Lombard Odier Asset Management Switzerland SA lowered its position in shares of PayPal Holdings, Inc. (NASDAQ:PYPL – Free Report) by 68.9% during the first quarter, HoldingsChannel reports. The fund owned 13,879 shares of the credit services provider’s stock after selling 30,683 shares during the quarter. Lombard Odier Asset Management Switzerland SA’s holdings in PayPal were worth $628,000 at the end of the most recent reporting period.
A number of other institutional investors and hedge funds have also bought and sold shares of the company. Vanguard Group Inc. grew its holdings in shares of PayPal by 6.5% during the fourth quarter. Vanguard Group Inc. now owns 90,376,927 shares of the credit services provider’s stock worth $5,276,205,000 after purchasing an additional 5,534,462 shares during the last quarter. Rule One Partners LLC bought a new position in PayPal in the 4th quarter valued at approximately $2,043,000. Step Capital Management Pte. Ltd. bought a new position in PayPal in the 4th quarter valued at approximately $6,130,000. Swiss National Bank boosted its position in PayPal by 4.9% during the 1st quarter. Swiss National Bank now owns 2,608,600 shares of the credit services provider’s stock worth $117,987,000 after buying an additional 121,400 shares during the period. Finally, Easterly Investment Partners LLC boosted its position in PayPal by 705.2% during the 4th quarter. Easterly Investment Partners LLC now owns 100,651 shares of the credit services provider’s stock worth $5,876,000 after buying an additional 88,151 shares during the period. Institutional investors and hedge funds own 68.32% of the company’s stock.
Key PayPal News
Here are the key news stories impacting PayPal this week:
- Positive Sentiment: Q2 results exceeded expectations: Adjusted earnings reached $1.38 per share versus the $1.28 consensus, while revenue rose 4.8% year over year to $8.68 billion, ahead of the $8.47 billion estimate. PayPal’s Q2 Earnings Beat Estimates on TPV & Revenue Growth
- Positive Sentiment: Payment activity remained healthy: Total payment volume increased 10% to $486.4 billion, payment transactions rose 8% to 6.8 billion, and growth at Venmo and Braintree supported the quarter. PayPal also generated $1.8 billion in free cash flow and repurchased approximately 33 million shares. PayPal Q2 revenue rises 5% to $8.7 billion
- Positive Sentiment: Full-year outlook was raised: PayPal now expects 2026 adjusted EPS of approximately $5.38, improving investor confidence that cost reductions and the turnaround under CEO Enrique Lores are beginning to take hold. PayPal presses with turnaround as sale questions linger
- Neutral Sentiment: Takeover speculation remains a catalyst: Management provided no definitive update on reported interest from Stripe and Advent International. PayPal appears open to a higher offer than the reported roughly $53 billion proposal, leaving potential deal-related upside but also uncertainty. PayPal leaves the door open to a higher takeover offer
- Negative Sentiment: Profitability and near-term growth remain concerns: Higher investments weighed on margins, GAAP net income declined year over year, and branded checkout growth was only about 2%. Investors also viewed third-quarter guidance as soft, while analysts maintained Hold ratings pending stronger checkout momentum and evidence that cost savings can offset competitive pressure. PayPal delivers Q2 earnings beat but soft Q3 guidance
Insider Buying and Selling at PayPal
Analyst Ratings Changes
A number of equities research analysts have weighed in on the stock. Cantor Fitzgerald reissued a “neutral” rating on shares of PayPal in a report on Thursday, July 16th. UBS Group lowered shares of PayPal from a “neutral” rating to a “hold” rating in a report on Tuesday. Truist Financial raised shares of PayPal from a “sell” rating to a “hold” rating and boosted their price objective for the stock from $44.00 to $57.00 in a research note on Friday, July 24th. Clear Str upgraded PayPal to a “hold” rating in a report on Thursday, July 16th. Finally, Deutsche Bank Aktiengesellschaft reaffirmed a “hold” rating on shares of PayPal in a research report on Wednesday. Ten analysts have rated the stock with a Buy rating, thirty-three have issued a Hold rating and four have given a Sell rating to the company’s stock. According to MarketBeat, the company currently has a consensus rating of “Hold” and a consensus target price of $55.01.
Read Our Latest Report on PayPal
PayPal Stock Performance
NASDAQ:PYPL opened at $58.32 on Wednesday. The company has a debt-to-equity ratio of 0.47, a quick ratio of 1.26 and a current ratio of 1.26. PayPal Holdings, Inc. has a fifty-two week low of $38.46 and a fifty-two week high of $79.21. The company has a 50 day simple moving average of $46.22 and a two-hundred day simple moving average of $47.02. The company has a market capitalization of $51.44 billion, a PE ratio of 10.94, a P/E/G ratio of 1.40 and a beta of 1.33.
PayPal (NASDAQ:PYPL – Get Free Report) last issued its quarterly earnings results on Tuesday, July 28th. The credit services provider reported $1.38 earnings per share (EPS) for the quarter, topping analysts’ consensus estimates of $1.28 by $0.10. PayPal had a net margin of 15.00% and a return on equity of 25.02%. The firm had revenue of $8.68 billion for the quarter, compared to the consensus estimate of $8.47 billion. During the same quarter in the previous year, the company earned $1.40 EPS. The company’s revenue for the quarter was up 4.8% on a year-over-year basis. Research analysts anticipate that PayPal Holdings, Inc. will post 5.32 earnings per share for the current year.
PayPal Dividend Announcement
The company also recently announced a quarterly dividend, which was paid on Thursday, June 25th. Investors of record on Thursday, June 4th were paid a dividend of $0.14 per share. This represents a $0.56 dividend on an annualized basis and a yield of 1.0%. The ex-dividend date of this dividend was Thursday, June 4th. PayPal’s dividend payout ratio (DPR) is currently 10.51%.
PayPal Company Profile
PayPal Holdings, Inc operates a global digital payments platform that enables consumers and merchants to send and receive payments online, on mobile devices and at the point of sale. The company provides a broad set of payment solutions, including a digital wallet, merchant payment processing, checkout services, invoicing and fraud-management tools. PayPal’s platform is designed to support e-commerce, in-person retail and person-to-person transfers, targeting both individual consumers and businesses of varying sizes.
Key products and services in PayPal’s portfolio include the PayPal wallet and checkout ecosystem, the Venmo peer-to-peer mobile app, Braintree’s developer-focused payment gateway, Xoom for international money transfers, and PayPal Credit and buy-now-pay-later options.
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