Tredje AP fonden Buys 3,112 Shares of Corpay, Inc. $CPAY

Tredje AP fonden grew its stake in shares of Corpay, Inc. (NYSE:CPAY) by 54.0% during the third quarter, according to the company in its most recent 13F filing with the Securities & Exchange Commission. The fund owned 8,877 shares of the company’s stock after acquiring an additional 3,112 shares during the quarter. Tredje AP fonden’s holdings in Corpay were worth $2,557,000 as of its most recent SEC filing.

Several other hedge funds have also recently made changes to their positions in the stock. CVA Family Office LLC boosted its holdings in Corpay by 56.7% in the second quarter. CVA Family Office LLC now owns 94 shares of the company’s stock worth $31,000 after purchasing an additional 34 shares during the last quarter. Root Financial Partners LLC bought a new position in shares of Corpay during the 3rd quarter valued at $40,000. Mather Group LLC. purchased a new position in shares of Corpay in the 3rd quarter worth $49,000. Hazlett Burt & Watson Inc. boosted its stake in shares of Corpay by 100.0% in the 3rd quarter. Hazlett Burt & Watson Inc. now owns 200 shares of the company’s stock worth $58,000 after buying an additional 100 shares during the last quarter. Finally, CYBER HORNET ETFs LLC bought a new stake in shares of Corpay in the second quarter worth $63,000. 98.84% of the stock is owned by hedge funds and other institutional investors.

Corpay Trading Up 1.6%

Shares of NYSE:CPAY opened at $352.78 on Friday. The stock has a 50 day moving average of $321.86 and a 200 day moving average of $305.69. The company has a market cap of $24.68 billion, a PE ratio of 23.46, a price-to-earnings-growth ratio of 1.02 and a beta of 0.82. Corpay, Inc. has a 12-month low of $252.84 and a 12-month high of $377.56. The company has a current ratio of 0.98, a quick ratio of 1.13 and a debt-to-equity ratio of 1.70.

Corpay (NYSE:CPAY) last issued its quarterly earnings results on Wednesday, February 4th. The company reported $6.04 earnings per share for the quarter, beating the consensus estimate of $5.93 by $0.11. The business had revenue of $1.25 billion for the quarter, compared to the consensus estimate of $1.23 billion. Corpay had a net margin of 23.62% and a return on equity of 37.13%. The company’s revenue for the quarter was up 20.7% on a year-over-year basis. During the same quarter in the previous year, the firm earned $5.36 earnings per share. Corpay has set its FY 2026 guidance at 25.500-26.500 EPS and its Q1 2026 guidance at 5.380-5.520 EPS. As a group, equities research analysts expect that Corpay, Inc. will post 19.76 EPS for the current year.

Insider Buying and Selling at Corpay

In other Corpay news, Director Steven T. Stull acquired 8,000 shares of the company’s stock in a transaction dated Friday, December 12th. The stock was purchased at an average price of $314.98 per share, with a total value of $2,519,840.00. Following the completion of the purchase, the director directly owned 29,241 shares in the company, valued at approximately $9,210,330.18. The trade was a 37.66% increase in their position. The acquisition was disclosed in a legal filing with the Securities & Exchange Commission, which is available through this hyperlink. Also, CAO Alissa B. Vickery sold 1,701 shares of Corpay stock in a transaction that occurred on Tuesday, February 10th. The shares were sold at an average price of $358.65, for a total value of $610,063.65. Following the sale, the chief accounting officer directly owned 2,180 shares in the company, valued at $781,857. This trade represents a 43.83% decrease in their position. Additional details regarding this sale are available in the official SEC disclosure. Corporate insiders own 5.04% of the company’s stock.

Analyst Ratings Changes

CPAY has been the topic of several research reports. Cantor Fitzgerald raised their target price on Corpay from $385.00 to $415.00 and gave the stock an “overweight” rating in a research report on Monday, February 9th. Scotiabank upgraded shares of Corpay to a “sector outperform” rating in a research note on Monday, January 26th. Williams Trading set a $300.00 target price on shares of Corpay in a research report on Monday, November 3rd. Weiss Ratings reaffirmed a “hold (c+)” rating on shares of Corpay in a report on Monday, December 29th. Finally, Morgan Stanley lifted their price target on shares of Corpay from $379.00 to $390.00 and gave the stock an “overweight” rating in a research note on Thursday, February 5th. Ten equities research analysts have rated the stock with a Buy rating and five have assigned a Hold rating to the company. According to data from MarketBeat.com, the stock has a consensus rating of “Moderate Buy” and a consensus target price of $379.79.

About Corpay

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.