eBay Inc. $EBAY is Independent Franchise Partners LLP's 5th Largest Position

Key Points

• Independent Franchise Partners LLP increased its holdings in eBay by 4.6%, raising their total shares to 11,689,267 after acquiring an additional 510,629 shares.
• eBay reported $1.37 EPS for the last quarter, exceeding estimates of $1.30, with a total revenue of $2.73 billion.
• The company announced a quarterly dividend of $0.29 per share, scheduled for payment on September 12th, reflecting an annualized yield of 1.2%.

Independent Franchise Partners LLP increased its stake in eBay Inc. (NASDAQ:EBAY - Free Report) by 4.6% during the first quarter, according to the company in its most recent disclosure with the Securities and Exchange Commission (SEC). The firm owned 11,689,267 shares of the e-commerce company's stock after acquiring an additional 510,629 shares during the quarter. eBay comprises 5.6% of Independent Franchise Partners LLP's holdings, making the stock its 5th largest holding. Independent Franchise Partners LLP owned about 2.54% of eBay worth $791,714,000 as of its most recent filing with the Securities and Exchange Commission (SEC).

Other institutional investors and hedge funds have also added to or reduced their stakes in the company. Price T Rowe Associates Inc. MD boosted its stake in shares of eBay by 3.1% in the 4th quarter. Price T Rowe Associates Inc. MD now owns 782,755 shares of the e-commerce company's stock valued at $48,493,000 after purchasing an additional 23,281 shares during the last quarter. Adage Capital Partners GP L.L.C. boosted its position in eBay by 69.3% during the fourth quarter. Adage Capital Partners GP L.L.C. now owns 364,250 shares of the e-commerce company's stock valued at $22,565,000 after acquiring an additional 149,100 shares during the last quarter. Coldstream Capital Management Inc. grew its holdings in eBay by 3.8% during the 4th quarter. Coldstream Capital Management Inc. now owns 46,578 shares of the e-commerce company's stock worth $2,885,000 after acquiring an additional 1,713 shares during the period. Johnson Financial Group Inc. grew its holdings in eBay by 44.7% during the 4th quarter. Johnson Financial Group Inc. now owns 6,408 shares of the e-commerce company's stock worth $432,000 after acquiring an additional 1,979 shares during the period. Finally, Oxford Asset Management LLP raised its position in shares of eBay by 121.9% in the 4th quarter. Oxford Asset Management LLP now owns 8,518 shares of the e-commerce company's stock worth $528,000 after acquiring an additional 4,680 shares in the last quarter. Institutional investors and hedge funds own 87.48% of the company's stock.

Wall Street Analysts Forecast Growth

EBAY has been the subject of several recent analyst reports. Cfra Research raised eBay to a "moderate buy" rating in a research note on Thursday, June 5th. Bank of America raised their price objective on shares of eBay from $89.00 to $101.00 and gave the stock a "neutral" rating in a research report on Monday. Arete Research upgraded shares of eBay from a "strong sell" rating to a "hold" rating in a research report on Thursday, August 7th. Robert W. Baird increased their target price on shares of eBay from $75.00 to $80.00 and gave the stock an "outperform" rating in a research note on Thursday, July 10th. Finally, Deutsche Bank Aktiengesellschaft raised their price target on shares of eBay from $75.00 to $90.00 and gave the stock a "buy" rating in a report on Wednesday, July 23rd. One analyst has rated the stock with a Strong Buy rating, ten have given a Buy rating, twenty have issued a Hold rating and two have assigned a Sell rating to the company's stock. According to MarketBeat, eBay currently has a consensus rating of "Hold" and an average price target of $78.89.

eBay Stock Down 0.9%

Shares of NASDAQ:EBAY traded down $0.87 during midday trading on Thursday, hitting $92.80. 6,202,378 shares of the company's stock were exchanged, compared to its average volume of 5,645,598. The company has a debt-to-equity ratio of 1.05, a current ratio of 1.00 and a quick ratio of 1.00. eBay Inc. has a 12 month low of $56.33 and a 12 month high of $101.15. The company has a market cap of $42.41 billion, a PE ratio of 20.44, a price-to-earnings-growth ratio of 2.29 and a beta of 1.27. The stock has a 50 day moving average price of $84.78 and a 200-day moving average price of $74.44.

eBay (NASDAQ:EBAY - Get Free Report) last issued its quarterly earnings data on Wednesday, July 30th. The e-commerce company reported $1.37 EPS for the quarter, topping analysts' consensus estimates of $1.30 by $0.07. The firm had revenue of $2.73 billion during the quarter, compared to analyst estimates of $2.64 billion. eBay had a return on equity of 38.97% and a net margin of 20.86%.The company's revenue for the quarter was up 6.1% on a year-over-year basis. During the same period in the previous year, the company posted $1.18 EPS. eBay has set its Q3 2025 guidance at 1.290-1.340 EPS. On average, sell-side analysts anticipate that eBay Inc. will post 3.86 EPS for the current fiscal year.

eBay Announces Dividend

The business also recently disclosed a quarterly dividend, which will be paid on Friday, September 12th. Shareholders of record on Friday, August 29th will be paid a dividend of $0.29 per share. The ex-dividend date is Friday, August 29th. This represents a $1.16 annualized dividend and a yield of 1.3%. eBay's dividend payout ratio (DPR) is 25.55%.

Insider Activity

In other eBay news, SVP Jordan Douglas Bradle Sweetnam sold 23,597 shares of eBay stock in a transaction on Tuesday, June 17th. The shares were sold at an average price of $77.38, for a total transaction of $1,825,935.86. Following the transaction, the senior vice president directly owned 44,413 shares of the company's stock, valued at $3,436,677.94. The trade was a 34.70% decrease in their position. The transaction was disclosed in a legal filing with the Securities & Exchange Commission, which is available through the SEC website. Also, CEO Jamie Iannone sold 12,644 shares of the stock in a transaction dated Tuesday, July 1st. The shares were sold at an average price of $76.02, for a total transaction of $961,196.88. Following the completion of the sale, the chief executive officer owned 317,625 shares of the company's stock, valued at approximately $24,145,852.50. This represents a 3.83% decrease in their position. The disclosure for this sale can be found here. Insiders sold 183,209 shares of company stock valued at $15,331,663 over the last quarter. 0.64% of the stock is owned by insiders.

eBay Company Profile

eBay Inc, together with its subsidiaries, operates marketplace platforms that connect buyers and sellers in the United States, the United Kingdom, China, Germany, and internationally. The company's marketplace platform includes its online marketplace at ebay.com, off-platform businesses, and the eBay suite of mobile apps.