TriNet Group (NYSE:TNET) Releases FY 2025 Earnings Guidance

Key Points

• TriNet Group has updated its FY 2025 earnings guidance, projecting an EPS of 3.250-4.750 compared to a consensus estimate of 4.160, and revenue guidance of $5.0-$5.1 billion.
• Shares of TriNet Group opened at $65.61 and have a market cap of $3.18 billion, with a high of $116.26 in the last year.
• The company has declared a quarterly dividend of $0.275 per share, resulting in an annualized dividend of $1.10 and a yield of 1.68%.

TriNet Group (NYSE:TNET - Get Free Report) updated its FY 2025 earnings guidance on Friday. The company provided earnings per share (EPS) guidance of 3.250-4.750 for the period, compared to the consensus estimate of 4.160. The company issued revenue guidance of $5.0 billion-$5.1 billion, compared to the consensus revenue estimate of $5.0 billion.

Wall Street Analysts Forecast Growth

Separately, JPMorgan Chase & Co. lifted their price target on shares of TriNet Group from $75.00 to $76.00 and gave the company an "underweight" rating in a research report on Monday, April 28th.

TriNet Group Stock Performance

Shares of TNET stock opened at $65.61 on Friday. The firm has a 50-day moving average of $75.78 and a 200-day moving average of $79.38. The company has a market cap of $3.18 billion, a P/E ratio of 19.59 and a beta of 0.84. The company has a debt-to-equity ratio of 14.43, a current ratio of 1.08 and a quick ratio of 1.08. TriNet Group has a one year low of $63.23 and a one year high of $116.26.

TriNet Group (NYSE:TNET - Get Free Report) last announced its earnings results on Friday, April 25th. The business services provider reported $1.99 EPS for the quarter, beating the consensus estimate of $1.67 by $0.32. The company had revenue of $1.29 billion during the quarter, compared to the consensus estimate of $319.36 million. TriNet Group had a net margin of 3.32% and a return on equity of 237.87%. During the same quarter in the prior year, the company posted $2.18 earnings per share. Equities research analysts forecast that TriNet Group will post 3.04 EPS for the current fiscal year.

TriNet Group Dividend Announcement

The business also recently declared a quarterly dividend, which will be paid on Monday, July 28th. Investors of record on Tuesday, July 1st will be issued a $0.275 dividend. This represents a $1.10 dividend on an annualized basis and a dividend yield of 1.68%. The ex-dividend date of this dividend is Tuesday, July 1st. TriNet Group's dividend payout ratio (DPR) is currently 32.84%.

Insider Transactions at TriNet Group

In related news, CTO Jeffery Jon Hayward sold 1,437 shares of the business's stock in a transaction dated Tuesday, May 27th. The shares were sold at an average price of $82.04, for a total value of $117,891.48. Following the transaction, the chief technology officer directly owned 32,932 shares of the company's stock, valued at approximately $2,701,741.28. The trade was a 4.18% decrease in their position. The sale was disclosed in a filing with the Securities & Exchange Commission, which can be accessed through this hyperlink. Also, SVP Sidney A. Majalya sold 500 shares of the business's stock in a transaction dated Wednesday, May 21st. The stock was sold at an average price of $83.14, for a total transaction of $41,570.00. Following the completion of the transaction, the senior vice president directly owned 23,033 shares in the company, valued at $1,914,963.62. This trade represents a 2.12% decrease in their ownership of the stock. The disclosure for this sale can be found here. Insiders sold a total of 2,120 shares of company stock worth $175,291 over the last three months. 38.10% of the stock is owned by insiders.

Hedge Funds Weigh In On TriNet Group

A number of hedge funds and other institutional investors have recently made changes to their positions in the stock. Intech Investment Management LLC lifted its holdings in TriNet Group by 10.3% during the first quarter. Intech Investment Management LLC now owns 16,862 shares of the business services provider's stock valued at $1,336,000 after purchasing an additional 1,577 shares during the last quarter. MIRAE ASSET GLOBAL ETFS HOLDINGS Ltd. lifted its holdings in TriNet Group by 4.5% during the first quarter. MIRAE ASSET GLOBAL ETFS HOLDINGS Ltd. now owns 19,009 shares of the business services provider's stock valued at $1,506,000 after purchasing an additional 819 shares during the last quarter. Jane Street Group LLC purchased a new stake in TriNet Group during the first quarter valued at about $3,204,000. UBS AM A Distinct Business Unit of UBS Asset Management Americas LLC lifted its holdings in TriNet Group by 0.6% during the first quarter. UBS AM A Distinct Business Unit of UBS Asset Management Americas LLC now owns 76,575 shares of the business services provider's stock valued at $6,068,000 after purchasing an additional 470 shares during the last quarter. Finally, Millennium Management LLC lifted its holdings in TriNet Group by 3,995.7% during the first quarter. Millennium Management LLC now owns 138,926 shares of the business services provider's stock valued at $11,008,000 after purchasing an additional 135,534 shares during the last quarter. 96.81% of the stock is owned by hedge funds and other institutional investors.

TriNet Group Company Profile

TriNet Group, Inc provides comprehensive and flexible human capital management services for small and medium size businesses in the United States. The company offers multi-state payroll processing and tax administration; employee benefits programs, including health insurance and retirement plans; workers compensation insurance and claims management; employment and benefits law compliance; and other HR related services.

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