22,424 Shares in Shift4 Payments, Inc. $FOUR Bought by Oak Thistle LLC

Oak Thistle LLC purchased a new position in shares of Shift4 Payments, Inc. (NYSE:FOUR) during the fourth quarter, according to its most recent Form 13F filing with the Securities and Exchange Commission (SEC). The institutional investor purchased 22,424 shares of the company’s stock, valued at approximately $1,412,000.

Several other hedge funds and other institutional investors have also added to or reduced their stakes in FOUR. Advisors Asset Management Inc. lifted its holdings in Shift4 Payments by 100.0% during the first quarter. Advisors Asset Management Inc. now owns 434 shares of the company’s stock valued at $35,000 after purchasing an additional 217 shares in the last quarter. Cetera Investment Advisers lifted its holdings in Shift4 Payments by 18.8% during the second quarter. Cetera Investment Advisers now owns 5,443 shares of the company’s stock valued at $539,000 after purchasing an additional 860 shares in the last quarter. Prudential Financial Inc. lifted its holdings in Shift4 Payments by 29.6% during the second quarter. Prudential Financial Inc. now owns 5,410 shares of the company’s stock valued at $529,000 after purchasing an additional 1,235 shares in the last quarter. Quantbot Technologies LP lifted its holdings in Shift4 Payments by 1,618.6% during the second quarter. Quantbot Technologies LP now owns 7,854 shares of the company’s stock valued at $778,000 after purchasing an additional 7,397 shares in the last quarter. Finally, Cresset Asset Management LLC purchased a new position in Shift4 Payments during the second quarter valued at $249,000. 98.87% of the stock is owned by hedge funds and other institutional investors.

Shift4 Payments Stock Performance

NYSE:FOUR opened at $42.21 on Thursday. The company’s 50-day moving average price is $50.22 and its 200-day moving average price is $63.11. The company has a current ratio of 1.66, a quick ratio of 1.66 and a debt-to-equity ratio of 4.66. The company has a market cap of $3.43 billion, a P/E ratio of 40.20, a P/E/G ratio of 0.44 and a beta of 1.60. Shift4 Payments, Inc. has a twelve month low of $40.19 and a twelve month high of $108.50.

Shift4 Payments (NYSE:FOUR) last posted its quarterly earnings results on Thursday, February 26th. The company reported $1.60 earnings per share for the quarter, topping the consensus estimate of $1.56 by $0.04. The firm had revenue of $610.00 million for the quarter, compared to the consensus estimate of $1.20 billion. Shift4 Payments had a net margin of 2.84% and a return on equity of 39.27%. The company’s revenue for the quarter was up 50.6% on a year-over-year basis. During the same period last year, the firm posted $1.35 earnings per share. Shift4 Payments has set its FY 2026 guidance at 5.500-5.700 EPS. On average, sell-side analysts forecast that Shift4 Payments, Inc. will post 3.7 earnings per share for the current fiscal year.

Analyst Upgrades and Downgrades

Several equities analysts have issued reports on the stock. Mizuho decreased their price objective on shares of Shift4 Payments from $102.00 to $90.00 and set an “outperform” rating on the stock in a report on Monday, December 22nd. Loop Capital set a $80.00 price objective on shares of Shift4 Payments in a report on Thursday, December 11th. Benchmark decreased their price objective on shares of Shift4 Payments from $100.00 to $67.00 and set a “buy” rating on the stock in a report on Monday, March 2nd. Susquehanna decreased their price objective on shares of Shift4 Payments from $115.00 to $101.00 and set a “positive” rating on the stock in a report on Thursday, January 8th. Finally, BTIG Research decreased their price objective on shares of Shift4 Payments from $80.00 to $70.00 and set a “buy” rating on the stock in a report on Thursday, March 5th. Twelve investment analysts have rated the stock with a Buy rating, seven have given a Hold rating and one has issued a Sell rating to the stock. According to data from MarketBeat, Shift4 Payments has a consensus rating of “Moderate Buy” and an average price target of $78.12.

Insider Buying and Selling at Shift4 Payments

In other Shift4 Payments news, major shareholder Jared Isaacman purchased 159,244 shares of the firm’s stock in a transaction dated Friday, February 27th. The shares were purchased at an average cost of $44.15 per share, with a total value of $7,030,622.60. Following the completion of the purchase, the insider owned 1,321,207 shares in the company, valued at approximately $58,331,289.05. This represents a 13.70% increase in their position. The acquisition was disclosed in a document filed with the SEC, which is available through this link. Insiders have bought 385,757 shares of company stock valued at $17,666,153 over the last quarter. Company insiders own 25.15% of the company’s stock.

Shift4 Payments Profile

Shift4 Payments is a U.S.-based provider of integrated payment processing and technology solutions, serving merchants across the hospitality, retail, e-commerce, gaming and lodging industries. The company’s platform enables businesses to accept in-store, online and mobile payments through a combination of point-of-sale hardware, payment gateway services and back-office software. By centralizing transaction processing and reporting, Shift4 aims to simplify payments, enhance security and streamline operations for its merchant customers.

The company’s core offerings include encrypted point-of-sale terminals, cloud-based payment gateways, and developer-friendly APIs for online and mobile checkouts.