Handelsbanken Fonder AB Has $6.88 Million Stock Position in Global Payments Inc. $GPN

Handelsbanken Fonder AB grew its position in Global Payments Inc. (NYSE:GPN) by 71.8% in the 4th quarter, according to its most recent filing with the Securities & Exchange Commission. The firm owned 88,820 shares of the business services provider’s stock after buying an additional 37,135 shares during the period. Handelsbanken Fonder AB’s holdings in Global Payments were worth $6,875,000 at the end of the most recent quarter.

Several other institutional investors and hedge funds also recently made changes to their positions in the company. McKinley Carter Wealth Services Inc. grew its holdings in shares of Global Payments by 842.6% in the 4th quarter. McKinley Carter Wealth Services Inc. now owns 3,808 shares of the business services provider’s stock valued at $295,000 after buying an additional 3,404 shares during the period. ProShare Advisors LLC grew its holdings in shares of Global Payments by 24.6% in the 4th quarter. ProShare Advisors LLC now owns 61,565 shares of the business services provider’s stock valued at $4,765,000 after buying an additional 12,147 shares during the period. North Dakota State Investment Board acquired a new position in shares of Global Payments in the 4th quarter valued at $844,000. iA Global Asset Management Inc. grew its holdings in shares of Global Payments by 5.4% in the 4th quarter. iA Global Asset Management Inc. now owns 32,680 shares of the business services provider’s stock valued at $2,529,000 after buying an additional 1,676 shares during the period. Finally, Canada Post Corp Registered Pension Plan grew its holdings in shares of Global Payments by 27.3% in the 4th quarter. Canada Post Corp Registered Pension Plan now owns 6,013 shares of the business services provider’s stock valued at $465,000 after buying an additional 1,290 shares during the period. Institutional investors and hedge funds own 89.76% of the company’s stock.

More Global Payments News

Here are the key news stories impacting Global Payments this week:

• Negative Sentiment: Zacks Research trimmed its Q2 2026 EPS estimate to $3.49 from $3.55 and its Q3 2026 estimate to $3.66 from $3.69, which may pressure sentiment around near-term earnings. Global Payments estimate update
• Negative Sentiment: The firm also cut its Q1 2027 EPS forecast to $3.40 from $3.47 and lowered FY2028 earnings expectations to $19.00 from $19.26, adding to a cautious near-term view. Global Payments estimate update
• Neutral Sentiment: Zacks Research reiterated a Hold rating, signaling limited conviction despite the recent estimate changes. Global Payments analyst note
• Positive Sentiment: Some longer-dated forecasts improved, including FY2027 EPS to $16.43 from $16.24, Q3 2027 EPS to $4.37 from $4.30, Q4 2027 EPS to $4.51 from $4.32, and Q4 2026 EPS to $3.74 from $3.72, suggesting better earnings power later in the cycle. Global Payments estimate update
• Neutral Sentiment: A separate article highlighted broader S&P 500 payment-trend themes that could support the stock, but it did not present a direct company-specific catalyst. Payment trends article

Global Payments Trading Up 0.9%

Shares of NYSE:GPN opened at $73.27 on Friday. The company’s 50-day moving average price is $68.76 and its two-hundred day moving average price is $73.67. The company has a debt-to-equity ratio of 0.86, a current ratio of 0.79 and a quick ratio of 0.79. Global Payments Inc. has a one year low of $62.45 and a one year high of $90.64. The stock has a market capitalization of $20.04 billion, a PE ratio of -35.92, a price-to-earnings-growth ratio of 0.41 and a beta of 0.75.

Global Payments (NYSE:GPN) last issued its quarterly earnings results on Wednesday, May 6th. The business services provider reported $2.96 EPS for the quarter, topping the consensus estimate of $2.82 by $0.14. Global Payments had a negative net margin of 7.99% and a positive return on equity of 13.11%. The firm had revenue of $2.86 billion for the quarter, compared to analysts’ expectations of $2.81 billion. During the same period in the previous year, the firm posted $2.82 EPS. The company’s revenue for the quarter was up 63.1% on a year-over-year basis. Global Payments has set its FY 2026 guidance at 13.800-14.000 EPS. On average, equities analysts forecast that Global Payments Inc. will post 13.89 EPS for the current fiscal year.

Global Payments Dividend Announcement

The firm also recently declared a quarterly dividend, which will be paid on Friday, June 26th. Shareholders of record on Friday, June 12th will be given a dividend of $0.25 per share. The ex-dividend date of this dividend is Friday, June 12th. This represents a $1.00 annualized dividend and a yield of 1.4%. Global Payments’s payout ratio is -49.02%.

Analyst Upgrades and Downgrades

GPN has been the subject of several research analyst reports. Weiss Ratings lowered shares of Global Payments from a “hold (c-)” rating to a “sell (d)” rating in a report on Monday, May 11th. Truist Financial decreased their price target on shares of Global Payments from $81.00 to $76.00 and set a “hold” rating for the company in a report on Tuesday. Raymond James Financial lowered shares of Global Payments from an “outperform” rating to a “market perform” rating in a research note on Thursday, March 26th. Deutsche Bank Aktiengesellschaft reduced their target price on shares of Global Payments from $80.00 to $75.00 in a research note on Monday, May 11th. Finally, TD Cowen reduced their target price on shares of Global Payments from $91.00 to $86.00 and set a “hold” rating for the company in a research note on Tuesday, April 7th. Four 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’s stock. According to data from MarketBeat.com, the company currently has a consensus rating of “Hold” and an average target price of $84.29.

About Global Payments

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.