Triglav Investments D.O.O. Buys New Stake in Corpay, Inc. $CPAY

Triglav Investments D.O.O. bought a new stake in shares of Corpay, Inc. (NYSE:CPAY) in the 4th quarter, according to its most recent disclosure with the Securities & Exchange Commission. The firm bought 2,159 shares of the company’s stock, valued at approximately $650,000.

Several other institutional investors also recently bought and sold shares of CPAY. Northwestern Mutual Wealth Management Co. grew its stake in Corpay by 168,603.9% during the fourth quarter. Northwestern Mutual Wealth Management Co. now owns 1,489,655 shares of the company’s stock valued at $448,282,000 after acquiring an additional 1,488,772 shares in the last quarter. M&T Bank Corp grew its stake in Corpay by 4,657.7% during the fourth quarter. M&T Bank Corp now owns 1,044,074 shares of the company’s stock valued at $314,193,000 after acquiring an additional 1,022,129 shares in the last quarter. Hawk Ridge Capital Management LP purchased a new position in Corpay during the third quarter valued at $106,381,000. Wellington Management Group LLP grew its stake in Corpay by 54.9% during the third quarter. Wellington Management Group LLP now owns 631,496 shares of the company’s stock valued at $181,909,000 after acquiring an additional 223,704 shares in the last quarter. Finally, Squarepoint Ops LLC grew its stake in Corpay by 7,044.2% during the third quarter. Squarepoint Ops LLC now owns 135,454 shares of the company’s stock valued at $39,019,000 after acquiring an additional 133,558 shares in the last quarter. 98.84% of the stock is owned by hedge funds and other institutional investors.

Corpay Price Performance

CPAY stock opened at $362.35 on Friday. Corpay, Inc. has a 12 month low of $252.84 and a 12 month high of $364.24. The company has a current ratio of 0.98, a quick ratio of 0.98 and a debt-to-equity ratio of 1.86. The company has a 50-day moving average price of $318.29 and a 200 day moving average price of $315.64. The stock has a market cap of $23.68 billion, a PE ratio of 21.68, a P/E/G ratio of 0.96 and a beta of 0.81.

Corpay (NYSE:CPAY) last announced its quarterly earnings data on Thursday, May 7th. The company reported $5.80 earnings per share (EPS) for the quarter, topping the consensus estimate of $5.50 by $0.30. The business had revenue of $1.26 billion during the quarter, compared to the consensus estimate of $1.21 billion. Corpay had a net margin of 24.60% and a return on equity of 38.68%. The firm’s quarterly revenue was up 25.4% compared to the same quarter last year. During the same quarter last year, the firm earned $4.51 earnings per share. Corpay has set its FY 2026 guidance at 26.300-27.100 EPS and its Q2 2026 guidance at 6.450-6.650 EPS. Equities research analysts anticipate that Corpay, Inc. will post 25.49 earnings per share for the current year.

Analysts Set New Price Targets

CPAY has been the subject of several research reports. Weiss Ratings upgraded shares of Corpay from a “hold (c+)” rating to a “buy (b-)” rating in a research report on Monday, April 27th. UBS Group increased their price target on shares of Corpay from $315.00 to $380.00 and gave the company a “neutral” rating in a report on Tuesday, February 10th. Morgan Stanley reiterated an “overweight” rating and issued a $400.00 price target on shares of Corpay in a research report on Sunday, May 10th. Oppenheimer reiterated an “outperform” rating and issued a $388.00 price target on shares of Corpay in a research report on Friday, May 8th. Finally, Mizuho lifted their price target on Corpay from $320.00 to $340.00 and gave the stock a “neutral” rating in a research report on Friday, February 6th. Twelve investment analysts have rated the stock with a Buy rating and three have assigned a Hold rating to the stock. According to MarketBeat, Corpay currently has an average rating of “Moderate Buy” and an average target price of $377.92.

Insider Transactions at Corpay

In other Corpay news, insider Armando Lins Netto sold 2,694 shares of the firm’s stock in a transaction dated Friday, May 29th. The shares were sold at an average price of $357.01, for a total value of $961,784.94. Following the completion of the sale, the insider owned 15,834 shares of the company’s stock, valued at $5,652,896.34. This trade represents a 14.54% decrease in their ownership of the stock. The sale was disclosed in a document filed with the Securities & Exchange Commission, which is available at this hyperlink. Insiders have sold a total of 17,201 shares of company stock valued at $6,126,597 over the last ninety days. 5.19% of the stock is owned by company insiders.

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.