State Street Corp Grows Stock Holdings in UiPath, Inc. $PATH

Key Points

• State Street increased its UiPath stake by 3.6% in the second quarter, adding 486,007 shares and bringing its holdings to 13.83 million shares worth approximately $150.4 million. Institutional investors collectively own 62.5% of UiPath.
• UiPath reported quarterly revenue of $410.3 million, up 13.3% year over year, while EPS of $0.15 matched estimates. The company also launched Cartographer and expanded its agentic AI and automation capabilities.
• Investor sentiment remains mixed: analysts’ consensus rating is Hold with an average price target of $16.12, while several firms recently lowered targets amid concerns about execution, growth reacceleration and whether AI investments will deliver stronger financial results.

State Street Corp lifted its stake in UiPath, Inc. (NYSE:PATH - Free Report) by 3.6% in the second quarter, according to the company in its most recent disclosure with the Securities and Exchange Commission (SEC). The institutional investor owned 13,832,188 shares of the company's stock after purchasing an additional 486,007 shares during the period. State Street Corp owned 2.65% of UiPath worth $150,356,000 at the end of the most recent quarter.

Other institutional investors have also recently bought and sold shares of the company. Sequoia Financial Advisors LLC raised its position in shares of UiPath by 59.4% during the second quarter. Sequoia Financial Advisors LLC now owns 38,545 shares of the company's stock worth $419,000 after acquiring an additional 14,361 shares during the last quarter. Tidal Investments LLC increased its position in UiPath by 24.4% in the second quarter. Tidal Investments LLC now owns 794,084 shares of the company's stock worth $8,632,000 after purchasing an additional 155,521 shares during the period. Engineers Gate Manager LP lifted its position in UiPath by 33.1% during the 2nd quarter. Engineers Gate Manager LP now owns 586,093 shares of the company's stock valued at $6,371,000 after purchasing an additional 145,749 shares during the period. Integrated Wealth Concepts LLC acquired a new position in UiPath during the 2nd quarter valued at about $115,000. Finally, NewEdge Advisors LLC boosted its stake in shares of UiPath by 19.9% in the 2nd quarter. NewEdge Advisors LLC now owns 15,170 shares of the company's stock valued at $165,000 after purchasing an additional 2,514 shares during the last quarter. Institutional investors own 62.50% of the company's stock.

Key UiPath News

Here are the key news stories impacting UiPath this week:

• Positive Sentiment: UiPath launched UiPath Cartographer, a product designed to map enterprise processes and connect process intelligence with automation and agentic AI. The company also announced expanded platform capabilities and new autonomous-testing features for Test Cloud, potentially broadening its addressable market and supporting longer-term growth. UiPath Launches UiPath Cartographer
• Positive Sentiment: The 2026 GeekWire AI Breakthrough Awards recognized enterprises using agentic AI at production scale, helping UiPath demonstrate customer adoption and practical use cases for its AI offerings. 2026 GeekWire AI Breakthrough Awards
• Neutral Sentiment: Needham reaffirmed a Buy rating with a $22 price target, while TD Cowen maintained Hold with a $16 target. This shows some analysts see substantial upside, but the mixed ratings indicate limited near-term conviction.
• Negative Sentiment: Canaccord Genuity cut its target from $17 to $14 and assigned Hold; BMO reduced its target from $18 to $15 and assigned Market Perform. RBC and UBS also lowered their targets to $15, reinforcing concerns about valuation and execution.
• Negative Sentiment: Analysts characterize UiPath’s shift toward business orchestration and agentic AI as a “show-me story.” Investors are seeking evidence of reaccelerating revenue growth and clearer financial benefits, while the company’s Investor Day did not provide new goals that changed expectations. UiPath transition to business orchestration
• Negative Sentiment: The combination of broad target reductions and a persistent downtrend is outweighing enthusiasm around the product announcements. Until UiPath demonstrates that its AI investments translate into stronger bookings, revenue growth, and profitability, investor confidence is likely to remain pressured.

Wall Street Analyst Weigh In

PATH has been the topic of a number of recent research reports. BMO Capital Markets reduced their price objective on shares of UiPath from $18.00 to $15.00 and set a "market perform" rating on the stock in a research note on Thursday. HC Wainwright restated a "buy" rating on shares of UiPath in a research report on Friday, September 4th. Canaccord Genuity Group dropped their price objective on UiPath from $17.00 to $14.00 and set a "hold" rating for the company in a report on Thursday. UBS Group reissued a "buy" rating on shares of UiPath in a research note on Wednesday. Finally, Bank of America boosted their target price on UiPath from $13.00 to $15.00 and gave the stock an "underperform" rating in a research report on Friday, September 4th. Five research analysts have rated the stock with a Buy rating, fifteen have issued a Hold rating and one has issued a Sell rating to the company's stock. According to data from MarketBeat.com, UiPath has a consensus rating of "Hold" and an average target price of $16.12.

UiPath Stock Down 3.2%

UiPath stock opened at $12.63 on Friday. The company has a 50 day moving average of $14.52 and a 200-day moving average of $12.23. UiPath, Inc. has a twelve month low of $9.20 and a twelve month high of $19.84. The stock has a market capitalization of $6.58 billion, a PE ratio of 18.85, a price-to-earnings-growth ratio of 1.30 and a beta of 1.02.

UiPath (NYSE:PATH - Get Free Report) last released its quarterly earnings results on Thursday, September 3rd. The company reported $0.15 earnings per share (EPS) for the quarter, meeting the consensus estimate of $0.15. UiPath had a return on equity of 9.70% and a net margin of 21.03%.The firm had revenue of $410.26 million for the quarter, compared to the consensus estimate of $397.77 million. During the same quarter last year, the business posted $0.15 EPS. The company's revenue for the quarter was up 13.3% on a year-over-year basis. Equities analysts anticipate that UiPath, Inc. will post 0.49 EPS for the current fiscal year.

Insider Buying and Selling at UiPath

In other news, COO Ashim Gupta sold 117,339 shares of the stock in a transaction dated Friday, September 11th. The shares were sold at an average price of $13.85, for a total transaction of $1,625,145.15. Following the completion of the transaction, the chief operating officer directly owned 2,037,377 shares in the company, valued at $28,217,671.45. This represents a 5.45% decrease in their position. The transaction was disclosed in a filing with the SEC, which is available at the SEC website. Also, insider Raghavendra Malpani sold 40,464 shares of UiPath stock in a transaction dated Thursday, September 17th. The shares were sold at an average price of $14.00, for a total value of $566,496.00. Following the completion of the sale, the insider directly owned 1,582,213 shares in the company, valued at approximately $22,150,982. This represents a 2.49% decrease in their position. The SEC filing for this sale provides additional information. In the last three months, insiders have sold 1,560,150 shares of company stock worth $24,727,357. Insiders own 22.44% of the company's stock.

UiPath Company Profile

UiPath Inc NYSE: PATH develops enterprise automation software designed to help organizations automate repetitive, rules-based and increasingly complex business processes. Its platform combines robotic process automation (RPA), artificial intelligence, workflow orchestration and process intelligence to support automation across areas such as finance, customer service, human resources, information technology and operations.

The UiPath Platform includes tools for discovering and analyzing business processes, building and managing software robots, processing documents, testing applications and coordinating automated workflows.

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