Philadelphia Trust Co. Increases Holdings in PayPal Holdings, Inc. $PYPL

Key Points

• Philadelphia Trust Co. increased its PayPal Holdings stake by 4.3%, purchasing an additional 7,220 shares, bringing its total ownership to 173,327 shares worth approximately $11.31 million.
• Major investors, including Vanguard Group and Capital Research Global Investors, also increased their stakes in PayPal, reflecting growing institutional confidence as 68.32% of the stock is owned by institutional investors.
• PayPal reported a quarterly earnings beat with $1.40 EPS, surpassing analyst expectations of $1.30, while also announcing a revenue of $8.29 billion.

Philadelphia Trust Co. raised its holdings in shares of PayPal Holdings, Inc. (NASDAQ:PYPL - Free Report) by 4.3% in the 1st quarter, according to the company in its most recent disclosure with the Securities & Exchange Commission. The institutional investor owned 173,327 shares of the credit services provider's stock after buying an additional 7,220 shares during the quarter. PayPal comprises about 1.0% of Philadelphia Trust Co.'s holdings, making the stock its 25th largest position. Philadelphia Trust Co.'s holdings in PayPal were worth $11,310,000 at the end of the most recent quarter.

Several other hedge funds and other institutional investors have also added to or reduced their stakes in PYPL. Vanguard Group Inc. boosted its stake in PayPal by 0.3% in the first quarter. Vanguard Group Inc. now owns 86,221,849 shares of the credit services provider's stock worth $5,625,976,000 after buying an additional 276,339 shares in the last quarter. Capital Research Global Investors lifted its holdings in PayPal by 108.2% in the 4th quarter. Capital Research Global Investors now owns 17,924,106 shares of the credit services provider's stock worth $1,529,823,000 after buying an additional 9,313,783 shares during the period. Deutsche Bank AG lifted its holdings in PayPal by 19.1% in the 1st quarter. Deutsche Bank AG now owns 11,238,218 shares of the credit services provider's stock worth $733,294,000 after buying an additional 1,798,330 shares during the period. Northern Trust Corp lifted its holdings in PayPal by 19.0% in the 4th quarter. Northern Trust Corp now owns 10,462,251 shares of the credit services provider's stock worth $892,953,000 after buying an additional 1,669,908 shares during the period. Finally, Invesco Ltd. lifted its holdings in PayPal by 14.9% in the 1st quarter. Invesco Ltd. now owns 9,516,070 shares of the credit services provider's stock worth $620,924,000 after buying an additional 1,232,155 shares during the period. 68.32% of the stock is currently owned by hedge funds and other institutional investors.

Wall Street Analysts Forecast Growth

Several equities research analysts have weighed in on the company. Wall Street Zen upgraded PayPal from a "hold" rating to a "buy" rating in a report on Saturday, August 2nd. BMO Capital Markets restated a "market perform" rating on shares of PayPal in a research note on Tuesday, July 29th. JMP Securities lowered their target price 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. Seaport Res Ptn upgraded PayPal from a "strong sell" rating to a "hold" rating in a research note on Monday, July 14th. Finally, UBS Group lowered their target price on PayPal from $88.00 to $75.00 and set a "neutral" rating for the company in a research note on Wednesday, April 30th. Seventeen equities research analysts have rated the stock with a Buy rating, fourteen have assigned a Hold rating and two have issued a Sell rating to the company's stock. According to MarketBeat, PayPal has a consensus rating of "Hold" and an average price target of $85.00.

PayPal Stock Performance

Shares of PYPL traded down $0.48 during trading hours on Tuesday, hitting $69.05. The stock had a trading volume of 9,007,193 shares, compared to its average volume of 11,196,284. The company has a debt-to-equity ratio of 0.56, a current ratio of 1.33 and a quick ratio of 1.33. PayPal Holdings, Inc. has a 12 month low of $55.85 and a 12 month high of $93.66. The firm has a market capitalization of $65.97 billion, a PE ratio of 14.75, a PEG ratio of 1.07 and a beta of 1.42. The stock has a fifty day moving average price of $72.48 and a 200 day moving average price of $70.55.

PayPal (NASDAQ:PYPL - Get Free Report) last issued its quarterly earnings data on Tuesday, July 29th. The credit services provider reported $1.40 EPS for the quarter, topping the consensus estimate of $1.30 by $0.10. PayPal had a return on equity of 25.35% and a net margin of 14.49%.The company had revenue of $8.29 billion during the quarter, compared to analyst estimates of $8.08 billion. During the same quarter in the previous 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. Analysts anticipate that PayPal Holdings, Inc. will post 5.03 EPS for the current year.

Insider Transactions at PayPal

In related news, EVP Diego Scotti sold 3,838 shares of PayPal stock in a transaction on 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 in the company, valued at approximately $1,174,279.68. The trade was a 18.43% decrease in their ownership of the stock. The transaction was disclosed in a document filed with the Securities & Exchange Commission, which is accessible through the SEC website. Also, Director Deborah M. Messemer sold 3,795 shares of PayPal stock in a transaction 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 transaction, the director owned 13,976 shares in the company, valued at $1,020,248. This trade represents a 21.36% decrease in their ownership of the stock. The disclosure for this sale can be found here. Over the last ninety days, insiders sold 22,736 shares of company stock worth $1,620,835. 0.08% of the stock is currently owned by insiders.

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.