Spartan Wealth Advisory Services LLC Makes New Investment in Shift4 Payments, Inc. $FOUR

Spartan Wealth Advisory Services LLC purchased a new stake in Shift4 Payments, Inc. (NYSE:FOUR) in the 1st quarter, according to its most recent Form 13F filing with the Securities and Exchange Commission. The firm purchased 19,061 shares of the company’s stock, valued at approximately $834,000.

A number of other hedge funds have also recently made changes to their positions in the company. Wasatch Advisors LP increased its holdings in shares of Shift4 Payments by 10.1% in the fourth quarter. Wasatch Advisors LP now owns 6,778,925 shares of the company’s stock worth $426,869,000 after purchasing an additional 621,797 shares during the period. Durable Capital Partners LP boosted its stake in Shift4 Payments by 12.6% during the second quarter. Durable Capital Partners LP now owns 6,665,443 shares of the company’s stock valued at $660,612,000 after buying an additional 745,650 shares during the period. Darlington Partners Capital Management LP boosted its stake in Shift4 Payments by 2.1% during the third quarter. Darlington Partners Capital Management LP now owns 5,071,725 shares of the company’s stock valued at $392,552,000 after buying an additional 105,320 shares during the period. Ensign Peak Advisors Inc boosted its stake in Shift4 Payments by 7.7% during the fourth quarter. Ensign Peak Advisors Inc now owns 2,643,829 shares of the company’s stock valued at $166,482,000 after buying an additional 188,594 shares during the period. Finally, Spyglass Capital Management LLC grew its position in Shift4 Payments by 36.7% during the fourth quarter. Spyglass Capital Management LLC now owns 1,697,920 shares of the company’s stock worth $106,918,000 after buying an additional 455,707 shares in the last quarter. 98.87% of the stock is currently owned by hedge funds and other institutional investors.

Analysts Set New Price Targets

A number of equities analysts have weighed in on the company. Royal Bank Of Canada decreased their target price on Shift4 Payments from $73.00 to $65.00 and set an “outperform” rating on the stock in a research note on Friday, May 8th. Zacks Research upgraded Shift4 Payments from a “strong sell” rating to a “hold” rating in a research report on Monday, June 1st. Evercore set a $45.00 price objective on Shift4 Payments in a report on Monday, May 18th. The Goldman Sachs Group upped their price objective on shares of Shift4 Payments from $49.00 to $55.00 and gave the stock a “neutral” rating in a research report on Thursday, July 9th. Finally, Weiss Ratings reaffirmed a “sell (d+)” rating on shares of Shift4 Payments in a research note on Thursday, June 11th. Ten research analysts have rated the stock with a Buy rating, twelve have issued a Hold rating and one has issued a Sell rating to the company. According to MarketBeat, Shift4 Payments currently has an average rating of “Hold” and an average price target of $68.24.

Insider Activity

In other news, major shareholder Jared Isaacman acquired 195,500 shares of Shift4 Payments stock in a transaction dated Monday, May 11th. The shares were purchased at an average cost of $41.41 per share, for a total transaction of $8,095,655.00. Following the transaction, the insider owned 1,594,455 shares of the company’s stock, valued at $66,026,381.55. This trade represents a 13.97% increase in their ownership of the stock. The purchase was disclosed in a legal filing with the SEC, which is available through the SEC website. Insiders own 1.54% of the company’s stock.

Shift4 Payments Stock Up 0.1%

Shares of NYSE:FOUR opened at $50.35 on Monday. Shift4 Payments, Inc. has a 52-week low of $34.56 and a 52-week high of $108.50. The firm has a fifty day moving average of $43.97 and a 200 day moving average of $49.63. The firm has a market capitalization of $3.99 billion, a PE ratio of 59.94, a price-to-earnings-growth ratio of 0.54 and a beta of 1.41. 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 quarterly earnings results on Thursday, May 7th. The company reported $0.97 earnings per share for the quarter, missing analysts’ consensus estimates of $0.99 by ($0.02). Shift4 Payments had a net margin of 2.63% and a return on equity of 33.55%. The firm had revenue of $1.12 billion for the quarter, compared to analysts’ expectations of $1.09 billion. During the same quarter in the previous year, the business earned $1.07 EPS. The company’s revenue for the quarter was up 49.0% on a year-over-year basis. Shift4 Payments has set its FY 2026 guidance at 5.500-5.700 EPS. As a group, research analysts anticipate that Shift4 Payments, Inc. will post 4.77 EPS for the current fiscal year.

Shift4 Payments 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.