Popular (NASDAQ:BPOP) Hits New 1-Year High – Time to Buy?

Popular, Inc. (NASDAQ:BPOP) shares reached a new 52-week high on Wednesday . The stock traded as high as $174.79 and last traded at $174.1110, with a volume of 284875 shares traded. The stock had previously closed at $172.27.

More Popular News

Here are the key news stories impacting Popular this week:

• Positive Sentiment: Popular reported Q2 2026 earnings of $4.35 per share, beating analyst expectations by $0.66, with net income up 13% year over year and earnings call commentary pointing to robust momentum. Popular Inc Earnings Call Highlights Robust Momentum
• Positive Sentiment: The company also announced capital actions, including a higher quarterly dividend and a new share buyback program, which should support capital returns to shareholders. Popular Boosts Dividend and Launches New Buyback Program
• Positive Sentiment: Popular also unveiled a broader capital plan and leadership transition, signaling confidence in its balance sheet and long-term strategy. Popular unveils capital plan and leadership transition
• Positive Sentiment: Revenue for the quarter came in at $846.9 million, above the year-ago level, and the bank’s profitability metrics remained solid, reinforcing the earnings beat. Popular (BPOP) Surpasses Q2 Earnings and Revenue Estimates
• Neutral Sentiment: Management changes, including CEO Javier D. Ferrer’s planned retirement, may be seen as a transition point, but there was no indication of operational disruption. Popular Announces CEO Retirement and Leadership Transition

Analyst Upgrades and Downgrades

A number of brokerages have recently issued reports on BPOP. Piper Sandler boosted their price objective on shares of Popular from $173.00 to $190.00 and gave the company an “overweight” rating in a research report on Friday, June 26th. Barclays set a $190.00 target price on Popular in a report on Friday. Citigroup lifted their target price on Popular from $178.00 to $188.00 and gave the company a “buy” rating in a research report on Thursday, June 25th. Benchmark boosted their price target on Popular from $201.00 to $214.00 and gave the company a “buy” rating in a report on Friday. Finally, UBS Group upped their price target on Popular from $160.00 to $170.00 and gave the stock a “buy” rating in a research report on Friday, April 24th. One research analyst has rated the stock with a Strong Buy rating, eleven have given a Buy rating and one has issued a Hold rating to the stock. According to MarketBeat, the company presently has an average rating of “Buy” and an average target price of $179.33.

Popular Stock Down 1.7%

The firm has a market cap of $11.03 billion, a PE ratio of 12.62, a P/E/G ratio of 0.94 and a beta of 0.61. The firm’s fifty day simple moving average is $160.35 and its two-hundred day simple moving average is $145.87.

Popular (NASDAQ:BPOP) last announced its quarterly earnings data on Thursday, July 23rd. The bank reported $4.35 earnings per share (EPS) for the quarter, topping analysts’ consensus estimates of $3.69 by $0.66. The firm had revenue of $846.92 million during the quarter, compared to analysts’ expectations of $865.61 million. Popular had a net margin of 20.10% and a return on equity of 14.53%. During the same period in the prior year, the company posted $3.09 earnings per share. As a group, analysts anticipate that Popular, Inc. will post 15.05 earnings per share for the current fiscal year.

Popular Announces Dividend

The company also recently announced a quarterly dividend, which was paid on Wednesday, July 1st. Investors of record on Friday, May 29th were issued a $0.75 dividend. The ex-dividend date of this dividend was Friday, May 29th. This represents a $3.00 annualized dividend and a yield of 1.8%. Popular’s dividend payout ratio is currently 22.16%.

Insiders Place Their Bets

In other news, EVP Maria Cristin Gonzalez-Noguera sold 6,200 shares of the business’s stock in a transaction dated Friday, May 1st. The stock was sold at an average price of $148.51, for a total value of $920,762.00. Following the transaction, the executive vice president directly owned 11,255 shares in the company, valued at $1,671,480.05. The trade was a 35.52% decrease in their ownership of the stock. The sale was disclosed in a legal filing with the Securities & Exchange Commission, which is available at this hyperlink. Also, Director Alejandro M. Sanchez sold 300 shares of the company’s stock in a transaction dated Friday, May 22nd. The stock was sold at an average price of $150.36, for a total value of $45,108.00. Following the completion of the transaction, the director directly owned 3,960 shares of the company’s stock, valued at approximately $595,425.60. This trade represents a 7.04% decrease in their position. The disclosure for this sale is available in the SEC filing. In the last quarter, insiders sold 29,500 shares of company stock worth $4,415,870. Corporate insiders own 2.13% of the company’s stock.

Institutional Trading of Popular

Several institutional investors and hedge funds have recently added to or reduced their stakes in BPOP. Royal Bank of Canada grew its holdings in Popular by 23.1% during the 1st quarter. Royal Bank of Canada now owns 94,352 shares of the bank’s stock valued at $8,715,000 after buying an additional 17,729 shares in the last quarter. Dynamic Technology Lab Private Ltd purchased a new position in shares of Popular in the first quarter worth $257,000. Goldman Sachs Group Inc. lifted its holdings in shares of Popular by 60.6% in the first quarter. Goldman Sachs Group Inc. now owns 223,530 shares of the bank’s stock worth $20,647,000 after buying an additional 84,327 shares in the last quarter. Focus Partners Wealth bought a new position in shares of Popular during the first quarter worth $207,000. Finally, Sivia Capital Partners LLC bought a new position in shares of Popular during the second quarter worth $252,000. Institutional investors own 87.27% of the company’s stock.

Popular Company Profile

Popular, Inc, headquartered in San Juan, Puerto Rico, is a financial holding company and a leading provider of banking services in the United States mainland and Puerto Rico. Through its primary subsidiaries—Banco Popular de Puerto Rico and Popular Bank—the company delivers comprehensive commercial and consumer banking solutions. It offers deposit products, lending facilities, cash management services and payment-processing solutions designed for individuals, small businesses and large corporations.

The company’s product suite encompasses checking and savings accounts, certificates of deposit, residential and commercial mortgage loans, business lines of credit and credit cards.