3,100 Shares in Popular, Inc. $BPOP Acquired by State of Wyoming

State of Wyoming bought a new position in shares of Popular, Inc. (NASDAQ:BPOP) in the first quarter, according to the company in its most recent disclosure with the Securities & Exchange Commission. The institutional investor bought 3,100 shares of the bank’s stock, valued at approximately $416,000.

Other hedge funds and other institutional investors also recently added to or reduced their stakes in the company. Royal Bank of Canada raised its position in shares of Popular by 23.1% in the first quarter. Royal Bank of Canada now owns 94,352 shares of the bank’s stock valued at $8,715,000 after purchasing an additional 17,729 shares during the period. Dynamic Technology Lab Private Ltd bought a new stake in shares of Popular during the 1st quarter worth $257,000. Goldman Sachs Group Inc. boosted its holdings in shares of Popular by 60.6% during the 1st 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 during the period. Focus Partners Wealth acquired a new position in Popular in the 1st quarter valued at $207,000. Finally, Sivia Capital Partners LLC acquired a new position in Popular in the 2nd quarter valued at $252,000. Institutional investors and hedge funds own 87.27% of the company’s stock.

Analyst Upgrades and Downgrades

Several research analysts recently commented on BPOP shares. Keefe, Bruyette & Woods lifted their target price on shares of Popular from $190.00 to $207.00 and gave the stock an “outperform” rating in a report on Friday. UBS Group upped their price target on shares of Popular from $160.00 to $170.00 and gave the company a “buy” rating in a report on Friday, April 24th. Piper Sandler reiterated an “overweight” rating and issued a $198.00 price objective (up from $190.00) on shares of Popular in a research note on Friday. Zacks Research cut Popular from a “strong-buy” rating to a “hold” rating in a research report on Monday, April 6th. Finally, Wells Fargo & Company boosted their price objective on Popular from $165.00 to $180.00 and gave the stock an “overweight” rating in a research report on Monday, July 6th. One 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 company’s stock. According to MarketBeat.com, Popular presently has an average rating of “Buy” and an average target price of $184.42.

Popular Stock Performance

Shares of BPOP stock opened at $171.73 on Monday. Popular, Inc. has a 1 year low of $108.74 and a 1 year high of $175.12. The firm’s fifty day simple moving average is $160.90 and its 200 day simple moving average is $146.17. The firm has a market capitalization of $11.08 billion, a P/E ratio of 11.60, a price-to-earnings-growth ratio of 0.92 and a beta of 0.61.

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

Popular Announces Dividend

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

Insider Activity

In related news, Director Alejandro M. Sanchez sold 300 shares of the 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 in the company, valued at approximately $595,425.60. This trade represents a 7.04% decrease in their ownership of the stock. The transaction was disclosed in a filing with the Securities & Exchange Commission, which is accessible through this hyperlink. Also, EVP Maria Cristin Gonzalez-Noguera sold 6,200 shares of Popular 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 sale, the executive vice president directly owned 11,255 shares in the company, valued at approximately $1,671,480.05. This trade represents a 35.52% decrease in their ownership of the stock. The SEC filing for this sale provides additional information. Over the last 90 days, insiders sold 29,500 shares of company stock valued at $4,415,870. Insiders own 2.13% of the company’s stock.

Key Headlines Impacting 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

About Popular

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.