Ally Financial Inc. Acquires New Shares in Global Payments Inc. $GPN

Ally Financial Inc. bought a new position 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 & Exchange Commission. The firm bought 36,000 shares of the business services provider's stock, valued at approximately $2,612,000.

Several other hedge funds and other institutional investors have also bought and sold shares of the company. Strive Financial Group LLC acquired a new stake in shares of Global Payments during the fourth quarter worth about $25,000. DV Equities LLC acquired a new position in shares of Global Payments in the fourth quarter valued at approximately $26,000. Torren Management LLC acquired a new position in shares of Global Payments in the fourth quarter valued at approximately $34,000. Western Wealth Management LLC bought a new stake in shares of Global Payments during the first quarter worth $34,000. Finally, Johnson Financial Group Inc. bought a new stake in shares of Global Payments during the third quarter worth $35,000. Institutional investors own 89.76% of the company's stock.

Global Payments Price Performance

NYSE:GPN opened at $93.74 on Monday. Global Payments Inc. has a 52-week low of $61.16 and a 52-week high of $95.58. The company has a market cap of $24.81 billion, a P/E ratio of -31.46, a P/E/G ratio of 0.54 and a beta of 0.74. 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 stock's 50-day simple moving average is $79.77 and its 200 day simple moving average is $73.87.

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

Global Payments Dividend Announcement

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 dividend payout ratio (DPR) is -33.56%.

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

Wall Street Analyst Weigh In

GPN has been the topic of a number of research reports. Wells Fargo & Company cut their price target on Global Payments from $105.00 to $95.00 and set an "overweight" rating on the stock in a report on Thursday, July 9th. Citigroup reissued a "buy" rating on shares of Global Payments in a research report on Thursday, August 6th. Royal Bank Of Canada boosted their target price on Global Payments from $96.00 to $102.00 and gave the company a "sector perform" rating in a research note on Wednesday, August 19th. Argus set a $110.00 price target on Global Payments and gave the stock a "buy" rating in a research report on Thursday, August 6th. Finally, Stephens set a $80.00 price target on shares of Global Payments and gave the stock an "equal weight" rating in a research note on Thursday, May 7th. Ten investment analysts have rated the stock with a Buy rating, fifteen have issued a Hold rating and three have given a Sell rating to the company's stock. According to MarketBeat.com, Global Payments presently has a consensus rating of "Hold" and a consensus price target of $90.92.

Global Payments 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.

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