Assenagon Asset Management S.A. Increases Position in PayPal Holdings, Inc. $PYPL

Key Points

• Assenagon Asset Management increased its PayPal position by 50.8% in the second quarter, bringing its holdings to 163,691 shares valued at approximately $7.1 million. Institutional investors collectively own 68.32% of PayPal’s stock.
• PayPal exceeded quarterly expectations, reporting adjusted EPS of $1.38 versus the $1.28 consensus and revenue of $8.68 billion, up 4.8% year over year. The company also announced a quarterly dividend of $0.14 per share.
• Analyst sentiment remains mixed: nine analysts rate the stock a Buy, 34 rate it Hold and four rate it Sell, producing an overall Hold rating and an average price target of $55.72.

Assenagon Asset Management S.A. grew its holdings in shares of PayPal Holdings, Inc. (NASDAQ:PYPL - Free Report) by 50.8% during the second quarter, according to the company in its most recent disclosure with the SEC. The fund owned 163,691 shares of the credit services provider's stock after buying an additional 55,112 shares during the quarter. Assenagon Asset Management S.A.'s holdings in PayPal were worth $7,068,000 at the end of the most recent reporting period.

Other hedge funds and other institutional investors have also recently modified their holdings of the company. Brighton Jones LLC grew its holdings in shares of PayPal by 15.2% in the fourth quarter. Brighton Jones LLC now owns 6,989 shares of the credit services provider's stock worth $596,000 after purchasing an additional 924 shares during the last quarter. Revolve Wealth Partners LLC bought a new stake in PayPal during the 4th quarter valued at about $248,000. Sivia Capital Partners LLC boosted its position in PayPal by 41.5% in the 2nd quarter. Sivia Capital Partners LLC now owns 4,470 shares of the credit services provider's stock valued at $332,000 after buying an additional 1,310 shares during the period. United Bank boosted its position in PayPal by 40.1% in the 2nd quarter. United Bank now owns 17,388 shares of the credit services provider's stock valued at $1,292,000 after buying an additional 4,974 shares during the period. Finally, Federated Hermes Inc. grew its stake in PayPal by 17.9% in the 2nd quarter. Federated Hermes Inc. now owns 18,909 shares of the credit services provider's stock worth $1,405,000 after acquiring an additional 2,865 shares in the last quarter. 68.32% of the stock is currently owned by hedge funds and other institutional investors.

PayPal Stock Performance

Shares of PayPal stock opened at $59.00 on Wednesday. The company has a market capitalization of $50.47 billion, a PE ratio of 11.15, a P/E/G ratio of 1.44 and a beta of 1.29. The company has a debt-to-equity ratio of 0.55, a quick ratio of 1.29 and a current ratio of 1.29. The company has a 50-day simple moving average of $49.03 and a two-hundred day simple moving average of $47.13. PayPal Holdings, Inc. has a one year low of $38.46 and a one year high of $79.21.

PayPal (NASDAQ:PYPL - Get Free Report) last released its quarterly earnings results on Tuesday, July 28th. The credit services provider reported $1.38 earnings per share for the quarter, beating analysts' consensus estimates of $1.28 by $0.10. PayPal had a net margin of 14.36% and a return on equity of 24.39%. The business had revenue of $8.68 billion for the quarter, compared to analysts' expectations of $8.47 billion. During the same period last year, the business earned $1.40 EPS. The company's revenue was up 4.8% compared to the same quarter last year. Research analysts expect that PayPal Holdings, Inc. will post 5.37 EPS for the current fiscal year.

PayPal Dividend Announcement

The company also recently announced a quarterly dividend, which will be paid on Friday, September 25th. Shareholders of record on Friday, September 4th will be paid a $0.14 dividend. This represents a $0.56 annualized dividend and a yield of 0.9%. The ex-dividend date is Friday, September 4th. PayPal's dividend payout ratio (DPR) is 10.59%.

