PNC Financial Services Group Inc. Raises Stock Holdings in Global Payments Inc. $GPN

PNC Financial Services Group Inc. lifted its stake in Global Payments Inc. (NYSE:GPN) by 22.1% during the 3rd quarter, according to its most recent disclosure with the Securities & Exchange Commission. The firm owned 43,868 shares of the business services provider’s stock after buying an additional 7,947 shares during the quarter. PNC Financial Services Group Inc.’s holdings in Global Payments were worth $3,645,000 as of its most recent filing with the Securities & Exchange Commission.

A number of other hedge funds also recently made changes to their positions in GPN. North Star Investment Management Corp. increased its holdings in Global Payments by 242.2% in the 3rd quarter. North Star Investment Management Corp. now owns 308 shares of the business services provider’s stock worth $26,000 after acquiring an additional 218 shares in the last quarter. Root Financial Partners LLC bought a new position in shares of Global Payments in the third quarter worth approximately $27,000. SouthState Bank Corp purchased a new stake in shares of Global Payments in the third quarter worth $28,000. REAP Financial Group LLC bought a new stake in shares of Global Payments during the 3rd quarter valued at $28,000. Finally, Mather Group LLC. bought a new stake in shares of Global Payments during the 3rd quarter valued at $37,000. 89.76% of the stock is currently owned by institutional investors.

Global Payments News Summary

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

• Positive Sentiment: Q4 earnings beat and robust 2026 guidance — GPN reported adjusted Q4 EPS above estimates and set FY‑2026 guidance of $13.80–$14.00, which topped the Street and implies double‑digit EPS growth; that beat/guide combo is the core catalyst for the rally. Read More.
• Positive Sentiment: $2.5B total buyback program, including $550M accelerated repurchase — management approved an expanded $2.5B repurchase framework and kicked off $550M of accelerated buys, which reduces share count and supports EPS. Read More. Read More.
• Positive Sentiment: New quarterly dividend announced — GPN declared a $0.25 quarterly dividend, signaling confidence in cash flow and adding modest income appeal to the stock. Read More.
• Positive Sentiment: Analyst upside and supportive notes — several firms raised price targets or reiterated constructive views (Wells Fargo raised its PT to $105; Keefe Bruyette & Woods raised to $90), lending validation to the company’s outlook. Read More.
• Neutral Sentiment: Technical momentum — GPN cleared its 20-, 50- and 200‑day moving averages, which attracts momentum/technical buyers but doesn’t change fundamentals. Read More.
• Negative Sentiment: Heightened bearish/options activity — recent unusual activity showed a sharp rise in put buying (about 7,593 puts, ~112% above average), which could signal some hedging or skepticism from options traders even as the stock rallies.
• Negative Sentiment: Mixed sell‑side stance — some firms remain cautious: BNP Paribas raised its price target but kept an Underperform rating, highlighting that not all analysts are convinced the upside is sustainable. Read More.

Insider Activity

In related news, insider David Lawrence Green sold 11,600 shares of the stock in a transaction dated Wednesday, December 3rd. The shares were sold at an average price of $79.99, for a total value of $927,884.00. Following the completion of the transaction, the insider owned 68,096 shares of the company’s stock, valued at approximately $5,446,999.04. This trade represents a 14.56% decrease in their position. The sale was disclosed in a legal filing with the Securities & Exchange Commission, which is accessible through this hyperlink. Also, Director Robert H. B. Baldwin, Jr. purchased 10,392 shares of the company’s stock in a transaction that occurred on Thursday, December 11th. The stock was bought at an average price of $81.42 per share, with a total value of $846,116.64. Following the transaction, the director owned 59,303 shares of the company’s stock, valued at $4,828,450.26. This represents a 21.25% increase in their position. The SEC filing for this purchase provides additional information. Corporate insiders own 1.01% of the company’s stock.

Wall Street Analyst Weigh In

A number of equities research analysts have issued reports on GPN shares. Wells Fargo & Company increased their price target on Global Payments from $103.00 to $105.00 and gave the stock an “overweight” rating in a research note on Thursday. Evercore cut their target price on Global Payments from $90.00 to $85.00 in a research report on Tuesday, November 11th. Weiss Ratings restated a “hold (c-)” rating on shares of Global Payments in a research note on Thursday, January 22nd. Keefe, Bruyette & Woods increased their price objective on shares of Global Payments from $87.00 to $90.00 and gave the company a “market perform” rating in a report on Thursday. Finally, BNP Paribas Exane lifted their price objective on shares of Global Payments from $73.00 to $76.00 and gave the company an “underperform” rating in a research report on Thursday. One research analyst has rated the stock with a Strong Buy rating, six have assigned a Buy rating, fifteen have issued a Hold rating and two have issued a Sell rating to the company’s stock. According to MarketBeat, Global Payments has a consensus rating of “Hold” and a consensus target price of $91.14.

Global Payments Stock Performance

NYSE GPN opened at $82.46 on Friday. The company has a debt-to-equity ratio of 0.83, a current ratio of 1.69 and a quick ratio of 0.85. Global Payments Inc. has a 1-year low of $65.93 and a 1-year high of $106.26. The business has a 50 day simple moving average of $76.02 and a two-hundred day simple moving average of $80.44. The stock has a market capitalization of $19.52 billion, a PE ratio of 14.24, a P/E/G ratio of 0.50 and a beta of 0.76.

Global Payments (NYSE:GPN) last posted its earnings results on Wednesday, February 18th. The business services provider reported $3.18 EPS for the quarter, beating 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 firm had revenue of $2.32 billion during the quarter, compared to the consensus estimate of $2.32 billion. During the same period in the prior year, the company earned $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. On average, research analysts predict that Global Payments Inc. will post 11.89 EPS for the current fiscal year.

Global Payments Dividend Announcement

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

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.