Northwestern Mutual Wealth Management Co. Has $448.28 Million Stake in Corpay, Inc. $CPAY

Northwestern Mutual Wealth Management Co. raised its position in Corpay, Inc. (NYSE:CPAY) by 168,603.9% during the 4th quarter, according to its most recent filing with the Securities and Exchange Commission (SEC). The firm owned 1,489,655 shares of the company’s stock after purchasing an additional 1,488,772 shares during the quarter. Northwestern Mutual Wealth Management Co.’s holdings in Corpay were worth $448,282,000 at the end of the most recent reporting period.

Several other hedge funds and other institutional investors have also recently modified their holdings of the company. Allworth Financial LP raised its stake in shares of Corpay by 77.5% in the 4th quarter. Allworth Financial LP now owns 387 shares of the company’s stock valued at $116,000 after purchasing an additional 169 shares during the period. ABC Arbitrage SA acquired a new stake in shares of Corpay in the 4th quarter valued at about $226,000. Swiss Life Asset Management Ltd raised its stake in shares of Corpay by 339.9% in the 4th quarter. Swiss Life Asset Management Ltd now owns 28,062 shares of the company’s stock valued at $8,445,000 after purchasing an additional 21,683 shares during the period. NewEdge Wealth LLC acquired a new stake in shares of Corpay in the 4th quarter valued at about $284,000. Finally, Sequoia Financial Advisors LLC grew its holdings in shares of Corpay by 167.7% in the 4th quarter. Sequoia Financial Advisors LLC now owns 4,002 shares of the company’s stock valued at $1,204,000 after acquiring an additional 2,507 shares in the last quarter. Institutional investors and hedge funds own 98.84% of the company’s stock.

Corpay Trading Down 0.3%

Corpay stock opened at $328.26 on Friday. 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 1.86, a quick ratio of 0.98 and a current ratio of 0.98. The stock has a market capitalization of $21.46 billion, a P/E ratio of 19.64, a PEG ratio of 0.92 and a beta of 0.81. The stock has a 50-day simple moving average of $311.41 and a 200 day simple moving average of $310.00.

Corpay (NYSE:CPAY) last posted its quarterly earnings results on Thursday, May 7th. The company reported $5.80 EPS for the quarter, topping analysts’ consensus estimates of $5.50 by $0.30. Corpay had a return on equity of 38.68% and a net margin of 24.60%.The business had revenue of $1.26 billion during the quarter, compared to analysts’ expectations of $1.21 billion. During the same quarter last year, the company posted $4.51 earnings per share. Corpay’s quarterly revenue was up 25.4% on a year-over-year basis. Corpay has set its FY 2026 guidance at 26.300-27.100 EPS and its Q2 2026 guidance at 6.450-6.650 EPS. Analysts expect that Corpay, Inc. will post 24.88 earnings per share for the current year.

Analyst Upgrades and Downgrades

Several equities analysts have recently weighed in on CPAY shares. Wall Street Zen upgraded Corpay from a “hold” rating to a “buy” rating in a report on Monday, March 23rd. Cantor Fitzgerald raised their price objective on Corpay from $385.00 to $415.00 and gave the company an “overweight” rating in a report on Monday, February 9th. UBS Group raised their price objective on Corpay from $315.00 to $380.00 and gave the company a “neutral” rating in a report on Tuesday, February 10th. Morgan Stanley restated an “overweight” rating and issued a $400.00 price objective on shares of Corpay in a report on Sunday, May 10th. Finally, Royal Bank Of Canada raised their price objective on Corpay from $344.00 to $363.00 and gave the company a “sector perform” rating in a report on Thursday, February 5th. Eleven investment analysts have rated the stock with a Buy rating and three have issued a Hold rating to the company. According to MarketBeat.com, the stock has an average rating of “Moderate Buy” and a consensus target price of $375.58.

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.