Crossmark Global Holdings Inc. cut its holdings in SAP SE (NYSE:SAP – Free Report) by 9.9% in the fourth quarter, according to its most recent Form 13F filing with the Securities and Exchange Commission. The institutional investor owned 84,769 shares of the software maker’s stock after selling 9,352 shares during the period. Crossmark Global Holdings Inc.’s holdings in SAP were worth $20,591,000 at the end of the most recent reporting period.
Other hedge funds have also recently bought and sold shares of the company. Abich Financial Wealth Management LLC acquired a new stake in shares of SAP in the third quarter worth about $27,000. Copia Wealth Management acquired a new position in shares of SAP during the 3rd quarter valued at about $28,000. Sound Income Strategies LLC increased its holdings in shares of SAP by 109.4% during the 4th quarter. Sound Income Strategies LLC now owns 111 shares of the software maker’s stock valued at $26,000 after acquiring an additional 58 shares during the last quarter. Guerra Advisors Inc bought a new position in shares of SAP in the 3rd quarter valued at approximately $31,000. Finally, Community Bank N.A. bought a new position in shares of SAP in the 3rd quarter valued at approximately $32,000.
SAP Stock Performance
SAP opened at $173.63 on Friday. The firm has a market capitalization of $213.31 billion, a P/E ratio of 23.46, a price-to-earnings-growth ratio of 1.96 and a beta of 1.11. The stock’s 50 day moving average price is $179.49 and its two-hundred day moving average price is $217.10. The company has a quick ratio of 1.07, a current ratio of 1.07 and a debt-to-equity ratio of 0.11. SAP SE has a 12-month low of $160.66 and a 12-month high of $313.28.
SAP Increases Dividend
The business also recently announced an annual dividend, which will be paid on Friday, May 15th. Investors of record on Tuesday, May 5th will be paid a dividend of $2.9291 per share. This represents a yield of 170.0%. The ex-dividend date is Tuesday, May 5th. This is an increase from SAP’s previous annual dividend of $2.54. SAP’s dividend payout ratio is currently 28.78%.
Analysts Set New Price Targets
A number of brokerages have issued reports on SAP. Weiss Ratings cut SAP from a “buy (b-)” rating to a “hold (c+)” rating in a research report on Monday, March 16th. Santander raised shares of SAP from a “neutral” rating to an “outperform” rating in a research report on Friday, April 24th. Citigroup downgraded shares of SAP from a “buy” rating to a “hold” rating in a report on Friday, January 30th. Zacks Research lowered shares of SAP from a “strong-buy” rating to a “hold” rating in a research note on Thursday, March 5th. Finally, Piper Sandler downgraded shares of SAP from an “overweight” rating to a “neutral” rating in a report on Tuesday, April 14th. Two research analysts have rated the stock with a Strong Buy rating, twelve have issued a Buy rating and seven have issued a Hold rating to the company. According to MarketBeat, the stock currently has an average rating of “Moderate Buy” and an average target price of $288.00.
Read Our Latest Research Report on SAP
SAP News Summary
Here are the key news stories impacting SAP this week:
- Positive Sentiment: SAP is moving deeper into enterprise AI and data infrastructure through acquisitions of Dremio and Prior Labs, which could strengthen its Business Data Cloud and make SAP’s platform more central to customer AI workflows. SAP AI Push Weighs On Valuation As Dremio And Prior Labs Deals Land
- Positive Sentiment: Third-party product launches and certifications, including SAP-certified AI integration tools and AIOps solutions, reinforce that SAP’s ecosystem is expanding around AI-powered operations and connectivity. Governance, not gatekeeping: How SAP brings enterprise-grade safety to AI connectivity
- Positive Sentiment: Management announced upcoming investor events and a financial analyst conference at Sapphire, which could give SAP a venue to explain its AI strategy and reassure investors about execution. SAP Executives to Participate in Upcoming Investor Events
- Neutral Sentiment: Media coverage highlighted SAP’s broader push to build a single, open enterprise data platform, but this is mostly a strategic narrative unless it leads to measurable customer wins or financial guidance.
- Neutral Sentiment: Analyst commentary suggested SAP may be trading at a discount as its cloud transition progresses, which supports the investment case but does not by itself change near-term fundamentals. A Look At SAP (XTRA:SAP) Valuation As Cloud Transition Creates A Potential Discount
- Negative Sentiment: Some investors are focusing on the fact that SAP’s AI spending and acquisitions could weigh on valuation in the near term, especially if the new assets take time to contribute meaningfully to growth and margins. SAP AI Push Weighs On Valuation As Dremio And Prior Labs Deals Land
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.
Further Reading
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