Global Payments Inc. $GPN Shares Sold by Pictet Asset Management Holding SA

Posted by George Bondi on Jul 4th, 2026

Pictet Asset Management Holding SA decreased its holdings in shares of Global Payments Inc. (NYSE:GPN – Free Report) by 23.0% in the first quarter, Holdings Channel.com reports. The institutional investor owned 102,556 shares of the business services provider’s stock after selling 30,565 shares during the quarter. Pictet Asset Management Holding SA’s holdings in Global Payments were worth $6,902,000 at the end of the most recent reporting period.

A number of other hedge funds have also modified their holdings of GPN. Venturi Wealth Management LLC purchased a new stake in Global Payments during the 1st quarter valued at about $202,000. Louisiana State Employees Retirement System acquired a new position in shares of Global Payments during the 1st quarter worth approximately $814,000. Kestra Private Wealth Services LLC boosted its holdings in shares of Global Payments by 11.4% during the 1st quarter. Kestra Private Wealth Services LLC now owns 6,186 shares of the business services provider’s stock worth $416,000 after purchasing an additional 631 shares during the last quarter. OP Asset Management Ltd purchased a new stake in shares of Global Payments in the first quarter valued at approximately $1,727,000. Finally, Banque Cantonale Vaudoise purchased a new stake in shares of Global Payments in the first quarter valued at approximately $327,000. 89.76% of the stock is currently owned by institutional investors and hedge funds.

Global Payments Stock Down 0.1%

GPN stock opened at $78.56 on Friday. The firm has a market cap of $21.49 billion, a PE ratio of -38.51, a PEG ratio of 0.44 and a beta of 0.76. The company has a debt-to-equity ratio of 0.86, a quick ratio of 0.79 and a current ratio of 0.79. The firm’s 50 day moving average price is $69.56 and its 200-day moving average price is $72.24. Global Payments Inc. has a one year low of $61.16 and a one year high of $90.64.

Global Payments (NYSE:GPN – Get Free Report) last issued its quarterly earnings data on Wednesday, May 6th. The business services provider reported $2.96 earnings per share for the quarter, topping the consensus estimate of $2.82 by $0.14. The company had revenue of $2.86 billion during the quarter, compared to analyst estimates of $2.81 billion. Global Payments had a positive return on equity of 13.11% and a negative net margin of 7.99%.The firm’s revenue for the quarter was up 63.1% compared to the same quarter last year. During the same period in the prior year, the business posted $2.82 earnings per share. Global Payments has set its FY 2026 guidance at 13.800-14.000 EPS. On average, equities research analysts anticipate that Global Payments Inc. will post 13.86 EPS for the current year.

Global Payments Dividend Announcement

The firm also recently declared a quarterly dividend, which was paid on Friday, June 26th. Stockholders of record on Friday, June 12th were paid a $0.25 dividend. This represents a $1.00 annualized dividend and a dividend yield of 1.3%. The ex-dividend date of this dividend was Friday, June 12th. Global Payments’s dividend payout ratio is -49.02%.

Analysts Set New Price Targets

Several equities research analysts recently commented on GPN shares. Cantor Fitzgerald cut their price target on Global Payments from $88.00 to $76.00 and set a “neutral” rating for the company in a report on Monday, May 11th. BTIG Research restated a “neutral” rating on shares of Global Payments in a report on Tuesday, June 9th. TD Cowen reaffirmed a “hold” rating and issued a $74.00 target price (down from $86.00) on shares of Global Payments in a research note on Thursday, June 11th. Rothschild & Co Redburn reduced their price target on Global Payments from $70.00 to $60.00 and set a “sell” rating on the stock in a report on Tuesday, May 12th. Finally, Raymond James Financial cut shares of Global Payments from an “outperform” rating to a “market perform” rating in a research report on Thursday, March 26th. Five research analysts have rated the stock with a Buy rating, eighteen have given a Hold rating and three have assigned a Sell rating to the company. According to data from MarketBeat.com, the stock presently has a consensus rating of “Hold” and an average price target of $83.87.

Read Our Latest Stock Report on GPN

Global Payments Profile

(Free Report)

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.