TriNet Group (NYSE:TNET) Issues FY 2026 Earnings Guidance

TriNet Group (NYSE:TNET) updated its FY 2026 earnings guidance on Thursday morning. The company provided EPS guidance of 4.500-5.100 for the period, compared to the consensus EPS estimate of 4.340. The company issued revenue guidance of $4.8 billion-$4.9 billion, compared to the consensus revenue estimate of $4.1 billion.

TriNet Group Stock Performance

Shares of NYSE:TNET opened at $70.47 on Thursday. The business’s 50-day simple moving average is $51.54 and its 200 day simple moving average is $46.81. The company has a market cap of $3.24 billion, a P/E ratio of 21.04 and a beta of 0.99. The company has a debt-to-equity ratio of 10.80, a quick ratio of 1.12 and a current ratio of 1.12. TriNet Group has a one year low of $33.60 and a one year high of $72.84.

TriNet Group (NYSE:TNET) last posted its quarterly earnings data on Thursday, July 30th. The business services provider reported $1.55 earnings per share (EPS) for the quarter, beating analysts’ consensus estimates of $0.93 by $0.62. TriNet Group had a net margin of 3.22% and a return on equity of 219.54%. The company had revenue of $1.18 billion for the quarter, compared to analyst estimates of $1.18 billion. TriNet Group has set its FY 2026 guidance at 4.500-5.100 EPS. On average, sell-side analysts forecast that TriNet Group will post 3.55 earnings per share for the current fiscal year.

TriNet Group Dividend Announcement

The company also recently disclosed a quarterly dividend, which was paid on Monday, July 27th. Shareholders of record on Wednesday, July 1st were issued a $0.29 dividend. The ex-dividend date was Wednesday, July 1st. This represents a $1.16 dividend on an annualized basis and a yield of 1.6%. TriNet Group’s payout ratio is currently 34.63%.

Analysts Set New Price Targets

Several brokerages have recently weighed in on TNET. UBS Group lowered their target price on TriNet Group from $62.00 to $48.00 and set a “neutral” rating for the company in a research note on Tuesday, May 5th. Weiss Ratings upgraded TriNet Group from a “sell (d+)” rating to a “hold (c-)” rating in a research note on Tuesday. Zacks Research downgraded TriNet Group from a “strong-buy” rating to a “hold” rating in a report on Friday, July 3rd. Truist Financial raised their price objective on TriNet Group from $50.00 to $62.00 and gave the company a “hold” rating in a research note on Wednesday, July 22nd. Finally, JPMorgan Chase & Co. lifted their price objective on TriNet Group from $43.00 to $45.00 and gave the stock an “underweight” rating in a report on Friday, May 1st. One analyst has rated the stock with a Buy rating, five have assigned a Hold rating and one has given a Sell rating to the company’s stock. According to MarketBeat.com, the company presently has an average rating of “Hold” and an average target price of $55.80.

Insider Activity

In related news, SVP Anthony Shea Treadway sold 933 shares of the firm’s stock in a transaction on Tuesday, May 19th. The stock was sold at an average price of $43.46, for a total transaction of $40,548.18. Following the transaction, the senior vice president directly owned 67,678 shares in the company, valued at $2,941,285.88. This trade represents a 1.36% decrease in their ownership of the stock. The sale was disclosed in a document filed with the SEC, which is available through this hyperlink. The transaction was executed under a pre-arranged Rule 10b5-1 trading plan. Corporate insiders own 40.00% of the company’s stock.

Institutional Inflows and Outflows

Several hedge funds and other institutional investors have recently modified their holdings of TNET. Quantinno Capital Management LP raised its stake in TriNet Group by 5.9% during the second quarter. Quantinno Capital Management LP now owns 5,652 shares of the business services provider’s stock worth $413,000 after acquiring an additional 317 shares during the period. Quarry LP boosted its stake in TriNet Group by 524.7% in the third quarter. Quarry LP now owns 456 shares of the business services provider’s stock valued at $31,000 after acquiring an additional 383 shares during the period. Victory Capital Management Inc. grew its holdings in shares of TriNet Group by 1.3% during the third quarter. Victory Capital Management Inc. now owns 30,600 shares of the business services provider’s stock valued at $2,047,000 after purchasing an additional 386 shares during the last quarter. UBS AM A Distinct Business Unit of UBS Asset Management Americas LLC grew its holdings 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 valued at $6,068,000 after purchasing an additional 470 shares during the last quarter. Finally, Aster Capital Management DIFC Ltd bought a new position in TriNet Group during the 4th quarter worth $28,000. 96.81% of the stock is owned by institutional investors and hedge funds.

TriNet Group Company Profile

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.