PNC Financial Services Group Inc. Boosts Stock Position in Global Payments Inc. $GPN

PNC Financial Services Group Inc. boosted its stake in shares of Global Payments Inc. (NYSE:GPN) by 22.1% in the third quarter, according to the company in its most recent 13F filing with the Securities & Exchange Commission. The institutional investor owned 43,868 shares of the business services provider’s stock after buying an additional 7,947 shares during the period. PNC Financial Services Group Inc.’s holdings in Global Payments were worth $3,645,000 at the end of the most recent reporting period.

Several other hedge funds have also added to or reduced their stakes in the stock. Glenview Capital Management LLC increased its holdings in shares of Global Payments by 13.8% during the second quarter. Glenview Capital Management LLC now owns 4,316,892 shares of the business services provider’s stock valued at $345,524,000 after acquiring an additional 523,209 shares in the last quarter. Norges Bank purchased a new position in shares of Global Payments in the 2nd quarter worth about $273,844,000. Massachusetts Financial Services Co. MA boosted its stake in Global Payments by 5.0% in the 2nd quarter. Massachusetts Financial Services Co. MA now owns 2,070,960 shares of the business services provider’s stock worth $165,760,000 after purchasing an additional 98,815 shares in the last quarter. Charles Schwab Investment Management Inc. grew its position in Global Payments by 1.5% during the 2nd quarter. Charles Schwab Investment Management Inc. now owns 1,649,083 shares of the business services provider’s stock valued at $131,993,000 after purchasing an additional 24,795 shares during the last quarter. Finally, Arrowstreet Capital Limited Partnership grew its position in Global Payments by 5.9% during the 2nd quarter. Arrowstreet Capital Limited Partnership now owns 1,539,684 shares of the business services provider’s stock valued at $123,236,000 after purchasing an additional 85,520 shares during the last quarter. 89.76% of the stock is owned by institutional investors.

Wall Street Analyst Weigh In

Several research analysts have issued reports on the stock. Keefe, Bruyette & Woods lifted their target price on shares of Global Payments from $87.00 to $90.00 and gave the stock a “market perform” rating in a report on Thursday. BNP Paribas Exane raised their price target on shares of Global Payments from $73.00 to $76.00 and gave the company an “underperform” rating in a research report on Thursday. Evercore decreased their price objective on shares of Global Payments from $90.00 to $85.00 in a report on Tuesday, November 11th. Truist Financial set a $85.00 target price on Global Payments in a research note on Tuesday, January 20th. Finally, Weiss Ratings reissued a “hold (c-)” rating on shares of Global Payments in a report on Thursday, January 22nd. One equities research analyst has rated the stock with a Strong Buy rating, six have issued a Buy rating, fifteen have assigned a Hold rating and two have issued a Sell rating to the stock. Based on data from MarketBeat.com, the stock currently has a consensus rating of “Hold” and a consensus price target of $91.14.

Global Payments Trading Up 2.7%

Shares of GPN stock opened at $82.46 on Friday. Global Payments Inc. has a 12-month low of $65.93 and a 12-month high of $106.26. The company has a current ratio of 1.69, a quick ratio of 0.85 and a debt-to-equity ratio of 0.83. The firm’s 50 day moving average is $76.02 and its 200 day moving average is $80.44. The stock has a market capitalization of $19.52 billion, a P/E ratio of 14.24, a P/E/G ratio of 0.50 and a beta of 0.76.

Global Payments (NYSE:GPN) last released its quarterly earnings results on Wednesday, February 18th. The business services provider reported $3.18 earnings per share for the quarter, beating the consensus estimate of $3.16 by $0.02. The firm had revenue of $2.32 billion for the quarter, compared to analysts’ expectations of $2.32 billion. Global Payments had a return on equity of 12.72% and a net margin of 16.92%.The company’s revenue was up 1.4% compared to the same quarter last year. During the same period in the prior year, the firm earned $2.85 EPS. Global Payments has set its FY 2026 guidance at 13.800-14.000 EPS. Research analysts expect that Global Payments Inc. will post 11.89 earnings per share for the current year.

Global Payments Announces Dividend

The company also recently declared a quarterly dividend, which will be paid on Monday, March 30th. Shareholders of record on Monday, March 9th will be paid a dividend of $0.25 per share. This represents a $1.00 dividend on an annualized basis and a dividend yield of 1.2%. The ex-dividend date is Monday, March 9th. Global Payments’s payout ratio is currently 14.04%.

Key Global Payments News

Here are the key news stories impacting Global Payments this week:

• Positive Sentiment: Q4 earnings beat and robust 2026 guidance — GPN reported adjusted Q4 EPS above estimates and set FY‑2026 guidance of $13.80–$14.00, which topped the Street and implies double‑digit EPS growth; that beat/guide combo is the core catalyst for the rally. Read More.
• Positive Sentiment: $2.5B total buyback program, including $550M accelerated repurchase — management approved an expanded $2.5B repurchase framework and kicked off $550M of accelerated buys, which reduces share count and supports EPS. Read More. Read More.
• Positive Sentiment: New quarterly dividend announced — GPN declared a $0.25 quarterly dividend, signaling confidence in cash flow and adding modest income appeal to the stock. Read More.
• Positive Sentiment: Analyst upside and supportive notes — several firms raised price targets or reiterated constructive views (Wells Fargo raised its PT to $105; Keefe Bruyette & Woods raised to $90), lending validation to the company’s outlook. Read More.
• Neutral Sentiment: Technical momentum — GPN cleared its 20-, 50- and 200‑day moving averages, which attracts momentum/technical buyers but doesn’t change fundamentals. Read More.
• Negative Sentiment: Heightened bearish/options activity — recent unusual activity showed a sharp rise in put buying (about 7,593 puts, ~112% above average), which could signal some hedging or skepticism from options traders even as the stock rallies.
• Negative Sentiment: Mixed sell‑side stance — some firms remain cautious: BNP Paribas raised its price target but kept an Underperform rating, highlighting that not all analysts are convinced the upside is sustainable. Read More.

Insider Activity

In other Global Payments news, Director Robert H. B. Baldwin, Jr. bought 10,392 shares of Global Payments stock in a transaction on Thursday, December 11th. The stock was acquired at an average cost of $81.42 per share, with a total value of $846,116.64. Following the completion of the acquisition, the director owned 59,303 shares in the company, valued at approximately $4,828,450.26. This represents a 21.25% increase in their ownership of the stock. The purchase was disclosed in a document filed with the SEC, which is accessible through this hyperlink. Also, EVP David M. Sheffield sold 2,016 shares of the stock in a transaction that occurred on Thursday, December 11th. The stock was sold at an average price of $81.41, for a total transaction of $164,122.56. Following the completion of the transaction, the executive vice president owned 14,438 shares in the company, valued at $1,175,397.58. The trade was a 12.25% decrease in their ownership of the stock. The disclosure for this sale is available in the SEC filing. Insiders own 1.01% of the company’s stock.

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.