TriNet Group (TNET) Expected to Announce Quarterly Earnings on Friday

TriNet Group (NYSE:TNET - Get Free Report) is projected 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 announced its earnings results on Friday, April 25th. The business services provider reported $1.99 earnings per share (EPS) for the quarter, beating the consensus estimate 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 analyst estimates of $319.36 million. During the same quarter in the previous year, the business earned $2.18 earnings per share. 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 Trading Down 0.4%

Shares of TriNet Group stock traded down $0.25 on Monday, hitting $63.65. 355,768 shares of the company traded hands, compared to its average volume of 384,219. The stock's 50 day moving average price is $77.35 and its 200-day moving average price is $79.94. The company has a current ratio of 1.08, a quick ratio of 1.08 and a debt-to-equity ratio of 14.43. TriNet Group has a 52 week low of $63.22 and a 52 week high of $116.26. The company has a market cap of $3.08 billion, a PE ratio of 19.00 and a beta of 0.84.

TriNet Group Dividend Announcement

The firm also recently declared a quarterly dividend, which will be paid on Monday, July 28th. Stockholders of record on Tuesday, July 1st will be given a dividend of $0.275 per share. This represents a $1.10 dividend on an annualized basis and a dividend yield of 1.73%. The ex-dividend date is Tuesday, July 1st. TriNet Group's payout ratio is presently 32.84%.

Insider Buying and Selling

In related news, SVP Sidney A. Majalya sold 500 shares of the stock in a transaction that occurred on Wednesday, May 21st. The shares were 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 owned 23,033 shares of the company's stock, valued at approximately $1,914,963.62. This trade represents a 2.12% decrease in their position. The transaction was disclosed in a document filed with the SEC, which is accessible through this hyperlink. Also, CTO Jeffery Jon Hayward sold 1,437 shares of the firm's stock in a transaction that occurred on Tuesday, May 27th. The shares were sold at an average price of $82.04, for a total transaction of $117,891.48. Following the completion of the transaction, 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 position. The disclosure for this sale can be found here. Insiders have sold a total of 2,120 shares of company stock valued at $175,291 in the last 90 days. Insiders own 38.10% of the company's stock.

Institutional Investors Weigh In On TriNet Group

Hedge funds and other institutional investors have recently bought and sold shares of the stock. UBS AM A Distinct Business Unit of UBS Asset Management Americas LLC increased its stake in shares of 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 worth $6,068,000 after acquiring an additional 470 shares during the period. MIRAE ASSET GLOBAL ETFS HOLDINGS Ltd. increased its stake in shares of 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 worth $1,506,000 after acquiring an additional 819 shares during the period. Intech Investment Management LLC increased its stake in shares of 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 worth $1,336,000 after acquiring an additional 1,577 shares during the period. Jane Street Group LLC acquired a new position in shares of TriNet Group during the first quarter worth about $3,204,000. Finally, Millennium Management LLC increased its stake in shares of 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 worth $11,008,000 after acquiring an additional 135,534 shares during the period. 96.81% of the stock is currently owned by institutional investors and hedge funds.

Wall Street Analysts Forecast Growth

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

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.