Floyd Financial Group LLC purchased a new position in shares of PayPal Holdings, Inc. (NASDAQ:PYPL – Free Report) during the fourth quarter, Holdings Channel reports. The firm purchased 25,145 shares of the credit services provider’s stock, valued at approximately $1,468,000. PayPal makes up approximately 1.0% of Floyd Financial Group LLC’s holdings, making the stock its 28th biggest holding.
Other hedge funds have also recently added to or reduced their stakes in the company. Vanguard Group Inc. increased its stake in shares of PayPal by 6.5% in the 4th quarter. Vanguard Group Inc. now owns 90,376,927 shares of the credit services provider’s stock valued at $5,276,205,000 after purchasing an additional 5,534,462 shares during the last quarter. Rule One Partners LLC acquired a new stake in PayPal in the fourth quarter valued at about $2,043,000. Kovitz Investment Group Partners LLC boosted its stake in PayPal by 21.1% in the third quarter. Kovitz Investment Group Partners LLC now owns 463,701 shares of the credit services provider’s stock valued at $31,096,000 after buying an additional 80,744 shares in the last quarter. Capital Research Global Investors grew its position in PayPal by 2.3% in the third quarter. Capital Research Global Investors now owns 27,953,803 shares of the credit services provider’s stock valued at $1,874,637,000 after acquiring an additional 636,441 shares during the last quarter. Finally, Step Capital Management Pte. Ltd. acquired a new position in PayPal during the fourth quarter worth about $6,130,000. Institutional investors own 68.32% of the company’s stock.
Key PayPal News
Here are the key news stories impacting PayPal this week:
- Positive Sentiment: PayPal is deepening Venmo integration and expanding merchant checkout adoption, which could support higher payment volume and better monetization of its consumer and merchant ecosystem. PayPal Deepens Venmo Integration: Can It Transform Digital Commerce?
- Positive Sentiment: PayPal’s decision to wind down its decade-old venture capital arm suggests a more disciplined corporate overhaul focused on cost control and core payments, which some investors may view as a positive step. PayPal Ventures shutters as company restructuring continues
- Positive Sentiment: News that PayPal is exploring strategic options for its venture capital arm reinforces the view that management is prioritizing focus and efficiency over noncore investments. PayPal Weighs Shutdown of Venture Capital Arm in Corporate Overhaul
- Positive Sentiment: PayPal’s stock also rose in the prior session, indicating buyers have been willing to step in despite broader market weakness. Paypal (PYPL) Gains As Market Dips: What You Should Know
- Neutral Sentiment: Analyst-style articles comparing PayPal with peers like Shift4 and highlighting concerns about PayPal’s brand momentum are keeping attention on competitive pressure, but they do not appear to be triggering a major new catalyst on their own. Shift4 Payments vs. PayPal: Which Technology Stock Is a Better Buy in 2026?
- Negative Sentiment: Coverage describing PayPal as “yesterday’s news” and questioning its growth narrative may weigh on sentiment by reinforcing concerns that the stock lacks a strong re-rating catalyst. PayPal Is Yesterday’s News. Is This Fintech the Better Buy?
Insider Activity
Wall Street Analyst Weigh In
PYPL has been the topic of a number of research analyst reports. Canaccord Genuity Group restated a “hold” rating and issued a $42.00 price target on shares of PayPal in a research note on Wednesday, May 20th. Loop Capital began coverage on shares of PayPal in a research note on Tuesday, March 31st. They issued a “hold” rating and a $46.00 price objective for the company. Needham & Company LLC restated a “hold” rating on shares of PayPal in a research report on Tuesday, May 5th. KGI Securities reaffirmed a “hold” rating and set a $55.00 target price on shares of PayPal in a research note on Monday, March 2nd. Finally, Weiss Ratings reiterated a “hold (c-)” rating on shares of PayPal in a report on Friday, May 8th. Eight investment analysts have rated the stock with a Buy rating, thirty-two have issued a Hold rating and five have issued a Sell rating to the stock. Based on data from MarketBeat.com, PayPal currently has a consensus rating of “Hold” and an average target price of $55.85.
Read Our Latest Research Report on PYPL
PayPal Stock Performance
NASDAQ:PYPL opened at $42.51 on Friday. The stock’s 50-day moving average is $45.65 and its 200-day moving average is $49.31. PayPal Holdings, Inc. has a 1-year low of $38.46 and a 1-year high of $79.50. The company has a current ratio of 1.26, a quick ratio of 1.26 and a debt-to-equity ratio of 0.47. The stock has a market cap of $37.50 billion, a P/E ratio of 7.98, a price-to-earnings-growth ratio of 1.05 and a beta of 1.34.
PayPal (NASDAQ:PYPL – Get Free Report) last issued its quarterly earnings data on Tuesday, May 5th. The credit services provider reported $1.34 earnings per share (EPS) for the quarter, beating analysts’ consensus estimates of $1.27 by $0.07. PayPal had a net margin of 15.00% and a return on equity of 25.02%. The business had revenue of $8.35 billion during the quarter, compared to analyst estimates of $8.05 billion. During the same quarter last year, the business earned $1.33 EPS. The firm’s quarterly revenue was up 7.2% on a year-over-year basis. Equities research analysts anticipate that PayPal Holdings, Inc. will post 5.3 earnings per share for the current year.
PayPal Dividend Announcement
The firm also recently declared a quarterly dividend, which will be paid on Thursday, June 25th. Shareholders of record on Thursday, June 4th will be given a $0.14 dividend. This represents a $0.56 annualized dividend and a yield of 1.3%. The ex-dividend date is Thursday, June 4th. PayPal’s dividend payout ratio is 10.51%.
PayPal Profile
PayPal Holdings, Inc operates a global digital payments platform that enables consumers and merchants to send and receive payments online, on mobile devices and at the point of sale. The company provides a broad set of payment solutions, including a digital wallet, merchant payment processing, checkout services, invoicing and fraud-management tools. PayPal’s platform is designed to support e-commerce, in-person retail and person-to-person transfers, targeting both individual consumers and businesses of varying sizes.
Key products and services in PayPal’s portfolio include the PayPal wallet and checkout ecosystem, the Venmo peer-to-peer mobile app, Braintree’s developer-focused payment gateway, Xoom for international money transfers, and PayPal Credit and buy-now-pay-later options.
Featured Stories
- Five stocks we like better than PayPal
- Credo Technologies Accelerates AI—Its Stock Price Will Follow
- Qualcomm Goes All-In: The $10B Bet to Crush NVIDIA
- Jabil Just Gave Investors a Stronger Reason to Buy the Dip
- CarMax In Reverse? Why You Should Buy Now Before the Big Catalysts Emerge
Want to see what other hedge funds are holding PYPL? Visit HoldingsChannel.com to get the latest 13F filings and insider trades for PayPal Holdings, Inc. (NASDAQ:PYPL – Free Report).
Receive News & Ratings for PayPal Daily - Enter your email address below to receive a concise daily summary of the latest news and analysts' ratings for PayPal and related companies with MarketBeat.com's FREE daily email newsletter.
