Occam Crest Management LP Raises Position in Shift4 Payments, Inc. $FOUR

Occam Crest Management LP grew its holdings in Shift4 Payments, Inc. (NYSE:FOUR) by 31.9% during the 4th quarter, according to the company in its most recent filing with the SEC. The fund owned 95,000 shares of the company’s stock after purchasing an additional 23,000 shares during the period. Shift4 Payments makes up about 4.2% of Occam Crest Management LP’s portfolio, making the stock its 10th biggest position. Occam Crest Management LP’s holdings in Shift4 Payments were worth $5,982,000 at the end of the most recent quarter.

Other hedge funds and other institutional investors also recently modified their holdings of the company. Advisors Asset Management Inc. increased its stake in shares of Shift4 Payments by 100.0% in the 1st quarter. Advisors Asset Management Inc. now owns 434 shares of the company’s stock valued at $35,000 after purchasing an additional 217 shares during the last quarter. Empowered Funds LLC acquired a new stake in shares of Shift4 Payments during the 4th quarter valued at $43,000. Vestcor Inc acquired a new stake in shares of Shift4 Payments during the 3rd quarter valued at $45,000. Summer Road LLC acquired a new stake in shares of Shift4 Payments during the 4th quarter valued at $47,000. Finally, Johnson Financial Group Inc. boosted its holdings in shares of Shift4 Payments by 282.2% during the 3rd quarter. Johnson Financial Group Inc. now owns 646 shares of the company’s stock valued at $50,000 after acquiring an additional 477 shares in the last quarter. Institutional investors own 98.87% of the company’s stock.

Wall Street Analyst Weigh In

Several equities research analysts recently weighed in on FOUR shares. Royal Bank Of Canada cut their price objective on Shift4 Payments from $73.00 to $65.00 and set an “outperform” rating on the stock in a report on Friday, May 8th. Raymond James Financial downgraded Shift4 Payments from a “strong-buy” rating to an “outperform” rating and set a $67.00 price objective on the stock. in a report on Thursday, March 26th. Capital One Financial set a $50.00 price objective on Shift4 Payments in a report on Tuesday, April 21st. Evercore set a $45.00 price objective on Shift4 Payments in a report on Monday, May 18th. Finally, Zacks Research raised Shift4 Payments from a “strong sell” rating to a “hold” rating in a report on Monday, June 1st. Ten research analysts have rated the stock with a Buy rating, eleven have given a Hold rating and one has issued a Sell rating to the company’s stock. Based on data from MarketBeat, the stock currently has an average rating of “Hold” and an average target price of $70.19.

Shift4 Payments Trading Down 3.0%

Shares of FOUR stock opened at $39.94 on Tuesday. The company has a market cap of $3.17 billion, a P/E ratio of 47.55, a PEG ratio of 0.45 and a beta of 1.43. The stock has a 50 day simple moving average of $43.24 and a two-hundred day simple moving average of $53.14. 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, Inc. has a fifty-two week low of $34.56 and a fifty-two week high of $108.50.

Shift4 Payments (NYSE:FOUR) last issued its 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). The business had revenue of $1.12 billion during the quarter, compared to the consensus estimate of $1.09 billion. Shift4 Payments had a return on equity of 33.55% and a net margin of 2.63%.The company’s revenue for the quarter was up 49.0% compared to the same quarter last year. During the same quarter in the previous year, the firm posted $1.07 earnings per share. Shift4 Payments has set its FY 2026 guidance at 5.500-5.700 EPS. Research analysts forecast that Shift4 Payments, Inc. will post 4.75 earnings per share for the current year.

Insiders Place Their Bets

In other Shift4 Payments news, major shareholder Jared Isaacman bought 193,000 shares of the stock in a transaction on Tuesday, May 12th. The stock was acquired at an average cost of $40.66 per share, for a total transaction of $7,847,380.00. Following the completion of the acquisition, the insider owned 1,787,455 shares in the company, valued at $72,677,920.30. This trade represents a 12.10% increase in their position. The acquisition was disclosed in a document filed with the SEC, which is available at this link. Insiders own 1.54% of the company’s stock.

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.