13,983 Shares in Global Payments Inc. $GPN Acquired by Ameritas Advisory Services LLC

Key Points

• Ameritas Advisory Services acquired 13,983 shares of Global Payments worth approximately $1.015 million, while institutional investors and hedge funds collectively own 89.76% of the company.
• Global Payments reported quarterly EPS of $3.46, slightly exceeding estimates, on revenue of $3.16 billion—up 68.6% year over year. The company maintained fiscal 2026 EPS guidance of $13.60–$13.80.
• Shares opened at $88.75, up 2.0%, while analysts maintained a consensus “Hold” rating with an average price target of $92.85. Global Payments also declared a quarterly dividend of $0.25 per share.

Ameritas Advisory Services LLC purchased a new stake in shares of Global Payments Inc. (NYSE:GPN - Free Report) during the second quarter, according to the company in its most recent 13F filing with the Securities and Exchange Commission. The firm purchased 13,983 shares of the business services provider's stock, valued at approximately $1,015,000.

Other hedge funds have also made changes to their positions in the company. BI Asset Management Fondsmaeglerselskab A S lifted its stake in shares of Global Payments by 1.6% in the fourth quarter. BI Asset Management Fondsmaeglerselskab A S now owns 10,260 shares of the business services provider's stock valued at $794,000 after buying an additional 163 shares during the period. Southern Financial Group LLC raised its holdings in Global Payments by 5.1% in the 1st quarter. Southern Financial Group LLC now owns 3,651 shares of the business services provider's stock valued at $246,000 after acquiring an additional 178 shares in the last quarter. Van ECK Associates Corp lifted its position in shares of Global Payments by 0.6% in the 3rd quarter. Van ECK Associates Corp now owns 30,262 shares of the business services provider's stock worth $2,514,000 after acquiring an additional 187 shares during the period. New Mexico Educational Retirement Board lifted its position in shares of Global Payments by 1.8% in the 4th quarter. New Mexico Educational Retirement Board now owns 11,248 shares of the business services provider's stock worth $871,000 after acquiring an additional 200 shares during the period. Finally, Dempze Nancy E grew its holdings in shares of Global Payments by 1.5% during the 4th quarter. Dempze Nancy E now owns 13,500 shares of the business services provider's stock worth $1,045,000 after purchasing an additional 200 shares in the last quarter. Institutional investors and hedge funds own 89.76% of the company's stock.

Global Payments Stock Up 2.0%

GPN opened at $88.75 on Friday. The firm has a market cap of $23.48 billion, a price-to-earnings ratio of -29.78, a PEG ratio of 0.47 and a beta of 0.78. The company has a debt-to-equity ratio of 0.90, a quick ratio of 0.82 and a current ratio of 0.82. The firm's 50-day simple moving average is $86.05 and its 200-day simple moving average is $75.72. Global Payments Inc. has a twelve month low of $61.16 and a twelve month high of $95.88.

Global Payments (NYSE:GPN - Get Free Report) last announced its quarterly earnings results on Wednesday, August 5th. The business services provider reported $3.46 earnings per share (EPS) 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 quarterly revenue was up 68.6% on a year-over-year basis. During the same period last year, the firm posted $3.10 EPS. Global Payments has set its FY 2026 guidance at 13.600-13.800 EPS. Equities research analysts anticipate that Global Payments Inc. will post 13.64 EPS for the current fiscal year.

Global Payments Announces Dividend

The business also recently declared a quarterly dividend, which will be paid on Friday, September 25th. Investors of record on Friday, September 11th will be given a dividend of $0.25 per share. The ex-dividend date is Friday, September 11th. This represents a $1.00 annualized dividend and a yield of 1.1%. Global Payments's dividend payout ratio is -33.56%.

Wall Street Analysts Forecast Growth

GPN has been the subject of a number of recent research reports. BMO Capital Markets restated a "market perform" rating and issued a $83.00 target price on shares of Global Payments in a research note on Thursday, August 6th. The Goldman Sachs Group lifted their price target on shares of Global Payments from $82.00 to $94.00 and gave the stock a "neutral" rating in a research note on Thursday, August 6th. Wells Fargo & Company lowered their price target on shares of Global Payments from $105.00 to $95.00 and set an "overweight" rating on the stock in a report on Thursday, July 9th. Argus set a $110.00 price objective on shares of Global Payments and gave the company a "buy" rating in a research note on Thursday, August 6th. Finally, Citigroup restated a "buy" rating on shares of Global Payments in a research note on Thursday, August 6th. Nine research analysts have rated the stock with a Buy rating, seventeen have assigned a Hold rating and three have assigned a Sell rating to the company's stock. According to data from MarketBeat.com, Global Payments currently has a consensus rating of "Hold" and a consensus target price of $92.85.

About Global Payments

Global Payments Inc NYSE: GPN is a payments technology and software company that provides solutions for businesses, financial institutions and other organizations. Its services support payment acceptance across in-store, online and mobile channels, including credit and debit card processing, point-of-sale systems, payment gateways, integrated software and related business management tools.

The company serves merchants across industries such as retail, restaurants, hospitality, education, health care and professional services.

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