North Reef Capital Management LP Has $7.98 Million Stock Holdings in Shift4 Payments, Inc. $FOUR

North Reef Capital Management LP boosted its stake in shares of Shift4 Payments, Inc. (NYSE:FOUR) by 312.2% during the 3rd quarter, according to its most recent 13F filing with the SEC. The firm owned 103,056 shares of the company’s stock after buying an additional 78,056 shares during the period. Shift4 Payments makes up approximately 0.4% of North Reef Capital Management LP’s holdings, making the stock its 26th biggest holding. North Reef Capital Management LP owned 0.12% of Shift4 Payments worth $7,977,000 as of its most recent SEC filing.

Several other large investors also recently made changes to their positions in FOUR. Allworth Financial LP boosted its stake in Shift4 Payments by 410.9% in the 2nd quarter. Allworth Financial LP now owns 281 shares of the company’s stock worth $28,000 after purchasing an additional 226 shares during the period. Advisors Asset Management Inc. lifted its holdings in shares of Shift4 Payments by 100.0% in the first quarter. Advisors Asset Management Inc. now owns 434 shares of the company’s stock valued at $35,000 after purchasing an additional 217 shares in the last quarter. Hantz Financial Services Inc. boosted its position in shares of Shift4 Payments by 148.1% during the third quarter. Hantz Financial Services Inc. now owns 526 shares of the company’s stock worth $41,000 after buying an additional 314 shares during the period. Vestcor Inc bought a new position in shares of Shift4 Payments during the third quarter worth about $45,000. Finally, Johnson Financial Group Inc. raised its position in Shift4 Payments by 282.2% in the 3rd quarter. Johnson Financial Group Inc. now owns 646 shares of the company’s stock valued at $50,000 after buying an additional 477 shares during the last quarter. Institutional investors own 98.87% of the company’s stock.

Insider Activity

In other news, major shareholder Jared Isaacman bought 43,827 shares of the stock in a transaction dated Tuesday, March 10th. The stock was bought at an average price of $45.75 per share, for a total transaction of $2,005,085.25. Following the completion of the acquisition, the insider directly owned 1,410,727 shares in the company, valued at approximately $64,540,760.25. This trade represents a 3.21% increase in their position. The purchase was disclosed in a legal filing with the SEC, which can be accessed through this hyperlink. In the last three months, insiders have acquired 385,757 shares of company stock valued at $17,666,153. Corporate insiders own 25.15% of the company’s stock.

Shift4 Payments Stock Performance

Shares of Shift4 Payments stock opened at $44.63 on Tuesday. Shift4 Payments, Inc. has a 52 week low of $43.01 and a 52 week high of $108.50. The company has a quick ratio of 1.66, a current ratio of 1.66 and a debt-to-equity ratio of 4.66. The business has a 50 day moving average price of $57.24 and a 200-day moving average price of $68.14. The company has a market cap of $3.95 billion, a PE ratio of 42.50, a price-to-earnings-growth ratio of 0.33 and a beta of 1.65.

Shift4 Payments (NYSE:FOUR) last announced its quarterly earnings results on Thursday, February 26th. The company reported $1.60 earnings per share (EPS) for the quarter, topping the consensus estimate of $1.56 by $0.04. The business had revenue of $610.00 million during the quarter, compared to the consensus estimate of $1.20 billion. Shift4 Payments had a return on equity of 39.27% and a net margin of 2.84%.Shift4 Payments’s revenue was up 50.6% compared to the same quarter last year. During the same quarter 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. Equities analysts anticipate that Shift4 Payments, Inc. will post 3.7 earnings per share for the current fiscal year.

Analysts Set New Price Targets

Several brokerages have recently weighed in on FOUR. Loop Capital set a $80.00 price target on shares of Shift4 Payments in a research note on Thursday, December 11th. Weiss Ratings restated a “hold (c)” rating on shares of Shift4 Payments in a report on Monday, December 29th. Susquehanna decreased their target price on shares of Shift4 Payments from $115.00 to $101.00 and set a “positive” rating for the company in a research report on Thursday, January 8th. Raymond James Financial reiterated a “strong-buy” rating and issued a $67.00 price target on shares of Shift4 Payments in a research note on Thursday, February 26th. Finally, The Goldman Sachs Group reduced their price objective on shares of Shift4 Payments from $81.00 to $56.00 and set a “neutral” rating for the company in a research note on Monday, March 2nd. One investment 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 data from MarketBeat, Shift4 Payments has an average rating of “Moderate Buy” and an average price target of $79.89.

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.