Y Intercept Hong Kong Ltd Acquires New Shares in SAP SE $SAP

Y Intercept Hong Kong Ltd acquired a new position in shares of SAP SE (NYSE:SAP) in the first quarter, according to its most recent 13F filing with the SEC. The institutional investor acquired 122,505 shares of the software maker’s stock, valued at approximately $20,974,000. SAP comprises 0.4% of Y Intercept Hong Kong Ltd’s holdings, making the stock its 19th biggest position.

Other hedge funds also recently added to or reduced their stakes in the company. Dara Capital US Inc. acquired a new position in SAP during the 4th quarter valued at about $3,342,000. CIBC Bancorp USA Inc. acquired a new stake in shares of SAP in the third quarter valued at approximately $32,760,000. Dash Acquisitions Inc. raised its holdings in shares of SAP by 8.7% during the fourth quarter. Dash Acquisitions Inc. now owns 78,880 shares of the software maker’s stock valued at $19,161,000 after buying an additional 6,315 shares during the last quarter. Natixis Advisors LLC raised its holdings in shares of SAP by 2.3% during the third quarter. Natixis Advisors LLC now owns 415,087 shares of the software maker’s stock valued at $110,915,000 after buying an additional 9,195 shares during the last quarter. Finally, BNP Paribas Financial Markets boosted its position in shares of SAP by 243.7% during the third quarter. BNP Paribas Financial Markets now owns 435,253 shares of the software maker’s stock worth $116,304,000 after buying an additional 308,629 shares during the period.

More SAP News

Here are the key news stories impacting SAP this week:

• Positive Sentiment: SAP said it will tighten hiring and travel spending so it can redirect resources toward a larger AI push, which could support longer-term margins and product growth if the investments pay off. SAP Seeks to Rein in Costs to Focus on AI Investments
• Positive Sentiment: Management is framing the AI strategy as a redeployment of workers rather than a major job-cutting program, which may ease investor concerns about execution risk and employee disruption. SAP trying to embrace AI without job cuts; experts divided: report
• Neutral Sentiment: Additional coverage highlighted SAP’s effort to embrace AI without layoffs, but the market impact is likely limited unless the company gives clearer details on efficiency gains or revenue upside. Can You Embrace A.I. Without Layoffs? This Company Says It’s Trying.
• Neutral Sentiment: Recent analyst estimate cuts from Erste Group point to slightly lower earnings expectations, but the revisions were modest and appear secondary to the AI and cost-control narrative today. MarketBeat SAP coverage

Analysts Set New Price Targets

Several research firms recently commented on SAP. BMO Capital Markets lowered their target price on SAP from $210.00 to $200.00 and set an “outperform” rating on the stock in a research report on Friday, April 24th. HSBC upgraded SAP from a “hold” rating to a “buy” rating in a research report on Wednesday, April 22nd. Zacks Research lowered SAP from a “strong-buy” rating to a “hold” rating in a report on Thursday, March 5th. Weiss Ratings upgraded shares of SAP from a “hold (c-)” rating to a “hold (c)” rating in a research note on Tuesday. Finally, Piper Sandler downgraded shares of SAP from an “overweight” rating to a “neutral” rating in a report on Tuesday, April 14th. One investment analyst has rated the stock with a Strong Buy rating, twelve have given a Buy rating and seven have issued a Hold rating to the stock. According to data from MarketBeat.com, SAP has a consensus rating of “Moderate Buy” and an average price target of $283.40.

SAP Price Performance

NYSE SAP opened at $162.54 on Friday. SAP SE has a 12 month low of $148.06 and a 12 month high of $313.28. The firm has a market capitalization of $199.68 billion, a PE ratio of 21.96, a P/E/G ratio of 1.82 and a beta of 1.14. The company’s 50 day simple moving average is $169.69 and its 200 day simple moving average is $193.76. The company has a debt-to-equity ratio of 0.11, a current ratio of 1.07 and a quick ratio of 1.07.

SAP (NYSE:SAP) last released its earnings results on Friday, February 27th. The software maker reported $1.99 earnings per share for the quarter. The firm had revenue of $11.06 billion during the quarter. SAP had a return on equity of 17.31% and a net margin of 20.08%. As a group, equities research analysts forecast that SAP SE will post 8.33 EPS for the current fiscal year.

SAP Increases Dividend

The company also recently disclosed an annual dividend, which was paid on Friday, May 15th. Stockholders of record on Tuesday, May 5th were issued a $2.9291 dividend. This represents a dividend yield of 170.0%. This is a positive change from SAP’s previous annual dividend of $2.54. The ex-dividend date was Tuesday, May 5th. SAP’s payout ratio is currently 28.78%.

SAP Profile

SAP SE is a global enterprise software company headquartered in Walldorf, Germany. Founded in 1972 by five former IBM engineers, the company’s name is an acronym for Systeme, Anwendungen und Produkte in der Datenverarbeitung (Systems, Applications & Products in Data Processing). SAP develops and sells software and services that help organizations manage business processes across finance, human resources, procurement, manufacturing, supply chain and customer relationships.

SAP’s product portfolio spans on?premises and cloud offerings, anchored by its enterprise resource planning (ERP) solutions such as SAP S/4HANA and the SAP HANA in?memory database and platform.