Andra AP fonden lifted its holdings in shares of Corpay, Inc. (NYSE:CPAY – Free Report) by 56,150.0% during the third quarter, according to the company in its most recent Form 13F filing with the Securities and Exchange Commission (SEC). The firm owned 40,500 shares of the company’s stock after purchasing an additional 40,428 shares during the quarter. Andra AP fonden owned 0.06% of Corpay worth $11,666,000 at the end of the most recent quarter.
Several other institutional investors have also added to or reduced their stakes in the stock. Y Intercept Hong Kong Ltd lifted its stake in Corpay by 1,513.1% in the 3rd quarter. Y Intercept Hong Kong Ltd now owns 25,891 shares of the company’s stock valued at $7,458,000 after acquiring an additional 24,286 shares in the last quarter. Hussman Strategic Advisors Inc. grew its position in shares of Corpay by 100.0% in the 3rd quarter. Hussman Strategic Advisors Inc. now owns 8,400 shares of the company’s stock valued at $2,420,000 after acquiring an additional 4,200 shares during the period. Hendershot Investments Inc. grew its holdings in Corpay by 11.8% during the second quarter. Hendershot Investments Inc. now owns 37,651 shares of the company’s stock worth $12,493,000 after purchasing an additional 3,970 shares during the period. Kestra Investment Management LLC boosted its stake in shares of Corpay by 55,800.0% during the 2nd quarter. Kestra Investment Management LLC now owns 3,354 shares of the company’s stock worth $1,113,000 after acquiring an additional 3,348 shares during the period. Finally, Anchor Capital Advisors LLC raised its holdings in Corpay by 27.3% in the 3rd quarter. Anchor Capital Advisors LLC now owns 116,637 shares of the company’s stock valued at $33,598,000 after acquiring an additional 25,047 shares during the period. 98.84% of the stock is owned by institutional investors.
Analyst Ratings Changes
CPAY has been the topic of several analyst reports. Williams Trading set a $300.00 target price on Corpay in a report on Monday, November 3rd. Royal Bank Of Canada raised their price objective on Corpay from $344.00 to $363.00 and gave the company a “sector perform” rating in a report on Thursday, February 5th. Cantor Fitzgerald upped their price target on shares of Corpay from $385.00 to $415.00 and gave the company an “overweight” rating in a research report on Monday, February 9th. Mizuho raised their price objective on Corpay from $320.00 to $340.00 and gave the stock a “neutral” rating in a research report on Friday, February 6th. Finally, Oppenheimer reaffirmed an “outperform” rating and set a $378.00 price target on shares of Corpay in a research report on Thursday, February 5th. Ten research analysts have rated the stock with a Buy rating and five have given a Hold rating to the company. Based on data from MarketBeat.com, the company has a consensus rating of “Moderate Buy” and a consensus target price of $379.79.
Insider Activity at Corpay
In other news, CAO Alissa B. Vickery sold 1,701 shares of the company’s stock in a transaction on Tuesday, February 10th. The shares were sold at an average price of $358.65, for a total value of $610,063.65. Following the transaction, the chief accounting officer owned 2,180 shares of the company’s stock, valued at approximately $781,857. This represents a 43.83% decrease in their ownership of the stock. The transaction was disclosed in a document filed with the SEC, which can be accessed through the SEC website. Also, Director Steven T. Stull bought 8,000 shares of Corpay stock in a transaction that occurred on Friday, December 12th. The shares were acquired at an average price of $314.98 per share, with a total value of $2,519,840.00. Following the completion of the transaction, the director owned 29,241 shares of the company’s stock, valued at $9,210,330.18. This represents a 37.66% increase in their ownership of the stock. Additional details regarding this purchase are available in the official SEC disclosure. 5.04% of the stock is currently owned by insiders.
Corpay Stock Down 2.9%
CPAY opened at $324.31 on Friday. The company has a market cap of $22.69 billion, a PE ratio of 21.56, a price-to-earnings-growth ratio of 0.96 and a beta of 0.82. The company has a 50 day moving average of $324.06 and a 200 day moving average of $306.59. Corpay, Inc. has a 12 month low of $252.84 and a 12 month high of $375.61. The company has a current ratio of 0.98, a quick ratio of 1.13 and a debt-to-equity ratio of 1.70.
Corpay (NYSE:CPAY – Get Free Report) last announced its quarterly earnings results on Wednesday, February 4th. The company reported $6.04 earnings per share for the quarter, beating the consensus estimate of $5.93 by $0.11. Corpay had a return on equity of 37.13% and a net margin of 23.62%.The company had revenue of $1.25 billion during the quarter, compared to analysts’ expectations of $1.23 billion. During the same period in the previous year, the business earned $5.36 earnings per share. The firm’s quarterly revenue was up 20.7% compared to the same quarter last year. Corpay has set its FY 2026 guidance at 25.500-26.500 EPS and its Q1 2026 guidance at 5.380-5.520 EPS. On average, sell-side analysts expect that Corpay, Inc. will post 19.76 EPS for the current year.
Corpay Profile
Corpay (NYSE:CPAY) is a global payments and fintech company that provides businesses with tools to manage, move and optimize corporate spend. The company focuses on commercial payments, foreign exchange and cross-border transactions, aiming to simplify treasury operations and reduce friction in business-to-business payments through technology-driven solutions.
Its product offering includes payment processing and accounts payable automation, corporate and virtual card programs, expense management tools, and foreign-exchange hedging and execution services for international payments.
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