CIBC Private Wealth Group LLC Increases Holdings in SAP SE $SAP

Key Points

• CIBC Private Wealth Group LLC increased its stake in SAP by 16.2% in Q3, adding 17,153 shares to hold 122,977 shares valued at about $32.86 million per its latest 13F filing.
• SAP beat expectations for the quarter, reporting $1.90 EPS vs. $1.77 expected and revenue of $11.36 billion (vs. $9.77B expected), with revenue up 3.3% year‑over‑year.
• Analysts hold a Moderate Buy consensus with a $305.75 price target, while the stock trades around $184.96 and has a one‑year range of $183.19–$313.28.

CIBC Private Wealth Group LLC lifted its stake in shares of SAP SE (NYSE:SAP - Free Report) by 16.2% during the third quarter, according to the company in its most recent 13F filing with the SEC. The firm owned 122,977 shares of the software maker's stock after purchasing an additional 17,153 shares during the quarter. CIBC Private Wealth Group LLC's holdings in SAP were worth $32,861,000 as of its most recent SEC filing.

A number of other institutional investors have also added to or reduced their stakes in the stock. First PREMIER Bank bought a new stake in shares of SAP during the third quarter valued at about $25,000. Retirement Wealth Solutions LLC boosted its position in shares of SAP by 246.4% in the third quarter. Retirement Wealth Solutions LLC now owns 97 shares of the software maker's stock valued at $26,000 after acquiring an additional 69 shares during the period. Abich Financial Wealth Management LLC purchased a new position in SAP during the third quarter valued at approximately $27,000. Copia Wealth Management purchased a new position in SAP during the third quarter valued at approximately $28,000. Finally, Guerra Advisors Inc bought a new stake in SAP during the 3rd quarter worth approximately $31,000.

SAP Price Performance

SAP stock opened at $184.96 on Friday. The firm has a 50 day simple moving average of $209.30 and a two-hundred day simple moving average of $239.78. The stock has a market cap of $227.22 billion, a PE ratio of 26.24, a P/E/G ratio of 2.02 and a beta of 1.18. SAP SE has a one year low of $183.19 and a one year high of $313.28. The company has a debt-to-equity ratio of 0.13, a current ratio of 1.16 and a quick ratio of 1.16.

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

Wall Street Analyst Weigh In

SAP has been the topic of several recent analyst reports. Barclays set a $283.00 target price on shares of SAP in a research note on Monday, February 2nd. HSBC raised shares of SAP to a "hold" rating in a report on Tuesday, January 20th. Santander raised SAP to a "neutral" rating in a research note on Tuesday, February 3rd. Weiss Ratings cut SAP from a "buy (b-)" rating to a "hold (c+)" rating in a research report on Monday. Finally, BMO Capital Markets restated an "outperform" rating on shares of SAP in a research note on Friday, January 30th. Two analysts have rated the stock with a Strong Buy rating, eleven have given a Buy rating and seven have given a Hold rating to the stock. According to data from MarketBeat.com, the company currently has an average rating of "Moderate Buy" and a consensus price target of $305.75.

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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