Tredje AP fonden Grows Position in Corpay, Inc. $CPAY

Tredje AP fonden increased its stake in shares of Corpay, Inc. (NYSE:CPAY) by 54.0% in the third quarter, according to the company in its most recent Form 13F filing with the SEC. The fund owned 8,877 shares of the company’s stock after acquiring an additional 3,112 shares during the quarter. Tredje AP fonden’s holdings in Corpay were worth $2,557,000 at the end of the most recent quarter.

Other institutional investors and hedge funds also recently bought and sold shares of the company. CVA Family Office LLC lifted its stake in Corpay by 56.7% in the 2nd quarter. CVA Family Office LLC now owns 94 shares of the company’s stock worth $31,000 after purchasing an additional 34 shares in the last quarter. Root Financial Partners LLC bought a new stake in shares of Corpay in the third quarter worth about $40,000. Mather Group LLC. bought a new stake in shares of Corpay in the third quarter worth about $49,000. CYBER HORNET ETFs LLC purchased a new stake in shares of Corpay in the second quarter worth about $63,000. Finally, Hazlett Burt & Watson Inc. boosted its stake in Corpay by 100.0% during the third quarter. Hazlett Burt & Watson Inc. now owns 200 shares of the company’s stock valued at $58,000 after buying an additional 100 shares during the last quarter. 98.84% of the stock is currently owned by institutional investors.

Insider Transactions at Corpay

In other news, CAO Alissa B. Vickery sold 1,701 shares of the company’s stock in a transaction that occurred on Tuesday, February 10th. The stock was sold at an average price of $358.65, for a total transaction 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 this link. Also, Director Steven T. Stull purchased 8,000 shares of the firm’s stock in a transaction that occurred on Friday, December 12th. The shares were acquired at an average cost of $314.98 per share, with a total value of $2,519,840.00. Following the completion of the purchase, the director directly owned 29,241 shares in the company, valued at $9,210,330.18. The trade was a 37.66% increase in their position. Additional details regarding this purchase are available in the official SEC disclosure. Corporate insiders own 5.04% of the company’s stock.

Wall Street Analyst Weigh In

CPAY has been the topic of a number of research reports. Scotiabank raised Corpay to a “sector outperform” rating in a research note on Monday, January 26th. Mizuho raised their target price on shares of Corpay from $320.00 to $340.00 and gave the company a “neutral” rating in a report on Friday, February 6th. Royal Bank Of Canada upped their price target on shares of Corpay from $344.00 to $363.00 and gave the company a “sector perform” rating in a research note on Thursday, February 5th. UBS Group increased their price objective on shares of Corpay from $315.00 to $380.00 and gave the company a “neutral” rating in a research report on Tuesday, February 10th. Finally, Oppenheimer restated an “outperform” rating and issued a $378.00 target price on shares of Corpay in a report on Thursday, February 5th. Ten investment analysts have rated the stock with a Buy rating and five have issued a Hold rating to the stock. According to MarketBeat.com, the stock presently has an average rating of “Moderate Buy” and a consensus price target of $379.79.

Corpay Stock Up 1.6%

NYSE CPAY opened at $352.78 on Friday. The company has a quick ratio of 1.13, a current ratio of 0.98 and a debt-to-equity ratio of 1.70. The company has a fifty day moving average of $321.86 and a two-hundred day moving average of $305.69. The firm has a market capitalization of $24.68 billion, a price-to-earnings ratio of 23.46, a PEG ratio of 1.02 and a beta of 0.82. Corpay, Inc. has a 52 week low of $252.84 and a 52 week high of $377.56.

Corpay (NYSE:CPAY) last announced its 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. The business had revenue of $1.25 billion for the quarter, compared to the consensus estimate of $1.23 billion. Corpay had a net margin of 23.62% and a return on equity of 37.13%. The business’s revenue for the quarter was up 20.7% on a year-over-year basis. During the same quarter in the prior year, the firm posted $5.36 earnings per share. 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, analysts predict that Corpay, Inc. will post 19.76 earnings per share 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.