Popular, Inc. (NASDAQ:BPOP) Receives $155.73 Average Price Target from Analysts

Popular, Inc. (NASDAQ:BPOP) has been given an average rating of “Buy” by the twelve ratings firms that are presently covering the firm, MarketBeat Ratings reports. One equities research analyst has rated the stock with a hold rating, ten have issued a buy rating and one has given a strong buy rating to the company. The average 1 year price objective among brokers that have issued ratings on the stock in the last year is $155.7273.

A number of analysts have recently commented on BPOP shares. Wells Fargo & Company cut their price objective on shares of Popular from $150.00 to $135.00 and set an “overweight” rating on the stock in a research report on Friday, October 24th. Hovde Group boosted their price target on shares of Popular from $153.00 to $176.00 and gave the stock an “outperform” rating in a research report on Wednesday, January 28th. Barclays raised their price objective on Popular from $160.00 to $175.00 and gave the company an “overweight” rating in a report on Wednesday, January 28th. Royal Bank Of Canada upped their target price on Popular from $137.00 to $141.00 and gave the stock an “outperform” rating in a report on Wednesday, January 28th. Finally, UBS Group reissued a “neutral” rating and set a $142.00 price target on shares of Popular in a research report on Wednesday.

Key Stories Impacting Popular

Here are the key news stories impacting Popular this week:

• Positive Sentiment: Zacks upgraded Popular from Hold to Strong Buy and moved BPOP onto its Rank #1 value list—an upgrade that tends to attract value-focused and quant-driven buyers. Read More.
• Positive Sentiment: Independent coverage shows analysts maintaining a Buy consensus on BPOP, reinforcing demand from institutional and retail investors looking for banks with attractive valuations. Read More.
• Positive Sentiment: Market commentary highlights BPOP hitting a 52‑week high and discusses whether the rally can continue—this momentum narrative can draw momentum and breakout buyers. Read More.
• Positive Sentiment: Coverage noting analyst target adjustments and a fair‑value reset is reframing the narrative on BPOP, supporting renewed interest from value and target‑price driven investors. Read More.
• Neutral Sentiment: Zacks published a deeper note weighing BPOP’s appeal to value investors using its rank system—useful analysis but not an immediate catalyst. Read More.
• Neutral Sentiment: A few unrelated headlines that reference the “Popular” name (e.g., an ice‑cream chain Chapter 11 filing) could create short‑term headline noise or confusion but don’t reflect bank fundamentals. Read More.

Insider Buying and Selling

In other Popular news, Director Richard L. Carrion sold 25,000 shares of the company’s stock in a transaction on Monday, November 24th. The shares were sold at an average price of $113.50, for a total transaction of $2,837,500.00. Following the sale, the director directly owned 193,020 shares of the company’s stock, valued at approximately $21,907,770. This represents a 11.47% decrease in their ownership of the stock. The transaction was disclosed in a legal filing with the SEC, which is available through this hyperlink. Also, VP Adorno Denissa Rodriguez sold 1,000 shares of the stock in a transaction on Friday, November 21st. The shares were sold at an average price of $114.84, for a total transaction of $114,840.00. Following the completion of the sale, the vice president owned 2,604 shares of the company’s stock, valued at approximately $299,043.36. This represents a 27.75% decrease in their position. The SEC filing for this sale provides additional information. Over the last three months, insiders have sold 28,360 shares of company stock worth $3,265,040. Insiders own 2.09% of the company’s stock.

Hedge Funds Weigh In On Popular

A number of hedge funds and other institutional investors have recently bought and sold shares of BPOP. Vanguard Group Inc. raised its stake in Popular by 0.4% in the fourth quarter. Vanguard Group Inc. now owns 8,489,936 shares of the bank’s stock valued at $1,057,167,000 after buying an additional 37,424 shares during the period. AQR Capital Management LLC boosted its stake in shares of Popular by 56.2% during the 3rd quarter. AQR Capital Management LLC now owns 2,962,871 shares of the bank’s stock worth $376,314,000 after acquiring an additional 1,065,452 shares during the period. Massachusetts Financial Services Co. MA increased its holdings in shares of Popular by 18.9% during the 3rd quarter. Massachusetts Financial Services Co. MA now owns 1,779,309 shares of the bank’s stock worth $225,990,000 after acquiring an additional 283,000 shares during the last quarter. Geode Capital Management LLC raised its stake in Popular by 0.6% in the 2nd quarter. Geode Capital Management LLC now owns 1,337,901 shares of the bank’s stock valued at $147,471,000 after acquiring an additional 7,500 shares during the period. Finally, Frontier Capital Management Co. LLC raised its stake in Popular by 14.0% in the 2nd quarter. Frontier Capital Management Co. LLC now owns 1,082,018 shares of the bank’s stock valued at $119,249,000 after acquiring an additional 132,826 shares during the period. Institutional investors own 87.27% of the company’s stock.

Popular Price Performance

BPOP stock opened at $145.97 on Friday. The stock has a market capitalization of $9.73 billion, a P/E ratio of 11.85, a P/E/G ratio of 0.91 and a beta of 0.63. Popular has a fifty-two week low of $78.23 and a fifty-two week high of $146.95. The business has a 50-day moving average of $126.40 and a 200-day moving average of $121.67.

Popular (NASDAQ:BPOP) last released its earnings results on Tuesday, January 27th. The bank reported $3.38 EPS for the quarter, beating the consensus estimate of $3.02 by $0.36. Popular had a return on equity of 13.87% and a net margin of 18.75%.The firm had revenue of $815.98 million for the quarter, compared to analysts’ expectations of $811.55 million. During the same quarter in the previous year, the business posted $2.51 EPS. Equities analysts expect that Popular will post 10.06 EPS for the current year.

Popular Announces Dividend

The business also recently disclosed a quarterly dividend, which was paid on Friday, January 2nd. Stockholders of record on Friday, December 5th were issued a $0.75 dividend. This represents a $3.00 annualized dividend and a dividend yield of 2.1%. The ex-dividend date of this dividend was Friday, December 5th. Popular’s dividend payout ratio is presently 24.35%.

Popular Company Profile

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.