Hunter Associates Investment Management LLC Raises Stake in Shift4 Payments, Inc. $FOUR

Hunter Associates Investment Management LLC increased its holdings in shares of Shift4 Payments, Inc. (NYSE:FOUR) by 15.2% during the 1st quarter, HoldingsChannel reports. The fund owned 130,889 shares of the company’s stock after buying an additional 17,245 shares during the period. Shift4 Payments accounts for approximately 0.8% of Hunter Associates Investment Management LLC’s portfolio, making the stock its 26th biggest holding. Hunter Associates Investment Management LLC’s holdings in Shift4 Payments were worth $5,726,000 as of its most recent filing with the Securities and Exchange Commission (SEC).

A number of other hedge funds and other institutional investors have also bought and sold shares of the business. CIBC Bancorp USA Inc. bought a new stake in shares of Shift4 Payments in the 3rd quarter worth approximately $77,303,000. KTF Investments LLC bought a new position in Shift4 Payments during the 4th quarter valued at approximately $4,248,000. Maxi Investments CY Ltd increased its position in Shift4 Payments by 368.3% during the 3rd quarter. Maxi Investments CY Ltd now owns 77,585 shares of the company’s stock valued at $6,005,000 after buying an additional 61,017 shares in the last quarter. Kennedy Capital Management LLC raised its stake in Shift4 Payments by 43.8% during the third quarter. Kennedy Capital Management LLC now owns 193,366 shares of the company’s stock valued at $14,967,000 after buying an additional 58,920 shares during the last quarter. Finally, M&T Bank Corp raised its stake in Shift4 Payments by 2,674.9% during the fourth quarter. M&T Bank Corp now owns 136,608 shares of the company’s stock valued at $8,602,000 after buying an additional 131,685 shares during the last quarter. Hedge funds and other institutional investors own 98.87% of the company’s stock.

Insider Activity

In other Shift4 Payments news, major shareholder Jared Isaacman purchased 195,500 shares of the stock in a transaction dated Monday, May 11th. The shares were purchased at an average cost of $41.41 per share, with a total value of $8,095,655.00. Following the completion of the acquisition, the insider directly owned 1,594,455 shares in the company, valued at $66,026,381.55. This trade represents a 13.97% increase in their position. The transaction was disclosed in a document filed with the SEC, which is accessible through this hyperlink. 1.54% of the stock is currently owned by insiders.

Shift4 Payments Price Performance

Shares of NYSE FOUR opened at $51.23 on Friday. The firm has a market cap of $4.06 billion, a P/E ratio of 60.99, a PEG ratio of 0.55 and a beta of 1.41. Shift4 Payments, Inc. has a twelve month low of $34.56 and a twelve month high of $108.50. The company has a quick ratio of 1.22, a current ratio of 1.22 and a debt-to-equity ratio of 2.55. The company has a 50 day moving average of $42.83 and a 200 day moving average of $50.77.

Shift4 Payments (NYSE:FOUR) last issued its earnings results on Thursday, May 7th. The company reported $0.97 EPS for the quarter, missing the consensus estimate of $0.99 by ($0.02). The business had revenue of $1.12 billion for the quarter, compared to analysts’ expectations of $1.09 billion. Shift4 Payments had a net margin of 2.63% and a return on equity of 33.55%. The business’s revenue for the quarter was up 49.0% on a year-over-year basis. During the same quarter in the prior year, the business posted $1.07 earnings per share. Shift4 Payments has set its FY 2026 guidance at 5.500-5.700 EPS. As a group, research analysts expect that Shift4 Payments, Inc. will post 4.77 EPS for the current fiscal year.

Analysts Set New Price Targets

Several research firms have commented on FOUR. BMO Capital Markets began coverage on Shift4 Payments in a report on Tuesday, April 21st. They issued a “market perform” rating and a $50.00 target price on the stock. DA Davidson reduced their price target on Shift4 Payments from $82.00 to $74.00 and set a “buy” rating for the company in a report on Tuesday, May 12th. BTIG Research reaffirmed a “buy” rating and issued a $70.00 price target on shares of Shift4 Payments in a research report on Thursday, May 7th. Evercore set a $45.00 price target on shares of Shift4 Payments in a research note on Monday, May 18th. Finally, Royal Bank Of Canada cut their price objective on shares of Shift4 Payments from $73.00 to $65.00 and set an “outperform” rating on the stock in a research report on Friday, May 8th. Ten analysts have rated the stock with a Buy rating, twelve have assigned a Hold rating and one has issued a Sell rating to the company’s stock. Based on data from MarketBeat, the stock presently has an average rating of “Hold” and an average price target of $68.29.

Shift4 Payments Profile

Shift4 Payments is a U.S.-based provider of integrated payment processing and technology solutions, serving merchants across the hospitality, retail, e-commerce, gaming and lodging industries. The company’s platform enables businesses to accept in-store, online and mobile payments through a combination of point-of-sale hardware, payment gateway services and back-office software. By centralizing transaction processing and reporting, Shift4 aims to simplify payments, enhance security and streamline operations for its merchant customers.

The company’s core offerings include encrypted point-of-sale terminals, cloud-based payment gateways, and developer-friendly APIs for online and mobile checkouts.