TD Waterhouse Canada Inc. purchased a new position in Insperity, Inc. (NYSE:NSP – Free Report) in the 3rd quarter, according to the company in its most recent Form 13F filing with the Securities & Exchange Commission. The institutional investor purchased 56,750 shares of the business services provider’s stock, valued at approximately $2,757,000. TD Waterhouse Canada Inc. owned approximately 0.15% of Insperity as of its most recent filing with the Securities & Exchange Commission.
A number of other large investors also recently modified their holdings of NSP. BlackRock Inc. bought a new stake in shares of Insperity during the second quarter valued at about $229,243,000. Bank of America Corp DE acquired a new stake in Insperity in the second quarter worth about $118,483,000. Hawk Ridge Capital Management LP acquired a new stake in Insperity in the first quarter worth about $39,608,000. Pine Valley Investments Ltd Liability Co bought a new position in Insperity in the 1st quarter valued at about $12,890,000. Finally, Sei Investments Co. grew its position in Insperity by 47.7% in the 1st quarter. Sei Investments Co. now owns 1,311,430 shares of the business services provider’s stock valued at $35,461,000 after buying an additional 423,383 shares in the last quarter. 93.44% of the stock is owned by institutional investors and hedge funds.
Analysts Set New Price Targets
Several research firms have commented on NSP. Weiss Ratings reissued a “sell (d+)” rating on shares of Insperity in a research note on Tuesday, October 13th. Roth Capital set a $61.00 price target on shares of Insperity in a research note on Friday, July 31st. Truist Financial set a $52.00 price target on shares of Insperity and gave the stock a “hold” rating in a research note on Wednesday, July 22nd. Zacks Research upgraded shares of Insperity from a “strong sell” rating to a “hold” rating in a report on Wednesday, July 29th. Finally, Robert W. Baird set a $56.00 price objective on shares of Insperity in a research note on Friday, July 31st. One research analyst has rated the stock with a Buy rating, two have assigned a Hold rating and two have given a Sell rating to the stock. Based on data from MarketBeat, Insperity presently has an average rating of “Reduce” and a consensus price target of $53.33.
Read Our Latest Research Report on NSP
Insperity Stock Up 2.2%
NSP opened at $50.13 on Wednesday. Insperity, Inc. has a one year low of $18.57 and a one year high of $55.90. The company has a debt-to-equity ratio of 6.87, a quick ratio of 1.11 and a current ratio of 1.11. The stock’s fifty day moving average is $50.21 and its 200-day moving average is $42.44. The company has a market capitalization of $1.91 billion, a PE ratio of -116.59 and a beta of 0.54.
Insperity (NYSE:NSP – Get Free Report) last announced its quarterly earnings data on Wednesday, July 29th. The business services provider reported $0.34 earnings per share for the quarter, beating the consensus estimate of $0.32 by $0.02. Insperity had a negative return on equity of 19.99% and a negative net margin of 0.23%. The business had revenue of $1.69 billion during the quarter, compared to analyst estimates of $1.67 billion. During the same quarter in the prior year, the firm posted $0.26 earnings per share. The company’s revenue was up 1.7% on a year-over-year basis. Insperity has set its FY 2026 guidance at 1.880-2.430 EPS and its Q3 2026 guidance at -0.090-0.410 EPS. On average, equities analysts predict that Insperity, Inc. will post 1.07 EPS for the current fiscal year.
Insperity Dividend Announcement
The firm also recently disclosed a quarterly dividend, which was paid on Thursday, September 17th. Stockholders of record on Wednesday, September 2nd were paid a $0.60 dividend. The ex-dividend date of this dividend was Wednesday, September 2nd. This represents a $2.40 annualized dividend and a dividend yield of 4.8%. Insperity’s payout ratio is currently -558.14%.
Insperity Company Profile
Insperity, Inc provides human resources and business solutions designed primarily for small and midsize companies in the United States. The company operates as a professional employer organization (PEO), helping clients manage employment-related responsibilities while supporting their day-to-day operations.
Its services include payroll and tax administration, employee benefits, workers’ compensation, human resources guidance, regulatory compliance, recruiting and talent management, performance management, and employee training.
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