Lyrical Asset Management LP Decreases Holdings in Corpay, Inc. $CPAY

Lyrical Asset Management LP cut its holdings in shares of Corpay, Inc. (NYSE:CPAY) by 4.3% during the 4th quarter, HoldingsChannel reports. The fund owned 675,704 shares of the company’s stock after selling 30,189 shares during the quarter. Corpay makes up 2.8% of Lyrical Asset Management LP’s investment portfolio, making the stock its 16th biggest position. Lyrical Asset Management LP’s holdings in Corpay were worth $203,340,000 at the end of the most recent quarter.

Several other large investors have also recently made changes to their positions in CPAY. Leonteq Securities AG purchased a new position in shares of Corpay during the fourth quarter worth approximately $27,000. BOKF NA raised its stake in shares of Corpay by 4,700.0% during the third quarter. BOKF NA now owns 96 shares of the company’s stock worth $28,000 after acquiring an additional 94 shares in the last quarter. Torren Management LLC purchased a new position in shares of Corpay during the fourth quarter worth approximately $29,000. Rothschild Investment LLC raised its stake in shares of Corpay by 202.1% during the fourth quarter. Rothschild Investment LLC now owns 145 shares of the company’s stock worth $44,000 after acquiring an additional 97 shares in the last quarter. Finally, Harbour Investments Inc. raised its stake in shares of Corpay by 35.5% during the fourth quarter. Harbour Investments Inc. now owns 149 shares of the company’s stock worth $45,000 after acquiring an additional 39 shares in the last quarter. 98.84% of the stock is owned by hedge funds and other institutional investors.

Insider Transactions at Corpay

In other Corpay news, insider Armando Lins Netto sold 14,089 shares of the business’s stock in a transaction 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 transaction, the insider directly owned 18,528 shares of the company’s stock, valued at approximately $6,596,894.40. The trade was a 43.20% decrease in their position. The sale was disclosed in a document filed with the Securities & Exchange Commission, which can be accessed through the SEC website. Over the last quarter, insiders have sold 17,201 shares of company stock worth $6,126,597. 5.19% of the stock is currently owned by insiders.

Analyst Upgrades and Downgrades

CPAY has been the topic of several research reports. Wolfe Research reissued an “outperform” rating and set a $450.00 price target on shares of Corpay in a research note on Wednesday. Cantor Fitzgerald lifted their price target on shares of Corpay from $385.00 to $415.00 and gave the stock an “overweight” rating in a research note on Monday, February 9th. 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. Morgan Stanley reaffirmed an “overweight” rating and issued a $400.00 target price on shares of Corpay in a research note on Sunday, May 10th. Finally, Loop Capital started coverage on shares of Corpay in a research note on Monday, May 18th. They issued a “buy” rating and a $406.00 target price on the stock. Thirteen analysts have rated the stock with a Buy rating and three have given a Hold rating to the company. Based on data from MarketBeat.com, Corpay presently has an average rating of “Moderate Buy” and an average price target of $383.07.

Corpay Stock Up 0.2%

Shares of Corpay stock opened at $348.12 on Monday. 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’s fifty day simple moving average is $324.90 and its two-hundred day simple moving average is $318.50. The company has a market cap of $22.75 billion, a P/E ratio of 20.83, a PEG ratio of 0.95 and a beta of 0.86. Corpay, Inc. has a 12-month low of $252.84 and a 12-month high of $367.43.

Corpay (NYSE:CPAY) last issued its quarterly earnings data on Thursday, May 7th. The company reported $5.80 earnings per share (EPS) for the quarter, beating analysts’ consensus estimates of $5.50 by $0.30. The business had revenue of $1.26 billion for 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 company’s quarterly revenue was up 25.4% compared to the same quarter last year. During the same period in the previous year, the firm earned $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. Research analysts anticipate that Corpay, Inc. will post 25.49 EPS for the current year.

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.