Kestra Advisory Services LLC Cuts Position in SAP SE $SAP

Kestra Advisory Services LLC reduced its stake in shares of SAP SE (NYSE:SAP) by 60.6% in the first quarter, according to its most recent 13F filing with the Securities and Exchange Commission (SEC). The fund owned 2,433 shares of the software maker’s stock after selling 3,743 shares during the quarter. Kestra Advisory Services LLC’s holdings in SAP were worth $417,000 as of its most recent SEC filing.

Other institutional investors also recently added to or reduced their stakes in the company. Sound Income Strategies LLC raised its holdings in SAP by 109.4% in the fourth quarter. Sound Income Strategies LLC now owns 111 shares of the software maker’s stock worth $26,000 after purchasing an additional 58 shares in the last quarter. Bayban acquired a new stake in SAP in the fourth quarter valued at approximately $28,000. Annis Gardner Whiting Capital Advisors LLC grew its stake in SAP by 758.8% during the 4th quarter. Annis Gardner Whiting Capital Advisors LLC now owns 146 shares of the software maker’s stock worth $35,000 after buying an additional 129 shares during the last quarter. Riggs Asset Managment Co. Inc. increased its holdings in shares of SAP by 83.8% during the second quarter. Riggs Asset Managment Co. Inc. now owns 147 shares of the software maker’s stock valued at $45,000 after acquiring an additional 67 shares in the last quarter. Finally, American National Bank & Trust raised its holdings in shares of SAP by 641.7% in the fourth quarter. American National Bank & Trust now owns 178 shares of the software maker’s stock worth $43,000 after buying an additional 154 shares during the last quarter.

SAP Price Performance

SAP stock opened at $179.29 on Wednesday. SAP SE has a 1 year low of $144.97 and a 1 year high of $299.48. The company has a debt-to-equity ratio of 0.11, a current ratio of 1.07 and a quick ratio of 1.07. The firm has a market capitalization of $220.25 billion, a PE ratio of 22.52, a price-to-earnings-growth ratio of 2.01 and a beta of 1.14. The business has a 50 day simple moving average of $165.52 and a 200-day simple moving average of $183.12.

SAP (NYSE:SAP) last released its quarterly earnings data on Friday, February 27th. The software maker reported $1.99 earnings per share for the quarter. The company had revenue of $11.06 billion for the quarter. SAP had a return on equity of 17.16% and a net margin of 20.88%. Equities research analysts anticipate that SAP SE will post 8.16 earnings per share for the current fiscal year.

Key Headlines Impacting SAP

Here are the key news stories impacting SAP this week:

• Positive Sentiment: SAP’s strategy to combine cloud ERP, trusted enterprise data and embedded AI is expected to support autonomous workflows and strengthen its long-term growth outlook. The company is also aiming to deploy AI at scale across enterprise customers. How SAP’s AI and Cloud Strategy Is Reshaping Its Growth Outlook Now
• Positive Sentiment: Barclays maintained an “overweight” rating while lowering its price target from $255 to $242. The revised target still implies substantial upside from recent trading levels, signaling continued confidence in SAP’s long-term prospects. Barclays SAP price target update
• Positive Sentiment: SAP is positioned to benefit from the enterprise shift toward agentic AI, cloud ERP and usage-based software consumption, potentially expanding recurring revenue opportunities. How SAP Is Riding the Enterprise Shift Toward Agentic AI and Cloud ERP
• Neutral Sentiment: Reports that Australia’s Department of Home Affairs has begun scoping an SAP ECC6 replacement highlight potential future migration demand, but no contract or revenue impact has been announced. Home Affairs starts scoping SAP ECC6 replacement
• Negative Sentiment: Investors remain cautious because SAP’s 2026 profit outlook was reduced, while legacy-software declines, AI-related investment, rising costs and lengthy enterprise sales cycles could dilute margins and delay returns. Is SAP Stock a Buy After the 2026 Selloff and Profit Outlook Cut?

Wall Street Analysts Forecast Growth

SAP has been the subject of a number of research reports. HSBC raised SAP from a “hold” rating to a “buy” rating in a report on Wednesday, April 22nd. Oppenheimer reaffirmed a “market perform” rating on shares of SAP in a report on Friday. Piper Sandler lowered shares of SAP from an “overweight” rating to a “neutral” rating in a research report on Tuesday, April 14th. BMO Capital Markets raised their price target on shares of SAP from $175.00 to $177.00 and gave the company an “outperform” rating in a research note on Friday, July 24th. Finally, Jefferies Financial Group lowered SAP from a “strong-buy” rating to a “hold” rating in a research note on Friday, July 24th. One analyst has rated the stock with a Strong Buy rating, eleven have assigned a Buy rating and nine have issued a Hold rating to the stock. Based on data from MarketBeat.com, SAP presently has an average rating of “Moderate Buy” and an average target price of $264.83.

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.