Grandfield & Dodd LLC boosted its position in PayPal Holdings, Inc. (NASDAQ:PYPL – Free Report) by 1.1% during the second quarter, HoldingsChannel.com reports. The institutional investor owned 391,560 shares of the credit services provider’s stock after buying an additional 4,074 shares during the period. PayPal makes up approximately 1.7% of Grandfield & Dodd LLC’s portfolio, making the stock its 21st largest holding. Grandfield & Dodd LLC’s holdings in PayPal were worth $29,101,000 as of its most recent filing with the Securities and Exchange Commission (SEC).
Other large investors also recently bought and sold shares of the company. Vanguard Group Inc. increased its stake in shares of PayPal by 0.3% during the first quarter. Vanguard Group Inc. now owns 86,221,849 shares of the credit services provider’s stock worth $5,625,976,000 after acquiring an additional 276,339 shares during the period. Deutsche Bank AG boosted its holdings in PayPal by 19.1% in the 1st quarter. Deutsche Bank AG now owns 11,238,218 shares of the credit services provider’s stock valued at $733,294,000 after purchasing an additional 1,798,330 shares in the last quarter. Invesco Ltd. increased its position in PayPal by 14.9% during the 1st quarter. Invesco Ltd. now owns 9,516,070 shares of the credit services provider’s stock worth $620,924,000 after purchasing an additional 1,232,155 shares during the period. Goldman Sachs Group Inc. raised its stake in shares of PayPal by 44.6% during the 1st quarter. Goldman Sachs Group Inc. now owns 8,559,376 shares of the credit services provider’s stock worth $558,499,000 after buying an additional 2,638,815 shares in the last quarter. Finally, Nuveen LLC acquired a new stake in shares of PayPal in the 1st quarter valued at approximately $529,264,000. Hedge funds and other institutional investors own 68.32% of the company’s stock.
Analysts Set New Price Targets
A number of research analysts recently weighed in on PYPL shares. UBS Group upped their price objective on PayPal from $75.00 to $80.00 and gave the stock a “neutral” rating in a report on Wednesday, October 29th. Mizuho set a $84.00 target price on shares of PayPal in a research report on Thursday, October 30th. BNP Paribas Exane increased their price target on shares of PayPal from $69.00 to $71.00 and gave the company a “neutral” rating in a report on Wednesday, October 29th. Weiss Ratings reiterated a “hold (c)” rating on shares of PayPal in a research note on Wednesday, October 8th. Finally, Citigroup raised shares of PayPal to a “hold” rating in a report on Thursday, October 23rd. Fifteen investment analysts have rated the stock with a Buy rating, seventeen have given a Hold rating and four have issued a Sell rating to the company’s stock. According to MarketBeat, PayPal has an average rating of “Hold” and a consensus price target of $82.94.
PayPal Stock Down 2.8%
PYPL stock opened at $65.33 on Friday. The company has a debt-to-equity ratio of 0.56, a current ratio of 1.34 and a quick ratio of 1.34. The company’s 50 day simple moving average is $68.54 and its 200-day simple moving average is $70.39. PayPal Holdings, Inc. has a 12 month low of $55.85 and a 12 month high of $93.66. The firm has a market capitalization of $61.13 billion, a PE ratio of 13.09, a P/E/G ratio of 0.99 and a beta of 1.45.
PayPal (NASDAQ:PYPL – Get Free Report) last posted its earnings results on Tuesday, October 28th. The credit services provider reported $1.34 earnings per share (EPS) for the quarter, beating analysts’ consensus estimates of $1.20 by $0.14. The firm had revenue of $8.42 billion for the quarter, compared to analyst estimates of $8.21 billion. PayPal had a return on equity of 25.64% and a net margin of 14.96%.PayPal’s revenue was up 7.3% on a year-over-year basis. During the same quarter in the prior year, the company earned $1.20 EPS. PayPal has set its Q4 2025 guidance at 1.270-1.310 EPS. FY 2025 guidance at 5.350-5.390 EPS. Equities analysts expect that PayPal Holdings, Inc. will post 5.03 earnings per share for the current fiscal year.
PayPal Announces Dividend
The company also recently announced a quarterly dividend, which will be paid on Wednesday, December 10th. Shareholders of record on Wednesday, November 19th will be issued a $0.14 dividend. This represents a $0.56 dividend on an annualized basis and a yield of 0.9%. The ex-dividend date is Wednesday, November 19th.
Insider Activity
In other news, EVP Aaron Webster sold 9,282 shares of PayPal stock in a transaction dated Monday, November 10th. The shares were sold at an average price of $66.29, for a total transaction of $615,303.78. Following the completion of the sale, the executive vice president directly owned 35,699 shares in the company, valued at $2,366,486.71. The trade was a 20.64% decrease in their ownership of the stock. The sale was disclosed in a filing with the SEC, which is available through the SEC website. Also, CAO Chris Natali sold 1,374 shares of the business’s stock in a transaction that occurred on Thursday, October 30th. The shares were sold at an average price of $69.13, for a total transaction of $94,984.62. Additional details regarding this sale are available in the official SEC disclosure. Insiders sold 36,156 shares of company stock valued at $2,472,271 over the last quarter. 0.08% of the stock is currently owned by company insiders.
PayPal Company Profile
PayPal Holdings, Inc operates a technology platform that enables digital payments on behalf of merchants and consumers worldwide. It operates a two-sided network at scale that connects merchants and consumers that enables its customers to connect, transact, and send and receive payments through online and in person, as well as transfer and withdraw funds using various funding sources, such as bank accounts, PayPal or Venmo account balance, PayPal and Venmo branded credit products comprising its installment products, credit and debit cards, and cryptocurrencies, as well as other stored value products, including gift cards and eligible rewards.
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