Popular (NASDAQ:BPOP) Price Target Raised to $176.00 at Hovde Group

Popular (NASDAQ:BPOP) had its target price lifted by Hovde Group from $153.00 to $176.00 in a report released on Wednesday morning, Marketbeat reports. They currently have an outperform rating on the bank’s stock.

A number of other brokerages have also issued reports on BPOP. Citigroup upped their target price on shares of Popular from $142.00 to $144.00 and gave the stock a “buy” rating in a research report on Tuesday, December 30th. Wells Fargo & Company dropped their price objective on shares of Popular from $150.00 to $135.00 and set an “overweight” rating for the company in a research report on Friday, October 24th. Zacks Research lowered Popular from a “strong-buy” rating to a “hold” rating in a research report on Wednesday, December 10th. Weiss Ratings reissued a “buy (b)” rating on shares of Popular in a research note on Wednesday, January 21st. Finally, Piper Sandler began coverage on Popular in a research report on Thursday, January 15th. They set an “overweight” rating and a $152.00 target price for the company. Nine analysts have rated the stock with a Buy rating and two have assigned a Hold rating to the stock. Based on data from MarketBeat.com, Popular currently has a consensus rating of “Moderate Buy” and a consensus target price of $150.89.

Popular Stock Performance

Shares of BPOP stock opened at $131.54 on Wednesday. Popular has a 52 week low of $78.23 and a 52 week high of $133.30. The stock has a market capitalization of $8.77 billion, a PE ratio of 11.64, a PEG ratio of 0.55 and a beta of 0.63. The stock’s fifty day moving average is $122.85 and its 200-day moving average is $120.40.

Popular (NASDAQ:BPOP) last released its quarterly earnings results on Tuesday, January 27th. The bank reported $3.38 earnings per share (EPS) for the quarter, beating analysts’ consensus estimates of $3.02 by $0.36. Popular had a return on equity of 13.87% and a net margin of 18.75%.The business had revenue of $815.98 million during the quarter, compared to analysts’ expectations of $811.55 million. During the same period in the previous year, the business posted $2.51 earnings per share. As a group, analysts forecast that Popular will post 10.06 earnings per share for the current fiscal year.

Popular Dividend Announcement

The business also recently declared a quarterly dividend, which was paid on Friday, January 2nd. Stockholders of record on Friday, December 5th were paid a $0.75 dividend. The ex-dividend date of this dividend was Friday, December 5th. This represents a $3.00 dividend on an annualized basis and a dividend yield of 2.3%. Popular’s dividend payout ratio is 26.55%.

Insider Buying and Selling at Popular

In related news, Director Richard L. Carrion sold 25,000 shares of Popular stock in a transaction on Monday, November 24th. The stock was sold at an average price of $113.50, for a total transaction of $2,837,500.00. Following the completion of the sale, the director directly owned 193,020 shares of the company’s stock, valued at $21,907,770. The trade was a 11.47% decrease in their ownership of the stock. The sale was disclosed in a document filed with the Securities & Exchange Commission, which is available at this link. Also, VP Adorno Denissa Rodriguez sold 1,000 shares of the company’s stock in a transaction dated Friday, November 21st. The shares were sold at an average price of $114.84, for a total value of $114,840.00. Following the completion of the sale, the vice president owned 2,604 shares of the company’s stock, valued at $299,043.36. This represents a 27.75% decrease in their position. The SEC filing for this sale provides additional information. 2.23% of the stock is owned by company insiders.

Institutional Inflows and Outflows

Several hedge funds and other institutional investors have recently bought and sold shares of BPOP. Baron Wealth Management LLC increased its stake in Popular by 2.5% in the third quarter. Baron Wealth Management LLC now owns 3,597 shares of the bank’s stock valued at $457,000 after purchasing an additional 87 shares in the last quarter. KLP Kapitalforvaltning AS increased its position in shares of Popular by 0.6% in the 3rd quarter. KLP Kapitalforvaltning AS now owns 17,000 shares of the bank’s stock valued at $2,171,000 after buying an additional 100 shares in the last quarter. Nebula Research & Development LLC increased its position in shares of Popular by 1.3% in the 2nd quarter. Nebula Research & Development LLC now owns 9,579 shares of the bank’s stock valued at $1,056,000 after buying an additional 119 shares in the last quarter. Greenwich Wealth Management LLC raised its stake in Popular by 0.5% during the 2nd quarter. Greenwich Wealth Management LLC now owns 28,267 shares of the bank’s stock worth $3,115,000 after buying an additional 130 shares during the period. Finally, Forum Financial Management LP lifted its holdings in Popular by 6.2% during the second quarter. Forum Financial Management LP now owns 2,671 shares of the bank’s stock worth $294,000 after acquiring an additional 157 shares in the last quarter. Institutional investors own 87.27% of the company’s stock.

Key Stories Impacting Popular

Here are the key news stories impacting Popular this week:

• Positive Sentiment: Q4 earnings beat: Popular reported $3.38 EPS vs. consensus ~$3.02 and slightly beat revenue estimates, driven by stronger net income and margin improvement — a clear catalyst for buying interest. Earnings Beat Article
• Positive Sentiment: Net interest income, fee growth and loan balances strengthened in the quarter (NII expansion is the primary driver cited by analysts), supporting higher profitability and giving investors confidence in core earnings power. Loan Growth Deep Dive
• Positive Sentiment: Analyst bullishness: Hovde raised its price target from $153 to $176 and kept an “outperform” rating, signaling substantial upside vs. the current level and likely supporting upward momentum. (Broker note released 1/28/2026)
• Neutral Sentiment: Management detail and disclosure: The company released its earnings presentation and full call transcript showing strategic initiatives (efficiency programs, portfolio mix) that underpin the quarter but may take time to fully translate into higher returns. Earnings Presentation Earnings Call Transcript
• Neutral Sentiment: Valuation context: Analysts and writeups highlight that results leave Popular trading at an undemanding valuation relative to earnings power, which supports a constructive medium‑term case but is not an immediate guarantee of further near‑term gains. Valuation Article
• Negative Sentiment: Management tempered outlook: during the call management offered cautious forward commentary (tempered outlook), which injects some near‑term uncertainty — watch guidance, deposit trends and credit metrics in coming quarters. Earnings Call Takeaways

Popular Company Profile

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.