Cardinal Capital Management Inc. Has $4.93 Million Holdings in Global Payments Inc. $GPN

Key Points

• Cardinal Capital Management cut its position in Global Payments by 36.6% in Q4, selling 36,655 shares and retaining 63,631 shares worth $4.925 million.
• Analysts' consensus on GPN is a Hold with an average target price of $88.77 following several recent price-target reductions; ratings breakdown: 1 Strong Buy, 6 Buy, 16 Hold, 2 Sell.
• Global Payments slightly beat Q4 EPS (3.18 vs. 3.16), reported essentially flat revenue, issued FY2026 guidance of $13.80–$14.00 EPS, and pays a $0.25 quarterly dividend (≈1.5% yield).

Cardinal Capital Management Inc. cut its position in Global Payments Inc. (NYSE:GPN - Free Report) by 36.6% during the fourth quarter, according to its most recent 13F filing with the Securities and Exchange Commission. The fund owned 63,631 shares of the business services provider's stock after selling 36,655 shares during the quarter. Cardinal Capital Management Inc.'s holdings in Global Payments were worth $4,925,000 at the end of the most recent reporting period.

Other hedge funds and other institutional investors have also bought and sold shares of the company. North Star Investment Management Corp. grew its stake in Global Payments by 242.2% in the 3rd quarter. North Star Investment Management Corp. now owns 308 shares of the business services provider's stock valued at $26,000 after buying an additional 218 shares during the last quarter. Root Financial Partners LLC acquired a new stake in Global Payments in the 3rd quarter worth $27,000. REAP Financial Group LLC acquired a new stake in Global Payments in the 3rd quarter worth $28,000. SouthState Bank Corp acquired a new stake in Global Payments in the 3rd quarter worth $28,000. Finally, Johnson Financial Group Inc. acquired a new stake in Global Payments in the 3rd quarter worth $35,000. 89.76% of the stock is currently owned by institutional investors and hedge funds.

Analyst Ratings Changes

Several analysts have issued reports on GPN shares. Keefe, Bruyette & Woods decreased their price target on shares of Global Payments from $90.00 to $76.00 and set a "market perform" rating on the stock in a research report on Tuesday. Zacks Research upgraded shares of Global Payments from a "hold" rating to a "strong-buy" rating in a research report on Thursday, April 2nd. TD Cowen decreased their price target on shares of Global Payments from $91.00 to $86.00 and set a "hold" rating on the stock in a research report on Tuesday. Truist Financial set a $85.00 price target on shares of Global Payments in a research report on Tuesday, January 20th. Finally, Mizuho decreased their price target on shares of Global Payments from $125.00 to $110.00 and set an "outperform" rating on the stock in a research report on Thursday, March 26th. One research analyst has rated the stock with a Strong Buy rating, six have given a Buy rating, sixteen have given a Hold rating and two have given a Sell rating to the company's stock. According to data from MarketBeat.com, Global Payments presently has a consensus rating of "Hold" and an average target price of $88.77.

Global Payments Price Performance

NYSE:GPN opened at $65.84 on Friday. The company has a 50-day moving average of $71.65 and a 200-day moving average of $76.94. The company has a market capitalization of $18.12 billion, a price-to-earnings ratio of 11.37, a PEG ratio of 0.35 and a beta of 0.76. Global Payments Inc. has a 52 week low of $62.45 and a 52 week high of $90.64. The company has a debt-to-equity ratio of 0.83, a quick ratio of 1.69 and a current ratio of 1.69.

Global Payments (NYSE:GPN - Get Free Report) last released its quarterly earnings data on Wednesday, February 18th. The business services provider reported $3.18 EPS for the quarter, topping analysts' consensus estimates of $3.16 by $0.02. The company had revenue of $2.32 billion during the quarter, compared to the consensus estimate of $2.32 billion. Global Payments had a net margin of 16.92% and a return on equity of 12.72%. The firm's revenue for the quarter was up 1.4% compared to the same quarter last year. During the same period last year, the firm earned $2.85 EPS. Global Payments has set its FY 2026 guidance at 13.800-14.000 EPS. As a group, equities research analysts anticipate that Global Payments Inc. will post 11.89 earnings per share for the current fiscal year.

Global Payments Dividend Announcement

The firm also recently disclosed a quarterly dividend, which was paid on Monday, March 30th. Stockholders of record on Monday, March 9th were issued a dividend of $0.25 per share. This represents a $1.00 dividend on an annualized basis and a dividend yield of 1.5%. The ex-dividend date of this dividend was Monday, March 9th. Global Payments's dividend payout ratio (DPR) is presently 17.27%.

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.

Want to see what other hedge funds are holding GPN? Visit HoldingsChannel.com to get the latest 13F filings and insider trades for Global Payments Inc. (NYSE:GPN - Free Report).

This instant news alert was generated by narrative science technology and financial data from MarketBeat in order to provide readers with the fastest reporting and unbiased coverage. Please send any questions or comments about this story to contact@marketbeat.com.