Popular (NASDAQ:BPOP – Get Free Report) had its price objective boosted by analysts at Benchmark from $201.00 to $214.00 in a report issued on Friday,Benzinga reports. The firm currently has a “buy” rating on the bank’s stock. Benchmark’s target price points to a potential upside of 25.23% from the stock’s previous close.
Several other equities research analysts have also recently commented on BPOP. Royal Bank Of Canada boosted their price target on Popular from $141.00 to $163.00 and gave the company an “outperform” rating in a research note on Friday, April 24th. Barclays set a $190.00 price objective on shares of Popular in a research report on Friday. Piper Sandler lifted their target price on shares of Popular from $173.00 to $190.00 and gave the company an “overweight” rating in a research note on Friday, June 26th. UBS Group boosted their target price on shares of Popular from $160.00 to $170.00 and gave the stock a “buy” rating in a research report on Friday, April 24th. Finally, Zacks Research lowered shares of Popular from a “strong-buy” rating to a “hold” rating in a research note on Monday, April 6th. One analyst has rated the stock with a Strong Buy rating, eleven have given a Buy rating and one has given a Hold rating to the stock. According to data from MarketBeat, Popular currently has an average rating of “Buy” and an average price target of $179.33.
Get Our Latest Research Report on Popular
Popular Price Performance
Popular (NASDAQ:BPOP – Get Free Report) last issued its earnings results on Thursday, July 23rd. The bank reported $4.35 earnings per share for the quarter, topping the consensus estimate of $3.69 by $0.66. Popular had a return on equity of 14.53% and a net margin of 20.10%.The company had revenue of $846.92 million for the quarter, compared to analyst estimates of $865.61 million. During the same period in the prior year, the firm posted $3.09 EPS. On average, equities analysts anticipate that Popular will post 15.05 EPS for the current year.
Insiders Place Their Bets
In other Popular news, EVP Maria Cristin Gonzalez-Noguera sold 6,200 shares of the company’s stock in a transaction dated Friday, May 1st. The shares were sold at an average price of $148.51, for a total transaction of $920,762.00. Following the completion of the sale, the executive vice president directly owned 11,255 shares in the company, valued at $1,671,480.05. This represents a 35.52% decrease in their ownership of the stock. The transaction was disclosed in a legal filing with the Securities & Exchange Commission, which is available at the SEC website. Also, Director Alejandro M. Ballester sold 23,000 shares of the firm’s stock in a transaction dated Thursday, April 30th. The shares were sold at an average price of $150.00, for a total value of $3,450,000.00. Following the completion of the sale, the director directly owned 34,588 shares in the company, valued at approximately $5,188,200. This represents a 39.94% decrease in their ownership of the stock. The SEC filing for this sale provides additional information. Insiders sold a total of 29,500 shares of company stock valued at $4,415,870 in the last quarter. Insiders own 2.13% of the company’s stock.
Institutional Trading of Popular
Hedge funds and other institutional investors have recently added to or reduced their stakes in the business. Royal Bank of Canada boosted its position in shares of Popular by 23.1% in the first quarter. Royal Bank of Canada now owns 94,352 shares of the bank’s stock valued at $8,715,000 after acquiring an additional 17,729 shares during the period. Dynamic Technology Lab Private Ltd bought a new position in Popular during the first quarter worth $257,000. Goldman Sachs Group Inc. increased its position in Popular by 60.6% during the first quarter. Goldman Sachs Group Inc. now owns 223,530 shares of the bank’s stock worth $20,647,000 after acquiring an additional 84,327 shares during the period. Focus Partners Wealth acquired a new position in Popular during the 1st quarter valued at $207,000. Finally, Sivia Capital Partners LLC acquired a new position in Popular during the 2nd quarter valued at $252,000. Institutional investors and hedge funds own 87.27% of the company’s stock.
Popular News Summary
Here are the key news stories impacting Popular this week:
- Positive Sentiment: Popular reported Q2 2026 earnings of $4.35 per share, beating analyst expectations by $0.66, with net income up 13% year over year and earnings call commentary pointing to robust momentum. Popular Inc Earnings Call Highlights Robust Momentum
- Positive Sentiment: The company also announced capital actions, including a higher quarterly dividend and a new share buyback program, which should support capital returns to shareholders. Popular Boosts Dividend and Launches New Buyback Program
- Positive Sentiment: Popular also unveiled a broader capital plan and leadership transition, signaling confidence in its balance sheet and long-term strategy. Popular unveils capital plan and leadership transition
- Positive Sentiment: Revenue for the quarter came in at $846.9 million, above the year-ago level, and the bank’s profitability metrics remained solid, reinforcing the earnings beat. Popular (BPOP) Surpasses Q2 Earnings and Revenue Estimates
- Neutral Sentiment: Management changes, including CEO Javier D. Ferrer’s planned retirement, may be seen as a transition point, but there was no indication of operational disruption. Popular Announces CEO Retirement and Leadership Transition
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.
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