National Pension Service Raises Stock Holdings in Global Payments Inc. $GPN

National Pension Service boosted its position in shares of Global Payments Inc. (NYSE:GPN) by 3.7% in the second quarter, according to the company in its most recent filing with the SEC. The firm owned 397,130 shares of the business services provider’s stock after acquiring an additional 14,235 shares during the quarter. National Pension Service’s holdings in Global Payments were worth $28,816,000 at the end of the most recent reporting period.

Several other large investors have also added to or reduced their stakes in the company. Strive Financial Group LLC purchased a new position in shares of Global Payments in the fourth quarter worth about $25,000. DV Equities LLC purchased a new stake in Global Payments in the fourth quarter valued at approximately $26,000. Western Wealth Management LLC acquired a new position in Global Payments in the 1st quarter worth approximately $34,000. Johnson Financial Group Inc. acquired a new position in Global Payments in the 3rd quarter worth approximately $35,000. Finally, Hantz Financial Services Inc. raised its position in Global Payments by 87.5% during the 4th quarter. Hantz Financial Services Inc. now owns 478 shares of the business services provider’s stock worth $37,000 after buying an additional 223 shares during the last quarter. Hedge funds and other institutional investors own 89.76% of the company’s stock.

Analyst Upgrades and Downgrades

Several brokerages have commented on GPN. Morgan Stanley restated an “overweight” rating and set a $103.00 price objective on shares of Global Payments in a research note on Thursday, August 6th. TD Cowen raised their target price on shares of Global Payments from $90.00 to $95.00 and gave the stock a “hold” rating in a report on Wednesday, August 26th. HC Wainwright started coverage on shares of Global Payments in a research report on Thursday, August 6th. They set a “buy” rating for the company. Wall Street Zen lowered shares of Global Payments from a “buy” rating to a “hold” rating in a report on Saturday, May 30th. Finally, The Goldman Sachs Group upped their price target on shares of Global Payments from $82.00 to $94.00 and gave the company a “neutral” rating in a report on Thursday, August 6th. Nine equities research analysts have rated the stock with a Buy rating, seventeen have given a Hold rating and three have issued a Sell rating to the company. According to data from MarketBeat, the company has a consensus rating of “Hold” and an average price target of $92.85.

Global Payments Trading Down 0.1%

Global Payments stock opened at $88.46 on Friday. The firm has a market cap of $23.41 billion, a PE ratio of -29.68, a P/E/G ratio of 0.48 and a beta of 0.78. Global Payments Inc. has a 12 month low of $61.16 and a 12 month high of $95.88. The stock’s 50 day simple moving average is $86.24 and its two-hundred day simple moving average is $75.81. The company has a current ratio of 0.82, a quick ratio of 0.82 and a debt-to-equity ratio of 0.90.

Global Payments (NYSE:GPN) last released its quarterly earnings results on Wednesday, August 5th. The business services provider reported $3.46 EPS for the quarter, beating the consensus estimate of $3.44 by $0.02. Global Payments had a negative net margin of 9.16% and a positive return on equity of 13.80%. The company had revenue of $3.16 billion for the quarter, compared to analyst estimates of $3.16 billion. During the same quarter last year, the business earned $3.10 earnings per share. The firm’s revenue was up 68.6% on a year-over-year basis. Global Payments has set its FY 2026 guidance at 13.600-13.800 EPS. Analysts anticipate that Global Payments Inc. will post 13.63 earnings per share for the current year.

Global Payments Announces Dividend

The firm also recently declared 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. This represents a $1.00 annualized dividend and a dividend yield of 1.1%. The ex-dividend date is Friday, September 11th. Global Payments’s payout ratio is currently -33.56%.

Global Payments Profile

Global Payments Inc (NYSE:GPN) is a payments technology and software company that provides solutions for businesses, financial institutions and other organizations. Its services support payment acceptance across in-store, online and mobile channels, including credit and debit card processing, point-of-sale systems, payment gateways, integrated software and related business management tools.

The company serves merchants across industries such as retail, restaurants, hospitality, education, health care and professional services.