Mackenzie Financial Corp Has $10.52 Million Stake in PayPal Holdings, Inc. $PYPL

Mackenzie Financial Corp increased its position in shares of PayPal Holdings, Inc. (NASDAQ:PYPL) by 11.1% during the second quarter, according to its most recent filing with the Securities & Exchange Commission. The fund owned 141,486 shares of the credit services provider’s stock after acquiring an additional 14,125 shares during the period. Mackenzie Financial Corp’s holdings in PayPal were worth $10,515,000 at the end of the most recent reporting period.

Several other large investors have also recently bought and sold shares of PYPL. Brighton Jones LLC boosted its position in PayPal by 15.2% during the 4th quarter. Brighton Jones LLC now owns 6,989 shares of the credit services provider’s stock worth $596,000 after buying an additional 924 shares during the period. Revolve Wealth Partners LLC bought a new position in shares of PayPal during the fourth quarter valued at $248,000. Harbour Investments Inc. lifted its holdings in shares of PayPal by 10.6% during the first quarter. Harbour Investments Inc. now owns 8,746 shares of the credit services provider’s stock worth $571,000 after purchasing an additional 840 shares during the period. Commerce Bank grew its stake in shares of PayPal by 11.7% in the first quarter. Commerce Bank now owns 39,201 shares of the credit services provider’s stock worth $2,558,000 after purchasing an additional 4,118 shares during the last quarter. Finally, J. Safra Sarasin Holding AG bought a new stake in shares of PayPal in the first quarter worth $238,000. 68.32% of the stock is currently owned by institutional investors.

PayPal Stock Performance

Shares of PYPL stock opened at $62.90 on Wednesday. The firm has a 50 day moving average of $66.93 and a 200-day moving average of $69.69. The company has a market cap of $58.85 billion, a price-to-earnings ratio of 12.61, a price-to-earnings-growth ratio of 0.84 and a beta of 1.43. The company has a quick ratio of 1.34, a current ratio of 1.34 and a debt-to-equity ratio of 0.56. PayPal Holdings, Inc. has a 52 week low of $55.85 and a 52 week high of $93.66.

PayPal (NASDAQ:PYPL) last released its earnings results on Tuesday, October 28th. The credit services provider reported $1.34 earnings per share (EPS) for the quarter, beating analysts’ consensus estimates of $1.20 by $0.14. The company had revenue of $8.42 billion for the quarter, compared to the consensus estimate of $8.21 billion. PayPal had a net margin of 14.96% and a return on equity of 25.64%. PayPal’s quarterly revenue was up 7.3% compared to the same quarter last year. During the same quarter in the previous year, the company earned $1.20 EPS. PayPal has set its Q4 2025 guidance at 1.270-1.310 EPS and its FY 2025 guidance at 5.350-5.390 EPS. On average, equities analysts forecast that PayPal Holdings, Inc. will post 5.03 earnings per share for the current year.

PayPal Announces Dividend

The business also recently disclosed a quarterly dividend, which will be paid on Wednesday, December 10th. Stockholders of record on Wednesday, November 19th will be given a dividend of $0.14 per share. This represents a $0.56 dividend on an annualized basis and a dividend yield of 0.9%. The ex-dividend date of this dividend is Wednesday, November 19th. PayPal’s dividend payout ratio is 11.22%.

Insider Transactions at PayPal

In other PayPal news, EVP Aaron Webster sold 9,282 shares of the stock in a transaction that occurred on Monday, November 10th. The stock was sold at an average price of $66.29, for a total value of $615,303.78. Following the transaction, the executive vice president owned 35,699 shares in the company, valued at approximately $2,366,486.71. This represents a 20.64% decrease in their ownership of the stock. The sale was disclosed in a legal filing with the Securities & Exchange Commission, which is accessible through this hyperlink. Also, CAO Chris Natali sold 1,374 shares of the firm’s stock in a transaction that occurred on Thursday, October 30th. The shares were sold at an average price of $69.13, for a total value of $94,984.62. Additional details regarding this sale are available in the official SEC disclosure. In the last 90 days, insiders have sold 36,156 shares of company stock valued at $2,432,524. 0.08% of the stock is currently owned by corporate insiders.

Wall Street Analyst Weigh In

Several research analysts recently issued reports on PYPL shares. Jefferies Financial Group lowered their target price on PayPal from $75.00 to $60.00 and set a “hold” rating for the company in a research report on Monday, November 24th. Argus increased their target price on shares of PayPal from $81.00 to $87.00 and gave the company a “buy” rating in a research report on Wednesday, October 29th. Needham & Company LLC restated a “hold” rating on shares of PayPal in a research report on Tuesday, October 28th. TD Cowen upped their price objective on shares of PayPal from $75.00 to $80.00 and gave the company a “hold” rating in a research note on Wednesday, October 29th. Finally, Compass Point reissued a “sell” rating and set a $66.00 target price on shares of PayPal in a research note on Wednesday, October 29th. Sixteen analysts have rated the stock with a Buy rating, eighteen have given a Hold rating and four have issued a Sell rating to the company. According to MarketBeat.com, the stock currently has a consensus rating of “Hold” and an average target price of $82.00.

PayPal Company Profile

PayPal Holdings, Inc operates a technology platform that enables digital payments on behalf of merchants and consumers worldwide. It operates a two-sided network at scale that connects merchants and consumers that enables its customers to connect, transact, and send and receive payments through online and in person, as well as transfer and withdraw funds using various funding sources, such as bank accounts, PayPal or Venmo account balance, PayPal and Venmo branded credit products comprising its installment products, credit and debit cards, and cryptocurrencies, as well as other stored value products, including gift cards and eligible rewards.