Wall Street Analyst Weigh In

A number of equities analysts have recently commented on PYPL shares. Mizuho raised their target price on shares of PayPal from $50.00 to $60.00 and gave the stock a "neutral" rating in a research report on Wednesday, July 29th. Royal Bank Of Canada boosted their price target on PayPal from $59.00 to $65.00 and gave the company an "outperform" rating in a report on Wednesday, July 29th. TD Cowen increased their price objective on PayPal from $48.00 to $59.00 and gave the stock a "hold" rating in a research note on Wednesday, July 29th. HSBC assumed coverage on PayPal in a report on Friday, July 24th. They set a "buy" rating on the stock. Finally, Citigroup lifted their target price on PayPal from $48.00 to $61.00 and gave the company a "neutral" rating in a research report on Wednesday, July 29th. Nine investment analysts have rated the stock with a Buy rating, thirty-four have assigned a Hold rating and four have given a Sell rating to the stock. Based on data from MarketBeat, the stock has an average rating of "Hold" and an average target price of $55.72.

Trending Headlines about PayPal

Here are the key news stories impacting PayPal this week:

• Positive Sentiment: Strong quarterly results support the recovery story. PayPal reported second-quarter 2026 sales of approximately $8.68 billion and net income of $1.10 billion. Its prior earnings release showed adjusted EPS of $1.38, above the $1.28 consensus estimate, while revenue also exceeded expectations and increased 4.8% year over year. Is PayPal Holdings Undervalued After Earnings and Its Recent Share Price Jump?
• Positive Sentiment: Analyst upgrades and valuation appeal are attracting buyers. PayPal was among the most-upgraded stocks in July, with the upgrades attributed to its earnings performance and a reported buyout offer. The stock’s relatively low valuation—approximately 11 times earnings based on the supplied data—may also be encouraging investors after its recent gains. These 3 Most-Upgraded Stocks Have Almost Nothing to Do With AI
• Positive Sentiment: PayPal expanded its credit-card financing reach. A partnership with Synchrony now makes six-month promotional financing available to eligible PayPal Credit Card holders for purchases of at least $149 across the Mastercard network, both online and in stores. Broader usage could support transaction volume and customer engagement, although it also carries credit and execution risks. Synchrony and PayPal Bring Special Financing to the Entire Mastercard Network
• Neutral Sentiment: M&A speculation remains an important but unconfirmed catalyst. Jim Cramer cited market reaction to a reported private-fintech buyout proposal and highlighted perceived operational improvements under CEO Enrique Lores. No completed transaction or definitive offer was reported, leaving the potential catalyst—and its premium—uncertain. Jim Cramer Examines PayPal Holdings Performance and M&A Speculation
• Neutral Sentiment: Short-interest data is not usable. The reported August figure of zero shares and a “NaN” percentage change conflicts with the description of a large increase, so it provides no reliable signal about short-covering or bearish positioning.

Insiders Place Their Bets

In other news, insider Suzan Kereere sold 3,379 shares of the stock in a transaction on Wednesday, June 3rd. The stock was sold at an average price of $42.79, for a total transaction of $144,587.41. Following the completion of the sale, the insider owned 30,983 shares in the company, valued at approximately $1,325,762.57. This represents a 9.83% decrease in their position. The sale was disclosed in a document filed with the SEC, which is accessible through this hyperlink. The transaction was executed under a pre-arranged Rule 10b5-1 trading plan. Also, CAO Chris Natali sold 1,337 shares of the firm's stock in a transaction on Wednesday, July 29th. The stock was sold at an average price of $58.10, for a total value of $77,679.70. Following the completion of the sale, the chief accounting officer directly owned 2,216 shares of the company's stock, valued at $128,749.60. The trade was a 37.63% decrease in their position. The SEC filing for this sale provides additional information. The transaction was executed under a pre-arranged Rule 10b5-1 trading plan. Over the last three months, insiders have sold 10,612 shares of company stock valued at $484,534. 0.63% of the stock is currently owned by insiders.

About PayPal

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.

This instant news alert was generated by narrative science technology and financial data from MarketBeat in order to provide readers with the fastest reporting and unbiased coverage. Please send any questions or comments about this story to contact@marketbeat.com.

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