Paralel Advisors LLC Makes New Investment in Global Payments Inc. $GPN

Paralel Advisors LLC acquired a new stake in Global Payments Inc. (NYSE:GPN) in the 2nd quarter, according to its most recent Form 13F filing with the Securities & Exchange Commission. The institutional investor acquired 34,357 shares of the business services provider’s stock, valued at approximately $2,493,000.

Other hedge funds also recently modified their holdings of the company. Gtcr LLC acquired a new position in Global Payments during the 1st quarter valued at $2,911,939,000. Pzena Investment Management LLC bought a new stake in Global Payments in the 2nd quarter valued at $848,344,000. Norges Bank acquired a new stake in Global Payments in the 4th quarter worth $276,014,000. Deutsche Bank AG acquired a new stake in Global Payments in the 2nd quarter worth $138,781,000. Finally, Bank of New York Mellon Corp bought a new position in shares of Global Payments during the 2nd quarter worth about $99,702,000. 89.76% of the stock is owned by institutional investors.

Wall Street Analyst Weigh In

A number of research analysts have recently commented on GPN shares. Jefferies Financial Group raised shares of Global Payments from a “hold” rating to a “buy” rating in a research report on Thursday, August 6th. HC Wainwright initiated coverage on Global Payments in a research note on Thursday, August 6th. They issued a “buy” rating for the company. Zacks Research downgraded shares of Global Payments from a “strong-buy” rating to a “hold” rating in a research report on Friday, May 1st. Keefe, Bruyette & Woods lifted their price target on shares of Global Payments from $76.00 to $95.00 and gave the stock a “market perform” rating in a research report on Thursday, August 6th. Finally, Barclays set a $89.00 target price on shares of Global Payments and gave the stock an “equal weight” rating in a research note on Thursday, August 6th. Ten analysts have rated the stock with a Buy rating, fifteen have given a Hold rating and three have assigned a Sell rating to the company. According to MarketBeat, Global Payments currently has a consensus rating of “Hold” and a consensus target price of $90.92.

Trending Headlines about Global Payments

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

• Positive Sentiment: Royal Bank of Canada raised its price target for Global Payments from $96 to $102 while maintaining a “sector perform” rating. The new target implies roughly 11% upside from the referenced price and provides support for the shares. Benzinga
• Neutral Sentiment: Analyst sentiment remains divided on Global Payments, with some analysts maintaining constructive valuations while others appear more cautious about the company’s earnings outlook. The overall takeaway is that investors are weighing potential upside against estimates that have softened. Analysts Have Conflicting Sentiments on Global Payments and Mercury Systems
• Negative Sentiment: Zacks Research retained a “Hold” rating and reduced several earnings forecasts, including Q3 and Q4 2026 EPS to $3.56 and $3.66, respectively, and FY2026 EPS to $13.63 from $13.85. Estimates were also lowered for FY2027 to $16.00 from $16.43 and FY2028 to $18.53 from $19.00. These cuts suggest analysts see somewhat less near- and longer-term earnings power than previously expected.
• Positive Sentiment: Zacks modestly increased its Q1 2027 EPS estimate to $3.43 from $3.40 and Q1 2028 to $4.02 from $3.96, providing limited offsets to the broader estimate reductions.

Global Payments Stock Up 0.4%

NYSE:GPN opened at $92.12 on Friday. Global Payments Inc. has a twelve month low of $61.16 and a twelve month high of $95.58. The firm has a market capitalization of $24.38 billion, a price-to-earnings ratio of -30.91, a price-to-earnings-growth ratio of 0.53 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. The stock’s 50 day moving average price is $79.25 and its two-hundred day moving average price is $73.72.

Global Payments (NYSE:GPN) last released its earnings results on Wednesday, August 5th. The business services provider reported $3.46 earnings per share for the quarter, beating the consensus estimate of $3.44 by $0.02. The business had revenue of $3.16 billion during the quarter, compared to analysts’ expectations of $3.16 billion. Global Payments had a negative net margin of 9.16% and a positive return on equity of 13.80%. The firm’s revenue was up 68.6% on a year-over-year basis. During the same period last year, the business earned $3.10 earnings per share. Global Payments has set its FY 2026 guidance at 13.600-13.800 EPS. Equities research analysts expect that Global Payments Inc. will post 13.66 earnings per share for the current fiscal year.

Global Payments Announces Dividend

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