Deepwater Asset Management LLC Buys 16,973 Shares of Shift4 Payments, Inc. $FOUR

Deepwater Asset Management LLC increased its stake in shares of Shift4 Payments, Inc. (NYSE:FOUR) by 11.5% in the third quarter, according to its most recent 13F filing with the SEC. The firm owned 164,482 shares of the company’s stock after purchasing an additional 16,973 shares during the period. Shift4 Payments makes up approximately 5.1% of Deepwater Asset Management LLC’s investment portfolio, making the stock its 10th largest position. Deepwater Asset Management LLC’s holdings in Shift4 Payments were worth $12,731,000 at the end of the most recent reporting period.

Several other institutional investors have also recently added to or reduced their stakes in the stock. Advisors Asset Management Inc. lifted its stake in Shift4 Payments by 29.5% during the second quarter. Advisors Asset Management Inc. now owns 562 shares of the company’s stock worth $56,000 after purchasing an additional 128 shares in the last quarter. Main Management ETF Advisors LLC raised its holdings in shares of Shift4 Payments by 1.7% in the 2nd quarter. Main Management ETF Advisors LLC now owns 8,063 shares of the company’s stock valued at $799,000 after buying an additional 132 shares during the period. Amalgamated Bank lifted its stake in Shift4 Payments by 0.4% during the 2nd quarter. Amalgamated Bank now owns 32,173 shares of the company’s stock worth $3,189,000 after acquiring an additional 136 shares in the last quarter. PNC Financial Services Group Inc. boosted its holdings in Shift4 Payments by 1.0% during the 2nd quarter. PNC Financial Services Group Inc. now owns 13,301 shares of the company’s stock valued at $1,318,000 after acquiring an additional 136 shares during the period. Finally, State Board of Administration of Florida Retirement System boosted its holdings in Shift4 Payments by 0.4% during the 2nd quarter. State Board of Administration of Florida Retirement System now owns 47,160 shares of the company’s stock valued at $4,674,000 after acquiring an additional 190 shares during the period. Institutional investors and hedge funds own 98.87% of the company’s stock.

Key Headlines Impacting Shift4 Payments

Here are the key news stories impacting Shift4 Payments this week:

• Positive Sentiment: Major insider buying — Jared Isaacman (a >10% holder) materially increased his position with two recent purchases (≈136,993 shares at ~$48.38 and 159,244 shares at ~$44.15). Big insider buys from a controlling holder signal confidence in the business and likely supported the stock. SEC filing: Jared Isaacman insider buys
• Positive Sentiment: Top‑tier firm keeps Buy stance — B. Riley trimmed its target after Q4 but retained a Buy and a $120 target, maintaining a clear institutional bulls’ endorsement that supports upside narratives. B. Riley reduces target to $120
• Neutral Sentiment: DA Davidson trimmed its price target (from $104 to $82) but kept a Buy — a downshift in target that still signals medium‑term confidence; mixed analyst signals often create volatility rather than a clear directional drive. DA Davidson PT cut to $82
• Neutral Sentiment: Management presentation at Raymond James — the conference transcript (management Q&A) provides detail on growth drivers and margin outlook but did not produce a clear catalyst on its own. Investors may parse the transcript for incremental guidance color. Raymond James presentation transcript
• Negative Sentiment: Goldman Sachs re‑rated to Neutral and cut its price target sharply (to $56) — a notable analyst downgrade that likely pressured sentiment and boosted intraday selling pressure before the insider buys countered it. Goldman Sachs cuts to Neutral, PT $56
• Negative Sentiment: Shareholder investigation announced — Purcell & Lefkowitz launched an inquiry into possible board fiduciary breaches tied to recent corporate actions; legal scrutiny increases uncertainty and risk premium. PR Newswire: shareholder investigation
• Negative Sentiment: Wider analyst downgrades and target trims — several firms have lowered expectations or moved to Hold, adding aggregate downward analyst pressure that can keep the stock range‑bound until clearer earnings/guidance follow‑through. Analyst downgrades/expectations lowered

Insider Activity

In other Shift4 Payments news, major shareholder Jared Isaacman bought 159,244 shares of the business’s stock in a transaction dated Friday, February 27th. The shares were acquired at an average price of $44.15 per share, with a total value of $7,030,622.60. Following the transaction, the insider owned 1,321,207 shares of the company’s stock, valued at approximately $58,331,289.05. The trade was a 13.70% increase in their ownership of the stock. The acquisition was disclosed in a filing with the SEC, which can be accessed through the SEC website. Also, CEO David Taylor Lauber sold 12,000 shares of the business’s stock in a transaction that occurred on Thursday, December 11th. The stock was sold at an average price of $69.00, for a total value of $828,000.00. Following the sale, the chief executive officer owned 273,588 shares of the company’s stock, valued at approximately $18,877,572. The trade was a 4.20% decrease in their position. The SEC filing for this sale provides additional information. Company insiders own 25.15% of the company’s stock.

Shift4 Payments Price Performance

Shares of FOUR opened at $49.88 on Wednesday. The firm has a market capitalization of $4.42 billion, a price-to-earnings ratio of 47.50, a PEG ratio of 0.41 and a beta of 1.65. The firm’s fifty day simple moving average is $60.44 and its 200-day simple moving average is $70.92. Shift4 Payments, Inc. has a twelve month low of $43.32 and a twelve month high of $108.50. The company has a current ratio of 1.66, a quick ratio of 1.38 and a debt-to-equity ratio of 4.66.

Shift4 Payments (NYSE:FOUR) last posted its earnings results on Thursday, February 26th. The company reported $1.60 EPS for the quarter, beating the consensus estimate of $1.56 by $0.04. Shift4 Payments had a return on equity of 39.27% and a net margin of 2.84%.The firm had revenue of $1.19 billion for the quarter, compared to analyst estimates of $1.20 billion. During the same quarter in the prior year, the company posted $1.35 earnings per share. Shift4 Payments’s revenue for the quarter was up 50.6% compared to the same quarter last year. Shift4 Payments has set its FY 2026 guidance at 5.500-5.700 EPS. Equities analysts forecast that Shift4 Payments, Inc. will post 3.7 EPS for the current fiscal year.

Wall Street Analysts Forecast Growth

Several analysts have recently issued reports on the stock. BTIG Research reduced their price target on shares of Shift4 Payments from $105.00 to $80.00 and set a “buy” rating on the stock in a research report on Thursday, February 26th. Oppenheimer cut their target price on shares of Shift4 Payments from $112.00 to $98.00 and set an “outperform” rating on the stock in a research note on Monday, January 12th. UBS Group decreased their price target on shares of Shift4 Payments from $115.00 to $100.00 and set a “buy” rating for the company in a research report on Friday, November 7th. Freedom Capital downgraded shares of Shift4 Payments from a “strong-buy” rating to a “hold” rating in a research note on Friday, February 27th. Finally, Susquehanna reduced their price objective on Shift4 Payments from $115.00 to $101.00 and set a “positive” rating on the stock in a research note on Thursday, January 8th. One analyst has rated the stock with a Strong Buy rating, twelve have assigned a Buy rating and nine have given a Hold rating to the company’s stock. According to data from MarketBeat.com, the company currently has a consensus rating of “Moderate Buy” and a consensus target price of $80.42.

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.