Osmosis Investment Management UK Ltd Invests $507,000 in Global Payments Inc. $GPN

Osmosis Investment Management UK Ltd bought a new position in Global Payments Inc. (NYSE:GPN) during the second quarter, according to its most recent filing with the SEC. The firm bought 6,986 shares of the business services provider’s stock, valued at approximately $507,000.

Several other hedge funds have also bought and sold shares of the business. Strive Financial Group LLC acquired a new position in Global Payments during the fourth quarter worth $25,000. DV Equities LLC acquired a new position in shares of Global Payments during the fourth quarter valued at about $26,000. Torren Management LLC acquired a new position in shares of Global Payments during the fourth quarter valued at about $34,000. Western Wealth Management LLC bought a new stake in shares of Global Payments during the first quarter worth about $34,000. Finally, Johnson Financial Group Inc. bought a new stake in shares of Global Payments during the third quarter worth about $35,000. Institutional investors and hedge funds own 89.76% of the company’s stock.

Analyst Ratings Changes

Several brokerages recently weighed in on GPN. BTIG Research reaffirmed a “neutral” rating on shares of Global Payments in a research report on Tuesday, June 9th. The Goldman Sachs Group boosted their price objective on Global Payments from $82.00 to $94.00 and gave the stock a “neutral” rating in a report on Thursday, August 6th. Wells Fargo & Company lowered their price objective on Global Payments from $105.00 to $95.00 and set an “overweight” rating for the company in a research note on Thursday, July 9th. Susquehanna set a $111.00 target price on Global Payments and gave the company a “positive” rating in a report on Wednesday, June 3rd. Finally, Robert W. Baird set a $120.00 target price on Global Payments in a research report on Thursday, August 6th. Ten analysts have rated the stock with a Buy rating, fifteen have given a Hold rating and three have issued a Sell rating to the company’s stock. According to MarketBeat, the company presently has an average rating of “Hold” and an average target price of $92.16.

Global Payments Stock Down 0.6%

Global Payments stock opened at $93.72 on Wednesday. Global Payments Inc. has a fifty-two week low of $61.16 and a fifty-two week high of $95.88. The company has a debt-to-equity ratio of 0.90, a quick ratio of 0.82 and a current ratio of 0.82. The firm’s 50-day simple moving average is $80.81 and its 200 day simple moving average is $74.23. The stock has a market cap of $24.80 billion, a PE ratio of -31.45, a price-to-earnings-growth ratio of 0.54 and a beta of 0.74.

Global Payments (NYSE:GPN) last posted its quarterly earnings data 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 firm had revenue of $3.16 billion during the quarter, compared to analyst estimates of $3.16 billion. During the same quarter last year, the business posted $3.10 EPS. The company’s revenue for the quarter was up 68.6% on a year-over-year basis. Global Payments has set its FY 2026 guidance at 13.600-13.800 EPS. Research analysts predict that Global Payments Inc. will post 13.66 EPS for the current fiscal year.

Global Payments Dividend Announcement

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 given a dividend of $0.25 per share. This represents a $1.00 dividend on an annualized basis and a dividend yield of 1.1%. The ex-dividend date of this dividend is Friday, September 11th. Global Payments’s dividend payout ratio (DPR) is presently -33.56%.

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.