Clifford Capital Partners LLC Makes New $21.68 Million Investment in Global Payments Inc. $GPN

Clifford Capital Partners LLC acquired a new position in Global Payments Inc. (NYSE:GPN) in the 4th quarter, according to the company in its most recent filing with the Securities and Exchange Commission (SEC). The institutional investor acquired 280,146 shares of the business services provider’s stock, valued at approximately $21,683,000. Global Payments makes up 3.7% of Clifford Capital Partners LLC’s portfolio, making the stock its 9th biggest holding. Clifford Capital Partners LLC owned about 0.12% of Global Payments as of its most recent filing with the Securities and Exchange Commission (SEC).

Several other large investors have also recently bought and sold shares of GPN. Brighton Jones LLC purchased a new position in Global Payments in the fourth quarter worth $725,000. Caxton Associates LLP acquired a new stake in Global Payments in the first quarter valued at $243,000. Intech Investment Management LLC grew its holdings in Global Payments by 43.5% in the first 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 during the last quarter. Daiwa Securities Group Inc. grew its holdings in Global Payments by 7.3% in the second 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 during the last quarter. Finally, AXA S.A. grew its holdings in Global Payments by 236.6% in the second 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 during the last quarter. Hedge funds and other institutional investors own 89.76% of the company’s stock.

Global Payments Stock Down 2.9%

GPN opened at $66.49 on Thursday. The company has a quick ratio of 0.79, a current ratio of 0.79 and a debt-to-equity ratio of 0.86. The firm has a market cap of $18.19 billion, a P/E ratio of -32.59, a PEG ratio of 0.38 and a beta of 0.76. Global Payments Inc. has a 52 week low of $61.16 and a 52 week high of $90.64. The business’s fifty day simple moving average is $69.18 and its 200 day simple moving average is $72.93.

Global Payments (NYSE:GPN) last posted its quarterly earnings data on Wednesday, May 6th. The business services provider reported $2.96 EPS for the quarter, beating analysts’ consensus estimates of $2.82 by $0.14. The business had revenue of $2.86 billion for the quarter, compared to analyst estimates of $2.81 billion. Global Payments had a positive return on equity of 13.11% and a negative net margin of 7.99%.The business’s revenue for the quarter was up 63.1% compared to the same quarter last year. During the same quarter last year, the company earned $2.82 earnings per share. Global Payments has set its FY 2026 guidance at 13.800-14.000 EPS. As a group, equities research analysts anticipate that Global Payments Inc. will post 13.88 EPS for the current fiscal year.

Global Payments Announces Dividend

The business also recently disclosed a quarterly dividend, which will be paid on Friday, June 26th. Investors of record on Friday, June 12th will be paid a dividend of $0.25 per share. The ex-dividend date of this dividend is Friday, June 12th. This represents a $1.00 dividend on an annualized basis and a dividend yield of 1.5%. Global Payments’s dividend payout ratio (DPR) is presently -49.02%.

Wall Street Analysts Forecast Growth

Several analysts have weighed in on the company. TD Cowen reissued a “hold” rating and issued a $74.00 target price (down from $86.00) on shares of Global Payments in a report on Thursday, June 11th. Zacks Research lowered Global Payments from a “strong-buy” rating to a “hold” rating in a report on Friday, May 1st. The Goldman Sachs Group assumed coverage on Global Payments in a report on Monday, March 9th. They issued a “hold” rating and a $88.00 target price on the stock. Citigroup lowered their target price on Global Payments from $110.00 to $90.00 and set a “buy” rating on the stock in a report on Thursday, April 2nd. Finally, Susquehanna set a $111.00 target price on Global Payments and gave the company a “positive” rating in a report on Wednesday, June 3rd. Five analysts have rated the stock with a Buy rating, seventeen have issued a Hold rating and three have given a Sell rating to the company’s stock. Based on data from MarketBeat, the stock presently has an average rating of “Hold” and an average target price of $84.73.

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.