Wealth Enhancement Advisory Services LLC increased its stake in shares of Corpay, Inc. (NYSE:CPAY – Free Report) by 105.9% during the fourth quarter, according to its most recent disclosure with the Securities and Exchange Commission. The firm owned 6,475 shares of the company’s stock after acquiring an additional 3,331 shares during the quarter. Wealth Enhancement Advisory Services LLC’s holdings in Corpay were worth $2,057,000 at the end of the most recent reporting period.
Several other large investors have also recently bought and sold shares of CPAY. BOKF NA grew its position in Corpay by 4,700.0% in the 3rd quarter. BOKF NA now owns 96 shares of the company’s stock worth $28,000 after purchasing an additional 94 shares during the last quarter. Root Financial Partners LLC acquired a new position in shares of Corpay during the third quarter valued at about $40,000. Board of the Pension Protection Fund bought a new stake in shares of Corpay in the fourth quarter valued at about $48,000. Advisory Services Network LLC acquired a new stake in Corpay during the third quarter worth about $48,000. Finally, Mather Group LLC. bought a new position in Corpay during the third quarter valued at about $49,000. 98.84% of the stock is currently owned by institutional investors and hedge funds.
Wall Street Analyst Weigh In
A number of brokerages have commented on CPAY. Morgan Stanley raised their price objective on Corpay from $379.00 to $390.00 and gave the stock an “overweight” rating in a research report on Thursday, February 5th. Robert W. Baird cut their target price on Corpay from $440.00 to $380.00 and set an “outperform” rating for the company in a research note on Tuesday. Wall Street Zen raised Corpay from a “hold” rating to a “buy” rating in a research report on Monday, March 23rd. UBS Group lifted their price target on shares of Corpay from $315.00 to $380.00 and gave the stock a “neutral” rating in a research note on Tuesday, February 10th. Finally, Scotiabank raised shares of Corpay to a “sector outperform” rating in a report on Monday, January 26th. Eleven investment analysts have rated the stock with a Buy rating and five have assigned a Hold rating to the company’s stock. According to data from MarketBeat, the stock presently has an average rating of “Moderate Buy” and an average price target of $373.29.
Corpay Price Performance
Shares of CPAY stock opened at $293.61 on Friday. The stock’s fifty day simple moving average is $319.13 and its 200 day simple moving average is $304.58. Corpay, Inc. has a one year low of $252.84 and a one year high of $361.99. The firm has a market cap of $20.54 billion, a price-to-earnings ratio of 19.52, a P/E/G ratio of 0.84 and a beta of 0.85. The company has a debt-to-equity ratio of 1.70, a current ratio of 0.98 and a quick ratio of 0.98.
Corpay (NYSE:CPAY – Get Free Report) last issued its quarterly earnings data on Wednesday, February 4th. The company reported $6.04 earnings per share (EPS) 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 during the quarter, compared to analysts’ expectations of $1.23 billion. During the same period last year, the business earned $5.36 earnings per share. The business’s 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. On average, analysts expect that Corpay, Inc. will post 19.76 earnings per share for the current fiscal year.
Insider Transactions at Corpay
In related news, CAO Alissa B. Vickery sold 1,701 shares of Corpay stock in a transaction dated Tuesday, February 10th. The shares were sold at an average price of $358.65, for a total transaction of $610,063.65. Following the completion of the transaction, the chief accounting officer directly owned 2,180 shares of the company’s stock, valued at $781,857. This trade represents a 43.83% decrease in their position. The sale was disclosed in a document filed with the SEC, which is available at this hyperlink. 5.04% of the stock is owned by corporate insiders.
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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