JPMorgan Chase & Co. Issues Positive Forecast for TriNet Group (NYSE:TNET) Stock Price

TriNet Group (NYSE:TNET) had its price target upped by JPMorgan Chase & Co. from $45.00 to $50.00 in a research report report published on Friday,Benzinga reports. JPMorgan Chase & Co. currently has an underweight rating on the business services provider’s stock.

Several other equities research analysts have also commented on TNET. UBS Group dropped their price target on shares of TriNet Group from $62.00 to $48.00 and set a “neutral” rating on the stock in a research note on Tuesday, May 5th. Zacks Research downgraded TriNet Group from a “strong-buy” rating to a “hold” rating in a research report on Friday, July 3rd. TD Cowen increased their price objective on TriNet Group from $46.00 to $49.00 and gave the stock a “hold” rating in a report on Friday, June 26th. Weiss Ratings upgraded TriNet Group from a “sell (d+)” rating to a “hold (c-)” rating in a research report on Tuesday. Finally, Truist Financial lifted their target price on TriNet Group from $50.00 to $62.00 and gave the company a “hold” rating in a research note on Wednesday, July 22nd. One analyst has rated the stock with a Buy rating, five have given a Hold rating and one has given a Sell rating to the company’s stock. According to data from MarketBeat, TriNet Group currently has a consensus rating of “Hold” and an average price target of $56.80.

TriNet Group Stock Down 8.4%

TriNet Group stock opened at $65.65 on Friday. The company has a 50-day simple moving average of $52.60 and a 200-day simple moving average of $47.01. The firm has a market capitalization of $3.02 billion, a P/E ratio of 17.55 and a beta of 0.99. The company has a debt-to-equity ratio of 10.80, a quick ratio of 1.12 and a current ratio of 1.12. TriNet Group has a one year low of $33.60 and a one year high of $73.07.

TriNet Group (NYSE:TNET) last released its quarterly earnings data on Thursday, July 30th. The business services provider reported $1.55 earnings per share for the quarter, topping analysts’ consensus estimates of $0.93 by $0.62. The business had revenue of $1.18 billion for the quarter, compared to analysts’ expectations of $1.18 billion. TriNet Group had a net margin of 3.58% and a return on equity of 256.72%. During the same quarter last year, the company earned $1.15 EPS. TriNet Group has set its FY 2026 guidance at 4.500-5.100 EPS. As a group, equities analysts expect that TriNet Group will post 3.55 earnings per share for the current year.

TriNet Group Announces Dividend

The business also recently announced a quarterly dividend, which was paid on Monday, July 27th. Shareholders of record on Wednesday, July 1st were paid a dividend of $0.29 per share. The ex-dividend date of this dividend was Wednesday, July 1st. This represents a $1.16 annualized dividend and a yield of 1.8%. TriNet Group’s dividend payout ratio (DPR) is presently 31.02%.

Insider Activity at TriNet Group

In other news, SVP Anthony Shea Treadway sold 933 shares of the company’s stock in a transaction that occurred on Tuesday, May 19th. The shares were sold at an average price of $43.46, for a total value of $40,548.18. Following the completion of the sale, the senior vice president directly owned 67,678 shares of the company’s stock, valued at approximately $2,941,285.88. This represents a 1.36% decrease in their position. The sale was disclosed in a legal filing with the SEC, which is accessible through this link. The transaction was executed under a pre-arranged Rule 10b5-1 trading plan. Company insiders own 40.00% of the company’s stock.

Institutional Inflows and Outflows

Several institutional investors and hedge funds have recently made changes to their positions in TNET. Mirador Capital Partners LP increased its stake in shares of TriNet Group by 8.6% during the second quarter. Mirador Capital Partners LP now owns 28,321 shares of the business services provider’s stock valued at $1,402,000 after acquiring an additional 2,234 shares during the period. GAMMA Investing LLC lifted its position in TriNet Group by 63.6% in the second quarter. GAMMA Investing LLC now owns 1,350 shares of the business services provider’s stock worth $67,000 after purchasing an additional 525 shares during the period. Empowered Funds LLC lifted its position in TriNet Group by 82.2% in the first quarter. Empowered Funds LLC now owns 15,421 shares of the business services provider’s stock worth $557,000 after purchasing an additional 6,955 shares during the period. Essential Partners LLC boosted its stake in TriNet Group by 427.4% during the 1st quarter. Essential Partners LLC now owns 944 shares of the business services provider’s stock valued at $34,000 after purchasing an additional 765 shares in the last quarter. Finally, Bank of America Corp DE boosted its stake in TriNet Group by 89.4% during the 1st quarter. Bank of America Corp DE now owns 314,528 shares of the business services provider’s stock valued at $11,458,000 after purchasing an additional 148,451 shares in the last quarter. 96.81% of the stock is currently owned by institutional investors.

TriNet Group News Roundup

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

• Positive Sentiment: Quarterly earnings beat expectations. TriNet reported adjusted EPS of $1.55, up from $1.15 a year earlier and above the $0.93–$1.01 analyst estimates. Revenue was $1.18 billion, essentially in line with expectations. TriNet Group Beats Q2 Earnings and Revenue Estimates
• Positive Sentiment: Management raised fiscal 2026 guidance. TriNet now expects adjusted EPS of $4.50 to $5.10, above the $4.34 consensus estimate, and revenue of approximately $4.8 billion to $4.9 billion. The company also reported 50% growth in GAAP earnings per diluted share and 35% growth in adjusted net income per share for the quarter. TriNet Announces Second Quarter 2026 Results and Raises FY26 Earnings Guidance
• Neutral Sentiment: Truist maintained its Hold rating. The unchanged stance indicates that the strong results and improved outlook may already be reflected in TriNet’s share price. Truist Maintains Hold Rating
• Negative Sentiment: JPMorgan retained an Underweight rating while raising its price target from $45 to $50. The new target remains substantially below the current trading level, signaling concern that valuation and upside potential are unfavorable despite the earnings momentum. Benzinga Analyst Update

About TriNet Group

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.