Diversify Advisory Services LLC bought a new position in shares of Global Payments Inc. (NYSE:GPN – Free Report) in the 2nd quarter, according to its most recent Form 13F filing with the SEC. The fund bought 6,143 shares of the business services provider’s stock, valued at approximately $516,000.
Several other large investors also recently bought and sold shares of GPN. Strive Financial Group LLC acquired a new position in shares of Global Payments during the fourth quarter worth about $25,000. DV Equities LLC purchased a new stake in shares of Global Payments during the fourth quarter worth approximately $26,000. Torren Management LLC purchased a new stake in shares of Global Payments during the fourth quarter worth approximately $34,000. Western Wealth Management LLC acquired a new stake in Global Payments in the first quarter valued at approximately $34,000. Finally, Johnson Financial Group Inc. acquired a new stake in Global Payments in the third quarter valued at approximately $35,000. Hedge funds and other institutional investors own 89.76% of the company’s stock.
Global Payments Stock Performance
Shares of GPN stock opened at $92.12 on Friday. The stock has a market capitalization of $24.38 billion, a PE ratio of -30.91, a price-to-earnings-growth ratio of 0.53 and a beta of 0.74. Global Payments Inc. has a 52-week low of $61.16 and a 52-week high of $95.58. The stock’s 50-day moving average price is $79.25 and its 200 day moving average price is $73.72. The company has a quick ratio of 0.82, a current ratio of 0.82 and a debt-to-equity ratio of 0.90.
Global Payments Dividend Announcement
The business also recently declared a quarterly dividend, which will be paid on Friday, September 25th. Investors of record on Friday, September 11th will be issued a dividend of $0.25 per share. The ex-dividend date of this dividend is Friday, September 11th. This represents a $1.00 annualized dividend and a dividend yield of 1.1%. Global Payments’s dividend payout ratio (DPR) is currently -33.56%.
Analysts Set New Price Targets
GPN has been the subject of several analyst reports. Jefferies Financial Group upgraded shares of Global Payments from a “hold” rating to a “buy” rating in a report on Thursday, August 6th. Stephens set a $80.00 price objective on shares of Global Payments and gave the company an “equal weight” rating in a report on Thursday, May 7th. Argus set a $110.00 price objective on shares of Global Payments and gave the stock a “buy” rating in a research report on Thursday, August 6th. Deutsche Bank Aktiengesellschaft decreased their price objective on shares of Global Payments from $75.00 to $70.00 and set a “hold” rating for the company in a research report on Tuesday, June 9th. Finally, Weiss Ratings reissued a “sell (d)” rating on shares of Global Payments in a report on Friday, August 7th. Ten analysts have rated the stock with a Buy rating, fifteen have assigned a Hold rating and three have issued a Sell rating to the company’s stock. Based on data from MarketBeat, the company has an average rating of “Hold” and an average price target of $90.92.
Check Out Our Latest Stock Report on Global Payments
Global Payments News Roundup
Here are the key news stories impacting Global Payments this week:
- Positive Sentiment: Royal Bank of Canada raised its price target for Global Payments from $96 to $102 while maintaining a “sector perform” rating. The new target implies roughly 11% upside from the referenced price and provides support for the shares. Benzinga
- Neutral Sentiment: Analyst sentiment remains divided on Global Payments, with some analysts maintaining constructive valuations while others appear more cautious about the company’s earnings outlook. The overall takeaway is that investors are weighing potential upside against estimates that have softened. Analysts Have Conflicting Sentiments on Global Payments and Mercury Systems
- Negative Sentiment: Zacks Research retained a “Hold” rating and reduced several earnings forecasts, including Q3 and Q4 2026 EPS to $3.56 and $3.66, respectively, and FY2026 EPS to $13.63 from $13.85. Estimates were also lowered for FY2027 to $16.00 from $16.43 and FY2028 to $18.53 from $19.00. These cuts suggest analysts see somewhat less near- and longer-term earnings power than previously expected.
- Positive Sentiment: Zacks modestly increased its Q1 2027 EPS estimate to $3.43 from $3.40 and Q1 2028 to $4.02 from $3.96, providing limited offsets to the broader estimate reductions.
About Global Payments
Global Payments Inc (NYSE: GPN) is a worldwide provider of payment technology and software solutions that enables commerce for merchants, issuers and enterprises. The company develops and operates payment processing networks, point-of-sale systems and cloud-based software that facilitate electronic transactions across in-store, online and mobile channels. Its services span merchant acquiring, payment gateway services, omnichannel commerce platforms, and solutions for recurring and subscription billing.
Global Payments offers a range of products and services including integrated payment terminals and point-of-sale software, e-commerce and gateway technologies, fraud prevention and tokenization tools, and business analytics and reporting.
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