Flax Pond Capital LLC Sells 45,840 Shares of Global Payments Inc. $GPN

Posted by Brian Himes on Jul 31st, 2026

Flax Pond Capital LLC trimmed its position in shares of Global Payments Inc. (NYSE:GPN – Free Report) by 75.0% during the 1st quarter, Holdings Channel reports. The fund owned 15,270 shares of the business services provider’s stock after selling 45,840 shares during the period. Flax Pond Capital LLC’s holdings in Global Payments were worth $1,028,000 at the end of the most recent reporting period.

A number of other hedge funds and other institutional investors have also recently modified their holdings of GPN. Westpac Banking Corp lifted its stake in Global Payments by 5,795.1% in the 4th quarter. Westpac Banking Corp now owns 57,182 shares of the business services provider’s stock worth $4,426,000 after purchasing an additional 56,212 shares in the last quarter. Gtcr LLC bought a new stake in shares of Global Payments during the 1st quarter valued at about $2,911,939,000. LSV Asset Management grew its holdings in shares of Global Payments by 30.8% during the fourth quarter. LSV Asset Management now owns 448,100 shares of the business services provider’s stock worth $34,683,000 after purchasing an additional 105,500 shares in the last quarter. Pzena Investment Management LLC raised its stake in Global Payments by 4.6% in the fourth quarter. Pzena Investment Management LLC now owns 11,409,697 shares of the business services provider’s stock valued at $883,111,000 after purchasing an additional 500,887 shares in the last quarter. Finally, Arrowstreet Capital Limited Partnership increased its holdings in shares of Global Payments by 18.9% in the 4th quarter. Arrowstreet Capital Limited Partnership now owns 1,431,107 shares of the business services provider’s stock worth $110,768,000 after buying an additional 227,317 shares during the last quarter. 89.76% of the stock is currently owned by institutional investors.

Analyst Upgrades and Downgrades

Several research analysts recently issued reports on GPN shares. Wells Fargo & Company cut their target price on shares of Global Payments from $105.00 to $95.00 and set an “overweight” rating for the company in a research report on Thursday, July 9th. TD Cowen restated a “hold” rating and issued a $74.00 price objective (down from $86.00) on shares of Global Payments in a report on Thursday, June 11th. Wall Street Zen lowered shares of Global Payments from a “buy” rating to a “hold” rating in a report on Saturday, May 30th. Keefe, Bruyette & Woods decreased their target price on shares of Global Payments from $90.00 to $76.00 and set a “market perform” rating on the stock in a research report on Tuesday, April 7th. Finally, Cantor Fitzgerald cut their price target on shares of Global Payments from $88.00 to $76.00 and set a “neutral” rating for the company in a research report on Monday, May 11th. Four equities research analysts have rated the stock with a Buy rating, nineteen have given a Hold rating and three have given a Sell rating to the company. Based on data from MarketBeat.com, the company has an average rating of “Hold” and a consensus price target of $83.46.

Get Our Latest Report on GPN

Global Payments Stock Down 1.7%

Shares of Global Payments stock opened at $86.76 on Friday. The company has a debt-to-equity ratio of 0.86, a quick ratio of 0.79 and a current ratio of 0.79. Global Payments Inc. has a 52-week low of $61.16 and a 52-week high of $90.64. The stock has a market capitalization of $23.73 billion, a price-to-earnings ratio of -42.53, a P/E/G ratio of 0.50 and a beta of 0.76. The company’s 50 day moving average price is $73.61 and its 200-day moving average price is $72.20.

Global Payments (NYSE:GPN – Get Free Report) last issued its earnings results on Wednesday, May 6th. The business services provider reported $2.96 EPS for the quarter, topping the consensus estimate of $2.82 by $0.14. The company had revenue of $2.86 billion for the quarter, compared to the consensus estimate of $2.81 billion. Global Payments had a negative net margin of 7.99% and a positive return on equity of 13.11%. The firm’s revenue for the quarter was up 63.1% on a year-over-year basis. During the same period in the previous year, the firm earned $2.82 earnings per share. Global Payments has set its FY 2026 guidance at 13.800-14.000 EPS. Equities research analysts forecast that Global Payments Inc. will post 13.81 EPS for the current year.

Global Payments Company 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.