Danske Bank A S purchased a new position in Global Payments Inc. (NYSE:GPN – Free Report) in the 2nd quarter, according to its most recent 13F filing with the Securities and Exchange Commission. The institutional investor purchased 157,679 shares of the business services provider’s stock, valued at approximately $11,441,000. Danske Bank A S owned 0.06% of Global Payments at the end of the most recent reporting period.
A number of other institutional investors have also added to or reduced their stakes in the stock. Gtcr LLC purchased a new position in Global Payments during the first quarter valued at $2,911,939,000. Pzena Investment Management LLC bought a new position in shares of Global Payments during the 2nd quarter valued at about $848,344,000. Norges Bank bought a new position in shares of Global Payments during the 4th quarter valued at about $276,014,000. Deutsche Bank AG bought a new position in shares of Global Payments during the 2nd quarter valued at about $138,781,000. Finally, Bank of New York Mellon Corp purchased a new position in shares of Global Payments during the second quarter valued at about $99,702,000. 89.76% of the stock is owned by hedge funds and other institutional investors.
Global Payments Stock Up 1.6%
Shares of NYSE:GPN opened at $93.74 on Friday. The firm has a market capitalization of $24.81 billion, a PE ratio of -31.46, a price-to-earnings-growth ratio of 0.53 and a beta of 0.74. The business has a 50 day simple moving average of $79.77 and a two-hundred day simple moving average of $73.86. Global Payments Inc. has a 1 year low of $61.16 and a 1 year high of $95.58. The company has a debt-to-equity ratio of 0.90, a current ratio of 0.82 and a quick ratio of 0.82.
Global Payments Announces Dividend
The firm also recently disclosed a quarterly dividend, which will be paid on Friday, September 25th. Investors of record on Friday, September 11th will be paid a $0.25 dividend. The ex-dividend date of this dividend is Friday, September 11th. This represents a $1.00 dividend on an annualized basis and a yield of 1.1%. Global Payments’s dividend payout ratio is -33.56%.
Analyst Upgrades and Downgrades
Several brokerages have recently issued reports on GPN. Wolfe Research raised Global Payments from a “peer perform” rating to an “outperform” rating and set a $110.00 target price on the stock in a report on Thursday, August 6th. Argus set a $110.00 price target on Global Payments and gave the company a “buy” rating in a report on Thursday, August 6th. Weiss Ratings reaffirmed a “sell (d)” rating on shares of Global Payments in a research note on Friday, August 7th. Keefe, Bruyette & Woods upped their price objective on Global Payments from $76.00 to $95.00 and gave the stock a “market perform” rating in a report on Thursday, August 6th. Finally, UBS Group assumed coverage on Global Payments in a report on Thursday, August 6th. They set a “buy” rating on the stock. Ten equities research analysts have rated the stock with a Buy rating, fifteen have issued a Hold rating and three have issued a Sell rating to the stock. According to MarketBeat, the stock presently has an average rating of “Hold” and a consensus target price of $90.92.
Get Our Latest Analysis on GPN
Key Headlines Impacting Global Payments
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
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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