PayPal Holdings, Inc. $PYPL Stock Position Lifted by Brandywine Global Investment Management LLC

Brandywine Global Investment Management LLC lifted its stake in shares of PayPal Holdings, Inc. (NASDAQ:PYPL) by 19.9% during the second quarter, Holdings Channel.com reports. The firm owned 1,817,656 shares of the credit services provider’s stock after acquiring an additional 301,766 shares during the period. PayPal accounts for about 1.0% of Brandywine Global Investment Management LLC’s portfolio, making the stock its 21st biggest position. Brandywine Global Investment Management LLC’s holdings in PayPal were worth $135,088,000 at the end of the most recent reporting period.

Several other institutional investors have also bought and sold shares of the stock. Vanguard Group Inc. increased its stake in PayPal by 0.3% during the 1st quarter. Vanguard Group Inc. now owns 86,221,849 shares of the credit services provider’s stock valued at $5,625,976,000 after buying an additional 276,339 shares during the period. Artisan Partners Limited Partnership lifted its stake in shares of PayPal by 1.6% in the 2nd quarter. Artisan Partners Limited Partnership now owns 11,992,031 shares of the credit services provider’s stock worth $891,248,000 after acquiring an additional 184,014 shares during the period. Deutsche Bank AG boosted its holdings in shares of PayPal by 19.1% in the first quarter. Deutsche Bank AG now owns 11,238,218 shares of the credit services provider’s stock valued at $733,294,000 after acquiring an additional 1,798,330 shares in the last quarter. Invesco Ltd. increased its stake in shares of PayPal by 14.9% during the first quarter. Invesco Ltd. now owns 9,516,070 shares of the credit services provider’s stock valued at $620,924,000 after acquiring an additional 1,232,155 shares during the period. Finally, Goldman Sachs Group Inc. raised its holdings in PayPal by 44.6% during 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 purchasing an additional 2,638,815 shares in the last quarter. Institutional investors and hedge funds own 68.32% of the company’s stock.

Insider Activity

In related news, EVP Aaron Webster sold 9,282 shares of the firm’s stock in a transaction that occurred on Monday, November 10th. The shares were sold at an average price of $66.29, for a total value of $615,303.78. Following the completion of the transaction, the executive vice president owned 35,699 shares of the company’s stock, valued at approximately $2,366,486.71. This trade represents a 20.64% decrease in their position. The transaction was disclosed in a document filed with the SEC, which is accessible through this hyperlink. Also, EVP Diego Scotti sold 3,838 shares of PayPal stock in a transaction that occurred 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 transaction, the executive vice president 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 disclosure for this sale is available in the SEC filing. Insiders have sold a total of 36,156 shares of company stock worth $2,432,524 in the last quarter. Insiders own 0.08% of the company’s stock.

Analyst Upgrades and Downgrades

PYPL has been the subject of a number of research reports. The Goldman Sachs Group increased their price target on PayPal from $70.00 to $72.00 and gave the company a “sell” rating in a research note on Wednesday, October 29th. Royal Bank Of Canada upped their price objective on PayPal from $88.00 to $91.00 and gave the company an “outperform” rating in a report on Tuesday, October 28th. BMO Capital Markets restated a “market perform” rating on shares of PayPal in a report on Tuesday, July 29th. Cowen reaffirmed a “mixed” rating on shares of PayPal in a report on Wednesday, October 29th. Finally, KGI Securities dropped their price target on shares of PayPal from $85.00 to $80.00 in a research report on Monday, November 10th. Fifteen analysts have rated the stock with a Buy rating, eighteen have issued a Hold rating and four have given a Sell rating to the company’s stock. Based on data from MarketBeat, the stock presently has a consensus rating of “Hold” and an average target price of $82.56.

PayPal Stock Down 3.3%

Shares of PayPal stock opened at $58.10 on Friday. PayPal Holdings, Inc. has a 12-month low of $55.85 and a 12-month high of $93.66. The firm has a market capitalization of $54.36 billion, a PE ratio of 11.64, a price-to-earnings-growth ratio of 0.81 and a beta of 1.45. The company has a quick ratio of 1.34, a current ratio of 1.34 and a debt-to-equity ratio of 0.56. The stock’s fifty day moving average is $67.87 and its 200-day moving average is $70.20.

PayPal (NASDAQ:PYPL) last issued its quarterly earnings results on Tuesday, October 28th. The credit services provider reported $1.34 earnings per share for the quarter, topping analysts’ consensus estimates 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%.PayPal’s revenue was up 7.3% on a year-over-year basis. During the same quarter last year, the business posted $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. Equities analysts anticipate that PayPal Holdings, Inc. will post 5.03 earnings per share for the current year.

PayPal Dividend Announcement

The company also recently declared 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 dividend on an annualized basis and a dividend yield of 1.0%. PayPal’s payout ratio is currently 11.22%.

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.