Pzena Investment Management LLC Has $906.30 Million Stake in Global Payments Inc. $GPN

Pzena Investment Management LLC lowered its stake in shares of Global Payments Inc. (NYSE:GPN) by 1.3% in the third quarter, according to its most recent disclosure with the SEC. The fund owned 10,908,810 shares of the business services provider’s stock after selling 141,443 shares during the period. Global Payments makes up 3.0% of Pzena Investment Management LLC’s investment portfolio, making the stock its 11th biggest holding. Pzena Investment Management LLC owned about 4.50% of Global Payments worth $906,304,000 as of its most recent filing with the SEC.

Several other hedge funds have also made changes to their positions in GPN. CenterBook Partners LP increased its stake in Global Payments by 91.2% during the third quarter. CenterBook Partners LP now owns 36,280 shares of the business services provider’s stock valued at $3,014,000 after acquiring an additional 17,304 shares during the period. Syon Capital LLC grew its holdings in shares of Global Payments by 9.1% during the 3rd quarter. Syon Capital LLC now owns 4,346 shares of the business services provider’s stock worth $361,000 after purchasing an additional 364 shares in the last quarter. Readystate Asset Management LP grew its holdings in shares of Global Payments by 5.2% during the 3rd quarter. Readystate Asset Management LP now owns 44,597 shares of the business services provider’s stock worth $3,705,000 after purchasing an additional 2,213 shares in the last quarter. NEOS Investment Management LLC increased its position in shares of Global Payments by 38.9% during the third quarter. NEOS Investment Management LLC now owns 30,643 shares of the business services provider’s stock valued at $2,546,000 after purchasing an additional 8,589 shares during the period. Finally, Rothschild Investment LLC raised its stake in shares of Global Payments by 78.7% in the third quarter. Rothschild Investment LLC now owns 1,206 shares of the business services provider’s stock valued at $100,000 after purchasing an additional 531 shares in the last quarter. Institutional investors own 89.76% of the company’s stock.

Insiders Place Their Bets

In other Global Payments news, insider David Lawrence Green sold 11,600 shares of the company’s stock in a transaction on Wednesday, December 3rd. The shares were sold at an average price of $79.99, for a total transaction of $927,884.00. Following the completion of the sale, the insider owned 68,096 shares in the company, valued at approximately $5,446,999.04. The trade was a 14.56% decrease in their position. The sale was disclosed in a legal filing with the SEC, which is accessible through this hyperlink. Also, EVP David M. Sheffield sold 2,016 shares of the stock in a transaction on Thursday, December 11th. The shares were sold at an average price of $81.41, for a total value of $164,122.56. Following the completion of the transaction, the executive vice president directly owned 14,438 shares in the company, valued at approximately $1,175,397.58. This trade represents a 12.25% decrease in their position. The SEC filing for this sale provides additional information. Company insiders own 1.01% of the company’s stock.

Global Payments News Summary

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

• Positive Sentiment: Q4 results beat on EPS and showed margin strength (Merchant Solutions); EPS was $3.18 vs. $3.16 consensus, supporting confidence in earnings power. Business Wire: Q4 and Full‑Year 2025 Results
• Positive Sentiment: Raised FY‑2026 guidance to $13.80–$14.00 EPS (above Street), which signals double‑digit profit growth and drove much of the rally. Fool: Why GPN Stock Jumped
• Positive Sentiment: Large shareholder return: company unveiled a multi‑billion dollar buyback (reported as ~$2.5B by coverage), signaling confidence and reducing float. Benzinga: $2.5B Buyback
• Positive Sentiment: Dividend declared ($0.25 per share, record March 9), adding steady shareholder yield and signaling cash‑flow confidence.
• Neutral Sentiment: Management framed a strategic pivot around the Worldpay platform and growth initiatives; tone was upbeat but execution risk remains as integration and growth plans proceed. TipRanks: Worldpay Growth Pivot
• Neutral Sentiment: Several bullish analyst/market commentaries label GPN as undervalued or offering multi‑bagger potential—useful for sentiment but dependent on sustained execution. Seeking Alpha: Undervalued Thesis
• Neutral Sentiment: Industry note: payments players face elevated tech and operating costs even as cross‑border and e‑commerce trends support long‑term growth. Zacks: Payments Industry Headwinds
• Negative Sentiment: Revenue growth was modest (≈1.4% YoY) and management flagged higher costs; investors should watch margin trends as technology and integration spending can pressure profitability. Zacks: Q4 — Costs Temper Results

Global Payments Trading Up 16.5%

Shares of GPN stock opened at $81.27 on Thursday. The firm has a 50-day moving average price of $76.05 and a 200 day moving average price of $80.41. The company has a quick ratio of 0.85, a current ratio of 0.85 and a debt-to-equity ratio of 0.57. Global Payments Inc. has a 12-month low of $65.93 and a 12-month high of $107.27. The company has a market capitalization of $19.24 billion, a P/E ratio of 11.41, a P/E/G ratio of 0.46 and a beta of 0.76.

Global Payments (NYSE:GPN) last issued 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 net margin of 19.68% and a return on equity of 12.66%. The firm had revenue of $2.32 billion for the quarter, compared to analyst estimates of $2.32 billion. During the same quarter in the prior year, the firm earned $2.85 EPS. The company’s revenue was up 1.4% on a year-over-year basis. Global Payments has set its FY 2026 guidance at 13.800-14.000 EPS. Research analysts forecast that Global Payments Inc. will post 11.89 earnings per share for the current fiscal year.

Global Payments Dividend Announcement

The business also recently disclosed a quarterly dividend, which will be paid on Monday, March 30th. Investors of record on Monday, March 9th will be given a $0.25 dividend. This represents a $1.00 annualized dividend and a yield of 1.2%. The ex-dividend date is Monday, March 9th. Global Payments’s payout ratio is 14.04%.

Wall Street Analyst Weigh In

A number of research firms have weighed in on GPN. Stephens decreased their price target on shares of Global Payments from $95.00 to $90.00 and set an “equal weight” rating on the stock in a research note on Friday, January 16th. Wells Fargo & Company raised shares of Global Payments to a “strong-buy” rating in a report on Wednesday, October 22nd. Raymond James Financial reissued an “outperform” rating and issued a $105.00 target price on shares of Global Payments in a research note on Tuesday, November 4th. Rothschild & Co Redburn increased their price target on shares of Global Payments from $65.00 to $70.00 and gave the stock a “sell” rating in a research report on Wednesday, December 3rd. Finally, TD Cowen decreased their price objective on Global Payments from $95.00 to $90.00 and set a “hold” rating on the stock in a report on Monday, January 12th. Two analysts have rated the stock with a Strong Buy rating, five have given a Buy rating, fifteen have assigned a Hold rating and one has assigned a Sell rating to the company’s stock. Based on data from MarketBeat, the stock presently has a consensus rating of “Hold” and an average target price of $91.75.

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.