HBK Sorce Advisory LLC Buys Shares of 7,499 Global Payments Inc. $GPN

Posted by Francis Steltz on Aug 18th, 2026

HBK Sorce Advisory LLC purchased a new position in Global Payments Inc. (NYSE:GPN – Free Report) in the second quarter, according to the company in its most recent disclosure with the Securities & Exchange Commission. The fund purchased 7,499 shares of the business services provider’s stock, valued at approximately $656,000.

Several other large investors also recently made changes to their positions in the stock. BI Asset Management Fondsmaeglerselskab A S increased its holdings in shares of Global Payments by 1.6% during the 4th quarter. BI Asset Management Fondsmaeglerselskab A S now owns 10,260 shares of the business services provider’s stock valued at $794,000 after acquiring an additional 163 shares during the last quarter. Southern Financial Group LLC raised its stake in shares of Global Payments by 5.1% in the 1st quarter. Southern Financial Group LLC now owns 3,651 shares of the business services provider’s stock valued at $246,000 after acquiring an additional 178 shares in the last quarter. Van ECK Associates Corp lifted its holdings in Global Payments by 0.6% in the 3rd quarter. Van ECK Associates Corp now owns 30,262 shares of the business services provider’s stock worth $2,514,000 after purchasing an additional 187 shares during the last quarter. New Mexico Educational Retirement Board boosted its position in Global Payments by 1.8% during the fourth quarter. New Mexico Educational Retirement Board now owns 11,248 shares of the business services provider’s stock worth $871,000 after purchasing an additional 200 shares during the period. Finally, Dempze Nancy E boosted its position in Global Payments by 1.5% during the fourth quarter. Dempze Nancy E now owns 13,500 shares of the business services provider’s stock worth $1,045,000 after purchasing an additional 200 shares during the period. Institutional investors own 89.76% of the company’s stock.

Global Payments Stock Performance

NYSE:GPN opened at $90.44 on Tuesday. Global Payments Inc. has a 12-month low of $61.16 and a 12-month high of $95.58. The company has a quick ratio of 0.82, a current ratio of 0.82 and a debt-to-equity ratio of 0.90. The firm has a market capitalization of $23.93 billion, a PE ratio of -30.35, a price-to-earnings-growth ratio of 0.54 and a beta of 0.74. The firm has a 50-day moving average price of $77.60 and a 200 day moving average price of $73.30.

Global Payments (NYSE:GPN – Get Free Report) last released its quarterly earnings data on Wednesday, August 5th. The business services provider reported $3.46 earnings per share for the quarter, beating analysts’ consensus estimates of $3.44 by $0.02. Global Payments had a positive return on equity of 13.80% and a negative net margin of 9.16%.The company had revenue of $3.16 billion for the quarter, compared to the consensus estimate of $3.16 billion. During the same period in the previous year, the business earned $3.10 earnings per share. The company’s quarterly revenue was up 68.6% on a year-over-year basis. Global Payments has set its FY 2026 guidance at 13.600-13.800 EPS. Research analysts anticipate that Global Payments Inc. will post 13.67 earnings per share for the current fiscal year.

Global Payments Announces Dividend

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

Wall Street Analysts Forecast Growth

A number of equities analysts have recently commented on the stock. Wolfe Research raised shares of Global Payments from a “peer perform” rating to an “outperform” rating and set a $110.00 price target on the stock in a research report on Thursday, August 6th. Royal Bank Of Canada reaffirmed a “sector perform” rating and set a $96.00 price objective (up from $82.00) on shares of Global Payments in a report on Thursday, August 6th. HC Wainwright initiated coverage on shares of Global Payments in a report on Thursday, August 6th. They issued a “buy” rating on the stock. Zacks Research lowered shares of Global Payments from a “strong-buy” rating to a “hold” rating in a research report on Friday, May 1st. Finally, Jefferies Financial Group upgraded Global Payments from a “hold” rating to a “buy” rating in a research note on Thursday, August 6th. Ten equities research analysts have rated the stock with a Buy rating, fifteen have assigned a Hold rating and three have given a Sell rating to the company. Based on data from MarketBeat, Global Payments currently has a consensus rating of “Hold” and an average target price of $90.68.

Get Our Latest Stock Analysis on Global Payments

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.