Clearbridge Investments LLC Has $12.73 Million Stock Position in Euronet Worldwide, Inc. $EEFT

Clearbridge Investments LLC raised its holdings in Euronet Worldwide, Inc. (NASDAQ:EEFT) by 31.3% during the fourth quarter, according to its most recent filing with the Securities & Exchange Commission. The fund owned 167,291 shares of the business services provider’s stock after buying an additional 39,884 shares during the quarter. Clearbridge Investments LLC owned 0.40% of Euronet Worldwide worth $12,733,000 at the end of the most recent quarter.

Other hedge funds and other institutional investors have also recently added to or reduced their stakes in the company. Johnson Financial Group Inc. acquired a new stake in Euronet Worldwide in the 3rd quarter valued at approximately $26,000. Danske Bank A S acquired a new stake in Euronet Worldwide in the 3rd quarter valued at approximately $26,000. Geneos Wealth Management Inc. grew its holdings in Euronet Worldwide by 48.4% in the 1st quarter. Geneos Wealth Management Inc. now owns 334 shares of the business services provider’s stock valued at $36,000 after buying an additional 109 shares during the last quarter. Abich Financial Wealth Management LLC acquired a new stake in Euronet Worldwide in the 3rd quarter valued at approximately $37,000. Finally, 1620 Investment Advisors Inc. grew its holdings in Euronet Worldwide by 123.1% in the 4th quarter. 1620 Investment Advisors Inc. now owns 589 shares of the business services provider’s stock valued at $45,000 after buying an additional 325 shares during the last quarter. Institutional investors and hedge funds own 91.60% of the company’s stock.

Euronet Worldwide Price Performance

Euronet Worldwide stock opened at $64.01 on Thursday. The company has a debt-to-equity ratio of 1.29, a current ratio of 1.28 and a quick ratio of 1.28. The company has a market capitalization of $2.44 billion, a PE ratio of 9.24, a price-to-earnings-growth ratio of 0.51 and a beta of 0.82. Euronet Worldwide, Inc. has a one year low of $63.73 and a one year high of $114.25. The business has a 50 day simple moving average of $69.94 and a 200 day simple moving average of $71.90.

Euronet Worldwide (NASDAQ:EEFT) last posted its earnings results on Wednesday, April 29th. The business services provider reported $1.58 EPS for the quarter, topping the consensus estimate of $1.42 by $0.16. The business had revenue of $1.01 billion during the quarter, compared to the consensus estimate of $969.68 million. Euronet Worldwide had a return on equity of 28.37% and a net margin of 7.15%.Euronet Worldwide’s revenue was up 10.5% on a year-over-year basis. During the same quarter last year, the company earned $1.13 EPS. Euronet Worldwide has set its FY 2026 guidance at 10.570-11.050 EPS. On average, sell-side analysts forecast that Euronet Worldwide, Inc. will post 9.83 EPS for the current fiscal year.

Insider Transactions at Euronet Worldwide

In other Euronet Worldwide news, Director Thomas A. Mcdonnell acquired 3,000 shares of the business’s stock in a transaction on Tuesday, May 26th. The stock was purchased at an average price of $66.87 per share, for a total transaction of $200,610.00. Following the transaction, the director owned 100,219 shares in the company, valued at $6,701,644.53. This trade represents a 3.09% increase in their position. The transaction was disclosed in a legal filing with the Securities & Exchange Commission, which is available through the SEC website. Insiders own 12.19% of the company’s stock.

Wall Street Analysts Forecast Growth

A number of analysts have issued reports on EEFT shares. Keefe, Bruyette & Woods lowered their target price on Euronet Worldwide from $85.00 to $75.00 and set a “market perform” rating on the stock in a report on Friday, February 13th. Needham & Company LLC reaffirmed a “buy” rating and issued a $85.00 target price on shares of Euronet Worldwide in a report on Friday, May 22nd. Weiss Ratings lowered Euronet Worldwide from a “hold (c-)” rating to a “sell (d+)” rating in a report on Thursday, April 2nd. Finally, DA Davidson lowered their target price on Euronet Worldwide from $112.00 to $102.00 and set a “buy” rating on the stock in a report on Tuesday, April 14th. Three research analysts have rated the stock with a Buy rating, two have issued a Hold rating and two have given a Sell rating to the company’s stock. According to MarketBeat, the stock presently has an average rating of “Hold” and a consensus target price of $95.00.

About Euronet Worldwide

Euronet Worldwide, Inc is a global financial technology company specializing in electronic payment services and transaction processing. Through its three primary business segments—Electronic Funds Transfer (EFT) Network Services, epay® Prepaid and Payment Services, and Money Transfer—Euronet provides end-to-end solutions that enable secure, efficient and convenient payments for consumers, financial institutions and retailers worldwide.

In its EFT Network Services arm, Euronet operates one of the world’s largest ATM and point-of-sale (POS) terminal networks, offering deployment, management and connectivity services.