Several brokerages have updated their recommendations and price targets on shares of Popular (NASDAQ: BPOP) in the last few weeks:
- 7/13/2026 – Popular had its price target raised by Truist Financial Corporation from $172.00 to $192.00. They now have a “buy” rating on the stock.
- 7/7/2026 – Popular had its price target raised by Barclays PLC from $180.00 to $185.00. They now have an “overweight” rating on the stock.
- 7/6/2026 – Popular had its price target raised by Wells Fargo & Company from $165.00 to $180.00. They now have an “overweight” rating on the stock.
- 6/26/2026 – Popular had its price target raised by Piper Sandler from $173.00 to $190.00. They now have an “overweight” rating on the stock.
- 6/25/2026 – Popular had its price target raised by Citigroup Inc. from $178.00 to $188.00. They now have a “buy” rating on the stock.
- 6/22/2026 – Popular had its price target raised by Piper Sandler from $173.00 to $190.00. They now have an “overweight” rating on the stock.
Popular Announces Dividend
The company also recently declared a quarterly dividend, which was paid on Wednesday, July 1st. Stockholders of record on Friday, May 29th were given a $0.75 dividend. The ex-dividend date of this dividend was Friday, May 29th. This represents a $3.00 dividend on an annualized basis and a dividend yield of 1.8%. Popular’s dividend payout ratio (DPR) is currently 22.16%.
Insider Activity
In related news, Director Alejandro M. Ballester sold 23,000 shares of Popular stock in a transaction on Thursday, April 30th. The shares were sold at an average price of $150.00, for a total value of $3,450,000.00. Following the transaction, the director owned 34,588 shares in the company, valued at $5,188,200. This trade represents a 39.94% decrease in their position. The sale was disclosed in a legal filing with the SEC, which is available through this link. Also, EVP Maria Cristin Gonzalez-Noguera sold 6,200 shares of Popular stock in a transaction that occurred on Friday, May 1st. The stock was sold at an average price of $148.51, for a total value of $920,762.00. Following the completion of the transaction, the executive vice president directly owned 11,255 shares in the company, valued at approximately $1,671,480.05. This represents a 35.52% decrease in their ownership of the stock. The disclosure for this sale is available in the SEC filing. Insiders have sold a total of 29,500 shares of company stock valued at $4,415,870 over the last 90 days. 2.13% of the stock is currently owned by company insiders.
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.
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