Value Holdings Management CO. LLC Trims Position in Global Payments Inc. $GPN

Value Holdings Management CO. LLC lowered its position in shares of Global Payments Inc. (NYSE:GPN) by 24.4% during the fourth quarter, according to the company in its most recent Form 13F filing with the SEC. The fund owned 215,412 shares of the business services provider’s stock after selling 69,500 shares during the quarter. Global Payments makes up approximately 2.8% of Value Holdings Management CO. LLC’s holdings, making the stock its 13th biggest holding. Value Holdings Management CO. LLC owned approximately 0.09% of Global Payments worth $16,673,000 at the end of the most recent quarter.

Several other institutional investors also recently bought and sold shares of GPN. Thomasville National Bank lifted its stake in shares of Global Payments by 0.7% during the 3rd quarter. Thomasville National Bank now owns 17,848 shares of the business services provider’s stock worth $1,483,000 after purchasing an additional 125 shares during the period. Traynor Capital Management Inc. grew its position in shares of Global Payments by 3.5% in the fourth 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 period. Deseret Mutual Benefit Administrators increased its stake in Global Payments by 23.4% in the third 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 increased its stake in Global Payments by 0.3% in the third quarter. Swedbank AB now owns 51,177 shares of the business services provider’s stock valued at $4,252,000 after purchasing an additional 154 shares during the last quarter. Finally, Allworth Financial LP lifted its position in Global Payments by 43.2% during the third quarter. Allworth Financial LP now owns 610 shares of the business services provider’s stock worth $51,000 after buying an additional 184 shares during the period. 89.76% of the stock is currently owned by institutional investors and hedge funds.

Analyst Upgrades and Downgrades

A number of analysts have issued reports on GPN shares. Rothschild & Co Redburn raised their price target on Global Payments from $65.00 to $70.00 and gave the stock a “sell” rating in a research note on Wednesday, December 3rd. UBS Group reiterated a “neutral” rating and set a $87.00 price objective (up from $80.00) on shares of Global Payments in a report on Thursday, February 19th. Truist Financial set a $85.00 target price on shares of Global Payments in a research report on Tuesday, January 20th. Cantor Fitzgerald restated a “neutral” rating and issued a $88.00 target price (up from $80.00) on shares of Global Payments in a report on Monday, February 23rd. Finally, TD Cowen reaffirmed a “hold” rating on shares of Global Payments in a research report on Thursday, February 19th. One research analyst has rated the stock with a Strong Buy rating, five have issued a Buy rating, seventeen have given a Hold rating and two have issued a Sell rating to the company’s stock. Based on data from MarketBeat.com, Global Payments presently has an average rating of “Hold” and a consensus target price of $91.18.

Global Payments Price Performance

GPN stock opened at $69.91 on Friday. The company has a market cap of $19.24 billion, a PE ratio of 12.07, a price-to-earnings-growth ratio of 0.39 and a beta of 0.73. The company has a current ratio of 1.69, a quick ratio of 1.69 and a debt-to-equity ratio of 0.83. The stock has a 50-day moving average price of $73.33 and a two-hundred day moving average price of $78.37. Global Payments Inc. has a 12-month low of $65.93 and a 12-month high of $99.99.

Global Payments (NYSE:GPN) last released its quarterly earnings data on Wednesday, February 18th. The business services provider reported $3.18 EPS for the quarter, topping analysts’ consensus estimates of $3.16 by $0.02. Global Payments had a return on equity of 12.72% and a net margin of 16.92%.The company had revenue of $2.32 billion for the quarter, compared to the consensus estimate of $2.32 billion. During the same period last year, the business posted $2.85 EPS. The company’s quarterly revenue was up 1.4% compared to the same quarter last year. Global Payments has set its FY 2026 guidance at 13.800-14.000 EPS. As a group, research analysts predict that Global Payments Inc. will post 11.89 EPS for the current year.

Global Payments Announces Dividend

The firm also recently declared a quarterly dividend, which will be paid on Monday, March 30th. Shareholders of record on Monday, March 9th will be given a dividend of $0.25 per share. This represents a $1.00 dividend on an annualized basis and a yield of 1.4%. The ex-dividend date of this dividend is Monday, March 9th. Global Payments’s payout ratio is 17.27%.

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.