7G Capital Management LLC Takes Position in Shift4 Payments, Inc. $FOUR

7G Capital Management LLC acquired a new stake in Shift4 Payments, Inc. (NYSE:FOUR) during the 4th quarter, according to its most recent 13F filing with the Securities and Exchange Commission (SEC). The fund acquired 70,000 shares of the company’s stock, valued at approximately $4,408,000. Shift4 Payments makes up 2.7% of 7G Capital Management LLC’s portfolio, making the stock its 8th largest position.

Several other large investors have also made changes to their positions in the business. Wasatch Advisors LP lifted its position in shares of Shift4 Payments by 10.1% in the fourth quarter. Wasatch Advisors LP now owns 6,778,925 shares of the company’s stock valued at $426,869,000 after acquiring an additional 621,797 shares in the last quarter. Durable Capital Partners LP lifted its position in shares of Shift4 Payments by 12.6% in the second quarter. Durable Capital Partners LP now owns 6,665,443 shares of the company’s stock valued at $660,612,000 after acquiring an additional 745,650 shares in the last quarter. Darlington Partners Capital Management LP lifted its position in shares of Shift4 Payments by 2.1% in the third quarter. Darlington Partners Capital Management LP now owns 5,071,725 shares of the company’s stock valued at $392,552,000 after acquiring an additional 105,320 shares in the last quarter. Ensign Peak Advisors Inc lifted its position in shares of Shift4 Payments by 7.7% in the fourth quarter. Ensign Peak Advisors Inc now owns 2,643,829 shares of the company’s stock valued at $166,482,000 after acquiring an additional 188,594 shares in the last quarter. Finally, Marshall Wace LLP lifted its position in shares of Shift4 Payments by 97.2% in the fourth quarter. Marshall Wace LLP now owns 1,655,485 shares of the company’s stock valued at $104,246,000 after acquiring an additional 816,155 shares in the last quarter. 98.87% of the stock is currently owned by hedge funds and other institutional investors.

Insider Transactions at Shift4 Payments

In related news, major shareholder Jared Isaacman acquired 193,000 shares of the firm’s stock in a transaction on Tuesday, May 12th. The shares were acquired at an average cost of $40.66 per share, for a total transaction of $7,847,380.00. Following the completion of the transaction, the insider directly owned 1,787,455 shares in the company, valued at approximately $72,677,920.30. This trade represents a 12.10% increase in their position. The transaction was disclosed in a legal filing with the Securities & Exchange Commission, which is available at this hyperlink. 1.54% of the stock is currently owned by company insiders.

Shift4 Payments Price Performance

NYSE:FOUR opened at $39.02 on Thursday. The company has a current ratio of 1.22, a quick ratio of 1.22 and a debt-to-equity ratio of 2.55. The company has a market capitalization of $3.10 billion, a P/E ratio of 46.45, a P/E/G ratio of 0.45 and a beta of 1.43. Shift4 Payments, Inc. has a 12 month low of $34.56 and a 12 month high of $108.50. The business’s 50-day moving average is $43.15 and its 200 day moving average is $52.71.

Shift4 Payments (NYSE:FOUR) last posted its earnings results on Thursday, May 7th. The company reported $0.97 EPS for the quarter, missing analysts’ consensus estimates of $0.99 by ($0.02). Shift4 Payments had a return on equity of 33.55% and a net margin of 2.63%.The firm had revenue of $1.12 billion during the quarter, compared to analysts’ expectations of $1.09 billion. During the same quarter in the prior year, the firm posted $1.07 earnings per share. Shift4 Payments’s quarterly revenue was up 49.0% on a year-over-year basis. Shift4 Payments has set its FY 2026 guidance at 5.500-5.700 EPS. On average, equities research analysts forecast that Shift4 Payments, Inc. will post 4.75 earnings per share for the current fiscal year.

Wall Street Analysts Forecast Growth

Several equities analysts have recently commented on the company. Weiss Ratings restated a “sell (d+)” rating on shares of Shift4 Payments in a research report on Thursday, June 11th. Evercore set a $45.00 price objective on Shift4 Payments in a research report on Monday, May 18th. Wells Fargo & Company lowered their price objective on Shift4 Payments from $77.00 to $55.00 and set an “equal weight” rating on the stock in a research report on Friday, February 27th. Royal Bank Of Canada decreased their target price on Shift4 Payments from $73.00 to $65.00 and set an “outperform” rating on the stock in a research report on Friday, May 8th. Finally, BTIG Research reiterated a “buy” rating and issued a $70.00 target price on shares of Shift4 Payments in a research report on Thursday, May 7th. Ten equities research analysts have rated the stock with a Buy rating, eleven have given a Hold rating and one has assigned a Sell rating to the company’s stock. Based on data from MarketBeat, Shift4 Payments has a consensus rating of “Hold” and a consensus target price of $70.19.

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.