HB Wealth Management LLC Grows Holdings in PayPal Holdings, Inc. $PYPL

HB Wealth Management LLC raised its stake in shares of PayPal Holdings, Inc. (NASDAQ:PYPLFree Report) by 46.9% during the third quarter, according to its most recent filing with the Securities and Exchange Commission (SEC). The fund owned 32,777 shares of the credit services provider’s stock after acquiring an additional 10,469 shares during the quarter. HB Wealth Management LLC’s holdings in PayPal were worth $2,198,000 at the end of the most recent quarter.

A number of other hedge funds have also recently added to or reduced their stakes in the business. Norges Bank acquired a new stake in shares of PayPal during the second quarter worth $921,570,000. Artisan Partners Limited Partnership raised its position in shares of PayPal by 1.6% during the 2nd quarter. Artisan Partners Limited Partnership now owns 11,992,031 shares of the credit services provider’s stock worth $891,248,000 after purchasing an additional 184,014 shares during the period. Invesco Ltd. lifted its holdings in shares of PayPal by 5.5% in the 2nd quarter. Invesco Ltd. now owns 10,038,584 shares of the credit services provider’s stock worth $746,068,000 after purchasing an additional 522,514 shares during the last quarter. Primecap Management Co. CA grew its holdings in PayPal by 9.5% in the 2nd quarter. Primecap Management Co. CA now owns 6,542,450 shares of the credit services provider’s stock worth $486,235,000 after buying an additional 568,640 shares in the last quarter. Finally, Loomis Sayles & Co. L P raised its stake in PayPal by 1.6% during the 2nd quarter. Loomis Sayles & Co. L P now owns 6,522,748 shares of the credit services provider’s stock valued at $484,771,000 after acquiring an additional 103,718 shares in the last quarter. Institutional investors and hedge funds own 68.32% of the company’s stock.

Key PayPal News

Here are the key news stories impacting PayPal this week:

PayPal Trading Down 1.0%

Shares of PYPL opened at $57.66 on Friday. The business’s 50-day moving average price is $61.56 and its 200 day moving average price is $67.40. The company has a current ratio of 1.34, a quick ratio of 1.34 and a debt-to-equity ratio of 0.56. The stock has a market capitalization of $53.95 billion, a P/E ratio of 11.56, a P/E/G ratio of 0.72 and a beta of 1.42. PayPal Holdings, Inc. has a 1-year low of $55.85 and a 1-year high of $93.25.

PayPal (NASDAQ:PYPLGet Free Report) last released its quarterly 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. PayPal had a net margin of 14.96% and a return on equity of 25.64%. The business had revenue of $8.42 billion for the quarter, compared to analyst estimates of $8.21 billion. During the same quarter in the previous year, the business earned $1.20 earnings per share. The firm’s revenue was up 7.3% compared to the same quarter last year. PayPal has set its Q4 2025 guidance at 1.270-1.310 EPS and its FY 2025 guidance at 5.350-5.390 EPS. Analysts expect that PayPal Holdings, Inc. will post 5.03 earnings per share for the current year.

PayPal Announces Dividend

The firm also recently disclosed a quarterly dividend, which was paid on Wednesday, December 10th. Shareholders of record on Wednesday, November 19th were given a dividend of $0.14 per share. The ex-dividend date was Wednesday, November 19th. This represents a $0.56 dividend on an annualized basis and a yield of 1.0%. PayPal’s dividend payout ratio (DPR) is presently 11.22%.

Insiders Place Their Bets

In related news, insider Suzan Kereere sold 12,500 shares of the business’s stock in a transaction that occurred on Monday, November 3rd. The shares were sold at an average price of $68.87, for a total transaction of $860,875.00. Following the transaction, the insider directly owned 30,983 shares of the company’s stock, valued at approximately $2,133,799.21. The trade was a 28.75% decrease in their ownership of the stock. The sale was disclosed in a document filed with the SEC, which is accessible through the SEC website. Also, EVP Aaron Webster sold 9,282 shares of the stock in a transaction that occurred on Monday, November 10th. The stock was 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 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 position. The SEC filing for this sale provides additional information. In the last 90 days, insiders sold 36,156 shares of company stock worth $2,432,524. Insiders own 0.08% of the company’s stock.

Wall Street Analysts Forecast Growth

A number of research analysts have recently commented on PYPL shares. Monness Crespi & Hardt lowered PayPal from a “buy” rating to a “neutral” rating in a report on Monday, January 5th. Jefferies Financial Group reissued a “hold” rating on shares of PayPal in a research note on Wednesday. Keefe, Bruyette & Woods raised their price objective on shares of PayPal from $85.00 to $90.00 and gave the company an “outperform” rating in a research note on Wednesday, October 29th. Wall Street Zen raised PayPal from a “hold” rating to a “buy” rating in a research note on Saturday. Finally, Cowen reaffirmed a “mixed” rating on shares of PayPal in a research note on Wednesday, October 29th. Twelve investment analysts have rated the stock with a Buy rating, twenty-four have assigned a Hold rating and four have assigned a Sell rating to the company. According to MarketBeat.com, PayPal currently has an average rating of “Hold” and an average price target of $77.26.

Check Out Our Latest Stock Report on PayPal

PayPal Company Profile

(Free Report)

PayPal Holdings, Inc operates a global digital payments platform that enables consumers and merchants to send and receive payments online, on mobile devices and at the point of sale. The company provides a broad set of payment solutions, including a digital wallet, merchant payment processing, checkout services, invoicing and fraud-management tools. PayPal’s platform is designed to support e-commerce, in-person retail and person-to-person transfers, targeting both individual consumers and businesses of varying sizes.

Key products and services in PayPal’s portfolio include the PayPal wallet and checkout ecosystem, the Venmo peer-to-peer mobile app, Braintree’s developer-focused payment gateway, Xoom for international money transfers, and PayPal Credit and buy-now-pay-later options.

Featured Articles

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Institutional Ownership by Quarter for PayPal (NASDAQ:PYPL)

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