Select Equity Group L.P. Has $60.23 Million Stake in PayPal Holdings, Inc. $PYPL

Key Points

• Select Equity Group L.P. increased its stake in PayPal Holdings, Inc. by 22.6%, owning 923,050 shares worth approximately $60.2 million at the end of the latest reporting period.
• PayPal reported $1.40 earnings per share for the last quarter, exceeding analysts' estimates of $1.30, with revenues of $8.29 billion compared to expectations of $8.08 billion.
• Hedge funds and institutional investors collectively own 68.32% of PayPal’s stock, indicating strong institutional interest in the company.

Select Equity Group L.P. lifted its position in shares of PayPal Holdings, Inc. (NASDAQ:PYPL - Free Report) by 22.6% in the 1st quarter, according to its most recent disclosure with the SEC. The fund owned 923,050 shares of the credit services provider's stock after acquiring an additional 170,171 shares during the period. Select Equity Group L.P. owned 0.09% of PayPal worth $60,229,000 as of its most recent filing with the SEC.

Other institutional investors have also modified their holdings of the company. Mpwm Advisory Solutions LLC acquired a new stake in PayPal in the fourth quarter worth about $25,000. Evermay Wealth Management LLC lifted its holdings in PayPal by 726.0% in the first quarter. Evermay Wealth Management LLC now owns 413 shares of the credit services provider's stock worth $27,000 after purchasing an additional 363 shares during the period. Garde Capital Inc. acquired a new stake in PayPal in the first quarter worth about $28,000. Tsfg LLC lifted its holdings in PayPal by 81.6% in the first 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. Finally, Gordian Capital Singapore Pte Ltd lifted its holdings in PayPal by 41.2% in the first 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. Institutional investors own 68.32% of the company's stock.

Analyst Upgrades and Downgrades

PYPL has been the subject of several research analyst reports. BMO Capital Markets reaffirmed a "market perform" rating on shares of PayPal in a report on Tuesday, July 29th. Seaport Res Ptn raised shares of PayPal from a "strong sell" rating to a "hold" rating in a report on Monday, July 14th. Barclays reaffirmed an "overweight" rating on shares of PayPal in a report on Tuesday, July 29th. Deutsche Bank Aktiengesellschaft set a $75.00 price objective on shares of PayPal in a report on Tuesday, July 29th. Finally, Citigroup reissued a "buy" rating on shares of PayPal in a report on Tuesday, July 29th. Seventeen analysts have rated the stock with a Buy rating, fourteen have given a Hold rating and two have issued a Sell rating to the company's stock. According to MarketBeat, the company has an average rating of "Hold" and a consensus target price of $85.00.

Insiders Place Their Bets

In other PayPal news, CAO Chris Natali sold 7,102 shares of the business's stock in a transaction dated Thursday, July 31st. The stock was sold at an average price of $69.35, for a total transaction of $492,523.70. The transaction was disclosed in a filing with the SEC, which is available at this hyperlink. Also, EVP Diego Scotti sold 3,838 shares of the business's stock in a transaction dated Thursday, July 31st. The stock was sold at an average price of $69.12, for a total value of $265,282.56. Following the sale, the executive vice president owned 16,989 shares in the company, valued at approximately $1,174,279.68. The trade was a 18.43% decrease in their position. The disclosure for this sale can be found here. In the last quarter, insiders have sold 15,102 shares of company stock worth $1,046,607. Company insiders own 0.08% of the company's stock.

PayPal Trading Up 0.2%

NASDAQ PYPL traded up $0.14 on Monday, hitting $68.40. 7,948,544 shares of the company were exchanged, compared to its average volume of 8,879,010. The company's 50 day moving average price is $71.54 and its 200-day moving average price is $69.60. The company has a debt-to-equity ratio of 0.56, a current ratio of 1.33 and a quick ratio of 1.33. The firm has a market capitalization of $65.35 billion, a P/E ratio of 14.62, a price-to-earnings-growth ratio of 1.05 and a beta of 1.43. PayPal Holdings, Inc. has a twelve month low of $55.85 and a twelve month high of $93.66.

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

PayPal Company Profile

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.