Popular (NASDAQ:BPOP) Price Target Raised to $214.00 at Benchmark

Popular (NASDAQ:BPOPFree Report) had its price target raised by Benchmark from $201.00 to $214.00 in a report published on Friday, Marketbeat Ratings reports. The firm currently has a buy rating on the bank’s stock.

Other analysts have also recently issued research reports about the stock. Piper Sandler raised their target price on shares of Popular from $173.00 to $190.00 and gave the company an “overweight” rating in a report on Friday, June 26th. Keefe, Bruyette & Woods increased their price target on shares of Popular from $155.00 to $177.00 and gave the company an “outperform” rating in a research note on Friday, April 24th. Wells Fargo & Company raised their target price on shares of Popular from $165.00 to $180.00 and gave the stock an “overweight” rating in a research report on Monday, July 6th. Zacks Research cut shares of Popular from a “strong-buy” rating to a “hold” rating in a research note on Monday, April 6th. Finally, Citigroup lifted their target price on Popular from $178.00 to $188.00 and gave the company a “buy” rating in a research note on Thursday, June 25th. One research analyst has rated the stock with a Strong Buy rating, eleven have given a Buy rating and one has assigned a Hold rating to the company. According to MarketBeat.com, Popular presently has an average rating of “Buy” and an average price target of $184.42.

Get Our Latest Stock Report on Popular

Popular Trading Up 0.5%

Shares of NASDAQ BPOP opened at $171.73 on Friday. The company has a 50 day simple moving average of $160.90 and a two-hundred day simple moving average of $146.05. The stock has a market cap of $11.08 billion, a price-to-earnings ratio of 11.60, a PEG ratio of 0.92 and a beta of 0.61. Popular has a 12 month low of $108.74 and a 12 month high of $175.12.

Popular (NASDAQ:BPOPGet Free Report) last released its quarterly earnings data on Thursday, July 23rd. The bank reported $4.35 earnings per share for the quarter, beating analysts’ consensus estimates of $3.72 by $0.63. The company had revenue of $846.92 million during the quarter, compared to analysts’ expectations of $878.41 million. Popular had a net margin of 21.37% and a return on equity of 15.47%. During the same quarter in the previous year, the company earned $3.09 earnings per share. Analysts forecast that Popular will post 15.05 EPS for the current year.

Popular Announces Dividend

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

Insider Activity at Popular

In other news, Director Alejandro M. Ballester sold 23,000 shares of Popular stock in a transaction that occurred on Thursday, April 30th. The stock was sold at an average price of $150.00, for a total value of $3,450,000.00. Following the completion of the transaction, the director owned 34,588 shares in the company, valued at approximately $5,188,200. This trade represents a 39.94% decrease in their position. The sale was disclosed in a legal filing with the Securities & Exchange Commission, which can be accessed through the SEC website. Also, EVP Maria Cristin Gonzalez-Noguera sold 6,200 shares of Popular stock in a transaction on Friday, May 1st. The stock was sold at an average price of $148.51, for a total transaction of $920,762.00. Following the completion of the transaction, the executive vice president directly owned 11,255 shares of the company’s stock, valued at approximately $1,671,480.05. This represents a 35.52% decrease in their position. Additional details regarding this sale are available in the official SEC disclosure. Insiders have sold 29,500 shares of company stock valued at $4,415,870 over the last ninety days. Corporate insiders own 2.13% of the company’s stock.

Institutional Inflows and Outflows

Several hedge funds and other institutional investors have recently modified their holdings of the business. Insight Wealth Strategies LLC acquired a new stake in shares of Popular in the 2nd quarter worth approximately $6,914,000. Assenagon Asset Management S.A. boosted its stake in Popular by 108.3% during the 2nd quarter. Assenagon Asset Management S.A. now owns 149,094 shares of the bank’s stock valued at $24,478,000 after purchasing an additional 77,507 shares in the last quarter. Versant Capital Management Inc raised its holdings in shares of Popular by 6.2% in the 2nd quarter. Versant Capital Management Inc now owns 2,240 shares of the bank’s stock worth $368,000 after purchasing an additional 130 shares in the last quarter. Parallel Advisors LLC lifted its stake in Popular by 30.5% during the first quarter. Parallel Advisors LLC now owns 321 shares of the bank’s stock valued at $43,000 after buying an additional 75 shares in the last quarter. Finally, Bank of America Corp DE grew its position in Popular by 8.2% during the 1st quarter. Bank of America Corp DE now owns 465,720 shares of the bank’s stock worth $62,486,000 after purchasing an additional 35,226 shares in the last quarter. 87.27% of the stock is owned by institutional investors and hedge funds.

Popular News Summary

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

(Get Free Report)

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.

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Analyst Recommendations for Popular (NASDAQ:BPOP)

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