State of Wyoming Makes New Investment in Popular, Inc. $BPOP

State of Wyoming bought a new stake in shares of Popular, Inc. (NASDAQ:BPOP) during the 1st quarter, according to its most recent Form 13F filing with the SEC. The fund bought 3,100 shares of the bank’s stock, valued at approximately $416,000.

Other hedge funds also recently modified their holdings of the company. Parallel Advisors LLC grew its holdings in shares of Popular by 30.5% during the first quarter. Parallel Advisors LLC now owns 321 shares of the bank’s stock valued at $43,000 after buying an additional 75 shares in the last quarter. California Public Employees Retirement System lifted its stake in Popular by 10.3% in the 1st quarter. California Public Employees Retirement System now owns 151,499 shares of the bank’s stock worth $20,327,000 after acquiring an additional 14,157 shares in the last quarter. Kera Capital Partners Inc. boosted its position in Popular by 11.8% during the 1st quarter. Kera Capital Partners Inc. now owns 2,472 shares of the bank’s stock worth $332,000 after acquiring an additional 260 shares during the period. Copeland Capital Management LLC acquired a new stake in Popular during the 1st quarter worth about $899,000. Finally, Allspring Global Investments Holdings LLC grew its stake in Popular by 287.7% during the 1st quarter. Allspring Global Investments Holdings LLC now owns 172,993 shares of the bank’s stock valued at $23,603,000 after acquiring an additional 128,377 shares in the last quarter. Hedge funds and other institutional investors own 87.27% of the company’s stock.

Insiders Place Their Bets

In other Popular 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 shares were sold at an average price of $148.51, for a total value of $920,762.00. Following the completion of the sale, the executive vice president directly owned 11,255 shares of the company’s stock, valued at $1,671,480.05. The trade was a 35.52% decrease in their ownership of the stock. The transaction was disclosed in a legal filing with the SEC, which is available at this hyperlink. Also, Director Alejandro M. Sanchez sold 300 shares of the stock in a transaction on Friday, May 22nd. The stock was sold at an average price of $150.36, for a total transaction of $45,108.00. Following the transaction, the director owned 3,960 shares in the company, valued at approximately $595,425.60. This trade represents a 7.04% decrease in their position. The disclosure for this sale is available in the SEC filing. Insiders sold 29,500 shares of company stock valued at $4,415,870 over the last ninety days. Corporate insiders own 2.13% of the company’s stock.

Key Headlines Impacting Popular

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

Analyst Upgrades and Downgrades

BPOP has been the subject of a number of research analyst reports. UBS Group increased their price target on shares of Popular from $160.00 to $170.00 and gave the stock a “buy” rating in a research report on Friday, April 24th. Zacks Research lowered shares of Popular from a “strong-buy” rating to a “hold” rating in a research note on Monday, April 6th. Weiss Ratings upgraded shares of Popular from a “buy (b+)” rating to a “buy (a-)” rating in a research report on Monday, May 4th. Keefe, Bruyette & Woods lifted their target price on shares of Popular from $190.00 to $207.00 and gave the company an “outperform” rating in a research note on Friday. Finally, Wells Fargo & Company lifted their target price on shares of Popular from $165.00 to $180.00 and gave the company an “overweight” rating in a research note on Monday, July 6th. One equities research analyst has rated the stock with a Strong Buy rating, eleven have given a Buy rating and one has assigned a Hold rating to the company. According to data from MarketBeat, the stock has a consensus rating of “Buy” and a consensus price target of $184.42.

Popular Price Performance

BPOP opened at $171.73 on Monday. Popular, Inc. has a fifty-two week low of $108.74 and a fifty-two week high of $175.12. The business has a 50-day moving average of $160.90 and a 200-day moving average of $146.17. The company has a market capitalization of $11.08 billion, a PE ratio of 11.60, a price-to-earnings-growth ratio of 0.92 and a beta of 0.61.

Popular (NASDAQ:BPOP) last announced its quarterly earnings results on Thursday, July 23rd. The bank reported $4.35 earnings per share (EPS) for the quarter, beating the consensus estimate of $3.72 by $0.63. Popular had a return on equity of 15.47% and a net margin of 21.37%.The business had revenue of $846.92 million during the quarter, compared to analyst estimates of $878.41 million. During the same period in the previous year, the company earned $3.09 EPS. On average, equities research analysts expect that Popular, Inc. will post 15.2 earnings per share for the current fiscal year.

Popular Dividend Announcement

The firm also recently announced a quarterly dividend, which was paid on Wednesday, July 1st. Shareholders of record on Friday, May 29th were paid 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 payout ratio is 20.27%.

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.