Inceptionr LLC Purchases 5,834 Shares of Popular, Inc. $BPOP

Inceptionr LLC raised its position in Popular, Inc. (NASDAQ:BPOP) by 319.8% in the 1st quarter, according to the company in its most recent filing with the Securities & Exchange Commission. The institutional investor owned 7,658 shares of the bank’s stock after acquiring an additional 5,834 shares during the period. Inceptionr LLC’s holdings in Popular were worth $1,027,000 as of its most recent SEC filing.

Other hedge funds also recently modified their holdings of the company. Sei Investments Co. grew its holdings in shares of Popular by 24.9% during the 1st quarter. Sei Investments Co. now owns 556,630 shares of the bank’s stock worth $74,684,000 after purchasing an additional 110,887 shares in the last quarter. State of Wyoming bought a new stake in shares of Popular during the first quarter valued at approximately $416,000. Parallel Advisors LLC raised its stake in shares of Popular by 30.5% in the first quarter. Parallel Advisors LLC now owns 321 shares of the bank’s stock valued at $43,000 after purchasing an additional 75 shares in the last quarter. California Public Employees Retirement System raised its stake in shares of Popular by 10.3% in the first quarter. California Public Employees Retirement System now owns 151,499 shares of the bank’s stock valued at $20,327,000 after purchasing an additional 14,157 shares in the last quarter. Finally, Kera Capital Partners Inc. lifted its position in Popular by 11.8% in the first quarter. Kera Capital Partners Inc. now owns 2,472 shares of the bank’s stock worth $332,000 after purchasing an additional 260 shares during the period. Institutional investors own 87.27% of the company’s stock.

Analysts Set New Price Targets

BPOP has been the topic of a number of recent research reports. Benchmark lifted their price target on shares of Popular from $201.00 to $214.00 and gave the stock a “buy” rating in a research note on Friday. Weiss Ratings upgraded shares of Popular from a “buy (b+)” rating to a “buy (a-)” rating in a research note on Monday, May 4th. Truist Financial increased their price objective on shares of Popular from $192.00 to $197.00 and gave the company a “buy” rating in a research note on Friday. Wells Fargo & Company raised their price objective on shares of Popular from $165.00 to $180.00 and gave the stock an “overweight” rating in a report on Monday, July 6th. Finally, UBS Group lifted their target price on shares of Popular from $160.00 to $170.00 and gave the company a “buy” rating in a research report on Friday, April 24th. One equities research analyst has rated the stock with a Strong Buy rating, eleven have given a Buy rating and one has given a Hold rating to the company. According to MarketBeat.com, the company currently has a consensus rating of “Buy” and an average target price of $184.42.

Popular Price Performance

Shares of BPOP stock opened at $171.73 on Friday. The stock’s fifty day simple moving average is $160.90 and its 200 day simple moving average is $146.05. Popular, Inc. has a one year low of $108.74 and a one year high of $175.12. The firm has a market cap of $11.08 billion, a price-to-earnings ratio of 11.60, a P/E/G ratio of 0.92 and a beta of 0.61.

Popular (NASDAQ:BPOP) last issued its quarterly earnings data 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. The company had revenue of $846.92 million during the quarter, compared to analysts’ expectations of $878.41 million. Popular had a return on equity of 15.47% and a net margin of 21.37%.During the same period last year, the business earned $3.09 earnings per share. On average, research analysts anticipate that Popular, Inc. will post 15.05 earnings per share for the current year.

Popular Dividend Announcement

The company also recently announced a quarterly dividend, which was paid on Wednesday, July 1st. Stockholders 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 dividend yield of 1.7%. Popular’s dividend payout ratio is presently 20.27%.

Insider Buying and Selling

In related news, EVP Maria Cristin Gonzalez-Noguera sold 6,200 shares of the stock in a transaction dated Friday, May 1st. The shares were sold at an average price of $148.51, for a total transaction of $920,762.00. Following the completion of the sale, the executive vice president owned 11,255 shares in the company, valued at $1,671,480.05. This trade represents a 35.52% decrease in their position. The sale was disclosed in a document filed with the SEC, which is available through the SEC website. Also, Director Alejandro M. Ballester sold 23,000 shares of Popular 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 transaction, 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 ownership of the stock. Additional details regarding this sale are available in the official SEC disclosure. Insiders sold 29,500 shares of company stock worth $4,415,870 in the last quarter. 2.13% of the stock is owned by corporate insiders.

Popular News Summary

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.