Econ Financial Services Corp Has $1.65 Million Stock Position in PayPal Holdings, Inc. $PYPL

Econ Financial Services Corp grew its position in shares of PayPal Holdings, Inc. (NASDAQ:PYPL) by 68.5% in the second quarter, according to the company in its most recent 13F filing with the Securities & Exchange Commission. The fund owned 22,163 shares of the credit services provider’s stock after acquiring an additional 9,013 shares during the quarter. Econ Financial Services Corp’s holdings in PayPal were worth $1,647,000 at the end of the most recent reporting period.

A number of other large investors have also recently bought and sold shares of PYPL. Nuveen LLC acquired a new position in PayPal during the 1st quarter worth approximately $529,264,000. Goldman Sachs Group Inc. raised 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 purchasing an additional 2,638,815 shares in the last quarter. Deutsche Bank AG raised 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 purchasing an additional 1,798,330 shares in the last quarter. Invesco Ltd. raised its stake 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 worth $620,924,000 after purchasing an additional 1,232,155 shares in the last quarter. Finally, Jupiter Asset Management Ltd. raised its stake in shares of PayPal by 301.7% during the 1st quarter. Jupiter Asset Management Ltd. now owns 1,156,955 shares of the credit services provider’s stock worth $75,491,000 after purchasing an additional 868,953 shares in the last quarter. Institutional investors and hedge funds own 68.32% of the company’s stock.

PayPal Stock Up 3.9%

PYPL stock opened at $73.02 on Wednesday. The company has a debt-to-equity ratio of 0.56, a current ratio of 1.33 and a quick ratio of 1.33. The stock has a market capitalization of $69.76 billion, a price-to-earnings ratio of 15.60, a PEG ratio of 1.09 and a beta of 1.44. The business’s fifty day moving average price is $69.03 and its two-hundred day moving average price is $70.01. PayPal Holdings, Inc. has a fifty-two week low of $55.85 and a fifty-two week high of $93.66.

PayPal (NASDAQ:PYPL) last posted its quarterly earnings data on Tuesday, October 28th. The credit services provider reported $1.34 earnings per share for the quarter, topping the consensus estimate of $1.20 by $0.14. The firm had revenue of $8.42 billion for the quarter, compared to analysts’ expectations of $8.21 billion. PayPal had a return on equity of 25.35% and a net margin of 14.49%.The company’s quarterly revenue was up 7.3% compared to the same quarter last year. During the same quarter last year, the business earned $1.20 EPS. 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 analysts anticipate that PayPal Holdings, Inc. will post 5.03 earnings per share for the current year.

PayPal Announces Dividend

The business also recently declared a quarterly dividend, which will be paid on Wednesday, December 10th. Investors of record on Wednesday, November 19th will be given a $0.14 dividend. The ex-dividend date is Wednesday, November 19th. This represents a $0.56 dividend on an annualized basis and a dividend yield of 0.8%.

Insider Buying and Selling

In related news, CAO Chris Natali sold 7,102 shares of the firm’s stock in a transaction on Thursday, July 31st. The stock was sold at an average price of $69.35, for a total value of $492,523.70. The sale was disclosed in a legal filing with the SEC, which is available at this hyperlink. Also, insider Suzan Kereere sold 4,162 shares of the firm’s stock in a transaction on Tuesday, August 19th. The stock was sold at an average price of $69.39, for a total value of $288,801.18. Following the completion of the transaction, the insider owned 48,483 shares in the company, valued at $3,364,235.37. The trade was a 7.91% decrease in their position. The disclosure for this sale is available in the SEC filing. Over the last quarter, insiders have sold 15,102 shares of company stock worth $1,046,607. Company insiders own 0.08% of the company’s stock.

Analyst Upgrades and Downgrades

PYPL has been the topic of a number of analyst reports. Royal Bank Of Canada upped their price objective on PayPal from $88.00 to $91.00 and gave the stock an “outperform” rating in a research note on Tuesday. Citigroup upgraded PayPal to a “hold” rating in a research note on Thursday, October 23rd. The Goldman Sachs Group set a $70.00 price objective on PayPal and gave the stock a “sell” rating in a research note on Monday, October 13th. Piper Sandler set a $74.00 price objective on PayPal in a research note on Tuesday, July 29th. Finally, Wall Street Zen cut PayPal from a “buy” rating to a “hold” rating in a research note on Saturday, October 4th. Fifteen investment analysts have rated the stock with a Buy rating, fourteen have given a Hold rating and three have given a Sell rating to the company’s stock. According to MarketBeat.com, the company currently has a consensus rating of “Hold” and a consensus price target of $82.89.

PayPal Company 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.