Corpay, Inc. $CPAY Stock Holdings Lessened by Securian Asset Management Inc.

Securian Asset Management Inc. trimmed its stake in Corpay, Inc. (NYSE:CPAY) by 45.0% in the fourth quarter, according to its most recent disclosure with the Securities and Exchange Commission (SEC). The institutional investor owned 1,894 shares of the company’s stock after selling 1,547 shares during the quarter. Securian Asset Management Inc.’s holdings in Corpay were worth $570,000 as of its most recent filing with the Securities and Exchange Commission (SEC).

Other hedge funds have also made changes to their positions in the company. BOKF NA lifted its position in shares of Corpay by 4,700.0% in the third quarter. BOKF NA now owns 96 shares of the company’s stock worth $28,000 after purchasing an additional 94 shares in the last quarter. Torren Management LLC purchased a new stake in shares of Corpay in the fourth quarter worth approximately $29,000. Root Financial Partners LLC purchased a new stake in shares of Corpay in the third quarter worth approximately $40,000. Board of the Pension Protection Fund purchased a new stake in shares of Corpay in the fourth quarter worth approximately $48,000. Finally, Advisory Services Network LLC purchased a new stake in shares of Corpay in the third quarter worth approximately $48,000. 98.84% of the stock is owned by hedge funds and other institutional investors.

Analysts Set New Price Targets

CPAY has been the subject of a number of research analyst reports. Raymond James Financial reissued an “outperform” rating and issued a $361.00 price target on shares of Corpay in a research report on Thursday, March 5th. Morgan Stanley reissued an “overweight” rating and issued a $400.00 price target on shares of Corpay in a research note on Sunday, May 10th. JPMorgan Chase & Co. increased their price objective on Corpay from $350.00 to $390.00 and gave the stock an “overweight” rating in a report on Thursday, February 5th. Mizuho increased their price objective on Corpay from $320.00 to $340.00 and gave the stock a “neutral” rating in a report on Friday, February 6th. Finally, Scotiabank upgraded Corpay to a “sector outperform” rating in a report on Monday, January 26th. Eleven investment analysts have rated the stock with a Buy rating and three have given a Hold rating to the company. According to data from MarketBeat.com, the stock has an average rating of “Moderate Buy” and an average price target of $375.58.

Corpay Trading Down 0.3%

NYSE:CPAY opened at $328.26 on Friday. The stock’s 50 day moving average price is $311.41 and its 200 day moving average price is $310.00. Corpay, Inc. has a 52 week low of $252.84 and a 52 week high of $361.99. The company has a market capitalization of $21.46 billion, a P/E ratio of 19.64, a P/E/G ratio of 0.92 and a beta of 0.81. The company has a debt-to-equity ratio of 1.86, a quick ratio of 0.98 and a current ratio of 0.98.

Corpay (NYSE:CPAY) last released its quarterly earnings data 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 firm had revenue of $1.26 billion for the quarter, compared to the consensus estimate of $1.21 billion. During the same quarter in the prior year, the company posted $4.51 earnings per share. The firm’s 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. On average, research analysts forecast that Corpay, Inc. will post 24.88 EPS for the current fiscal 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.