Natixis Advisors LLC Has $5.73 Million Stock Holdings in Global Payments Inc. $GPN

Natixis Advisors LLC trimmed its holdings in Global Payments Inc. (NYSE:GPN) by 13.0% during the fourth quarter, according to its most recent 13F filing with the Securities and Exchange Commission (SEC). The firm owned 73,979 shares of the business services provider’s stock after selling 11,007 shares during the quarter. Natixis Advisors LLC’s holdings in Global Payments were worth $5,726,000 as of its most recent filing with the Securities and Exchange Commission (SEC).

Other hedge funds and other institutional investors also recently made changes to their positions in the company. Brighton Jones LLC bought a new stake in Global Payments in the 4th quarter valued at about $725,000. Caxton Associates LLP bought a new stake in Global Payments in the 1st quarter valued at about $243,000. Intech Investment Management LLC increased its position in Global Payments by 43.5% in 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 buying an additional 4,386 shares in the last quarter. Daiwa Securities Group Inc. increased its position in Global Payments by 7.3% in 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 buying an additional 2,840 shares in the last quarter. Finally, AXA S.A. increased its position in Global Payments by 236.6% in the 2nd quarter. AXA S.A. now owns 28,622 shares of the business services provider’s stock valued at $2,291,000 after buying an additional 20,119 shares in the last quarter. 89.76% of the stock is owned by institutional investors and hedge funds.

Analyst Ratings Changes

A number of analysts recently commented on GPN shares. Citigroup decreased their target price on Global Payments from $110.00 to $90.00 and set a “buy” rating for the company in a research report on Thursday, April 2nd. Weiss Ratings lowered Global Payments from a “hold (c-)” rating to a “sell (d)” rating in a research report on Monday, May 11th. TD Cowen decreased their target price on Global Payments from $91.00 to $86.00 and set a “hold” rating for the company in a research report on Tuesday, April 7th. Keefe, Bruyette & Woods decreased their target price on Global Payments from $90.00 to $76.00 and set a “market perform” rating for the company in a research report on Tuesday, April 7th. Finally, JPMorgan Chase & Co. decreased their target price on Global Payments from $95.00 to $90.00 and set a “neutral” rating for the company in a research report on Thursday, February 12th. Five analysts have rated the stock with a Buy rating, sixteen have given a Hold rating and three have issued a Sell rating to the company’s stock. Based on data from MarketBeat.com, the stock currently has an average rating of “Hold” and an average target price of $85.50.

Global Payments Stock Performance

Shares of GPN opened at $64.48 on Tuesday. The company has a debt-to-equity ratio of 0.86, a quick ratio of 0.79 and a current ratio of 0.79. The stock has a 50 day moving average price of $69.10 and a two-hundred day moving average price of $73.29. The firm has a market capitalization of $17.64 billion, a P/E ratio of -31.61, a P/E/G ratio of 0.37 and a beta of 0.76. Global Payments Inc. has a 52 week low of $62.45 and a 52 week high of $90.64.

Global Payments (NYSE:GPN) last issued its quarterly earnings data on Wednesday, May 6th. The business services provider reported $2.96 EPS for the quarter, topping analysts’ consensus estimates of $2.82 by $0.14. The firm had revenue of $2.86 billion during 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 company’s revenue for the quarter was up 63.1% on a year-over-year basis. During the same period in the previous year, the company posted $2.82 EPS. 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 earnings per share 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. Shareholders of record on Friday, June 12th will be issued a dividend of $0.25 per share. This represents a $1.00 dividend on an annualized basis and a yield of 1.6%. The ex-dividend date of this dividend is Friday, June 12th. Global Payments’s payout ratio is currently -49.02%.

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.