ShawSpring Partners LLC Has $96.86 Million Stock Position in Shift4 Payments, Inc. $FOUR

ShawSpring Partners LLC boosted its stake in shares of Shift4 Payments, Inc. (NYSE:FOUR) by 60.7% during the 3rd quarter, HoldingsChannel reports. The fund owned 1,251,374 shares of the company’s stock after purchasing an additional 472,652 shares during the period. Shift4 Payments accounts for about 14.4% of ShawSpring Partners LLC’s holdings, making the stock its largest position. ShawSpring Partners LLC’s holdings in Shift4 Payments were worth $96,856,000 as of its most recent SEC filing.

A number of other institutional investors and hedge funds have also made changes to their positions in FOUR. Johnson Financial Group Inc. raised its position in Shift4 Payments by 282.2% during the third quarter. Johnson Financial Group Inc. now owns 646 shares of the company’s stock valued at $50,000 after acquiring an additional 477 shares in the last quarter. Vestcor Inc bought a new position in Shift4 Payments in the 3rd quarter valued at about $45,000. Fieldview Capital Management LLC acquired a new position in Shift4 Payments in the third quarter valued at about $366,000. WINTON GROUP Ltd bought a new position in Shift4 Payments during the third quarter valued at $204,000. Finally, Parallel Advisors LLC grew its holdings in Shift4 Payments by 5.6% during the 3rd quarter. Parallel Advisors LLC now owns 4,049 shares of the company’s stock valued at $313,000 after buying an additional 214 shares in the last quarter. 98.87% of the stock is currently owned by institutional investors and hedge funds.

Wall Street Analysts Forecast Growth

A number of research firms recently weighed in on FOUR. Loop Capital set a $80.00 target price on Shift4 Payments in a research report on Thursday, December 11th. Wells Fargo & Company lowered their price objective on shares of Shift4 Payments from $77.00 to $55.00 and set an “equal weight” rating on the stock in a research note on Friday, February 27th. Deutsche Bank Aktiengesellschaft cut Shift4 Payments from a “buy” rating to a “hold” rating and lowered their price target for the stock from $100.00 to $65.00 in a research report on Thursday, January 15th. Freedom Capital downgraded Shift4 Payments from a “strong-buy” rating to a “hold” rating in a report on Friday, February 27th. Finally, The Goldman Sachs Group decreased their price target on shares of Shift4 Payments from $81.00 to $56.00 and set a “neutral” rating on the stock in a research report on Monday, March 2nd. One analyst has rated the stock with a Strong Buy rating, twelve have issued a Buy rating and nine have given a Hold rating to the company. According to MarketBeat.com, the stock presently has an average rating of “Moderate Buy” and an average target price of $79.89.

Insider Buying and Selling at Shift4 Payments

In other news, major shareholder Jared Isaacman acquired 43,827 shares of the business’s stock in a transaction that occurred on Tuesday, March 10th. The shares were purchased at an average price of $45.75 per share, for a total transaction of $2,005,085.25. Following the acquisition, the insider owned 1,410,727 shares of the company’s stock, valued at $64,540,760.25. This represents a 3.21% increase in their ownership of the stock. The transaction was disclosed in a document filed with the Securities & Exchange Commission, which is available at the SEC website. Insiders acquired 385,757 shares of company stock worth $17,666,153 in the last ninety days. 25.15% of the stock is currently owned by company insiders.

Shift4 Payments Stock Down 7.1%

Shares of NYSE:FOUR opened at $43.88 on Friday. Shift4 Payments, Inc. has a 52-week low of $43.32 and a 52-week high of $108.50. The company has a 50 day moving average of $58.01 and a two-hundred day moving average of $69.09. The company has a market capitalization of $3.89 billion, a price-to-earnings ratio of 41.79, a price-to-earnings-growth ratio of 0.36 and a beta of 1.65. The company has a quick ratio of 1.66, a current ratio of 1.66 and a debt-to-equity ratio of 4.66.

Shift4 Payments (NYSE:FOUR) last announced its quarterly earnings data on Thursday, February 26th. The company reported $1.60 earnings per share (EPS) for the quarter, topping analysts’ consensus estimates of $1.56 by $0.04. The firm had revenue of $610.00 million during the quarter, compared to analysts’ expectations of $1.20 billion. Shift4 Payments had a net margin of 2.84% and a return on equity of 39.27%. The company’s revenue for the quarter was up 50.6% compared to the same quarter last year. During the same period in the prior year, the company posted $1.35 earnings per share. Shift4 Payments has set its FY 2026 guidance at 5.500-5.700 EPS. As a group, analysts forecast that Shift4 Payments, Inc. will post 3.7 earnings per share for the current fiscal year.

About Shift4 Payments

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.