QRG Capital Management Inc. Sells 38,351 Shares of SAP SE $SAP

QRG Capital Management Inc. reduced its holdings in shares of SAP SE (NYSE:SAP) by 40.0% in the third quarter, according to its most recent Form 13F filing with the Securities and Exchange Commission (SEC). The fund owned 57,573 shares of the software maker’s stock after selling 38,351 shares during the quarter. QRG Capital Management Inc.’s holdings in SAP were worth $15,384,000 at the end of the most recent reporting period.

Other hedge funds and other institutional investors have also bought and sold shares of the company. Connor Clark & Lunn Investment Management Ltd. grew its holdings in SAP by 59.0% during the second quarter. Connor Clark & Lunn Investment Management Ltd. now owns 34,046 shares of the software maker’s stock valued at $10,353,000 after purchasing an additional 12,637 shares during the period. Cidel Asset Management Inc. lifted its position in shares of SAP by 20.2% during the 2nd quarter. Cidel Asset Management Inc. now owns 127,005 shares of the software maker’s stock valued at $38,622,000 after buying an additional 21,372 shares during the last quarter. JARISLOWSKY FRASER Ltd grew its stake in shares of SAP by 14.2% during the 3rd quarter. JARISLOWSKY FRASER Ltd now owns 165,093 shares of the software maker’s stock worth $44,114,000 after acquiring an additional 20,512 shares during the period. US Bancorp DE increased its holdings in SAP by 12.4% in the 2nd quarter. US Bancorp DE now owns 151,738 shares of the software maker’s stock worth $46,144,000 after acquiring an additional 16,726 shares during the last quarter. Finally, Journey Advisory Group LLC bought a new stake in SAP in the 2nd quarter valued at about $936,000.

Analysts Set New Price Targets

A number of equities analysts have weighed in on SAP shares. Weiss Ratings reiterated a “buy (b-)” rating on shares of SAP in a research report on Friday, October 31st. Arete Research raised shares of SAP to a “strong-buy” rating in a report on Thursday, December 11th. Jefferies Financial Group reiterated a “buy” rating on shares of SAP in a research note on Monday, October 27th. BMO Capital Markets dropped their target price on SAP from $330.00 to $320.00 and set an “outperform” rating on the stock in a research report on Thursday, October 23rd. Finally, Cowen reiterated a “buy” rating on shares of SAP in a research note on Thursday, October 23rd. Two analysts have rated the stock with a Strong Buy rating, fourteen have given a Buy rating and one has issued a Hold rating to the company. Based on data from MarketBeat, the company has a consensus rating of “Buy” and an average price target of $280.20.

Key Stories Impacting SAP

Here are the key news stories impacting SAP this week:

• Positive Sentiment: BofA says risk is skewed to the upside into SAP’s upcoming 4Q results — suggests analysts expect better-than-feared results or upside surprises that could drive the stock higher on the report. SAP stock: BofA sees risk skewed to the upside into 4Q results
• Positive Sentiment: Morgan Stanley also views risk skewed to the upside into 4Q results — a second major house backing upside raises the chance that earnings/guide beats could spur a rally when results arrive. SAP stock: Morgan Stanley sees risk skewed to the upside into 4Q results
• Positive Sentiment: SAP announced a multi-year strategic partnership with Syngenta to embed AI across Syngenta’s operations — expands SAP’s total addressable market in agriculture, highlights demand for AI-enabled enterprise software and could support recurring cloud revenue over time. SAP and Syngenta Announce Partnership to Scale AI-Assisted Agriculture
• Neutral Sentiment: Decisions + ProcessMaker acquired a codeless SAP integration/automation company — signals healthy third‑party ecosystem and demand for easier SAP automation, but the deal is indirect and unlikely to materially change SAP’s near-term financials. Decisions + ProcessMaker Acquires Codeless SAP Integration and Automation Company
• Neutral Sentiment: Praxis completed a rapid SAP Cloud ERP go‑live for a mid‑market customer in three months — a positive execution example, but small in scale relative to SAP’s enterprise footprint. Praxis enables rapid SAP cloud ERP go-live for Dhananjay Group in just three months
• Negative Sentiment: Unusually large put option activity: ~5,494 puts traded on Friday (≈136% above typical put volume). This elevated put buying can reflect hedging or bearish bets and may exert short-term downward pressure or increased volatility ahead of results.

SAP Stock Down 0.9%

NYSE SAP opened at $233.67 on Friday. SAP SE has a 1 year low of $231.91 and a 1 year high of $313.28. The stock has a market capitalization of $289.73 billion, a PE ratio of 34.98, a PEG ratio of 2.89 and a beta of 1.18. The company has a debt-to-equity ratio of 0.14, a current ratio of 1.11 and a quick ratio of 1.10. The business’s 50-day moving average is $243.17 and its 200 day moving average is $265.68.

SAP (NYSE:SAP) last announced its earnings results on Wednesday, October 22nd. The software maker reported $1.86 earnings per share for the quarter, beating analysts’ consensus estimates of $1.69 by $0.17. SAP had a net margin of 19.50% and a return on equity of 15.69%. The firm had revenue of $10.65 billion for the quarter, compared to analyst estimates of $9.10 billion. During the same quarter in the previous year, the firm posted $1.23 EPS. The company’s revenue for the quarter was up 7.2% compared to the same quarter last year. Sell-side analysts forecast that SAP SE will post 6.55 earnings per share for the current year.

SAP 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.