65,954 Shares of Global Payments Inc. $GPN Acquired by Mirae Asset Global Investments Co. Ltd.

Key Points

• Mirae Asset Global Investments acquired 65,954 Global Payments shares in the third quarter, valued at approximately $5.39 million. Institutional investors and hedge funds collectively own 89.76% of the company’s stock.
• Global Payments reported Q3 adjusted EPS of $3.58 and revenue of $3.18 billion, both in line with analyst estimates; revenue increased 36.1% year over year. Management reaffirmed its 2026 adjusted EPS outlook of $13.60–$13.80.
• Analysts’ consensus rating is Hold, with an average price target of $95.55. The company also announced a quarterly dividend of $0.25 per share, equivalent to a 1.0% annualized yield.

Mirae Asset Global Investments Co. Ltd. purchased a new position in shares of Global Payments Inc. (NYSE:GPN - Free Report) during the third quarter, according to its most recent 13F filing with the Securities and Exchange Commission. The fund purchased 65,954 shares of the business services provider's stock, valued at approximately $5,386,000.

A number of other institutional investors also recently made changes to their positions in the stock. Gtcr LLC acquired a new position in shares of Global Payments during the first quarter valued at approximately $2,911,939,000. Pzena Investment Management LLC bought a new stake in Global Payments during the second quarter worth approximately $848,344,000. Dimensional Fund Advisors LP raised its holdings in Global Payments by 1.1% during the first quarter. Dimensional Fund Advisors LP now owns 2,117,172 shares of the business services provider's stock worth $142,478,000 after purchasing an additional 23,293 shares in the last quarter. Deutsche Bank AG bought a new stake in Global Payments during the second quarter worth approximately $138,781,000. Finally, Legal & General Group Plc acquired a new stake in Global Payments in the second quarter worth approximately $120,036,000. 89.76% of the stock is owned by institutional investors and hedge funds.

More Global Payments News

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

• Positive Sentiment: Management reaffirmed its 2026 adjusted EPS outlook of $13.60–$13.80. The $13.70 midpoint is slightly above the cited FactSet estimate of $13.64. Read More.
• Positive Sentiment: Q3 growth drivers included increased Genius adoption and higher enterprise volumes, while margins improved and the Worldpay integration progressed. These trends support the company’s growth story. Read More.
• Neutral Sentiment: Global Payments posted adjusted EPS of $3.58, roughly in line with estimates, and revenue of $3.18 billion, also in line. Revenue was up 36.1% year over year, and EPS rose from $3.26 a year earlier. Read More.
• Neutral Sentiment: The company reportedly dismissed speculation that it would go private. With no announced transaction, buyout rumors do not provide a confirmed catalyst for the shares. Read More.

Analyst Upgrades and Downgrades

A number of equities analysts have issued reports on the company. Argus set a $110.00 price target on Global Payments and gave the company a "buy" rating in a research note on Thursday, August 6th. Barclays set a $89.00 price objective on Global Payments and gave the stock an "equal weight" rating in a research note on Thursday, August 6th. Weiss Ratings upgraded Global Payments from a "sell (d)" rating to a "sell (d+)" rating in a report on Thursday, October 8th. HC Wainwright initiated coverage on Global Payments in a report on Thursday, August 6th. They issued a "buy" rating for the company. Finally, Morgan Stanley reaffirmed an "overweight" rating and set a $103.00 target price on shares of Global Payments in a research note on Thursday, August 6th. Thirteen analysts have rated the stock with a Buy rating, seventeen have issued a Hold rating and three have given a Sell rating to the company. Based on data from MarketBeat.com, the stock currently has an average rating of "Hold" and an average price target of $95.55.

Global Payments Price Performance

NYSE GPN opened at $95.37 on Friday. The stock has a market capitalization of $25.24 billion, a P/E ratio of 7.47, a P/E/G ratio of 0.47 and a beta of 0.83. Global Payments Inc. has a 1 year low of $61.16 and a 1 year high of $101.32. The business's fifty day moving average is $86.62 and its two-hundred day moving average is $77.41. The company has a debt-to-equity ratio of 0.90, a quick ratio of 0.82 and a current ratio of 0.82.

Global Payments (NYSE:GPN - Get Free Report) last announced its quarterly earnings data on Thursday, November 5th. The business services provider reported $3.58 EPS for the quarter, meeting analysts' consensus estimates of $3.58. The company had revenue of $3.18 billion during the quarter, compared to the consensus estimate of $3.18 billion. Global Payments had a positive return on equity of 13.80% and a negative net margin of 9.16%. The company's quarterly revenue was up 36.1% compared to the same quarter last year. During the same quarter in the prior year, the firm earned $3.26 EPS. On average, research analysts forecast that Global Payments Inc. will post 13.64 earnings per share for the current fiscal year.

Global Payments Announces Dividend

The business also recently announced a quarterly dividend, which will be paid on Thursday, December 24th. Stockholders of record on Thursday, December 10th will be issued a dividend of $0.25 per share. This represents a $1.00 annualized dividend and a dividend yield of 1.0%. The ex-dividend date of this dividend is Thursday, December 10th. Global Payments's dividend payout ratio is currently -33.56%.

About Global Payments

Global Payments Inc NYSE: GPN is a financial technology and payments company that provides software and payment solutions to businesses, financial institutions and other organizations. Its services help merchants accept payments through credit cards, debit cards, digital wallets and other electronic methods across in-store, online and mobile channels.

The company offers payment processing, point-of-sale technology, commerce management software, payment security and reporting tools. Its solutions are used in industries including retail, restaurants, hospitality, healthcare, education and government.

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