Popular (NASDAQ:BPOP – Free Report) had its target price hoisted by Keefe, Bruyette & Woods from $190.00 to $207.00 in a research note published on Friday morning,Benzinga reports. The firm currently has an outperform rating on the bank’s stock.
Other equities analysts also recently issued research reports about the company. Royal Bank Of Canada lifted their price target on Popular from $163.00 to $181.00 and gave the company an “outperform” rating in a research note on Friday. Weiss Ratings raised Popular from a “buy (b+)” rating to a “buy (a-)” rating in a research note on Monday, May 4th. Benchmark raised their target price on Popular from $201.00 to $214.00 and gave the company a “buy” rating in a report on Friday. Barclays lifted their target price on Popular from $185.00 to $190.00 and gave the company an “overweight” rating in a research report on Friday. Finally, Zacks Research downgraded Popular from a “strong-buy” rating to a “hold” rating in a report on Monday, April 6th. One analyst has rated the stock with a Strong Buy rating, eleven have issued a Buy rating and one has assigned a Hold rating to the stock. According to data from MarketBeat.com, the company presently has a consensus rating of “Buy” and a consensus price target of $184.42.
View Our Latest Stock Analysis on BPOP
Popular Price Performance
Popular (NASDAQ:BPOP – Get Free Report) last posted its earnings results on Thursday, July 23rd. The bank reported $4.35 EPS for the quarter, topping the consensus estimate of $3.72 by $0.63. Popular had a net margin of 21.37% and a return on equity of 15.47%. The company had revenue of $846.92 million during the quarter, compared to the consensus estimate of $878.41 million. During the same period in the previous year, the firm posted $3.09 earnings per share. As a group, equities research analysts anticipate that Popular will post 15.2 earnings per share for the current fiscal year.
Popular Dividend Announcement
The company also recently announced a quarterly dividend, which was paid on Wednesday, July 1st. Shareholders of record on Friday, May 29th were given a $0.75 dividend. This represents a $3.00 dividend on an annualized basis and a yield of 1.7%. The ex-dividend date of this dividend was Friday, May 29th. Popular’s dividend payout ratio (DPR) is currently 20.27%.
Insider Activity
In related news, EVP Maria Cristin Gonzalez-Noguera sold 6,200 shares of the business’s stock in a transaction dated Friday, May 1st. The stock was sold at an average price of $148.51, for a total value of $920,762.00. Following the sale, the executive vice president directly owned 11,255 shares in the company, valued at approximately $1,671,480.05. The trade was a 35.52% decrease in their position. The sale was disclosed in a legal filing with the SEC, which is accessible through this hyperlink. Also, Director Alejandro M. Ballester sold 23,000 shares of the company’s stock in a transaction dated Thursday, April 30th. The shares were sold at an average price of $150.00, for a total transaction of $3,450,000.00. Following the sale, the director directly owned 34,588 shares in the company, valued at approximately $5,188,200. This trade represents a 39.94% decrease in their ownership of the stock. The SEC filing for this sale provides additional information. Insiders have sold 29,500 shares of company stock valued at $4,415,870 in the last 90 days. Insiders own 2.13% of the company’s stock.
Institutional Trading of Popular
Institutional investors have recently modified their holdings of the business. Royal Bank of Canada boosted its holdings in Popular by 23.1% in the 1st quarter. Royal Bank of Canada now owns 94,352 shares of the bank’s stock worth $8,715,000 after buying an additional 17,729 shares during the period. Dynamic Technology Lab Private Ltd bought a new stake in Popular during the 1st quarter valued at $257,000. Goldman Sachs Group Inc. raised its holdings in Popular by 60.6% during the 1st quarter. Goldman Sachs Group Inc. now owns 223,530 shares of the bank’s stock valued at $20,647,000 after acquiring an additional 84,327 shares during the period. Focus Partners Wealth bought a new stake in Popular during the 1st quarter valued at $207,000. Finally, Sivia Capital Partners LLC purchased a new stake in shares of Popular during the second quarter worth $252,000. 87.27% of the stock is currently owned by hedge funds and other institutional investors.
Popular News Roundup
Here are the key news stories impacting Popular this week:
- Positive Sentiment: Popular beat Q2 EPS estimates, with stronger net interest income, fee income, and loan/deposit growth, while lower expenses supported profitability; management also planned a 20% dividend increase. Popular Q2 Earnings Beat on NII & Fee Income, Dividend Hike Planned
- Positive Sentiment: Several brokerages raised price targets after the earnings release, including Benchmark to $214, KBW to $207, and Truist to $197, signaling upgraded confidence in the bank’s outlook.
- Positive Sentiment: Other post-earnings coverage highlighted robust operating momentum and strong financial performance, reinforcing the view that Popular’s core banking trends remain healthy. Popular Inc (BPOP) Q2 2026 Earnings Call Highlights
- Neutral Sentiment: One article noted the stock looks reasonable on earnings but stretched on returns, suggesting the valuation is not cheap despite the improved fundamentals. Popular (BPOP) Stock Looks Reasonable On Earnings But Stretched On Returns
- Neutral Sentiment: The company also announced capital actions and a leadership transition, including CEO retirement plans, which investors may view as a longer-term governance update rather than an immediate earnings driver. Popular unveils capital plan 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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