Savant Capital LLC Raises Holdings in Popular, Inc. $BPOP

Savant Capital LLC raised its holdings in Popular, Inc. (NASDAQ:BPOP) by 68.6% during the third quarter, Holdings Channel.com reports. The firm owned 17,309 shares of the bank’s stock after purchasing an additional 7,043 shares during the period. Savant Capital LLC’s holdings in Popular were worth $2,198,000 at the end of the most recent quarter.

Other large investors have also modified their holdings of the company. Baron Wealth Management LLC increased its position in shares of Popular by 2.5% during the 3rd quarter. Baron Wealth Management LLC now owns 3,597 shares of the bank’s stock worth $457,000 after purchasing an additional 87 shares during the last quarter. KLP Kapitalforvaltning AS boosted its stake in Popular by 0.6% during the third quarter. KLP Kapitalforvaltning AS now owns 17,000 shares of the bank’s stock worth $2,171,000 after buying an additional 100 shares during the period. Nebula Research & Development LLC increased its position in shares of Popular by 1.3% during the second quarter. Nebula Research & Development LLC now owns 9,579 shares of the bank’s stock valued at $1,056,000 after acquiring an additional 119 shares during the last quarter. Greenwich Wealth Management LLC raised its stake in shares of Popular by 0.5% in the 2nd quarter. Greenwich Wealth Management LLC now owns 28,267 shares of the bank’s stock valued at $3,115,000 after acquiring an additional 130 shares during the period. Finally, Forum Financial Management LP lifted its holdings in shares of Popular by 6.2% in the 2nd quarter. Forum Financial Management LP now owns 2,671 shares of the bank’s stock worth $294,000 after acquiring an additional 157 shares during the last quarter. Institutional investors and hedge funds own 87.27% of the company’s stock.

Key Headlines Impacting Popular

Here are the key news stories impacting Popular this week:

• Positive Sentiment: Zacks upgraded Popular from Hold to Strong Buy and moved BPOP onto its Rank #1 value list—an upgrade that tends to attract value-focused and quant-driven buyers. Read More.
• Positive Sentiment: Independent coverage shows analysts maintaining a Buy consensus on BPOP, reinforcing demand from institutional and retail investors looking for banks with attractive valuations. Read More.
• Positive Sentiment: Market commentary highlights BPOP hitting a 52‑week high and discusses whether the rally can continue—this momentum narrative can draw momentum and breakout buyers. Read More.
• Positive Sentiment: Coverage noting analyst target adjustments and a fair‑value reset is reframing the narrative on BPOP, supporting renewed interest from value and target‑price driven investors. Read More.
• Neutral Sentiment: Zacks published a deeper note weighing BPOP’s appeal to value investors using its rank system—useful analysis but not an immediate catalyst. Read More.
• Neutral Sentiment: A few unrelated headlines that reference the “Popular” name (e.g., an ice‑cream chain Chapter 11 filing) could create short‑term headline noise or confusion but don’t reflect bank fundamentals. Read More.

Popular Trading Up 2.2%

Shares of BPOP stock opened at $145.97 on Monday. Popular, Inc. has a twelve month low of $78.23 and a twelve month high of $146.95. The firm has a fifty day simple moving average of $126.40 and a 200-day simple moving average of $121.67. The company has a market capitalization of $9.73 billion, a PE ratio of 11.85, a price-to-earnings-growth ratio of 0.91 and a beta of 0.63.

Popular (NASDAQ:BPOP) last issued its earnings results on Tuesday, January 27th. The bank reported $3.38 EPS for the quarter, topping the consensus estimate of $3.02 by $0.36. The company had revenue of $815.98 million during the quarter, compared to analyst estimates of $811.55 million. Popular had a return on equity of 13.87% and a net margin of 18.75%.During the same quarter last year, the firm earned $2.51 EPS. Equities research analysts predict that Popular, Inc. will post 10.06 EPS for the current year.

Popular Dividend Announcement

The business also recently disclosed a quarterly dividend, which was paid on Friday, January 2nd. Stockholders of record on Friday, December 5th were given a dividend of $0.75 per share. This represents a $3.00 dividend on an annualized basis and a dividend yield of 2.1%. The ex-dividend date was Friday, December 5th. Popular’s dividend payout ratio is 24.35%.

Insiders Place Their Bets

In other Popular news, Director Richard L. Carrion sold 25,000 shares of the stock in a transaction that occurred on Monday, November 24th. The shares were sold at an average price of $113.50, for a total value of $2,837,500.00. Following the completion of the sale, the director owned 193,020 shares in the company, valued at $21,907,770. This represents a 11.47% decrease in their position. The transaction was disclosed in a filing with the Securities & Exchange Commission, which is available through this hyperlink. Also, VP Adorno Denissa Rodriguez sold 1,000 shares of Popular stock in a transaction on Friday, November 21st. The shares were sold at an average price of $114.84, for a total transaction of $114,840.00. Following the sale, the vice president directly owned 2,604 shares of the company’s stock, valued at $299,043.36. This trade represents a 27.75% decrease in their position. Additional details regarding this sale are available in the official SEC disclosure. In the last quarter, insiders have sold 28,360 shares of company stock worth $3,265,040. Company insiders own 2.09% of the company’s stock.

Wall Street Analyst Weigh In

A number of brokerages recently commented on BPOP. Weiss Ratings restated a “buy (b)” rating on shares of Popular in a report on Wednesday, January 21st. Bank of America upgraded shares of Popular from a “neutral” rating to a “buy” rating and set a $156.00 price target on the stock in a research note on Tuesday, February 3rd. Wells Fargo & Company lowered their price objective on shares of Popular from $150.00 to $135.00 and set an “overweight” rating on the stock in a research report on Friday, October 24th. Citigroup boosted their price objective on shares of Popular from $144.00 to $161.00 and gave the company a “buy” rating in a research note on Thursday, January 29th. Finally, Piper Sandler initiated coverage on shares of Popular in a research note on Thursday, January 15th. They set an “overweight” rating and a $152.00 price target on the stock. One research analyst has rated the stock with a Strong Buy rating, ten have issued a Buy rating and one has assigned a Hold rating to the company. According to data from MarketBeat, the stock presently has a consensus rating of “Buy” and an average target price of $155.73.

Popular Company Profile

Popular, Inc, headquartered in San Juan, Puerto Rico, is a financial holding company and a leading provider of banking services in the United States mainland and Puerto Rico. Through its primary subsidiaries—Banco Popular de Puerto Rico and Popular Bank—the company delivers comprehensive commercial and consumer banking solutions. It offers deposit products, lending facilities, cash management services and payment-processing solutions designed for individuals, small businesses and large corporations.

The company’s product suite encompasses checking and savings accounts, certificates of deposit, residential and commercial mortgage loans, business lines of credit and credit cards.