Massachusetts Financial Services Co. MA Has $151.93 Million Stock Position in Global Payments Inc. $GPN

Key Points

• Massachusetts Financial Services Co. reduced its stake in Global Payments by 4.1% in Q4 and now owns 1,962,974 shares worth $151.93 million, about 0.83% of the company.
• Analyst sentiment is mixed but leans toward a Hold, with a consensus price target of $88.05 and several recent downgrades and lower price targets from major banks.
• GPN trades near $65.40 (12‑month range $62.45–$90.64) with a $18B market cap and P/E of 11.3; the company reported $3.18 EPS for the quarter (beat) and set FY2026 guidance of $13.80–$14.00, while paying a $0.25 quarterly dividend (~1.5% yield).

Massachusetts Financial Services Co. MA reduced its position in Global Payments Inc. (NYSE:GPN - Free Report) by 4.1% in the 4th quarter, according to its most recent filing with the SEC. The fund owned 1,962,974 shares of the business services provider's stock after selling 84,650 shares during the period. Massachusetts Financial Services Co. MA owned about 0.83% of Global Payments worth $151,934,000 as of its most recent filing with the SEC.

Several other hedge funds have also bought and sold shares of the company. Thomasville National Bank lifted its stake in Global Payments by 0.7% in the 3rd quarter. Thomasville National Bank now owns 17,848 shares of the business services provider's stock valued at $1,483,000 after purchasing an additional 125 shares during the last quarter. Traynor Capital Management Inc. lifted its stake in Global Payments by 3.5% in the 4th quarter. Traynor Capital Management Inc. now owns 4,221 shares of the business services provider's stock valued at $327,000 after purchasing an additional 141 shares during the last quarter. Deseret Mutual Benefit Administrators lifted its stake in Global Payments by 23.4% in the 3rd quarter. Deseret Mutual Benefit Administrators now owns 802 shares of the business services provider's stock valued at $67,000 after purchasing an additional 152 shares during the last quarter. Swedbank AB raised its holdings in Global Payments by 0.3% in the 3rd quarter. Swedbank AB now owns 51,177 shares of the business services provider's stock valued at $4,252,000 after acquiring an additional 154 shares during the period. Finally, Allworth Financial LP raised its holdings in Global Payments by 43.2% in the 3rd quarter. Allworth Financial LP now owns 610 shares of the business services provider's stock valued at $51,000 after acquiring an additional 184 shares during the period. 89.76% of the stock is currently owned by institutional investors and hedge funds.

Wall Street Analyst Weigh In

Several research firms have weighed in on GPN. Citigroup lowered their price target on shares of Global Payments from $110.00 to $90.00 and set a "buy" rating on the stock in a report on Thursday, April 2nd. Royal Bank Of Canada lowered their price target on shares of Global Payments from $97.00 to $82.00 and set a "sector perform" rating on the stock in a report on Wednesday, April 8th. Raymond James Financial cut shares of Global Payments from an "outperform" rating to a "market perform" rating in a report on Thursday, March 26th. Deutsche Bank Aktiengesellschaft began coverage on shares of Global Payments in a report on Wednesday, January 14th. They issued a "hold" rating and a $80.00 price target on the stock. Finally, Zacks Research raised shares of Global Payments from a "hold" rating to a "strong-buy" rating in a report on Thursday, April 2nd. One investment analyst has rated the stock with a Strong Buy rating, six have issued a Buy rating, sixteen have issued a Hold rating and two have assigned a Sell rating to the company. According to data from MarketBeat, the stock currently has an average rating of "Hold" and a consensus price target of $88.05.

Global Payments Stock Down 0.1%

Shares of GPN opened at $65.40 on Monday. Global Payments Inc. has a 12 month low of $62.45 and a 12 month high of $90.64. The firm's 50 day moving average is $71.52 and its 200-day moving average is $76.65. The stock has a market capitalization of $18.00 billion, a PE ratio of 11.30, a P/E/G ratio of 0.36 and a beta of 0.76. The company has a current ratio of 1.69, a quick ratio of 1.69 and a debt-to-equity ratio of 0.83.

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

Global Payments Announces Dividend

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

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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