Pzena Investment Management LLC Boosts Holdings in Global Payments Inc. $GPN

Pzena Investment Management LLC increased its holdings in Global Payments Inc. (NYSE:GPN) by 4.6% during the fourth quarter, Holdings Channel reports. The firm owned 11,409,697 shares of the business services provider’s stock after acquiring an additional 500,887 shares during the quarter. Global Payments makes up 2.7% of Pzena Investment Management LLC’s portfolio, making the stock its 16th biggest holding. Pzena Investment Management LLC’s holdings in Global Payments were worth $883,111,000 at the end of the most recent reporting period.

A number of other large investors also recently added to or reduced their stakes in the business. Meiji Yasuda Asset Management Co Ltd. purchased a new position in Global Payments in the 4th quarter worth approximately $236,000. Signature Estate & Investment Advisors LLC bought a new stake in Global Payments in the 4th quarter worth approximately $237,000. Global Retirement Partners LLC increased its stake in Global Payments by 512.7% in the 4th quarter. Global Retirement Partners LLC now owns 2,659 shares of the business services provider’s stock worth $206,000 after acquiring an additional 2,225 shares during the last quarter. Twin Capital Management Inc. increased its stake in Global Payments by 110.4% in the 4th quarter. Twin Capital Management Inc. now owns 14,938 shares of the business services provider’s stock worth $1,156,000 after acquiring an additional 7,837 shares during the last quarter. Finally, Algebris UK Ltd. increased its stake in Global Payments by 33.9% in the 4th quarter. Algebris UK Ltd. now owns 284,945 shares of the business services provider’s stock worth $22,065,000 after acquiring an additional 72,083 shares during the last quarter. 89.76% of the stock is owned by hedge funds and other institutional investors.

Wall Street Analyst Weigh In

A number of analysts have issued reports on the company. Zacks Research downgraded Global Payments from a “strong-buy” rating to a “hold” rating in a research note on Friday, May 1st. Truist Financial reduced their price objective on Global Payments from $81.00 to $76.00 and set a “hold” rating on the stock in a research note on Tuesday. Raymond James Financial downgraded Global Payments from an “outperform” rating to a “market perform” rating in a research note on Thursday, March 26th. TD Cowen reduced their price objective on Global Payments from $91.00 to $86.00 and set a “hold” rating on the stock in a research note on Tuesday, April 7th. Finally, Keefe, Bruyette & Woods reduced their price objective on Global Payments from $90.00 to $76.00 and set a “market perform” rating on the stock in a research note on Tuesday, April 7th. Four equities research analysts have rated the stock with a Buy rating, sixteen have assigned a Hold rating and three have assigned a Sell rating to the stock. According to data from MarketBeat.com, the stock currently has a consensus rating of “Hold” and an average target price of $84.29.

Global Payments Stock Performance

NYSE GPN opened at $72.73 on Friday. The company has a market cap of $19.89 billion, a P/E ratio of -35.65, a P/E/G ratio of 0.40 and a beta of 0.75. The company has a debt-to-equity ratio of 0.86, a quick ratio of 0.79 and a current ratio of 0.79. The business’s 50 day moving average price is $68.75 and its 200-day moving average price is $73.67. Global Payments Inc. has a fifty-two week low of $62.45 and a fifty-two week high of $90.64.

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

Global Payments Dividend Announcement

The business also recently announced a quarterly dividend, which will be paid on Friday, June 26th. Stockholders 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 dividend yield of 1.4%. Global Payments’s payout ratio is currently -49.02%.

Global Payments News Summary

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

• Positive Sentiment: Zacks Research lifted its earnings estimates for FY2027, Q3 2027, and Q4 2027, suggesting analysts see stronger profit potential over the next couple of years. Global Payments analyst estimate updates
• Positive Sentiment: The company recently beat quarterly expectations, with revenue and EPS topping consensus, which may be supporting investor confidence in Global Payments’ operating momentum.
• Neutral Sentiment: Global Payments presented at J.P. Morgan’s annual technology, media and communications conference, which likely kept the stock in focus but did not include a clear new catalyst.
• Neutral Sentiment: Broader analyst coverage still points to an average “Hold” rating, indicating sentiment remains cautious rather than strongly bullish.
• Negative Sentiment: Zacks also trimmed some nearer-term and long-term estimates, including Q1 2027, Q1 2028, and FY2028, which may limit enthusiasm around the stock’s near-term outlook.

Global Payments Company Profile

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.