Mitsubishi UFJ Trust & Banking Corp Purchases 27,520 Shares of TriNet Group, Inc. $TNET

Key Points

• Mitsubishi UFJ Trust & Banking Corp increased its stake in TriNet by 640.3%, buying 27,520 shares in the fourth quarter to hold 31,818 shares worth about $1.88 million.
• TriNet beat quarterly expectations with $2.48 EPS (vs. $1.84 est.) and $1.23B revenue (vs. $1.08B), set FY2026 guidance of 3.700–4.700 EPS, and authorized a $400 million share buyback (up to ~18.4% of shares).
• The company raised its quarterly dividend to $0.29 (annualized $1.16, yield ~2.7%), while sell-side analysts hold a consensus rating of "Reduce" with a $58.20 target price.

Mitsubishi UFJ Trust & Banking Corp boosted its position in shares of TriNet Group, Inc. (NYSE:TNET - Free Report) by 640.3% in the fourth quarter, according to the company in its most recent 13F filing with the Securities and Exchange Commission. The institutional investor owned 31,818 shares of the business services provider's stock after purchasing an additional 27,520 shares during the period. Mitsubishi UFJ Trust & Banking Corp owned about 0.07% of TriNet Group worth $1,881,000 at the end of the most recent reporting period.

A number of other large investors have also recently added to or reduced their stakes in TNET. Mirae Asset Global Investments Co. Ltd. increased its holdings in TriNet Group by 106.0% during the 3rd quarter. Mirae Asset Global Investments Co. Ltd. now owns 445 shares of the business services provider's stock worth $30,000 after purchasing an additional 229 shares in the last quarter. Quarry LP increased its holdings in TriNet Group by 524.7% during the 3rd quarter. Quarry LP now owns 456 shares of the business services provider's stock worth $31,000 after purchasing an additional 383 shares in the last quarter. Steigerwald Gordon & Koch Inc. bought a new position in TriNet Group during the 3rd quarter worth about $46,000. Covestor Ltd increased its holdings in TriNet Group by 402.7% during the 3rd quarter. Covestor Ltd now owns 1,282 shares of the business services provider's stock worth $86,000 after purchasing an additional 1,027 shares in the last quarter. Finally, Hikari Tsushin Inc. bought a new position in TriNet Group during the 3rd quarter worth about $127,000. Institutional investors own 96.81% of the company's stock.

Insider Transactions at TriNet Group

In related news, SVP Sidney A. Majalya sold 775 shares of the firm's stock in a transaction dated Wednesday, April 1st. The shares were sold at an average price of $37.02, for a total value of $28,690.50. Following the completion of the sale, the senior vice president directly owned 55,750 shares in the company, valued at approximately $2,063,865. This trade represents a 1.37% decrease in their position. The sale was disclosed in a document filed with the SEC, which is accessible through the SEC website. The transaction was executed under a pre-arranged Rule 10b5-1 trading plan. Company insiders own 40.00% of the company's stock.

Wall Street Analysts Forecast Growth

TNET has been the subject of a number of research reports. JPMorgan Chase & Co. increased their target price on TriNet Group from $43.00 to $45.00 and gave the stock an "underweight" rating in a report on Friday. TD Cowen increased their target price on TriNet Group from $40.00 to $46.00 and gave the stock a "hold" rating in a report on Friday. Stifel Nicolaus decreased their price objective on TriNet Group from $97.00 to $75.00 and set a "buy" rating for the company in a report on Friday, February 13th. Zacks Research upgraded TriNet Group from a "strong sell" rating to a "hold" rating in a report on Monday, April 13th. Finally, Weiss Ratings restated a "sell (d+)" rating on shares of TriNet Group in a report on Wednesday, January 21st. One analyst has rated the stock with a Buy rating, four have given a Hold rating and two have assigned a Sell rating to the company's stock. Based on data from MarketBeat.com, the stock currently has a consensus rating of "Reduce" and a consensus target price of $58.20.

TriNet Group Price Performance

Shares of NYSE TNET opened at $42.88 on Tuesday. The stock has a market capitalization of $1.98 billion, a price-to-earnings ratio of 12.80 and a beta of 1.02. The business has a 50-day moving average of $37.92 and a 200-day moving average of $50.74. The company has a debt-to-equity ratio of 10.80, a current ratio of 1.12 and a quick ratio of 1.12. TriNet Group, Inc. has a fifty-two week low of $33.60 and a fifty-two week high of $86.78.

TriNet Group (NYSE:TNET - Get Free Report) last announced its quarterly earnings data on Thursday, April 30th. The business services provider reported $2.48 earnings per share for the quarter, beating the consensus estimate of $1.84 by $0.64. The company had revenue of $1.23 billion during the quarter, compared to analysts' expectations of $1.08 billion. TriNet Group had a return on equity of 219.54% and a net margin of 3.22%.TriNet Group's revenue for the quarter was down 5.1% compared to the same quarter last year. During the same quarter last year, the company earned $1.99 EPS. TriNet Group has set its FY 2026 guidance at 3.700-4.700 EPS. As a group, sell-side analysts predict that TriNet Group, Inc. will post 3.17 earnings per share for the current fiscal year.

TriNet Group announced that its Board of Directors has initiated a stock buyback plan on Thursday, February 12th that permits the company to repurchase $400.00 million in shares. This repurchase authorization permits the business services provider to purchase up to 18.4% of its stock through open market purchases. Stock repurchase plans are often a sign that the company's board believes its stock is undervalued.

TriNet Group Increases Dividend

The business also recently disclosed a quarterly dividend, which was paid on Monday, April 27th. Stockholders of record on Wednesday, April 1st were issued a $0.29 dividend. This represents a $1.16 annualized dividend and a dividend yield of 2.7%. The ex-dividend date was Wednesday, April 1st. This is a positive change from TriNet Group's previous quarterly dividend of $0.28. TriNet Group's dividend payout ratio is 34.63%.

About TriNet Group

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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