Shift4 Payments, Inc. $FOUR Shares Sold by Harbor Capital Advisors Inc.

Harbor Capital Advisors Inc. decreased its holdings in shares of Shift4 Payments, Inc. (NYSE:FOUR) by 82.5% in the 4th quarter, according to the company in its most recent disclosure with the Securities and Exchange Commission (SEC). The fund owned 9,838 shares of the company’s stock after selling 46,238 shares during the period. Harbor Capital Advisors Inc.’s holdings in Shift4 Payments were worth $619,000 as of its most recent SEC filing.

Other institutional investors and hedge funds also recently modified their holdings of the company. Advisors Asset Management Inc. boosted its holdings in shares of Shift4 Payments by 100.0% in the 1st quarter. Advisors Asset Management Inc. now owns 434 shares of the company’s stock valued at $35,000 after buying an additional 217 shares during the period. Hantz Financial Services Inc. raised its stake in Shift4 Payments by 148.1% during the third quarter. Hantz Financial Services Inc. now owns 526 shares of the company’s stock worth $41,000 after acquiring an additional 314 shares during the period. Vestcor Inc bought a new position in Shift4 Payments in the third quarter worth about $45,000. Johnson Financial Group Inc. boosted its stake in Shift4 Payments by 282.2% in the third quarter. Johnson Financial Group Inc. now owns 646 shares of the company’s stock valued at $50,000 after acquiring an additional 477 shares during the period. Finally, GAMMA Investing LLC grew its holdings in shares of Shift4 Payments by 25.9% during the fourth quarter. GAMMA Investing LLC now owns 860 shares of the company’s stock valued at $54,000 after purchasing an additional 177 shares during the last quarter. 98.87% of the stock is owned by institutional investors and hedge funds.

Insider Transactions at Shift4 Payments

In other news, major shareholder Jared Isaacman purchased 159,244 shares of the stock in a transaction dated Friday, February 27th. The shares were bought at an average cost of $44.15 per share, for a total transaction of $7,030,622.60. Following the transaction, the insider owned 1,321,207 shares in the company, valued at $58,331,289.05. This trade represents a 13.70% increase in their ownership of the stock. The transaction was disclosed in a document filed with the SEC, which is available through this hyperlink. Over the last three months, insiders acquired 385,757 shares of company stock worth $17,666,153. Company insiders own 25.15% of the company’s stock.

Wall Street Analyst Weigh In

FOUR has been the topic of several recent research reports. Freedom Capital downgraded Shift4 Payments from a “strong-buy” rating to a “hold” rating in a report on Friday, February 27th. Benchmark dropped their target price on Shift4 Payments from $100.00 to $67.00 and set a “buy” rating on the stock in a research report on Monday, March 2nd. Raymond James Financial cut Shift4 Payments from a “strong-buy” rating to an “outperform” rating and set a $67.00 target price on the stock. in a research note on Thursday, March 26th. Mizuho reduced their price target on shares of Shift4 Payments from $102.00 to $90.00 and set an “outperform” rating for the company in a report on Monday, December 22nd. Finally, Susquehanna lowered their price target on shares of Shift4 Payments from $115.00 to $101.00 and set a “positive” rating for the company in a research report on Thursday, January 8th. Twelve equities research analysts have rated the stock with a Buy rating, eight have assigned a Hold rating and one has given a Sell rating to the stock. According to MarketBeat.com, the stock has a consensus rating of “Moderate Buy” and an average price target of $78.22.

Shift4 Payments Trading Down 1.4%

Shares of NYSE:FOUR opened at $42.18 on Tuesday. The company has a 50 day moving average of $51.00 and a 200-day moving average of $63.58. The firm has a market cap of $3.43 billion, a P/E ratio of 40.17, a P/E/G ratio of 0.44 and a beta of 1.60. Shift4 Payments, Inc. has a twelve month low of $40.60 and a twelve month high of $108.50. The company has a current ratio of 1.66, a quick ratio of 1.66 and a debt-to-equity ratio of 4.66.

Shift4 Payments (NYSE:FOUR) last posted its quarterly earnings data on Thursday, February 26th. The company reported $1.60 EPS for the quarter, beating analysts’ consensus estimates of $1.56 by $0.04. Shift4 Payments had a net margin of 2.84% and a return on equity of 39.27%. The business had revenue of $610.00 million for the quarter, compared to analyst estimates of $1.20 billion. During the same quarter last year, the business earned $1.35 earnings per share. The business’s revenue for the quarter was up 50.6% on a year-over-year basis. Shift4 Payments has set its FY 2026 guidance at 5.500-5.700 EPS. As a group, analysts anticipate that Shift4 Payments, Inc. will post 3.7 earnings per share for the current fiscal year.

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.