Davis Asset Management L.P. Makes New Investment in Global Payments Inc. $GPN

Davis Asset Management L.P. bought a new position in Global Payments Inc. (NYSE:GPN) in the 2nd quarter, according to the company in its most recent Form 13F filing with the SEC. The institutional investor bought 1,485,000 shares of the business services provider’s stock, valued at approximately $107,752,000. Global Payments makes up approximately 2.7% of Davis Asset Management L.P.’s portfolio, making the stock its 13th largest holding.

A number of other institutional investors and hedge funds also recently made changes to their positions in the company. Strive Financial Group LLC bought a new stake in shares of Global Payments during the fourth quarter valued at approximately $25,000. DV Equities LLC purchased a new stake in Global Payments in the fourth quarter worth $26,000. Torren Management LLC bought a new position in Global Payments in the fourth quarter worth $34,000. Western Wealth Management LLC bought a new position in Global Payments in the first quarter worth $34,000. Finally, Johnson Financial Group Inc. purchased a new position in Global Payments during the third quarter valued at $35,000. Hedge funds and other institutional investors own 89.76% of the company’s stock.

Analyst Ratings Changes

A number of analysts have recently commented on GPN shares. Robert W. Baird set a $120.00 target price on shares of Global Payments in a report on Thursday, August 6th. Truist Financial increased their price target on shares of Global Payments from $76.00 to $79.00 and gave the stock a “hold” rating in a research note on Friday, July 24th. BMO Capital Markets reissued a “market perform” rating and set a $83.00 price target on shares of Global Payments in a research report on Thursday, August 6th. Zacks Research lowered shares of Global Payments from a “strong-buy” rating to a “hold” rating in a research note on Friday, May 1st. Finally, Cantor Fitzgerald cut their price objective on shares of Global Payments from $88.00 to $76.00 and set a “neutral” rating on the stock in a report on Monday, May 11th. Ten equities research analysts have rated the stock with a Buy rating, fifteen have assigned a Hold rating and three have given a Sell rating to the stock. According to MarketBeat.com, the stock currently has a consensus rating of “Hold” and an average price target of $90.92.

Global Payments Price Performance

Shares of NYSE:GPN opened at $93.74 on Friday. The company has a debt-to-equity ratio of 0.90, a quick ratio of 0.82 and a current ratio of 0.82. The firm has a market cap of $24.81 billion, a price-to-earnings ratio of -31.46, a price-to-earnings-growth ratio of 0.54 and a beta of 0.74. The business has a 50-day simple moving average of $79.77 and a two-hundred day simple moving average of $73.86. Global Payments Inc. has a fifty-two week low of $61.16 and a fifty-two week high of $95.58.

Global Payments (NYSE:GPN) last announced its quarterly earnings results on Wednesday, August 5th. The business services provider reported $3.46 earnings per share (EPS) for the quarter, beating analysts’ consensus estimates of $3.44 by $0.02. Global Payments had a negative net margin of 9.16% and a positive return on equity of 13.80%. The firm had revenue of $3.16 billion for the quarter, compared to the consensus estimate of $3.16 billion. During the same quarter last year, the firm posted $3.10 EPS. The business’s quarterly 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. On average, analysts expect that Global Payments Inc. will post 13.66 earnings per share for the current year.

Global Payments Dividend Announcement

The business also recently announced a quarterly dividend, which will be paid on Friday, September 25th. Investors of record on Friday, September 11th will be issued a $0.25 dividend. The ex-dividend date is Friday, September 11th. This represents a $1.00 annualized dividend and a yield of 1.1%. Global Payments’s dividend payout ratio (DPR) is currently -33.56%.

Global Payments News Roundup

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

• Positive Sentiment: Zacks Research raised its EPS forecasts for the first quarters of 2027 and 2028 to $3.43 and $4.02, respectively. These increases suggest some confidence in Global Payments’ earnings trajectory, while its FY2027 and FY2028 estimates still imply substantial year-over-year growth. Global Payments analyst estimate report
• Neutral Sentiment: Analyst sentiment remains divided. Zacks maintains a “Hold” rating, while a separate report highlights conflicting views among analysts regarding Global Payments and other industrial-goods companies. This lack of consensus may limit the stock’s upside despite its recent strength. Analysts Have Conflicting Sentiments on Global Payments
• Negative Sentiment: Zacks cut estimates across several periods, including Q3 and Q4 2026, FY2026, Q2 through Q4 2027, FY2027, Q2 2028 and FY2028. The firm reduced its FY2026 forecast to $13.63 from $13.85, FY2027 to $16.00 from $16.43, and FY2028 to $18.53 from $19.00. The revisions point to somewhat weaker expected earnings momentum and could pressure the valuation, particularly with the stock near its recent high. Zacks’ unchanged “Hold” rating reinforces the cautious outlook. Zacks Global Payments estimate revisions

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.