BNP Paribas Financial Markets Grows Holdings in SAP SE $SAP

Key Points

• BNP Paribas Financial Markets increased its stake in SAP by 243.7% in Q3, acquiring 308,629 shares to own 435,253 shares worth about $116.3 million.
• SAP recently beat estimates with $1.90 EPS (vs. $1.77 est.) and $11.36 billion in revenue (vs. $9.77 billion est.), with revenue up 3.3% year‑over‑year.
• Analysts have a consensus rating of "Moderate Buy" with an average price target of $305.75, while the stock trades near $191 within a 12‑month range of $187.93–$313.28 and a market cap of about $234.9 billion.

BNP Paribas Financial Markets boosted its position in shares of SAP SE (NYSE:SAP - Free Report) by 243.7% during the third quarter, according to the company in its most recent filing with the Securities and Exchange Commission. The firm owned 435,253 shares of the software maker's stock after acquiring an additional 308,629 shares during the period. BNP Paribas Financial Markets' holdings in SAP were worth $116,304,000 at the end of the most recent quarter.

Other large investors have also added to or reduced their stakes in the company. Oppenheimer Asset Management Inc. grew its holdings in SAP by 15.2% during the 3rd quarter. Oppenheimer Asset Management Inc. now owns 53,410 shares of the software maker's stock valued at $14,272,000 after buying an additional 7,066 shares in the last quarter. Seaview Investment Managers LLC lifted its holdings in shares of SAP by 191.4% in the third quarter. Seaview Investment Managers LLC now owns 11,744 shares of the software maker's stock worth $3,138,000 after buying an additional 7,714 shares in the last quarter. Connor Clark & Lunn Investment Management Ltd. boosted its position in shares of SAP by 59.0% during the second quarter. Connor Clark & Lunn Investment Management Ltd. now owns 34,046 shares of the software maker's stock worth $10,353,000 after acquiring an additional 12,637 shares during the last quarter. Cidel Asset Management Inc. grew its stake in SAP by 9.7% during the third quarter. Cidel Asset Management Inc. now owns 139,273 shares of the software maker's stock valued at $37,215,000 after acquiring an additional 12,268 shares in the last quarter. Finally, AMF Tjanstepension AB increased its holdings in SAP by 118.9% in the 3rd quarter. AMF Tjanstepension AB now owns 115,679 shares of the software maker's stock valued at $30,911,000 after acquiring an additional 62,842 shares during the last quarter.

Analysts Set New Price Targets

SAP has been the subject of several research reports. Citizens Jmp downgraded shares of SAP from an "outperform" rating to a "market perform" rating in a report on Friday, January 30th. TD Cowen reaffirmed a "buy" rating on shares of SAP in a report on Friday, January 30th. Barclays set a $283.00 price target on SAP in a research note on Monday, February 2nd. Zacks Research downgraded SAP from a "strong-buy" rating to a "hold" rating in a research note on Thursday, March 5th. Finally, HSBC raised SAP to a "hold" rating in a report on Tuesday, January 20th. Two analysts have rated the stock with a Strong Buy rating, twelve have assigned a Buy rating and six have issued a Hold rating to the stock. According to MarketBeat, SAP presently has a consensus rating of "Moderate Buy" and an average target price of $305.75.

SAP Stock Down 2.4%

Shares of NYSE SAP opened at $191.22 on Thursday. The company has a current ratio of 1.16, a quick ratio of 1.16 and a debt-to-equity ratio of 0.13. SAP SE has a 12-month low of $187.93 and a 12-month high of $313.28. The firm's 50-day moving average price is $215.53 and its 200-day moving average price is $243.08. The stock has a market capitalization of $234.91 billion, a price-to-earnings ratio of 27.12, a P/E/G ratio of 2.18 and a beta of 1.18.

SAP (NYSE:SAP - Get Free Report) last released its quarterly earnings results on Thursday, January 29th. The software maker reported $1.90 EPS for the quarter, topping the consensus estimate of $1.77 by $0.13. SAP had a return on equity of 16.54% and a net margin of 19.92%.The company had revenue of $11.36 billion during the quarter, compared to analyst estimates of $9.77 billion. During the same quarter last year, the business posted $1.40 earnings per share. The firm's revenue was up 3.3% on a year-over-year basis. On average, equities research analysts anticipate that SAP SE will post 6.55 EPS for the current fiscal year.

SAP Company 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.

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