Vanguard Group Inc. Lowers Stock Holdings in Shift4 Payments, Inc. $FOUR

Vanguard Group Inc. reduced its holdings in Shift4 Payments, Inc. (NYSE:FOUR) by 0.8% in the 4th quarter, according to its most recent disclosure with the Securities and Exchange Commission. The fund owned 6,070,018 shares of the company’s stock after selling 50,594 shares during the quarter. Vanguard Group Inc. owned approximately 0.07% of Shift4 Payments worth $382,229,000 as of its most recent filing with the Securities and Exchange Commission.

A number of other hedge funds have also recently added to or reduced their stakes in FOUR. Advisors Asset Management Inc. increased its stake in shares of Shift4 Payments by 100.0% during the 1st quarter. Advisors Asset Management Inc. now owns 434 shares of the company’s stock valued at $35,000 after acquiring an additional 217 shares during the last quarter. Hantz Financial Services Inc. boosted its position in shares of Shift4 Payments by 148.1% in the third quarter. Hantz Financial Services Inc. now owns 526 shares of the company’s stock worth $41,000 after acquiring an additional 314 shares during the last quarter. Vestcor Inc purchased a new stake in Shift4 Payments in the third quarter valued at approximately $45,000. Johnson Financial Group Inc. grew its holdings in Shift4 Payments by 282.2% in the third quarter. Johnson Financial Group Inc. now owns 646 shares of the company’s stock valued at $50,000 after purchasing an additional 477 shares during the period. Finally, Huntington National Bank increased its position in Shift4 Payments by 93.9% during the third quarter. Huntington National Bank now owns 764 shares of the company’s stock worth $59,000 after purchasing an additional 370 shares during the last quarter. 98.87% of the stock is owned by institutional investors and hedge funds.

Shift4 Payments Stock Performance

NYSE:FOUR opened at $43.00 on Thursday. The firm’s fifty day simple moving average is $46.05 and its 200 day simple moving average is $58.87. The company has a current ratio of 1.66, a quick ratio of 1.66 and a debt-to-equity ratio of 4.66. Shift4 Payments, Inc. has a twelve month low of $39.90 and a twelve month high of $108.50. The firm has a market capitalization of $3.49 billion, a price-to-earnings ratio of 40.95, a PEG ratio of 0.45 and a beta of 1.44.

Shift4 Payments (NYSE:FOUR) last announced its quarterly earnings results on Thursday, May 7th. The company reported $0.97 earnings per share (EPS) for the quarter, missing the consensus estimate of $0.99 by ($0.02). Shift4 Payments had a net margin of 2.84% and a return on equity of 39.27%. The company had revenue of $1.12 billion during the quarter, compared to analyst estimates of $1.09 billion. Shift4 Payments has set its FY 2026 guidance at 5.500-5.700 EPS. As a group, equities research analysts expect that Shift4 Payments, Inc. will post 4.65 earnings per share for the current fiscal year.

Insider Activity

In related news, major shareholder Jared Isaacman bought 43,827 shares of the stock in a transaction dated Tuesday, March 10th. The stock was acquired at an average price of $45.75 per share, for a total transaction of $2,005,085.25. Following the completion of the purchase, the insider owned 1,410,727 shares in the company, 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 can be accessed through this hyperlink. Insiders bought a total of 385,757 shares of company stock valued at $17,666,153 in the last ninety days. 25.15% of the stock is currently owned by company insiders.

Wall Street Analysts Forecast Growth

A number of equities analysts have weighed in on FOUR shares. Capital One Financial set a $50.00 price target on shares of Shift4 Payments in a research note on Tuesday, April 21st. The Goldman Sachs Group dropped their price objective on Shift4 Payments from $81.00 to $56.00 and set a “neutral” rating for the company in a report on Monday, March 2nd. BTIG Research cut their target price on Shift4 Payments from $80.00 to $70.00 and set a “buy” rating on the stock in a research report on Thursday, March 5th. Raymond James Financial cut Shift4 Payments from a “strong-buy” rating to an “outperform” rating and set a $67.00 target price on the stock. in a report on Thursday, March 26th. Finally, Freedom Capital downgraded Shift4 Payments from a “strong-buy” rating to a “hold” rating in a research report on Friday, February 27th. Eleven investment analysts have rated the stock with a Buy rating, ten have assigned a Hold rating and two have issued a Sell rating to the company’s stock. According to MarketBeat.com, the company presently has an average rating of “Hold” and a consensus target price of $72.76.

Shift4 Payments Company 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.