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TriNet Group, Inc. (NYSE:TNET) Receives Consensus Recommendation of "Hold" from Brokerages

TriNet Group logo with Business Services background
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Key Points

  • Analysts give TriNet a consensus "Hold" rating (2 sell, 4 hold, 1 strong buy) with an average 1‑year price target of $66, and several brokers (UBS, JPMorgan) recently cut targets while Zacks upgraded to a strong‑buy.
  • Company insiders have been selling recently — including the SVP and CTO — totaling 3,398 shares worth about $200,433 over the last 90 days, representing a modest reduction in insider positions.
  • TriNet beat quarterly EPS estimates ($1.11 vs. $0.72) and reported $1.23B in revenue, provided FY2025 EPS guidance of 3.25–4.75, and declared a quarterly dividend of $0.275 (annual $1.10, ~1.9% yield).
  • MarketBeat previews top five stocks to own in May.

TriNet Group, Inc. (NYSE:TNET - Get Free Report) has been given a consensus rating of "Hold" by the seven research firms that are currently covering the company, MarketBeat Ratings reports. Two investment analysts have rated the stock with a sell rating, four have issued a hold rating and one has assigned a strong buy rating to the company. The average 1 year target price among brokers that have updated their coverage on the stock in the last year is $66.00.

A number of brokerages have recently issued reports on TNET. UBS Group cut their price target on shares of TriNet Group from $69.00 to $63.00 and set a "neutral" rating for the company in a report on Thursday, October 30th. JPMorgan Chase & Co. dropped their target price on shares of TriNet Group from $75.00 to $65.00 and set an "underweight" rating for the company in a report on Thursday, October 30th. Weiss Ratings reissued a "sell (d+)" rating on shares of TriNet Group in a research note on Wednesday, October 8th. Zacks Research upgraded TriNet Group from a "hold" rating to a "strong-buy" rating in a report on Monday, November 3rd. Finally, Truist Financial started coverage on TriNet Group in a research note on Friday, December 5th. They issued a "hold" rating and a $62.00 price objective for the company.

Read Our Latest Stock Report on TriNet Group

Insider Buying and Selling at TriNet Group

In related news, SVP Anthony Shea Treadway sold 459 shares of the company's stock in a transaction that occurred on Tuesday, November 18th. The stock was sold at an average price of $54.52, for a total value of $25,024.68. Following the sale, the senior vice president owned 28,224 shares of the company's stock, valued at approximately $1,538,772.48. This represents a 1.60% decrease in their position. The transaction was disclosed in a filing with the Securities & Exchange Commission, which can be accessed through this hyperlink. Also, CTO Jeffery Jon Hayward sold 1,437 shares of the stock in a transaction on Tuesday, November 25th. The shares were sold at an average price of $57.51, for a total value of $82,641.87. Following the sale, the chief technology officer owned 27,922 shares in the company, valued at approximately $1,605,794.22. This trade represents a 4.89% decrease in their position. Additional details regarding this sale are available in the official SEC disclosure. Insiders have sold 3,398 shares of company stock valued at $200,433 over the last 90 days. 38.10% of the stock is currently owned by corporate insiders.

Hedge Funds Weigh In On TriNet Group

Institutional investors have recently added to or reduced their stakes in the business. Verdence Capital Advisors LLC raised its holdings in shares of TriNet Group by 3.0% during the second quarter. Verdence Capital Advisors LLC now owns 6,481 shares of the business services provider's stock worth $474,000 after acquiring an additional 188 shares in the last quarter. Farther Finance Advisors LLC increased its position in TriNet Group by 4.8% in the 3rd quarter. Farther Finance Advisors LLC now owns 4,672 shares of the business services provider's stock worth $313,000 after purchasing an additional 216 shares during the last quarter. Mirae Asset Global Investments Co. Ltd. raised its stake in shares of 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. Quantinno Capital Management LP raised its stake in shares of TriNet Group by 5.9% during the 2nd quarter. Quantinno Capital Management LP now owns 5,652 shares of the business services provider's stock worth $413,000 after purchasing an additional 317 shares in the last quarter. Finally, CWM LLC lifted its holdings in shares of TriNet Group by 140.5% during the 2nd quarter. CWM LLC now owns 582 shares of the business services provider's stock valued at $43,000 after buying an additional 340 shares during the last quarter. 96.81% of the stock is currently owned by institutional investors and hedge funds.

TriNet Group Stock Performance

Shares of TNET stock opened at $57.93 on Thursday. The company has a current ratio of 1.11, a quick ratio of 1.11 and a debt-to-equity ratio of 8.14. The stock has a 50 day simple moving average of $58.39 and a 200-day simple moving average of $65.31. The company has a market cap of $2.78 billion, a price-to-earnings ratio of 21.38 and a beta of 0.84. TriNet Group has a 12-month low of $54.22 and a 12-month high of $97.02.

TriNet Group (NYSE:TNET - Get Free Report) last announced its quarterly earnings data on Wednesday, October 29th. The business services provider reported $1.11 earnings per share for the quarter, topping analysts' consensus estimates of $0.72 by $0.39. The firm had revenue of $1.23 billion for the quarter, compared to analyst estimates of $261.92 million. TriNet Group had a return on equity of 212.38% and a net margin of 2.64%.TriNet Group's quarterly revenue was down 1.6% on a year-over-year basis. During the same quarter in the prior year, the company posted $1.17 earnings per share. TriNet Group has set its FY 2025 guidance at 3.250-4.750 EPS. On average, equities analysts forecast that TriNet Group will post 3.04 EPS for the current year.

TriNet Group Dividend Announcement

The company also recently declared a quarterly dividend, which will be paid on Monday, January 26th. Stockholders of record on Friday, January 2nd will be given a $0.275 dividend. The ex-dividend date is Friday, January 2nd. This represents a $1.10 dividend on an annualized basis and a dividend yield of 1.9%. TriNet Group's dividend payout ratio (DPR) is currently 40.59%.

TriNet Group Company Profile

(Get Free Report)

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.

See Also

Analyst Recommendations for TriNet Group (NYSE:TNET)

This instant news alert was generated by narrative science technology and financial data from MarketBeat in order to provide readers with the fastest reporting and unbiased coverage. Please send any questions or comments about this story to contact@marketbeat.com.

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