Representative Gilbert Ray Cisneros, Jr. (Democratic-California) recently bought shares of Global Payments Inc. (NYSE:GPN). In a filing disclosed on May 08th, the Representative disclosed that they had bought between $1,001 and $15,000 in Global Payments stock on April 14th. The trade occurred in the Representative’s “150 MAIN STREET TRUST > BANK OF AMERICA” account.
Representative Gilbert Ray Cisneros, Jr. also recently made the following trade(s):
- Purchased $1,001 – $15,000 in shares of Revvity (NYSE:RVTY) on 5/1/2026.
- Sold $1,001 – $15,000 in shares of Flex (NASDAQ:FLEX) on 5/1/2026.
- Purchased $1,001 – $15,000 in shares of LPL Financial (NASDAQ:LPLA) on 5/1/2026.
- Purchased $1,001 – $15,000 in shares of FirstService (NASDAQ:FSV) on 5/1/2026.
- Sold $1,001 – $15,000 in shares of SS&C Technologies (NASDAQ:SSNC) on 5/1/2026.
- Purchased $1,001 – $15,000 in shares of Wayfair (NYSE:W) on 5/1/2026.
- Purchased $1,001 – $15,000 in shares of STERIS (NYSE:STE) on 5/1/2026.
- Purchased $1,001 – $15,000 in shares of DoorDash (NASDAQ:DASH) on 5/1/2026.
- Purchased $1,001 – $15,000 in shares of Sensata Technologies (NYSE:ST) on 5/1/2026.
- Purchased $1,001 – $15,000 in shares of Veralto (NYSE:VLTO) on 5/1/2026.
Global Payments Trading Up 0.3%
NYSE GPN traded up $0.17 during trading hours on Tuesday, reaching $68.94. The company had a trading volume of 927,881 shares, compared to its average volume of 3,589,495. The stock has a market capitalization of $18.98 billion, a P/E ratio of -33.80, a price-to-earnings-growth ratio of 0.39 and a beta of 0.75. The company has a current ratio of 0.79, a quick ratio of 1.69 and a debt-to-equity ratio of 0.86. The stock has a 50-day moving average of $69.99 and a 200 day moving average of $74.50. Global Payments Inc. has a 1-year low of $62.45 and a 1-year high of $90.64.
Global Payments Announces Dividend
The firm also recently disclosed a quarterly dividend, which will be paid on Friday, June 26th. Investors of record on Friday, June 12th will be given a $0.25 dividend. This represents a $1.00 annualized dividend and a yield of 1.5%. The ex-dividend date is Friday, June 12th. Global Payments’s dividend payout ratio is presently -49.02%.
Institutional Inflows and Outflows
Several hedge funds have recently added to or reduced their stakes in the company. Brighton Jones LLC purchased a new stake in shares of Global Payments during the fourth quarter worth about $725,000. Caxton Associates LLP acquired a new position in Global Payments in the 1st quarter worth about $243,000. Intech Investment Management LLC grew its holdings in shares of Global Payments by 43.5% during the first quarter. Intech Investment Management LLC now owns 14,462 shares of the business services provider’s stock worth $1,416,000 after purchasing an additional 4,386 shares during the last quarter. Daiwa Securities Group Inc. grew its holdings in Global Payments by 7.3% in the 2nd quarter. Daiwa Securities Group Inc. now owns 41,577 shares of the business services provider’s stock valued at $3,327,000 after buying an additional 2,840 shares in the last quarter. Finally, AXA S.A. raised its position in Global Payments by 236.6% in the second quarter. AXA S.A. now owns 28,622 shares of the business services provider’s stock valued at $2,291,000 after purchasing an additional 20,119 shares during the last quarter. 89.76% of the stock is owned by institutional investors and hedge funds.
Trending Headlines about Global Payments
Here are the key news stories impacting Global Payments this week:
- Negative Sentiment: Deutsche Bank lowered its price target on Global Payments to $75 from $80, signaling more limited upside than before. Deutsche Bank adjusts price target on Global Payments to 75 from 80
- Negative Sentiment: Rothschild & Co Redburn cut its target to $60 from $70 and kept a sell rating, reinforcing bearish sentiment around the stock. Rothschild & Co Redburn adjusts price target on Global Payments to 60 from 70
- Negative Sentiment: Cantor Fitzgerald also reduced its target to $76 from $88, suggesting analysts are trimming expectations across the board. Cantor Fitzgerald lowers price target on Global Payments
- Neutral Sentiment: UBS remained at hold, and Stephens also maintained a hold view, indicating no strong near-term conviction either way.
- Neutral Sentiment: Articles highlighted Global Payments as a possible momentum stock and noted interest from investors such as Larry Robbins, but these were more constructive themes than direct catalysts. Why Global Payments is a Top Momentum Stock for the Long-Term
- Neutral Sentiment: One commentary discussed broader digital commerce trends that could support payment stocks over time, but it did not provide company-specific news.
Analysts Set New Price Targets
Several brokerages have recently commented on GPN. Citigroup reduced their price target on shares of Global Payments from $110.00 to $90.00 and set a “buy” rating on the stock in a research report on Thursday, April 2nd. Mizuho decreased their price target on Global Payments from $125.00 to $110.00 and set an “outperform” rating on the stock in a research note on Thursday, March 26th. JPMorgan Chase & Co. reduced their price objective on shares of Global Payments from $95.00 to $90.00 and set a “neutral” rating on the stock in a research note on Thursday, February 12th. BNP Paribas Exane lowered their price target on shares of Global Payments from $64.00 to $60.00 and set an “underperform” rating on the stock in a research report on Friday, April 10th. Finally, Keefe, Bruyette & Woods reduced their target price on shares of Global Payments from $90.00 to $76.00 and set a “market perform” rating for the company in a report on Tuesday, April 7th. Four investment analysts have rated the stock with a Buy rating, seventeen have assigned a Hold rating and two have assigned a Sell rating to the stock. According to MarketBeat, the company currently has a consensus rating of “Hold” and an average price target of $84.52.
Get Our Latest Stock Analysis on GPN
About Representative Cisneros
Gil Cisneros (Democratic Party) is a member of the U.S. House, representing California’s 31st Congressional District. He assumed office on January 3, 2025. His current term ends on January 3, 2027.
Cisneros (Democratic Party) is running for re-election to the U.S. House to represent California’s 31st Congressional District. He declared candidacy for the 2026 election.
Gil Cisneros served in the U.S. Navy as a supply officer from 1994 to 2004. Cisneros earned a bachelor’s degree in political science from George Washington University in 1994, a master’s in business administration from Regis University in 2002, and a master’s degree in urban education policy from Brown University in 2015. His career experience includes working as a logistics manager for Frito-Lay. In 2010, Cisneros won the lottery and became involved in activism and philanthropy, founding a scholarship program for local high school students. In 2021, President Joe Biden (D) appointed Cisneros as under secretary of defense for personnel and readiness.
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.
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