Caxton Associates LLP Raises Stock Holdings in Popular, Inc. $BPOP

Caxton Associates LLP raised its holdings in Popular, Inc. (NASDAQ:BPOP) by 31.4% during the 1st quarter, Holdings Channel reports. The firm owned 15,942 shares of the bank’s stock after buying an additional 3,814 shares during the quarter. Caxton Associates LLP’s holdings in Popular were worth $2,139,000 at the end of the most recent reporting period.

Other institutional investors and hedge funds have also made changes to their positions in the company. Royal Bank of Canada lifted its position in shares of Popular by 23.1% during the 1st quarter. Royal Bank of Canada now owns 94,352 shares of the bank’s stock valued at $8,715,000 after buying an additional 17,729 shares in the last quarter. Dynamic Technology Lab Private Ltd acquired a new stake in Popular in the 1st quarter valued at $257,000. Goldman Sachs Group Inc. increased its holdings in Popular by 60.6% in the 1st quarter. Goldman Sachs Group Inc. now owns 223,530 shares of the bank’s stock worth $20,647,000 after acquiring an additional 84,327 shares in the last quarter. Focus Partners Wealth purchased a new stake in Popular in the 1st quarter worth $207,000. Finally, Sivia Capital Partners LLC acquired a new position in Popular during the second quarter worth $252,000. 87.27% of the stock is currently owned by hedge funds and other institutional investors.

Insiders Place Their Bets

In other news, EVP Maria Cristin Gonzalez-Noguera sold 6,200 shares of the business’s stock in a transaction that occurred on Friday, May 1st. The stock was sold at an average price of $148.51, for a total transaction of $920,762.00. Following the transaction, the executive vice president directly owned 11,255 shares in the company, valued at $1,671,480.05. The trade was a 35.52% decrease in their position. The sale was disclosed in a document filed with the SEC, which is available at this hyperlink. Also, Director Alejandro M. Sanchez sold 300 shares of the company’s stock in a transaction that occurred on Friday, May 22nd. The shares were sold at an average price of $150.36, for a total value of $45,108.00. Following the completion of the sale, the director owned 3,960 shares of the company’s stock, valued at $595,425.60. This trade represents a 7.04% decrease in their ownership of the stock. The disclosure for this sale is available in the SEC filing. Insiders have sold 29,500 shares of company stock valued at $4,415,870 in the last ninety days. 2.13% of the stock is currently owned by corporate insiders.

Popular Stock Up 0.5%

Popular stock opened at $171.73 on Friday. The company has a fifty day simple moving average of $160.90 and a 200-day simple moving average of $146.05. The firm has a market capitalization of $11.08 billion, a price-to-earnings ratio of 11.60, a PEG ratio of 0.92 and a beta of 0.61. Popular, Inc. has a 52-week low of $108.74 and a 52-week high of $175.12.

Popular (NASDAQ:BPOP) last posted its quarterly earnings results on Thursday, July 23rd. The bank reported $4.35 earnings per share for the quarter, topping the consensus estimate of $3.72 by $0.63. The firm had revenue of $846.92 million for the quarter, compared to the consensus estimate of $878.41 million. Popular had a net margin of 21.37% and a return on equity of 15.47%. During the same period last year, the firm posted $3.09 earnings per share. On average, research analysts anticipate that Popular, Inc. will post 15.05 EPS for the current fiscal year.

Popular Announces Dividend

The firm also recently disclosed a quarterly dividend, which was paid on Wednesday, July 1st. Shareholders of record on Friday, May 29th were issued a $0.75 dividend. The ex-dividend date was Friday, May 29th. This represents a $3.00 dividend on an annualized basis and a yield of 1.7%. Popular’s dividend payout ratio is presently 20.27%.

Key Popular News

Here are the key news stories impacting Popular this week:

• Positive Sentiment: Popular beat Q2 EPS estimates, with stronger net interest income, fee income, and loan/deposit growth, while lower expenses supported profitability; management also planned a 20% dividend increase. Popular Q2 Earnings Beat on NII & Fee Income, Dividend Hike Planned
• Positive Sentiment: Several brokerages raised price targets after the earnings release, including Benchmark to $214, KBW to $207, and Truist to $197, signaling upgraded confidence in the bank’s outlook.
• Positive Sentiment: Other post-earnings coverage highlighted robust operating momentum and strong financial performance, reinforcing the view that Popular’s core banking trends remain healthy. Popular Inc (BPOP) Q2 2026 Earnings Call Highlights
• Neutral Sentiment: One article noted the stock looks reasonable on earnings but stretched on returns, suggesting the valuation is not cheap despite the improved fundamentals. Popular (BPOP) Stock Looks Reasonable On Earnings But Stretched On Returns
• Neutral Sentiment: The company also announced capital actions and a leadership transition, including CEO retirement plans, which investors may view as a longer-term governance update rather than an immediate earnings driver. Popular unveils capital plan and leadership transition

Wall Street Analyst Weigh In

Several analysts have recently issued reports on the stock. Barclays lifted their target price on shares of Popular from $185.00 to $190.00 and gave the company an “overweight” rating in a research report on Friday. Benchmark upped their price target on shares of Popular from $201.00 to $214.00 and gave the stock a “buy” rating in a research report on Friday. Truist Financial lifted their price objective on Popular from $192.00 to $197.00 and gave the stock a “buy” rating in a report on Friday. Keefe, Bruyette & Woods boosted their price objective on Popular from $190.00 to $207.00 and gave the stock an “outperform” rating in a research note on Friday. Finally, Citigroup increased their target price on Popular from $178.00 to $188.00 and gave the company a “buy” rating in a report on Thursday, June 25th. One analyst has rated the stock with a Strong Buy rating, eleven have assigned a Buy rating and one has given a Hold rating to the company’s stock. According to MarketBeat, the company has a consensus rating of “Buy” and a consensus target price of $184.42.

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.