Janus Henderson Group PLC Trims Stake in Global Payments Inc. $GPN

Janus Henderson Group PLC reduced its stake in Global Payments Inc. (NYSE:GPN) by 73.4% during the 1st quarter, according to the company in its most recent filing with the Securities and Exchange Commission. The firm owned 27,850 shares of the business services provider’s stock after selling 76,714 shares during the period. Janus Henderson Group PLC’s holdings in Global Payments were worth $1,875,000 at the end of the most recent quarter.

A number of other large investors also recently bought and sold shares of the stock. Arkadios Wealth Advisors lifted its position in shares of Global Payments by 53.2% during the first quarter. Arkadios Wealth Advisors now owns 6,248 shares of the business services provider’s stock worth $421,000 after purchasing an additional 2,171 shares in the last quarter. South Dakota Investment Council grew its holdings in shares of Global Payments by 0.3% in the first quarter. South Dakota Investment Council now owns 177,169 shares of the business services provider’s stock valued at $11,923,000 after purchasing an additional 613 shares in the last quarter. EverSource Wealth Advisors LLC increased its stake in Global Payments by 207.6% during the 1st quarter. EverSource Wealth Advisors LLC now owns 6,188 shares of the business services provider’s stock worth $417,000 after buying an additional 4,176 shares during the period. Empowered Funds LLC increased its stake in Global Payments by 231.1% during the 1st quarter. Empowered Funds LLC now owns 30,381 shares of the business services provider’s stock worth $2,045,000 after buying an additional 21,204 shares during the period. Finally, Estuary Capital Management LP lifted its holdings in Global Payments by 6.4% during the 1st quarter. Estuary Capital Management LP now owns 475,383 shares of the business services provider’s stock worth $31,993,000 after buying an additional 28,695 shares in the last quarter. Institutional investors and hedge funds own 89.76% of the company’s stock.

Global Payments Trading Down 0.0%

NYSE:GPN opened at $86.11 on Monday. The stock’s 50 day moving average price is $75.16 and its 200 day moving average price is $72.65. The company has a market capitalization of $22.79 billion, a PE ratio of -28.90, a P/E/G ratio of 0.49 and a beta of 0.74. The company has a quick ratio of 0.82, a current ratio of 0.82 and a debt-to-equity ratio of 0.90. Global Payments Inc. has a 52-week low of $61.16 and a 52-week high of $90.85.

Global Payments (NYSE:GPN) last posted its quarterly earnings data on Wednesday, August 5th. The business services provider reported $3.46 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 company had revenue of $3.16 billion for the quarter, compared to analyst estimates of $3.16 billion. During the same period in the previous year, the business posted $3.10 earnings per share. Global Payments’s quarterly revenue was up 68.6% on a year-over-year basis. Global Payments has set its FY 2026 guidance at 13.600-13.800 EPS. On average, research analysts anticipate that Global Payments Inc. will post 13.69 EPS for the current year.

Global Payments Announces Dividend

The firm also recently announced a quarterly dividend, which will be paid on Friday, September 25th. Shareholders of record on Friday, September 11th will be issued a $0.25 dividend. The ex-dividend date of this dividend is Friday, September 11th. This represents a $1.00 dividend on an annualized basis and a yield of 1.2%. Global Payments’s dividend payout ratio (DPR) is -33.56%.

Wall Street Analyst Weigh In

A number of research firms recently issued reports on GPN. BTIG Research reiterated a “neutral” rating on shares of Global Payments in a report on Tuesday, June 9th. Rothschild & Co Redburn reduced their price target on Global Payments from $70.00 to $60.00 and set a “sell” rating on the stock in a research report on Tuesday, May 12th. Wolfe Research upgraded Global Payments from a “peer perform” rating to an “outperform” rating and set a $110.00 price objective for the company in a research note on Thursday. The Goldman Sachs Group boosted their price objective on Global Payments from $82.00 to $94.00 and gave the stock a “neutral” rating in a research report on Thursday. Finally, Wall Street Zen lowered shares of Global Payments from a “buy” rating to a “hold” rating in a research note on Saturday, May 30th. Ten investment analysts have rated the stock with a Buy rating, fifteen have assigned a Hold rating and three have issued a Sell rating to the stock. Based on data from MarketBeat, the company currently has a consensus rating of “Hold” and a consensus target price of $90.68.

About Global Payments

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.