company’s stock worth $213,148,000 after buying an additional 5,189,438 shares in the last quarter. AQR Capital Management LLC boosted its stake in UiPath by 76.0% during the second quarter. AQR Capital Management LLC now owns 11,407,569 shares of the company’s stock worth $145,732,000 after buying an additional 4,926,341 shares in the last quarter. Bank of America Corp DE increased its holdings in UiPath by 13.2% in the 1st quarter. Bank of America Corp DE now owns 10,046,699 shares of the company’s stock valued at $111,518,000 after buying an additional 1,170,285 shares during the period. Finally, Morgan Stanley increased its holdings in UiPath by 54.0% in the 4th quarter. Morgan Stanley now owns 9,310,304 shares of the company’s stock valued at $152,596,000 after buying an additional 3,262,930 shares during the period. Institutional investors and hedge funds own 62.50% of the company’s stock.
Analyst Upgrades and Downgrades
PATH has been the subject of a number of recent research reports. New Street Research set a $13.00 price objective on shares of UiPath in a research note on Monday, June 1st. Royal Bank Of Canada upped their target price on shares of UiPath from $15.00 to $17.00 and gave the company a “sector perform” rating in a research note on Friday, September 4th. Bank of America increased their price target on shares of UiPath from $13.00 to $15.00 and gave the stock an “underperform” rating in a research report on Friday, September 4th. UBS Group set a $16.00 price target on shares of UiPath in a research note on Friday, September 4th. Finally, Truist Financial lifted their price objective on UiPath from $12.00 to $17.00 and gave the company a “hold” rating in a report on Friday, September 4th. Three investment analysts have rated the stock with a Buy rating, sixteen have given a Hold rating and one has given a Sell rating to the company’s stock. According to MarketBeat, the company has an average rating of “Hold” and an average target price of $16.75.
UiPath Stock Performance
Shares of NYSE:PATH opened at $13.61 on Thursday. UiPath, Inc. has a 52 week low of $9.20 and a 52 week high of $19.84. The company’s fifty day moving average is $14.11 and its 200-day moving average is $12.01. The company has a market capitalization of $7.05 billion, a PE ratio of 20.31, a P/E/G ratio of 1.55 and a beta of 1.02.
UiPath (NYSE:PATH – Get Free Report) last posted its earnings results on Thursday, September 3rd. The company reported $0.15 earnings per share for the quarter, hitting the consensus estimate of $0.15. UiPath had a net margin of 21.03% and a return on equity of 9.70%. The business had revenue of $410.26 million for the quarter, compared to analyst estimates of $397.77 million. During the same quarter in the prior year, the firm earned $0.15 EPS. The firm’s quarterly revenue was up 13.3% compared to the same quarter last year. On average, analysts forecast that UiPath, Inc. will post 0.42 EPS for the current year.
Insiders Place Their Bets
In other UiPath news, CEO Daniel Dines sold 1,402,347 shares of the company’s stock in a transaction dated Wednesday, August 19th. The shares were sold at an average price of $16.07, for a total transaction of $22,535,716.29. Following the sale, the chief executive officer directly owned 26,491,238 shares of the company’s stock, valued at approximately $425,714,194.66. This represents a 5.03% decrease in their ownership of the stock. The sale was disclosed in a filing with the Securities & Exchange Commission, which can be accessed through this link. Corporate insiders own 22.44% of the company’s stock.
UiPath News Summary
Here are the key news stories impacting UiPath this week:
- Positive Sentiment: Citi initiated coverage of UiPath with a Buy rating and a $23 price target, implying substantial upside from recent trading levels. Analyst support may help establish a valuation floor following the post-earnings selloff. UiPath Slips 3% Despite Citi Buy Initiation and $23 Target
- Positive Sentiment: UiPath released a global survey highlighting enterprise demand for orchestration to move agentic-AI projects beyond pilot programs. The report supports the company’s positioning in workflow automation and AI deployment, although it does not provide a direct financial forecast. UiPath Survey Points to Orchestration as Key to Scaling Enterprise Deployments
- Positive Sentiment: UiPath also gained a new integration from Synthesized for automated test-data provisioning, potentially expanding the practical use of its platform in continuous software testing. Synthesized Launches UiPath Integration
- Negative Sentiment: The main catalyst for selling has been UiPath’s fiscal third-quarter revenue guidance: the midpoint reportedly fell short of Wall Street expectations. That outlook overshadowed a second-quarter revenue beat, stronger profitability, and raised full-year guidance. Why UiPath Stock Is Trading Lower
- Negative Sentiment: Analysts have raised price targets but remain cautious or hold-rated, signaling that investors want clearer evidence that AI features can accelerate revenue growth. This cautious response has extended the post-earnings selloff despite the company’s operational improvements. PATH Stock Wrapped Its Worst Week in Four Months
UiPath Profile
UiPath Inc provides an end-to-end automation platform that offers a range of robotic process automation (RPA) solutions primarily in the United States, Romania, the United Kingdom, the Netherlands, and internationally. The company offers a suite of interrelated software to build, manage, run, engage, measure, and govern automation within the organization. Its platform's embedded AI, ML, and NLP capabilities improve decisioning and information processing; emulate human behavior allows organizations to address a myriad of use cases; emulate human behavior allows organizations to address a myriad of use cases; multi-tenant platform enterprise deployment with security and governance and Automation Cloud, which enables customers to begin automating without the need to provision infrastructure, install applications, or perform additional configurations; intuitive interface and low-code, drag-and-drop functionality; signed to enable people and automations to work together; and tracks, measures, and forecasts the performance of automations, enables customers to gain powerful insights and generate key performance indicators with actionable metric.
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