Global Payments Inc. $GPN Holdings Trimmed by Schaper Benz & Wise Investment Counsel Inc. WI

Schaper Benz & Wise Investment Counsel Inc. WI lessened its holdings in Global Payments Inc. (NYSE:GPN) by 8.0% during the third quarter, according to its most recent 13F filing with the Securities & Exchange Commission. The fund owned 73,025 shares of the business services provider’s stock after selling 6,315 shares during the period. Schaper Benz & Wise Investment Counsel Inc. WI’s holdings in Global Payments were worth $5,964,000 at the end of the most recent reporting period.

Several other institutional investors also recently added to or reduced their stakes in the stock. Gtcr LLC purchased a new stake in shares of Global Payments during the 1st quarter worth approximately $2,911,939,000. Pzena Investment Management LLC purchased a new stake in Global Payments during the 2nd quarter worth about $848,344,000. Dimensional Fund Advisors LP boosted its position in shares of Global Payments by 1.1% in the first quarter. Dimensional Fund Advisors LP now owns 2,117,172 shares of the business services provider’s stock valued at $142,478,000 after acquiring an additional 23,293 shares during the period. Deutsche Bank AG bought a new position in Global Payments in the 2nd quarter valued at $138,781,000. Finally, Legal & General Group Plc bought a new stake in Global Payments during the second quarter valued at $120,036,000. Institutional investors own 89.76% of the company’s stock.

Global Payments Trading Down 0.7%

Shares of NYSE GPN opened at $82.20 on Friday. The firm’s 50 day moving average price is $87.88 and its 200-day moving average price is $77.19. The company has a market cap of $21.75 billion, a PE ratio of -27.59, a P/E/G ratio of 0.45 and a beta of 0.80. Global Payments Inc. has a 52-week low of $61.16 and a 52-week high of $95.88. The company has a debt-to-equity ratio of 0.90, a quick ratio of 0.82 and a current ratio of 0.82.

Global Payments (NYSE:GPN) last announced its quarterly earnings results on Wednesday, August 5th. The business services provider reported $3.46 earnings per share for the quarter, beating the consensus estimate of $3.44 by $0.02. Global Payments had a negative net margin of 9.16% and a positive return on equity of 13.80%. The company had revenue of $3.16 billion during the quarter, compared to the consensus estimate of $3.16 billion. During the same quarter last year, the firm earned $3.10 earnings per share. The firm’s quarterly revenue 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. On average, equities research analysts expect that Global Payments Inc. will post 13.64 EPS for the current fiscal year.

Global Payments Dividend Announcement

The firm also recently announced a quarterly dividend, which was paid on Friday, September 25th. Shareholders of record on Friday, September 11th were issued a $0.25 dividend. The ex-dividend date of this dividend was Friday, September 11th. This represents a $1.00 dividend on an annualized basis and a dividend yield of 1.2%. Global Payments’s dividend payout ratio (DPR) is presently -33.56%.

Wall Street Analyst Weigh In

GPN has been the subject of several recent analyst reports. BMO Capital Markets reissued a “market perform” rating and set a $83.00 price objective on shares of Global Payments in a report on Thursday, August 6th. Jefferies Financial Group upgraded shares of Global Payments from a “hold” rating to a “buy” rating in a report on Thursday, August 6th. Keefe, Bruyette & Woods boosted their price objective on Global Payments from $76.00 to $95.00 and gave the company a “market perform” rating in a research report on Thursday, August 6th. Wolfe Research reaffirmed an “outperform” rating and set a $125.00 price objective (up from $110.00) on shares of Global Payments in a research note on Tuesday, August 25th. Finally, Barclays set a $89.00 price target on shares of Global Payments and gave the company an “equal weight” rating in a report on Thursday, August 6th. Eleven equities research analysts have rated the stock with a Buy rating, seventeen have given a Hold rating and three have issued a Sell rating to the stock. Based on data from MarketBeat, Global Payments has a consensus rating of “Hold” and a consensus target price of $95.21.

Global Payments Profile

Global Payments Inc (NYSE:GPN) is a payments technology and software company that provides payment processing and related services to merchants, financial institutions and other organizations. Its offerings help businesses accept payments through credit cards, debit cards, digital wallets and other channels, both in physical locations and online.

The company provides point-of-sale systems, payment processing, commerce software, fraud prevention, analytics and other business-management tools.