Popular (NASDAQ:BPOP) Price Target Raised to $164.00 at Truist Financial

Popular (NASDAQ:BPOP) had its price objective increased by stock analysts at Truist Financial from $153.00 to $164.00 in a research report issued to clients and investors on Thursday,Benzinga reports. The firm presently has a “buy” rating on the bank’s stock. Truist Financial’s target price would indicate a potential upside of 24.40% from the stock’s current price.

Other equities analysts also recently issued research reports about the company. Citigroup reiterated a “buy” rating on shares of Popular in a research report on Thursday. UBS Group reaffirmed a “neutral” rating on shares of Popular in a report on Tuesday, January 6th. Royal Bank Of Canada upped their price target on shares of Popular from $137.00 to $141.00 and gave the stock an “outperform” rating in a research report on Wednesday. Piper Sandler began coverage on shares of Popular in a research report on Thursday, January 15th. They issued an “overweight” rating and a $152.00 price objective for the company. Finally, Zacks Research downgraded shares of Popular from a “strong-buy” rating to a “hold” rating in a research note on Wednesday, December 10th. Nine investment analysts have rated the stock with a Buy rating and two have given a Hold rating to the company. According to data from MarketBeat, Popular currently has an average rating of “Moderate Buy” and an average target price of $152.11.

Popular Trading Up 0.2%

BPOP stock traded up $0.29 during trading on Thursday, hitting $131.83. 123,915 shares of the stock traded hands, compared to its average volume of 551,693. The stock has a market cap of $8.79 billion, a price-to-earnings ratio of 11.65, a P/E/G ratio of 0.55 and a beta of 0.63. Popular has a one year low of $78.23 and a one year high of $134.13. The company has a 50 day simple moving average of $122.85 and a 200 day simple moving average of $120.40.

Popular (NASDAQ:BPOP) last issued its quarterly earnings data on Tuesday, January 27th. The bank reported $3.38 earnings per share for the quarter, topping the consensus estimate of $3.02 by $0.36. Popular had a net margin of 18.75% and a return on equity of 13.87%. The firm had revenue of $815.98 million for the quarter, compared to analysts’ expectations of $811.55 million. During the same period in the prior year, the firm earned $2.51 earnings per share. As a group, analysts predict that Popular will post 10.06 earnings per share for the current fiscal year.

Insider Buying and Selling

In other Popular news, Director Richard L. Carrion sold 25,000 shares of Popular stock in a transaction 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. The trade was a 11.47% decrease in their position. The transaction was disclosed in a legal filing with the Securities & Exchange Commission, which is accessible through the SEC website. Also, VP Adorno Denissa Rodriguez sold 1,000 shares of the company’s stock in a transaction on Friday, November 21st. The shares were sold at an average price of $114.84, for a total transaction of $114,840.00. Following the sale, the vice president owned 2,604 shares of the company’s stock, valued at $299,043.36. The trade was a 27.75% decrease in their position. The disclosure for this sale is available in the SEC filing. 2.23% of the stock is currently owned by company insiders.

Hedge Funds Weigh In On Popular

A number of hedge funds and other institutional investors have recently added to or reduced their stakes in the stock. Royal Bank of Canada raised its position in shares of Popular by 23.1% in the 1st quarter. Royal Bank of Canada now owns 94,352 shares of the bank’s stock valued at $8,715,000 after acquiring an additional 17,729 shares during the period. Dynamic Technology Lab Private Ltd bought a new stake in Popular in the first quarter valued at approximately $257,000. Goldman Sachs Group Inc. increased its stake in Popular by 60.6% in the first quarter. Goldman Sachs Group Inc. now owns 223,530 shares of the bank’s stock valued at $20,647,000 after purchasing an additional 84,327 shares in the last quarter. Focus Partners Wealth acquired a new stake in Popular in the first quarter worth $207,000. Finally, Sivia Capital Partners LLC bought a new position in shares of Popular during the second quarter worth $252,000. Institutional investors own 87.27% of the company’s stock.

Popular News Summary

Here are the key news stories impacting Popular this week:

• Positive Sentiment: Q4 earnings beat — Popular reported $3.38 EPS vs. $3.02 consensus and revenue slightly above expectations; management cited higher net interest income, fee growth and rising loan balances as key drivers. Popular Stock Gains 6.3% as Q4 Earnings Beat on Higher NII
• Positive Sentiment: Analyst upgrade/price-target lift — Hovde Group raised its price target to $176 and maintained an “outperform” view, implying substantial upside versus current levels; this boosts investor confidence in forward upside. (Hovde announcement)
• Positive Sentiment: Operational momentum — Company commentary and analyst write-ups highlight loan growth, improved efficiency initiatives and solid net income growth that underpin the beat and support earnings leverage going forward. BPOP Q4 Deep Dive: Loan Growth, Deposit Trends, and Efficiency Initiatives Shape Outlook
• Neutral Sentiment: Earnings materials available — The company released its Q4 presentation and full earnings-call transcript; useful for modeling but largely confirm the points above. Popular, Inc. 2025 Q4 – Results – Earnings Call Presentation Q4 2025 Earnings Call Transcript
• Neutral Sentiment: Media coverage and investor notes — Multiple outlets summarized the beat and call; these provide color but no new surprises beyond management’s commentary. Popular tops Q4 EPS by 50c, shares edge higher
• Neutral Sentiment: Unrelated sector story — A Financial Post piece on DIY “plug‑in” solar mentions a product called “Popular” in Germany but is unrelated to Popular, Inc. and unlikely to affect BPOP fundamentals. To Lower Electricity Costs, Consumers Quietly Install DIY Solar
• Negative Sentiment: Outlook tempered — Management flagged a cautious near-term outlook on the earnings call; while results were strong, conservative guidance can limit immediate upside and keep multiple expansion in check. Popular Inc Earnings Call: Profits Up, Outlook Tempered
• Negative Sentiment: Light trading volume — Intraday volume has been well below average, which can exaggerate moves and reduce liquidity for larger positions; investors should watch volume and follow‑through before changing conviction. (Market trading data)

Popular Company Profile

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.