Guggenheim Capital LLC Increases Stake in PayPal Holdings, Inc. $PYPL

Guggenheim Capital LLC grew its stake in PayPal Holdings, Inc. (NASDAQ:PYPL) by 23.2% during the 2nd quarter, according to the company in its most recent filing with the Securities and Exchange Commission. The institutional investor owned 257,559 shares of the credit services provider’s stock after purchasing an additional 48,507 shares during the period. Guggenheim Capital LLC’s holdings in PayPal were worth $19,142,000 at the end of the most recent quarter.

Other hedge funds and other institutional investors have also made changes to their positions in the company. Norges Bank purchased a new stake in PayPal during the second quarter worth $921,570,000. Nuveen LLC acquired a new position in shares of PayPal in the first quarter worth about $529,264,000. Goldman Sachs Group Inc. boosted 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 acquiring an additional 2,638,815 shares in the last quarter. Deutsche Bank AG boosted its stake in shares of PayPal by 19.1% during the 1st quarter. Deutsche Bank AG now owns 11,238,218 shares of the credit services provider’s stock worth $733,294,000 after acquiring an additional 1,798,330 shares in the last quarter. Finally, Invesco Ltd. grew its position in shares of PayPal by 14.9% during the 1st quarter. Invesco Ltd. now owns 9,516,070 shares of the credit services provider’s stock valued at $620,924,000 after acquiring an additional 1,232,155 shares during the period. Institutional investors and hedge funds own 68.32% of the company’s stock.

PayPal Stock Up 0.8%

Shares of NASDAQ PYPL opened at $61.73 on Friday. The stock has a fifty day moving average price of $66.70 and a 200 day moving average price of $69.58. The company has a current ratio of 1.34, a quick ratio of 1.34 and a debt-to-equity ratio of 0.56. PayPal Holdings, Inc. has a 12-month low of $55.85 and a 12-month high of $93.66. The company has a market cap of $57.76 billion, a P/E ratio of 12.37, a P/E/G ratio of 0.83 and a beta of 1.43.

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

PayPal Announces Dividend

The business also recently declared 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. PayPal’s dividend payout ratio is currently 11.22%.

Wall Street Analysts Forecast Growth

A number of equities analysts recently weighed in on the company. Macquarie upped their price target on PayPal from $95.00 to $100.00 and gave the stock an “outperform” rating in a report on Wednesday, October 29th. Canaccord Genuity Group upped their target price on PayPal from $96.00 to $100.00 and gave the stock a “buy” rating in a research note on Wednesday, October 29th. Needham & Company LLC reiterated a “hold” rating on shares of PayPal in a research report on Tuesday, October 28th. Rothschild & Co Redburn lifted their price target on shares of PayPal from $66.00 to $70.00 and gave the company a “neutral” rating in a research note on Tuesday, September 16th. Finally, KGI Securities cut their price target on shares of PayPal from $85.00 to $80.00 in a report on Monday, November 10th. Fifteen analysts have rated the stock with a Buy rating, nineteen have assigned a Hold rating and four have assigned a Sell rating to the company’s stock. Based on data from MarketBeat, PayPal has a consensus rating of “Hold” and an average price target of $81.67.

Insider Activity

In other news, insider Suzan Kereere sold 4,162 shares of the company’s stock in a transaction on Wednesday, November 19th. The shares were sold at an average price of $59.84, for a total value of $249,054.08. Following the completion of the transaction, the insider directly owned 30,983 shares in the company, valued at approximately $1,854,022.72. This represents a 11.84% decrease in their ownership of the stock. The sale was disclosed in a document filed with the Securities & Exchange Commission, which can be accessed through this link. Also, EVP Aaron Webster sold 9,282 shares of the firm’s stock in a transaction on Monday, November 10th. The shares were sold at an average price of $66.29, for a total transaction of $615,303.78. Following the sale, the executive vice president directly owned 35,699 shares of the company’s stock, valued at approximately $2,366,486.71. The trade was a 20.64% decrease in their ownership of the stock. The disclosure for this sale is available in the SEC filing. Insiders sold 36,156 shares of company stock worth $2,432,524 over the last three months. Insiders own 0.08% of the company’s stock.

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.