Independent Financial Group LLC Acquires Shares of 19,575 Shift4 Payments, Inc. $FOUR

Independent Financial Group LLC acquired a new stake in Shift4 Payments, Inc. (NYSE:FOUR) during the first quarter, according to its most recent filing with the SEC. The firm acquired 19,575 shares of the company’s stock, valued at approximately $856,000.

Other institutional investors and hedge funds also recently made changes to their positions in the company. Advisors Asset Management Inc. lifted its stake in shares of Shift4 Payments by 100.0% during the first quarter. Advisors Asset Management Inc. now owns 434 shares of the company’s stock valued at $35,000 after acquiring an additional 217 shares during the period. Empowered Funds LLC acquired a new stake in Shift4 Payments in the fourth quarter worth about $43,000. Vestcor Inc acquired a new stake in Shift4 Payments in the third quarter worth about $45,000. Summer Road LLC bought a new stake in Shift4 Payments during the 4th quarter worth about $47,000. Finally, Johnson Financial Group Inc. raised its holdings in Shift4 Payments by 282.2% during the 3rd quarter. Johnson Financial Group Inc. now owns 646 shares of the company’s stock worth $50,000 after purchasing an additional 477 shares during the last quarter. Institutional investors own 98.87% of the company’s stock.

Shift4 Payments Trading Down 3.5%

NYSE:FOUR opened at $49.09 on Wednesday. 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 1-year low of $34.56 and a 1-year high of $107.47. The firm has a market capitalization of $3.89 billion, a price-to-earnings ratio of 58.44, a PEG ratio of 0.55 and a beta of 1.41. The business’s 50-day moving average price is $44.33 and its two-hundred day moving average price is $49.44.

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

Wall Street Analysts Forecast Growth

FOUR has been the topic of several recent research reports. DA Davidson reduced their target price on shares of Shift4 Payments from $82.00 to $74.00 and set a “buy” rating on the stock in a research note on Tuesday, May 12th. BTIG Research reissued a “buy” rating and set a $70.00 price target on shares of Shift4 Payments in a research note on Thursday, May 7th. Capital One Financial set a $50.00 price objective on shares of Shift4 Payments in a report on Tuesday, April 21st. Wolfe Research lowered shares of Shift4 Payments from an “outperform” rating to a “peer perform” rating in a report on Wednesday, April 15th. Finally, Weiss Ratings reaffirmed a “sell (d+)” rating on shares of Shift4 Payments in a research note on Thursday, June 11th. Ten investment analysts have rated the stock with a Buy rating, twelve have assigned a Hold rating and one has given a Sell rating to the stock. According to data from MarketBeat, the company currently has an average rating of “Hold” and an average price target of $68.24.

Insiders Place Their Bets

In other news, major shareholder Jared Isaacman acquired 195,500 shares of Shift4 Payments stock in a transaction that occurred on Monday, May 11th. The shares were acquired at an average price of $41.41 per share, with a total value of $8,095,655.00. Following the purchase, the insider directly owned 1,594,455 shares of the company’s stock, valued at $66,026,381.55. The trade was a 13.97% increase in their ownership of the stock. The acquisition was disclosed in a filing with the Securities & Exchange Commission, which is available at the SEC website. 1.54% of the stock is owned by insiders.

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.