MW Advisory LLC Purchases Shares of 11,219 Global Payments Inc. $GPN

MW Advisory LLC acquired a new position in shares of Global Payments Inc. (NYSE:GPN) in the 2nd quarter, according to its most recent 13F filing with the Securities and Exchange Commission (SEC). The firm acquired 11,219 shares of the business services provider’s stock, valued at approximately $814,000.

A number of other institutional investors also recently made changes to their positions in GPN. Strive Financial Group LLC bought a new position in shares of Global Payments during the fourth quarter worth approximately $25,000. DV Equities LLC acquired a new position in Global Payments in the 4th quarter valued at $26,000. Western Wealth Management LLC acquired a new position in Global Payments in the 1st quarter valued at $34,000. Johnson Financial Group Inc. bought a new position in Global Payments during the 3rd quarter worth $35,000. Finally, Hantz Financial Services Inc. lifted its holdings in shares of Global Payments by 87.5% during the fourth quarter. Hantz Financial Services Inc. now owns 478 shares of the business services provider’s stock worth $37,000 after buying an additional 223 shares in the last quarter. Institutional investors own 89.76% of the company’s stock.

Analyst Upgrades and Downgrades

GPN has been the topic of several research reports. Rothschild & Co Redburn decreased their price target on shares of Global Payments from $70.00 to $60.00 and set a “sell” rating on the stock in a research note on Tuesday, May 12th. Wolfe Research reissued an “outperform” rating and issued a $125.00 price objective (up from $110.00) on shares of Global Payments in a report on Tuesday, August 25th. Weiss Ratings restated a “sell (d)” rating on shares of Global Payments in a research report on Friday, August 7th. TD Cowen raised their target price on shares of Global Payments from $90.00 to $95.00 and gave the stock a “hold” rating in a report on Wednesday, August 26th. Finally, Keefe, Bruyette & Woods lifted their price target on shares of Global Payments from $76.00 to $95.00 and gave the company a “market perform” rating in a research report on Thursday, August 6th. Nine investment analysts have rated the stock with a Buy rating, sixteen have issued a Hold rating and three have given a Sell rating to the company. Based on data from MarketBeat, the stock currently has a consensus rating of “Hold” and a consensus price target of $92.52.

Global Payments Trading Up 1.1%

Shares of GPN opened at $92.76 on Friday. Global Payments Inc. has a 52-week low of $61.16 and a 52-week high of $95.88. The business’s fifty day moving average is $84.83 and its 200-day moving average is $75.36. 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 has a market cap of $24.55 billion, a price-to-earnings ratio of -31.13, a PEG ratio of 0.50 and a beta of 0.78.

Global Payments (NYSE:GPN) last announced its quarterly earnings data on Wednesday, August 5th. The business services provider reported $3.46 earnings per share for the quarter, topping the consensus estimate of $3.44 by $0.02. The business had revenue of $3.16 billion during the quarter, compared to the consensus estimate of $3.16 billion. Global Payments had a positive return on equity of 13.80% and a negative net margin of 9.16%.Global Payments’s revenue for the quarter was up 68.6% on a year-over-year basis. During the same period in the prior year, the company earned $3.10 EPS. Global Payments has set its FY 2026 guidance at 13.600-13.800 EPS. Equities analysts anticipate that Global Payments Inc. will post 13.65 EPS for the current fiscal year.

Global Payments Dividend Announcement

The business also recently announced a quarterly dividend, which will be paid on Friday, September 25th. Stockholders of record on Friday, September 11th will be issued a $0.25 dividend. The ex-dividend date of this dividend is Friday, September 11th. This represents a $1.00 dividend on an annualized basis and a dividend yield of 1.1%. Global Payments’s dividend payout ratio is -33.56%.

Global Payments Company Profile

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.