Wealthfront Advisers LLC Makes New $926,000 Investment in Global Payments Inc. $GPN

Wealthfront Advisers LLC bought a new stake in Global Payments Inc. (NYSE:GPN) during the second quarter, according to the company in its most recent 13F filing with the Securities & Exchange Commission. The fund bought 12,762 shares of the business services provider’s stock, valued at approximately $926,000.

Other large investors have also modified their holdings of the company. Westpac Banking Corp boosted its position in shares of Global Payments by 5,795.1% during the fourth quarter. Westpac Banking Corp now owns 57,182 shares of the business services provider’s stock worth $4,426,000 after buying an additional 56,212 shares during the period. Gtcr LLC acquired a new position in shares of Global Payments during the first quarter worth about $2,911,939,000. LSV Asset Management grew its holdings in Global Payments by 30.8% during the 4th quarter. LSV Asset Management now owns 448,100 shares of the business services provider’s stock worth $34,683,000 after acquiring an additional 105,500 shares in the last quarter. Pzena Investment Management LLC grew its stake in shares of Global Payments by 4.6% during the fourth quarter. Pzena Investment Management LLC now owns 11,409,697 shares of the business services provider’s stock worth $883,111,000 after purchasing an additional 500,887 shares in the last quarter. Finally, Arrowstreet Capital Limited Partnership boosted its position in shares of Global Payments by 18.9% during the 4th quarter. Arrowstreet Capital Limited Partnership now owns 1,431,107 shares of the business services provider’s stock worth $110,768,000 after acquiring an additional 227,317 shares in the last quarter. Institutional investors and hedge funds own 89.76% of the company’s stock.

Global Payments Stock Performance

Global Payments stock opened at $93.74 on Friday. Global Payments Inc. has a fifty-two week low of $61.16 and a fifty-two week high of $95.58. The company has a market capitalization of $24.81 billion, a price-to-earnings ratio of -31.46, a PEG ratio of 0.53 and a beta of 0.74. The stock has a fifty day moving average of $79.77 and a two-hundred day moving average of $73.86. The company has a debt-to-equity ratio of 0.90, a quick ratio of 0.82 and a current ratio of 0.82.

Global Payments (NYSE:GPN) last issued its quarterly earnings data 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. The business had revenue of $3.16 billion for the quarter, compared to the consensus estimate of $3.16 billion. Global Payments had a positive return on equity of 13.80% and a negative net margin of 9.16%.The business’s revenue was up 68.6% on a year-over-year basis. During the same period in the prior year, the business earned $3.10 earnings per share. Global Payments has set its FY 2026 guidance at 13.600-13.800 EPS. On average, analysts anticipate that Global Payments Inc. will post 13.66 EPS for the current fiscal year.

Global Payments Announces Dividend

The company also recently announced a quarterly dividend, which will be paid on Friday, September 25th. Shareholders of record on Friday, September 11th will be issued a $0.25 dividend. This represents a $1.00 dividend on an annualized basis and a yield of 1.1%. The ex-dividend date is Friday, September 11th. Global Payments’s dividend payout ratio is -33.56%.

Analyst Ratings Changes

A number of research analysts recently commented on GPN shares. Stephens set a $80.00 target price on shares of Global Payments and gave the company an “equal weight” rating in a research report on Thursday, May 7th. Robert W. Baird set a $120.00 target price on Global Payments in a report on Thursday, August 6th. Keefe, Bruyette & Woods boosted their price target on shares of Global Payments from $76.00 to $95.00 and gave the stock a “market perform” rating in a research note on Thursday, August 6th. Cantor Fitzgerald dropped their price objective on Global Payments from $88.00 to $76.00 and set a “neutral” rating on the stock in a report on Monday, May 11th. Finally, Wolfe Research raised shares of Global Payments from a “peer perform” rating to an “outperform” rating and set a $110.00 target price for the company in a report on Thursday, August 6th. Ten equities research analysts have rated the stock with a Buy rating, fifteen have assigned a Hold rating and three have given a Sell rating to the company’s stock. Based on data from MarketBeat.com, Global Payments presently has an average rating of “Hold” and an average target price of $90.92.

Key Global Payments News

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 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.