Value Holdings Management CO. LLC Decreases Holdings in Global Payments Inc. $GPN

Value Holdings Management CO. LLC reduced its stake in Global Payments Inc. (NYSE:GPN) by 24.4% in the 4th quarter, Holdings Channel reports. The firm owned 215,412 shares of the business services provider’s stock after selling 69,500 shares during the quarter. Global Payments accounts for approximately 2.8% of Value Holdings Management CO. LLC’s portfolio, making the stock its 13th biggest position. Value Holdings Management CO. LLC’s holdings in Global Payments were worth $16,673,000 as of its most recent SEC filing.

Several other hedge funds also recently added to or reduced their stakes in GPN. Thomasville National Bank lifted its stake in shares of Global Payments by 0.7% during the third quarter. Thomasville National Bank now owns 17,848 shares of the business services provider’s stock worth $1,483,000 after purchasing an additional 125 shares in the last quarter. Traynor Capital Management Inc. grew its stake in shares of Global Payments by 3.5% in the fourth quarter. Traynor Capital Management Inc. now owns 4,221 shares of the business services provider’s stock valued at $327,000 after buying an additional 141 shares in the last quarter. Deseret Mutual Benefit Administrators grew its stake in shares of Global Payments by 23.4% in the third quarter. Deseret Mutual Benefit Administrators now owns 802 shares of the business services provider’s stock valued at $67,000 after buying an additional 152 shares in the last quarter. Swedbank AB raised its holdings in shares of Global Payments by 0.3% during the 3rd quarter. Swedbank AB now owns 51,177 shares of the business services provider’s stock valued at $4,252,000 after buying an additional 154 shares during the period. Finally, Allworth Financial LP raised its holdings in shares of Global Payments by 43.2% during the 3rd quarter. Allworth Financial LP now owns 610 shares of the business services provider’s stock valued at $51,000 after buying an additional 184 shares during the period. 89.76% of the stock is owned by hedge funds and other institutional investors.

Wall Street Analyst Weigh In

A number of research firms have weighed in on GPN. Truist Financial set a $85.00 price target on Global Payments in a report on Tuesday, January 20th. Raymond James Financial lowered shares of Global Payments from an “outperform” rating to a “market perform” rating in a research note on Thursday. Mizuho reduced their target price on shares of Global Payments from $125.00 to $110.00 and set an “outperform” rating on the stock in a research report on Thursday. Weiss Ratings restated a “hold (c-)” rating on shares of Global Payments in a research note on Thursday, January 22nd. Finally, Keefe, Bruyette & Woods raised their price target on shares of Global Payments from $87.00 to $90.00 and gave the company a “market perform” rating in a report on Thursday, February 19th. One equities research analyst has rated the stock with a Strong Buy rating, five have given a Buy rating, seventeen have issued a Hold rating and two have assigned a Sell rating to the stock. Based on data from MarketBeat, Global Payments presently has a consensus rating of “Hold” and a consensus price target of $91.18.

Global Payments Trading Down 1.2%

Shares of GPN opened at $69.91 on Friday. Global Payments Inc. has a one year low of $65.93 and a one year high of $99.99. The stock has a 50-day moving average price of $73.33 and a 200 day moving average price of $78.37. The company has a debt-to-equity ratio of 0.83, a quick ratio of 1.69 and a current ratio of 1.69. The company has a market capitalization of $19.24 billion, a P/E ratio of 12.07, a P/E/G ratio of 0.39 and a beta of 0.73.

Global Payments (NYSE:GPN) last posted its quarterly earnings data on Wednesday, February 18th. The business services provider reported $3.18 earnings per share (EPS) for the quarter, topping the consensus estimate of $3.16 by $0.02. Global Payments had a return on equity of 12.72% and a net margin of 16.92%.The company had revenue of $2.32 billion for the quarter, compared to the consensus estimate of $2.32 billion. During the same period in the previous year, the business earned $2.85 EPS. Global Payments’s revenue for the quarter was up 1.4% compared to the same quarter last year. Global Payments has set its FY 2026 guidance at 13.800-14.000 EPS. Sell-side analysts forecast that Global Payments Inc. will post 11.89 EPS for the current fiscal year.

Global Payments Announces Dividend

The business also recently declared a quarterly dividend, which will be paid on Monday, March 30th. Investors of record on Monday, March 9th will be paid a $0.25 dividend. This represents a $1.00 dividend on an annualized basis and a dividend yield of 1.4%. The ex-dividend date is Monday, March 9th. Global Payments’s payout ratio is 17.27%.

Global Payments Company Profile

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.