Corient Private Wealth LLC Decreases Position in Shift4 Payments, Inc. $FOUR

Corient Private Wealth LLC decreased its position in shares of Shift4 Payments, Inc. (NYSE:FOUR) by 14.5% during the fourth quarter, according to the company in its most recent disclosure with the Securities & Exchange Commission. The fund owned 89,235 shares of the company’s stock after selling 15,192 shares during the quarter. Corient Private Wealth LLC’s holdings in Shift4 Payments were worth $5,605,000 as of its most recent filing with the Securities & Exchange Commission.

Other hedge funds also recently added to or reduced their stakes in the company. CIBC Bancorp USA Inc. bought a new stake in shares of Shift4 Payments in the 3rd quarter worth $77,303,000. Wasatch Advisors LP increased its holdings in Shift4 Payments by 16.4% in the 2nd quarter. Wasatch Advisors LP now owns 6,338,567 shares of the company’s stock worth $628,215,000 after buying an additional 890,990 shares in the last quarter. Bank of Montreal Can raised its position in Shift4 Payments by 3,048.9% in the 4th quarter. Bank of Montreal Can now owns 872,453 shares of the company’s stock worth $54,938,000 after buying an additional 844,746 shares during the last quarter. Norges Bank bought a new position in Shift4 Payments during the 4th quarter valued at about $51,635,000. Finally, Marshall Wace LLP boosted its holdings in shares of Shift4 Payments by 97.2% during the 4th quarter. Marshall Wace LLP now owns 1,655,485 shares of the company’s stock valued at $104,246,000 after acquiring an additional 816,155 shares during the last quarter. 98.87% of the stock is currently owned by hedge funds and other institutional investors.

Analysts Set New Price Targets

FOUR has been the subject of several research reports. Stephens cut shares of Shift4 Payments from an “overweight” rating to an “equal weight” rating and set a $50.00 price objective for the company. in a report on Friday, April 17th. BMO Capital Markets assumed coverage on shares of Shift4 Payments in a research note on Tuesday, April 21st. They set a “market perform” rating and a $50.00 target price for the company. DA Davidson dropped their price target on Shift4 Payments from $82.00 to $74.00 and set a “buy” rating on the stock in a research note on Tuesday, May 12th. Royal Bank Of Canada cut their price objective on Shift4 Payments from $73.00 to $65.00 and set an “outperform” rating for the company in a report on Friday, May 8th. Finally, Capital One Financial set a $50.00 price objective on Shift4 Payments in a research report on Tuesday, April 21st. Ten analysts have rated the stock with a Buy rating, twelve have issued a Hold rating and one has given a Sell rating to the company’s stock. Based on data from MarketBeat.com, the stock has an average rating of “Hold” and an average price target of $68.29.

Insider Buying and Selling

In related news, major shareholder Jared Isaacman purchased 193,000 shares of Shift4 Payments stock in a transaction on Tuesday, May 12th. The stock was acquired at an average price of $40.66 per share, for a total transaction of $7,847,380.00. Following the completion of the transaction, the insider directly owned 1,787,455 shares in the company, valued at $72,677,920.30. This represents a 12.10% increase in their position. The purchase 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 Stock Down 1.4%

Shares of FOUR stock opened at $43.59 on Friday. The company has a current ratio of 1.22, a quick ratio of 1.22 and a debt-to-equity ratio of 2.55. Shift4 Payments, Inc. has a 12 month low of $34.56 and a 12 month high of $108.50. The stock has a market cap of $3.46 billion, a P/E ratio of 51.89, a P/E/G ratio of 0.48 and a beta of 1.43. The company has a 50 day simple moving average of $42.81 and a two-hundred day simple moving average of $51.43.

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

About Shift4 Payments

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.