TriNet Group (NYSE:TNET) Price Target Raised to $46.00 at TD Cowen

TriNet Group (NYSE:TNET) had its price objective raised by TD Cowen from $40.00 to $46.00 in a note issued to investors on Friday,Benzinga reports. The brokerage presently has a “hold” rating on the business services provider’s stock. TD Cowen’s price target would suggest a potential upside of 3.27% from the stock’s previous close.

Other analysts also recently issued reports about the company. Weiss Ratings reiterated a “sell (d+)” rating on shares of TriNet Group in a research report on Wednesday, January 21st. JPMorgan Chase & Co. boosted their target price on TriNet Group from $43.00 to $45.00 and gave the stock an “underweight” rating in a research report on Friday. Stifel Nicolaus decreased their target price on TriNet Group from $97.00 to $75.00 and set a “buy” rating on the stock in a research report on Friday, February 13th. Finally, Zacks Research upgraded TriNet Group from a “strong sell” rating to a “hold” rating in a research report on Monday, April 13th. One equities research analyst has rated the stock with a Buy rating, four have given a Hold rating and two have issued a Sell rating to the company. According to data from MarketBeat, the company has a consensus rating of “Reduce” and a consensus price target of $58.20.

TriNet Group Price Performance

Shares of TriNet Group stock traded down $1.24 during trading on Friday, reaching $44.54. The company’s stock had a trading volume of 349,292 shares, compared to its average volume of 517,901. The company has a quick ratio of 1.09, a current ratio of 1.09 and a debt-to-equity ratio of 16.57. TriNet Group has a 12-month low of $33.60 and a 12-month high of $86.78. The company has a market capitalization of $2.05 billion, a P/E ratio of 14.10 and a beta of 0.87. The business has a 50 day moving average price of $37.92 and a 200-day moving average price of $50.90.

TriNet Group (NYSE:TNET) last posted its quarterly earnings results on Thursday, February 12th. The business services provider reported $0.46 earnings per share for the quarter, beating analysts’ consensus estimates of $0.37 by $0.09. The firm had revenue of $1.25 billion for the quarter, compared to the consensus estimate of $251.57 million. TriNet Group had a return on equity of 215.01% and a net margin of 3.09%.The company’s revenue for the quarter was down 2.3% compared to the same quarter last year. During the same period in the previous year, the business earned $0.44 earnings per share. TriNet Group has set its FY 2026 guidance at 3.700-4.700 EPS. As a group, sell-side analysts anticipate that TriNet Group will post 3.17 EPS for the current year.

TriNet Group announced that its board has approved a share buyback program on Thursday, February 12th that permits the company to buyback $400.00 million in outstanding shares. This buyback authorization permits the business services provider to purchase up to 18.4% of its stock through open market purchases. Stock buyback programs are usually an indication that the company’s board believes its shares are undervalued.

Insider Activity

In other news, SVP Sidney A. Majalya sold 775 shares of the company’s stock in a transaction on Wednesday, April 1st. The stock was sold at an average price of $37.02, for a total value of $28,690.50. Following the sale, the senior vice president directly owned 55,750 shares in the company, valued at $2,063,865. This represents a 1.37% decrease in their ownership of the stock. The sale was disclosed in a legal filing with the Securities & Exchange Commission, which is available through the SEC website. The transaction was executed under a pre-arranged Rule 10b5-1 trading plan. 38.10% of the stock is owned by corporate insiders.

Institutional Trading of TriNet Group

Institutional investors and hedge funds have recently made changes to their positions in the stock. Universal Beteiligungs und Servicegesellschaft mbH raised its position in shares of TriNet Group by 3.2% during the 4th quarter. Universal Beteiligungs und Servicegesellschaft mbH now owns 5,894 shares of the business services provider’s stock worth $350,000 after purchasing an additional 185 shares during the period. Mirae Asset Global Investments Co. Ltd. raised its position in shares of TriNet Group by 45.2% during the 4th quarter. Mirae Asset Global Investments Co. Ltd. now owns 646 shares of the business services provider’s stock worth $38,000 after purchasing an additional 201 shares during the period. Farther Finance Advisors LLC raised its position in shares of TriNet Group by 4.8% during the 3rd quarter. Farther Finance Advisors LLC now owns 4,672 shares of the business services provider’s stock worth $313,000 after purchasing an additional 216 shares during the period. Caitong International Asset Management Co. Ltd raised its position in shares of TriNet Group by 160.3% during the 4th quarter. Caitong International Asset Management Co. Ltd now owns 479 shares of the business services provider’s stock worth $28,000 after purchasing an additional 295 shares during the period. Finally, Quantinno Capital Management LP raised its position in shares of TriNet Group by 5.9% during the 2nd quarter. Quantinno Capital Management LP now owns 5,652 shares of the business services provider’s stock worth $413,000 after purchasing an additional 317 shares during the period. 96.81% of the stock is currently owned by hedge funds and other institutional investors.

More TriNet Group News

Here are the key news stories impacting TriNet Group this week:

• Positive Sentiment: Q1 earnings materially beat expectations — Adjusted EPS of $2.48 topped consensus (~$1.84–$1.91) and revenue of ~$1.23B beat estimates, driven by better-than-expected margins and cost performance. The company also reported GAAP EPS growth. TriNet Announces First Quarter 2026 Results
• Positive Sentiment: Capital return — TriNet returned about $71 million to shareholders in the quarter via buybacks and dividends, supporting EPS per-share metrics and providing direct support to shareholder value. Press Release
• Neutral Sentiment: Analyst action was mixed — JPMorgan raised its price target slightly from $43 to $45 but kept an “underweight” rating, signalling limited upside in the firm’s view despite the modest target lift. Benzinga
• Negative Sentiment: Guidance and forward uncertainty — TriNet issued FY2026 EPS guidance of $3.70–$4.70 versus a consensus near $4.04; the wide range and lower bound increase uncertainty about full-year outcomes and may temper multiple expansion. Earnings Press Materials
• Negative Sentiment: Top-line pressure — Revenue was down year-over-year (reported declines of ~5.1% YoY in one release) despite the beat versus consensus, highlighting demand/volume pressure that could limit sustainable margin expansion. Earnings Snapshot / Transcript

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.