Epoch Investment Partners Adds $17M in NetApp, Inc. ($NTAP)

Key Points

  • Epoch Investment Partners changed its NetApp, Inc. ($NTAP) stake by 6.51% last quarter, boosting to 1,743,918 shares worth $281.83 million.
  • Wall Street's consensus rating on $NTAP is Buy and an average price target of $187.56.
  • $NTAP last traded around $161.61.

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Epoch Investment Partners increased its position in NetApp, Inc. ($NTAP) by 6.51% during the most recent quarter, according to its most recent Form 13F filing with the Securities and Exchange Commission. The fund owned 1,743,918 shares of NetApp, Inc. after buying 106,589 shares during the quarter. Epoch Investment Partners's holdings in NetApp, Inc. were worth $281.83 million as of its most recent filing.

NetApp, Inc. Stock Down 13.6%

Shares of NetApp, Inc. ($NTAP) traded around $161.61 on Saturday, down 13.6% for the day.

Last price$161.61
Market cap$36.36B
P/E ratio29.13
Forward P/E18.37
PEG ratio2.14
Beta1.43
52-week low$93.69
52-week high$209.06
50-day MA$176.53
200-day MA$129.13
Current ratio1.44
Quick ratio1.21
Debt-to-equity2.02

NetApp, Inc. Earnings

EPS (ttm)$6.36
Revenue (ttm)$6.93B
Revenue growth12.50%
Net margin18.43%
Return on equity106.73%
Next earningsSep 2, 2026

NetApp, Inc. Dividend

Annual dividend$2.08
Dividend yield112%
Payout ratio32.76%
Ex-dividend dateJul 10, 2026

Analysts Set New Price Targets

ConsensusBuy
Average target$187.56
High target$210
Low target$150
Analysts covering16

About NetApp, Inc.

NetApp, Inc. provides a range of enterprise software, systems, and services that customers use to transform their data infrastructures in the United States, Canada, Latin America, Europe, the Middle East, Africa, and the Asia Pacific. It operates through two segments, Hybrid Cloud and Public Cloud. The company offers data management software, such as NetApp ONTAP, ONTAP One, NetApp Snapshot, NetApp SnapCenter Backup Management, NetApp SnapMirror Data Replication, and NetApp SnapLock Data Compliance; and storage infrastructure solutions, including NetApp AFF and ASA A-Series and C-Series, NetApp AFX, NetApp Fabric Attached Storage (FAS), NetApp E/EF series, and NetApp StorageGRID. It also provides cloud storage services comprising Azure NetApp Files, Amazon FSx for NetApp ONTAP, and Google Cloud NetApp Volumes, as well as NetApp Cloud Volumes ONTAP. In addition, the company offers operational services, such as NetApp Data Infrastructure Insights and Instaclustr; and professional and support services include storage-as-a-service (STaaS), strategic consulting, professional, managed, and support services, as well as assessment, design, implementation, migration, and proactive support services to help customers optimize the performance and efficiency of their on-premises and hybrid multicloud storage environments. Further, it offers ransomware protection, data backup and recovery, and disaster recovery. It serves various industries comprising energy, financial services, government, technology, internet, life sciences, healthcare services, manufacturing, media, entertainment, animation, video postproduction, and telecommunications through a direct sales force and an ecosystem of partners, including the cloud providers. The company has a strategic alliance with Commvault Systems, Inc. to develop an integrated solution for enterprise data protection and cyber resilience. NetApp, Inc. was incorporated in 1992 and is headquartered in San Jose, California.

ExchangeNasdaqGS
SectorTechnology
IndustrySoftware - Infrastructure
HeadquartersSan Jose, CA
CEOMr. George Kurian
Employees11,700

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