Shift4 Payments, Inc. $FOUR is ShawSpring Partners LLC’s Largest Position

ShawSpring Partners LLC grew its position in Shift4 Payments, Inc. (NYSE:FOUR) by 60.7% in the 3rd quarter, according to its most recent disclosure with the Securities and Exchange Commission. The firm owned 1,251,374 shares of the company’s stock after acquiring an additional 472,652 shares during the quarter. Shift4 Payments comprises approximately 14.4% of ShawSpring Partners LLC’s portfolio, making the stock its biggest position. ShawSpring Partners LLC owned approximately 1.42% of Shift4 Payments worth $96,856,000 at the end of the most recent quarter.

A number of other hedge funds also recently made changes to their positions in FOUR. Mawer Investment Management Ltd. grew its stake in shares of Shift4 Payments by 66.9% in the 3rd quarter. Mawer Investment Management Ltd. now owns 178,318 shares of the company’s stock worth $13,802,000 after buying an additional 71,489 shares during the last quarter. Rice Hall James & Associates LLC boosted its holdings in shares of Shift4 Payments by 71.3% during the 3rd quarter. Rice Hall James & Associates LLC now owns 584,231 shares of the company’s stock valued at $45,219,000 after acquiring an additional 243,161 shares during the last quarter. Maestria Partners LLC raised its position in Shift4 Payments by 36.6% during the third quarter. Maestria Partners LLC now owns 372,423 shares of the company’s stock worth $28,826,000 after acquiring an additional 99,723 shares during the period. Jackson Square Partners LLC acquired a new position in shares of Shift4 Payments in the third quarter worth $5,735,000. Finally, Nordea Investment Management AB boosted its stake in shares of Shift4 Payments by 56.4% during the 3rd quarter. Nordea Investment Management AB now owns 92,832 shares of the company’s stock valued at $7,057,000 after buying an additional 33,472 shares during the period. 98.87% of the stock is owned by institutional investors and hedge funds.

Wall Street Analyst Weigh In

A number of research analysts have recently issued reports on the company. Raymond James Financial reaffirmed a “strong-buy” rating and set a $67.00 price objective on shares of Shift4 Payments in a research note on Thursday, February 26th. Mizuho reduced their price objective on shares of Shift4 Payments from $102.00 to $90.00 and set an “outperform” rating for the company in a research note on Monday, December 22nd. Benchmark cut their price target on shares of Shift4 Payments from $100.00 to $67.00 and set a “buy” rating for the company in a report on Monday, March 2nd. Royal Bank Of Canada reaffirmed an “outperform” rating and set a $73.00 price target on shares of Shift4 Payments in a report on Thursday, February 26th. Finally, The Goldman Sachs Group reduced their target price on shares of Shift4 Payments from $81.00 to $56.00 and set a “neutral” rating on the stock in a research note on Monday, March 2nd. One investment analyst has rated the stock with a Strong Buy rating, twelve have assigned a Buy rating and nine have issued a Hold rating to the company’s stock. According to data from MarketBeat.com, the stock currently has an average rating of “Moderate Buy” and a consensus target price of $79.89.

Shift4 Payments Trading Down 7.1%

Shares of Shift4 Payments stock opened at $43.88 on Friday. The company has a debt-to-equity ratio of 4.66, a current ratio of 1.66 and a quick ratio of 1.66. The company has a 50 day simple moving average of $58.01 and a two-hundred day simple moving average of $69.09. Shift4 Payments, Inc. has a 1 year low of $43.32 and a 1 year high of $108.50. The firm has a market cap of $3.89 billion, a PE ratio of 41.79, a PEG ratio of 0.36 and a beta of 1.65.

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

Insiders Place Their Bets

In related news, major shareholder Jared Isaacman purchased 159,244 shares of Shift4 Payments stock in a transaction dated Friday, February 27th. The stock was bought at an average cost of $44.15 per share, for a total transaction of $7,030,622.60. Following the completion of the transaction, the insider owned 1,321,207 shares in the company, valued at $58,331,289.05. This trade represents a 13.70% increase in their ownership of the stock. The acquisition was disclosed in a legal filing with the Securities & Exchange Commission, which is accessible through this link. Over the last quarter, insiders have bought 385,757 shares of company stock valued at $17,666,153. 25.15% of the stock is owned by corporate insiders.

Shift4 Payments 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.