Blackhawk Capital Partners LLC purchased a new position in shares of Shift4 Payments, Inc. (NYSE:FOUR – Free Report) during the fourth quarter, according to its most recent 13F filing with the Securities and Exchange Commission. The fund purchased 14,201 shares of the company’s stock, valued at approximately $894,000.
A number of other hedge funds and other institutional investors also recently made changes to their positions in the stock. F m Investments LLC bought a new stake in shares of Shift4 Payments during the 4th quarter worth about $280,000. RD Finance Ltd bought a new stake in shares of Shift4 Payments during the 4th quarter worth about $800,000. Maxi Investments CY Ltd raised its position in shares of Shift4 Payments by 19.1% during the 4th quarter. Maxi Investments CY Ltd now owns 92,404 shares of the company’s stock worth $5,819,000 after buying an additional 14,819 shares in the last quarter. International Assets Investment Management LLC bought a new stake in shares of Shift4 Payments during the 4th quarter worth about $236,000. Finally, SBI Securities Co. Ltd. raised its position in shares of Shift4 Payments by 12.4% during the 4th quarter. SBI Securities Co. Ltd. now owns 3,245 shares of the company’s stock worth $204,000 after buying an additional 358 shares in the last quarter. 98.87% of the stock is currently owned by institutional investors.
Insider Activity at Shift4 Payments
In other Shift4 Payments news, major shareholder Jared Isaacman bought 43,827 shares of the company’s stock in a transaction that occurred on Tuesday, March 10th. The shares were acquired at an average cost of $45.75 per share, for a total transaction of $2,005,085.25. Following the acquisition, the insider directly owned 1,410,727 shares of the company’s stock, valued at $64,540,760.25. This trade represents a 3.21% increase in their ownership of the stock. The purchase was disclosed in a document filed with the SEC, which is available through this link. In the last 90 days, insiders have purchased 385,757 shares of company stock valued at $17,666,153. 25.15% of the stock is owned by insiders.
Shift4 Payments Stock Down 2.6%
Shift4 Payments (NYSE:FOUR – Get Free Report) last released its earnings results on Thursday, May 7th. The company reported $0.97 EPS for the quarter, missing analysts’ consensus estimates of $0.99 by ($0.02). Shift4 Payments had a return on equity of 42.00% and a net margin of 2.63%.The business had revenue of $1.12 billion during the quarter, compared to the consensus estimate of $1.09 billion. During the same quarter in the previous year, the firm earned $1.07 earnings per share. The firm’s revenue for the quarter was up 49.0% compared to the same quarter last year. Shift4 Payments has set its FY 2026 guidance at 5.500-5.700 EPS. Equities research analysts expect that Shift4 Payments, Inc. will post 4.65 earnings per share for the current fiscal year.
Analyst Ratings Changes
A number of analysts have commented on FOUR shares. Truist Financial set a $71.00 price target on shares of Shift4 Payments in a research report on Tuesday, January 20th. BTIG Research restated a “buy” rating and set a $70.00 price target on shares of Shift4 Payments in a research report on Thursday, May 7th. Royal Bank Of Canada dropped their price target on shares of Shift4 Payments from $73.00 to $65.00 and set an “outperform” rating on the stock in a research report on Friday. Evercore set a $50.00 price target on shares of Shift4 Payments in a research report on Tuesday, April 21st. Finally, Raymond James Financial downgraded shares of Shift4 Payments from a “strong-buy” rating to an “outperform” rating and set a $67.00 price target on the stock. in a research report on Thursday, March 26th. Eleven research analysts have rated the stock with a Buy rating, ten have issued a Hold rating and two have assigned a Sell rating to the company. Based on data from MarketBeat, Shift4 Payments has a consensus rating of “Hold” and a consensus target price of $72.00.
Read Our Latest Research Report on FOUR
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.
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