MW Advisory LLC Invests $814,000 in Global Payments Inc. $GPN

MW Advisory LLC purchased a new stake in Global Payments Inc. (NYSE:GPN) in the second quarter, according to its most recent filing with the Securities and Exchange Commission. The institutional investor purchased 11,219 shares of the business services provider’s stock, valued at approximately $814,000.

Several other hedge funds also recently modified their holdings of the company. Strive Financial Group LLC acquired a new stake in shares of Global Payments during the fourth quarter valued at about $25,000. DV Equities LLC acquired a new position in shares of Global Payments in the fourth quarter valued at approximately $26,000. Western Wealth Management LLC acquired a new position in shares of Global Payments in the first quarter valued at approximately $34,000. Johnson Financial Group Inc. bought a new position in Global Payments in the 3rd quarter valued at approximately $35,000. Finally, Hantz Financial Services Inc. raised its holdings in Global Payments by 87.5% in the 4th quarter. Hantz Financial Services Inc. now owns 478 shares of the business services provider’s stock valued at $37,000 after buying an additional 223 shares during the last quarter. Institutional investors and hedge funds own 89.76% of the company’s stock.

Analysts Set New Price Targets

A number of research firms have weighed in on GPN. TD Cowen boosted their target price on shares of Global Payments from $90.00 to $95.00 and gave the stock a “hold” rating in a report on Wednesday, August 26th. Wells Fargo & Company dropped their price target on shares of Global Payments from $105.00 to $95.00 and set an “overweight” rating for the company in a research note on Thursday, July 9th. HC Wainwright assumed coverage on shares of Global Payments in a report on Thursday, August 6th. They set a “buy” rating on the stock. Citigroup reissued a “buy” rating on shares of Global Payments in a research note on Thursday, August 6th. Finally, Barclays set a $89.00 price objective on Global Payments and gave the company an “equal weight” rating in a report on Thursday, August 6th. Nine investment analysts have rated the stock with a Buy rating, sixteen have issued a Hold rating and three have assigned a Sell rating to the stock. According to MarketBeat, the stock presently has a consensus rating of “Hold” and a consensus price target of $92.52.

Global Payments Stock Performance

Shares of GPN stock opened at $92.76 on Friday. The stock has a market capitalization of $24.55 billion, a PE ratio of -31.13, a PEG ratio of 0.50 and a beta of 0.78. The business’s 50 day simple moving average is $84.83 and its 200 day simple moving average is $75.36. The company has a debt-to-equity ratio of 0.90, a current ratio of 0.82 and a quick ratio of 0.82. Global Payments Inc. has a one year low of $61.16 and a one year high of $95.88.

Global Payments (NYSE:GPN) last released its quarterly earnings results on Wednesday, August 5th. The business services provider reported $3.46 earnings per share (EPS) for the quarter, topping the consensus estimate of $3.44 by $0.02. The firm had revenue of $3.16 billion during the quarter, compared to analyst estimates of $3.16 billion. Global Payments had a negative net margin of 9.16% and a positive return on equity of 13.80%. The company’s revenue was up 68.6% compared to the same quarter last year. During the same quarter last year, the business earned $3.10 EPS. Global Payments has set its FY 2026 guidance at 13.600-13.800 EPS. As a group, research analysts forecast that Global Payments Inc. will post 13.65 earnings per share for the current year.

Global Payments Announces Dividend

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

Global Payments Company 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.