Global Payments (GPN)

• Market cap: $18.8B
• 1 day: -0.42%
• 5 days: 6.98%
• 1 month: -22.07%
• 3 months: -32.42%
• 6 months: -26.15%
• Year to date: -31.81%
• 1 year: -37.84%
• 5 years: -54.04%
• 10 years: 52.19%
• Sector: Industrials
• Industry: Specialty Business Services

About: Global Payments is a leading provider of payment processing and software solutions and focuses on serving small and midsize merchants. The company operates in 30 countries and generates about one fourth of its revenue from outside North America, primarily in Europe and Asia. In 2019, Global Payments merged with Total System Services in an all-stock deal that gave Total System Services shareholders 48% of the combined company's shares. The merger added issuer processing operations.

Employees: 27,000

Fund manager confidence

Based on 2024 Q4 regulatory disclosures by fund managers ($100M+ AUM)

73% more funds holding in top 10

Funds holding in top 10: 15 [Q3] → 26 (+11) [Q4]

64% more first-time investments, than exits

New positions opened: 128 | Existing positions closed: 78

9% more capital invested

Capital invested by funds: $23.2B [Q3] → $25.2B (+$2.07B) [Q4]

4% more funds holding

Funds holding: 878 [Q3] → 910 (+32) [Q4]

0.5% less ownership

Funds ownership: 89.02% [Q3] → 88.52% (-0.5%) [Q4]

14% less call options, than puts

Call options by funds: $328M | Put options by funds: $380M

20% less repeat investments, than reductions

Existing positions increased: 295 | Existing positions reduced: 369

Research analyst outlook

9 Wall Street Analysts provided 1 year price targets over the past 3 months

• Low target: $77 1% upside
• Avg. target: $115 51% upside
• High target: $163 114% upside

9 analyst ratings

• positive: 7 78%
• neutral: 2 22%
• negative: 0 0%

Keybanc Philip Gibbs 43% 1-year accuracy 10 / 23 met price target	5% upside $80	Overweight Maintained	23 Apr 2025
Wells Fargo Andrew Bauch 35% 1-year accuracy 14 / 40 met price target	1% upside $77	Equal-Weight Maintained	21 Apr 2025
Baird David Koning 57% 1-year accuracy 17 / 30 met price target	31% upside $100	Outperform Maintained	21 Apr 2025
Barclays Ramsey El-Assal 46% 1-year accuracy 31 / 67 met price target	44% upside $110	Overweight Maintained	15 Apr 2025
Evercore ISI Group	11% upside $85	In-Line Initiated	9 Apr 2025