8,324 Global Payments Inc. $GPN Shares Acquired by Kestra Private Wealth Services LLC

Kestra Private Wealth Services LLC boosted its stake in shares of Global Payments Inc. (NYSE:GPN) by 135.5% during the third quarter, Holdings Channel.com reports. The fund owned 14,467 shares of the business services provider’s stock after acquiring an additional 8,324 shares during the period. Kestra Private Wealth Services LLC’s holdings in Global Payments were worth $1,182,000 at the end of the most recent reporting period.

Several other hedge funds and other institutional investors have also recently added to or reduced their stakes in GPN. Western Wealth Management LLC acquired a new stake in shares of Global Payments during the 1st quarter worth $34,000. Nvwm LLC acquired a new position in Global Payments in the third quarter valued at about $41,000. Mather Group LLC. raised its stake in Global Payments by 25.2% in the third quarter. Mather Group LLC. now owns 622 shares of the business services provider’s stock valued at $51,000 after purchasing an additional 125 shares in the last quarter. Fortitude Family Office LLC raised its stake in Global Payments by 365.7% in the third quarter. Fortitude Family Office LLC now owns 624 shares of the business services provider’s stock valued at $51,000 after purchasing an additional 490 shares in the last quarter. Finally, Financial Network Wealth Advisors LLC lifted its position in Global Payments by 30.9% during the third quarter. Financial Network Wealth Advisors LLC now owns 674 shares of the business services provider’s stock worth $55,000 after purchasing an additional 159 shares during the period. 89.76% of the stock is owned by institutional investors and hedge funds.

Global Payments Price Performance

Shares of GPN traded up $2.44 during mid-day trading on Friday, reaching $97.42. The company had a trading volume of 3,648,076 shares, compared to its average volume of 2,805,904. The company has a market capitalization of $25.78 billion, a price-to-earnings ratio of -21.36, a P/E/G ratio of 0.49 and a beta of 0.83. The company has a debt-to-equity ratio of 0.90, a quick ratio of 0.82 and a current ratio of 0.82. The company’s 50 day simple moving average is $86.72 and its 200 day simple moving average is $77.54. Global Payments Inc. has a 1-year low of $61.16 and a 1-year high of $101.32.

Global Payments (NYSE:GPN) last issued its quarterly earnings data on Thursday, November 5th. The business services provider reported $3.58 EPS for the quarter, meeting the consensus estimate of $3.58. Global Payments had a negative net margin of 9.16% and a positive return on equity of 13.80%. The business had revenue of $3.18 billion during the quarter, compared to the consensus estimate of $3.18 billion. During the same quarter in the prior year, the firm earned $3.26 EPS. The firm’s revenue was up 36.1% compared to the same quarter last year. Analysts expect that Global Payments Inc. will post 13.64 EPS for the current year.

Global Payments Announces Dividend

The business also recently declared a quarterly dividend, which will be paid on Thursday, December 24th. Stockholders of record on Thursday, December 10th will be issued a dividend of $0.25 per share. The ex-dividend date is Thursday, December 10th. This represents a $1.00 annualized dividend and a dividend yield of 1.0%. Global Payments’s dividend payout ratio is -33.56%.

Analysts Set New Price Targets

A number of brokerages have issued reports on GPN. William Blair reiterated a “market perform” rating on shares of Global Payments in a research note on Friday, October 30th. Oppenheimer upgraded shares of Global Payments from a “market perform” rating to an “outperform” rating and set a $115.00 target price for the company in a research report on Thursday, October 8th. Wells Fargo & Company upped their price target on shares of Global Payments from $103.00 to $116.00 and gave the stock an “overweight” rating in a report on Friday. TD Cowen lifted their price objective on shares of Global Payments from $90.00 to $95.00 and gave the company a “hold” rating in a research note on Wednesday, August 26th. Finally, Barclays set a $89.00 price objective on shares of Global Payments and gave the company an “equal weight” rating in a research report on Thursday, August 6th. Thirteen investment analysts have rated the stock with a Buy rating, seventeen have assigned a Hold rating and three have given a Sell rating to the company’s stock. Based on data from MarketBeat.com, the stock presently has an average rating of “Hold” and a consensus target price of $96.52.

Global Payments News Roundup

Here are the key news stories impacting Global Payments this week:

• Positive Sentiment: Wells Fargo raised its price target to $116 from $103 and kept an Overweight rating, implying about 19% upside from the cited share price. Wells Fargo rating
• Positive Sentiment: KeyBanc lifted its target to $112 from $105 and maintained an Overweight rating, citing potential upside of about 15%. KeyBanc price target update
• Positive Sentiment: Q3 adjusted EPS of $3.58 met the company’s consensus estimate and rose from $3.26 a year earlier. Coverage pointed to Genius adoption, higher enterprise volumes, expanding margins, and progress integrating Worldpay as growth drivers. Q3 earnings and growth drivers
• Neutral Sentiment: Global Payments reaffirmed its 2026 adjusted EPS outlook of $13.60–$13.80, a range that includes the cited analyst estimate of $13.64. This supports continuity but offers little change to expectations. FY26 outlook update
• Neutral Sentiment: The company reportedly pushed back on rumors that it plans to go private; the report did not indicate a transaction or other change in strategy. Report on going-private rumors

Global Payments Profile

Global Payments Inc is a payment technology and software company that helps businesses accept and manage payments. Its services support in-person, online and mobile transactions, along with point-of-sale systems and software for business operations.

The company also provides technology to financial institutions and other organizations that issue payment cards. Its services include card processing, account management and related digital tools.

Global Payments serves customers across a range of industries and operates internationally, with services available in many countries.