Avanza Fonder AB Makes New $633,000 Investment in Corpay, Inc. $CPAY

Avanza Fonder AB bought a new position in shares of Corpay, Inc. (NYSE:CPAY) during the 4th quarter, according to the company in its most recent 13F filing with the Securities & Exchange Commission. The institutional investor bought 2,103 shares of the company’s stock, valued at approximately $633,000.

A number of other hedge funds and other institutional investors also recently made changes to their positions in the business. Y Intercept Hong Kong Ltd raised its stake in shares of Corpay by 1,513.1% in the third quarter. Y Intercept Hong Kong Ltd now owns 25,891 shares of the company’s stock worth $7,458,000 after acquiring an additional 24,286 shares during the last quarter. Hussman Strategic Advisors Inc. lifted its position in shares of Corpay by 100.0% during the third quarter. Hussman Strategic Advisors Inc. now owns 8,400 shares of the company’s stock worth $2,420,000 after purchasing an additional 4,200 shares in the last quarter. Mitsubishi UFJ Asset Management Co. Ltd. grew its stake in shares of Corpay by 5.6% during the third quarter. Mitsubishi UFJ Asset Management Co. Ltd. now owns 138,858 shares of the company’s stock valued at $39,999,000 after purchasing an additional 7,397 shares during the last quarter. Hendershot Investments Inc. grew its stake in shares of Corpay by 11.8% during the second quarter. Hendershot Investments Inc. now owns 37,651 shares of the company’s stock valued at $12,493,000 after purchasing an additional 3,970 shares during the last quarter. Finally, Vanguard Group Inc. increased its holdings in shares of Corpay by 0.7% in the third quarter. Vanguard Group Inc. now owns 8,182,672 shares of the company’s stock valued at $2,357,100,000 after purchasing an additional 58,235 shares in the last quarter. 98.84% of the stock is currently owned by institutional investors and hedge funds.

Corpay Price Performance

CPAY opened at $291.97 on Thursday. The company has a fifty day moving average price of $322.73 and a two-hundred day moving average price of $305.36. The firm has a market capitalization of $20.43 billion, a PE ratio of 19.41, a P/E/G ratio of 0.85 and a beta of 0.80. Corpay, Inc. has a 52 week low of $252.84 and a 52 week high of $361.99. The company has a debt-to-equity ratio of 1.70, a quick ratio of 0.98 and a current ratio of 0.98.

Corpay (NYSE:CPAY) last posted its quarterly earnings results on Wednesday, February 4th. The company reported $6.04 earnings per share for the quarter, beating analysts’ consensus estimates 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 for the quarter, compared to the consensus estimate of $1.23 billion. During the same quarter in the prior year, the business posted $5.36 EPS. The firm’s quarterly revenue was up 20.7% on a year-over-year basis. Corpay has set its FY 2026 guidance at 25.500-26.500 EPS and its Q1 2026 guidance at 5.380-5.520 EPS. As a group, analysts anticipate that Corpay, Inc. will post 19.76 earnings per share for the current year.

Wall Street Analyst Weigh In

Several research analysts recently weighed in on CPAY shares. Cantor Fitzgerald boosted their price objective on shares of Corpay from $385.00 to $415.00 and gave the stock an “overweight” rating in a research report on Monday, February 9th. Morgan Stanley lifted their target price on Corpay from $379.00 to $390.00 and gave the company an “overweight” rating in a research note on Thursday, February 5th. Weiss Ratings restated a “hold (c+)” rating on shares of Corpay in a research report on Monday, December 29th. Scotiabank raised Corpay to a “sector outperform” rating in a research note on Monday, January 26th. Finally, Mizuho raised their price target on Corpay from $320.00 to $340.00 and gave the company a “neutral” rating in a report on Friday, February 6th. Ten investment analysts have rated the stock with a Buy rating and five have assigned a Hold rating to the company. Based on data from MarketBeat.com, Corpay presently has an average rating of “Moderate Buy” and an average target price of $377.57.

Insider Buying and Selling

In other Corpay news, CAO Alissa B. Vickery sold 1,701 shares of the stock in a transaction dated Tuesday, February 10th. The stock was 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 filing with the SEC, which can be accessed through the SEC website. Corporate insiders own 5.04% of the company’s stock.

Corpay Company 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.