17,123 Shares in Global Payments Inc. $GPN Purchased by Fairtree Asset Management Pty Ltd

Fairtree Asset Management Pty Ltd acquired a new position in Global Payments Inc. (NYSE:GPN) in the 2nd quarter, HoldingsChannel reports. The fund acquired 17,123 shares of the business services provider’s stock, valued at approximately $1,242,000.

Several other large investors have also modified their holdings of GPN. Strive Financial Group LLC bought a new position in shares of Global Payments during the fourth quarter valued at approximately $25,000. DV Equities LLC bought a new stake in shares of Global Payments during the 4th quarter worth approximately $26,000. Torren Management LLC bought a new stake in shares of Global Payments during the 4th quarter worth approximately $34,000. Western Wealth Management LLC purchased a new position in Global Payments during the 1st quarter valued at $34,000. Finally, Johnson Financial Group Inc. bought a new position in Global Payments in the 3rd quarter valued at $35,000. Hedge funds and other institutional investors own 89.76% of the company’s stock.

Global Payments Trading Up 0.4%

GPN opened at $92.12 on Friday. 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 fifty day moving average is $79.25 and its two-hundred day moving average is $73.72. The company has a market capitalization of $24.38 billion, a P/E ratio of -30.91, a PEG ratio of 0.53 and a beta of 0.74. Global Payments Inc. has a 52 week low of $61.16 and a 52 week high of $95.58.

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

Global Payments Dividend Announcement

The firm also recently disclosed a quarterly dividend, which will be paid on Friday, September 25th. Investors of record on Friday, September 11th will be paid 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 1.1%. Global Payments’s dividend payout ratio is -33.56%.

Wall Street Analyst Weigh In

A number of research firms have weighed in on GPN. The Goldman Sachs Group increased their target price on Global Payments from $82.00 to $94.00 and gave the stock a “neutral” rating in a research note on Thursday, August 6th. Keefe, Bruyette & Woods boosted their target price on shares of Global Payments from $76.00 to $95.00 and gave the company a “market perform” rating in a research note on Thursday, August 6th. Argus set a $110.00 price target on shares of Global Payments and gave the stock a “buy” rating in a report on Thursday, August 6th. BMO Capital Markets reaffirmed a “market perform” rating and issued a $83.00 price target on shares of Global Payments in a research note on Thursday, August 6th. Finally, Morgan Stanley reiterated an “overweight” rating and set a $103.00 price objective on shares of Global Payments in a report on Thursday, August 6th. Ten research analysts have rated the stock with a Buy rating, fifteen have assigned a Hold rating and three have assigned a Sell rating to the stock. Based on data from MarketBeat.com, the stock presently has a consensus rating of “Hold” and a consensus price target of $90.92.

Key Global Payments News

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.

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.