Lakewood Capital Management LP Buys New Position in Global Payments Inc. $GPN

Posted by Brenda Bartman on Aug 25th, 2026

Lakewood Capital Management LP bought a new position in Global Payments Inc. (NYSE:GPN – Free Report) in the 2nd quarter, Holdings Channel reports. The fund bought 244,300 shares of the business services provider’s stock, valued at approximately $17,726,000.

Several other hedge funds also recently bought and sold shares of the company. Brighton Jones LLC purchased a new position in Global Payments in the 4th quarter worth approximately $725,000. Caxton Associates LLP purchased a new position in Global Payments during the 1st quarter valued at approximately $243,000. Intech Investment Management LLC raised its holdings in shares of Global Payments by 43.5% during the 1st quarter. Intech Investment Management LLC now owns 14,462 shares of the business services provider’s stock worth $1,416,000 after acquiring an additional 4,386 shares in the last quarter. Daiwa Securities Group Inc. boosted its position in shares of Global Payments by 7.3% during the 2nd quarter. Daiwa Securities Group Inc. now owns 41,577 shares of the business services provider’s stock valued at $3,327,000 after acquiring an additional 2,840 shares during the last quarter. Finally, AXA S.A. grew its stake in shares of Global Payments by 236.6% in the 2nd quarter. AXA S.A. now owns 28,622 shares of the business services provider’s stock worth $2,291,000 after buying an additional 20,119 shares in the last quarter. Institutional investors own 89.76% of the company’s stock.

Global Payments Price Performance

NYSE:GPN opened at $94.33 on Tuesday. The company has a 50 day moving average price of $80.31 and a 200-day moving average price of $74.06. The company has a debt-to-equity ratio of 0.90, a current ratio of 0.82 and a quick ratio of 0.82. Global Payments Inc. has a 1-year low of $61.16 and a 1-year high of $95.88. The firm has a market cap of $24.96 billion, a price-to-earnings ratio of -31.65, a price-to-earnings-growth ratio of 0.54 and a beta of 0.74.

Global Payments (NYSE:GPN – Get Free Report) last posted its earnings results on Wednesday, August 5th. The business services provider reported $3.46 EPS for the quarter, beating analysts’ consensus estimates of $3.44 by $0.02. The firm had revenue of $3.16 billion for the quarter, compared to analysts’ expectations 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 quarterly revenue was up 68.6% on a year-over-year basis. During the same period last year, the firm earned $3.10 EPS. Global Payments has set its FY 2026 guidance at 13.600-13.800 EPS. Equities research analysts forecast that Global Payments Inc. will post 13.66 EPS for the current year.

Global Payments Dividend Announcement

The business also recently announced a quarterly dividend, which will be paid on Friday, September 25th. Stockholders of record on Friday, September 11th will be given a $0.25 dividend. The ex-dividend date is Friday, September 11th. This represents a $1.00 annualized dividend and a dividend yield of 1.1%. Global Payments’s dividend payout ratio (DPR) is -33.56%.

Wall Street Analyst Weigh In

GPN has been the topic of a number of analyst reports. Deutsche Bank Aktiengesellschaft cut their price objective on shares of Global Payments from $75.00 to $70.00 and set a “hold” rating on the stock in a research report on Tuesday, June 9th. Barclays set a $89.00 price objective on shares of Global Payments and gave the company an “equal weight” rating in a research note on Thursday, August 6th. UBS Group started coverage on shares of Global Payments in a report on Thursday, August 6th. They issued a “buy” rating on the stock. HC Wainwright began coverage on Global Payments in a research note on Thursday, August 6th. They issued a “buy” rating for the company. Finally, Stephens set a $80.00 price objective on shares of Global Payments and gave the stock an “equal weight” rating in a research note on Thursday, May 7th. Ten analysts have rated the stock with a Buy rating, fifteen have issued a Hold rating and three have issued a Sell rating to the company. According to data from MarketBeat.com, the company presently has an average rating of “Hold” and an average price target of $90.92.

Check Out 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.