Corient Private Wealth LLC Sells 15,192 Shares of Shift4 Payments, Inc. $FOUR

Corient Private Wealth LLC decreased its position in Shift4 Payments, Inc. (NYSE:FOUR) by 14.5% during the fourth quarter, according to its most recent disclosure with the Securities and Exchange Commission. The firm owned 89,235 shares of the company’s stock after selling 15,192 shares during the quarter. Corient Private Wealth LLC owned approximately 0.10% of Shift4 Payments worth $5,605,000 at the end of the most recent quarter.

Other institutional investors also recently modified their holdings of the company. Advisors Asset Management Inc. lifted its holdings in Shift4 Payments by 100.0% in the 1st quarter. Advisors Asset Management Inc. now owns 434 shares of the company’s stock worth $35,000 after buying an additional 217 shares during the period. Vestcor Inc bought a new position in Shift4 Payments in the 3rd quarter worth $45,000. Johnson Financial Group Inc. lifted its position in shares of Shift4 Payments by 282.2% in the 3rd quarter. Johnson Financial Group Inc. now owns 646 shares of the company’s stock worth $50,000 after purchasing an additional 477 shares during the period. Empowered Funds LLC purchased a new stake in shares of Shift4 Payments in the 4th quarter worth about $43,000. Finally, Summer Road LLC bought a new stake in shares of Shift4 Payments during the 4th quarter valued at about $47,000. 98.87% of the stock is currently owned by hedge funds and other institutional investors.

Shift4 Payments Price Performance

Shares of NYSE FOUR opened at $43.59 on Friday. Shift4 Payments, Inc. has a fifty-two week low of $34.56 and a fifty-two week high of $108.50. The company has a 50 day simple moving average of $42.81 and a two-hundred day simple moving average of $51.43. The company has a market capitalization of $3.46 billion, a price-to-earnings ratio of 51.89, a P/E/G ratio of 0.48 and a beta of 1.43. The company has a debt-to-equity ratio of 2.55, a quick ratio of 1.22 and a current ratio of 1.22.

Shift4 Payments (NYSE:FOUR) last released its earnings results on Thursday, May 7th. The company reported $0.97 earnings per share (EPS) for the quarter, missing the consensus estimate of $0.99 by ($0.02). The business had revenue of $1.12 billion for the quarter, compared to analysts’ expectations of $1.09 billion. Shift4 Payments had a net margin of 2.63% and a return on equity of 33.55%. Shift4 Payments’s revenue for the quarter was up 49.0% on a year-over-year basis. During the same quarter in the previous year, the business posted $1.07 earnings per share. Shift4 Payments has set its FY 2026 guidance at 5.500-5.700 EPS. Analysts expect that Shift4 Payments, Inc. will post 4.77 EPS for the current fiscal year.

Analyst Upgrades and Downgrades

A number of research firms recently issued reports on FOUR. Zacks Research raised shares of Shift4 Payments from a “strong sell” rating to a “hold” rating in a research note on Monday, June 1st. Wolfe Research downgraded Shift4 Payments from an “outperform” rating to a “peer perform” rating in a report on Wednesday, April 15th. Freedom Capital lowered Shift4 Payments from a “strong-buy” rating to a “hold” rating in a research report on Friday, February 27th. Loop Capital started coverage on Shift4 Payments in a research note on Wednesday. They issued a “hold” rating and a $40.00 target price for the company. Finally, DA Davidson dropped their price target on Shift4 Payments from $82.00 to $74.00 and set a “buy” rating on the stock in a research report on Tuesday, May 12th. Ten analysts have rated the stock with a Buy rating, twelve have given a Hold rating and one has assigned a Sell rating to the company’s stock. According to data from MarketBeat, the company has a consensus rating of “Hold” and an average price target of $68.29.

Insider Transactions at Shift4 Payments

In related news, major shareholder Jared Isaacman acquired 195,500 shares of the stock in a transaction on Monday, May 11th. The stock was acquired at an average price of $41.41 per share, for a total transaction of $8,095,655.00. Following the completion of the purchase, the insider owned 1,594,455 shares of the company’s stock, valued at $66,026,381.55. This represents a 13.97% increase in their ownership of the stock. The transaction was disclosed in a legal filing with the Securities & Exchange Commission, which can be accessed through the SEC website. Insiders own 1.54% of the company’s stock.

Shift4 Payments Company Profile

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.