Deutsche Bank AG Purchases New Position in Global Payments Inc. $GPN

Key Points

• Deutsche Bank acquired 1.91 million Global Payments shares worth approximately $138.8 million in the second quarter, giving it a roughly 0.70% stake. Institutional investors collectively own 89.76% of GPN.
• Global Payments exceeded quarterly earnings expectations, reporting $3.46 in adjusted EPS versus $3.44 expected, while revenue rose 68.6% year over year to $3.16 billion. The company issued fiscal 2026 EPS guidance of $13.60–$13.80.
• The company declared a quarterly dividend of $0.25 per share, equivalent to an annualized $1.00 and a 1.1% yield. Analyst sentiment remains mixed, with an average “Hold” rating and a $90.92 consensus price target.

Deutsche Bank AG purchased a new position in Global Payments Inc. (NYSE:GPN - Free Report) in the 2nd quarter, according to the company in its most recent filing with the Securities and Exchange Commission (SEC). The firm purchased 1,912,640 shares of the business services provider's stock, valued at approximately $138,781,000. Deutsche Bank AG owned approximately 0.70% of Global Payments at the end of the most recent quarter.

A number of other hedge funds and other institutional investors have also added to or reduced their stakes in GPN. Strive Financial Group LLC purchased a new position in shares of Global Payments in the 4th quarter worth approximately $25,000. DV Equities LLC purchased a new stake in Global Payments during the 4th quarter valued at $26,000. Torren Management LLC purchased a new stake in Global Payments during the 4th quarter valued at $34,000. Western Wealth Management LLC bought a new stake in Global Payments in the first quarter worth $34,000. Finally, Johnson Financial Group Inc. bought a new stake in Global Payments in the third quarter worth $35,000. 89.76% of the stock is currently owned by hedge funds and other institutional investors.

Global Payments Price Performance

GPN opened at $91.72 on Thursday. Global Payments Inc. has a 12-month low of $61.16 and a 12-month high of $95.58. 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 business's fifty day simple moving average is $78.72 and its 200-day simple moving average is $73.58. The company has a market capitalization of $24.27 billion, a price-to-earnings ratio of -30.78, a PEG ratio of 0.52 and a beta of 0.74.

Global Payments (NYSE:GPN - Get Free Report) last released its quarterly earnings data on Wednesday, August 5th. The business services provider reported $3.46 earnings per share 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 the consensus estimate of $3.16 billion. During the same period in the previous year, the company posted $3.10 earnings per share. The firm's quarterly revenue was up 68.6% on a year-over-year basis. Global Payments has set its FY 2026 guidance at 13.600-13.800 EPS. On average, equities research analysts anticipate that Global Payments Inc. will post 13.66 earnings per share for the current fiscal year.

Global Payments Announces Dividend

The firm also recently announced a quarterly dividend, which will be paid on Friday, September 25th. Shareholders of record on Friday, September 11th will be given a dividend of $0.25 per share. The ex-dividend date of this dividend is Friday, September 11th. This represents a $1.00 dividend on an annualized basis and a yield of 1.1%. Global Payments's dividend payout ratio (DPR) is -33.56%.

Analyst Ratings Changes

A number of research analysts have weighed in on the stock. Robert W. Baird set a $120.00 price objective on shares of Global Payments in a research report on Thursday, August 6th. Morgan Stanley restated an "overweight" rating and issued a $103.00 target price on shares of Global Payments in a report on Thursday, August 6th. Truist Financial lifted their price target on shares of Global Payments from $76.00 to $79.00 and gave the stock a "hold" rating in a research note on Friday, July 24th. HC Wainwright began coverage on shares of Global Payments in a report on Thursday, August 6th. They set a "buy" rating on the stock. Finally, Argus set a $110.00 price objective on shares of Global Payments and gave the stock a "buy" rating in a research report on Thursday, August 6th. Ten analysts have rated the stock with a Buy rating, fifteen have given a Hold rating and three have issued a Sell rating to the company. According to MarketBeat.com, the stock has an average rating of "Hold" and an average target price 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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