Category: Markets
Published: 2026-07-07T13:42:58.000Z
Fjarde AP Fonden, the Fourth Swedish National Pension Fund, significantly increased its stake in Global Payments Inc. (NYSE:GPN) by 46.1% in the first quarter, acquiring an additional 20,900 shares to reach a total of 66,260 shares valued at approximately $4.46 million. This move comes as Global Payments reported better-than-expected quarterly results, with EPS of $2.96 and revenue of $2.86 billion, and set its FY 2026 EPS guidance between $13.80 and $14.00. Despite cautious analyst sentiment leading to a consensus "Hold" rating, the company continues to pay a quarterly dividend of $0.25 per share.
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