Hardman Johnston Global Advisors LLC Increases Stock Position in PayPal Holdings, Inc. $PYPL

Key Points

• Hardman Johnston Global Advisors LLC increased its holdings in PayPal by 3.3%, acquiring an additional 12,250 shares, bringing its total to 388,499 shares valued at roughly $28.87 million.
• PayPal's recent quarterly earnings surpassed analyst expectations, reporting $1.40 earnings per share on a revenue of $8.29 billion, which is above the expected $8.08 billion.
• Institutional investors own 68.32% of PayPal's stock, highlighting strong institutional interest in the company.

Hardman Johnston Global Advisors LLC lifted its holdings in shares of PayPal Holdings, Inc. (NASDAQ:PYPL - Free Report) by 3.3% during the second quarter, according to its most recent 13F filing with the Securities and Exchange Commission. The institutional investor owned 388,499 shares of the credit services provider's stock after buying an additional 12,250 shares during the quarter. PayPal comprises 1.3% of Hardman Johnston Global Advisors LLC's investment portfolio, making the stock its 26th biggest position. Hardman Johnston Global Advisors LLC's holdings in PayPal were worth $28,873,000 as of its most recent SEC filing.

Other hedge funds and other institutional investors have also bought and sold shares of the company. Evermay Wealth Management LLC grew its position in shares of PayPal by 726.0% in the first quarter. Evermay Wealth Management LLC now owns 413 shares of the credit services provider's stock valued at $27,000 after purchasing an additional 363 shares in the last quarter. Garde Capital Inc. bought a new position in PayPal in the 1st quarter worth about $28,000. Tsfg LLC boosted its stake in PayPal by 81.6% in the 1st quarter. Tsfg LLC now owns 445 shares of the credit services provider's stock worth $29,000 after purchasing an additional 200 shares during the period. Gordian Capital Singapore Pte Ltd boosted its stake in PayPal by 41.2% in the 1st quarter. Gordian Capital Singapore Pte Ltd now owns 473 shares of the credit services provider's stock worth $31,000 after purchasing an additional 138 shares during the period. Finally, Crewe Advisors LLC lifted its holdings in shares of PayPal by 1,461.8% in the first quarter. Crewe Advisors LLC now owns 531 shares of the credit services provider's stock worth $35,000 after buying an additional 497 shares in the last quarter. Institutional investors own 68.32% of the company's stock.

PayPal Trading Up 3.4%

Shares of PYPL opened at $68.93 on Friday. The firm has a market cap of $65.85 billion, a price-to-earnings ratio of 14.73, a PEG ratio of 1.03 and a beta of 1.44. The company has a debt-to-equity ratio of 0.56, a quick ratio of 1.33 and a current ratio of 1.33. PayPal Holdings, Inc. has a fifty-two week low of $55.85 and a fifty-two week high of $93.66. The firm has a 50 day moving average price of $68.85 and a 200-day moving average price of $69.31.

PayPal (NASDAQ:PYPL - Get Free Report) last announced its quarterly earnings data on Tuesday, July 29th. The credit services provider reported $1.40 earnings per share for the quarter, topping analysts' consensus estimates of $1.30 by $0.10. The firm had revenue of $8.29 billion during the quarter, compared to analyst estimates of $8.08 billion. PayPal had a net margin of 14.49% and a return on equity of 25.35%. During the same period in the previous year, the business posted $1.19 EPS. 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, equities research analysts forecast that PayPal Holdings, Inc. will post 5.03 earnings per share for the current year.

Insider Activity

In other news, EVP Diego Scotti sold 3,838 shares of the firm's stock in a transaction dated Thursday, July 31st. The stock was sold at an average price of $69.12, for a total transaction of $265,282.56. Following the transaction, the executive vice president directly owned 16,989 shares of the company's stock, valued at approximately $1,174,279.68. This trade represents a 18.43% decrease in their ownership of the stock. The sale was disclosed in a filing with the Securities & Exchange Commission, which can be accessed through this hyperlink. Also, CAO Chris Natali sold 7,102 shares of the stock in a transaction dated Thursday, July 31st. The shares were sold at an average price of $69.35, for a total value of $492,523.70. The disclosure for this sale can be found here. Over the last three months, insiders have sold 15,102 shares of company stock valued at $1,046,607. 0.08% of the stock is currently owned by insiders.

Wall Street Analyst Weigh In

A number of equities research analysts have recently issued reports on the stock. Morgan Stanley reissued a "positive" rating on shares of PayPal in a report on Wednesday, July 30th. Barclays restated an "overweight" rating on shares of PayPal in a research report on Tuesday, July 29th. Piper Sandler set a $74.00 price target on shares of PayPal in a research report on Tuesday, July 29th. Rothschild & Co Redburn lifted their price objective on PayPal from $66.00 to $70.00 and gave the company a "neutral" rating in a research note on Tuesday, September 16th. Finally, JMP Securities dropped their price objective on PayPal from $110.00 to $100.00 and set a "market outperform" rating for the company in a research note on Wednesday, July 30th. Seventeen investment analysts have rated the stock with a Buy rating, fourteen have issued a Hold rating and two have issued a Sell rating to the company's stock. According to MarketBeat, the stock has an average rating of "Hold" and a consensus price target of $84.50.

About PayPal

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.

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