Brown Brothers Harriman & Co. Boosts Stock Position in Shift4 Payments, Inc. $FOUR

Brown Brothers Harriman & Co. lifted its holdings in shares of Shift4 Payments, Inc. (NYSE:FOUR) by 12.3% in the 3rd quarter, according to the company in its most recent 13F filing with the Securities and Exchange Commission (SEC). The firm owned 1,068,801 shares of the company’s stock after buying an additional 117,182 shares during the quarter. Brown Brothers Harriman & Co. owned approximately 1.21% of Shift4 Payments worth $82,725,000 as of its most recent SEC filing.

Other institutional investors and hedge funds also recently added to or reduced their stakes in the company. Advisors Asset Management Inc. lifted its stake in Shift4 Payments by 100.0% in the 1st quarter. Advisors Asset Management Inc. now owns 434 shares of the company’s stock valued at $35,000 after buying an additional 217 shares in the last quarter. Allworth Financial LP raised its stake in Shift4 Payments by 410.9% in the 2nd quarter. Allworth Financial LP now owns 281 shares of the company’s stock valued at $28,000 after purchasing an additional 226 shares during the last quarter. PNC Financial Services Group Inc. lifted its holdings in Shift4 Payments by 1.0% in the 2nd quarter. PNC Financial Services Group Inc. now owns 13,301 shares of the company’s stock valued at $1,318,000 after purchasing an additional 136 shares in the last quarter. Geode Capital Management LLC lifted its holdings in Shift4 Payments by 2.9% in the 2nd quarter. Geode Capital Management LLC now owns 1,267,421 shares of the company’s stock valued at $125,635,000 after purchasing an additional 35,635 shares in the last quarter. Finally, Police & Firemen s Retirement System of New Jersey boosted its stake in Shift4 Payments by 11.6% during the 2nd quarter. Police & Firemen s Retirement System of New Jersey now owns 25,026 shares of the company’s stock worth $2,480,000 after purchasing an additional 2,593 shares during the last quarter. Hedge funds and other institutional investors own 98.87% of the company’s stock.

Insider Activity at Shift4 Payments

In other news, major shareholder Jared Isaacman bought 159,244 shares of the business’s stock in a transaction that occurred on Friday, February 27th. The shares were purchased at an average cost of $44.15 per share, for a total transaction of $7,030,622.60. Following the completion of the purchase, the insider owned 1,321,207 shares of the company’s stock, valued at approximately $58,331,289.05. This represents a 13.70% increase in their ownership of the stock. The acquisition was disclosed in a legal filing with the Securities & Exchange Commission, which can be accessed through this hyperlink. Insiders bought 385,757 shares of company stock worth $17,666,153 over the last three months. Insiders own 25.15% of the company’s stock.

Analyst Upgrades and Downgrades

FOUR has been the subject of several research reports. Benchmark dropped their price objective on shares of Shift4 Payments from $100.00 to $67.00 and set a “buy” rating for the company in a research note on Monday, March 2nd. Loop Capital set a $80.00 price objective on Shift4 Payments in a research report on Thursday, December 11th. Raymond James Financial reissued a “strong-buy” rating and set a $67.00 price objective on shares of Shift4 Payments in a research note on Thursday, February 26th. Weiss Ratings reaffirmed a “hold (c)” rating on shares of Shift4 Payments in a research note on Monday, December 29th. Finally, Mizuho lowered their price target on shares of Shift4 Payments from $102.00 to $90.00 and set an “outperform” rating on the stock in a research report on Monday, December 22nd. One analyst has rated the stock with a Strong Buy rating, twelve have given a Buy rating and nine have given a Hold rating to the company’s stock. Based on data from MarketBeat.com, the company has an average rating of “Moderate Buy” and a consensus target price of $79.89.

Shift4 Payments Price Performance

FOUR opened at $43.36 on Friday. The stock’s 50-day moving average price is $57.63 and its 200 day moving average price is $68.76. Shift4 Payments, Inc. has a 12-month low of $43.01 and a 12-month high of $108.50. The firm has a market cap of $3.84 billion, a price-to-earnings ratio of 41.30, a PEG ratio of 0.33 and a beta of 1.65. 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 (NYSE:FOUR) last issued its quarterly earnings results on Thursday, February 26th. The company reported $1.60 earnings per share (EPS) for the quarter, topping the consensus estimate of $1.56 by $0.04. The business had revenue of $610.00 million for the quarter, compared to analysts’ expectations of $1.20 billion. Shift4 Payments had a net margin of 2.84% and a return on equity of 39.27%. The business’s quarterly revenue was up 50.6% on a year-over-year basis. During the same quarter in the prior year, the company earned $1.35 earnings per share. Shift4 Payments has set its FY 2026 guidance at 5.500-5.700 EPS. As a group, sell-side analysts expect that Shift4 Payments, Inc. will post 3.7 earnings per share for the current year.

About Shift4 Payments

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.