PayPal Holdings, Inc. $PYPL is Ardmore Road Asset Management LP’s 10th Largest Position

Ardmore Road Asset Management LP increased its stake in PayPal Holdings, Inc. (NASDAQ:PYPL) by 116.7% during the 2nd quarter, according to its most recent disclosure with the Securities and Exchange Commission. The fund owned 650,000 shares of the credit services provider’s stock after purchasing an additional 350,000 shares during the quarter. PayPal accounts for 4.0% of Ardmore Road Asset Management LP’s portfolio, making the stock its 10th largest position. Ardmore Road Asset Management LP’s holdings in PayPal were worth $48,308,000 as of its most recent filing with the Securities and Exchange Commission.

A number of other large investors have also added to or reduced their stakes in the stock. Norges Bank bought a new position in shares of PayPal during the 2nd quarter valued at $921,570,000. Nuveen LLC purchased a new stake in PayPal during the first quarter valued at $529,264,000. Invesco Ltd. increased its position in PayPal by 14.9% during the first quarter. Invesco Ltd. now owns 9,516,070 shares of the credit services provider’s stock valued at $620,924,000 after acquiring an additional 1,232,155 shares during the last quarter. Arrowstreet Capital Limited Partnership lifted its holdings in PayPal by 45.0% in the second quarter. Arrowstreet Capital Limited Partnership now owns 3,569,023 shares of the credit services provider’s stock valued at $265,250,000 after acquiring an additional 1,107,202 shares during the period. Finally, Robeco Institutional Asset Management B.V. boosted its position in PayPal by 15.2% in the second quarter. Robeco Institutional Asset Management B.V. now owns 5,726,695 shares of the credit services provider’s stock worth $425,608,000 after purchasing an additional 756,058 shares during the last quarter. Institutional investors own 68.32% of the company’s stock.

PayPal Price Performance

Shares of PayPal stock opened at $62.28 on Friday. The company has a market capitalization of $58.27 billion, a price-to-earnings ratio of 12.48, a PEG ratio of 0.83 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. The stock’s 50-day simple moving average is $66.60 and its 200-day simple moving average is $69.51. PayPal Holdings, Inc. has a 52 week low of $55.85 and a 52 week high of $93.66.

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

PayPal Dividend Announcement

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

Analyst Upgrades and Downgrades

A number of research firms have issued reports on PYPL. Robert W. Baird set a $83.00 price target on shares of PayPal in a research report on Wednesday, October 29th. Truist Financial boosted their target price on shares of PayPal from $65.00 to $66.00 and gave the company a “sell” rating in a research report on Tuesday, November 4th. Deutsche Bank Aktiengesellschaft reduced their target price on shares of PayPal from $75.00 to $65.00 and set a “hold” rating for the company in a report on Friday. The Goldman Sachs Group lifted their price target on shares of PayPal from $70.00 to $72.00 and gave the stock a “sell” rating in a research note on Wednesday, October 29th. Finally, Dbs Bank cut their price objective on shares of PayPal from $75.00 to $70.00 and set a “hold” rating for the company in a research report on Thursday, November 13th. Fifteen research analysts have rated the stock with a Buy rating, nineteen have assigned a Hold rating and four have assigned a Sell rating to the company. Based on data from MarketBeat, the company presently has an average rating of “Hold” and a consensus target price of $81.39.

Insider Activity at PayPal

In other PayPal news, CAO Chris Natali sold 1,374 shares of the stock in a transaction dated Thursday, October 30th. The shares were sold at an average price of $69.13, for a total transaction of $94,984.62. The transaction was disclosed in a filing with the Securities & Exchange Commission, which is accessible through the SEC website. Also, EVP Aaron Webster sold 9,282 shares of the firm’s stock in a transaction dated Monday, November 10th. The shares were 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 of the company’s stock, valued at approximately $2,366,486.71. The trade was a 20.64% decrease in their position. The disclosure for this sale is available in the SEC filing. Insiders have sold a total of 36,156 shares of company stock worth $2,432,524 in the last three months. Insiders own 0.08% of the company’s stock.

About PayPal

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.