Marco Investment Management LLC increased its stake in PayPal Holdings, Inc. (NASDAQ:PYPL – Free Report) by 6.1% during the second quarter, according to its most recent filing with the SEC. The fund owned 48,608 shares of the credit services provider’s stock after buying an additional 2,800 shares during the quarter. Marco Investment Management LLC’s holdings in PayPal were worth $3,613,000 at the end of the most recent quarter.
Other large investors have also added to or reduced their stakes in the company. Evermay Wealth Management LLC raised its position in 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 period. Hilltop National Bank purchased a new stake in shares of PayPal during the 2nd quarter worth approximately $27,000. MUFG Securities EMEA plc increased its stake in shares of PayPal by 100.4% during the 2nd quarter. MUFG Securities EMEA plc now owns 385 shares of the credit services provider’s stock worth $29,000 after purchasing an additional 87,524 shares during the last quarter. Gordian Capital Singapore Pte Ltd raised its holdings in shares of PayPal by 41.2% in the 1st quarter. Gordian Capital Singapore Pte Ltd now owns 473 shares of the credit services provider’s stock worth $31,000 after purchasing an additional 138 shares during the period. Finally, American National Bank & Trust lifted its stake in PayPal by 52.5% in the second quarter. American National Bank & Trust now owns 610 shares of the credit services provider’s stock valued at $45,000 after purchasing an additional 210 shares during the last quarter. Hedge funds and other institutional investors own 68.32% of the company’s stock.
Analyst Ratings Changes
A number of research analysts have recently commented on PYPL shares. Citigroup raised PayPal to a “hold” rating in a research report on Thursday, October 23rd. Keefe, Bruyette & Woods boosted their price objective on PayPal from $85.00 to $90.00 and gave the company an “outperform” rating in a research note on Wednesday, October 29th. Argus upped their price objective on shares of PayPal from $81.00 to $87.00 and gave the company a “buy” rating in a report on Wednesday, October 29th. Macquarie lifted their target price on shares of PayPal from $95.00 to $100.00 and gave the stock an “outperform” rating in a research note on Wednesday, October 29th. Finally, Royal Bank Of Canada boosted their price target on shares of PayPal from $88.00 to $91.00 and gave the company an “outperform” rating in a research report on Tuesday, October 28th. Fifteen investment analysts have rated the stock with a Buy rating, seventeen have issued a Hold rating and four have given a Sell rating to the company’s stock. According to MarketBeat.com, the stock currently has an average rating of “Hold” and a consensus target price of $83.03.
PayPal Trading Down 0.1%
Shares of PYPL opened at $66.22 on Friday. PayPal Holdings, Inc. has a twelve month low of $55.85 and a twelve month high of $93.66. The stock has a market cap of $61.96 billion, a PE ratio of 13.27, a P/E/G ratio of 0.98 and a beta of 1.45. The company has a quick ratio of 1.34, a current ratio of 1.34 and a debt-to-equity ratio of 0.56. The business’s 50-day moving average price is $68.77 and its 200-day moving average price is $70.30.
PayPal (NASDAQ:PYPL – Get Free Report) last issued its quarterly earnings data on Tuesday, October 28th. The credit services provider reported $1.34 EPS for the quarter, beating the consensus estimate of $1.20 by $0.14. The company had revenue of $8.42 billion during the quarter, compared to analysts’ expectations of $8.21 billion. PayPal had a net margin of 14.96% and a return on equity of 25.64%. PayPal’s revenue for the quarter was up 7.3% on a year-over-year basis. During the same quarter in the previous year, the company earned $1.20 earnings per share. 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 forecast that PayPal Holdings, Inc. will post 5.03 EPS for the current fiscal year.
PayPal Announces Dividend
The firm also recently disclosed 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. This represents a $0.56 dividend on an annualized basis and a dividend yield of 0.8%. The ex-dividend date is Wednesday, November 19th.
Insider Buying and Selling
In related news, CAO Chris Natali sold 1,374 shares of PayPal stock in a transaction on Thursday, October 30th. The stock was sold at an average price of $69.13, for a total transaction of $94,984.62. The transaction was disclosed in a document filed with the Securities & Exchange Commission, which is available at this link. Also, insider Suzan Kereere sold 12,500 shares of the company’s stock in a transaction dated Monday, November 3rd. The stock was sold at an average price of $68.87, for a total value of $860,875.00. Following the completion of the transaction, the insider owned 30,983 shares in the company, valued at $2,133,799.21. This represents a 28.75% decrease in their ownership of the stock. Additional details regarding this sale are available in the official SEC disclosure. Over the last quarter, insiders have sold 26,874 shares of company stock worth $1,856,968. 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.
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