Eubel Brady & Suttman Asset Management Inc. grew its holdings in shares of PayPal Holdings, Inc. (NASDAQ:PYPL – Free Report) by 4.2% in the 2nd quarter, Holdings Channel.com reports. The fund owned 459,327 shares of the credit services provider’s stock after purchasing an additional 18,457 shares during the period. PayPal makes up about 4.3% of Eubel Brady & Suttman Asset Management Inc.’s holdings, making the stock its 3rd biggest holding. Eubel Brady & Suttman Asset Management Inc.’s holdings in PayPal were worth $34,137,000 as of its most recent filing with the SEC.
Other large investors have also recently modified their holdings of the company. AQR Capital Management LLC raised its stake in PayPal by 15.8% during the first quarter. AQR Capital Management LLC now owns 3,501,936 shares of the credit services provider’s stock worth $224,001,000 after buying an additional 476,763 shares during the last quarter. Thompson Investment Management Inc. raised its stake in PayPal by 2.8% during the second quarter. Thompson Investment Management Inc. now owns 154,991 shares of the credit services provider’s stock worth $11,519,000 after buying an additional 4,165 shares during the last quarter. Kathmere Capital Management LLC bought a new position in PayPal during the second quarter worth $325,000. Allianz SE raised its stake in PayPal by 281.8% during the first quarter. Allianz SE now owns 30,338 shares of the credit services provider’s stock worth $1,980,000 after buying an additional 22,392 shares during the last quarter. Finally, Nuveen LLC bought a new position in PayPal during the first quarter worth $529,264,000. Institutional investors own 68.32% of the company’s stock.
Insider Activity
In related news, CAO Chris Natali sold 7,102 shares of the business’s stock in a transaction dated Thursday, July 31st. The shares were sold at an average price of $69.35, for a total transaction of $492,523.70. The transaction was disclosed in a legal filing with the SEC, which can be accessed through the SEC website. Also, EVP Diego Scotti sold 3,838 shares of the business’s stock in a transaction dated Thursday, July 31st. The stock was sold at an average price of $69.12, for a total transaction of $265,282.56. Following the transaction, the executive vice president owned 16,989 shares in the company, valued at approximately $1,174,279.68. This trade represents a 18.43% decrease in their ownership of the stock. The SEC filing for this sale provides additional information. Insiders sold 15,102 shares of company stock worth $1,046,607 over the last three months. 0.08% of the stock is currently owned by insiders.
Analysts Set New Price Targets
Get Our Latest Stock Analysis on PYPL
PayPal Stock Up 3.9%
Shares of NASDAQ PYPL opened at $73.02 on Wednesday. The stock has a market capitalization of $69.76 billion, a P/E ratio of 15.60, a P/E/G ratio of 1.09 and a beta of 1.44. The company has a 50-day moving average price of $69.03 and a 200-day moving average price of $70.01. PayPal Holdings, Inc. has a 1 year low of $55.85 and a 1 year high of $93.66. The company has a debt-to-equity ratio of 0.56, a current ratio of 1.33 and a quick ratio of 1.33.
PayPal (NASDAQ:PYPL – Get Free Report) last issued its quarterly earnings data 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 during the quarter, compared to analysts’ expectations of $8.21 billion. PayPal had a net margin of 14.49% and a return on equity of 25.35%. The business’s revenue was up 7.3% on a year-over-year basis. During the same period last year, the company earned $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. On average, equities research analysts forecast that PayPal Holdings, Inc. will post 5.03 EPS for the current fiscal year.
PayPal Dividend Announcement
The firm also recently disclosed a quarterly dividend, which will be paid on Wednesday, December 10th. Stockholders of record on Wednesday, November 19th will be issued 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.
PayPal 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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