Mirova Cuts Position in eBay Inc. $EBAY

Mirova decreased its stake in eBay Inc. (NASDAQ:EBAY) by 11.5% in the 3rd quarter, Holdings Channel reports. The firm owned 131,328 shares of the e-commerce company’s stock after selling 17,005 shares during the quarter. eBay accounts for approximately 1.7% of Mirova’s portfolio, making the stock its 15th biggest position. Mirova’s holdings in eBay were worth $11,944,000 as of its most recent filing with the Securities & Exchange Commission.

Other institutional investors and hedge funds also recently added to or reduced their stakes in the company. AIA Group Ltd lifted its position in shares of eBay by 36.8% during the 3rd quarter. AIA Group Ltd now owns 4,266 shares of the e-commerce company’s stock valued at $388,000 after acquiring an additional 1,148 shares during the period. Swiss Life Asset Management Ltd grew its holdings in shares of eBay by 15.9% in the 3rd quarter. Swiss Life Asset Management Ltd now owns 135,911 shares of the e-commerce company’s stock worth $12,361,000 after acquiring an additional 18,649 shares during the period. Groupama Asset Managment grew its holdings in shares of eBay by 49.0% in the 3rd quarter. Groupama Asset Managment now owns 14,828 shares of the e-commerce company’s stock worth $1,349,000 after acquiring an additional 4,879 shares during the period. Trust Investment Advisors purchased a new position in eBay in the 3rd quarter valued at approximately $221,000. Finally, CIBC Private Wealth Group LLC raised its holdings in eBay by 39.4% during the third quarter. CIBC Private Wealth Group LLC now owns 4,021 shares of the e-commerce company’s stock worth $366,000 after purchasing an additional 1,137 shares during the last quarter. 87.48% of the stock is currently owned by institutional investors and hedge funds.

Analysts Set New Price Targets

A number of analysts have commented on the company. Benchmark boosted their target price on eBay from $110.00 to $115.00 and gave the stock a “buy” rating in a research report on Thursday, February 19th. Weiss Ratings reaffirmed a “buy (b)” rating on shares of eBay in a research note on Monday, December 29th. Morgan Stanley reissued an “overweight” rating and issued a $119.00 price objective on shares of eBay in a research note on Thursday, February 19th. Arete Research raised their target price on shares of eBay from $91.00 to $103.00 and gave the company a “neutral” rating in a report on Thursday, January 15th. Finally, Needham & Company LLC lifted their target price on shares of eBay from $115.00 to $122.00 and gave the stock a “buy” rating in a research report on Thursday, February 19th. Fourteen analysts have rated the stock with a Buy rating, nineteen have assigned a Hold rating and one has issued a Sell rating to the company’s stock. According to data from MarketBeat.com, eBay has a consensus rating of “Hold” and a consensus price target of $97.97.

Insider Activity

In related news, SVP Jordan Douglas Bradle Sweetnam sold 33,441 shares of the firm’s stock in a transaction that occurred on Friday, January 30th. The shares were sold at an average price of $91.99, for a total transaction of $3,076,237.59. Following the sale, the senior vice president owned 4,733 shares in the company, valued at approximately $435,388.67. This trade represents a 87.60% decrease in their ownership of the stock. The sale was disclosed in a legal filing with the Securities & Exchange Commission, which can be accessed through this hyperlink. Insiders own 0.64% of the company’s stock.

eBay Stock Performance

NASDAQ EBAY opened at $91.77 on Thursday. The company has a quick ratio of 1.10, a current ratio of 1.10 and a debt-to-equity ratio of 1.30. eBay Inc. has a fifty-two week low of $58.71 and a fifty-two week high of $101.15. The business has a fifty day moving average of $89.84 and a 200-day moving average of $88.48. The stock has a market cap of $41.11 billion, a price-to-earnings ratio of 21.10, a price-to-earnings-growth ratio of 1.96 and a beta of 1.38.

eBay (NASDAQ:EBAY) last posted its quarterly earnings data on Wednesday, February 18th. The e-commerce company reported $1.41 EPS for the quarter, beating analysts’ consensus estimates of $1.35 by $0.06. eBay had a return on equity of 43.04% and a net margin of 18.30%.The business had revenue of $2.97 billion for the quarter, compared to analyst estimates of $2.87 billion. During the same quarter last year, the company earned $1.25 earnings per share. The business’s revenue for the quarter was up 15.0% compared to the same quarter last year. eBay has set its Q1 2026 guidance at 1.530-1.590 EPS. As a group, analysts predict that eBay Inc. will post 3.86 earnings per share for the current fiscal year.

eBay Increases Dividend

The company also recently disclosed a quarterly dividend, which will be paid on Friday, March 20th. Stockholders of record on Friday, March 6th will be given a $0.31 dividend. This is a boost from eBay’s previous quarterly dividend of $0.29. This represents a $1.24 dividend on an annualized basis and a dividend yield of 1.4%. The ex-dividend date of this dividend is Friday, March 6th. eBay’s dividend payout ratio (DPR) is presently 28.51%.

About eBay

eBay Inc is a global e-commerce company that operates an online marketplace connecting individual consumers and businesses for the sale and purchase of new, used and collectible goods. Founded in 1995 by Pierre Omidyar and headquartered in San Jose, California, eBay grew from its early auction-style site into a diversified platform offering both auction-format listings and fixed-price “Buy It Now” transactions. The company completed an initial public offering in the late 1990s and has since evolved its platform and services to support a broad range of product categories and buyer preferences.

The company’s core business centers on its marketplace platform, which provides listing, search and transaction capabilities for millions of items across consumer goods, electronics, fashion, collectibles and more.