New York State Teachers Retirement System Has $30.55 Million Position in eBay Inc. $EBAY

Key Points

• New York State Teachers Retirement System increased its holdings in eBay by 6.2% in Q2, owning approximately $30.55 million worth of shares as of the latest SEC filing.
• eBay reported $1.37 earnings per share for the last quarter, surpassing estimates, with revenue of $2.73 billion, up 6.1% year-over-year.
• The company's quarterly dividend was recently paid at $0.29 per share, providing an annual yield of 1.3% with a payout ratio of 25.55%.

New York State Teachers Retirement System boosted its holdings in eBay Inc. (NASDAQ:EBAY - Free Report) by 6.2% in the second quarter, according to the company in its most recent 13F filing with the Securities and Exchange Commission (SEC). The fund owned 410,224 shares of the e-commerce company's stock after buying an additional 24,125 shares during the quarter. New York State Teachers Retirement System owned approximately 0.09% of eBay worth $30,545,000 at the end of the most recent reporting period.

A number of other institutional investors have also recently added to or reduced their stakes in the business. Hemington Wealth Management raised its stake in shares of eBay by 7.7% during the second quarter. Hemington Wealth Management now owns 1,742 shares of the e-commerce company's stock valued at $129,000 after acquiring an additional 124 shares during the last quarter. Capital Investment Advisors LLC raised its position in eBay by 2.2% during the 2nd quarter. Capital Investment Advisors LLC now owns 6,280 shares of the e-commerce company's stock worth $468,000 after purchasing an additional 138 shares during the last quarter. Kovitz Investment Group Partners LLC lifted its holdings in eBay by 0.6% during the 1st quarter. Kovitz Investment Group Partners LLC now owns 23,039 shares of the e-commerce company's stock worth $1,560,000 after buying an additional 143 shares during the period. Rosenberg Matthew Hamilton grew its position in shares of eBay by 36.5% in the 1st quarter. Rosenberg Matthew Hamilton now owns 598 shares of the e-commerce company's stock valued at $41,000 after buying an additional 160 shares during the last quarter. Finally, Capital Investment Advisory Services LLC increased its stake in shares of eBay by 4.0% in the first quarter. Capital Investment Advisory Services LLC now owns 4,201 shares of the e-commerce company's stock valued at $285,000 after buying an additional 160 shares during the period. 87.48% of the stock is owned by institutional investors.

eBay Stock Up 0.9%

Shares of NASDAQ EBAY opened at $92.01 on Friday. The company has a quick ratio of 1.00, a current ratio of 1.00 and a debt-to-equity ratio of 1.05. The firm has a market cap of $42.05 billion, a PE ratio of 20.27, a P/E/G ratio of 2.20 and a beta of 1.31. The company's fifty day simple moving average is $92.89 and its 200 day simple moving average is $80.47. eBay Inc. has a 12-month low of $56.33 and a 12-month high of $101.15.

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

eBay Dividend Announcement

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

Analyst Ratings Changes

A number of equities analysts recently commented on the company. UBS Group set a $87.00 price objective on eBay in a research note on Thursday, July 31st. Weiss Ratings restated a "buy (b)" rating on shares of eBay in a research report on Wednesday, October 8th. Cowen reiterated a "hold" rating on shares of eBay in a research report on Tuesday, July 22nd. Needham & Company LLC lifted their target price on shares of eBay from $78.00 to $95.00 and gave the stock a "buy" rating in a research note on Thursday, July 31st. Finally, JPMorgan Chase & Co. upped their price target on shares of eBay from $66.00 to $68.00 and gave the company a "neutral" rating in a research report on Friday, July 11th. One analyst has rated the stock with a Strong Buy rating, twelve have issued a Buy rating, twenty have given a Hold rating and one has issued a Sell rating to the company. According to MarketBeat, the company has a consensus rating of "Hold" and an average price target of $84.59.

Insider Transactions at eBay

In other eBay news, CEO Jamie Iannone sold 7,221 shares of the business's stock in a transaction on Monday, October 6th. The shares were sold at an average price of $91.76, for a total transaction of $662,598.96. Following the completion of the sale, the chief executive officer owned 250,223 shares in the company, valued at approximately $22,960,462.48. The trade was a 2.80% decrease in their position. The sale was disclosed in a document filed with the SEC, which can be accessed through the SEC website. Also, SVP Julie A. Loeger sold 75,952 shares of the company's stock in a transaction on Monday, August 4th. The stock was sold at an average price of $93.25, for a total transaction of $7,082,524.00. Following the transaction, the senior vice president owned 53,107 shares in the company, valued at approximately $4,952,227.75. The trade was a 58.85% decrease in their position. The disclosure for this sale can be found here. In the last three months, insiders have sold 96,743 shares of company stock worth $8,979,844. Insiders own 0.64% of the company's stock.

About eBay

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.

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