Empowered Funds LLC Makes New $1.48 Million Investment in Global Payments Inc. $GPN

Key Points

• Empowered Funds LLC initiated a $1.48 million position in Global Payments, purchasing 20,416 shares during the second quarter. Institutional investors collectively own 89.76% of the company.
• Global Payments reported quarterly EPS of $3.46, slightly exceeding estimates, while revenue reached $3.16 billion, up 68.6% year over year. The company’s fiscal 2026 EPS guidance is $13.60–$13.80.
• The company declared a quarterly dividend of $0.25 per share, equivalent to a 1.1% annualized yield. Analysts maintain a consensus “Hold” rating with an average price target of $92.52.

Empowered Funds LLC bought a new position in shares of Global Payments Inc. (NYSE:GPN - Free Report) during the second quarter, according to its most recent disclosure with the Securities and Exchange Commission (SEC). The firm bought 20,416 shares of the business services provider's stock, valued at approximately $1,481,000.

Several other institutional investors and hedge funds have also recently modified their holdings of the stock. Strive Financial Group LLC bought a new position in Global Payments in the fourth quarter worth approximately $25,000. DV Equities LLC bought a new stake in Global Payments during the 4th quarter valued at $26,000. Johnson Financial Group Inc. bought a new stake in Global Payments during the 3rd quarter valued at $35,000. Hantz Financial Services Inc. raised its position in Global Payments by 87.5% during the 4th quarter. Hantz Financial Services Inc. now owns 478 shares of the business services provider's stock valued at $37,000 after purchasing an additional 223 shares in the last quarter. Finally, Western Wealth Management LLC purchased a new stake in shares of Global Payments in the 1st quarter worth $34,000. Institutional investors own 89.76% of the company's stock.

Global Payments Trading Down 1.3%

Shares of NYSE:GPN opened at $91.60 on Friday. Global Payments Inc. has a 12-month low of $61.16 and a 12-month high of $95.88. The business's fifty day simple moving average is $84.37 and its 200-day simple moving average is $75.24. The company has a market capitalization of $24.24 billion, a PE ratio of -30.74, a P/E/G ratio of 0.50 and a beta of 0.78. The company has a current ratio of 0.82, a quick ratio of 0.82 and a debt-to-equity ratio of 0.90.

Global Payments (NYSE:GPN - Get Free Report) last released its quarterly earnings results on Wednesday, August 5th. The business services provider reported $3.46 EPS for the quarter, topping 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 analyst estimates of $3.16 billion. During the same period in the previous year, the company posted $3.10 EPS. The business's revenue for the quarter 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, equities research analysts predict that Global Payments Inc. will post 13.65 earnings per share for the current fiscal year.

Global Payments Announces Dividend

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

Wall Street Analyst Weigh In

A number of research firms have recently issued reports on GPN. Barclays set a $89.00 price target on Global Payments and gave the stock an "equal weight" rating in a research report on Thursday, August 6th. The Goldman Sachs Group upped their price objective 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. Deutsche Bank Aktiengesellschaft dropped their target price on shares of Global Payments from $75.00 to $70.00 and set a "hold" rating on the stock in a report on Tuesday, June 9th. BTIG Research reissued a "neutral" rating on shares of Global Payments in a research report on Tuesday, June 9th. Finally, Argus set a $110.00 price target on shares of Global Payments and gave the company a "buy" rating in a report on Thursday, August 6th. Nine research analysts have rated the stock with a Buy rating, sixteen have assigned a Hold rating and three have given a Sell rating to the company. Based on data from MarketBeat, Global Payments has an average rating of "Hold" and an average price target of $92.52.

About Global Payments

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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