Boston Partners Decreases Holdings in eBay Inc. $EBAY

Boston Partners trimmed its stake in eBay Inc. (NASDAQ:EBAY) by 1.9% during the second quarter, HoldingsChannel reports. The institutional investor owned 4,673,022 shares of the e-commerce company’s stock after selling 89,850 shares during the period. Boston Partners’ holdings in eBay were worth $348,158,000 as of its most recent SEC filing.

A number of other institutional investors and hedge funds have also recently bought and sold shares of EBAY. Independent Franchise Partners LLP increased its stake in eBay by 4.6% in the first quarter. Independent Franchise Partners LLP now owns 11,689,267 shares of the e-commerce company’s stock valued at $791,714,000 after purchasing an additional 510,629 shares during the period. Nordea Investment Management AB boosted its stake in shares of eBay by 5.6% during the second quarter. Nordea Investment Management AB now owns 9,085,603 shares of the e-commerce company’s stock worth $674,061,000 after buying an additional 478,410 shares during the period. Invesco Ltd. grew its holdings in shares of eBay by 8.0% during the first quarter. Invesco Ltd. now owns 8,441,396 shares of the e-commerce company’s stock worth $571,736,000 after buying an additional 627,823 shares during the last quarter. Northern Trust Corp grew its holdings in shares of eBay by 4.4% during the first quarter. Northern Trust Corp now owns 7,109,481 shares of the e-commerce company’s stock worth $481,525,000 after buying an additional 300,216 shares during the last quarter. Finally, UBS AM A Distinct Business Unit of UBS Asset Management Americas LLC increased its position in eBay by 5.5% in the 1st quarter. UBS AM A Distinct Business Unit of UBS Asset Management Americas LLC now owns 6,157,105 shares of the e-commerce company’s stock valued at $417,021,000 after acquiring an additional 322,910 shares during the period. 87.48% of the stock is owned by hedge funds and other institutional investors.

eBay Price Performance

Shares of NASDAQ:EBAY opened at $82.79 on Wednesday. The company has a debt-to-equity ratio of 1.05, a quick ratio of 1.00 and a current ratio of 1.00. The business’s fifty day moving average price is $88.79 and its two-hundred day moving average price is $84.78. The stock has a market cap of $37.42 billion, a PE ratio of 18.00, a price-to-earnings-growth ratio of 2.39 and a beta of 1.29. eBay Inc. has a one year low of $58.71 and a one year high of $101.15.

eBay (NASDAQ:EBAY) last issued its quarterly earnings results on Wednesday, October 29th. The e-commerce company reported $1.36 EPS for the quarter, topping analysts’ consensus estimates of $1.33 by $0.03. The business had revenue of $2.82 billion during the quarter, compared to the consensus estimate of $2.73 billion. eBay had a net margin of 20.37% and a return on equity of 41.45%. The company’s quarterly revenue was up 9.5% compared to the same quarter last year. During the same period in the previous year, the firm posted $1.19 earnings per share. eBay has set its FY 2025 guidance at 4.090-4.140 EPS. Q4 2025 guidance at 1.310-1.360 EPS. On average, analysts forecast that eBay Inc. will post 3.86 EPS for the current fiscal year.

eBay Announces Dividend

The business also recently announced a quarterly dividend, which will be paid on Friday, December 12th. Investors of record on Friday, November 28th will be given a $0.29 dividend. The ex-dividend date of this dividend is Friday, November 28th. This represents a $1.16 annualized dividend and a dividend yield of 1.4%. eBay’s dividend payout ratio (DPR) is currently 25.22%.

Insider Activity at eBay

In other news, SVP Cornelius Boone sold 4,439 shares of the business’s stock in a transaction dated Thursday, September 18th. The stock was sold at an average price of $89.53, for a total transaction of $397,423.67. Following the completion of the sale, the senior vice president owned 93,392 shares in the company, valued at approximately $8,361,385.76. The trade was a 4.54% decrease in their position. The sale was disclosed in a document filed with the Securities & Exchange Commission, which can be accessed through this link. Also, SVP Jordan Douglas Bradle Sweetnam sold 1,006 shares of the firm’s stock in a transaction on Tuesday, November 18th. The shares were sold at an average price of $82.04, for a total transaction of $82,532.24. Following the completion of the transaction, the senior vice president directly owned 3,868 shares in the company, valued at approximately $317,330.72. This represents a 20.64% decrease in their position. The SEC filing for this sale provides additional information. Insiders have sold a total of 64,323 shares of company stock valued at $5,444,100 in the last ninety days. 0.64% of the stock is owned by company insiders.

Wall Street Analyst Weigh In

A number of equities analysts have commented on EBAY shares. Wells Fargo & Company upped their price objective on shares of eBay from $89.00 to $96.00 and gave the stock an “equal weight” rating in a research report on Thursday, October 30th. UBS Group set a $95.00 price target on shares of eBay in a research note on Thursday, October 30th. Wedbush raised their price objective on shares of eBay from $90.00 to $95.00 and gave the company a “neutral” rating in a research report on Friday, October 31st. Citigroup reaffirmed a “market outperform” rating on shares of eBay in a report on Thursday, October 30th. Finally, Cantor Fitzgerald boosted their target price on eBay from $85.00 to $90.00 and gave the stock a “neutral” rating in a research report on Thursday, October 30th. One investment analyst has rated the stock with a Strong Buy rating, fourteen have issued a Buy rating, twenty-one have given a Hold rating and two have given a Sell rating to the company. According to MarketBeat, eBay currently has an average rating of “Hold” and an average price target of $94.69.

eBay Profile

eBay Inc, together with its subsidiaries, operates marketplace platforms that connect buyers and sellers in the United States, the United Kingdom, China, Germany, and internationally. The company’s marketplace platform includes its online marketplace at ebay.com, off-platform businesses, and the eBay suite of mobile apps.