Mirova lowered its position in eBay Inc. (NASDAQ:EBAY – Free Report) by 11.5% in the third quarter, according to the company in its most recent Form 13F filing with the Securities and Exchange Commission. The fund owned 131,328 shares of the e-commerce company’s stock after selling 17,005 shares during the quarter. eBay makes up approximately 1.7% of Mirova’s portfolio, making the stock its 15th biggest position. Mirova’s holdings in eBay were worth $11,944,000 at the end of the most recent quarter.
Other large investors have also modified their holdings of the company. Financial Consulate Inc. purchased a new stake in eBay in the 3rd quarter valued at $27,000. Steigerwald Gordon & Koch Inc. purchased a new position in eBay during the 3rd quarter worth $28,000. JPL Wealth Management LLC purchased a new position in eBay during the 3rd quarter worth $28,000. Sumitomo Mitsui Financial Group Inc. increased its stake in eBay by 155.3% in the second quarter. Sumitomo Mitsui Financial Group Inc. now owns 411 shares of the e-commerce company’s stock valued at $30,000 after purchasing an additional 250 shares during the period. Finally, Salomon & Ludwin LLC acquired a new position in eBay in the third quarter valued at $32,000. 87.48% of the stock is owned by institutional investors and hedge funds.
Analysts Set New Price Targets
Several equities research analysts have recently weighed in on EBAY shares. Citizens Jmp reiterated a “market outperform” rating and set a $115.00 target price on shares of eBay in a research note on Wednesday, January 28th. Deutsche Bank Aktiengesellschaft boosted their price target on eBay from $100.00 to $118.00 and gave the company a “buy” rating in a research report on Monday, February 23rd. Arete Research upped their price objective on eBay from $91.00 to $103.00 and gave the company a “neutral” rating in a research note on Thursday, January 15th. Wall Street Zen raised eBay from a “hold” rating to a “buy” rating in a research report on Saturday, February 21st. Finally, Benchmark lifted their target price on eBay from $110.00 to $115.00 and gave the company a “buy” rating in a research note on Thursday, February 19th. Fourteen analysts have rated the stock with a Buy rating, nineteen have given a Hold rating and one has given a Sell rating to the company. According to data from MarketBeat.com, the stock presently has an average rating of “Hold” and a consensus target price of $97.97.
Insiders Place Their Bets
In related news, SVP Jordan Douglas Bradle Sweetnam sold 33,441 shares of the company’s stock in a transaction on Friday, January 30th. The stock was sold at an average price of $91.99, for a total transaction of $3,076,237.59. Following the transaction, the senior vice president owned 4,733 shares of the company’s stock, valued at $435,388.67. This represents a 87.60% decrease in their ownership of the stock. The sale was disclosed in a legal filing with the SEC, which is available at this link. 0.64% of the stock is owned by corporate insiders.
eBay Trading Down 2.0%
Shares of eBay stock opened at $91.77 on Thursday. The firm has a market cap of $41.11 billion, a price-to-earnings ratio of 21.10, a price-to-earnings-growth ratio of 1.96 and a beta of 1.38. eBay Inc. has a 52-week low of $58.71 and a 52-week high of $101.15. The company’s 50-day simple moving average is $89.84 and its 200-day simple moving average is $88.48. The company has a quick ratio of 1.10, a current ratio of 1.10 and a debt-to-equity ratio of 1.30.
eBay (NASDAQ:EBAY – Get Free Report) last announced its quarterly earnings data on Wednesday, February 18th. The e-commerce company reported $1.41 EPS for the quarter, beating analysts’ consensus estimates of $1.35 by $0.06. eBay had a net margin of 18.30% and a return on equity of 43.04%. The firm had revenue of $2.97 billion during the quarter, compared to the consensus estimate of $2.87 billion. During the same quarter last year, the firm earned $1.25 earnings per share. The firm’s revenue was up 15.0% compared to the same quarter last year. eBay has set its Q1 2026 guidance at 1.530-1.590 EPS. As a group, equities research analysts anticipate that eBay Inc. will post 3.86 earnings per share for the current year.
eBay Increases Dividend
The firm also recently declared a quarterly dividend, which will be paid on Friday, March 20th. Investors of record on Friday, March 6th will be paid a $0.31 dividend. This represents a $1.24 dividend on an annualized basis and a dividend yield of 1.4%. This is a boost from eBay’s previous quarterly dividend of $0.29. The ex-dividend date is Friday, March 6th. eBay’s dividend payout ratio (DPR) is presently 28.51%.
About eBay
eBay Inc is a global e-commerce company that operates an online marketplace connecting individual consumers and businesses for the sale and purchase of new, used and collectible goods. Founded in 1995 by Pierre Omidyar and headquartered in San Jose, California, eBay grew from its early auction-style site into a diversified platform offering both auction-format listings and fixed-price “Buy It Now” transactions. The company completed an initial public offering in the late 1990s and has since evolved its platform and services to support a broad range of product categories and buyer preferences.
The company’s core business centers on its marketplace platform, which provides listing, search and transaction capabilities for millions of items across consumer goods, electronics, fashion, collectibles and more.
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