JCIC Asset Management Inc. Purchases New Shares in SAP SE $SAP

JCIC Asset Management Inc. purchased a new position in shares of SAP SE (NYSE:SAP) during the third quarter, according to its most recent disclosure with the Securities and Exchange Commission (SEC). The firm purchased 15,865 shares of the software maker’s stock, valued at approximately $4,239,000. SAP accounts for about 1.3% of JCIC Asset Management Inc.’s portfolio, making the stock its 27th biggest holding.

A number of other institutional investors have also recently bought and sold shares of the business. First PREMIER Bank acquired a new stake in shares of SAP in the third quarter valued at approximately $25,000. Retirement Wealth Solutions LLC increased its stake in SAP by 246.4% during the 3rd quarter. Retirement Wealth Solutions LLC now owns 97 shares of the software maker’s stock worth $26,000 after acquiring an additional 69 shares during the period. Vermillion Wealth Management Inc. acquired a new position in SAP in the 2nd quarter valued at $31,000. Princeton Global Asset Management LLC bought a new stake in shares of SAP during the 2nd quarter valued at $38,000. Finally, Motco grew its holdings in shares of SAP by 400.0% during the 2nd quarter. Motco now owns 125 shares of the software maker’s stock worth $36,000 after purchasing an additional 100 shares in the last quarter.

SAP Stock Performance

Shares of SAP opened at $233.67 on Monday. The company has a quick ratio of 1.10, a current ratio of 1.11 and a debt-to-equity ratio of 0.14. SAP SE has a 12-month low of $231.91 and a 12-month high of $313.28. The business has a 50-day simple moving average of $243.17 and a two-hundred day simple moving average of $265.21.

SAP (NYSE:SAP) last released its quarterly earnings results on Wednesday, October 22nd. The software maker reported $1.86 earnings per share for the quarter, topping the consensus estimate of $1.69 by $0.17. SAP had a return on equity of 15.69% and a net margin of 19.50%.The company had revenue of $10.65 billion for the quarter, compared to analysts’ expectations of $9.10 billion. During the same period in the previous year, the business posted $1.23 earnings per share. The business’s quarterly revenue was up 7.2% compared to the same quarter last year. As a group, analysts predict that SAP SE will post 6.55 EPS for the current year.

Wall Street Analyst Weigh In

SAP has been the subject of several recent analyst reports. Barclays upped their price objective on shares of SAP from $322.00 to $348.00 and gave the stock an “overweight” rating in a research report on Friday, October 24th. JMP Securities reiterated a “market outperform” rating and set a $375.00 price target on shares of SAP in a research report on Thursday, October 23rd. Argus reaffirmed a “buy” rating and issued a $320.00 target price on shares of SAP in a report on Friday, October 24th. Wall Street Zen lowered SAP from a “buy” rating to a “hold” rating in a research note on Friday, October 3rd. Finally, Cowen restated a “buy” rating on shares of SAP in a research report on Thursday, October 23rd. Two equities research analysts have rated the stock with a Strong Buy rating, fourteen have issued a Buy rating and one has issued a Hold rating to the company. According to data from MarketBeat, the company has a consensus rating of “Buy” and a consensus target price of $280.20.

Key Stories Impacting SAP

Here are the key news stories impacting SAP this week:

• Positive Sentiment: BofA says risk is skewed to the upside into SAP’s upcoming 4Q results — suggests analysts expect better-than-feared results or upside surprises that could drive the stock higher on the report. SAP stock: BofA sees risk skewed to the upside into 4Q results
• Positive Sentiment: Morgan Stanley also views risk skewed to the upside into 4Q results — a second major house backing upside raises the chance that earnings/guide beats could spur a rally when results arrive. SAP stock: Morgan Stanley sees risk skewed to the upside into 4Q results
• Positive Sentiment: SAP announced a multi-year strategic partnership with Syngenta to embed AI across Syngenta’s operations — expands SAP’s total addressable market in agriculture, highlights demand for AI-enabled enterprise software and could support recurring cloud revenue over time. SAP and Syngenta Announce Partnership to Scale AI-Assisted Agriculture
• Neutral Sentiment: Decisions + ProcessMaker acquired a codeless SAP integration/automation company — signals healthy third‑party ecosystem and demand for easier SAP automation, but the deal is indirect and unlikely to materially change SAP’s near-term financials. Decisions + ProcessMaker Acquires Codeless SAP Integration and Automation Company
• Neutral Sentiment: Praxis completed a rapid SAP Cloud ERP go‑live for a mid‑market customer in three months — a positive execution example, but small in scale relative to SAP’s enterprise footprint. Praxis enables rapid SAP cloud ERP go-live for Dhananjay Group in just three months
• Negative Sentiment: Unusually large put option activity: ~5,494 puts traded on Friday (≈136% above typical put volume). This elevated put buying can reflect hedging or bearish bets and may exert short-term downward pressure or increased volatility ahead of results.

About SAP

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.