Spartan Wealth Advisory Services LLC Purchases New Holdings in Shift4 Payments, Inc. $FOUR

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

Several other hedge funds and other institutional investors have also bought and sold shares of FOUR. GAMMA Investing LLC increased its position in shares of Shift4 Payments by 25.9% during the 4th quarter. GAMMA Investing LLC now owns 860 shares of the company’s stock valued at $54,000 after purchasing an additional 177 shares during the last quarter. Marex Group plc raised its stake in shares of Shift4 Payments by 6.0% during the 4th quarter. Marex Group plc now owns 3,487 shares of the company’s stock worth $220,000 after purchasing an additional 196 shares during the period. Parallel Advisors LLC boosted its holdings in shares of Shift4 Payments by 5.6% in the 3rd quarter. Parallel Advisors LLC now owns 4,049 shares of the company’s stock worth $313,000 after buying an additional 214 shares during the last quarter. Advisors Asset Management Inc. boosted its holdings 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 worth $35,000 after buying an additional 217 shares during the last quarter. Finally, Glenmede Investment Management LP grew its position in Shift4 Payments by 5.1% during the third quarter. Glenmede Investment Management LP now owns 4,565 shares of the company’s stock valued at $353,000 after buying an additional 222 shares during the period. Hedge funds and other institutional investors own 98.87% of the company’s stock.

Shift4 Payments Price Performance

Shift4 Payments stock opened at $50.35 on Monday. Shift4 Payments, Inc. has a one year low of $34.56 and a one year high of $108.50. The business has a fifty day moving average price of $43.97 and a 200-day moving average price of $49.63. The company has a debt-to-equity ratio of 2.55, a current ratio of 1.22 and a quick ratio of 1.22. The firm has a market capitalization of $3.99 billion, a P/E ratio of 59.94, a PEG ratio of 0.54 and a beta of 1.41.

Shift4 Payments (NYSE:FOUR) last released its quarterly earnings data on Thursday, May 7th. The company reported $0.97 earnings per share (EPS) for the quarter, missing analysts’ consensus estimates of $0.99 by ($0.02). The company had revenue of $1.12 billion for the quarter, compared to the consensus estimate of $1.09 billion. Shift4 Payments had a net margin of 2.63% and a return on equity of 33.55%. The business’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. As a group, equities research analysts forecast that Shift4 Payments, Inc. will post 4.77 EPS for the current year.

Insiders Place Their Bets

In related news, major shareholder Jared Isaacman bought 195,500 shares of Shift4 Payments stock in a transaction on Monday, May 11th. The stock was acquired at an average price of $41.41 per share, with a total value of $8,095,655.00. Following the acquisition, the insider directly owned 1,594,455 shares of the company’s stock, valued at $66,026,381.55. This represents a 13.97% increase in their ownership of the stock. The acquisition was disclosed in a document filed with the Securities & Exchange Commission, which is available through this hyperlink. 1.54% of the stock is owned by insiders.

Analyst Upgrades and Downgrades

A number of analysts recently issued reports on the stock. Truist Financial decreased their price objective on shares of Shift4 Payments from $50.00 to $46.00 and set a “hold” rating for the company in a report on Wednesday, May 27th. Capital One Financial set a $50.00 target price on shares of Shift4 Payments in a research note on Tuesday, April 21st. Wolfe Research downgraded shares of Shift4 Payments from an “outperform” rating to a “peer perform” rating in a research report on Wednesday, April 15th. Stephens lowered shares of Shift4 Payments from an “overweight” rating to an “equal weight” rating and set a $50.00 price target for the company. in a research note on Friday, April 17th. Finally, Raymond James Financial lowered shares of Shift4 Payments from a “strong-buy” rating to an “outperform” rating and set a $67.00 price target for the company. in a research note on Thursday, March 26th. Ten research analysts have rated the stock with a Buy rating, twelve have issued a Hold rating and one has assigned a Sell rating to the company’s stock. Based on data from MarketBeat.com, Shift4 Payments currently has an average rating of “Hold” and a consensus price target of $68.24.

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.