Oak Thistle LLC Invests $1.41 Million in Shift4 Payments, Inc. $FOUR

Oak Thistle LLC purchased a new position in Shift4 Payments, Inc. (NYSE:FOUR) during the 4th quarter, according to its most recent Form 13F filing with the Securities and Exchange Commission (SEC). The firm purchased 22,424 shares of the company’s stock, valued at approximately $1,412,000.

Other hedge funds and other institutional investors have also recently bought and sold shares of the company. Mawer Investment Management Ltd. increased its position in Shift4 Payments by 66.9% during the third quarter. Mawer Investment Management Ltd. now owns 178,318 shares of the company’s stock worth $13,802,000 after purchasing an additional 71,489 shares during the last quarter. Rice Hall James & Associates LLC increased its position in Shift4 Payments by 71.3% during the third quarter. Rice Hall James & Associates LLC now owns 584,231 shares of the company’s stock worth $45,219,000 after purchasing an additional 243,161 shares during the last quarter. Maestria Partners LLC increased its position in Shift4 Payments by 36.6% during the third quarter. Maestria Partners LLC now owns 372,423 shares of the company’s stock worth $28,826,000 after purchasing an additional 99,723 shares during the last quarter. CIBC Bancorp USA Inc. acquired a new stake in Shift4 Payments during the third quarter worth about $77,303,000. Finally, Jackson Square Partners LLC acquired a new stake in Shift4 Payments during the third quarter worth about $5,735,000. 98.87% of the stock is currently owned by institutional investors and hedge funds.

Shift4 Payments Price Performance

Shares of FOUR opened at $42.21 on Thursday. Shift4 Payments, Inc. has a 1-year low of $40.19 and a 1-year high of $108.50. The stock has a market cap of $3.43 billion, a PE ratio of 40.20, a P/E/G ratio of 0.44 and a beta of 1.60. The firm has a 50-day simple moving average of $50.22 and a two-hundred day simple moving average of $63.11. The company has a debt-to-equity ratio of 4.66, a current ratio of 1.66 and a quick ratio of 1.66.

Shift4 Payments (NYSE:FOUR) last announced its quarterly earnings results on Thursday, February 26th. The company reported $1.60 earnings per share for the quarter, beating analysts’ consensus estimates of $1.56 by $0.04. Shift4 Payments had a net margin of 2.84% and a return on equity of 39.27%. The business had revenue of $610.00 million during the quarter, compared to analysts’ expectations of $1.20 billion. During the same period last year, the business earned $1.35 earnings per share. The business’s revenue for the quarter was up 50.6% on a year-over-year basis. Shift4 Payments has set its FY 2026 guidance at 5.500-5.700 EPS. As a group, analysts forecast that Shift4 Payments, Inc. will post 3.7 EPS for the current year.

Insider Buying and Selling at Shift4 Payments

In related news, major shareholder Jared Isaacman purchased 43,827 shares of the company’s stock in a transaction on Tuesday, March 10th. The stock was acquired at an average cost of $45.75 per share, for a total transaction of $2,005,085.25. Following the completion of the transaction, the insider directly owned 1,410,727 shares in the company, valued at approximately $64,540,760.25. The trade was a 3.21% increase in their ownership of the stock. The acquisition was disclosed in a document filed with the SEC, which is available at this link. Insiders have bought 385,757 shares of company stock worth $17,666,153 in the last ninety days. 25.15% of the stock is owned by company insiders.

Wall Street Analysts Forecast Growth

Several research firms recently issued reports on FOUR. Keefe, Bruyette & Woods cut their price objective on shares of Shift4 Payments from $72.00 to $60.00 and set a “market perform” rating for the company in a research report on Friday, February 27th. Oppenheimer cut their price objective on shares of Shift4 Payments from $112.00 to $98.00 and set an “outperform” rating for the company in a research report on Monday, January 12th. Freedom Capital cut shares of Shift4 Payments from a “strong-buy” rating to a “hold” rating in a research report on Friday, February 27th. Royal Bank Of Canada restated an “outperform” rating and set a $73.00 price objective on shares of Shift4 Payments in a research report on Thursday, February 26th. Finally, Mizuho cut their price objective on shares of Shift4 Payments from $102.00 to $90.00 and set an “outperform” rating for the company in a research report on Monday, December 22nd. Twelve analysts have rated the stock with a Buy rating, seven have given a Hold rating and one has given a Sell rating to the company’s stock. According to data from MarketBeat, Shift4 Payments presently has an average rating of “Moderate Buy” and an average price target of $78.12.

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.