Elevation Point Wealth Partners LLC grew its position in SAP SE (NYSE:SAP – Free Report) by 349.7% in the 1st quarter, according to its most recent disclosure with the SEC. The fund owned 16,201 shares of the software maker’s stock after buying an additional 12,598 shares during the period. Elevation Point Wealth Partners LLC’s holdings in SAP were worth $2,774,000 as of its most recent SEC filing.
Several other hedge funds and other institutional investors have also recently made changes to their positions in the company. Fisher Asset Management LLC raised its holdings in SAP by 1.2% in the 4th quarter. Fisher Asset Management LLC now owns 14,728,881 shares of the software maker’s stock worth $3,577,793,000 after acquiring an additional 179,550 shares during the last quarter. Bank of America Corp DE boosted its stake in 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 purchasing an additional 973,779 shares during the last quarter. Windacre Partnership LLC boosted its stake in SAP by 130.9% during the 3rd quarter. Windacre Partnership LLC now owns 2,357,225 shares of the software maker’s stock valued at $629,874,000 after purchasing an additional 1,336,325 shares during the last quarter. Northern Trust Corp lifted its holdings in shares of SAP by 3.2% during the third quarter. Northern Trust Corp now owns 1,560,994 shares of the software maker’s stock valued at $417,113,000 after purchasing an additional 49,111 shares in the last quarter. Finally, JPMorgan Chase & Co. lifted its holdings in shares of SAP by 7.5% during the fourth quarter. JPMorgan Chase & Co. now owns 1,200,024 shares of the software maker’s stock valued at $291,498,000 after purchasing an additional 83,349 shares in the last quarter.
SAP Stock Performance
Shares of SAP opened at $162.54 on Friday. 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 SE has a one year low of $148.06 and a one year high of $313.28. The firm has a market capitalization of $199.68 billion, a P/E ratio of 21.96, a PEG ratio of 1.86 and a beta of 1.14. The business has a fifty day moving average of $169.45 and a 200 day moving average of $193.54.
SAP Increases Dividend
The firm also recently declared an annual dividend, which was paid on Friday, May 15th. Stockholders of record on Tuesday, May 5th were given a dividend of $2.9291 per share. This represents a dividend yield of 170.0%. The ex-dividend date of this dividend was Tuesday, May 5th. This is an increase from SAP’s previous annual dividend of $2.54. SAP’s payout ratio is currently 28.92%.
Analyst Ratings Changes
Several equities research analysts recently commented on the company. TD Cowen reiterated a “buy” rating on shares of SAP in a report on Thursday, May 14th. JPMorgan Chase & Co. reaffirmed a “neutral” rating on shares of SAP in a report on Tuesday, March 24th. Santander upgraded shares of SAP from a “neutral” rating to an “outperform” rating in a research note on Friday, April 24th. BMO Capital Markets decreased their price objective on shares of SAP from $210.00 to $200.00 and set an “outperform” rating for the company in a report on Friday, April 24th. Finally, Weiss Ratings upgraded shares of SAP from a “hold (c-)” rating to a “hold (c)” rating in a research report on Tuesday. One analyst has rated the stock with a Strong Buy rating, twelve have issued a Buy rating and seven have assigned a Hold rating to the company. According to MarketBeat, SAP has an average rating of “Moderate Buy” and a consensus price target of $283.40.
Read Our Latest Analysis on SAP
SAP News Roundup
Here are the key news stories impacting SAP this week:
- Positive Sentiment: SAP is emphasizing AI-driven growth, saying it wants employees to create new AI-powered roles and redeploy workers into higher-value work rather than relying on large layoffs. That could support longer-term productivity and revenue opportunities. SAP Seeks to Rein In Costs to Focus on AI Investments
- Positive Sentiment: The company also announced a one-time $1,000 contribution for eligible U.S.-based employees’ children as part of a broader family-support initiative, which is positive for employee morale and corporate reputation, though it is not a major direct financial driver. SAP Celebrates America’s 250th with Investment in the Next Generation
- Neutral Sentiment: Multiple outlets reported that SAP is cutting or freezing non-core hiring and reducing travel and expense budgets to fund a bigger AI push. Investors may see this as disciplined spending, but it also signals near-term restraint on operating expenses and headcount growth. SAP cuts hiring and travel to fund AI
- Negative Sentiment: The repeated focus on budget tightening, non-core hiring freezes, and expense controls may raise concerns that SAP is slowing spending to preserve margins, which can weigh on sentiment if investors worry about reduced growth in the near term. SAP wants workers to create new AI-powered jobs, slashes travel and expenses budgets to up AI spend
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.
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