Legal & General Group Plc acquired a new position in Insperity, Inc. (NYSE:NSP – Free Report) during the second quarter, Holdings Channel reports. The institutional investor acquired 83,188 shares of the business services provider’s stock, valued at approximately $3,436,000.
Several other large investors also recently made changes to their positions in the stock. Royal Bank of Canada grew its holdings in Insperity by 205.4% during the first quarter. Royal Bank of Canada now owns 107,404 shares of the business services provider’s stock valued at $9,583,000 after purchasing an additional 72,241 shares during the last quarter. MIRAE ASSET GLOBAL ETFS HOLDINGS Ltd. raised its holdings in Insperity by 4.6% in the 1st quarter. MIRAE ASSET GLOBAL ETFS HOLDINGS Ltd. now owns 21,384 shares of the business services provider’s stock worth $1,908,000 after acquiring an additional 948 shares during the period. Dynamic Technology Lab Private Ltd acquired a new position in Insperity during the 1st quarter worth $218,000. Goldman Sachs Group Inc. boosted its holdings in Insperity by 54.2% during the first quarter. Goldman Sachs Group Inc. now owns 513,785 shares of the business services provider’s stock valued at $45,845,000 after acquiring an additional 180,563 shares during the period. Finally, United Services Automobile Association bought a new stake in Insperity during the first quarter valued at about $202,000. Institutional investors own 93.44% of the company’s stock.
Analyst Upgrades and Downgrades
Several equities analysts recently weighed in on NSP shares. Zacks Research raised Insperity from a “strong sell” rating to a “hold” rating in a research report on Wednesday, July 29th. Roth Capital set a $61.00 price objective on Insperity in a research report on Friday, July 31st. Robert W. Baird set a $56.00 price objective on shares of Insperity in a research note on Friday, July 31st. Wall Street Zen raised shares of Insperity from a “sell” rating to a “hold” rating in a research report on Saturday, May 9th. Finally, Weiss Ratings upgraded shares of Insperity from a “sell (d)” rating to a “sell (d+)” rating in a research note on Wednesday, July 15th. One equities research analyst has rated the stock with a Buy rating, two have assigned a Hold rating and two have assigned a Sell rating to the stock. According to MarketBeat, the company has an average rating of “Reduce” and an average target price of $53.33.
Insperity Price Performance
NYSE NSP opened at $51.82 on Friday. The company has a market capitalization of $1.98 billion, a PE ratio of -120.51 and a beta of 0.51. The firm’s 50 day moving average is $49.84 and its 200-day moving average is $36.56. The company has a quick ratio of 1.11, a current ratio of 1.11 and a debt-to-equity ratio of 6.87. Insperity, Inc. has a 12-month low of $18.57 and a 12-month high of $57.22.
Insperity (NYSE:NSP – Get Free Report) last posted its quarterly earnings results on Wednesday, July 29th. The business services provider reported $0.34 earnings per share for the quarter, beating analysts’ consensus estimates of $0.32 by $0.02. The business had revenue of $1.69 billion for the quarter, compared to analysts’ expectations of $1.67 billion. Insperity had a negative return on equity of 19.99% and a negative net margin of 0.23%.The firm’s revenue for the quarter was up 1.7% on a year-over-year basis. During the same quarter in the prior year, the business earned $0.26 EPS. Insperity has set its FY 2026 guidance at 1.880-2.430 EPS and its Q3 2026 guidance at -0.090-0.410 EPS. Equities research analysts anticipate that Insperity, Inc. will post 1.07 earnings per share for the current fiscal year.
Insperity Dividend Announcement
The firm also recently declared a quarterly dividend, which will be paid on Thursday, September 17th. Stockholders of record on Wednesday, September 2nd will be paid a dividend of $0.60 per share. The ex-dividend date of this dividend is Wednesday, September 2nd. This represents a $2.40 annualized dividend and a dividend yield of 4.6%. Insperity’s dividend payout ratio (DPR) is presently -558.14%.
About Insperity
Insperity, Inc is a leading provider of human resources and business performance solutions designed to help small and midsize businesses operate more efficiently. Headquartered in Kingwood, Texas, the company offers a comprehensive suite of products and services that span workforce management, payroll administration, employee benefits, risk management, and talent development. By leveraging its proprietary technology platform and team of HR experts, Insperity enables clients to focus on core business objectives while outsourcing complex administrative functions.
The company’s flagship offering is its Professional Employer Organization (PEO) service, which allows clients to outsource critical HR tasks such as payroll processing, workers’ compensation administration, and compliance with employment regulations.
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