Everett Harris & Co. CA Has $3.05 Million Stock Holdings in PayPal Holdings, Inc. $PYPL

Everett Harris & Co. CA decreased its holdings in shares of PayPal Holdings, Inc. (NASDAQ:PYPL) by 1.9% in the second quarter, according to the company in its most recent Form 13F filing with the Securities & Exchange Commission. The firm owned 41,064 shares of the credit services provider’s stock after selling 775 shares during the period. Everett Harris & Co. CA’s holdings in PayPal were worth $3,052,000 as of its most recent SEC filing.

Several other large investors also recently modified their holdings of PYPL. Nuveen LLC acquired a new stake in PayPal in the 1st quarter valued at $529,264,000. Goldman Sachs Group Inc. boosted its stake in shares of PayPal by 44.6% in the 1st quarter. Goldman Sachs Group Inc. now owns 8,559,376 shares of the credit services provider’s stock valued at $558,499,000 after purchasing an additional 2,638,815 shares in the last quarter. Deutsche Bank AG boosted its stake in shares of PayPal by 19.1% in the 1st quarter. Deutsche Bank AG now owns 11,238,218 shares of the credit services provider’s stock valued at $733,294,000 after purchasing an additional 1,798,330 shares in the last quarter. Invesco Ltd. grew its holdings in shares of PayPal by 14.9% in 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 during the last quarter. Finally, Jupiter Asset Management Ltd. increased its position 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. 68.32% of the stock is currently owned by institutional investors.

Analysts Set New Price Targets

PYPL has been the topic of a number of recent analyst reports. Citigroup upgraded shares of PayPal to a “hold” rating in a research report on Thursday, October 23rd. Canaccord Genuity Group boosted their target price on PayPal from $96.00 to $100.00 and gave the stock a “buy” rating in a report on Wednesday, October 29th. Deutsche Bank Aktiengesellschaft set a $75.00 price target on PayPal in a report on Tuesday, July 29th. Needham & Company LLC reissued a “hold” rating on shares of PayPal in a research note on Tuesday, October 28th. Finally, Barclays restated an “overweight” rating on shares of PayPal in a research note on Tuesday, July 29th. Fifteen investment analysts have rated the stock with a Buy rating, seventeen have given a Hold rating and four have issued a Sell rating to the company’s stock. Based on data from MarketBeat.com, the stock currently has an average rating of “Hold” and a consensus target price of $82.94.

PayPal Stock Up 1.7%

Shares of PYPL opened at $67.40 on Wednesday. The business’s fifty day moving average price is $68.65 and its two-hundred day moving average price is $70.44. The firm has a market capitalization of $63.06 billion, a price-to-earnings ratio of 13.51, a PEG ratio of 0.98 and a beta of 1.45. PayPal Holdings, Inc. has a 52 week low of $55.85 and a 52 week high of $93.66. The company has a debt-to-equity ratio of 0.56, a quick ratio of 1.34 and a current ratio of 1.34.

PayPal (NASDAQ:PYPL) last issued its quarterly earnings results on Tuesday, October 28th. The credit services provider reported $1.34 earnings per share (EPS) for the quarter, beating the consensus estimate of $1.20 by $0.14. The business had revenue of $8.42 billion for the quarter, compared to analyst estimates of $8.21 billion. PayPal had a return on equity of 25.64% and a net margin of 14.96%.The firm’s revenue for the quarter was up 7.3% compared to the same quarter last year. During the same quarter in the prior year, the firm posted $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, analysts predict that PayPal Holdings, Inc. will post 5.03 earnings per share for the current year.

PayPal Announces Dividend

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

Insider Buying and Selling

In related news, CAO Chris Natali sold 1,374 shares of the stock in a transaction that occurred on Thursday, October 30th. The shares were sold at an average price of $69.13, for a total value of $94,984.62. The sale was disclosed in a document filed with the SEC, which can be accessed through this link. Also, EVP Diego Scotti sold 3,838 shares of PayPal stock in a transaction on Thursday, October 30th. The stock was sold at an average price of $68.97, for a total transaction of $264,706.86. Following the sale, the executive vice president directly owned 16,989 shares of the company’s stock, valued at $1,171,731.33. This represents a 18.43% decrease in their position. Additional details regarding this sale are available in the official SEC disclosure. Insiders sold a total of 26,874 shares of company stock valued at $1,856,968 over the last ninety days. Insiders own 0.08% of the company’s stock.

About PayPal

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.