19,575 Shares in Shift4 Payments, Inc. $FOUR Purchased by Independent Financial Group LLC

Independent Financial Group LLC purchased a new position in shares of Shift4 Payments, Inc. (NYSE:FOUR) in the first quarter, according to the company in its most recent 13F filing with the Securities and Exchange Commission (SEC). The firm purchased 19,575 shares of the company’s stock, valued at approximately $856,000.

Other institutional investors also recently added to or reduced their stakes in the company. Wasatch Advisors LP raised its holdings in shares of Shift4 Payments by 10.1% in the 4th quarter. Wasatch Advisors LP now owns 6,778,925 shares of the company’s stock worth $426,869,000 after buying an additional 621,797 shares in the last quarter. Durable Capital Partners LP lifted its position in shares of Shift4 Payments by 12.6% during the 2nd quarter. Durable Capital Partners LP now owns 6,665,443 shares of the company’s stock worth $660,612,000 after buying an additional 745,650 shares during the period. Darlington Partners Capital Management LP boosted its stake in Shift4 Payments by 2.1% in the 3rd quarter. Darlington Partners Capital Management LP now owns 5,071,725 shares of the company’s stock valued at $392,552,000 after buying an additional 105,320 shares in the last quarter. Ensign Peak Advisors Inc boosted its stake in Shift4 Payments by 7.7% in the 4th quarter. Ensign Peak Advisors Inc now owns 2,643,829 shares of the company’s stock valued at $166,482,000 after buying an additional 188,594 shares in the last quarter. Finally, Spyglass Capital Management LLC grew its position in Shift4 Payments by 36.7% in the fourth quarter. Spyglass Capital Management LLC now owns 1,697,920 shares of the company’s stock valued at $106,918,000 after acquiring an additional 455,707 shares during the period. 98.87% of the stock is owned by institutional investors and hedge funds.

Insider Transactions at Shift4 Payments

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

Wall Street Analysts Forecast Growth

Several research analysts have issued reports on FOUR shares. Stephens lowered Shift4 Payments from an “overweight” rating to an “equal weight” rating and set a $50.00 price objective for the company. in a research note on Friday, April 17th. Loop Capital began coverage on shares of Shift4 Payments in a research note on Wednesday, June 24th. They issued a “hold” rating and a $40.00 target price on the stock. Keefe, Bruyette & Woods upped their target price on shares of Shift4 Payments from $50.00 to $52.00 and gave the stock a “market perform” rating in a report on Friday, May 8th. Raymond James Financial cut shares of Shift4 Payments from a “strong-buy” rating to an “outperform” rating and set a $67.00 target price for the company. in a research report on Thursday, March 26th. Finally, Wolfe Research downgraded shares of Shift4 Payments from an “outperform” rating to a “peer perform” rating in a report on Wednesday, April 15th. Ten research analysts have rated the stock with a Buy rating, twelve have assigned a Hold rating and one has assigned a Sell rating to the company’s stock. According to data from MarketBeat.com, Shift4 Payments currently has a consensus rating of “Hold” and an average price target of $68.24.

Shift4 Payments Trading Down 3.5%

Shares of FOUR opened at $49.09 on Wednesday. The stock has a fifty day moving average price of $44.33 and a two-hundred day moving average price of $49.44. The company has a debt-to-equity ratio of 2.55, a quick ratio of 1.22 and a current ratio of 1.22. Shift4 Payments, Inc. has a 52-week low of $34.56 and a 52-week high of $107.47. The company has a market cap of $3.89 billion, a price-to-earnings ratio of 58.44, a PEG ratio of 0.55 and a beta of 1.41.

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

Shift4 Payments Company 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.