Fairtree Asset Management Pty Ltd Acquires New Position in Global Payments Inc. $GPN

Fairtree Asset Management Pty Ltd bought a new position in Global Payments Inc. (NYSE:GPN - Free Report) in the 2nd quarter, according to its most recent Form 13F filing with the SEC. The institutional investor bought 17,123 shares of the business services provider's stock, valued at approximately $1,242,000.

Other institutional investors and hedge funds also recently added to or reduced their stakes in the company. Strive Financial Group LLC bought a new position in shares of Global Payments in the fourth quarter worth approximately $25,000. DV Equities LLC purchased a new stake in Global Payments in the 4th quarter worth $26,000. Torren Management LLC purchased a new position in shares of Global Payments in the fourth quarter valued at about $34,000. Western Wealth Management LLC bought a new position in shares of Global Payments in the first quarter worth about $34,000. Finally, Johnson Financial Group Inc. purchased a new stake in shares of Global Payments during the third quarter worth about $35,000. Institutional investors own 89.76% of the company's stock.

Analyst Upgrades and Downgrades

GPN has been the subject of a number of research analyst reports. HC Wainwright assumed coverage on shares of Global Payments in a report on Thursday, August 6th. They set a "buy" rating for the company. Rothschild & Co Redburn lowered their target price on shares of Global Payments from $70.00 to $60.00 and set a "sell" rating on the stock in a report on Tuesday, May 12th. Keefe, Bruyette & Woods increased their price objective on shares of Global Payments from $76.00 to $95.00 and gave the company a "market perform" rating in a report on Thursday, August 6th. Royal Bank Of Canada raised their price objective on Global Payments from $96.00 to $102.00 and gave the company a "sector perform" rating in a research report on Wednesday. Finally, Robert W. Baird set a $120.00 target price on Global Payments in a report on Thursday, August 6th. Ten research analysts have rated the stock with a Buy rating, fifteen have given a Hold rating and three have given a Sell rating to the company's stock. According to data from MarketBeat, Global Payments presently has an average rating of "Hold" and a consensus price target of $90.92.

Global Payments Stock Performance

Global Payments stock opened at $92.12 on Friday. The company has a quick ratio of 0.82, a current ratio of 0.82 and a debt-to-equity ratio of 0.90. Global Payments Inc. has a twelve month low of $61.16 and a twelve month high of $95.58. The company's 50-day moving average price is $79.25 and its 200-day moving average price is $73.72. The company has a market cap of $24.38 billion, a PE ratio of -30.91, a price-to-earnings-growth ratio of 0.53 and a beta of 0.74.

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

Global Payments Announces Dividend

The business also recently declared a quarterly dividend, which will be paid on Friday, September 25th. Investors of record on Friday, September 11th will be given 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 dividend payout ratio (DPR) is currently -33.56%.

Key Stories Impacting Global Payments

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

• Positive Sentiment: Royal Bank of Canada raised its price target for Global Payments from $96 to $102 while maintaining a “sector perform” rating. The new target implies roughly 11% upside from the referenced price and provides support for the shares. Benzinga
• Neutral Sentiment: Analyst sentiment remains divided on Global Payments, with some analysts maintaining constructive valuations while others appear more cautious about the company’s earnings outlook. The overall takeaway is that investors are weighing potential upside against estimates that have softened. Analysts Have Conflicting Sentiments on Global Payments and Mercury Systems
• Negative Sentiment: Zacks Research retained a “Hold” rating and reduced several earnings forecasts, including Q3 and Q4 2026 EPS to $3.56 and $3.66, respectively, and FY2026 EPS to $13.63 from $13.85. Estimates were also lowered for FY2027 to $16.00 from $16.43 and FY2028 to $18.53 from $19.00. These cuts suggest analysts see somewhat less near- and longer-term earnings power than previously expected.
• Positive Sentiment: Zacks modestly increased its Q1 2027 EPS estimate to $3.43 from $3.40 and Q1 2028 to $4.02 from $3.96, providing limited offsets to the broader estimate reductions.

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.

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