LB Partners LLC Acquires New Stake in Shift4 Payments, Inc. $FOUR

LB Partners LLC acquired a new stake in Shift4 Payments, Inc. (NYSE:FOUR) during the 1st quarter, Holdings Channel reports. The institutional investor acquired 30,000 shares of the company’s stock, valued at approximately $1,312,000. Shift4 Payments comprises about 1.2% of LB Partners LLC’s holdings, making the stock its 17th largest position.

A number of other hedge funds and other institutional investors have also bought and sold shares of FOUR. Advisors Asset Management Inc. lifted its position in shares of Shift4 Payments by 100.0% during the first quarter. Advisors Asset Management Inc. now owns 434 shares of the company’s stock worth $35,000 after purchasing an additional 217 shares during the last quarter. Vestcor Inc purchased a new stake in shares of Shift4 Payments during the third quarter valued at $45,000. Johnson Financial Group Inc. grew its holdings in shares of Shift4 Payments by 282.2% in the third quarter. Johnson Financial Group Inc. now owns 646 shares of the company’s stock worth $50,000 after purchasing an additional 477 shares during the last quarter. Empowered Funds LLC bought a new position in shares of Shift4 Payments in the fourth quarter worth about $43,000. Finally, Summer Road LLC purchased a new position in Shift4 Payments in the 4th quarter worth about $47,000. Hedge funds and other institutional investors own 98.87% of the company’s stock.

Analyst Upgrades and Downgrades

FOUR has been the subject of a number of research analyst reports. DA Davidson decreased their price objective on shares of Shift4 Payments from $82.00 to $74.00 and set a “buy” rating for the company in a report on Tuesday, May 12th. BMO Capital Markets began coverage on shares of Shift4 Payments in a research report on Tuesday, April 21st. They set a “market perform” rating and a $50.00 target price on the stock. Seaport Research Partners downgraded shares of Shift4 Payments from a “buy” rating to a “neutral” rating in a research note on Thursday, April 16th. Raymond James Financial lowered Shift4 Payments from a “strong-buy” rating to an “outperform” rating and set a $67.00 price target for the company. in a report on Thursday, March 26th. Finally, Stephens cut Shift4 Payments from an “overweight” rating to an “equal weight” rating and set a $50.00 price objective on the stock. in a research note on Friday, April 17th. Ten research analysts have rated the stock with a Buy rating, twelve have assigned a Hold rating and one has given a Sell rating to the stock. According to MarketBeat, the company has a consensus rating of “Hold” and a consensus price target of $68.29.

Shift4 Payments Price Performance

Shares of FOUR opened at $49.22 on Thursday. The company has a debt-to-equity ratio of 2.55, a quick ratio of 1.22 and a current ratio of 1.22. The company has a 50 day moving average price of $42.77 and a 200-day moving average price of $50.89. Shift4 Payments, Inc. has a fifty-two week low of $34.56 and a fifty-two week high of $108.50. The stock has a market capitalization of $3.90 billion, a PE ratio of 58.60, a PEG ratio of 0.53 and a beta of 1.40.

Shift4 Payments (NYSE:FOUR) last issued its quarterly earnings data on Thursday, May 7th. The company reported $0.97 earnings per share (EPS) for the quarter, missing the consensus estimate of $0.99 by ($0.02). The business had revenue of $1.12 billion for the quarter, compared to analysts’ expectations of $1.09 billion. Shift4 Payments had a net margin of 2.63% and a return on equity of 33.55%. The business’s quarterly revenue was up 49.0% compared to the same quarter last year. During the same period in the previous year, the business earned $1.07 earnings per share. Shift4 Payments has set its FY 2026 guidance at 5.500-5.700 EPS. Equities analysts predict that Shift4 Payments, Inc. will post 4.77 earnings per share for the current fiscal year.

Insider Activity

In related news, major shareholder Jared Isaacman acquired 195,500 shares of the firm’s stock in a transaction that occurred on Monday, May 11th. The stock was purchased at an average cost of $41.41 per share, for a total transaction of $8,095,655.00. Following the purchase, the insider directly owned 1,594,455 shares of the company’s stock, valued at $66,026,381.55. This trade represents a 13.97% increase in their position. The acquisition was disclosed in a document filed with the SEC, which can be accessed through this link. Corporate insiders own 1.54% of the company’s stock.

About Shift4 Payments

Shift4 Payments is a U.S.-based provider of integrated payment processing and technology solutions, serving merchants across the hospitality, retail, e-commerce, gaming and lodging industries. The company’s platform enables businesses to accept in-store, online and mobile payments through a combination of point-of-sale hardware, payment gateway services and back-office software. By centralizing transaction processing and reporting, Shift4 aims to simplify payments, enhance security and streamline operations for its merchant customers.

The company’s core offerings include encrypted point-of-sale terminals, cloud-based payment gateways, and developer-friendly APIs for online and mobile checkouts.