Shift4 Payments, Inc. $FOUR Shares Bought by Geode Capital Management LLC

Geode Capital Management LLC raised its position in Shift4 Payments, Inc. (NYSE:FOUR) by 4.4% during the 4th quarter, according to its most recent disclosure with the SEC. The fund owned 1,367,881 shares of the company’s stock after purchasing an additional 57,282 shares during the period. Geode Capital Management LLC owned about 1.54% of Shift4 Payments worth $86,153,000 at the end of the most recent reporting period.

Other large investors also recently bought and sold shares of the company. CIBC Bancorp USA Inc. acquired a new stake in Shift4 Payments in the third quarter valued at $77,303,000. Jackson Square Partners LLC acquired a new stake in Shift4 Payments in the third quarter valued at $5,735,000. University of Illinois Foundation acquired a new stake in Shift4 Payments in the third quarter valued at $8,967,000. KTF Investments LLC acquired a new stake in Shift4 Payments in the fourth quarter valued at $4,248,000. Finally, Maxi Investments CY Ltd grew its holdings in Shift4 Payments by 368.3% in the third quarter. Maxi Investments CY Ltd now owns 77,585 shares of the company’s stock valued at $6,005,000 after purchasing an additional 61,017 shares during the last quarter. Institutional investors and hedge funds own 98.87% of the company’s stock.

Shift4 Payments Stock Down 0.0%

FOUR opened at $38.08 on Monday. The company has a quick ratio of 1.22, a current ratio of 1.22 and a debt-to-equity ratio of 2.55. The firm has a market cap of $3.02 billion, a P/E ratio of 45.33, a PEG ratio of 0.41 and a beta of 1.43. Shift4 Payments, Inc. has a 52 week low of $37.01 and a 52 week high of $108.50. The business’s fifty day simple moving average is $43.91 and its 200 day simple moving average is $54.36.

Shift4 Payments (NYSE:FOUR) last issued its quarterly earnings results on Thursday, May 7th. The company reported $0.97 earnings per share (EPS) for the quarter, missing analysts’ consensus estimates of $0.99 by ($0.02). Shift4 Payments had a return on equity of 33.55% and a net margin of 2.63%.The business had revenue of $1.12 billion during the quarter, compared to analyst estimates of $1.09 billion. During the same period in the previous year, the business posted $1.07 earnings per share. The firm’s quarterly revenue was up 49.0% on a year-over-year basis. Shift4 Payments has set its FY 2026 guidance at 5.500-5.700 EPS. As a group, equities research analysts anticipate that Shift4 Payments, Inc. will post 4.75 EPS for the current fiscal year.

Insider Transactions at Shift4 Payments

In other Shift4 Payments news, major shareholder Jared Isaacman purchased 193,000 shares of the firm’s stock in a transaction on Tuesday, May 12th. The shares were purchased at an average cost of $40.66 per share, with a total value of $7,847,380.00. Following the purchase, the insider owned 1,787,455 shares in the company, valued at approximately $72,677,920.30. This represents a 12.10% increase in their ownership of the stock. The transaction was disclosed in a filing with the SEC, which is available at this link. Over the last quarter, insiders bought 432,327 shares of company stock valued at $17,948,120. 25.15% of the stock is currently owned by company insiders.

Wall Street Analyst Weigh In

FOUR has been the topic of a number of analyst reports. Keefe, Bruyette & Woods increased their price objective on Shift4 Payments from $50.00 to $52.00 and gave the company a “market perform” rating in a research note on Friday, May 8th. Evercore set a $45.00 price objective on Shift4 Payments in a research note on Monday, May 18th. Raymond James Financial lowered Shift4 Payments from a “strong-buy” rating to an “outperform” rating and set a $67.00 price objective on the stock. in a research note on Thursday, March 26th. Royal Bank Of Canada decreased their price objective on Shift4 Payments from $73.00 to $65.00 and set an “outperform” rating on the stock in a research note on Friday, May 8th. Finally, DA Davidson decreased their price objective on Shift4 Payments from $82.00 to $74.00 and set a “buy” rating on the stock in a research note on Tuesday, May 12th. Ten research analysts have rated the stock with a Buy rating, eleven have issued a Hold rating and one has issued a Sell rating to the stock. According to MarketBeat, the stock currently has a consensus rating of “Hold” and an average price target of $70.19.

Shift4 Payments Profile

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.