TriNet Group (TNET) to Release Earnings on Friday

TriNet Group (NYSE:TNET - Get Free Report) is anticipated to issue its Q2 2025 quarterly earnings data before the market opens on Friday, July 25th. Analysts expect the company to announce earnings of $1.00 per share and revenue of $278.93 million for the quarter. TriNet Group has set its FY 2025 guidance at 3.250-4.750 EPS.

TriNet Group (NYSE:TNET - Get Free Report) last issued its earnings results on Friday, April 25th. The business services provider reported $1.99 earnings per share (EPS) for the quarter, topping analysts' consensus estimates of $1.67 by $0.32. TriNet Group had a return on equity of 237.87% and a net margin of 3.32%. The business had revenue of $1.29 billion during the quarter, compared to analysts' expectations of $319.36 million. During the same quarter in the prior year, the firm earned $2.18 EPS. On average, analysts expect TriNet Group to post $3 EPS for the current fiscal year and $4 EPS for the next fiscal year.

TriNet Group Price Performance

Shares of TNET opened at $64.79 on Friday. The stock has a market cap of $3.14 billion, a PE ratio of 19.34 and a beta of 0.84. The business has a 50-day simple moving average of $78.06 and a two-hundred day simple moving average of $80.44. The company has a quick ratio of 1.08, a current ratio of 1.08 and a debt-to-equity ratio of 14.43. TriNet Group has a 12-month low of $64.36 and a 12-month high of $116.26.

TriNet Group Dividend Announcement

The business also recently declared a quarterly dividend, which will be paid on Monday, July 28th. Stockholders of record on Tuesday, July 1st will be paid a $0.275 dividend. The ex-dividend date is Tuesday, July 1st. This represents a $1.10 annualized dividend and a dividend yield of 1.70%. TriNet Group's payout ratio is 32.84%.

Analysts Set New Price Targets

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

Insider Buying and Selling

In other TriNet Group news, SVP Sidney A. Majalya sold 500 shares of the firm's stock in a transaction on Wednesday, May 21st. The stock was sold at an average price of $83.14, for a total value of $41,570.00. Following the completion of the sale, the senior vice president directly owned 23,033 shares of the company's stock, valued at $1,914,963.62. This trade represents a 2.12% decrease in their ownership of the stock. The transaction was disclosed in a filing with the SEC, which is available through this link. Also, CTO Jeffery Jon Hayward sold 1,437 shares of the firm's stock in a transaction on Tuesday, May 27th. The stock was sold at an average price of $82.04, for a total value of $117,891.48. Following the completion of the sale, the chief technology officer directly owned 32,932 shares of the company's stock, valued at $2,701,741.28. This represents a 4.18% decrease in their ownership of the stock. The disclosure for this sale can be found here. Insiders have sold 2,120 shares of company stock valued at $175,291 over the last ninety days. 38.10% of the stock is currently owned by company insiders.

Hedge Funds Weigh In On TriNet Group

Several hedge funds have recently made changes to their positions in TNET. Millennium Management LLC grew its position in shares of TriNet Group by 3,995.7% in 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 in the last quarter. Jane Street Group LLC bought a new stake in TriNet Group during the first quarter valued at $3,204,000. Intech Investment Management LLC boosted its stake 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 buying an additional 1,577 shares during the period. MIRAE ASSET GLOBAL ETFS HOLDINGS Ltd. boosted its stake 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 buying an additional 819 shares during the period. Finally, UBS AM A Distinct Business Unit of UBS Asset Management Americas LLC boosted its stake 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 buying an additional 470 shares during the period. 96.81% of the stock is currently owned by hedge funds and other institutional investors.

About TriNet Group

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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