Global Payments (NYSE:GPN) Stock Price Target Raised at KeyCorp

Global Payments (NYSE:GPN) had its price objective lifted by KeyCorp from $105.00 to $112.00 in a research report sent to investors on Friday,Benzinga reports. They currently have an overweight rating on the business services provider’s stock.

Other research analysts have also recently issued reports about the stock. Citigroup reiterated a “buy” rating on shares of Global Payments in a report on Thursday, August 6th. TD Cowen boosted their price target on shares of Global Payments from $90.00 to $95.00 and gave the company a “hold” rating in a report on Wednesday, August 26th. Robert W. Baird set a $120.00 price target on shares of Global Payments in a research report on Thursday, August 6th. The Goldman Sachs Group increased their price objective on shares of Global Payments from $82.00 to $94.00 and gave the company a “neutral” rating in a research note on Thursday, August 6th. Finally, Oppenheimer raised shares of Global Payments from a “market perform” rating to an “outperform” rating and set a $115.00 price objective on the stock in a report on Thursday, October 8th. Thirteen analysts have rated the stock with a Buy rating, seventeen have issued a Hold rating and three have assigned a Sell rating to the company. According to data from MarketBeat.com, the stock has an average rating of “Hold” and an average target price of $96.52.

Global Payments Stock Up 2.6%

Shares of GPN traded up $2.44 during midday trading on Friday, reaching $97.42. 3,648,076 shares of the stock were exchanged, compared to its average volume of 2,805,904. Global Payments has a 52 week low of $61.16 and a 52 week high of $101.32. The company has a current ratio of 0.82, a quick ratio of 0.82 and a debt-to-equity ratio of 0.90. The company’s 50 day moving average is $86.72 and its two-hundred day moving average is $77.54. The company has a market capitalization of $25.78 billion, a P/E ratio of -21.36, a PEG ratio of 0.49 and a beta of 0.83.

Global Payments (NYSE:GPN) last announced its quarterly earnings results on Thursday, November 5th. The business services provider reported $3.58 EPS for the quarter, meeting the consensus estimate of $3.58. The firm had revenue of $3.18 billion for the quarter, compared to analyst estimates of $3.18 billion. Global Payments had a positive return on equity of 13.80% and a negative net margin of 9.16%. The business’s revenue for the quarter was up 36.1% on a year-over-year basis. During the same quarter last year, the firm posted $3.26 earnings per share. On average, sell-side analysts anticipate that Global Payments will post 13.64 earnings per share for the current year.

Global Payments Announces Dividend

The business also recently disclosed a quarterly dividend, which will be paid on Thursday, December 24th. Investors of record on Thursday, December 10th will be given a dividend of $0.25 per share. The ex-dividend date of this dividend is Thursday, December 10th. This represents a $1.00 dividend on an annualized basis and a yield of 1.0%. Global Payments’s dividend payout ratio (DPR) is presently -33.56%.

Hedge Funds Weigh In On Global Payments

Several institutional investors and hedge funds have recently added to or reduced their stakes in the stock. Gtcr LLC bought a new position in Global Payments in the first quarter worth about $2,911,939,000. Pzena Investment Management LLC bought a new stake in shares of Global Payments in the 2nd quarter valued at about $848,344,000. Dimensional Fund Advisors LP boosted its holdings in shares of Global Payments by 1.1% in the 1st quarter. Dimensional Fund Advisors LP now owns 2,117,172 shares of the business services provider’s stock valued at $142,478,000 after buying an additional 23,293 shares in the last quarter. Deutsche Bank AG purchased a new position in shares of Global Payments in the 2nd quarter worth approximately $138,781,000. Finally, Legal & General Group Plc purchased a new position in shares of Global Payments in the 2nd quarter worth approximately $120,036,000. Hedge funds and other institutional investors own 89.76% of the company’s stock.

Global Payments News Summary

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

• Positive Sentiment: Wells Fargo raised its price target to $116 from $103 and kept an Overweight rating, implying about 19% upside from the cited share price. Wells Fargo rating
• Positive Sentiment: KeyBanc lifted its target to $112 from $105 and maintained an Overweight rating, citing potential upside of about 15%. KeyBanc price target update
• Positive Sentiment: Q3 adjusted EPS of $3.58 met the company’s consensus estimate and rose from $3.26 a year earlier. Coverage pointed to Genius adoption, higher enterprise volumes, expanding margins, and progress integrating Worldpay as growth drivers. Q3 earnings and growth drivers
• Neutral Sentiment: Global Payments reaffirmed its 2026 adjusted EPS outlook of $13.60–$13.80, a range that includes the cited analyst estimate of $13.64. This supports continuity but offers little change to expectations. FY26 outlook update
• Neutral Sentiment: The company reportedly pushed back on rumors that it plans to go private; the report did not indicate a transaction or other change in strategy. Report on going-private rumors

Global Payments Company Profile

Global Payments Inc is a payment technology and software company that helps businesses accept and manage payments. Its services support in-person, online and mobile transactions, along with point-of-sale systems and software for business operations.

The company also provides technology to financial institutions and other organizations that issue payment cards. Its services include card processing, account management and related digital tools.

Global Payments serves customers across a range of industries and operates internationally, with services available in many countries.