Brown Advisory Inc. Invests $37.52 Million in Euronet Worldwide, Inc. $EEFT

by · The Markets Daily

Brown Advisory Inc. acquired a new position in shares of Euronet Worldwide, Inc. (NASDAQ:EEFT – Free Report) during the fourth quarter, according to the company in its most recent Form 13F filing with the Securities and Exchange Commission. The institutional investor acquired 493,009 shares of the business services provider’s stock, valued at approximately $37,523,000.

A number of other institutional investors and hedge funds also recently made changes to their positions in EEFT. Johnson Financial Group Inc. bought a new position in shares of Euronet Worldwide during the 3rd quarter worth about $26,000. Danske Bank A S bought a new position in shares of Euronet Worldwide during the 3rd quarter worth about $26,000. Geneos Wealth Management Inc. boosted its position in shares of Euronet Worldwide by 48.4% during the 1st quarter. Geneos Wealth Management Inc. now owns 334 shares of the business services provider’s stock worth $36,000 after purchasing an additional 109 shares in the last quarter. Abich Financial Wealth Management LLC bought a new position in shares of Euronet Worldwide during the 3rd quarter worth about $37,000. Finally, Kestra Advisory Services LLC bought a new position in shares of Euronet Worldwide during the 4th quarter worth about $38,000. Institutional investors own 91.60% of the company’s stock.

Euronet Worldwide Trading Up 0.4%

NASDAQ:EEFT opened at $66.90 on Tuesday. The company has a debt-to-equity ratio of 1.29, a quick ratio of 1.28 and a current ratio of 1.28. The firm has a market cap of $2.55 billion, a price-to-earnings ratio of 9.65, a price-to-earnings-growth ratio of 0.52 and a beta of 0.83. Euronet Worldwide, Inc. has a 52 week low of $62.50 and a 52 week high of $109.53. The firm has a 50-day moving average price of $70.00 and a two-hundred day moving average price of $71.76.

Euronet Worldwide (NASDAQ:EEFT – Get Free Report) last posted its quarterly earnings data on Wednesday, April 29th. The business services provider reported $1.58 EPS for the quarter, beating the consensus estimate of $1.42 by $0.16. The firm had revenue of $1.01 billion during the quarter, compared to analyst estimates of $969.68 million. Euronet Worldwide had a net margin of 7.15% and a return on equity of 28.37%. The company’s revenue for the quarter was up 10.5% on a year-over-year basis. During the same quarter last year, the business posted $1.13 EPS. Euronet Worldwide has set its FY 2026 guidance at 10.570-11.050 EPS. On average, equities analysts expect that Euronet Worldwide, Inc. will post 9.83 earnings per share for the current fiscal year.

Insider Buying and Selling

In other news, Director Thomas A. Mcdonnell acquired 3,000 shares of the firm’s stock in a transaction on Tuesday, May 26th. The stock was purchased at an average price of $66.87 per share, for a total transaction of $200,610.00. Following the purchase, the director owned 100,219 shares in the company, valued at approximately $6,701,644.53. This represents a 3.09% increase in their position. The purchase was disclosed in a document filed with the SEC, which can be accessed through the SEC website. Company insiders own 12.19% of the company’s stock.

Analyst Ratings Changes

Several equities analysts recently weighed in on EEFT shares. DA Davidson dropped their price target on shares of Euronet Worldwide from $112.00 to $102.00 and set a “buy” rating on the stock in a research report on Tuesday, April 14th. Needham & Company LLC reaffirmed a “buy” rating and issued a $85.00 price target on shares of Euronet Worldwide in a research report on Friday, May 22nd. Finally, Weiss Ratings cut shares of Euronet Worldwide from a “hold (c-)” rating to a “sell (d+)” rating in a research report on Thursday, April 2nd. Three equities research analysts have rated the stock with a Buy rating, two have given a Hold rating and two have given a Sell rating to the stock. According to MarketBeat.com, the company presently has an average rating of “Hold” and an average target price of $95.00.

View Our Latest Report on Euronet Worldwide

About Euronet Worldwide

(Free Report)

Euronet Worldwide, Inc is a global financial technology company specializing in electronic payment services and transaction processing. Through its three primary business segments—Electronic Funds Transfer (EFT) Network Services, epay® Prepaid and Payment Services, and Money Transfer—Euronet provides end-to-end solutions that enable secure, efficient and convenient payments for consumers, financial institutions and retailers worldwide.

In its EFT Network Services arm, Euronet operates one of the world’s largest ATM and point-of-sale (POS) terminal networks, offering deployment, management and connectivity services.

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