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Morningstar

Morningstar

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Oct 30, 2026

Global Payments Inc.: Global Payments: Reports of Potential Buyout by Private Equity Firm

Symbols

GPN

Sector(s)

Industrials

Rating

Current Price

96.84

Fair Value

Economic Moat

Stewardship

Summary

Global Payments is a leading provider of payment processing and software solutions and historically focused on serving small and midsize merchants. The Worldpay acquisition pushes the company into the large merchant space and expands the company's international operations.

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Analyst Profile

Brett Horn

Senior Equity Analyst

Brett Horn, CFA, is a senior equity analyst for Morningstar Research Services LLC, a wholly owned subsidiary of Morningstar, Inc. He covers insurers and credit bureaus. He also oversees the equity research team's stewardship rating methodology.Before joining Morningstar in 2006, Horn worked in the banking industry for about a decade, most recently as a commercial loan officer for First Bank, where he was responsible for underwriting loans and managing relationships with middle market clients. Before that, Horn worked for Mizuho Corporate Bank, where he managed loan portfolios and client relationships, primarily with Fortune 500 companies. Horn holds a bachelor's degree in business administration, with a concentration in finance, from the University of Wisconsin and a master's degree in business administration from the University of Illinois. He also holds the Chartered Financial Analyst® designation. He ranked first in the business and industrial services industry in The Wall Street Journal's annual "Best on the Street" analysts survey in 2013, the last year the survey was conducted.

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