Kendall Capital Management Acquires Shares of 6,073 Global Payments Inc. $GPN

Kendall Capital Management acquired a new position in shares of Global Payments Inc. (NYSE:GPN) in the second quarter, according to its most recent disclosure with the SEC. The firm acquired 6,073 shares of the business services provider’s stock, valued at approximately $441,000.

Several other hedge funds and other institutional investors also recently modified their holdings of GPN. Vista Investment Management acquired a new position in shares of Global Payments in the second quarter valued at approximately $958,000. Elevation Point Wealth Partners LLC acquired a new stake in shares of Global Payments during the second quarter worth $245,000. Commerce Bank acquired a new stake in shares of Global Payments during the second quarter worth $971,000. Westpac Banking Corp purchased a new position in Global Payments in the 2nd quarter valued at $100,000. Finally, Korea Investment CORP purchased a new position in Global Payments in the 2nd quarter valued at $3,026,000. 89.76% of the stock is currently owned by hedge funds and other institutional investors.

Global Payments Trading Up 1.6%

Shares of GPN stock opened at $93.74 on Friday. The business’s fifty day moving average price is $79.77 and its 200 day moving average price is $73.86. The firm has a market capitalization of $24.81 billion, a PE ratio of -31.46, a P/E/G ratio of 0.54 and a beta of 0.74. The company has a debt-to-equity ratio of 0.90, a current ratio of 0.82 and a quick ratio of 0.82. Global Payments Inc. has a 1-year low of $61.16 and a 1-year high of $95.58.

Global Payments (NYSE:GPN) last released its earnings results on Wednesday, August 5th. The business services provider reported $3.46 EPS for the quarter, beating analysts’ consensus estimates of $3.44 by $0.02. The company had revenue of $3.16 billion during the quarter, compared to the consensus estimate 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 quarterly revenue was up 68.6% compared to the same quarter last year. During the same quarter last year, the company earned $3.10 earnings per share. Global Payments has set its FY 2026 guidance at 13.600-13.800 EPS. As a group, sell-side analysts forecast that Global Payments Inc. will post 13.66 EPS for the current fiscal year.

Global Payments Announces Dividend

The business also recently declared a quarterly dividend, which will be paid on Friday, September 25th. Stockholders of record on Friday, September 11th will be issued a $0.25 dividend. This represents a $1.00 dividend on an annualized basis and a dividend yield of 1.1%. The ex-dividend date is Friday, September 11th. Global Payments’s dividend payout ratio (DPR) is currently -33.56%.

Global Payments News Summary

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

Analyst Upgrades and Downgrades

GPN has been the subject of a number of analyst reports. Citigroup restated a “buy” rating on shares of Global Payments in a research report on Thursday, August 6th. BMO Capital Markets reaffirmed a “market perform” rating and issued a $83.00 target price on shares of Global Payments in a report on Thursday, August 6th. Keefe, Bruyette & Woods boosted their price target on shares of Global Payments from $76.00 to $95.00 and gave the stock a “market perform” rating in a research note on Thursday, August 6th. Cantor Fitzgerald cut their price target 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. Finally, Wolfe Research upgraded shares of Global Payments from a “peer perform” rating to an “outperform” rating and set a $110.00 price objective for the company in a research report on Thursday, August 6th. Ten investment analysts have rated the stock with a Buy rating, fifteen have assigned a Hold rating and three have issued a Sell rating to the company. Based on data from MarketBeat, Global Payments presently has an average rating of “Hold” and a consensus target price of $90.92.

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.