Hsbc Holdings PLC Raises Position in Global Payments Inc. $GPN

Key Points

• HSBC increased its Global Payments position by 40% in the second quarter, adding 260,606 shares to hold 912,590 shares worth approximately $65.9 million. Institutional investors collectively own 89.76% of the company.
• Global Payments reported quarterly EPS of $3.46, slightly above estimates, on $3.16 billion in revenue—up 68.6% year over year. The company set fiscal 2026 EPS guidance at $13.60–$13.80.
• The stock traded at $92.76, near its $95.88 52-week high. Analysts’ consensus rating is Hold, with an average price target of $92.52, while the company declared a quarterly dividend of $0.25 per share.

Hsbc Holdings PLC grew its holdings in Global Payments Inc. (NYSE:GPN - Free Report) by 40.0% in the 2nd quarter, according to the company in its most recent Form 13F filing with the Securities & Exchange Commission. The institutional investor owned 912,590 shares of the business services provider's stock after acquiring an additional 260,606 shares during the period. Hsbc Holdings PLC owned about 0.34% of Global Payments worth $65,864,000 as of its most recent filing with the Securities & Exchange Commission.

Other large investors have also modified their holdings of the company. Gtcr LLC acquired a new position in shares of Global Payments during the first quarter worth about $2,911,939,000. Pzena Investment Management LLC acquired a new stake in Global Payments in the second quarter valued at approximately $848,344,000. Glenview Capital Management LLC raised its holdings in Global Payments by 13.8% in the second quarter. Glenview Capital Management LLC now owns 4,316,892 shares of the business services provider's stock valued at $345,524,000 after acquiring an additional 523,209 shares in the last quarter. Norges Bank purchased a new position in Global Payments in the fourth quarter worth approximately $276,014,000. Finally, Northern Trust Corp lifted its stake in Global Payments by 1.7% in the fourth quarter. Northern Trust Corp now owns 2,675,925 shares of the business services provider's stock worth $207,117,000 after acquiring an additional 45,857 shares during the last quarter. Hedge funds and other institutional investors own 89.76% of the company's stock.

Global Payments Stock Up 0.2%

Shares of NYSE GPN opened at $92.76 on Tuesday. The business has a 50-day moving average price of $85.26 and a 200 day moving average price of $75.57. The stock has a market cap of $24.55 billion, a PE ratio of -31.13, a price-to-earnings-growth ratio of 0.50 and a beta of 0.78. 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 52-week low of $61.16 and a 52-week high of $95.88.

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 company had revenue of $3.16 billion for the quarter, compared to analyst estimates of $3.16 billion. During the same quarter in the previous year, the company posted $3.10 earnings per share. The firm's 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. Equities research analysts forecast that Global Payments Inc. will post 13.64 earnings per share for the current year.

Global Payments Dividend Announcement

The firm also recently disclosed a quarterly dividend, which will be paid on Friday, September 25th. Shareholders of record on Friday, September 11th will be paid 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 Analysts Forecast Growth

GPN has been the topic of a number of analyst reports. Morgan Stanley restated an "overweight" rating and issued a $103.00 price objective on shares of Global Payments in a report on Thursday, August 6th. Weiss Ratings reissued a "sell (d)" rating on shares of Global Payments in a report on Friday, August 7th. Citigroup restated a "buy" rating on shares of Global Payments in a research note on Thursday, August 6th. Jefferies Financial Group raised Global Payments from a "hold" rating to a "buy" rating in a report on Thursday, August 6th. Finally, Susquehanna set a $111.00 price objective on Global Payments and gave the stock a "positive" rating in a research report on Wednesday, June 3rd. Nine investment analysts have rated the stock with a Buy rating, sixteen have given a Hold rating and three have issued a Sell rating to the stock. According to data from MarketBeat, the stock presently has an average rating of "Hold" and an average price target of $92.52.

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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