M&T Bank Corp Trims Position in SAP SE $SAP

M&T Bank Corp lessened its stake in shares of SAP SE (NYSE:SAP) by 14.8% in the fourth quarter, Holdings Channel reports. The institutional investor owned 41,364 shares of the software maker’s stock after selling 7,206 shares during the quarter. M&T Bank Corp’s holdings in SAP were worth $10,048,000 at the end of the most recent reporting period.

Other hedge funds have also added to or reduced their stakes in the company. Dara Capital US Inc. purchased a new position in SAP during the 4th quarter valued at about $3,342,000. Oppenheimer Asset Management Inc. grew its position in SAP by 15.2% during the third quarter. Oppenheimer Asset Management Inc. now owns 53,410 shares of the software maker’s stock worth $14,272,000 after buying an additional 7,066 shares in the last quarter. Seaview Investment Managers LLC grew its position in SAP by 191.4% during the third quarter. Seaview Investment Managers LLC now owns 11,744 shares of the software maker’s stock worth $3,138,000 after buying an additional 7,714 shares in the last quarter. CIBC Bancorp USA Inc. purchased a new position in SAP during the third quarter worth about $32,760,000. Finally, Cidel Asset Management Inc. grew its position in SAP by 9.7% during the third quarter. Cidel Asset Management Inc. now owns 139,273 shares of the software maker’s stock worth $37,215,000 after buying an additional 12,268 shares in the last quarter.

Wall Street Analysts Forecast Growth

Several equities analysts recently commented on the company. BMO Capital Markets reduced their target price on SAP from $210.00 to $200.00 and set an “outperform” rating for the company in a research report on Friday, April 24th. Citizens Jmp cut SAP from an “outperform” rating to a “market perform” rating in a research report on Friday, January 30th. Santander upgraded SAP from a “neutral” rating to an “outperform” rating in a research report on Friday, April 24th. TD Cowen restated a “buy” rating on shares of SAP in a research report on Thursday, April 16th. Finally, Barclays boosted their target price on SAP from $256.00 to $257.00 and gave the stock an “overweight” rating in a research report on Monday, April 27th. Two research analysts have rated the stock with a Strong Buy rating, twelve have issued a Buy rating and seven have assigned a Hold rating to the company. According to data from MarketBeat, the company presently has an average rating of “Moderate Buy” and a consensus target price of $288.00.

Key SAP News

Here are the key news stories impacting SAP this week:

• Positive Sentiment: Announced acquisition of Prior Labs and a commitment to invest >€1 billion to build a European “frontier AI” lab focused on tabular foundation models — strengthens SAP’s edge in structured, enterprise data AI. SAP to Acquire Prior Labs to Establish a Globally Leading Frontier AI Lab in Europe
• Positive Sentiment: Agreed to acquire Dremio, a high‑performance data lakehouse platform to unify SAP and non‑SAP data for real‑time analytics and “agentic” AI — fills a key infrastructure gap for enterprise AI use cases. SAP to Acquire Dremio to Unify SAP and Non‑SAP Data to Power Agentic AI
• Positive Sentiment: Market commentary highlights these deals as a deliberate data‑moat strategy (tabular models + lakehouse) funded by solid Q1 cash flow and earnings — a risk‑weighted way to pursue AI leadership that may improve long‑term revenue mix. SAP bets $1.16B on 18-month-old German AI lab and says yes to NemoClaw
• Neutral Sentiment: SuccessFactors product update adds stricter ATS rules and new HR tools — incremental product enhancements that may aid customer retention but unlikely to move revenue materially on their own. SAP SuccessFactors update brings stricter ATS rules and new HR tools
• Neutral Sentiment: Partner ecosystem activity: UST acquired Taciti (an SAP Silver Partner), broadening transformation delivery capacity — supportive for deal execution but not a direct revenue catalyst. UST Increases SAP Transformation Portfolio with Acquisition of Taciti
• Neutral Sentiment: SAP executives are publicly emphasizing data integrity as central to AI success — useful messaging for enterprise customers wrestling with governance and compliance. SAP’s Tahera Zamanzada on data integrity for AI success
• Negative Sentiment: New API policy that restricts third‑party AI access has drawn criticism from user groups (DSAG) — potential customer friction and developer pushback could slow adoption of SAP’s new AI stack in the near term. SAP’s new API policy restricts AI access, draws customer criticism
• Negative Sentiment: Reports that SAP is moving to block unauthorized AI agents (e.g., “OpenClaw”) reflect a tighter, walled‑garden approach — this may placate regulators but risks alienating some customers and third‑party developers. SAP Moves to Block OpenClaw and Other Unauthorized AI Agents

SAP Stock Up 0.7%

Shares of NYSE:SAP opened at $172.55 on Wednesday. SAP SE has a 52-week low of $160.66 and a 52-week high of $313.28. The firm has a fifty day moving average of $180.39 and a 200 day moving average of $218.47. The firm has a market capitalization of $211.97 billion, a PE ratio of 23.32, a price-to-earnings-growth ratio of 1.92 and a beta of 1.11. The company has a debt-to-equity ratio of 0.11, a quick ratio of 1.07 and a current ratio of 1.07.

SAP (NYSE:SAP) last announced its earnings results on Friday, February 27th. The software maker reported $1.99 earnings per share (EPS) for the quarter. SAP had a net margin of 20.08% and a return on equity of 17.31%. The company had revenue of $11.06 billion during the quarter. As a group, research analysts anticipate that SAP SE will post 8.35 EPS for the current fiscal year.

SAP Increases Dividend

The firm also recently disclosed an annual dividend, which will be paid on Friday, May 15th. Stockholders of record on Tuesday, May 5th will be paid a $2.9291 dividend. This is a positive change from SAP’s previous annual dividend of $2.54. The ex-dividend date of this dividend is Tuesday, May 5th. This represents a dividend yield of 170.0%. SAP’s dividend payout ratio is currently 24.86%.

SAP Company Profile

SAP SE is a global enterprise software company headquartered in Walldorf, Germany. Founded in 1972 by five former IBM engineers, the company’s name is an acronym for Systeme, Anwendungen und Produkte in der Datenverarbeitung (Systems, Applications & Products in Data Processing). SAP develops and sells software and services that help organizations manage business processes across finance, human resources, procurement, manufacturing, supply chain and customer relationships.

SAP’s product portfolio spans on‑premises and cloud offerings, anchored by its enterprise resource planning (ERP) solutions such as SAP S/4HANA and the SAP HANA in‑memory database and platform.