Hsbc Holdings PLC Sells 10,657 Shares of TriNet Group, Inc. $TNET

Hsbc Holdings PLC lessened its holdings in shares of TriNet Group, Inc. (NYSE:TNET) by 46.1% during the 1st quarter, HoldingsChannel.com reports. The institutional investor owned 12,473 shares of the business services provider’s stock after selling 10,657 shares during the quarter. Hsbc Holdings PLC’s holdings in TriNet Group were worth $457,000 at the end of the most recent quarter.

Other hedge funds and other institutional investors have also recently added to or reduced their stakes in the company. Boston Partners acquired a new position in TriNet Group in the third quarter valued at about $97,712,000. Earnest Partners LLC raised its position in shares of TriNet Group by 3.4% during the fourth quarter. Earnest Partners LLC now owns 898,319 shares of the business services provider’s stock worth $53,118,000 after purchasing an additional 29,613 shares during the period. Dimensional Fund Advisors LP raised its position in shares of TriNet Group by 0.6% during the fourth quarter. Dimensional Fund Advisors LP now owns 893,701 shares of the business services provider’s stock worth $52,845,000 after purchasing an additional 5,036 shares during the period. Northwestern Mutual Wealth Management Co. lifted its holdings in shares of TriNet Group by 5,911,158.3% during the 4th quarter. Northwestern Mutual Wealth Management Co. now owns 709,351 shares of the business services provider’s stock valued at $41,944,000 after purchasing an additional 709,339 shares in the last quarter. Finally, State Street Corp lifted its holdings in shares of TriNet Group by 0.8% during the 4th quarter. State Street Corp now owns 702,089 shares of the business services provider’s stock valued at $41,515,000 after purchasing an additional 5,832 shares in the last quarter. 96.81% of the stock is currently owned by institutional investors.

Insider Buying and Selling at TriNet Group

In other news, SVP Anthony Shea Treadway sold 933 shares of the firm’s stock in a transaction that occurred on Tuesday, May 19th. The shares were sold at an average price of $43.46, for a total transaction of $40,548.18. Following the completion of the transaction, the senior vice president directly owned 67,678 shares of the company’s stock, valued at $2,941,285.88. This trade represents a 1.36% decrease in their position. The sale was disclosed in a legal filing with the Securities & Exchange Commission, which is available through the SEC website. The transaction was executed under a pre-arranged Rule 10b5-1 trading plan. 40.00% of the stock is owned by corporate insiders.

TriNet Group News Roundup

Here are the key news stories impacting TriNet Group this week:

• Positive Sentiment: Quarterly earnings beat expectations. TriNet reported adjusted EPS of $1.55, up from $1.15 a year earlier and above the $0.93–$1.01 analyst estimates. Revenue was $1.18 billion, essentially in line with expectations. TriNet Group Beats Q2 Earnings and Revenue Estimates
• Positive Sentiment: Management raised fiscal 2026 guidance. TriNet now expects adjusted EPS of $4.50 to $5.10, above the $4.34 consensus estimate, and revenue of approximately $4.8 billion to $4.9 billion. The company also reported 50% growth in GAAP earnings per diluted share and 35% growth in adjusted net income per share for the quarter. TriNet Announces Second Quarter 2026 Results and Raises FY26 Earnings Guidance
• Neutral Sentiment: Truist maintained its Hold rating. The unchanged stance indicates that the strong results and improved outlook may already be reflected in TriNet’s share price. Truist Maintains Hold Rating
• Negative Sentiment: JPMorgan retained an Underweight rating while raising its price target from $45 to $50. The new target remains substantially below the current trading level, signaling concern that valuation and upside potential are unfavorable despite the earnings momentum. Benzinga Analyst Update

Analyst Ratings Changes

Several equities analysts recently issued reports on TNET shares. JPMorgan Chase & Co. boosted their price objective on TriNet Group from $45.00 to $50.00 and gave the company an “underweight” rating in a research report on Friday. Truist Financial raised their target price on shares of TriNet Group from $50.00 to $62.00 and gave the stock a “hold” rating in a report on Wednesday, July 22nd. Weiss Ratings raised shares of TriNet Group from a “sell (d+)” rating to a “hold (c-)” rating in a research note on Tuesday. Zacks Research cut shares of TriNet Group from a “strong-buy” rating to a “hold” rating in a report on Friday, July 3rd. Finally, TD Cowen increased their price objective on shares of TriNet Group from $46.00 to $49.00 and gave the stock a “hold” rating in a research report on Friday, June 26th. One analyst has rated the stock with a Buy rating, five have given a Hold rating and one has given a Sell rating to the company. According to data from MarketBeat.com, the company currently has an average rating of “Hold” and an average price target of $56.80.

TriNet Group Stock Performance

TNET opened at $65.65 on Friday. The company has a market capitalization of $3.02 billion, a price-to-earnings ratio of 17.55 and a beta of 0.99. The business’s 50-day moving average price is $52.60 and its two-hundred day moving average price is $47.01. TriNet Group, Inc. has a 1 year low of $33.60 and a 1 year high of $73.07. The company has a debt-to-equity ratio of 10.80, a current ratio of 1.12 and a quick ratio of 1.12.

TriNet Group (NYSE:TNET) last posted its quarterly earnings data on Thursday, July 30th. The business services provider reported $1.55 earnings per share for the quarter, topping the consensus estimate of $0.93 by $0.62. The company had revenue of $1.18 billion during the quarter, compared to analysts’ expectations of $1.18 billion. TriNet Group had a return on equity of 256.72% and a net margin of 3.58%.During the same period in the prior year, the firm earned $1.15 earnings per share. TriNet Group has set its FY 2026 guidance at 4.500-5.100 EPS. Equities analysts expect that TriNet Group, Inc. will post 3.55 EPS for the current fiscal year.

TriNet Group Dividend Announcement

The company also recently declared a quarterly dividend, which was paid on Monday, July 27th. Shareholders of record on Wednesday, July 1st were given a dividend of $0.29 per share. The ex-dividend date of this dividend was Wednesday, July 1st. This represents a $1.16 dividend on an annualized basis and a yield of 1.8%. TriNet Group’s dividend payout ratio is 31.02%.

TriNet Group Profile

TriNet Group, Inc is a leading professional employer organization (PEO) that offers integrated human capital management solutions to small and medium-size businesses. Through a bundled suite of services, TriNet manages payroll administration, employee benefits, workers’ compensation, risk mitigation and federal and state compliance. Its cloud-based platform provides clients with centralized access to HR tools, analytics and streamlined workforce management capabilities.

Founded in 1988 and headquartered in Dublin, California, TriNet has grown to support thousands of organizations across the United States.