Sei Investments Co. Grows Position in Barrett Business Services, Inc. $BBSI

Sei Investments Co. increased its holdings in shares of Barrett Business Services, Inc. (NASDAQ:BBSI) by 102.5% in the first quarter, according to its most recent 13F filing with the Securities and Exchange Commission. The fund owned 168,356 shares of the business services provider’s stock after purchasing an additional 85,230 shares during the quarter. Sei Investments Co.’s holdings in Barrett Business Services were worth $4,913,000 at the end of the most recent reporting period.

Other institutional investors and hedge funds have also recently bought and sold shares of the company. Royce & Associates LP lifted its position in Barrett Business Services by 31.6% in the fourth quarter. Royce & Associates LP now owns 870,863 shares of the business services provider’s stock valued at $31,534,000 after buying an additional 208,865 shares during the last quarter. Trigran Investments Inc. increased its position in shares of Barrett Business Services by 62.3% during the fourth quarter. Trigran Investments Inc. now owns 648,738 shares of the business services provider’s stock valued at $23,491,000 after acquiring an additional 249,052 shares during the last quarter. Teacher Retirement System of Texas raised its stake in shares of Barrett Business Services by 49.4% in the 4th quarter. Teacher Retirement System of Texas now owns 193,145 shares of the business services provider’s stock valued at $6,994,000 after acquiring an additional 63,854 shares during the period. GW&K Investment Management LLC raised its stake in shares of Barrett Business Services by 8.0% in the 4th quarter. GW&K Investment Management LLC now owns 514,047 shares of the business services provider’s stock valued at $18,614,000 after acquiring an additional 37,947 shares during the period. Finally, GSA Capital Partners LLP acquired a new position in shares of Barrett Business Services in the 4th quarter worth approximately $881,000. 86.76% of the stock is currently owned by hedge funds and other institutional investors.

Analysts Set New Price Targets

A number of equities analysts recently weighed in on BBSI shares. Weiss Ratings raised shares of Barrett Business Services from a “hold (c-)” rating to a “hold (c)” rating in a research report on Monday, July 13th. Zacks Research upgraded Barrett Business Services from a “strong sell” rating to a “hold” rating in a research note on Tuesday, April 28th. Wall Street Zen upgraded Barrett Business Services from a “sell” rating to a “hold” rating in a research report on Saturday, June 6th. Finally, Barrington Research reaffirmed an “outperform” rating and issued a $41.00 price objective on shares of Barrett Business Services in a research note on Monday, April 27th. One analyst has rated the stock with a Strong Buy rating, two have issued a Buy rating and two have given a Hold rating to the company. Based on data from MarketBeat, the company has an average rating of “Moderate Buy” and an average target price of $41.50.

Barrett Business Services Stock Up 0.1%

Shares of BBSI opened at $40.11 on Thursday. The company has a market cap of $985.10 million, a P/E ratio of 26.05, a PEG ratio of 1.33 and a beta of 0.94. Barrett Business Services, Inc. has a fifty-two week low of $25.33 and a fifty-two week high of $49.65. The firm’s 50 day moving average price is $36.52 and its 200 day moving average price is $33.13.

Barrett Business Services (NASDAQ:BBSI) last posted its quarterly earnings results on Wednesday, August 5th. The business services provider reported $0.52 EPS for the quarter, missing the consensus estimate of $0.56 by ($0.04). The business had revenue of $319.27 million during the quarter, compared to analyst estimates of $321.55 million. Barrett Business Services had a return on equity of 22.89% and a net margin of 3.24%. Research analysts forecast that Barrett Business Services, Inc. will post 1.88 earnings per share for the current year.

Barrett Business Services Announces Dividend

The business also recently disclosed a quarterly dividend, which will be paid on Friday, September 4th. Stockholders of record on Friday, August 21st will be paid a $0.08 dividend. This represents a $0.32 annualized dividend and a dividend yield of 0.8%. The ex-dividend date is Friday, August 21st. Barrett Business Services’s dividend payout ratio (DPR) is presently 20.78%.

Key Stories Impacting Barrett Business Services

Here are the key news stories impacting Barrett Business Services this week:

• Positive Sentiment: Revenue and billings increased. Second-quarter revenue rose 4% year over year to $319.3 million, while gross billings grew 3% to $2.29 billion. The results indicate continued expansion in the company’s business-management and staffing operations. BBSI Reports Second Quarter 2026 Financial Results
• Positive Sentiment: BBSI declared a quarterly dividend. The company will pay $0.08 per share on September 4 to shareholders of record as of August 21. Although the annualized yield is relatively modest at approximately 0.8%, the payout provides an additional shareholder-return component. Barrett Business Services Dividend Announcement
• Neutral Sentiment: Management discussed the second-quarter performance on the earnings call. Investors are likely focused on commentary regarding operating trends, margins, client demand and the outlook following the mixed quarterly results. BBSI Q2 2026 Earnings Call Transcript
• Neutral Sentiment: Analysts’ target price is $41.50. The reported brokerage target is close to the stock’s recent trading range, suggesting limited near-term upside based on that estimate rather than a major valuation re-rating. Brokerages Set BBSI Target Price
• Negative Sentiment: Second-quarter earnings and revenue missed expectations. Adjusted earnings were $0.52 per share versus the $0.56 consensus estimate, while revenue of $319.27 million fell short of the $321.55 million forecast. Earnings also declined from $0.70 per share a year earlier, creating pressure on the stock despite the company’s top-line growth. BBSI Misses Q2 Earnings and Revenue Estimates

Insider Transactions at Barrett Business Services

In related news, Director Anthony Meeker sold 12,000 shares of the company’s stock in a transaction that occurred on Thursday, July 2nd. The shares were sold at an average price of $37.85, for a total transaction of $454,200.00. Following the sale, the director directly owned 44,945 shares in the company, valued at approximately $1,701,168.25. This represents a 21.07% decrease in their ownership of the stock. The transaction was disclosed in a filing with the Securities & Exchange Commission, which is accessible through the SEC website. Also, EVP James R. Potts sold 3,490 shares of the firm’s stock in a transaction that occurred on Tuesday, July 7th. The shares were sold at an average price of $38.00, for a total transaction of $132,620.00. Following the completion of the sale, the executive vice president directly owned 32,035 shares in the company, valued at approximately $1,217,330. This trade represents a 9.82% decrease in their position. The SEC filing for this sale provides additional information. Over the last three months, insiders have sold 20,779 shares of company stock valued at $786,233. Corporate insiders own 4.80% of the company’s stock.

Barrett Business Services Profile

Barrett Business Services, Inc (NASDAQ: BBSI) is a professional employer organization (PEO) headquartered in Northridge, California. Founded in 1971 by Barrett K. Levesque, the company provides comprehensive human resources outsourcing solutions to small and mid-sized businesses. Through its consultative model, Barrett Business Services helps clients streamline administrative processes, mitigate regulatory risk and focus on core operations.

The company’s core offerings include payroll administration, employee benefits management, workers’ compensation and risk management services.