Epoch Investment Partners Inc. Makes New $46.10 Million Investment in PayPal Holdings, Inc. $PYPL

Key Points

• Epoch Investment Partners Inc. has acquired a new stake in PayPal Holdings, purchasing 706,567 shares valued at approximately $46.1 million.
• A substantial number of institutional investors, including Goldman Sachs and Nuveen, have increased their holdings in PayPal, indicating strong institutional interest in the stock.
• PayPal reported earnings of $1.40 per share for the last quarter, surpassing estimates, with analysts forecasting an average target price of $85.00 for the stock.

Epoch Investment Partners Inc. bought a new stake in PayPal Holdings, Inc. (NASDAQ:PYPL - Free Report) in the first quarter, according to its most recent disclosure with the Securities and Exchange Commission. The fund bought 706,567 shares of the credit services provider's stock, valued at approximately $46,103,000. Epoch Investment Partners Inc. owned approximately 0.07% of PayPal at the end of the most recent reporting period.

Other hedge funds and other institutional investors have also added to or reduced their stakes in the company. Allianz SE increased its position in PayPal by 281.8% in the 1st quarter. Allianz SE now owns 30,338 shares of the credit services provider's stock valued at $1,980,000 after buying an additional 22,392 shares in the last quarter. J. Goldman & Co LP increased its position in PayPal by 11.9% in the 4th quarter. J. Goldman & Co LP now owns 261,322 shares of the credit services provider's stock valued at $22,304,000 after buying an additional 27,812 shares in the last quarter. Nuveen LLC bought a new stake in PayPal in the 1st quarter valued at about $529,264,000. Proffitt & Goodson Inc. bought a new stake in PayPal in the 1st quarter valued at about $535,000. Finally, UBS AM a distinct business unit of UBS ASSET MANAGEMENT AMERICAS LLC increased its position in PayPal by 17.1% in the 4th quarter. UBS AM a distinct business unit of UBS ASSET MANAGEMENT AMERICAS LLC now owns 7,634,664 shares of the credit services provider's stock valued at $651,619,000 after buying an additional 1,114,858 shares in the last quarter. 68.32% of the stock is owned by institutional investors.

Analysts Set New Price Targets

PYPL has been the subject of a number of recent research reports. Macquarie reissued an "outperform" rating and set a $95.00 price objective on shares of PayPal in a report on Wednesday, July 30th. Seaport Res Ptn raised PayPal from a "strong sell" rating to a "hold" rating in a report on Monday, July 14th. Truist Financial initiated coverage on PayPal in a report on Monday, June 2nd. They set a "sell" rating and a $68.00 price objective for the company. Needham & Company LLC reissued a "hold" rating on shares of PayPal in a report on Wednesday, April 30th. Finally, Barclays reissued an "overweight" rating on shares of PayPal in a report on Tuesday, July 29th. Seventeen research analysts have rated the stock with a Buy rating, fourteen have issued a Hold rating and two have issued a Sell rating to the stock. According to MarketBeat, the company presently has an average rating of "Hold" and an average target price of $85.00.

Insider Transactions at PayPal

In related news, CAO Chris Natali sold 7,102 shares of the company's stock in a transaction that occurred on Thursday, July 31st. The stock was sold at an average price of $69.35, for a total value of $492,523.70. The transaction was disclosed in a filing with the SEC, which is available at this hyperlink. Also, Director Deborah M. Messemer sold 3,795 shares of the company's stock in a transaction that occurred on Friday, June 6th. The shares were sold at an average price of $73.00, for a total value of $277,035.00. Following the completion of the transaction, the director owned 13,976 shares in the company, valued at approximately $1,020,248. The trade was a 21.36% decrease in their position. The disclosure for this sale can be found here. Insiders have sold a total of 26,898 shares of company stock worth $1,909,636 in the last ninety days. Company insiders own 0.08% of the company's stock.

PayPal Stock Performance

Shares of PYPL stock traded up $0.41 during trading on Thursday, hitting $70.06. The company's stock had a trading volume of 5,875,974 shares, compared to its average volume of 10,277,468. The company has a market cap of $66.93 billion, a PE ratio of 14.97, a P/E/G ratio of 1.08 and a beta of 1.42. The company has a current ratio of 1.33, a quick ratio of 1.33 and a debt-to-equity ratio of 0.56. The business has a fifty day moving average of $72.05 and a 200-day moving average of $70.08. PayPal Holdings, Inc. has a 52 week low of $55.85 and a 52 week high of $93.66.

PayPal (NASDAQ:PYPL - Get Free Report) last released its earnings results on Tuesday, July 29th. The credit services provider reported $1.40 earnings per share (EPS) for the quarter, beating the consensus estimate of $1.30 by $0.10. The company had revenue of $8.29 billion during the quarter, compared to analyst estimates of $8.08 billion. PayPal had a return on equity of 25.35% and a net margin of 14.49%.During the same period in the prior year, the company posted $1.19 earnings per share. PayPal has set its Q3 2025 guidance at 1.180-1.220 EPS. FY 2025 guidance at 5.150-5.300 EPS. As a group, research analysts anticipate that PayPal Holdings, Inc. will post 5.03 earnings per share for the current year.

PayPal Profile

PayPal Holdings, Inc operates a technology platform that enables digital payments on behalf of merchants and consumers worldwide. It operates a two-sided network at scale that connects merchants and consumers that enables its customers to connect, transact, and send and receive payments through online and in person, as well as transfer and withdraw funds using various funding sources, such as bank accounts, PayPal or Venmo account balance, PayPal and Venmo branded credit products comprising its installment products, credit and debit cards, and cryptocurrencies, as well as other stored value products, including gift cards and eligible rewards.