Bahl & Gaynor Inc. Raises Stake in Insperity, Inc. $NSP

Key Points

• Bahl & Gaynor Inc. increased its stake in Insperity, Inc. by 15.1% during the first quarter, holding approximately 0.42% of the company's shares valued at $14.04 million.
• Insperity reported an earnings miss for Q2, with an EPS of $0.26, falling short of analyst expectations of $0.41, despite revenue meeting estimates at $1.66 billion.
• The company plans to pay a quarterly dividend of $0.60 on September 18, translating to an annualized yield of 4.3%, but has a high dividend payout ratio of 226.42%.

Bahl & Gaynor Inc. boosted its position in Insperity, Inc. (NYSE:NSP - Free Report) by 15.1% in the 1st quarter, according to the company in its most recent Form 13F filing with the Securities and Exchange Commission (SEC). The institutional investor owned 157,301 shares of the business services provider's stock after buying an additional 20,611 shares during the quarter. Bahl & Gaynor Inc. owned approximately 0.42% of Insperity worth $14,036,000 as of its most recent filing with the Securities and Exchange Commission (SEC).

Several other hedge funds and other institutional investors have also bought and sold shares of NSP. LPL Financial LLC lifted its position in Insperity by 3.5% in the fourth quarter. LPL Financial LLC now owns 6,227 shares of the business services provider's stock valued at $483,000 after purchasing an additional 208 shares during the last quarter. Dimensional Fund Advisors LP lifted its position in Insperity by 1.1% in the fourth quarter. Dimensional Fund Advisors LP now owns 691,121 shares of the business services provider's stock valued at $53,569,000 after purchasing an additional 7,265 shares during the last quarter. MetLife Investment Management LLC lifted its position in Insperity by 6.4% in the fourth quarter. MetLife Investment Management LLC now owns 40,992 shares of the business services provider's stock valued at $3,177,000 after purchasing an additional 2,463 shares during the last quarter. Tower Research Capital LLC TRC lifted its position in Insperity by 77.8% in the fourth quarter. Tower Research Capital LLC TRC now owns 5,093 shares of the business services provider's stock valued at $395,000 after purchasing an additional 2,228 shares during the last quarter. Finally, Price T Rowe Associates Inc. MD lifted its position in Insperity by 5.1% in the fourth quarter. Price T Rowe Associates Inc. MD now owns 29,095 shares of the business services provider's stock valued at $2,256,000 after purchasing an additional 1,403 shares during the last quarter. Hedge funds and other institutional investors own 93.44% of the company's stock.

Insperity Price Performance

Shares of Insperity stock opened at $55.4930 on Friday. The company has a quick ratio of 1.12, a current ratio of 1.12 and a debt-to-equity ratio of 3.29. The company has a market cap of $2.09 billion, a PE ratio of 52.35 and a beta of 0.47. The business has a 50 day moving average of $57.16 and a 200 day moving average of $70.79. Insperity, Inc. has a 52 week low of $44.14 and a 52 week high of $95.98.

Insperity (NYSE:NSP - Get Free Report) last announced its earnings results on Friday, August 1st. The business services provider reported $0.26 EPS for the quarter, missing analysts' consensus estimates of $0.41 by ($0.15). The business had revenue of $1.66 billion for the quarter, compared to the consensus estimate of $1.66 billion. Insperity had a net margin of 0.60% and a return on equity of 35.32%. Insperity's revenue was up 3.3% compared to the same quarter last year. During the same quarter in the prior year, the company earned $0.86 EPS. Insperity has set its FY 2025 guidance at 1.810-2.51 EPS. Q3 2025 guidance at 0.060-0.49 EPS. As a group, equities research analysts forecast that Insperity, Inc. will post 2.33 earnings per share for the current year.

Insperity Announces Dividend

The company also recently disclosed a quarterly dividend, which will be paid on Thursday, September 18th. Shareholders of record on Thursday, September 4th will be issued a $0.60 dividend. The ex-dividend date is Thursday, September 4th. This represents a $2.40 dividend on an annualized basis and a yield of 4.3%. Insperity's dividend payout ratio is 226.42%.

Wall Street Analyst Weigh In

Several analysts have weighed in on NSP shares. JPMorgan Chase & Co. lowered their price objective on Insperity from $68.00 to $51.00 and set an "underweight" rating for the company in a research report on Monday, August 4th. Roth Capital lowered their price objective on Insperity from $85.00 to $74.00 and set a "buy" rating for the company in a research report on Monday, August 4th. Wall Street Zen downgraded Insperity from a "hold" rating to a "sell" rating in a research report on Saturday, August 9th. Finally, Truist Financial lowered their price objective on Insperity from $70.00 to $50.00 and set a "hold" rating for the company in a research report on Monday, August 4th. One equities research analyst has rated the stock with a Buy rating, two have assigned a Hold rating and one has issued a Sell rating to the stock. According to data from MarketBeat.com, Insperity has a consensus rating of "Hold" and a consensus price target of $58.33.

Insiders Place Their Bets

In other news, Director Eli Jones acquired 2,204 shares of the firm's stock in a transaction on Monday, August 4th. The stock was acquired at an average price of $45.41 per share, for a total transaction of $100,083.64. Following the completion of the acquisition, the director owned 12,847 shares in the company, valued at $583,382.27. This trade represents a 20.71% increase in their ownership of the stock. The transaction was disclosed in a document filed with the Securities & Exchange Commission, which can be accessed through this hyperlink. Also, Director Randall Mehl acquired 2,000 shares of the firm's stock in a transaction on Monday, August 4th. The stock was purchased at an average price of $45.05 per share, with a total value of $90,100.00. Following the acquisition, the director owned 22,707 shares of the company's stock, valued at $1,022,950.35. This represents a 9.66% increase in their position. The disclosure for this purchase can be found here. Insiders have purchased 20,194 shares of company stock valued at $925,981 in the last 90 days. Corporate insiders own 5.29% of the company's stock.

Insperity Profile

Insperity, Inc engages in the provision of human resources (HR) and business solutions to improve business performance for small and medium-sized businesses primarily in the United States. It offers its HR services through its workforce optimization and workforce synchronization solutions that include a range of human resources functions, such as payroll and employment administration, employee benefits, workers' compensation, government compliance, performance management, and training and development services.

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