Hsbc Holdings PLC Boosts Holdings in Global Payments Inc. $GPN

Hsbc Holdings PLC increased its holdings in Global Payments Inc. (NYSE:GPN) by 39.5% in the fourth quarter, according to its most recent 13F filing with the SEC. The institutional investor owned 1,428,962 shares of the business services provider’s stock after purchasing an additional 404,918 shares during the period. Hsbc Holdings PLC owned approximately 0.51% of Global Payments worth $110,772,000 as of its most recent SEC filing.

Several other institutional investors and hedge funds also recently made changes to their positions in GPN. Strive Financial Group LLC bought a new stake in Global Payments in the fourth quarter worth $25,000. DV Equities LLC bought a new position in shares of Global Payments during the fourth quarter valued at about $26,000. True Wealth Design LLC grew its stake in shares of Global Payments by 183.6% during the fourth quarter. True Wealth Design LLC now owns 431 shares of the business services provider’s stock valued at $33,000 after buying an additional 279 shares during the last quarter. Torren Management LLC bought a new stake in shares of Global Payments in the 4th quarter valued at about $34,000. Finally, Johnson Financial Group Inc. bought a new stake in shares of Global Payments in the 3rd quarter valued at about $35,000. Institutional investors own 89.76% of the company’s stock.

Global Payments Trading Up 0.2%

GPN opened at $67.03 on Monday. Global Payments Inc. has a one year low of $61.16 and a one year high of $90.64. The company has a debt-to-equity ratio of 0.86, a current ratio of 0.79 and a quick ratio of 0.79. The business has a 50 day simple moving average of $69.30 and a two-hundred day simple moving average of $72.79. The firm has a market capitalization of $18.34 billion, a price-to-earnings ratio of -32.86, a PEG ratio of 0.38 and a beta of 0.76.

Global Payments (NYSE:GPN) last issued its quarterly earnings data on Wednesday, May 6th. The business services provider reported $2.96 earnings per share for the quarter, topping analysts’ consensus estimates of $2.82 by $0.14. Global Payments had a positive return on equity of 13.11% and a negative net margin of 7.99%.The firm had revenue of $2.86 billion for the quarter, compared to analyst estimates of $2.81 billion. During the same period last year, the company earned $2.82 EPS. The business’s quarterly revenue was up 63.1% compared to the same quarter last year. Global Payments has set its FY 2026 guidance at 13.800-14.000 EPS. Analysts predict that Global Payments Inc. will post 13.88 EPS for the current year.

Global Payments Announces Dividend

The business also recently declared a quarterly dividend, which will be paid on Friday, June 26th. Investors of record on Friday, June 12th will be issued a $0.25 dividend. The ex-dividend date is Friday, June 12th. This represents a $1.00 annualized dividend and a yield of 1.5%. Global Payments’s payout ratio is -49.02%.

Analyst Ratings Changes

Several equities analysts recently issued reports on GPN shares. Mizuho reduced their price target on Global Payments from $125.00 to $110.00 and set an “outperform” rating on the stock in a research report on Thursday, March 26th. Zacks Research lowered Global Payments from a “strong-buy” rating to a “hold” rating in a research note on Friday, May 1st. Cantor Fitzgerald cut their target price on shares of Global Payments from $88.00 to $76.00 and set a “neutral” rating on the stock in a report on Monday, May 11th. The Goldman Sachs Group initiated coverage on shares of Global Payments in a research note on Monday, March 9th. They issued a “hold” rating and a $88.00 target price on the stock. Finally, Royal Bank Of Canada lowered their price target on shares of Global Payments from $97.00 to $82.00 and set a “sector perform” rating for the company in a report on Wednesday, April 8th. Five analysts have rated the stock with a Buy rating, seventeen have issued a Hold rating and three have issued a Sell rating to the company. According to MarketBeat, the company currently has an average rating of “Hold” and an average target price of $84.73.

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.