Wasatch Advisors LP Reduces Stock Holdings in Shift4 Payments, Inc. $FOUR

Wasatch Advisors LP reduced its holdings in shares of Shift4 Payments, Inc. (NYSE:FOUR) by 48.4% during the 2nd quarter, HoldingsChannel reports. The institutional investor owned 2,169,197 shares of the company’s stock after selling 2,037,047 shares during the quarter. Wasatch Advisors LP’s holdings in Shift4 Payments were worth $105,510,000 as of its most recent SEC filing.

Several other institutional investors have also added to or reduced their stakes in FOUR. Versant Capital Management Inc acquired a new position in shares of Shift4 Payments during the second quarter valued at about $34,000. Advisors Asset Management Inc. raised its position in shares of Shift4 Payments by 100.0% in the 1st quarter. Advisors Asset Management Inc. now owns 434 shares of the company’s stock valued at $35,000 after purchasing an additional 217 shares during the last quarter. Empowered Funds LLC acquired a new stake in Shift4 Payments in the 4th quarter worth approximately $43,000. Vestcor Inc acquired a new stake in Shift4 Payments in the 3rd quarter worth approximately $45,000. Finally, Summer Road LLC purchased a new stake in Shift4 Payments during the 4th quarter worth approximately $47,000. Institutional investors and hedge funds own 98.87% of the company’s stock.

Analyst Upgrades and Downgrades

A number of brokerages have issued reports on FOUR. DA Davidson cut their price target on shares of Shift4 Payments from $74.00 to $68.00 and set a “buy” rating on the stock in a research note on Monday. BMO Capital Markets set a $46.00 price objective on shares of Shift4 Payments in a research note on Friday. Wolfe Research lowered shares of Shift4 Payments from an “outperform” rating to a “peer perform” rating in a report on Wednesday, April 15th. Truist Financial upped their target price on Shift4 Payments from $46.00 to $50.00 and gave the company a “hold” rating in a research report on Friday, July 24th. Finally, Stephens cut Shift4 Payments from an “overweight” rating to an “equal weight” rating and set a $50.00 price target for the company. in a research report on Friday, April 17th. Nine investment analysts have rated the stock with a Buy rating, twelve have issued a Hold rating and one has issued a Sell rating to the company’s stock. According to MarketBeat, the stock currently has an average rating of “Hold” and a consensus price target of $58.10.

Shift4 Payments Price Performance

Shares of NYSE:FOUR opened at $41.05 on Wednesday. Shift4 Payments, Inc. has a twelve month low of $34.56 and a twelve month high of $92.79. The company has a current ratio of 1.21, a quick ratio of 1.21 and a debt-to-equity ratio of 2.59. The company has a market cap of $3.26 billion, a PE ratio of 68.42, a price-to-earnings-growth ratio of 0.50 and a beta of 1.40. The company’s 50 day moving average is $46.32 and its 200 day moving average is $47.81.

Shift4 Payments (NYSE:FOUR) last announced its quarterly earnings data on Thursday, August 6th. The company reported $1.32 EPS for the quarter, beating the consensus estimate of $1.26 by $0.06. The business had revenue of $1.29 billion during the quarter, compared to analysts’ expectations of $615.65 million. Shift4 Payments had a net margin of 2.20% and a return on equity of 28.40%. The business’s quarterly revenue was up 50.9% compared to the same quarter last year. During the same period in the previous year, the business posted $1.10 EPS. Shift4 Payments has set its FY 2026 guidance at 5.150-5.350 EPS. On average, sell-side analysts forecast that Shift4 Payments, Inc. will post 4.68 EPS for the current year.

Shift4 Payments Profile

Shift4 Payments is a U.S.-based provider of integrated payment processing and technology solutions, serving merchants across the hospitality, retail, e-commerce, gaming and lodging industries. The company’s platform enables businesses to accept in-store, online and mobile payments through a combination of point-of-sale hardware, payment gateway services and back-office software. By centralizing transaction processing and reporting, Shift4 aims to simplify payments, enhance security and streamline operations for its merchant customers.

The company’s core offerings include encrypted point-of-sale terminals, cloud-based payment gateways, and developer-friendly APIs for online and mobile checkouts.