Popular (NASDAQ:BPOP) Price Target Raised to $207.00 at Keefe, Bruyette & Woods

Popular (NASDAQ:BPOP) had its price target hoisted by Keefe, Bruyette & Woods from $190.00 to $207.00 in a research note published on Friday,Benzinga reports. They currently have an outperform rating on the bank’s stock.

Several other brokerages also recently commented on BPOP. Piper Sandler restated an “overweight” rating and set a $198.00 price objective (up from $190.00) on shares of Popular in a research report on Friday. Barclays upped their price target on shares of Popular from $185.00 to $190.00 and gave the company an “overweight” rating in a report on Friday. Citigroup increased their price objective on shares of Popular from $178.00 to $188.00 and gave the stock a “buy” rating in a research report on Thursday, June 25th. Weiss Ratings upgraded shares of Popular from a “buy (b+)” rating to a “buy (a-)” rating in a report on Monday, May 4th. Finally, Wells Fargo & Company lifted their price objective on shares of Popular from $165.00 to $180.00 and gave the company an “overweight” rating in a report on Monday, July 6th. One investment analyst has rated the stock with a Strong Buy rating, eleven have issued a Buy rating and one has issued a Hold rating to the company’s stock. According to MarketBeat, Popular currently has an average rating of “Buy” and a consensus price target of $184.42.

Popular Price Performance

Shares of Popular stock opened at $171.73 on Friday. The business’s 50 day simple moving average is $160.90 and its two-hundred day simple moving average is $146.05. Popular has a one year low of $108.74 and a one year high of $175.12. The stock has a market capitalization of $11.08 billion, a P/E ratio of 11.60, a price-to-earnings-growth ratio of 0.92 and a beta of 0.61.

Popular (NASDAQ:BPOP) last posted its quarterly earnings results on Thursday, July 23rd. The bank reported $4.35 earnings per share for the quarter, topping the consensus estimate of $3.72 by $0.63. Popular had a return on equity of 15.47% and a net margin of 21.37%.The company had revenue of $846.92 million for the quarter, compared to the consensus estimate of $878.41 million. During the same quarter in the prior year, the business posted $3.09 EPS. Sell-side analysts expect that Popular will post 15.05 earnings per share for the current fiscal year.

Popular Announces Dividend

The business also recently disclosed a quarterly dividend, which was paid on Wednesday, July 1st. Investors of record on Friday, May 29th were issued a dividend of $0.75 per share. The ex-dividend date of this dividend was Friday, May 29th. This represents a $3.00 dividend on an annualized basis and a yield of 1.7%. Popular’s payout ratio is currently 20.27%.

Insiders Place Their Bets

In related news, Director Alejandro M. Sanchez sold 300 shares of the company’s stock in a transaction on Friday, May 22nd. The stock was sold at an average price of $150.36, for a total value of $45,108.00. Following the completion of the transaction, the director directly owned 3,960 shares in the company, valued at approximately $595,425.60. This represents a 7.04% decrease in their ownership of the stock. The transaction was disclosed in a document filed with the SEC, which can be accessed through the SEC website. Also, EVP Maria Cristin Gonzalez-Noguera sold 6,200 shares of Popular stock in a transaction dated Friday, May 1st. The shares were sold at an average price of $148.51, for a total value of $920,762.00. Following the completion of the transaction, the executive vice president directly owned 11,255 shares in the company, valued at $1,671,480.05. This represents a 35.52% decrease in their ownership of the stock. The disclosure for this sale is available in the SEC filing. Over the last three months, insiders have sold 29,500 shares of company stock worth $4,415,870. 2.13% of the stock is owned by company insiders.

Institutional Trading of Popular

Large investors have recently modified their holdings of the business. Vanguard Group Inc. boosted its holdings in Popular by 0.4% in the fourth quarter. Vanguard Group Inc. now owns 8,489,936 shares of the bank’s stock worth $1,057,167,000 after purchasing an additional 37,424 shares during the period. Price T Rowe Associates Inc. MD lifted its holdings in Popular by 1.4% in the 4th quarter. Price T Rowe Associates Inc. MD now owns 4,361,681 shares of the bank’s stock valued at $543,117,000 after acquiring an additional 58,452 shares during the last quarter. AQR Capital Management LLC boosted its position in shares of Popular by 56.2% during the 3rd quarter. AQR Capital Management LLC now owns 2,962,871 shares of the bank’s stock valued at $376,314,000 after purchasing an additional 1,065,452 shares in the last quarter. Geode Capital Management LLC boosted its position in shares of Popular by 4.8% during the 4th quarter. Geode Capital Management LLC now owns 1,405,575 shares of the bank’s stock valued at $175,057,000 after purchasing an additional 64,778 shares in the last quarter. Finally, LSV Asset Management grew its stake in shares of Popular by 9.3% in the 4th quarter. LSV Asset Management now owns 1,043,733 shares of the bank’s stock worth $129,966,000 after purchasing an additional 88,765 shares during the last quarter. 87.27% of the stock is currently owned by institutional investors and hedge funds.

Key Headlines Impacting Popular

Here are the key news stories impacting Popular this week:

• Positive Sentiment: Popular beat Q2 EPS estimates, with stronger net interest income, fee income, and loan/deposit growth, while lower expenses supported profitability; management also planned a 20% dividend increase. Popular Q2 Earnings Beat on NII & Fee Income, Dividend Hike Planned
• Positive Sentiment: Several brokerages raised price targets after the earnings release, including Benchmark to $214, KBW to $207, and Truist to $197, signaling upgraded confidence in the bank’s outlook.
• Positive Sentiment: Other post-earnings coverage highlighted robust operating momentum and strong financial performance, reinforcing the view that Popular’s core banking trends remain healthy. Popular Inc (BPOP) Q2 2026 Earnings Call Highlights
• Neutral Sentiment: One article noted the stock looks reasonable on earnings but stretched on returns, suggesting the valuation is not cheap despite the improved fundamentals. Popular (BPOP) Stock Looks Reasonable On Earnings But Stretched On Returns
• Neutral Sentiment: The company also announced capital actions and a leadership transition, including CEO retirement plans, which investors may view as a longer-term governance update rather than an immediate earnings driver. Popular unveils capital plan and leadership transition

About Popular

Popular, Inc, headquartered in San Juan, Puerto Rico, is a financial holding company and a leading provider of banking services in the United States mainland and Puerto Rico. Through its primary subsidiaries—Banco Popular de Puerto Rico and Popular Bank—the company delivers comprehensive commercial and consumer banking solutions. It offers deposit products, lending facilities, cash management services and payment-processing solutions designed for individuals, small businesses and large corporations.

The company’s product suite encompasses checking and savings accounts, certificates of deposit, residential and commercial mortgage loans, business lines of credit and credit cards.