Arrowstreet Capital Limited Partnership Makes New $1.27 Million Investment in TriNet Group, Inc. $TNET

Key Points

• Arrowstreet Capital initiated a $1.27 million stake in TriNet Group during the first quarter, acquiring 34,774 shares. Institutional investors collectively own 96.81% of the company.
• TriNet reported quarterly EPS of $1.55, beating the $0.93 consensus estimate, while revenue matched expectations at $1.18 billion. The company provided fiscal 2026 EPS guidance of $4.50–$5.10.
• Analyst sentiment remains cautious, with a consensus “Hold” rating and an average price target of $56.80; TriNet’s shares recently opened at $67.03, near their 12-month high of $73.07.

Arrowstreet Capital Limited Partnership acquired a new stake in TriNet Group, Inc. (NYSE:TNET - Free Report) during the 1st quarter, according to its most recent disclosure with the Securities and Exchange Commission. The institutional investor acquired 34,774 shares of the business services provider's stock, valued at approximately $1,267,000. Arrowstreet Capital Limited Partnership owned about 0.08% of TriNet Group at the end of the most recent reporting period.

A number of other hedge funds and other institutional investors have also recently made changes to their positions in TNET. Boston Partners acquired a new stake in TriNet Group during the 3rd quarter worth about $97,712,000. Earnest Partners LLC lifted its holdings in TriNet Group by 3.4% in the fourth quarter. Earnest Partners LLC now owns 898,319 shares of the business services provider's stock valued at $53,118,000 after acquiring an additional 29,613 shares during the period. Dimensional Fund Advisors LP lifted its holdings in TriNet Group by 0.6% in the fourth quarter. Dimensional Fund Advisors LP now owns 893,701 shares of the business services provider's stock valued at $52,845,000 after acquiring an additional 5,036 shares during the period. Northwestern Mutual Wealth Management Co. boosted its position in TriNet Group by 5,911,158.3% in the 4th quarter. Northwestern Mutual Wealth Management Co. now owns 709,351 shares of the business services provider's stock worth $41,944,000 after purchasing an additional 709,339 shares in the last quarter. Finally, State Street Corp grew its stake 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 worth $41,515,000 after purchasing an additional 5,832 shares during the period. Institutional investors and hedge funds own 96.81% of the company's stock.

Insider Buying and Selling at TriNet Group

In other news, SVP Anthony Shea Treadway sold 933 shares of the company's stock in a transaction 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 sale, the senior vice president owned 67,678 shares of the company's stock, valued at $2,941,285.88. This represents a 1.36% decrease in their ownership of the stock. The transaction was disclosed in a filing with the Securities & Exchange Commission, which is available through this hyperlink. The transaction was executed under a pre-arranged Rule 10b5-1 trading plan. Also, Director Wayne B. Lowell sold 5,773 shares of the stock in a transaction dated Tuesday, August 4th. The shares were sold at an average price of $68.71, for a total transaction of $396,662.83. Following the completion of the sale, the director owned 86,449 shares of the company's stock, valued at $5,939,910.79. This trade represents a 6.26% decrease in their ownership of the stock. The disclosure for this sale is available in the SEC filing. 40.00% of the stock is currently owned by corporate insiders.

Analyst Ratings Changes

Several analysts recently commented on the stock. JPMorgan Chase & Co. raised their price target on shares of TriNet Group from $45.00 to $50.00 and gave the company an "underweight" rating in a research report on Friday, July 31st. Weiss Ratings upgraded TriNet Group from a "sell (d+)" rating to a "hold (c-)" rating in a research note on Tuesday, July 28th. TD Cowen upped their price target on TriNet Group from $46.00 to $49.00 and gave the stock a "hold" rating in a report on Friday, June 26th. UBS Group lowered their price target on TriNet Group from $62.00 to $48.00 and set a "neutral" rating on the stock in a research report on Tuesday, May 5th. Finally, Zacks Research lowered TriNet Group from a "strong-buy" rating to a "hold" rating in a report on Friday, July 3rd. One research analyst has rated the stock with a Buy rating, five have given a Hold rating and one has issued a Sell rating to the company. Based on data from MarketBeat.com, the company has a consensus rating of "Hold" and an average target price of $56.80.

TriNet Group Stock Down 2.0%

TNET opened at $67.03 on Friday. TriNet Group, Inc. has a twelve month low of $33.60 and a twelve month high of $73.07. The company has a quick ratio of 1.13, a current ratio of 1.13 and a debt-to-equity ratio of 7.17. The company has a 50-day moving average price of $54.63 and a 200 day moving average price of $47.08. The company has a market cap of $3.08 billion, a PE ratio of 17.92 and a beta of 0.95.

TriNet Group (NYSE:TNET - Get Free Report) last posted its quarterly earnings data on Thursday, July 30th. The business services provider reported $1.55 earnings per share (EPS) for the quarter, topping the consensus estimate of $0.93 by $0.62. TriNet Group had a return on equity of 227.28% and a net margin of 3.58%.The company had revenue of $1.18 billion for the quarter, compared to analysts' expectations of $1.18 billion. During the same period in the previous year, the firm posted $1.15 EPS. TriNet Group has set its FY 2026 guidance at 4.500-5.100 EPS. Sell-side analysts expect that TriNet Group, Inc. will post 3.55 earnings per share for the current fiscal year.

TriNet Group Dividend Announcement

The company also recently declared a quarterly dividend, which was paid on Monday, July 27th. Investors of record on Wednesday, July 1st were given a dividend of $0.29 per share. This represents a $1.16 annualized dividend and a dividend yield of 1.7%. The ex-dividend date was Wednesday, July 1st. TriNet Group's payout ratio is presently 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.

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