Wealthfront Advisers LLC acquired a new position in shares of Global Payments Inc. (NYSE:GPN – Free Report) during the 2nd quarter, according to the company in its most recent 13F filing with the Securities & Exchange Commission. The firm acquired 12,762 shares of the business services provider’s stock, valued at approximately $926,000.
Other institutional investors have also recently added to or reduced their stakes in the company. Gtcr LLC purchased a new position in Global Payments during the first quarter worth about $2,911,939,000. Pzena Investment Management LLC purchased a new position in shares of Global Payments during the 2nd quarter worth about $848,344,000. Norges Bank acquired a new stake in shares of Global Payments in the fourth quarter worth approximately $276,014,000. Deutsche Bank AG acquired a new stake in shares of Global Payments in the second quarter worth approximately $138,781,000. Finally, Bank of New York Mellon Corp acquired a new stake in shares of Global Payments in the second quarter worth approximately $99,702,000. 89.76% of the stock is currently owned by institutional investors and hedge funds.
Analyst Ratings Changes
Several brokerages recently commented on GPN. Royal Bank Of Canada upped their price target on shares of Global Payments from $96.00 to $102.00 and gave the stock a “sector perform” rating in a research report on Wednesday. Robert W. Baird set a $120.00 price objective on Global Payments in a report on Thursday, August 6th. Argus set a $110.00 target price on Global Payments and gave the stock a “buy” rating in a research report on Thursday, August 6th. Zacks Research cut Global Payments from a “strong-buy” rating to a “hold” rating in a report on Friday, May 1st. Finally, UBS Group assumed coverage on Global Payments in a research report on Thursday, August 6th. They set a “buy” rating for the company. Ten investment analysts have rated the stock with a Buy rating, fifteen have given a Hold rating and three have issued a Sell rating to the stock. According to data from MarketBeat.com, Global Payments presently has an average rating of “Hold” and a consensus target price of $90.92.
Global Payments News Roundup
Here are the key news stories impacting Global Payments this week:
- Positive Sentiment: Zacks Research raised its EPS forecasts for the first quarters of 2027 and 2028 to $3.43 and $4.02, respectively. These increases suggest some confidence in Global Payments’ earnings trajectory, while its FY2027 and FY2028 estimates still imply substantial year-over-year growth. Global Payments analyst estimate report
- Neutral Sentiment: Analyst sentiment remains divided. Zacks maintains a “Hold” rating, while a separate report highlights conflicting views among analysts regarding Global Payments and other industrial-goods companies. This lack of consensus may limit the stock’s upside despite its recent strength. Analysts Have Conflicting Sentiments on Global Payments
- Negative Sentiment: Zacks cut estimates across several periods, including Q3 and Q4 2026, FY2026, Q2 through Q4 2027, FY2027, Q2 2028 and FY2028. The firm reduced its FY2026 forecast to $13.63 from $13.85, FY2027 to $16.00 from $16.43, and FY2028 to $18.53 from $19.00. The revisions point to somewhat weaker expected earnings momentum and could pressure the valuation, particularly with the stock near its recent high. Zacks’ unchanged “Hold” rating reinforces the cautious outlook. Zacks Global Payments estimate revisions
Global Payments Stock Up 1.6%
Shares of NYSE GPN opened at $93.74 on Friday. The stock has a fifty day moving average price of $79.77 and a 200 day moving average price of $73.86. The company has a current ratio of 0.82, a quick ratio of 0.82 and a debt-to-equity ratio of 0.90. Global Payments Inc. has a 12-month low of $61.16 and a 12-month high of $95.58. The company has a market cap of $24.81 billion, a P/E ratio of -31.46, a P/E/G ratio of 0.53 and a beta of 0.74.
Global Payments (NYSE:GPN – Get Free Report) last issued its earnings results on Wednesday, August 5th. The business services provider reported $3.46 earnings per share for the quarter, topping the consensus estimate of $3.44 by $0.02. Global Payments had a positive return on equity of 13.80% and a negative net margin of 9.16%.The company had revenue of $3.16 billion during the quarter, compared to the consensus estimate of $3.16 billion. During the same quarter in the prior year, the business earned $3.10 earnings per share. The company’s revenue was up 68.6% compared to the same quarter last year. Global Payments has set its FY 2026 guidance at 13.600-13.800 EPS. Research analysts anticipate that Global Payments Inc. will post 13.66 EPS for the current fiscal year.
Global Payments Dividend Announcement
The company also recently disclosed a quarterly dividend, which will be paid on Friday, September 25th. Shareholders of record on Friday, September 11th will be given a $0.25 dividend. The ex-dividend date of this dividend is Friday, September 11th. This represents a $1.00 annualized dividend and a yield of 1.1%. Global Payments’s dividend payout ratio (DPR) is -33.56%.
Global Payments Profile
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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