Caprock Group LLC Lowers Stock Position in SAP SE $SAP

Caprock Group LLC lessened its stake in shares of SAP SE (NYSE:SAP) by 16.0% in the 4th quarter, according to the company in its most recent Form 13F filing with the Securities and Exchange Commission (SEC). The firm owned 17,995 shares of the software maker’s stock after selling 3,415 shares during the quarter. Caprock Group LLC’s holdings in SAP were worth $4,371,000 as of its most recent SEC filing.

Other hedge funds and other institutional investors have also made changes to their positions in the company. First PREMIER Bank purchased a new position in shares of SAP in the third quarter valued at approximately $25,000. Sound Income Strategies LLC boosted its stake in shares of SAP by 109.4% in the fourth quarter. Sound Income Strategies LLC now owns 111 shares of the software maker’s stock valued at $26,000 after purchasing an additional 58 shares during the period. Abich Financial Wealth Management LLC purchased a new position in shares of SAP in the third quarter valued at approximately $27,000. Copia Wealth Management purchased a new position in shares of SAP in the third quarter valued at approximately $28,000. Finally, Guerra Advisors Inc purchased a new position in shares of SAP in the third quarter valued at approximately $31,000.

Key Stories Impacting SAP

Here are the key news stories impacting SAP this week:

• Positive Sentiment: Quarterly results: Q1 operating profit rose ~17%, EPS beat consensus and total revenue expanded; management highlighted a large, faster‑growing cloud business (current cloud backlog €21.9bn, cloud revenue +27% at constant currency). SAP Quarterly Statement Q1 2026
• Positive Sentiment: Market confirmation: Reuters highlights the 17% rise in first‑quarter operating profit driven by strong cloud demand — reinforces that core cloud growth, not just one‑off items, is behind the beat. SAP reports 17% rise in first-quarter profit
• Positive Sentiment: Partnership news: Expanded SAP–Google Cloud collaboration to deploy multi‑agent AI across SAP CX and Google platforms — could accelerate enterprise AI adoption and upsell opportunities in marketing and CX. SAP and Google Cloud Expand Partnership to Deploy Multi-Agent AI
• Positive Sentiment: Analyst/ratings support: HSBC upgraded SAP from “hold” to “buy,” signaling buy‑side conviction after the results. Finviz
• Neutral Sentiment: Street targets: Brokers’ average price target sits near $297 — implies substantial upside but reflects multi‑year recovery expectations. SAP SE Receives $297.00 Average Price Target from Brokerages
• Neutral Sentiment: Market narrative: Coverage pieces mark SAP among undervalued European tech names after recent macro shifts — positive for sentiment but not an immediate catalyst. 3 Undervalued European Tech Stocks to Buy After the Ceasefire
• Neutral Sentiment: Investor commentary: Value managers and research notes highlight SAP’s long‑term cash flows and platform position; useful for conviction but less likely to move intraday price. What Makes SAP (SAP) a Lucrative Investment Bet?
• Neutral Sentiment: Industry context: Thought leadership on data governance and digital transformation underscores addressable market but is a longer‑term tailwind rather than an immediate catalyst. Why Data Governance Fails In Digital Transformation
• Negative Sentiment: Near‑term down‑side drivers: Despite fundamentals, the stock is down today on profit‑taking and technical weakness — trading below its 50‑day ($184.90) and 200‑day ($223.81) averages and nearer its 1‑year low than high, which can attract short‑term selling pressure.

Analysts Set New Price Targets

Several research firms have recently commented on SAP. BMO Capital Markets lowered their price objective on shares of SAP from $245.00 to $210.00 and set an “outperform” rating for the company in a research note on Monday, April 13th. Wall Street Zen lowered shares of SAP from a “buy” rating to a “hold” rating in a research note on Tuesday, February 24th. Citigroup lowered shares of SAP from a “buy” rating to a “hold” rating in a research note on Friday, January 30th. Weiss Ratings lowered shares of SAP from a “buy (b-)” rating to a “hold (c+)” rating in a research note on Monday, March 16th. Finally, HSBC raised shares of SAP from a “hold” rating to a “buy” rating in a report on Wednesday. Two analysts have rated the stock with a Strong Buy rating, eleven have given a Buy rating and eight have issued a Hold rating to the stock. According to MarketBeat.com, the stock has a consensus rating of “Moderate Buy” and an average target price of $290.25.

SAP Stock Down 6.2%

Shares of NYSE:SAP opened at $163.21 on Friday. The firm’s 50 day moving average price is $184.09 and its 200 day moving average price is $223.38. The stock has a market cap of $200.50 billion, a price-to-earnings ratio of 23.15, a price-to-earnings-growth ratio of 1.95 and a beta of 1.24. SAP SE has a fifty-two week low of $160.66 and a fifty-two week high of $313.28. The company has a quick ratio of 1.16, a current ratio of 1.16 and a debt-to-equity ratio of 0.13.

SAP (NYSE:SAP) last released its quarterly earnings data on Thursday, April 23rd. The software maker reported $1.99 earnings per share for the quarter, topping analysts’ consensus estimates of $1.92 by $0.07. SAP had a net margin of 19.92% and a return on equity of 16.54%. The company had revenue of $11.19 billion for the quarter, compared to analysts’ expectations of $11.21 billion. During the same quarter last year, the company earned $1.52 earnings per share. The firm’s revenue for the quarter was up 6.0% on a year-over-year basis. As a group, equities research analysts predict that SAP SE will post 8.4 earnings per share for the current fiscal year.

SAP Increases Dividend

The firm also recently announced an annual dividend, which will be paid on Friday, May 15th. Stockholders of record on Tuesday, May 5th will be issued a $2.9291 dividend. This represents a dividend yield of 175.0%. The ex-dividend date of this dividend is Tuesday, May 5th. This is a positive change from SAP’s previous annual dividend of $2.54. SAP’s dividend payout ratio is presently 26.10%.

SAP 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.