Kendall Capital Management Invests $441,000 in Global Payments Inc. $GPN

Kendall Capital Management purchased a new position in Global Payments Inc. (NYSE:GPN) during the second quarter, HoldingsChannel reports. The fund purchased 6,073 shares of the business services provider’s stock, valued at approximately $441,000.

Other hedge funds have also recently bought and sold shares of the company. Vista Investment Management acquired a new position in Global Payments during the second quarter worth $958,000. Elevation Point Wealth Partners LLC purchased a new stake in Global Payments during the second quarter worth $245,000. Commerce Bank acquired a new stake in Global Payments in the second quarter valued at $971,000. Westpac Banking Corp acquired a new stake in Global Payments in the second quarter valued at $100,000. Finally, Korea Investment CORP purchased a new position in shares of Global Payments in the second quarter valued at $3,026,000. 89.76% of the stock is owned by hedge funds and other institutional investors.

Trending Headlines about 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

Analyst Upgrades and Downgrades

Several research firms have recently issued reports on GPN. Susquehanna set a $111.00 price target on Global Payments and gave the stock a “positive” rating in a research note on Wednesday, June 3rd. HC Wainwright initiated coverage on shares of Global Payments in a research note on Thursday, August 6th. They issued a “buy” rating on the stock. The Goldman Sachs Group raised their target price on shares of Global Payments from $82.00 to $94.00 and gave the company a “neutral” rating in a report on Thursday, August 6th. Jefferies Financial Group upgraded shares of Global Payments from a “hold” rating to a “buy” rating in a research report on Thursday, August 6th. Finally, Argus set a $110.00 price objective on shares of Global Payments and gave the stock a “buy” rating in a research note on Thursday, August 6th. Ten analysts have rated the stock with a Buy rating, fifteen have issued a Hold rating and three have given a Sell rating to the stock. According to MarketBeat, the company currently has an average rating of “Hold” and an average price target of $90.92.

Global Payments Stock Up 1.6%

GPN opened at $93.74 on Friday. The firm has a market cap of $24.81 billion, a P/E ratio of -31.46, a PEG ratio of 0.54 and a beta of 0.74. The business’s fifty day simple moving average is $79.77 and its 200 day simple moving average is $73.86. Global Payments Inc. has a 52 week low of $61.16 and a 52 week high of $95.58. The company has a quick ratio of 0.82, a current ratio of 0.82 and a debt-to-equity ratio of 0.90.

Global Payments (NYSE:GPN) last announced its earnings results on Wednesday, August 5th. The business services provider reported $3.46 earnings per share for the quarter, beating the consensus estimate of $3.44 by $0.02. The firm had revenue of $3.16 billion during the quarter, compared to the consensus estimate of $3.16 billion. Global Payments had a negative net margin of 9.16% and a positive return on equity of 13.80%. The firm’s revenue for the quarter was up 68.6% on a year-over-year basis. During the same quarter in the previous year, the company posted $3.10 EPS. Global Payments has set its FY 2026 guidance at 13.600-13.800 EPS. As a group, equities research analysts anticipate that Global Payments Inc. will post 13.66 EPS for the current fiscal year.

Global Payments Announces Dividend

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

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.