Triglav Investments D.O.O. Acquires Shares of 2,159 Corpay, Inc. $CPAY

Triglav Investments D.O.O. acquired a new stake in Corpay, Inc. (NYSE:CPAY) in the 4th quarter, according to its most recent Form 13F filing with the Securities and Exchange Commission. The fund acquired 2,159 shares of the company’s stock, valued at approximately $650,000.

Several other large investors also recently added to or reduced their stakes in CPAY. Northwestern Mutual Wealth Management Co. boosted its position in Corpay by 168,603.9% in the 4th quarter. Northwestern Mutual Wealth Management Co. now owns 1,489,655 shares of the company’s stock valued at $448,282,000 after buying an additional 1,488,772 shares during the period. M&T Bank Corp boosted its position in Corpay by 4,657.7% in the 4th quarter. M&T Bank Corp now owns 1,044,074 shares of the company’s stock valued at $314,193,000 after buying an additional 1,022,129 shares during the period. Hawk Ridge Capital Management LP purchased a new stake in Corpay in the 3rd quarter valued at about $106,381,000. Wellington Management Group LLP boosted its position in Corpay by 54.9% in the 3rd quarter. Wellington Management Group LLP now owns 631,496 shares of the company’s stock valued at $181,909,000 after buying an additional 223,704 shares during the period. Finally, Squarepoint Ops LLC boosted its position in Corpay by 7,044.2% in the 3rd quarter. Squarepoint Ops LLC now owns 135,454 shares of the company’s stock valued at $39,019,000 after buying an additional 133,558 shares during the period. 98.84% of the stock is owned by hedge funds and other institutional investors.

Corpay Trading Up 2.8%

NYSE CPAY opened at $362.35 on Friday. The company has a quick ratio of 0.98, a current ratio of 0.98 and a debt-to-equity ratio of 1.86. The firm has a market cap of $23.68 billion, a PE ratio of 21.68, a price-to-earnings-growth ratio of 0.96 and a beta of 0.81. The company has a 50 day moving average price of $318.29 and a 200 day moving average price of $315.64. Corpay, Inc. has a 52 week low of $252.84 and a 52 week high of $364.24.

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

Analyst Ratings Changes

CPAY has been the subject of several research reports. Weiss Ratings raised shares of Corpay from a “hold (c+)” rating to a “buy (b-)” rating in a research report on Monday, April 27th. Morgan Stanley restated an “overweight” rating and issued a $400.00 price target on shares of Corpay in a report on Sunday, May 10th. Royal Bank Of Canada upped their price target on shares of Corpay from $344.00 to $363.00 and gave the stock a “sector perform” rating in a research report on Thursday, February 5th. Loop Capital started coverage on shares of Corpay in a research report on Monday, May 18th. They issued a “buy” rating and a $406.00 price target for the company. Finally, JPMorgan Chase & Co. upped their price target on shares of Corpay from $350.00 to $390.00 and gave the stock an “overweight” rating in a research report on Thursday, February 5th. Twelve equities research analysts have rated the stock with a Buy rating and three have issued a Hold rating to the company’s stock. According to MarketBeat, the company has a consensus rating of “Moderate Buy” and a consensus price target of $377.92.

Insider Activity at Corpay

In related news, insider Armando Lins Netto sold 14,089 shares of the business’s stock in a transaction that occurred on Thursday, May 28th. The shares were sold at an average price of $356.05, for a total transaction of $5,016,388.45. Following the completion of the transaction, the insider owned 18,528 shares in the company, valued at $6,596,894.40. The trade was a 43.20% decrease in their position. The transaction was disclosed in a legal filing with the SEC, which is available through this link. In the last three months, insiders have sold 17,201 shares of company stock worth $6,126,597. Insiders own 5.19% of the company’s stock.

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.