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

Posted by Brian Himes on Jul 29th, 2026

Spyglass Capital Management LLC grew its position in Shift4 Payments, Inc. (NYSE:FOUR – Free Report) by 3.1% in the 1st quarter, according to its most recent filing with the SEC. The firm owned 1,751,140 shares of the company’s stock after buying an additional 53,220 shares during the period. Shift4 Payments accounts for approximately 5.4% of Spyglass Capital Management LLC’s investment portfolio, making the stock its 4th largest holding. Spyglass Capital Management LLC’s holdings in Shift4 Payments were worth $76,577,000 at the end of the most recent reporting period.

A number of other institutional investors and hedge funds also recently made changes to their positions in the company. Wasatch Advisors LP lifted its stake in shares of Shift4 Payments by 10.1% during the fourth quarter. Wasatch Advisors LP now owns 6,778,925 shares of the company’s stock valued at $426,869,000 after acquiring an additional 621,797 shares during the period. Durable Capital Partners LP increased its position in Shift4 Payments by 12.6% in the second quarter. Durable Capital Partners LP now owns 6,665,443 shares of the company’s stock worth $660,612,000 after purchasing an additional 745,650 shares during the period. Darlington Partners Capital Management LP increased its position in Shift4 Payments by 2.1% in 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 period. Ensign Peak Advisors Inc raised its holdings in Shift4 Payments by 7.7% during 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 during the last quarter. Finally, Marshall Wace LLP raised its holdings in Shift4 Payments by 97.2% during the 4th quarter. Marshall Wace LLP now owns 1,655,485 shares of the company’s stock worth $104,246,000 after purchasing an additional 816,155 shares during the last quarter. Institutional investors own 98.87% of the company’s stock.

Insider Buying and Selling at Shift4 Payments

In other news, major shareholder Jared Isaacman purchased 193,000 shares of the business’s stock in a transaction that occurred on Tuesday, May 12th. The shares were acquired at an average cost of $40.66 per share, for a total transaction of $7,847,380.00. Following the transaction, the insider directly owned 1,787,455 shares of the company’s stock, valued at approximately $72,677,920.30. The trade was a 12.10% increase in their position. The acquisition was disclosed in a filing with the SEC, which is available at this link. 1.54% of the stock is owned by corporate insiders.

Shift4 Payments Trading Up 9.9%

NYSE FOUR opened at $54.91 on Wednesday. Shift4 Payments, Inc. has a 12 month low of $34.56 and a 12 month high of $107.15. The stock has a 50-day simple moving average of $45.12 and a 200 day simple moving average of $48.92. The company has a current ratio of 1.22, a quick ratio of 1.22 and a debt-to-equity ratio of 2.55. The company has a market capitalization of $4.36 billion, a PE ratio of 65.37, a P/E/G ratio of 0.54 and a beta of 1.41.

Shift4 Payments (NYSE:FOUR – Get Free Report) last issued its earnings results on Thursday, May 7th. The company reported $0.97 earnings per share (EPS) for the quarter, missing analysts’ consensus estimates of $0.99 by ($0.02). The company had revenue of $1.12 billion for the quarter, compared to the consensus estimate of $1.09 billion. Shift4 Payments had a return on equity of 33.55% and a net margin of 2.63%.Shift4 Payments’s quarterly revenue was up 49.0% on a year-over-year basis. During the same quarter last year, the business posted $1.07 EPS. Shift4 Payments has set its FY 2026 guidance at 5.500-5.700 EPS. Research analysts forecast that Shift4 Payments, Inc. will post 4.77 EPS for the current year.

Wall Street Analyst Weigh In

A number of research firms have issued reports on FOUR. BMO Capital Markets began coverage on shares of Shift4 Payments in a research report on Tuesday, April 21st. They set a “market perform” rating and a $50.00 target price on the stock. Loop Capital started coverage on shares of Shift4 Payments in a research report on Wednesday, June 24th. They set a “hold” rating and a $40.00 price target for the company. DA Davidson dropped their price target on shares of Shift4 Payments from $82.00 to $74.00 and set a “buy” rating for the company in a research note on Tuesday, May 12th. Truist Financial increased their price objective on shares of Shift4 Payments from $46.00 to $50.00 and gave the company a “hold” rating in a report on Friday, July 24th. Finally, The Goldman Sachs Group raised their price objective on shares of Shift4 Payments from $49.00 to $55.00 and gave the company a “neutral” rating in a research note on Thursday, July 9th. Ten research analysts have rated the stock with a Buy rating, twelve have issued a Hold rating and one has given a Sell rating to the company’s stock. According to data from MarketBeat.com, Shift4 Payments currently has a consensus rating of “Hold” and a consensus price target of $68.43.

View Our Latest Report on Shift4 Payments

About Shift4 Payments

(Free Report)

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.