Public Employees Retirement System of Ohio Acquires New Stake in Shift4 Payments, Inc. $FOUR

Public Employees Retirement System of Ohio acquired a new stake in Shift4 Payments, Inc. (NYSE:FOUR) during the 2nd quarter, according to its most recent Form 13F filing with the Securities and Exchange Commission. The fund acquired 16,384 shares of the company’s stock, valued at approximately $797,000.

Other large investors also recently bought and sold shares of the company. Advisors Asset Management Inc. boosted its holdings in shares of Shift4 Payments by 100.0% in the first quarter. Advisors Asset Management Inc. now owns 434 shares of the company’s stock valued at $35,000 after acquiring an additional 217 shares in the last quarter. Cetera Investment Advisers increased its stake in shares of Shift4 Payments by 18.8% during the second quarter. Cetera Investment Advisers now owns 5,443 shares of the company’s stock worth $539,000 after acquiring an additional 860 shares during the period. Prudential Financial Inc. raised its holdings in Shift4 Payments by 29.6% during the second quarter. Prudential Financial Inc. now owns 5,410 shares of the company’s stock worth $529,000 after purchasing an additional 1,235 shares in the last quarter. Cresset Asset Management LLC purchased a new position in Shift4 Payments during the second quarter worth about $249,000. Finally, Cerity Partners LLC raised its holdings in Shift4 Payments by 4.4% during the second quarter. Cerity Partners LLC now owns 5,317 shares of the company’s stock worth $527,000 after purchasing an additional 225 shares in the last quarter. Hedge funds and other institutional investors own 98.87% of the company’s stock.

Shift4 Payments Price Performance

Shares of NYSE FOUR opened at $41.11 on Thursday. The company has a current ratio of 1.21, a quick ratio of 1.21 and a debt-to-equity ratio of 2.59. The company’s 50-day moving average price is $47.93 and its 200 day moving average price is $45.76. Shift4 Payments, Inc. has a 52 week low of $34.56 and a 52 week high of $88.51. The stock has a market cap of $3.25 billion, a price-to-earnings ratio of 68.52, a PEG ratio of 0.55 and a beta of 1.38.

Shift4 Payments (NYSE:FOUR) last announced its quarterly earnings results on Thursday, August 6th. The company reported $1.32 earnings per share (EPS) for the quarter, beating the consensus estimate of $1.26 by $0.06. The company had revenue of $1.29 billion for the quarter, compared to the consensus estimate of $615.65 million. Shift4 Payments had a net margin of 2.20% and a return on equity of 28.40%. The company’s revenue for the quarter was up 50.9% compared to the same quarter last year. During the same quarter in the prior year, the firm earned $1.10 earnings per share. Shift4 Payments has set its FY 2026 guidance at 5.150-5.350 EPS. As a group, research analysts forecast that Shift4 Payments, Inc. will post 4.33 earnings per share for the current fiscal year.

Wall Street Analyst Weigh In

A number of brokerages have weighed in on FOUR. Raymond James Financial set a $51.00 price objective on Shift4 Payments in a report on Friday, August 7th. BTIG Research reduced their price target on Shift4 Payments from $70.00 to $60.00 and set a “buy” rating for the company in a report on Thursday, August 6th. Loop Capital began coverage on Shift4 Payments in a research note on Wednesday, June 24th. They issued a “hold” rating and a $40.00 price target on the stock. Morgan Stanley set a $46.00 price objective on Shift4 Payments in a report on Friday, August 7th. Finally, BMO Capital Markets set a $46.00 price objective on Shift4 Payments in a research report on Friday, August 7th. Eleven analysts have rated the stock with a Buy rating, eleven have issued a Hold rating and one has issued a Sell rating to the company. According to data from MarketBeat.com, the stock currently has an average rating of “Hold” and a consensus price target of $60.24.

About Shift4 Payments

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.