PayPal Holdings, Inc. $PYPL Shares Bought by Linscomb Wealth Inc.

Linscomb Wealth Inc. grew its holdings in PayPal Holdings, Inc. (NASDAQ:PYPL) by 10.1% during the 2nd quarter, according to the company in its most recent 13F filing with the Securities & Exchange Commission. The fund owned 35,027 shares of the credit services provider’s stock after purchasing an additional 3,214 shares during the period. Linscomb Wealth Inc.’s holdings in PayPal were worth $2,603,000 as of its most recent filing with the Securities & Exchange Commission.

Other large investors have also modified their holdings of the company. Evermay Wealth Management LLC increased its holdings in PayPal by 726.0% during the 1st quarter. Evermay Wealth Management LLC now owns 413 shares of the credit services provider’s stock worth $27,000 after purchasing an additional 363 shares during the period. Hilltop National Bank purchased a new position in shares of PayPal in the 2nd quarter valued at about $27,000. Gordian Capital Singapore Pte Ltd boosted its position in shares of PayPal by 41.2% in the 1st quarter. Gordian Capital Singapore Pte Ltd now owns 473 shares of the credit services provider’s stock valued at $31,000 after purchasing an additional 138 shares during the period. Cornerstone Planning Group LLC boosted its position in shares of PayPal by 41.7% in the 1st quarter. Cornerstone Planning Group LLC now owns 666 shares of the credit services provider’s stock valued at $42,000 after purchasing an additional 196 shares during the period. Finally, American National Bank & Trust boosted its position in shares of PayPal by 52.5% in the 2nd quarter. American National Bank & Trust now owns 610 shares of the credit services provider’s stock valued at $45,000 after purchasing an additional 210 shares during the period. Institutional investors and hedge funds own 68.32% of the company’s stock.

PayPal Stock Up 2.0%

NASDAQ:PYPL opened at $69.27 on Friday. The firm has a market capitalization of $64.81 billion, a PE ratio of 13.88, a price-to-earnings-growth ratio of 1.00 and a beta of 1.44. The stock has a 50 day moving average of $69.06 and a 200-day moving average of $70.09. PayPal Holdings, Inc. has a 52 week low of $55.85 and a 52 week high of $93.66. The company has a current ratio of 1.34, a quick ratio of 1.33 and a debt-to-equity ratio of 0.56.

PayPal (NASDAQ:PYPL) last issued its quarterly earnings data on Tuesday, October 28th. The credit services provider reported $1.34 earnings per share (EPS) for the quarter, topping the consensus estimate of $1.20 by $0.14. The business had revenue of $8.42 billion during the quarter, compared to the consensus estimate of $8.21 billion. PayPal had a return on equity of 25.64% and a net margin of 14.96%.The business’s revenue was up 7.3% on a year-over-year basis. During the same period in the previous year, the firm posted $1.20 earnings per share. PayPal has set its Q4 2025 guidance at 1.270-1.310 EPS. FY 2025 guidance at 5.350-5.390 EPS. Analysts predict that PayPal Holdings, Inc. will post 5.03 EPS for the current year.

PayPal Dividend Announcement

The business also recently disclosed a quarterly dividend, which will be paid on Wednesday, December 10th. Stockholders of record on Wednesday, November 19th will be given a dividend of $0.14 per share. This represents a $0.56 dividend on an annualized basis and a dividend yield of 0.8%. The ex-dividend date is Wednesday, November 19th.

Insider Buying and Selling at PayPal

In other news, insider Suzan Kereere sold 5,000 shares of the company’s stock in a transaction on Thursday, October 30th. The shares were sold at an average price of $69.52, for a total value of $347,600.00. Following the transaction, the insider directly owned 43,483 shares of the company’s stock, valued at approximately $3,022,938.16. This represents a 10.31% decrease in their ownership of the stock. The transaction was disclosed in a legal filing with the SEC, which can be accessed through this link. Also, EVP Diego Scotti sold 3,838 shares of the company’s stock in a transaction dated Thursday, October 30th. The shares were sold at an average price of $68.97, for a total transaction of $264,706.86. Following the sale, the executive vice president owned 16,989 shares of the company’s stock, valued at $1,171,731.33. This trade represents a 18.43% decrease in their ownership of the stock. The disclosure for this sale is available in the SEC filing. Insiders have sold a total of 14,374 shares of company stock valued at $996,093 in the last three months. 0.08% of the stock is currently owned by company insiders.

Analyst Ratings Changes

A number of analysts have weighed in on the company. Seaport Res Ptn raised PayPal from a “strong sell” rating to a “hold” rating in a research report on Monday, July 14th. Morgan Stanley reissued a “negative” rating on shares of PayPal in a research report on Wednesday. Barclays restated an “overweight” rating on shares of PayPal in a report on Tuesday, July 29th. Piper Sandler set a $74.00 price objective on PayPal in a report on Tuesday, July 29th. Finally, Wells Fargo & Company upgraded PayPal to a “hold” rating in a report on Wednesday, October 22nd. Fifteen equities research analysts have rated the stock with a Buy rating, sixteen have given a Hold rating and four have given a Sell rating to the company. Based on data from MarketBeat.com, the company presently has a consensus rating of “Hold” and a consensus price target of $83.10.

About PayPal

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.