International Assets Investment Management LLC grew its holdings in PayPal Holdings, Inc. (NASDAQ:PYPL – Free Report) by 47.1% in the 3rd quarter, HoldingsChannel.com reports. The fund owned 76,000 shares of the credit services provider’s stock after buying an additional 24,332 shares during the quarter. International Assets Investment Management LLC’s holdings in PayPal were worth $3,992,000 as of its most recent SEC filing.
Other institutional investors have also modified their holdings of the company. Covestor Ltd increased its position in shares of PayPal by 35.8% during the third quarter. Covestor Ltd now owns 3,949 shares of the credit services provider’s stock worth $207,000 after acquiring an additional 1,040 shares during the period. Rakuten Investment Management Inc. boosted its holdings in PayPal by 7.4% in the third quarter. Rakuten Investment Management Inc. now owns 226,620 shares of the credit services provider’s stock valued at $12,213,000 after purchasing an additional 15,668 shares during the period. First Nebraska Trust Co purchased a new position in PayPal in the third quarter valued at $1,690,000. VCI Wealth Management LLC acquired a new position in PayPal during the 3rd quarter worth $1,144,000. Finally, Greenfield Seitz Capital Management LLC acquired a new position in PayPal during the 3rd quarter worth $216,000. Institutional investors and hedge funds own 68.32% of the company’s stock.
PayPal News Summary
Here are the key news stories impacting PayPal this week:
- Positive Sentiment: PayPal raised its 2026 adjusted EPS outlook to about $5.60 after reporting third-quarter results, a supportive signal for earnings expectations. Article: PayPal Is Up 15% in Six Months After a Q3 Beat
- Positive Sentiment: A valuation analysis argues PYPL could be about 13% undervalued, and notes recent share-price momentum, though it also describes quarterly earnings as mixed. Article: PayPal Could Be 13% Undervalued
- Neutral Sentiment: PayPal’s third-quarter basic EPS from continuing operations was $1.26, below $1.31 a year earlier. This signals some earnings pressure, but the company’s raised full-year outlook provides a counterpoint. Article: PayPal Could Be 13% Undervalued
- Negative Sentiment: A comparison of analyst forecasts expects PayPal’s normalized EPS to grow 11% from 2025 to 2027, slower than American Express’s projected 31% growth. That relative outlook may limit enthusiasm for PYPL. Article: American Express vs. PayPal Growth Forecasts
- Negative Sentiment: Freedom Broker downgraded PayPal from “strong buy” to “hold,” adding a cautious analyst view. Article: Freedom Broker Rating
Insider Transactions at PayPal
In related news, insider Frank Keller sold 732 shares of the company’s stock in a transaction that occurred on Wednesday, October 28th. The stock was sold at an average price of $55.37, for a total value of $40,530.84. Following the completion of the transaction, the insider directly owned 41,567 shares of the company’s stock, valued at $2,301,564.79. This represents a 1.73% decrease in their ownership of the stock. The sale was disclosed in a document filed with the SEC, which is available through this hyperlink. The transaction was executed under a pre-arranged Rule 10b5-1 trading plan. Also, insider Suzan Kereere sold 3,379 shares of the stock in a transaction that occurred on Thursday, September 3rd. The shares were sold at an average price of $55.72, for a total transaction of $188,277.88. Following the completion of the transaction, the insider owned 30,983 shares in the company, valued at $1,726,372.76. This represents a 9.83% decrease in their ownership of the stock. The disclosure for this sale is available in the SEC filing. The transaction was executed under a pre-arranged Rule 10b5-1 trading plan. In the last 90 days, insiders have sold 13,437 shares of company stock valued at $768,417. Corporate insiders own 0.63% of the company’s stock.
PayPal Stock Performance
NASDAQ:PYPL opened at $59.24 on Friday. PayPal Holdings, Inc. has a 12 month low of $38.46 and a 12 month high of $67.99. The company has a debt-to-equity ratio of 0.56, a current ratio of 1.26 and a quick ratio of 1.26. The firm has a market capitalization of $49.21 billion, a PE ratio of 11.31, a price-to-earnings-growth ratio of 1.23 and a beta of 1.33. The business’s fifty day moving average price is $55.10 and its 200 day moving average price is $50.10.
PayPal (NASDAQ:PYPL – Get Free Report) last announced its quarterly earnings results on Tuesday, October 27th. The credit services provider reported $1.45 earnings per share (EPS) for the quarter, topping analysts’ consensus estimates of $1.31 by $0.14. The company had revenue of $8.58 billion during the quarter, compared to the consensus estimate of $8.71 billion. PayPal had a return on equity of 24.39% and a net margin of 13.78%. PayPal’s revenue for the quarter was up 2.0% on a year-over-year basis. During the same period in the previous year, the business earned $1.34 EPS. On average, sell-side analysts anticipate that PayPal Holdings, Inc. will post 5.59 earnings per share for the current fiscal year.
PayPal Dividend Announcement
The firm also recently announced a quarterly dividend, which will be paid on Thursday, December 24th. Stockholders of record on Friday, December 4th will be given a dividend of $0.14 per share. This represents a $0.56 annualized dividend and a dividend yield of 0.9%. The ex-dividend date of this dividend is Friday, December 4th. PayPal’s dividend payout ratio (DPR) is 10.69%.
Analysts Set New Price Targets
Several equities research analysts have weighed in on the company. UBS Group cut their price target on PayPal from $61.00 to $60.00 and set a “neutral” rating on the stock in a report on Wednesday, October 28th. BMO Capital Markets increased their price target on PayPal from $56.00 to $59.00 and gave the company a “market perform” rating in a research report on Wednesday, October 28th. BTIG Research reiterated a “neutral” rating on shares of PayPal in a research note on Tuesday, October 27th. Cantor Fitzgerald lifted their price objective on PayPal from $54.00 to $60.00 and gave the company a “neutral” rating in a research note on Monday, August 3rd. Finally, Piper Sandler boosted their price objective on PayPal from $42.00 to $59.00 and gave the stock a “neutral” rating in a research report on Monday, August 17th. Eight research analysts have rated the stock with a Buy rating, thirty-two have assigned a Hold rating and six have issued a Sell rating to the company. Based on data from MarketBeat, the stock presently has a consensus rating of “Hold” and a consensus target price of $55.94.
Check Out Our Latest Analysis on PayPal
About PayPal
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Want to see what other hedge funds are holding PYPL? Visit HoldingsChannel.com to get the latest 13F filings and insider trades for PayPal Holdings, Inc. (NASDAQ:PYPL – Free Report).
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