SAP SE $SAP Shares Acquired by SG Americas Securities LLC

SG Americas Securities LLC increased its holdings in SAP SE (NYSE:SAP) by 1,374.1% in the first quarter, according to the company in its most recent Form 13F filing with the Securities & Exchange Commission. The firm owned 57,299 shares of the software maker’s stock after purchasing an additional 53,412 shares during the period. SG Americas Securities LLC’s holdings in SAP were worth $9,810,000 as of its most recent SEC filing.

Other institutional investors have also recently added to or reduced their stakes in the company. Windacre Partnership LLC boosted its stake in SAP by 130.9% in the 3rd quarter. Windacre Partnership LLC now owns 2,357,225 shares of the software maker’s stock worth $629,874,000 after buying an additional 1,336,325 shares during the last quarter. Bank of America Corp DE increased its stake in shares of SAP by 58.1% during the 2nd quarter. Bank of America Corp DE now owns 2,650,418 shares of the software maker’s stock valued at $805,992,000 after acquiring an additional 973,779 shares during the last quarter. Sustainable Growth Advisers LP increased its stake in shares of SAP by 1,126.3% during the 3rd quarter. Sustainable Growth Advisers LP now owns 842,416 shares of the software maker’s stock valued at $225,102,000 after acquiring an additional 773,720 shares during the last quarter. M&T Bank Corp lifted its holdings in shares of SAP by 1,582.7% during the 4th quarter. M&T Bank Corp now owns 817,295 shares of the software maker’s stock worth $198,529,000 after acquiring an additional 768,725 shares during the period. Finally, Fisher Asset Management LLC boosted its position in shares of SAP by 2.8% in the third quarter. Fisher Asset Management LLC now owns 14,549,331 shares of the software maker’s stock worth $3,887,727,000 after acquiring an additional 392,010 shares during the last quarter.

SAP Trading Up 4.8%

NYSE:SAP opened at $155.24 on Friday. The business’s 50-day moving average is $171.33 and its two-hundred day moving average is $196.55. The firm has a market capitalization of $190.71 billion, a PE ratio of 20.98, a price-to-earnings-growth ratio of 1.68 and a beta of 1.12. SAP SE has a 12 month low of $148.06 and a 12 month high of $313.28. The company has a debt-to-equity ratio of 0.11, a current ratio of 1.07 and a quick ratio of 1.07.

SAP (NYSE:SAP) last posted its earnings results on Friday, February 27th. The software maker reported $1.99 earnings per share (EPS) for the quarter. The business had revenue of $11.06 billion during the quarter. SAP had a return on equity of 17.31% and a net margin of 20.08%. Research analysts predict that SAP SE will post 8.36 earnings per share for the current fiscal year.

SAP Increases Dividend

The company also recently disclosed an annual dividend, which was paid on Friday, May 15th. Shareholders of record on Tuesday, May 5th were given a $2.9291 dividend. This represents a yield of 170.0%. This is a positive change from SAP’s previous annual dividend of $2.54. The ex-dividend date of this dividend was Tuesday, May 5th. SAP’s dividend payout ratio is 28.78%.

Wall Street Analysts Forecast Growth

Several equities analysts recently commented on SAP shares. BMO Capital Markets dropped their price target on shares of SAP from $210.00 to $200.00 and set an “outperform” rating for the company in a research report on Friday, April 24th. JPMorgan Chase & Co. reiterated a “neutral” rating on shares of SAP in a report on Tuesday, March 24th. Piper Sandler downgraded SAP from an “overweight” rating to a “neutral” rating in a report on Tuesday, April 14th. Barclays increased 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. Finally, HSBC upgraded SAP from a “hold” rating to a “buy” rating in a report on Wednesday, April 22nd. One investment analyst has rated the stock with a Strong Buy rating, twelve have issued a Buy rating and seven have given a Hold rating to the company. Based on data from MarketBeat, SAP currently has an average rating of “Moderate Buy” and a consensus target price of $283.40.

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.