Illinois Municipal Retirement Fund Purchases 22,203 Shares of PayPal Holdings, Inc. $PYPL

Illinois Municipal Retirement Fund increased its position in shares of PayPal Holdings, Inc. (NASDAQ:PYPL) by 48.8% during the 3rd quarter, according to the company in its most recent disclosure with the Securities and Exchange Commission. The firm owned 67,684 shares of the credit services provider’s stock after buying an additional 22,203 shares during the period. Illinois Municipal Retirement Fund’s holdings in PayPal were worth $4,539,000 at the end of the most recent quarter.

Other hedge funds also recently added to or reduced their stakes in the company. Varma Mutual Pension Insurance Co raised its holdings in shares of PayPal by 22.0% in the 3rd quarter. Varma Mutual Pension Insurance Co now owns 195,929 shares of the credit services provider’s stock valued at $13,139,000 after purchasing an additional 35,300 shares in the last quarter. Caisse Des Depots ET Consignations purchased a new position in PayPal during the third quarter valued at approximately $1,799,000. Eubel Brady & Suttman Asset Management Inc. increased its holdings in PayPal by 2.8% during the third quarter. Eubel Brady & Suttman Asset Management Inc. now owns 472,379 shares of the credit services provider’s stock valued at $31,678,000 after buying an additional 13,052 shares during the period. Savvy Advisors Inc. raised its stake in PayPal by 7.4% in the third quarter. Savvy Advisors Inc. now owns 5,646 shares of the credit services provider’s stock worth $379,000 after buying an additional 388 shares in the last quarter. Finally, LSV Asset Management lifted its holdings in PayPal by 4.0% during the third quarter. LSV Asset Management now owns 3,752,260 shares of the credit services provider’s stock worth $251,627,000 after buying an additional 143,559 shares during the period. 68.32% of the stock is owned by hedge funds and other institutional investors.

Insider Activity

In related news, insider Suzan Kereere sold 4,162 shares of PayPal stock in a transaction dated Wednesday, November 19th. The stock was sold at an average price of $59.84, for a total transaction of $249,054.08. Following the completion of the sale, the insider owned 30,983 shares of the company’s stock, valued at $1,854,022.72. The trade was a 11.84% decrease in their ownership of the stock. The transaction was disclosed in a document filed with the SEC, which is available through this hyperlink. Also, EVP Frank Keller sold 3,478 shares of the company’s stock in a transaction that occurred on Friday, February 6th. The shares were sold at an average price of $40.20, for a total value of $139,815.60. Following the completion of the sale, the executive vice president owned 51,567 shares in the company, valued at approximately $2,072,993.40. This represents a 6.32% decrease in their position. The disclosure for this sale is available in the SEC filing. Company insiders own 0.08% of the company’s stock.

PayPal Stock Up 3.1%

NASDAQ:PYPL opened at $40.29 on Friday. The company has a current ratio of 1.29, a quick ratio of 1.29 and a debt-to-equity ratio of 0.49. PayPal Holdings, Inc. has a twelve month low of $38.46 and a twelve month high of $79.50. The company has a market cap of $37.09 billion, a PE ratio of 7.45, a P/E/G ratio of 1.04 and a beta of 1.43. The company’s 50 day moving average is $55.01 and its two-hundred day moving average is $63.10.

PayPal (NASDAQ:PYPL) last posted its quarterly earnings results on Tuesday, February 3rd. The credit services provider reported $1.23 earnings per share (EPS) for the quarter, missing analysts’ consensus estimates of $1.29 by ($0.06). The company had revenue of $8.68 billion during the quarter, compared to analysts’ expectations of $8.82 billion. PayPal had a return on equity of 25.42% and a net margin of 15.77%.The company’s quarterly revenue was up 4.0% on a year-over-year basis. During the same period in the prior year, the business posted $1.19 EPS. Analysts anticipate that PayPal Holdings, Inc. will post 5.03 EPS for the current year.

PayPal Announces Dividend

The company also recently disclosed a quarterly dividend, which will be paid on Wednesday, March 25th. Stockholders of record on Wednesday, March 4th will be issued a $0.14 dividend. The ex-dividend date of this dividend is Wednesday, March 4th. This represents a $0.56 dividend on an annualized basis and a dividend yield of 1.4%. PayPal’s dividend payout ratio is currently 10.35%.

Wall Street Analysts Forecast Growth

A number of research analysts have recently issued reports on PYPL shares. Morgan Stanley cut their price target on PayPal from $50.00 to $34.00 and set an “underweight” rating on the stock in a report on Wednesday, February 4th. UBS Group reiterated a “neutral” rating and issued a $44.00 target price on shares of PayPal in a research note on Wednesday, February 4th. Evercore decreased their price target on shares of PayPal from $65.00 to $40.00 and set an “in-line” rating for the company in a research report on Tuesday, February 3rd. Robert W. Baird set a $52.00 price objective on shares of PayPal in a research report on Wednesday, February 4th. Finally, Citizens Jmp reiterated a “market perform” rating on shares of PayPal in a research note on Wednesday, February 4th. Ten investment analysts have rated the stock with a Buy rating, thirty have assigned a Hold rating and five have issued a Sell rating to the company. According to MarketBeat.com, the stock has a consensus rating of “Hold” and an average price target of $61.03.

Key Headlines Impacting PayPal

Here are the key news stories impacting PayPal this week:

• Positive Sentiment: PayPal announced an agentic AI travel partnership with Sabre and Mindtrip — a move that highlights PayPal’s AI and commerce strategy and could expand payments volume in travel and bookings. Sabre, PayPal, and Mindtrip partner
• Positive Sentiment: Coverage notes Venmo momentum and PayPal’s AI investments as potential growth drivers vs. competitors — these business positives may support a longer-term recovery if execution improves. PayPal vs. Block
• Neutral Sentiment: Analysts and outlets are parsing next steps after the Q4 miss and CEO transition; pieces summarize strategic options but offer no immediate catalyst. What’s next after Q4 crash
• Negative Sentiment: Multiple law firms (Kessler Topaz; Pomerantz) have opened investor investigations into PayPal, increasing legal/liability risk and weighing on sentiment. Kessler Topaz investigation notice Pomerantz investor alert
• Negative Sentiment: Analysts have cut ratings and targets — Zacks moved PayPal to a “Strong Sell” and several firms trimmed EPS/price targets (e.g., Daiwa to $42) — pressuring the stock. Zacks downgrade Daiwa cuts price target
• Negative Sentiment: Market commentary highlights the scale of recent share losses and lingering execution issues; retail sentiment has turned bearish and shares have plunged year-to-date. Execution crisis coverage
• Negative Sentiment: Revenue missed expectations and management change was flagged after Q4, creating short-term uncertainty around guidance and execution. Revenue miss & CEO change

PayPal Profile

PayPal Holdings, Inc operates a global digital payments platform that enables consumers and merchants to send and receive payments online, on mobile devices and at the point of sale. The company provides a broad set of payment solutions, including a digital wallet, merchant payment processing, checkout services, invoicing and fraud-management tools. PayPal’s platform is designed to support e-commerce, in-person retail and person-to-person transfers, targeting both individual consumers and businesses of varying sizes.

Key products and services in PayPal’s portfolio include the PayPal wallet and checkout ecosystem, the Venmo peer-to-peer mobile app, Braintree’s developer-focused payment gateway, Xoom for international money transfers, and PayPal Credit and buy-now-pay-later options.