Entropy Technologies LP Grows Position in SAP SE $SAP

Key Points

• Entropy Technologies LP increased its stake in SAP by 446% in Q3, adding 18,651 shares to hold 22,833 shares valued at about $6.10 million.
• SAP beat expectations for the most recent quarter with $1.90 EPS versus $1.77 expected and revenue of $11.36 billion (consensus $9.77 billion), with revenue up 3.3% year‑over‑year.
• Analysts are mixed but overall positive — the stock has an average rating of "Moderate Buy" and a consensus target price of $305.75, despite several recent downgrades alongside reiterated buy calls from some firms.

Entropy Technologies LP grew its stake in SAP SE (NYSE:SAP - Free Report) by 446.0% during the 3rd quarter, according to its most recent Form 13F filing with the Securities & Exchange Commission. The institutional investor owned 22,833 shares of the software maker's stock after acquiring an additional 18,651 shares during the quarter. Entropy Technologies LP's holdings in SAP were worth $6,101,000 at the end of the most recent quarter.

A number of other large investors have also made changes to their positions in SAP. CX Institutional lifted its holdings in SAP by 2.0% in the 3rd quarter. CX Institutional now owns 1,961 shares of the software maker's stock valued at $524,000 after purchasing an additional 38 shares in the last quarter. Kathmere Capital Management LLC raised its position in shares of SAP by 1.0% in the third quarter. Kathmere Capital Management LLC now owns 4,019 shares of the software maker's stock valued at $1,074,000 after buying an additional 40 shares during the last quarter. Certuity LLC raised its position in shares of SAP by 2.4% in the second quarter. Certuity LLC now owns 1,866 shares of the software maker's stock valued at $568,000 after buying an additional 43 shares during the last quarter. Thrivent Financial for Lutherans lifted its stake in shares of SAP by 1.0% during the second quarter. Thrivent Financial for Lutherans now owns 4,495 shares of the software maker's stock valued at $1,355,000 after buying an additional 43 shares during the period. Finally, Harbor Investment Advisory LLC boosted its position in SAP by 22.0% during the third quarter. Harbor Investment Advisory LLC now owns 244 shares of the software maker's stock worth $65,000 after acquiring an additional 44 shares during the last quarter.

Wall Street Analyst Weigh In

Several research analysts have weighed in on the company. TD Cowen reiterated a "buy" rating on shares of SAP in a report on Friday, January 30th. Deutsche Bank Aktiengesellschaft restated a "buy" rating on shares of SAP in a report on Friday, January 30th. Citizens Jmp downgraded SAP from an "outperform" rating to a "market perform" rating in a research report on Friday, January 30th. Citigroup lowered SAP from a "buy" rating to a "hold" rating in a research note on Friday, January 30th. Finally, Wall Street Zen downgraded shares of SAP from a "buy" rating to a "hold" rating in a research note on Tuesday, February 24th. Two equities research analysts have rated the stock with a Strong Buy rating, twelve have assigned a Buy rating and six have given a Hold rating to the stock. According to MarketBeat.com, the company has an average rating of "Moderate Buy" and a consensus target price of $305.75.

SAP Price Performance

SAP opened at $190.46 on Friday. The company has a quick ratio of 1.16, a current ratio of 1.16 and a debt-to-equity ratio of 0.13. SAP SE has a 52-week low of $187.93 and a 52-week high of $313.28. The company has a 50 day moving average of $214.49 and a two-hundred day moving average of $242.72. The company has a market cap of $233.98 billion, a P/E ratio of 27.02, a P/E/G ratio of 2.12 and a beta of 1.18.

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

About SAP

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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