Shift4 Payments, Inc. $FOUR is 14B Captial Management LP’s Largest Position

14B Captial Management LP lessened its stake in Shift4 Payments, Inc. (NYSE:FOUR) by 20.1% in the 3rd quarter, according to the company in its most recent filing with the Securities & Exchange Commission. The firm owned 397,000 shares of the company’s stock after selling 100,000 shares during the quarter. Shift4 Payments accounts for about 18.0% of 14B Captial Management LP’s portfolio, making the stock its largest holding. 14B Captial Management LP owned about 0.45% of Shift4 Payments worth $30,728,000 as of its most recent filing with the Securities & Exchange Commission.

Several other hedge funds and other institutional investors have also recently bought and sold shares of the stock. Advisors Asset Management Inc. boosted its position in Shift4 Payments by 29.5% in the 2nd quarter. Advisors Asset Management Inc. now owns 562 shares of the company’s stock worth $56,000 after purchasing an additional 128 shares in the last quarter. Main Management ETF Advisors LLC boosted its holdings in Shift4 Payments by 1.7% during the second quarter. Main Management ETF Advisors LLC now owns 8,063 shares of the company’s stock worth $799,000 after buying an additional 132 shares in the last quarter. PNC Financial Services Group Inc. grew its position in Shift4 Payments by 1.0% during the second quarter. PNC Financial Services Group Inc. now owns 13,301 shares of the company’s stock valued at $1,318,000 after buying an additional 136 shares during the period. State Board of Administration of Florida Retirement System grew its position in Shift4 Payments by 0.4% during the second quarter. State Board of Administration of Florida Retirement System now owns 47,160 shares of the company’s stock valued at $4,674,000 after buying an additional 190 shares during the period. Finally, Handelsbanken Fonder AB increased its holdings in Shift4 Payments by 1.3% in the second quarter. Handelsbanken Fonder AB now owns 15,900 shares of the company’s stock valued at $1,576,000 after buying an additional 200 shares in the last quarter. 98.87% of the stock is owned by institutional investors and hedge funds.

Insider Activity

In other news, major shareholder Jared Isaacman purchased 43,827 shares of the company’s stock in a transaction that occurred on Tuesday, March 10th. The stock was purchased at an average cost of $45.75 per share, for a total transaction of $2,005,085.25. Following the completion of the transaction, the insider owned 1,410,727 shares of the company’s stock, valued at $64,540,760.25. This trade represents a 3.21% increase in their ownership of the stock. The purchase was disclosed in a filing with the SEC, which is available through the SEC website. Insiders purchased 385,757 shares of company stock valued at $17,666,153 over the last quarter. Insiders own 25.15% of the company’s stock.

Shift4 Payments Trading Down 1.3%

Shares of Shift4 Payments stock opened at $43.36 on Friday. The company has a current ratio of 1.66, a quick ratio of 1.66 and a debt-to-equity ratio of 4.66. Shift4 Payments, Inc. has a twelve month low of $43.01 and a twelve month high of $108.50. The firm has a market capitalization of $3.84 billion, a PE ratio of 41.30, a P/E/G ratio of 0.33 and a beta of 1.65. The firm’s 50-day moving average price is $57.63 and its 200 day moving average price is $68.62.

Shift4 Payments (NYSE:FOUR) last posted its quarterly earnings data on Thursday, February 26th. The company reported $1.60 EPS for the quarter, topping the consensus estimate of $1.56 by $0.04. Shift4 Payments had a return on equity of 39.27% and a net margin of 2.84%.The company had revenue of $610.00 million during the quarter, compared to analyst estimates of $1.20 billion. During the same period in the previous year, the business earned $1.35 EPS. Shift4 Payments’s quarterly revenue was up 50.6% on a year-over-year basis. Shift4 Payments has set its FY 2026 guidance at 5.500-5.700 EPS. On average, sell-side analysts predict that Shift4 Payments, Inc. will post 3.7 EPS for the current fiscal year.

Analyst Ratings Changes

A number of research analysts have weighed in on the stock. Freedom Capital downgraded shares of Shift4 Payments from a “strong-buy” rating to a “hold” rating in a research report on Friday, February 27th. Oppenheimer cut their price target on Shift4 Payments from $112.00 to $98.00 and set an “outperform” rating for the company in a research note on Monday, January 12th. DA Davidson reduced their price target on Shift4 Payments from $104.00 to $82.00 and set a “buy” rating for the company in a report on Monday, March 2nd. Mizuho lowered their price target on Shift4 Payments from $102.00 to $90.00 and set an “outperform” rating on the stock in a research report on Monday, December 22nd. Finally, Benchmark dropped their price objective on Shift4 Payments from $100.00 to $67.00 and set a “buy” rating on the stock in a report on Monday, March 2nd. One analyst has rated the stock with a Strong Buy rating, twelve have issued a Buy rating and nine have issued a Hold rating to the company’s stock. Based on data from MarketBeat.com, the stock has a consensus rating of “Moderate Buy” and a consensus target price of $79.89.

Shift4 Payments Profile

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.