Logan Capital Management Inc. Raises Stake in PayPal Holdings, Inc. $PYPL

Logan Capital Management Inc. grew its stake in shares of PayPal Holdings, Inc. (NASDAQ:PYPL) by 18.1% in the second quarter, according to its most recent disclosure with the Securities and Exchange Commission. The firm owned 9,141 shares of the credit services provider’s stock after purchasing an additional 1,400 shares during the quarter. Logan Capital Management Inc.’s holdings in PayPal were worth $679,000 at the end of the most recent quarter.

Other large investors have also recently made changes to their positions in the company. Vanguard Group Inc. lifted its stake in PayPal by 0.3% in the first quarter. Vanguard Group Inc. now owns 86,221,849 shares of the credit services provider’s stock worth $5,625,976,000 after acquiring an additional 276,339 shares during the period. Deutsche Bank AG lifted its stake in PayPal by 19.1% in the first quarter. Deutsche Bank AG now owns 11,238,218 shares of the credit services provider’s stock worth $733,294,000 after acquiring an additional 1,798,330 shares during the period. Invesco Ltd. lifted its stake in PayPal by 14.9% in the first quarter. Invesco Ltd. now owns 9,516,070 shares of the credit services provider’s stock worth $620,924,000 after acquiring an additional 1,232,155 shares during the period. Goldman Sachs Group Inc. lifted its stake in PayPal by 44.6% in the first quarter. Goldman Sachs Group Inc. now owns 8,559,376 shares of the credit services provider’s stock worth $558,499,000 after acquiring an additional 2,638,815 shares during the period. Finally, Nuveen LLC purchased a new stake in PayPal in the first quarter worth about $529,264,000. 68.32% of the stock is owned by hedge funds and other institutional investors.

Insider Activity

In other news, insider Suzan Kereere sold 4,162 shares of the company’s stock in a transaction dated Tuesday, August 19th. The shares were sold at an average price of $69.39, for a total transaction of $288,801.18. Following the transaction, the insider owned 48,483 shares in the company, valued at $3,364,235.37. This represents a 7.91% decrease in their ownership of the stock. The transaction was disclosed in a legal filing with the SEC, which is available through this hyperlink. Also, CAO Chris Natali sold 7,102 shares of the company’s stock in a transaction dated Thursday, July 31st. The shares were sold at an average price of $69.35, for a total transaction of $492,523.70. The disclosure for this sale is available in the SEC filing. Insiders have sold a total of 15,102 shares of company stock worth $1,046,607 over the last 90 days. 0.08% of the stock is currently owned by corporate insiders.

PayPal Stock Performance

Shares of PayPal stock opened at $73.02 on Wednesday. The company has a market capitalization of $69.76 billion, a PE ratio of 15.60, a P/E/G ratio of 1.09 and a beta of 1.44. The company has a debt-to-equity ratio of 0.56, a quick ratio of 1.33 and a current ratio of 1.33. The company has a 50-day simple moving average of $69.03 and a two-hundred day simple moving average of $70.01. PayPal Holdings, Inc. has a one year low of $55.85 and a one year high of $93.66.

PayPal (NASDAQ:PYPL) last announced its earnings results on Tuesday, October 28th. The credit services provider reported $1.34 EPS for the quarter, topping analysts’ consensus estimates of $1.20 by $0.14. The business had revenue of $8.42 billion during the quarter, compared to the consensus estimate of $8.21 billion. PayPal had a net margin of 14.49% and a return on equity of 25.35%. The firm’s revenue was up 7.3% on a year-over-year basis. During the same period in the previous year, the company 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. Research analysts expect that PayPal Holdings, Inc. will post 5.03 EPS for the current fiscal year.

PayPal Dividend Announcement

The business also recently disclosed a quarterly dividend, which will be paid on Wednesday, December 10th. Stockholders of record on Wednesday, November 19th will be issued a dividend of $0.14 per share. The ex-dividend date is Wednesday, November 19th. This represents a $0.56 annualized dividend and a dividend yield of 0.8%.

Wall Street Analysts Forecast Growth

A number of research firms recently weighed in on PYPL. Sanford C. Bernstein lowered their price objective on shares of PayPal from $85.00 to $76.00 in a research note on Tuesday, October 21st. Macquarie reaffirmed an “outperform” rating and issued a $95.00 price objective on shares of PayPal in a research note on Wednesday, July 30th. Weiss Ratings reaffirmed a “hold (c)” rating on shares of PayPal in a research note on Wednesday, October 8th. Citigroup raised shares of PayPal to a “hold” rating in a research note on Thursday, October 23rd. Finally, BMO Capital Markets reaffirmed a “market perform” rating on shares of PayPal in a research note on Tuesday, July 29th. Fifteen research analysts have rated the stock with a Buy rating, fourteen have given a Hold rating and three have given a Sell rating to the company. According to MarketBeat, the company has a consensus rating of “Hold” and an average target price of $82.57.

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.