Popular (NASDAQ:BPOP) Price Target Raised to $214.00

Popular (NASDAQ:BPOP) had its target price increased by Benchmark from $201.00 to $214.00 in a report issued on Friday morning, MarketBeat reports. Benchmark currently has a buy rating on the bank’s stock.

A number of other equities analysts also recently weighed in on the company. UBS Group boosted 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. Barclays raised their price objective on Popular from $185.00 to $190.00 and gave the company an “overweight” rating in a research report on Friday. Truist Financial lifted their target price on Popular from $172.00 to $192.00 and gave the stock a “buy” rating in a research note on Monday, July 13th. Keefe, Bruyette & Woods boosted their target price on Popular from $155.00 to $177.00 and gave the stock an “outperform” rating in a report on Friday, April 24th. Finally, Citigroup increased their price target on Popular from $178.00 to $188.00 and gave the company a “buy” rating in a research note on Thursday, June 25th. One equities research analyst has rated the stock with a Strong Buy rating, eleven have issued a Buy rating and one has assigned a Hold rating to the stock. Based on data from MarketBeat.com, the stock has an average rating of “Buy” and a consensus target price of $184.42.

Popular Price Performance

Shares of BPOP opened at $171.73 on Friday. The company has a market cap of $11.08 billion, a PE ratio of 11.60, a price-to-earnings-growth ratio of 0.92 and a beta of 0.61. The firm has a 50-day moving average of $160.90 and a 200-day moving average of $146.17. Popular has a one year low of $108.74 and a one year high of $175.12.

Popular (NASDAQ:BPOP) last issued its earnings results on Thursday, July 23rd. The bank reported $4.35 earnings per share (EPS) for the quarter, beating analysts’ consensus estimates of $3.72 by $0.63. Popular had a net margin of 21.37% and a return on equity of 15.47%. The company had revenue of $846.92 million for the quarter, compared to analysts’ expectations of $878.41 million. During the same period in the prior year, the firm earned $3.09 EPS. Analysts expect that Popular will post 15.2 earnings per share for the current year.

Popular Dividend Announcement

The firm also recently announced a quarterly dividend, which was paid on Wednesday, July 1st. Stockholders of record on Friday, May 29th were given a $0.75 dividend. This represents a $3.00 dividend on an annualized basis and a dividend yield of 1.7%. The ex-dividend date of this dividend was Friday, May 29th. Popular’s payout ratio is presently 20.27%.

Insider Buying and Selling

In other Popular news, Director Alejandro M. Sanchez sold 300 shares of the business’s stock in a transaction dated Friday, May 22nd. The shares were sold at an average price of $150.36, for a total value of $45,108.00. Following the completion of the sale, the director owned 3,960 shares of the company’s stock, valued at $595,425.60. The trade was a 7.04% decrease in their position. The transaction was disclosed in a document filed with the SEC, which is available at the SEC website. Also, Director Alejandro M. Ballester sold 23,000 shares of the business’s stock in a transaction dated Thursday, April 30th. The shares were sold at an average price of $150.00, for a total transaction of $3,450,000.00. Following the completion of the sale, the director directly owned 34,588 shares of the company’s stock, valued at $5,188,200. This represents a 39.94% decrease in their position. Additional details regarding this sale are available in the official SEC disclosure. Over the last three months, insiders have sold 29,500 shares of company stock valued at $4,415,870. 2.13% of the stock is owned by company insiders.

Institutional Investors Weigh In On Popular

A number of hedge funds and other institutional investors have recently made changes to their positions in the business. Insight Wealth Strategies LLC bought a new stake in shares of Popular in the second quarter valued at approximately $6,914,000. Assenagon Asset Management S.A. increased its stake in Popular by 108.3% during the 2nd quarter. Assenagon Asset Management S.A. now owns 149,094 shares of the bank’s stock worth $24,478,000 after acquiring an additional 77,507 shares during the period. Versant Capital Management Inc increased its stake in Popular by 6.2% during the 2nd quarter. Versant Capital Management Inc now owns 2,240 shares of the bank’s stock worth $368,000 after acquiring an additional 130 shares during the period. Parallel Advisors LLC raised its holdings in Popular by 30.5% in the 1st quarter. Parallel Advisors LLC now owns 321 shares of the bank’s stock valued at $43,000 after acquiring an additional 75 shares in the last quarter. Finally, Bank of America Corp DE raised its holdings in Popular by 8.2% in the 1st quarter. Bank of America Corp DE now owns 465,720 shares of the bank’s stock valued at $62,486,000 after acquiring an additional 35,226 shares in the last quarter. 87.27% of the stock is currently owned by institutional investors and hedge funds.

Trending Headlines about Popular

Here are the key news stories impacting Popular this week:

• Positive Sentiment: Popular beat Q2 EPS estimates, with stronger net interest income, fee income, and loan/deposit growth, while lower expenses supported profitability; management also planned a 20% dividend increase. Popular Q2 Earnings Beat on NII & Fee Income, Dividend Hike Planned
• Positive Sentiment: Several brokerages raised price targets after the earnings release, including Benchmark to $214, KBW to $207, and Truist to $197, signaling upgraded confidence in the bank’s outlook.
• Positive Sentiment: Other post-earnings coverage highlighted robust operating momentum and strong financial performance, reinforcing the view that Popular’s core banking trends remain healthy. Popular Inc (BPOP) Q2 2026 Earnings Call Highlights
• Neutral Sentiment: One article noted the stock looks reasonable on earnings but stretched on returns, suggesting the valuation is not cheap despite the improved fundamentals. Popular (BPOP) Stock Looks Reasonable On Earnings But Stretched On Returns
• Neutral Sentiment: The company also announced capital actions and a leadership transition, including CEO retirement plans, which investors may view as a longer-term governance update rather than an immediate earnings driver. Popular unveils capital plan and leadership transition

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.