Evelyn Partners Asset Management Ltd Takes Position in PayPal Holdings, Inc. $PYPL

Evelyn Partners Asset Management Ltd bought a new stake in PayPal Holdings, Inc. (NASDAQ:PYPLFree Report) during the second quarter, according to the company in its most recent disclosure with the Securities and Exchange Commission (SEC). The fund bought 168,724 shares of the credit services provider’s stock, valued at approximately $12,540,000. PayPal comprises 3.0% of Evelyn Partners Asset Management Ltd’s portfolio, making the stock its 13th biggest position.

Other large investors have also recently bought and sold shares of the company. Evermay Wealth Management LLC increased its position in shares of PayPal by 726.0% during the 1st quarter. Evermay Wealth Management LLC now owns 413 shares of the credit services provider’s stock worth $27,000 after purchasing an additional 363 shares during the last quarter. Hilltop National Bank acquired a new position in PayPal during the second quarter worth $27,000. MUFG Securities EMEA plc raised its position in PayPal by 100.4% during the second quarter. MUFG Securities EMEA plc now owns 385 shares of the credit services provider’s stock worth $29,000 after acquiring an additional 87,524 shares in the last quarter. Gordian Capital Singapore Pte Ltd lifted its stake in PayPal by 41.2% in the first quarter. Gordian Capital Singapore Pte Ltd now owns 473 shares of the credit services provider’s stock valued at $31,000 after acquiring an additional 138 shares during the last quarter. Finally, VSM Wealth Advisory LLC bought a new position in shares of PayPal in the 2nd quarter valued at about $36,000. 68.32% of the stock is owned by institutional investors and hedge funds.

Wall Street Analyst Weigh In

A number of equities research analysts have recently issued reports on the stock. KeyCorp reaffirmed a “hold” rating on shares of PayPal in a report on Wednesday, October 22nd. Rothschild & Co Redburn upped their price objective on PayPal from $66.00 to $70.00 and gave the company a “neutral” rating in a research note on Tuesday, September 16th. HSBC lifted their target price on PayPal from $86.00 to $93.00 and gave the stock a “buy” rating in a research note on Wednesday, October 29th. Cowen restated a “mixed” rating on shares of PayPal in a research note on Wednesday, October 29th. Finally, BMO Capital Markets reaffirmed a “market perform” rating on shares of PayPal in a report on Tuesday, July 29th. Fifteen research analysts have rated the stock with a Buy rating, eighteen have assigned a Hold rating and four have issued a Sell rating to the company’s stock. Based on data from MarketBeat, the company has an average rating of “Hold” and an average target price of $82.56.

Read Our Latest Stock Report on PayPal

Insider Buying and Selling at PayPal

In related news, EVP Diego Scotti sold 3,838 shares of the business’s stock in a transaction that occurred on Thursday, October 30th. The stock was 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 directly owned 16,989 shares in the company, valued at approximately $1,171,731.33. The trade was a 18.43% decrease in their ownership of the stock. The sale was disclosed in a filing with the SEC, which is accessible through this link. Also, EVP Aaron Webster sold 9,282 shares of the firm’s stock in a transaction on Monday, November 10th. The stock was sold at an average price of $66.29, for a total value of $615,303.78. Following the transaction, the executive vice president owned 35,699 shares in the company, valued at approximately $2,366,486.71. This trade represents a 20.64% decrease in their position. Additional details regarding this sale are available in the official SEC disclosure. Over the last 90 days, insiders sold 36,156 shares of company stock worth $2,432,524. 0.08% of the stock is currently owned by company insiders.

PayPal Stock Performance

PYPL opened at $60.57 on Friday. The business has a fifty day simple moving average of $67.74 and a 200 day simple moving average of $70.15. The company has a market capitalization of $56.67 billion, a PE ratio of 12.14, a price-to-earnings-growth ratio of 0.78 and a beta of 1.45. PayPal Holdings, Inc. has a 1 year low of $55.85 and a 1 year high of $93.66. The company has a debt-to-equity ratio of 0.56, a current ratio of 1.34 and a quick ratio of 1.34.

PayPal (NASDAQ:PYPLGet Free Report) last posted its quarterly earnings data on Tuesday, October 28th. The credit services provider reported $1.34 earnings per share for the quarter, topping the consensus estimate of $1.20 by $0.14. The firm had revenue of $8.42 billion for the quarter, compared to analysts’ expectations of $8.21 billion. PayPal had a return on equity of 25.64% and a net margin of 14.96%.The company’s quarterly revenue was up 7.3% compared to the same quarter last year. During the same quarter last year, the business earned $1.20 EPS. PayPal has set its Q4 2025 guidance at 1.270-1.310 EPS. FY 2025 guidance at 5.350-5.390 EPS. Research analysts expect 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. Shareholders of record on Wednesday, November 19th will be paid a $0.14 dividend. The ex-dividend date is Wednesday, November 19th. This represents a $0.56 annualized dividend and a yield of 0.9%. PayPal’s payout ratio is 11.22%.

PayPal Profile

(Free Report)

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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Institutional Ownership by Quarter for PayPal (NASDAQ:PYPL)

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