Twin Capital Management Inc. boosted its position in Global Payments Inc. (NYSE:GPN – Free Report) by 110.4% during the 4th quarter, Holdings Channel reports. The fund owned 14,938 shares of the business services provider’s stock after buying an additional 7,837 shares during the period. Twin Capital Management Inc.’s holdings in Global Payments were worth $1,156,000 as of its most recent SEC filing.
Other institutional investors and hedge funds have also added to or reduced their stakes in the company. Root Financial Partners LLC bought a new position in Global Payments in the third quarter worth approximately $27,000. SouthState Bank Corp bought a new position in Global Payments in the third quarter worth approximately $28,000. REAP Financial Group LLC bought a new position in Global Payments in the third quarter worth approximately $28,000. True Wealth Design LLC boosted its holdings in Global Payments by 183.6% in the fourth quarter. True Wealth Design LLC now owns 431 shares of the business services provider’s stock worth $33,000 after acquiring an additional 279 shares in the last quarter. Finally, Torren Management LLC bought a new position in Global Payments in the fourth quarter worth approximately $34,000. Institutional investors own 89.76% of the company’s stock.
More Global Payments News
Here are the key news stories impacting Global Payments this week:
- Positive Sentiment: Zacks Research raised its FY2027 EPS estimate for Global Payments, signaling higher expected profitability over the next couple of years. Global Payments estimate update
- Positive Sentiment: Analysts also increased Q3 2027, Q4 2026, and Q4 2027 earnings forecasts, which suggests improving medium-term earnings momentum for Global Payments (GPN). Global Payments estimate update
- Neutral Sentiment: Global Payments recently presented at a J.P. Morgan technology/media conference, keeping the stock in focus but not providing a clearly stock-moving catalyst by itself. Conference transcript
- Negative Sentiment: Zacks cut near-term EPS estimates for Q1 2027, Q2 2026, and Q3 2026, and kept a Hold rating, which may temper enthusiasm about the stock’s short-term outlook. Global Payments estimate update
- Negative Sentiment: The firm also trimmed FY2028 earnings estimates, indicating some caution about very long-term growth assumptions for Global Payments (GPN). Global Payments estimate update
Global Payments Stock Performance
Global Payments (NYSE:GPN – Get Free Report) last issued its earnings results on Wednesday, May 6th. The business services provider reported $2.96 earnings per share (EPS) for the quarter, beating the consensus estimate of $2.82 by $0.14. The firm had revenue of $2.86 billion for the quarter, compared to analyst estimates of $2.81 billion. Global Payments had a positive return on equity of 13.11% and a negative net margin of 7.99%.The business’s revenue was up 63.1% on a year-over-year basis. During the same period in the previous year, the company posted $2.82 earnings per share. Global Payments has set its FY 2026 guidance at 13.800-14.000 EPS. On average, equities research analysts forecast that Global Payments Inc. will post 13.89 EPS for the current year.
Global Payments Announces Dividend
The firm also recently announced a quarterly dividend, which will be paid on Friday, June 26th. Investors of record on Friday, June 12th will be given a dividend of $0.25 per share. This represents a $1.00 annualized dividend and a yield of 1.4%. The ex-dividend date is Friday, June 12th. Global Payments’s payout ratio is presently -49.02%.
Analysts Set New Price Targets
Several brokerages have issued reports on GPN. UBS Group reiterated a “neutral” rating and issued a $80.00 price target on shares of Global Payments in a report on Thursday, May 7th. Truist Financial cut their price target on Global Payments from $81.00 to $76.00 and set a “hold” rating on the stock in a report on Tuesday. Weiss Ratings cut Global Payments from a “hold (c-)” rating to a “sell (d)” rating in a research report on Monday, May 11th. The Goldman Sachs Group started coverage on Global Payments in a research report on Monday, March 9th. They set a “hold” rating and a $88.00 target price on the stock. Finally, Deutsche Bank Aktiengesellschaft cut their target price on Global Payments from $80.00 to $75.00 in a research report on Monday, May 11th. Four investment analysts have rated the stock with a Buy rating, sixteen have issued a Hold rating and three have given a Sell rating to the company. According to data from MarketBeat, the stock presently has an average rating of “Hold” and an average target price of $84.29.
Read Our Latest Stock Analysis on GPN
Global Payments Company 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.
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