Spyglass Capital Management LLC Boosts Stock Holdings in Shift4 Payments, Inc. $FOUR

Spyglass Capital Management LLC boosted its stake in shares of Shift4 Payments, Inc. (NYSE:FOUR) by 4.7% during the 2nd quarter, HoldingsChannel.com reports. The institutional investor owned 1,833,803 shares of the company’s stock after buying an additional 82,663 shares during the quarter. Shift4 Payments makes up approximately 4.8% of Spyglass Capital Management LLC’s investment portfolio, making the stock its 7th biggest holding. Spyglass Capital Management LLC’s holdings in Shift4 Payments were worth $89,196,000 as of its most recent filing with the SEC.

Several other institutional investors have also added to or reduced their stakes in FOUR. Wasatch Advisors LP lifted its stake in shares of Shift4 Payments by 10.1% during the 4th quarter. Wasatch Advisors LP now owns 6,778,925 shares of the company’s stock worth $426,869,000 after acquiring an additional 621,797 shares during the last quarter. Durable Capital Partners LP increased its holdings in shares of Shift4 Payments by 12.6% in the second quarter. Durable Capital Partners LP now owns 6,665,443 shares of the company’s stock valued at $660,612,000 after purchasing an additional 745,650 shares during the period. Darlington Partners Capital Management LP raised its holdings in shares of Shift4 Payments by 2.1% during the third quarter. Darlington Partners Capital Management LP now owns 5,071,725 shares of the company’s stock worth $392,552,000 after purchasing an additional 105,320 shares during the last quarter. Ensign Peak Advisors Inc boosted its position in Shift4 Payments by 7.7% in the 4th quarter. Ensign Peak Advisors Inc now owns 2,643,829 shares of the company’s stock worth $166,482,000 after purchasing an additional 188,594 shares in the last quarter. Finally, Marshall Wace LLP raised its position in shares of Shift4 Payments by 97.2% in the fourth quarter. Marshall Wace LLP now owns 1,655,485 shares of the company’s stock worth $104,246,000 after acquiring an additional 816,155 shares during the period. Institutional investors own 98.87% of the company’s stock.

Analysts Set New Price Targets

FOUR has been the topic of a number of recent analyst reports. Keefe, Bruyette & Woods increased their target price on Shift4 Payments from $50.00 to $52.00 and gave the company a “market perform” rating in a research report on Friday, May 8th. Morgan Stanley set a $46.00 price target on shares of Shift4 Payments in a research report on Friday, August 7th. Evercore set a $45.00 price target on shares of Shift4 Payments in a research note on Monday, May 18th. Raymond James Financial set a $51.00 price objective on Shift4 Payments in a report on Friday, August 7th. Finally, Mizuho set a $55.00 target price on Shift4 Payments in a report on Monday, August 10th. Eleven investment analysts have rated the stock with a Buy rating, eleven have given a Hold rating and one has assigned a Sell rating to the company. According to MarketBeat, the company currently has an average rating of “Hold” and an average target price of $60.24.

Shift4 Payments Stock Performance

NYSE FOUR opened at $42.36 on Tuesday. The stock has a market cap of $3.34 billion, a PE ratio of 70.60, a P/E/G ratio of 0.57 and a beta of 1.40. The company has a current ratio of 1.21, a quick ratio of 1.21 and a debt-to-equity ratio of 2.59. Shift4 Payments, Inc. has a twelve month low of $34.56 and a twelve month high of $92.06. The stock has a fifty day simple moving average of $48.25 and a 200-day simple moving average of $46.41.

Shift4 Payments (NYSE:FOUR) last issued its quarterly earnings data on Thursday, August 6th. The company reported $1.32 earnings per share (EPS) for the quarter, topping analysts’ consensus estimates of $1.26 by $0.06. The firm had revenue of $1.29 billion during the quarter, compared to the consensus estimate of $615.65 million. Shift4 Payments had a return on equity of 28.40% and a net margin of 2.20%.The company’s quarterly revenue was up 50.9% on a year-over-year basis. During the same period last year, the company earned $1.10 EPS. Shift4 Payments has set its FY 2026 guidance at 5.150-5.350 EPS. Equities analysts anticipate that Shift4 Payments, Inc. will post 4.33 earnings per share for the current year.

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.