Mirova Has $6.06 Million Stake in eBay Inc. $EBAY

Key Points

• Mirova reduced its holdings in eBay Inc. by 4.1% in the 1st quarter, now owning 89,399 shares valued at approximately $6.06 million.
• eBay's recent earnings report showed an EPS of $1.37, exceeding estimates by $0.07, with quarterly revenue of $2.73 billion, reflecting a 6.1% year-over-year increase.
• The company announced a quarterly dividend of $0.29, payable on September 12th, with a current dividend yield of 1.2% and a payout ratio of 25.55%.

Mirova trimmed its position in shares of eBay Inc. (NASDAQ:EBAY - Free Report) by 4.1% during the first quarter, according to its most recent disclosure with the Securities & Exchange Commission. The institutional investor owned 89,399 shares of the e-commerce company's stock after selling 3,813 shares during the period. eBay makes up approximately 1.1% of Mirova's investment portfolio, making the stock its 23rd largest position. Mirova's holdings in eBay were worth $6,055,000 at the end of the most recent reporting period.

A number of other large investors have also recently bought and sold shares of the company. Ameriprise Financial Inc. grew its stake in eBay by 12.4% during the fourth quarter. Ameriprise Financial Inc. now owns 28,493,042 shares of the e-commerce company's stock worth $1,765,148,000 after buying an additional 3,149,934 shares in the last quarter. Independent Franchise Partners LLP grew its stake in eBay by 4.6% during the first quarter. Independent Franchise Partners LLP now owns 11,689,267 shares of the e-commerce company's stock worth $791,714,000 after buying an additional 510,629 shares in the last quarter. Invesco Ltd. grew its stake in eBay by 8.0% during the first quarter. Invesco Ltd. now owns 8,441,396 shares of the e-commerce company's stock worth $571,736,000 after buying an additional 627,823 shares in the last quarter. Northern Trust Corp grew its stake in eBay by 4.4% during the first quarter. Northern Trust Corp now owns 7,109,481 shares of the e-commerce company's stock worth $481,525,000 after buying an additional 300,216 shares in the last quarter. Finally, UBS AM a distinct business unit of UBS ASSET MANAGEMENT AMERICAS LLC grew its stake in eBay by 7.1% during the fourth quarter. UBS AM a distinct business unit of UBS ASSET MANAGEMENT AMERICAS LLC now owns 5,834,195 shares of the e-commerce company's stock worth $361,428,000 after buying an additional 386,568 shares in the last quarter. 87.48% of the stock is currently owned by institutional investors and hedge funds.

eBay Trading Down 0.9%

NASDAQ EBAY traded down $0.87 during trading hours on Thursday, reaching $92.80. The company's stock had a trading volume of 6,202,832 shares, compared to its average volume of 5,645,598. The firm has a fifty day simple moving average of $84.78 and a 200-day simple moving average of $74.44. The stock has a market cap of $42.41 billion, a P/E ratio of 20.44, a P/E/G ratio of 2.29 and a beta of 1.27. eBay Inc. has a 52 week low of $56.33 and a 52 week high of $101.15. 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 (NASDAQ:EBAY - Get Free Report) last issued its quarterly earnings data on Wednesday, July 30th. The e-commerce company reported $1.37 earnings per share (EPS) for the quarter, beating analysts' consensus estimates of $1.30 by $0.07. The business had revenue of $2.73 billion during the quarter, compared to analyst estimates of $2.64 billion. eBay had a net margin of 20.86% and a return on equity of 38.97%. The firm's quarterly revenue was up 6.1% on a year-over-year basis. During the same quarter last year, the business earned $1.18 EPS. eBay has set its Q3 2025 guidance at 1.290-1.340 EPS. Equities analysts forecast that eBay Inc. will post 3.86 earnings per share for the current fiscal year.

eBay Announces Dividend

The company also recently declared a quarterly dividend, which will be paid on Friday, September 12th. Shareholders of record on Friday, August 29th will be issued 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 presently 25.55%.

Insider Activity

In other eBay news, SVP Julie A. Loeger sold 75,952 shares of the firm's stock in a transaction that occurred on Monday, August 4th. The shares were sold at an average price of $93.25, for a total transaction of $7,082,524.00. Following the completion of the transaction, the senior vice president owned 53,107 shares in the company, valued at approximately $4,952,227.75. This trade represents a 58.85% decrease in their position. The transaction was disclosed in a document filed with the Securities & Exchange Commission, which can be accessed through this link. Also, SVP Jordan Douglas Bradle Sweetnam sold 23,597 shares of the firm's stock in a transaction that occurred on Tuesday, June 17th. The stock was sold at an average price of $77.38, for a total transaction of $1,825,935.86. Following the transaction, the senior vice president owned 44,413 shares of the company's stock, valued at approximately $3,436,677.94. The trade was a 34.70% decrease in their position. The disclosure for this sale can be found here. Insiders have sold a total of 183,209 shares of company stock worth $15,331,663 in the last 90 days. 0.64% of the stock is owned by company insiders.

Analyst Upgrades and Downgrades

EBAY has been the topic of a number of analyst reports. Deutsche Bank Aktiengesellschaft increased their price objective on shares of eBay from $75.00 to $90.00 and gave the stock a "buy" rating in a research note on Wednesday, July 23rd. Wedbush reiterated a "neutral" rating and set a $72.00 price objective on shares of eBay in a research note on Wednesday, June 11th. Susquehanna increased their target price on shares of eBay from $70.00 to $95.00 and gave the stock a "neutral" rating in a report on Friday, August 1st. Stifel Nicolaus increased their target price on shares of eBay from $62.00 to $68.00 and gave the stock a "hold" rating in a report on Tuesday, July 29th. Finally, Barclays reissued an "overweight" rating and issued a $92.00 target price (up previously from $77.00) on shares of eBay in a report on Thursday, July 31st. One equities research analyst has rated the stock with a Strong Buy rating, ten have assigned a Buy rating, twenty have assigned a Hold rating and two have issued a Sell rating to the stock. According to MarketBeat.com, the stock presently has an average rating of "Hold" and an average target price of $78.89.

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.