Balentine LLC Acquires Shares of 2,945 PayPal Holdings, Inc. $PYPL

Balentine LLC purchased a new position in PayPal Holdings, Inc. (NASDAQ:PYPL) in the second quarter, according to its most recent Form 13F filing with the Securities & Exchange Commission. The institutional investor purchased 2,945 shares of the credit services provider’s stock, valued at approximately $219,000.

Other hedge funds have also recently added to or reduced their stakes in the company. Hilltop National Bank acquired a new position in PayPal in the second quarter worth approximately $27,000. Evermay Wealth Management LLC grew its stake in shares of PayPal by 726.0% in the first quarter. Evermay Wealth Management LLC now owns 413 shares of the credit services provider’s stock worth $27,000 after acquiring an additional 363 shares during the last quarter. Gordian Capital Singapore Pte Ltd grew its stake in shares of PayPal by 41.2% in the first quarter. Gordian Capital Singapore Pte Ltd now owns 473 shares of the credit services provider’s stock worth $31,000 after acquiring an additional 138 shares during the last quarter. American National Bank & Trust lifted its position in PayPal by 52.5% in the second quarter. American National Bank & Trust now owns 610 shares of the credit services provider’s stock worth $45,000 after purchasing an additional 210 shares during the period. Finally, Cornerstone Planning Group LLC lifted its position in PayPal by 41.7% in the first quarter. Cornerstone Planning Group LLC now owns 666 shares of the credit services provider’s stock worth $42,000 after purchasing an additional 196 shares during the period. Institutional investors and hedge funds own 68.32% of the company’s stock.

Wall Street Analyst Weigh In

PYPL has been the subject of several research reports. BNP Paribas Exane raised their target price on PayPal from $69.00 to $71.00 and gave the stock a “neutral” rating in a research report on Wednesday. Weiss Ratings reaffirmed a “hold (c)” rating on shares of PayPal in a research report on Wednesday, October 8th. Royal Bank Of Canada raised their target price on PayPal from $88.00 to $91.00 and gave the stock an “outperform” rating in a research report on Tuesday. Rothschild & Co Redburn lifted their price objective on PayPal from $66.00 to $70.00 and gave the company a “neutral” rating in a report on Tuesday, September 16th. Finally, The Goldman Sachs Group lifted their price objective on PayPal from $70.00 to $72.00 and gave the company a “sell” rating in a report on Wednesday. Fifteen investment analysts have rated the stock with a Buy rating, sixteen have issued a Hold rating and four have assigned a Sell rating to the stock. According to MarketBeat.com, the company currently has an average rating of “Hold” and an average price target of $83.10.

PayPal Price Performance

PayPal stock opened at $69.27 on Friday. The firm has a market capitalization of $64.81 billion, a P/E ratio of 13.88, a PEG ratio of 1.00 and a beta of 1.44. PayPal Holdings, Inc. has a 1 year low of $55.85 and a 1 year high of $93.66. The business has a 50-day moving average of $69.06 and a 200-day moving average of $70.09. The company has a current ratio of 1.34, a quick ratio of 1.33 and a debt-to-equity ratio of 0.56.

PayPal (NASDAQ:PYPL) last released its quarterly earnings data on Tuesday, October 28th. The credit services provider reported $1.34 earnings per share for the quarter, beating the consensus estimate of $1.20 by $0.14. PayPal had a return on equity of 25.64% and a net margin of 14.96%.The business 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 business posted $1.20 EPS. PayPal’s revenue for the quarter was up 7.3% on a year-over-year basis. 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 EPS for the current year.

PayPal Dividend Announcement

The firm also recently disclosed a quarterly dividend, which will be paid on Wednesday, December 10th. Stockholders of record on Wednesday, November 19th will be issued a dividend of $0.14 per share. This represents a $0.56 annualized dividend and a dividend yield of 0.8%. The ex-dividend date is Wednesday, November 19th.

Insider Activity

In other news, insider Suzan Kereere sold 5,000 shares of PayPal stock in a transaction dated Thursday, October 30th. The stock was sold at an average price of $69.52, for a total transaction of $347,600.00. Following the transaction, the insider owned 43,483 shares in the company, valued at $3,022,938.16. The trade was a 10.31% decrease in their position. The transaction was disclosed in a document filed with the SEC, which is available at this hyperlink. Also, EVP Diego Scotti sold 3,838 shares of the business’s stock in a transaction that occurred on Thursday, October 30th. The shares were sold at an average price of $68.97, for a total value of $264,706.86. Following the completion of the sale, the executive vice president owned 16,989 shares in the company, valued at $1,171,731.33. The trade was a 18.43% decrease in their position. The disclosure for this sale is available in the SEC filing. Insiders have sold 14,374 shares of company stock worth $996,093 in the last 90 days. Corporate insiders own 0.08% of the company’s stock.

PayPal 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.