United Super Pty Ltd in its capacity as Trustee for the Construction & Building Unions Superannuation Fund Makes New $11.72 Million Investment in Global Payments Inc. $GPN

United Super Pty Ltd in its capacity as Trustee for the Construction & Building Unions Superannuation Fund acquired a new position in Global Payments Inc. (NYSE:GPN) in the fourth quarter, according to the company in its most recent filing with the Securities & Exchange Commission. The institutional investor acquired 151,370 shares of the business services provider’s stock, valued at approximately $11,716,000.

Several other hedge funds have also recently modified their holdings of the stock. Independent Advisor Alliance raised its holdings in Global Payments by 260.5% in the 3rd quarter. Independent Advisor Alliance now owns 29,446 shares of the business services provider’s stock valued at $2,446,000 after acquiring an additional 21,278 shares during the last quarter. Atlantic Union Bankshares Corp acquired a new stake in Global Payments in the 3rd quarter valued at about $905,000. Moore Capital Management LP raised its holdings in Global Payments by 13.3% in the 3rd quarter. Moore Capital Management LP now owns 231,200 shares of the business services provider’s stock valued at $19,208,000 after acquiring an additional 27,200 shares during the last quarter. LSV Asset Management raised its holdings in Global Payments by 22.7% in the 3rd quarter. LSV Asset Management now owns 342,600 shares of the business services provider’s stock valued at $28,463,000 after acquiring an additional 63,400 shares during the last quarter. Finally, Convergence Investment Partners LLC acquired a new stake in Global Payments in the 3rd quarter valued at about $1,024,000. Institutional investors and hedge funds own 89.76% of the company’s stock.

Global Payments Stock Performance

Global Payments stock opened at $73.99 on Friday. The firm has a 50 day simple moving average of $69.05 and a 200-day simple moving average of $73.52. Global Payments Inc. has a 1-year low of $62.45 and a 1-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 stock has a market cap of $20.24 billion, a price-to-earnings ratio of -36.27, a price-to-earnings-growth ratio of 0.41 and a beta of 0.75.

Global Payments (NYSE:GPN) last issued its quarterly earnings data on Wednesday, May 6th. The business services provider reported $2.96 EPS for the quarter, topping the consensus estimate of $2.82 by $0.14. The firm had revenue of $2.86 billion for the quarter, compared to analyst estimates of $2.81 billion. Global Payments had a negative net margin of 7.99% and a positive return on equity of 13.11%. The business’s revenue for the quarter was up 63.1% compared to the same quarter last year. During the same period in the prior year, the business posted $2.82 EPS. Global Payments has set its FY 2026 guidance at 13.800-14.000 EPS. On average, analysts expect that Global Payments Inc. will post 13.89 EPS for the current year.

Global Payments Announces Dividend

The business 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 dividend of $0.25 per share. The ex-dividend date of this dividend is Friday, June 12th. This represents a $1.00 dividend on an annualized basis and a dividend yield of 1.4%. Global Payments’s dividend payout ratio (DPR) is presently -49.02%.

Wall Street Analysts Forecast Growth

GPN has been the subject of a number of recent research reports. UBS Group reiterated a “neutral” rating and issued a $80.00 price objective on shares of Global Payments in a report on Thursday, May 7th. Stephens set a $80.00 price objective on shares of Global Payments and gave the company an “equal weight” rating in a report on Thursday, May 7th. Royal Bank Of Canada dropped 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 research note on Wednesday, April 8th. Weiss Ratings cut shares of Global Payments from a “hold (c-)” rating to a “sell (d)” rating in a research note on Monday, May 11th. Finally, TD Cowen dropped their price target on shares of Global Payments from $91.00 to $86.00 and set a “hold” rating for the company in a research note on Tuesday, April 7th. Four equities research analysts have rated the stock with a Buy rating, sixteen have assigned a Hold rating and three have issued a Sell rating to the company. According to MarketBeat.com, the stock has an average rating of “Hold” and a consensus target price of $84.29.

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.