Popular (NASDAQ:BPOP) Given New $176.00 Price Target at Hovde Group

Popular (NASDAQ:BPOP) had its price objective raised by equities researchers at Hovde Group from $153.00 to $176.00 in a note issued to investors on Wednesday. The firm currently has an “outperform” rating on the bank’s stock. Hovde Group’s price objective would suggest a potential upside of 34.76% from the stock’s previous close.

A number of other equities research analysts have also issued reports on the company. UBS Group reissued a “neutral” rating on shares of Popular in a research report on Tuesday, January 6th. Barclays reissued an “overweight” rating on shares of Popular in a research report on Wednesday, October 8th. Truist Financial initiated coverage on shares of Popular in a research note on Thursday, October 9th. They issued a “buy” rating and a $153.00 target price for the company. Piper Sandler initiated coverage on shares of Popular in a research report on Thursday, January 15th. They issued an “overweight” rating and a $152.00 price objective on the stock. Finally, Zacks Research downgraded shares of Popular from a “strong-buy” rating to a “hold” rating in a report on Wednesday, December 10th. Nine investment analysts have rated the stock with a Buy rating and two have assigned a Hold rating to the company. According to MarketBeat, the company has an average rating of “Moderate Buy” and an average target price of $141.00.

Popular Stock Performance

NASDAQ BPOP opened at $130.60 on Wednesday. The stock has a market cap of $8.71 billion, a price-to-earnings ratio of 11.56, a PEG ratio of 0.51 and a beta of 0.63. Popular has a 52-week low of $78.23 and a 52-week high of $133.10. The business has a 50 day simple moving average of $122.49 and a 200 day simple moving average of $120.32.

Popular (NASDAQ:BPOP) last posted its quarterly earnings data on Tuesday, January 27th. The bank reported $3.38 EPS for the quarter, beating the consensus estimate of $3.02 by $0.36. The business had revenue of $815.98 million for the quarter, compared to analysts’ expectations of $811.55 million. Popular had a net margin of 17.63% and a return on equity of 13.27%. During the same period in the previous year, the firm posted $2.51 EPS. On average, analysts predict that Popular will post 10.06 EPS for the current year.

Insider Activity at Popular

In other Popular news, Director Richard L. Carrion sold 25,000 shares of the stock in a transaction that occurred on Monday, November 24th. The shares were sold at an average price of $113.50, for a total transaction of $2,837,500.00. Following the completion of the sale, the director owned 193,020 shares of the company’s stock, valued at approximately $21,907,770. This represents a 11.47% decrease in their position. The transaction was disclosed in a document filed with the SEC, which can be accessed through this hyperlink. Also, VP Adorno Denissa Rodriguez sold 1,000 shares of Popular stock in a transaction on Friday, November 21st. The stock was sold at an average price of $114.84, for a total transaction of $114,840.00. Following the transaction, the vice president directly owned 2,604 shares of the company’s stock, valued at $299,043.36. This represents a 27.75% decrease in their position. Additional details regarding this sale are available in the official SEC disclosure. 2.23% of the stock is owned by company insiders.

Hedge Funds Weigh In On Popular

Several institutional investors have recently added to or reduced their stakes in BPOP. Ethic Inc. acquired a new position in shares of Popular during the 3rd quarter valued at $653,000. Brendel Financial Advisors LLC bought a new position in shares of Popular in the 3rd quarter worth $2,660,000. Burney Co. grew its position in Popular by 134.3% in the 3rd quarter. Burney Co. now owns 48,557 shares of the bank’s stock valued at $6,167,000 after purchasing an additional 27,837 shares during the period. Ritholtz Wealth Management increased its stake in Popular by 40.8% during the 3rd quarter. Ritholtz Wealth Management now owns 41,270 shares of the bank’s stock valued at $5,242,000 after purchasing an additional 11,957 shares in the last quarter. Finally, Acadian Asset Management LLC raised its holdings in Popular by 47.3% during the second quarter. Acadian Asset Management LLC now owns 188,960 shares of the bank’s stock worth $20,818,000 after buying an additional 60,701 shares during the last quarter. 87.27% of the stock is owned by institutional investors and hedge funds.

Popular News Summary

Here are the key news stories impacting Popular this week:

• Positive Sentiment: Q4 EPS and revenue beat — Popular reported $3.38 EPS vs. $3.02 expected and revenue slightly above estimates; this is the primary catalyst lifting the stock. Popular tops Q4 EPS by 50c, shares edge higher
• Positive Sentiment: Conference-call takeaways — Management highlighted stronger net income, improved margins and return on equity, reinforcing the beat and supporting upside to near-term profitability. Popular Inc (BPOP) Q4 2025 Earnings Call Highlights
• Positive Sentiment: Loan growth and efficiency initiatives — Analysts and coverage pieces point to tangible loan growth and ongoing cost/efficiency programs that should help sustain margins. BPOP Q4 Deep Dive
• Neutral Sentiment: Market reaction explained — Commentary pieces summarize why the stock is rallying (earnings beat + call commentary), useful for traders but largely reiterative of the release. Why is popular (BPOP) stock rocketing higher today
• Neutral Sentiment: Primary sources & transcript — Full earnings release, slide deck and call transcript available for deeper due diligence (useful if you model guidance or margins). Q4 2025 Earnings Call Transcript
• Negative Sentiment: Outlook tempered — Management tempered near-term outlook on the call; deposit trends and guidance caution could limit sustained upside and merit watching upcoming quarter guidance. Popular Inc Earnings Call: Profits Up, Outlook Tempered

About Popular

Popular, Inc, headquartered in San Juan, Puerto Rico, is a financial holding company and a leading provider of banking services in the United States mainland and Puerto Rico. Through its primary subsidiaries—Banco Popular de Puerto Rico and Popular Bank—the company delivers comprehensive commercial and consumer banking solutions. It offers deposit products, lending facilities, cash management services and payment-processing solutions designed for individuals, small businesses and large corporations.

The company’s product suite encompasses checking and savings accounts, certificates of deposit, residential and commercial mortgage loans, business lines of credit and credit cards.