Global Payments Inc. $GPN Stock Holdings Boosted by MUFG Securities EMEA plc

MUFG Securities EMEA plc raised its position in shares of Global Payments Inc. (NYSE:GPN) by 31.1% in the fourth quarter, according to the company in its most recent 13F filing with the SEC. The institutional investor owned 67,705 shares of the business services provider’s stock after purchasing an additional 16,061 shares during the quarter. MUFG Securities EMEA plc’s holdings in Global Payments were worth $5,240,000 as of its most recent SEC filing.

A number of other institutional investors and hedge funds have also recently added to or reduced their stakes in GPN. Brighton Jones LLC bought a new position in Global Payments during the 4th quarter valued at $725,000. Caxton Associates LLP bought a new position in Global Payments during the 1st quarter valued at $243,000. Intech Investment Management LLC boosted its stake in Global Payments by 43.5% during the 1st quarter. Intech Investment Management LLC now owns 14,462 shares of the business services provider’s stock valued at $1,416,000 after purchasing an additional 4,386 shares in the last quarter. Daiwa Securities Group Inc. boosted its stake in Global Payments by 7.3% during the 2nd quarter. Daiwa Securities Group Inc. now owns 41,577 shares of the business services provider’s stock valued at $3,327,000 after purchasing an additional 2,840 shares in the last quarter. Finally, AXA S.A. boosted its stake in Global Payments by 236.6% during the 2nd quarter. AXA S.A. now owns 28,622 shares of the business services provider’s stock valued at $2,291,000 after purchasing an additional 20,119 shares in the last quarter. 89.76% of the stock is owned by institutional investors.

Wall Street Analysts Forecast Growth

Several equities research analysts have recently weighed in on GPN shares. Wells Fargo & Company raised their price objective on Global Payments from $103.00 to $105.00 and gave the stock an “overweight” rating in a research note on Thursday, February 19th. Raymond James Financial lowered Global Payments from an “outperform” rating to a “market perform” rating in a research note on Thursday, March 26th. The Goldman Sachs Group started coverage on Global Payments in a research note on Monday, March 9th. They set a “hold” rating and a $88.00 price objective for the company. Truist Financial reduced their price objective on Global Payments from $81.00 to $76.00 and set a “hold” rating for the company in a research note on Tuesday, May 19th. Finally, Wall Street Zen lowered Global Payments from a “buy” rating to a “hold” rating in a research note on Saturday. Four equities research analysts have rated the stock with a Buy rating, sixteen have issued a Hold rating and three have given a Sell rating to the stock. According to MarketBeat, the company currently has a consensus rating of “Hold” and a consensus price target of $84.29.

Global Payments Price Performance

GPN opened at $75.51 on Monday. The firm has a market capitalization of $20.65 billion, a P/E ratio of -37.01, a PEG ratio of 0.42 and a beta of 0.76. The stock has a fifty day moving average of $69.17 and a 200-day moving average of $73.52. The company has a quick ratio of 0.79, a current ratio of 0.79 and a debt-to-equity ratio of 0.86. Global Payments Inc. has a 12-month low of $62.45 and a 12-month high of $90.64.

Global Payments (NYSE:GPN) last issued its earnings results on Wednesday, May 6th. The business services provider reported $2.96 EPS for the quarter, topping the consensus estimate of $2.82 by $0.14. The business had revenue of $2.86 billion during the quarter, compared to analysts’ expectations of $2.81 billion. Global Payments had a positive return on equity of 13.11% and a negative net margin of 7.99%.Global Payments’s revenue was up 63.1% compared to the same quarter last year. During the same quarter last year, the firm posted $2.82 earnings per share. Global Payments has set its FY 2026 guidance at 13.800-14.000 EPS. Equities analysts forecast that Global Payments Inc. will post 13.89 EPS for the current fiscal year.

Global Payments Dividend Announcement

The firm also recently announced a quarterly dividend, which will be paid on Friday, June 26th. Stockholders of record on Friday, June 12th will be given a $0.25 dividend. This represents a $1.00 annualized dividend and a dividend yield of 1.3%. The ex-dividend date of this dividend is Friday, June 12th. Global Payments’s dividend payout ratio (DPR) is -49.02%.

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.