Equitable Trust Co. Buys 40,383 Shares of SAP SE $SAP

Equitable Trust Co. lifted its stake in shares of SAP SE (NYSE:SAP) by 228.6% in the first quarter, according to its most recent Form 13F filing with the Securities and Exchange Commission (SEC). The fund owned 58,052 shares of the software maker’s stock after acquiring an additional 40,383 shares during the quarter. Equitable Trust Co.’s holdings in SAP were worth $9,939,000 as of its most recent filing with the Securities and Exchange Commission (SEC).

A number of other hedge funds and other institutional investors also recently made changes to their positions in SAP. Windacre Partnership LLC boosted its holdings in SAP by 130.9% in the third quarter. Windacre Partnership LLC now owns 2,357,225 shares of the software maker’s stock valued at $629,874,000 after acquiring an additional 1,336,325 shares during the last quarter. Bank of America Corp DE raised its holdings in SAP by 58.1% during the 2nd quarter. Bank of America Corp DE now owns 2,650,418 shares of the software maker’s stock worth $805,992,000 after purchasing an additional 973,779 shares during the last quarter. Sustainable Growth Advisers LP lifted its position in shares of SAP by 1,126.3% in the 3rd quarter. Sustainable Growth Advisers LP now owns 842,416 shares of the software maker’s stock worth $225,102,000 after purchasing an additional 773,720 shares during the period. M&T Bank Corp lifted its position in shares of SAP by 1,582.7% in the 4th quarter. M&T Bank Corp now owns 817,295 shares of the software maker’s stock worth $198,529,000 after purchasing an additional 768,725 shares during the period. Finally, Norges Bank bought a new stake in shares of SAP in the 4th quarter valued at $81,784,000.

SAP Price Performance

Shares of NYSE SAP opened at $158.49 on Friday. SAP SE has a fifty-two week low of $148.06 and a fifty-two week high of $313.28. The stock has a market cap of $194.70 billion, a price-to-earnings ratio of 21.42, a PEG ratio of 1.80 and a beta of 1.14. The company has a debt-to-equity ratio of 0.11, a quick ratio of 1.07 and a current ratio of 1.07. The firm’s 50-day simple moving average is $168.53 and its 200 day simple moving average is $190.82.

SAP (NYSE:SAP) last issued its quarterly earnings data on Friday, February 27th. The software maker reported $1.99 EPS 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, research analysts anticipate that SAP SE will post 8.33 earnings per share for the current fiscal year.

SAP Increases Dividend

The company also recently announced an annual dividend, which was paid on Friday, May 15th. Stockholders of record on Tuesday, May 5th were issued a $2.9291 dividend. This is an increase from SAP’s previous annual dividend of $2.54. This represents a dividend yield of 170.0%. The ex-dividend date was Tuesday, May 5th. SAP’s dividend payout ratio is currently 28.92%.

SAP News Roundup

Here are the key news stories impacting SAP this week:

• Positive Sentiment: SAP reached a deal with EU regulators to make it easier for customers to switch or end legacy support contracts, allowing it to avoid an antitrust fine and remove an overhang for investors. Reuters article: SAP averts EU antitrust fine as regulators accept offer to address competition concerns
• Positive Sentiment: Several reports pointed to SAP’s ongoing transformation into a cloud and AI-focused company, with commentary saying the shift is strengthening the investment case as cloud revenue grows and backlog expands. Seeking Alpha article: SAP’s Transformation Is Game-Changing
• Positive Sentiment: Partner and ecosystem coverage also highlighted SAP-related AI and cloud demand, including TCS expanding its SAP AI push and Nokia using SAP and Microsoft cloud tools, which reinforces adoption trends around SAP’s platform. CRN article: TCS Bets Big On SAP AI Push With Crystallus Expansion
• Neutral Sentiment: SolarWinds announced real-time performance visibility for SAP HANA Cloud, a product integration that may be supportive for the ecosystem but is not likely to materially move SAP shares on its own. Yahoo Finance article: SolarWinds Unlocks Real-Time Performance Visibility for SAP HANA Cloud

Wall Street Analysts Forecast Growth

A number of equities analysts recently weighed in on SAP shares. Santander raised shares of SAP from a “neutral” rating to an “outperform” rating in a research note on Friday, April 24th. Wall Street Zen cut shares of SAP from a “buy” rating to a “hold” rating in a research report on Saturday, May 16th. Weiss Ratings upgraded SAP from a “hold (c-)” rating to a “hold (c)” rating in a report on Tuesday, June 30th. Barclays lifted their price objective on SAP from $256.00 to $257.00 and gave the stock an “overweight” rating in a research report on Monday, April 27th. Finally, HSBC raised SAP from a “hold” rating to a “buy” rating in a research note on Wednesday, April 22nd. One analyst has rated the stock with a Strong Buy rating, twelve have issued a Buy rating and seven have assigned a Hold rating to the stock. According to MarketBeat, the company has a consensus rating of “Moderate Buy” and an average target price of $283.40.

About SAP

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.