Lombard Odier Asset Management Europe Ltd Invests $559,000 in Global Payments Inc. $GPN

Lombard Odier Asset Management Europe Ltd acquired a new position in shares of Global Payments Inc. (NYSE:GPN) during the second quarter, according to its most recent 13F filing with the Securities & Exchange Commission. The firm acquired 7,707 shares of the business services provider’s stock, valued at approximately $559,000.

Several other institutional investors have also added to or reduced their stakes in GPN. Strive Financial Group LLC bought a new position in Global Payments during the 4th quarter worth about $25,000. DV Equities LLC bought a new position in shares of Global Payments during the fourth quarter worth about $26,000. Johnson Financial Group Inc. bought a new position in shares of Global Payments during the third quarter worth about $35,000. Torren Management LLC acquired a new stake in Global Payments in the 4th quarter valued at approximately $34,000. Finally, Hantz Financial Services Inc. raised its position in Global Payments by 87.5% in the 4th quarter. Hantz Financial Services Inc. now owns 478 shares of the business services provider’s stock valued at $37,000 after buying an additional 223 shares during the last quarter. 89.76% of the stock is owned by institutional investors.

Global Payments Stock Down 0.9%

Global Payments stock opened at $91.86 on Friday. The company has a debt-to-equity ratio of 0.90, a current ratio of 0.82 and a quick ratio of 0.82. The company’s 50-day moving average is $82.35 and its 200-day moving average is $74.64. The firm has a market capitalization of $24.31 billion, a PE ratio of -30.83, a P/E/G ratio of 0.53 and a beta of 0.74. Global Payments Inc. has a fifty-two week low of $61.16 and a fifty-two week high of $95.88.

Global Payments (NYSE:GPN) last issued its earnings results on Wednesday, August 5th. The business services provider reported $3.46 earnings per share (EPS) for the quarter, beating the consensus estimate of $3.44 by $0.02. Global Payments had a negative net margin of 9.16% and a positive return on equity of 13.80%. The business had revenue of $3.16 billion during the quarter, compared to the consensus estimate of $3.16 billion. During the same period last year, the business posted $3.10 EPS. Global Payments’s revenue was up 68.6% on a year-over-year basis. Global Payments has set its FY 2026 guidance at 13.600-13.800 EPS. Sell-side analysts anticipate that Global Payments Inc. will post 13.66 earnings per share for the current year.

Global Payments Dividend Announcement

The firm also recently disclosed a quarterly dividend, which will be paid on Friday, September 25th. Stockholders of record on Friday, September 11th will be given a $0.25 dividend. This represents a $1.00 dividend on an annualized basis and a dividend yield of 1.1%. The ex-dividend date of this dividend is Friday, September 11th. Global Payments’s dividend payout ratio (DPR) is presently -33.56%.

Analyst Ratings Changes

A number of research firms have weighed in on GPN. Truist Financial upped their price target on Global Payments from $79.00 to $95.00 and gave the stock a “hold” rating in a research report on Tuesday. Jefferies Financial Group upgraded shares of Global Payments from a “hold” rating to a “buy” rating in a report on Thursday, August 6th. BMO Capital Markets reissued a “market perform” rating and issued a $83.00 price objective on shares of Global Payments in a research report on Thursday, August 6th. Morgan Stanley restated an “overweight” rating and set a $103.00 target price on shares of Global Payments in a report on Thursday, August 6th. Finally, Argus set a $110.00 target price on shares of Global Payments and gave the company a “buy” rating in a research report on Thursday, August 6th. Nine investment analysts have rated the stock with a Buy rating, sixteen have issued a Hold rating and three have issued a Sell rating to the company. According to MarketBeat.com, Global Payments has an average rating of “Hold” and an average price target of $92.36.

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.