United Capital Financial Advisors LLC Makes New $693,000 Investment in Global Payments Inc. $GPN

United Capital Financial Advisors LLC purchased a new stake in Global Payments Inc. (NYSE:GPN) during the second quarter, according to the company in its most recent filing with the SEC. The firm purchased 9,546 shares of the business services provider’s stock, valued at approximately $693,000.

Other institutional investors also recently made changes to their positions in the company. Strive Financial Group LLC purchased a new position in shares of Global Payments in the 4th quarter worth $25,000. DV Equities LLC acquired a new position in Global Payments in the fourth quarter valued at $26,000. Western Wealth Management LLC purchased a new stake in Global Payments during the first quarter valued at about $34,000. Johnson Financial Group Inc. purchased a new stake in Global Payments during the third quarter valued at about $35,000. Finally, Hantz Financial Services Inc. increased its stake in 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 acquiring an additional 223 shares during the last quarter. 89.76% of the stock is owned by hedge funds and other institutional investors.

Analysts Set New Price Targets

Several equities analysts have recently weighed in on GPN shares. Susquehanna set a $111.00 price objective on Global Payments and gave the company a “positive” rating in a research note on Wednesday, June 3rd. Royal Bank Of Canada boosted their target price on Global Payments from $96.00 to $102.00 and gave the stock a “sector perform” rating in a report on Wednesday, August 19th. BTIG Research reissued a “neutral” rating on shares of Global Payments in a research report on Tuesday, June 9th. Citigroup reaffirmed a “buy” rating on shares of Global Payments in a research report on Thursday, August 6th. 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 research analysts have rated the stock with a Buy rating, sixteen have given a Hold rating and three have assigned a Sell rating to the company. Based on data from MarketBeat, Global Payments has a consensus rating of “Hold” and a consensus target price of $92.36.

Global Payments Trading Up 0.0%

Shares of GPN opened at $91.86 on Monday. The stock’s 50-day moving average is $82.35 and its two-hundred day moving average is $74.66. The stock has a market cap of $24.31 billion, a PE ratio of -30.83, a P/E/G ratio of 0.53 and a beta of 0.74. Global Payments Inc. has a 12 month low of $61.16 and a 12 month high of $95.88. The company has a debt-to-equity ratio of 0.90, a current ratio of 0.82 and a quick ratio of 0.82.

Global Payments (NYSE:GPN) last posted its earnings results on Wednesday, August 5th. The business services provider reported $3.46 earnings per share (EPS) for the quarter, beating analysts’ consensus estimates of $3.44 by $0.02. Global Payments had a positive return on equity of 13.80% and a negative net margin of 9.16%.The business had revenue of $3.16 billion during the quarter, compared to analyst estimates of $3.16 billion. During the same quarter last year, the firm earned $3.10 earnings per share. The company’s revenue for the quarter was up 68.6% compared to the same quarter last year. Global Payments has set its FY 2026 guidance at 13.600-13.800 EPS. Equities analysts forecast that Global Payments Inc. will post 13.66 earnings per share for the current fiscal year.

Global Payments Announces Dividend

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

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.