Wealth Enhancement Advisory Services LLC grew its holdings in Corpay, Inc. (NYSE:CPAY – Free Report) by 105.9% during the fourth quarter, Holdings Channel.com reports. The firm owned 6,475 shares of the company’s stock after acquiring an additional 3,331 shares during the period. 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 also recently made changes to their positions in CPAY. Integrated Wealth Concepts LLC acquired a new position in Corpay during the 1st quarter worth about $207,000. Woodline Partners LP grew its holdings in Corpay by 39.3% during the 1st quarter. Woodline Partners LP now owns 5,890 shares of the company’s stock worth $2,054,000 after acquiring an additional 1,661 shares during the last quarter. Intech Investment Management LLC increased its position in Corpay by 30.4% in the 1st quarter. Intech Investment Management LLC now owns 3,341 shares of the company’s stock valued at $1,165,000 after acquiring an additional 778 shares in the last quarter. Northwestern Mutual Wealth Management Co. raised its stake in shares of Corpay by 4.8% in the second quarter. Northwestern Mutual Wealth Management Co. now owns 846 shares of the company’s stock worth $281,000 after acquiring an additional 39 shares during the last quarter. Finally, Invesco Ltd. lifted its position in shares of Corpay by 4.4% during the second quarter. Invesco Ltd. now owns 1,978,930 shares of the company’s stock worth $656,649,000 after purchasing an additional 84,198 shares in the last quarter. Institutional investors own 98.84% of the company’s stock.
Wall Street Analyst Weigh In
Several analysts have recently commented on CPAY shares. Cantor Fitzgerald increased their price target on shares of Corpay from $385.00 to $415.00 and gave the company an “overweight” rating in a research note on Monday, February 9th. Scotiabank raised Corpay to a “sector outperform” rating in a report on Monday, January 26th. Robert W. Baird decreased their price objective on Corpay from $440.00 to $380.00 and set an “outperform” rating on the stock in a research report on Tuesday. Royal Bank Of Canada lifted their target price on Corpay from $344.00 to $363.00 and gave the company a “sector perform” rating in a research note on Thursday, February 5th. Finally, JPMorgan Chase & Co. boosted their target price on Corpay from $350.00 to $390.00 and gave the stock an “overweight” rating in a research report on Thursday, February 5th. Eleven equities research analysts have rated the stock with a Buy rating and five have issued a Hold rating to the stock. Based on data from MarketBeat.com, the company has a consensus rating of “Moderate Buy” and a consensus price target of $373.29.
Insiders Place Their Bets
In other Corpay news, CAO Alissa B. Vickery sold 1,701 shares of the firm’s stock in a transaction dated 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 in the company, valued at approximately $781,857. This trade represents a 43.83% decrease in their ownership of the stock. The sale was disclosed in a filing with the Securities & Exchange Commission, which is accessible through the SEC website. Insiders own 5.04% of the company’s stock.
Corpay Trading Up 1.4%
CPAY opened at $293.61 on Friday. The firm has a 50 day simple moving average of $319.13 and a 200 day simple moving average of $304.58. Corpay, Inc. has a fifty-two week low of $252.84 and a fifty-two week high of $361.99. The company has a market cap of $20.54 billion, a price-to-earnings ratio of 19.52, a price-to-earnings-growth 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 released its earnings results on Wednesday, February 4th. The company reported $6.04 EPS for the quarter, topping analysts’ consensus estimates of $5.93 by $0.11. The firm had revenue of $1.25 billion during the quarter, compared to analyst estimates of $1.23 billion. Corpay had a net margin of 23.62% and a return on equity of 37.13%. The business’s quarterly revenue was up 20.7% compared to the same quarter last year. During the same quarter in the previous year, the business earned $5.36 EPS. 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 anticipate that Corpay, Inc. will post 19.76 earnings per share for the current year.
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.
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