Cerity Partners LLC Reduces Stake in PayPal Holdings, Inc. $PYPL

Cerity Partners LLC lowered its position in PayPal Holdings, Inc. (NASDAQ:PYPL) by 7.8% in the 2nd quarter, according to its most recent disclosure with the Securities and Exchange Commission (SEC). The firm owned 269,585 shares of the credit services provider’s stock after selling 22,851 shares during the period. Cerity Partners LLC’s holdings in PayPal were worth $20,036,000 at the end of the most recent reporting period.

Other institutional investors also recently bought and sold shares of the company. Hilltop National Bank purchased a new stake in shares of PayPal during the 2nd quarter valued at about $27,000. MUFG Securities EMEA plc grew its position in PayPal by 100.4% during the second quarter. MUFG Securities EMEA plc now owns 385 shares of the credit services provider’s stock valued at $29,000 after buying an additional 87,524 shares during the period. Gordian Capital Singapore Pte Ltd grew its position in PayPal by 41.2% during the first quarter. Gordian Capital Singapore Pte Ltd now owns 473 shares of the credit services provider’s stock valued at $31,000 after buying an additional 138 shares during the period. VSM Wealth Advisory LLC purchased a new stake in PayPal during the second quarter valued at approximately $36,000. Finally, American National Bank & Trust raised its position in PayPal by 52.5% in the second quarter. American National Bank & Trust now owns 610 shares of the credit services provider’s stock worth $45,000 after acquiring an additional 210 shares during the period. Institutional investors own 68.32% of the company’s stock.

Insider Transactions at PayPal

In other news, EVP Diego Scotti sold 3,838 shares of PayPal stock in a transaction dated Thursday, October 30th. The stock was sold at an average price of $68.97, for a total value of $264,706.86. Following the sale, the executive vice president directly owned 16,989 shares of the company’s stock, valued at approximately $1,171,731.33. The trade was a 18.43% decrease in their ownership of the stock. The sale was disclosed in a document filed with the SEC, which can be accessed through this hyperlink. Also, CAO Chris Natali sold 1,374 shares of the business’s stock in a transaction dated Thursday, October 30th. The stock was sold at an average price of $69.13, for a total value of $94,984.62. The disclosure for this sale is available in the SEC filing. In the last three months, insiders have sold 36,156 shares of company stock worth $2,432,524. 0.08% of the stock is currently owned by company insiders.

PayPal Stock Down 0.6%

NASDAQ PYPL opened at $60.78 on Wednesday. The stock’s 50 day moving average is $66.30 and its 200 day moving average is $69.34. The company has a current ratio of 1.34, a quick ratio of 1.34 and a debt-to-equity ratio of 0.56. PayPal Holdings, Inc. has a 12 month low of $55.85 and a 12 month high of $93.25. The stock has a market cap of $56.87 billion, a PE ratio of 12.18, a P/E/G ratio of 0.83 and a beta of 1.43.

PayPal (NASDAQ:PYPL) last announced its quarterly earnings data on Tuesday, October 28th. The credit services provider reported $1.34 earnings per share (EPS) for the quarter, beating analysts’ consensus estimates of $1.20 by $0.14. PayPal had a net margin of 14.96% and a return on equity of 25.64%. The business had revenue of $8.42 billion during the quarter, compared to analyst estimates of $8.21 billion. During the same period last year, the firm posted $1.20 EPS. The company’s revenue was up 7.3% on a year-over-year basis. PayPal has set its Q4 2025 guidance at 1.270-1.310 EPS and its FY 2025 guidance at 5.350-5.390 EPS. Research analysts predict that PayPal Holdings, Inc. will post 5.03 EPS for the current fiscal year.

PayPal Announces Dividend

The business also recently disclosed a quarterly dividend, which will be paid on Wednesday, December 10th. Shareholders of record on Wednesday, November 19th will be issued a dividend of $0.14 per share. This represents a $0.56 annualized dividend and a dividend yield of 0.9%. The ex-dividend date of this dividend is Wednesday, November 19th. PayPal’s dividend payout ratio is 11.22%.

Wall Street Analysts Forecast Growth

PYPL has been the subject of a number of recent research reports. JPMorgan Chase & Co. reissued a “neutral” rating and set a $70.00 price objective (down previously from $85.00) on shares of PayPal in a research report on Thursday, December 4th. Argus boosted their price target on PayPal from $81.00 to $87.00 and gave the company a “buy” rating in a report on Wednesday, October 29th. Mizuho set a $84.00 price objective on PayPal in a research note on Thursday, October 30th. UBS Group lifted their price objective on PayPal from $75.00 to $80.00 and gave the company a “neutral” rating in a research report on Wednesday, October 29th. Finally, Macquarie increased their target price on shares of PayPal from $95.00 to $100.00 and gave the stock an “outperform” rating in a report on Wednesday, October 29th. Fifteen investment analysts have rated the stock with a Buy rating, nineteen have issued a Hold rating and four have issued a Sell rating to the company’s stock. According to MarketBeat.com, the company has an average rating of “Hold” and an average target price of $80.92.

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.