Rep. Bruce Westerman Buys SAP SE (NYSE:SAP) Stock

Representative Bruce Westerman (R-Arkansas) recently bought shares of SAP SE NYSE: SAP. In a filing disclosed on April 16th, the Representative disclosed that they had bought between $1,001 and $15,000 in SAP stock on March 20th. The trade occurred in the Representative's "FISHER IRA" account.

Representative Bruce Westerman also recently made the following trade(s):

• Purchased $1,001 - $15,000 in shares of LVMH Moët Hennessy - Louis Vuitton, Société Européenne OTCMKTS: LVMUY on 4/2/2025.
• Purchased $1,001 - $15,000 in shares of Sony Group NYSE: SONY on 3/24/2025.
• Purchased $1,001 - $15,000 in shares of Mitsubishi UFJ Financial Group NYSE: MUFG on 3/21/2025.
• Purchased $1,001 - $15,000 in shares of BP NYSE: BP on 3/21/2025.
• Sold $1,001 - $15,000 in shares of Procter & Gamble NYSE: PG on 3/20/2025.
• Sold $1,001 - $15,000 in shares of Medtronic NYSE: MDT on 3/20/2025.
• Purchased $1,001 - $15,000 in shares of ASML NASDAQ: ASML on 3/20/2025.
• Sold $1,001 - $15,000 in shares of Visa NYSE: V on 3/20/2025.
• Sold $1,001 - $15,000 in shares of Microsoft NASDAQ: MSFT on 3/20/2025.
• Sold $1,001 - $15,000 in shares of Broadcom NASDAQ: AVGO on 3/20/2025.

SAP Trading Up 8.8 %

SAP stock traded up $22.31 during mid-day trading on Wednesday, hitting $274.71. The stock had a trading volume of 1,517,829 shares, compared to its average volume of 1,343,143. The stock has a 50-day simple moving average of $268.83 and a two-hundred day simple moving average of $255.75. The stock has a market capitalization of $337.48 billion, a PE ratio of 95.72, a P/E/G ratio of 4.71 and a beta of 1.28. SAP SE has a 12 month low of $179.15 and a 12 month high of $293.70. The company has a current ratio of 1.12, a quick ratio of 1.10 and a debt-to-equity ratio of 0.16.

SAP (NYSE:SAP - Get Free Report) last released its earnings results on Tuesday, January 28th. The software maker reported $1.49 earnings per share for the quarter, missing the consensus estimate of $1.51 by ($0.02). SAP had a net margin of 9.17% and a return on equity of 12.18%. As a group, sell-side analysts forecast that SAP SE will post 6.55 EPS for the current year.

SAP Increases Dividend

The company also recently declared an annual dividend, which will be paid on Friday, May 23rd. Investors of record on Tuesday, May 13th will be issued a $2.5423 dividend. This is a boost from SAP's previous annual dividend of $2.39. The ex-dividend date is Tuesday, May 13th. This represents a yield of 0.8%. SAP's dividend payout ratio (DPR) is currently 64.11%.

Wall Street Analyst Weigh In

A number of research firms have recently commented on SAP. TD Cowen raised SAP from a "hold" rating to a "buy" rating and raised their price target for the stock from $240.00 to $305.00 in a research report on Friday, January 17th. Barclays raised their price target on SAP from $283.00 to $286.00 and gave the company an "overweight" rating in a research note on Thursday, January 30th. Royal Bank of Canada restated an "outperform" rating and issued a $38.00 price target on shares of SAP in a research note on Thursday, January 30th. JMP Securities raised their price target on SAP from $300.00 to $330.00 and gave the company a "market outperform" rating in a report on Wednesday, January 29th. Finally, BMO Capital Markets increased their price objective on shares of SAP from $300.00 to $320.00 and gave the company an "outperform" rating in a research report on Wednesday. Eight analysts have rated the stock with a buy rating, According to data from MarketBeat, the company presently has a consensus rating of "Buy" and an average price target of $251.00.

Hedge Funds Weigh In On SAP

A number of hedge funds have recently bought and sold shares of SAP. International Assets Investment Management LLC acquired a new stake in SAP during the first quarter worth about $214,000. Bluesphere Advisors LLC bought a new position in SAP during the 1st quarter worth approximately $207,000. E Fund Management Hong Kong Co. Ltd. bought a new position in SAP during the 1st quarter worth approximately $53,000. Oppenheimer & Co. Inc. boosted its position in shares of SAP by 58.8% during the 1st quarter. Oppenheimer & Co. Inc. now owns 1,517 shares of the software maker's stock worth $407,000 after purchasing an additional 562 shares in the last quarter. Finally, Continuum Advisory LLC boosted its position in shares of SAP by 109.6% during the 1st quarter. Continuum Advisory LLC now owns 262 shares of the software maker's stock worth $70,000 after purchasing an additional 137 shares in the last quarter.

About Representative Westerman

Bruce Westerman (Republican Party) is a member of the U.S. House, representing Arkansas' 4th Congressional District. He assumed office on January 3, 2015. His current term ends on January 3, 2027. Westerman (Republican Party) is running for re-election to the U.S. House to represent Arkansas' 4th Congressional District. He declared candidacy for the 2026 election. Westerman earned his BSBAGE in biological and agricultural engineering from the University of Arkansas in 1990 and his MF in forestry from Yale University in 2001. His professional experience includes working as a plant engineer for Riceland Foods and an engineer/forester for Mid-South Engineering Company.

About SAP

SAP SE, together with its subsidiaries, provides applications, technology, and services worldwide. It offers SAP S/4HANA that provides software capabilities for finance, risk and project management, procurement, manufacturing, supply chain and asset management, and research and development; SAP SuccessFactors solutions for human resources, including HR and payroll, talent and employee experience management, and people and workforce analytics; and spend management solutions that covers direct and indirect spend, travel and expense, and external workforce management.