Paralel Advisors LLC Takes Position in Global Payments Inc. $GPN

Paralel Advisors LLC bought a new position in shares of Global Payments Inc. (NYSE:GPN) in the 2nd quarter, according to its most recent filing with the Securities and Exchange Commission. The fund bought 34,357 shares of the business services provider’s stock, valued at approximately $2,493,000.

A number of other institutional investors have also made changes to their positions in GPN. Gtcr LLC bought a new stake in Global Payments in the 1st quarter valued at $2,911,939,000. Pzena Investment Management LLC bought a new position in Global Payments during the second quarter worth $848,344,000. Norges Bank bought a new position in Global Payments during the fourth quarter worth $276,014,000. Deutsche Bank AG bought a new position in Global Payments during the second quarter worth $138,781,000. Finally, Bank of New York Mellon Corp acquired a new position in shares of Global Payments in the second quarter valued at $99,702,000. 89.76% of the stock is owned by institutional investors and hedge funds.

Global Payments Price Performance

Global Payments stock opened at $92.12 on Friday. The stock’s fifty day moving average price is $79.25 and its two-hundred day moving average price is $73.72. Global Payments Inc. has a one year low of $61.16 and a one year high of $95.58. The company has a debt-to-equity ratio of 0.90, a current ratio of 0.82 and a quick ratio of 0.82. The firm has a market cap of $24.38 billion, a PE ratio of -30.91, a price-to-earnings-growth ratio of 0.53 and a beta of 0.74.

Global Payments (NYSE:GPN) last released its earnings results on Wednesday, August 5th. The business services provider reported $3.46 earnings per share for the quarter, beating analysts’ consensus estimates of $3.44 by $0.02. The firm had revenue of $3.16 billion during the quarter, compared to the consensus estimate of $3.16 billion. Global Payments had a positive return on equity of 13.80% and a negative net margin of 9.16%.The company’s revenue was up 68.6% compared to the same quarter last year. During the same period in the prior year, the company posted $3.10 EPS. Global Payments has set its FY 2026 guidance at 13.600-13.800 EPS. As a group, research analysts expect that Global Payments Inc. will post 13.66 EPS for the current fiscal year.

Global Payments Announces Dividend

The company also recently disclosed a quarterly dividend, which will be paid on Friday, September 25th. Investors of record on Friday, September 11th will be given a dividend of $0.25 per share. The ex-dividend date of this dividend is Friday, September 11th. This represents a $1.00 annualized dividend and a yield of 1.1%. Global Payments’s dividend payout ratio is currently -33.56%.

Wall Street Analysts Forecast Growth

A number of research firms have recently issued reports on GPN. Wall Street Zen cut shares of Global Payments from a “buy” rating to a “hold” rating in a research note on Saturday, May 30th. Robert W. Baird set a $120.00 price target on shares of Global Payments in a research note on Thursday, August 6th. HC Wainwright started coverage on shares of Global Payments in a report on Thursday, August 6th. They issued a “buy” rating on the stock. BTIG Research restated a “neutral” rating on shares of Global Payments in a research report on Tuesday, June 9th. Finally, The Goldman Sachs Group boosted their price objective on Global Payments from $82.00 to $94.00 and gave the stock a “neutral” rating in a report on Thursday, August 6th. Ten equities research analysts have rated the stock with a Buy rating, fifteen have assigned a Hold rating and three have issued a Sell rating to the stock. According to data from MarketBeat, the company has an average rating of “Hold” and a consensus price target of $90.92.

Key Stories Impacting Global Payments

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

• Positive Sentiment: Royal Bank of Canada raised its price target for Global Payments from $96 to $102 while maintaining a “sector perform” rating. The new target implies roughly 11% upside from the referenced price and provides support for the shares. Benzinga
• Neutral Sentiment: Analyst sentiment remains divided on Global Payments, with some analysts maintaining constructive valuations while others appear more cautious about the company’s earnings outlook. The overall takeaway is that investors are weighing potential upside against estimates that have softened. Analysts Have Conflicting Sentiments on Global Payments and Mercury Systems
• Negative Sentiment: Zacks Research retained a “Hold” rating and reduced several earnings forecasts, including Q3 and Q4 2026 EPS to $3.56 and $3.66, respectively, and FY2026 EPS to $13.63 from $13.85. Estimates were also lowered for FY2027 to $16.00 from $16.43 and FY2028 to $18.53 from $19.00. These cuts suggest analysts see somewhat less near- and longer-term earnings power than previously expected.
• Positive Sentiment: Zacks modestly increased its Q1 2027 EPS estimate to $3.43 from $3.40 and Q1 2028 to $4.02 from $3.96, providing limited offsets to the broader estimate reductions.

About Global Payments

Global Payments Inc (NYSE: GPN) is a worldwide provider of payment technology and software solutions that enables commerce for merchants, issuers and enterprises. The company develops and operates payment processing networks, point-of-sale systems and cloud-based software that facilitate electronic transactions across in-store, online and mobile channels. Its services span merchant acquiring, payment gateway services, omnichannel commerce platforms, and solutions for recurring and subscription billing.

Global Payments offers a range of products and services including integrated payment terminals and point-of-sale software, e-commerce and gateway technologies, fraud prevention and tokenization tools, and business analytics and reporting.