Patient Capital Management LLC Invests $68.37 Million in Global Payments Inc. $GPN

Patient Capital Management LLC bought a new stake in Global Payments Inc. (NYSE:GPN) during the 2nd quarter, Holdings Channel reports. The firm bought 942,310 shares of the business services provider’s stock, valued at approximately $68,374,000. Global Payments accounts for about 2.2% of Patient Capital Management LLC’s investment portfolio, making the stock its 20th largest holding.

Other large investors also recently made changes to their positions in the company. Gtcr LLC acquired a new stake in Global Payments during the 1st quarter worth approximately $2,911,939,000. Pzena Investment Management LLC acquired a new position in Global Payments in the 2nd quarter valued at $848,344,000. Glenview Capital Management LLC grew its holdings in Global Payments by 13.8% in the 2nd quarter. Glenview Capital Management LLC now owns 4,316,892 shares of the business services provider’s stock valued at $345,524,000 after buying an additional 523,209 shares in the last quarter. Norges Bank bought a new position in Global Payments during the 4th quarter worth $276,014,000. Finally, Northern Trust Corp increased its position in Global Payments by 1.7% during the 4th quarter. Northern Trust Corp now owns 2,675,925 shares of the business services provider’s stock worth $207,117,000 after buying an additional 45,857 shares during the period. Institutional investors own 89.76% of the company’s stock.

More Global Payments News

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

• Positive Sentiment: Zacks Research raised its EPS forecasts for the first quarters of 2027 and 2028 to $3.43 and $4.02, respectively. These increases suggest some confidence in Global Payments’ earnings trajectory, while its FY2027 and FY2028 estimates still imply substantial year-over-year growth. Global Payments analyst estimate report
• Neutral Sentiment: Analyst sentiment remains divided. Zacks maintains a “Hold” rating, while a separate report highlights conflicting views among analysts regarding Global Payments and other industrial-goods companies. This lack of consensus may limit the stock’s upside despite its recent strength. Analysts Have Conflicting Sentiments on Global Payments
• Negative Sentiment: Zacks cut estimates across several periods, including Q3 and Q4 2026, FY2026, Q2 through Q4 2027, FY2027, Q2 2028 and FY2028. The firm reduced its FY2026 forecast to $13.63 from $13.85, FY2027 to $16.00 from $16.43, and FY2028 to $18.53 from $19.00. The revisions point to somewhat weaker expected earnings momentum and could pressure the valuation, particularly with the stock near its recent high. Zacks’ unchanged “Hold” rating reinforces the cautious outlook. Zacks Global Payments estimate revisions

Global Payments Stock Performance

NYSE:GPN opened at $93.74 on Monday. The company has a market cap of $24.81 billion, a price-to-earnings ratio of -31.46, a PEG ratio of 0.54 and a beta of 0.74. Global Payments Inc. has a fifty-two week low of $61.16 and a fifty-two week high of $95.58. The company has a debt-to-equity ratio of 0.90, a quick ratio of 0.82 and a current ratio of 0.82. The stock has a fifty day moving average price of $79.77 and a 200-day moving average price of $73.87.

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

Global Payments Announces Dividend

The company 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. This represents a $1.00 annualized dividend and a yield of 1.1%. The ex-dividend date of this dividend is Friday, September 11th. Global Payments’s dividend payout ratio (DPR) is currently -33.56%.

Analyst Ratings Changes

GPN has been the subject of a number of research reports. Jefferies Financial Group raised Global Payments from a “hold” rating to a “buy” rating in a report on Thursday, August 6th. Wall Street Zen downgraded shares of Global Payments from a “buy” rating to a “hold” rating in a research note on Saturday, May 30th. UBS Group started coverage on shares of Global Payments in a research note on Thursday, August 6th. They issued a “buy” rating for the company. BTIG Research reiterated a “neutral” rating on shares of Global Payments in a research note on Tuesday, June 9th. Finally, Cantor Fitzgerald cut their price objective on shares of Global Payments from $88.00 to $76.00 and set a “neutral” rating for the company in a report on Monday, May 11th. Ten investment analysts have rated the stock with a Buy rating, fifteen have issued a Hold rating and three have assigned a Sell rating to the company’s stock. According to MarketBeat, the company presently has an average rating of “Hold” and an average price target of $90.92.

Global Payments 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.