TriNet Group (NYSE:TNET) Releases FY 2026 Earnings Guidance

TriNet Group (NYSE:TNET) issued an update on its FY 2026 earnings guidance on Thursday morning. The company provided earnings per share (EPS) guidance of 3.700-4.700 for the period, compared to the consensus estimate of 4.550. The company issued revenue guidance of $4.8 billion-$4.9 billion, compared to the consensus revenue estimate of $1.2 billion.

TriNet Group Trading Down 12.1%

Shares of NYSE:TNET opened at $45.22 on Thursday. The company has a quick ratio of 1.11, a current ratio of 1.11 and a debt-to-equity ratio of 8.14. TriNet Group has a 52-week low of $44.40 and a 52-week high of $93.79. The stock has a market cap of $2.17 billion, a price-to-earnings ratio of 16.69 and a beta of 0.81. The business has a 50-day moving average price of $59.13 and a 200-day moving average price of $62.18.

TriNet Group (NYSE:TNET) last issued its quarterly earnings results on Thursday, February 12th. The business services provider reported $0.46 earnings per share for the quarter, topping the consensus estimate of $0.37 by $0.09. TriNet Group had a net margin of 2.64% and a return on equity of 212.38%. The company had revenue of $1.25 billion for the quarter, compared to the consensus estimate of $251.57 million. TriNet Group has set its FY 2026 guidance at 3.700-4.700 EPS. Equities analysts predict that TriNet Group will post 3.04 EPS for the current year.

TriNet Group Announces Dividend

The business also recently disclosed a quarterly dividend, which was paid on Monday, January 26th. Stockholders of record on Friday, January 2nd were issued a $0.275 dividend. This represents a $1.10 annualized dividend and a dividend yield of 2.4%. The ex-dividend date of this dividend was Friday, January 2nd. TriNet Group’s payout ratio is 40.59%.

Analyst Upgrades and Downgrades

Several brokerages recently weighed in on TNET. Truist Financial began coverage on TriNet Group in a research report on Friday, December 5th. They set a “hold” rating and a $62.00 price target for the company. JPMorgan Chase & Co. dropped their price objective on shares of TriNet Group from $75.00 to $65.00 and set an “underweight” rating on the stock in a research note on Thursday, October 30th. TD Cowen decreased their target price on shares of TriNet Group from $65.00 to $64.00 and set a “hold” rating for the company in a research note on Thursday, January 8th. UBS Group lowered their price target on shares of TriNet Group from $69.00 to $63.00 and set a “neutral” rating on the stock in a report on Thursday, October 30th. Finally, Zacks Research cut shares of TriNet Group from a “strong-buy” rating to a “hold” rating in a report on Monday, December 29th. Five investment analysts have rated the stock with a Hold rating and two have issued a Sell rating to the stock. Based on data from MarketBeat, the company presently has a consensus rating of “Reduce” and an average target price of $63.50.

Insider Buying and Selling at TriNet Group

In other news, SVP Sidney A. Majalya sold 775 shares of TriNet Group stock in a transaction dated Friday, January 9th. The shares were sold at an average price of $61.86, for a total value of $47,941.50. Following the sale, the senior vice president owned 19,853 shares in the company, valued at $1,228,106.58. This trade represents a 3.76% decrease in their ownership of the stock. The sale was disclosed in a document filed with the Securities & Exchange Commission, which is available through this link. Also, CTO Jeffery Jon Hayward sold 1,437 shares of the business’s stock in a transaction dated Tuesday, November 25th. The stock was sold at an average price of $57.51, for a total transaction of $82,641.87. Following the sale, the chief technology officer directly owned 27,922 shares of the company’s stock, valued at $1,605,794.22. This represents a 4.89% decrease in their position. Additional details regarding this sale are available in the official SEC disclosure. Insiders have sold a total of 2,798 shares of company stock valued at $162,593 over the last ninety days. Corporate insiders own 38.10% of the company’s stock.

Institutional Trading of TriNet Group

A number of institutional investors have recently made changes to their positions in TNET. Quarry LP increased its position in shares of TriNet Group by 524.7% during the third quarter. Quarry LP now owns 456 shares of the business services provider’s stock worth $31,000 after purchasing an additional 383 shares in the last quarter. CIBC Bancorp USA Inc. purchased a new position in TriNet Group in the 3rd quarter valued at $213,000. Curi Capital LLC acquired a new stake in TriNet Group during the 2nd quarter worth $243,000. State of Wyoming boosted its stake in TriNet Group by 147.8% during the 2nd quarter. State of Wyoming now owns 3,353 shares of the business services provider’s stock worth $245,000 after purchasing an additional 2,000 shares during the last quarter. Finally, Franklin Resources Inc. grew its holdings in shares of TriNet Group by 14.3% during the third quarter. Franklin Resources Inc. now owns 3,932 shares of the business services provider’s stock worth $263,000 after buying an additional 491 shares in the last quarter. 96.81% of the stock is owned by institutional investors and hedge funds.

TriNet Group Company Profile

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.