OMERS ADMINISTRATION Corp Cuts Position in PayPal Holdings, Inc. $PYPL

OMERS ADMINISTRATION Corp lowered its holdings in PayPal Holdings, Inc. (NASDAQ:PYPL) by 31.8% in the first quarter, Holdings Channel.com reports. The fund owned 51,749 shares of the credit services provider’s stock after selling 24,088 shares during the quarter. OMERS ADMINISTRATION Corp’s holdings in PayPal were worth $2,341,000 at the end of the most recent reporting period.

Other institutional investors also recently made changes to their positions in the company. Norges Bank acquired a new stake in shares of PayPal in the fourth quarter valued at about $949,758,000. Vanguard Group Inc. boosted its stake in shares of PayPal by 6.5% during the 4th quarter. Vanguard Group Inc. now owns 90,376,927 shares of the credit services provider’s stock worth $5,276,205,000 after acquiring an additional 5,534,462 shares in the last quarter. SG Americas Securities LLC grew its holdings in shares of PayPal by 355.1% in the 1st quarter. SG Americas Securities LLC now owns 4,967,170 shares of the credit services provider’s stock worth $224,665,000 after acquiring an additional 3,875,688 shares during the period. AQR Capital Management LLC grew its holdings in shares of PayPal by 143.4% in the 4th quarter. AQR Capital Management LLC now owns 5,089,586 shares of the credit services provider’s stock worth $297,130,000 after acquiring an additional 2,998,286 shares during the period. Finally, First Trust Advisors LP increased its stake in PayPal by 65.9% in the 1st quarter. First Trust Advisors LP now owns 5,123,978 shares of the credit services provider’s stock valued at $231,757,000 after purchasing an additional 2,035,268 shares in the last quarter. 68.32% of the stock is currently owned by hedge funds and other institutional investors.

Key Stories Impacting PayPal

Here are the key news stories impacting PayPal this week:

• Positive Sentiment: Q2 results exceeded expectations: Adjusted earnings reached $1.38 per share versus the $1.28 consensus, while revenue rose 4.8% year over year to $8.68 billion, ahead of the $8.47 billion estimate. PayPal’s Q2 Earnings Beat Estimates on TPV & Revenue Growth
• Positive Sentiment: Payment activity remained healthy: Total payment volume increased 10% to $486.4 billion, payment transactions rose 8% to 6.8 billion, and growth at Venmo and Braintree supported the quarter. PayPal also generated $1.8 billion in free cash flow and repurchased approximately 33 million shares. PayPal Q2 revenue rises 5% to $8.7 billion
• Positive Sentiment: Full-year outlook was raised: PayPal now expects 2026 adjusted EPS of approximately $5.38, improving investor confidence that cost reductions and the turnaround under CEO Enrique Lores are beginning to take hold. PayPal presses with turnaround as sale questions linger
• Neutral Sentiment: Takeover speculation remains a catalyst: Management provided no definitive update on reported interest from Stripe and Advent International. PayPal appears open to a higher offer than the reported roughly $53 billion proposal, leaving potential deal-related upside but also uncertainty. PayPal leaves the door open to a higher takeover offer
• Negative Sentiment: Profitability and near-term growth remain concerns: Higher investments weighed on margins, GAAP net income declined year over year, and branded checkout growth was only about 2%. Investors also viewed third-quarter guidance as soft, while analysts maintained Hold ratings pending stronger checkout momentum and evidence that cost savings can offset competitive pressure. PayPal delivers Q2 earnings beat but soft Q3 guidance

PayPal Stock Up 4.0%

PYPL stock opened at $58.32 on Wednesday. The stock has a market capitalization of $51.44 billion, a P/E ratio of 10.94, a PEG ratio of 1.40 and a beta of 1.33. The company has a debt-to-equity ratio of 0.47, a quick ratio of 1.26 and a current ratio of 1.26. PayPal Holdings, Inc. has a one year low of $38.46 and a one year high of $79.21. The company has a 50 day moving average price of $46.22 and a two-hundred day moving average price of $47.02.

PayPal (NASDAQ:PYPL) last announced its quarterly earnings data on Tuesday, July 28th. The credit services provider reported $1.38 EPS for the quarter, beating analysts’ consensus estimates of $1.28 by $0.10. The business had revenue of $8.68 billion during the quarter, compared to the consensus estimate of $8.47 billion. PayPal had a return on equity of 25.02% and a net margin of 15.00%.The business’s revenue for the quarter was up 4.8% on a year-over-year basis. During the same quarter in the previous year, the business earned $1.40 earnings per share. As a group, sell-side analysts expect that PayPal Holdings, Inc. will post 5.32 EPS for the current year.

PayPal Announces Dividend

The company also recently disclosed a quarterly dividend, which was paid on Thursday, June 25th. Stockholders of record on Thursday, June 4th were issued a dividend of $0.14 per share. This represents a $0.56 dividend on an annualized basis and a dividend yield of 1.0%. The ex-dividend date was Thursday, June 4th. PayPal’s dividend payout ratio is presently 10.51%.

Insiders Place Their Bets

In other news, insider Frank Keller sold 4,612 shares of the firm’s stock in a transaction dated Wednesday, June 3rd. The stock was sold at an average price of $42.54, for a total value of $196,194.48. Following the transaction, the insider directly owned 41,567 shares in the company, valued at $1,768,260.18. This trade represents a 9.99% decrease in their position. The transaction was disclosed in a document filed with the SEC, which is available through this hyperlink. The transaction was executed under a pre-arranged Rule 10b5-1 trading plan. Also, insider Suzan Kereere sold 3,379 shares of PayPal stock in a transaction dated Wednesday, June 3rd. The shares were sold at an average price of $42.79, for a total value of $144,587.41. Following the completion of the transaction, the insider directly owned 30,983 shares in the company, valued at $1,325,762.57. This represents a 9.83% decrease in their ownership of the stock. The disclosure for this sale is available in the SEC filing. The transaction was executed under a pre-arranged Rule 10b5-1 trading plan. Insiders sold 8,543 shares of company stock worth $364,325 in the last quarter. 0.63% of the stock is owned by insiders.

Analyst Upgrades and Downgrades

Several research firms recently commented on PYPL. Deutsche Bank Aktiengesellschaft reiterated a “hold” rating on shares of PayPal in a research report on Wednesday. Loop Capital began coverage on shares of PayPal in a report on Tuesday, March 31st. They set a “hold” rating and a $46.00 target price for the company. William Blair restated a “market perform” rating on shares of PayPal in a research report on Wednesday, July 15th. BTIG Research reiterated a “neutral” rating on shares of PayPal in a research report on Wednesday, July 15th. Finally, Canaccord Genuity Group raised their price target on PayPal from $42.00 to $55.00 and gave the stock a “hold” rating in a research report on Thursday, July 16th. Ten equities research analysts have rated the stock with a Buy rating, thirty-three have assigned a Hold rating and four have given a Sell rating to the company’s stock. Based on data from MarketBeat.com, the company has an average rating of “Hold” and a consensus price target of $55.01.

PayPal Company 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.