Swiss Life Asset Management Ltd Increases Position in Corpay, Inc. $CPAY

Swiss Life Asset Management Ltd boosted its holdings in Corpay, Inc. (NYSE:CPAY) by 339.9% during the fourth quarter, Holdings Channel.com reports. The fund owned 28,062 shares of the company’s stock after acquiring an additional 21,683 shares during the period. Swiss Life Asset Management Ltd’s holdings in Corpay were worth $8,445,000 at the end of the most recent reporting period.

Other large investors have also recently added to or reduced their stakes in the company. NewEdge Wealth LLC acquired a new stake in shares of Corpay in the fourth quarter worth approximately $284,000. Sequoia Financial Advisors LLC increased its position in Corpay by 167.7% during the 4th quarter. Sequoia Financial Advisors LLC now owns 4,002 shares of the company’s stock worth $1,204,000 after purchasing an additional 2,507 shares in the last quarter. Mitsubishi UFJ Asset Management Co. Ltd. increased its position in Corpay by 6.2% during the 4th quarter. Mitsubishi UFJ Asset Management Co. Ltd. now owns 147,471 shares of the company’s stock worth $44,328,000 after purchasing an additional 8,613 shares in the last quarter. VELA Investment Management LLC acquired a new stake in Corpay during the 4th quarter worth approximately $1,394,000. Finally, Gibraltar Capital Management Inc. increased its position in Corpay by 2.9% during the 4th quarter. Gibraltar Capital Management Inc. now owns 21,331 shares of the company’s stock worth $6,419,000 after purchasing an additional 604 shares in the last quarter. 98.84% of the stock is owned by institutional investors and hedge funds.

Corpay Stock Down 0.7%

CPAY stock opened at $339.12 on Wednesday. Corpay, Inc. has a twelve month low of $252.84 and a twelve month high of $361.99. 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 has a market capitalization of $22.16 billion, a P/E ratio of 20.29, a PEG ratio of 0.96 and a beta of 0.81. The firm has a 50 day simple moving average of $311.57 and a 200-day simple moving average of $309.23.

Corpay (NYSE:CPAY) last released its quarterly earnings results on Thursday, May 7th. The company reported $5.80 earnings per share for the quarter, topping analysts’ consensus estimates of $5.50 by $0.30. Corpay had a net margin of 24.60% and a return on equity of 38.68%. The business had revenue of $1.26 billion during the quarter, compared to the consensus estimate of $1.21 billion. During the same quarter last year, the company earned $4.51 earnings per share. The business’s quarterly revenue was up 25.4% compared to the same quarter last year. 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, equities research analysts predict that Corpay, Inc. will post 24.76 earnings per share for the current fiscal year.

Wall Street Analysts Forecast Growth

A number of research firms recently issued reports on CPAY. Royal Bank Of Canada increased their target price 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. Oppenheimer reissued an “outperform” rating and set a $388.00 target price on shares of Corpay in a research report on Friday. Cantor Fitzgerald increased their price objective on shares of Corpay from $385.00 to $415.00 and gave the company an “overweight” rating in a research report on Monday, February 9th. Scotiabank raised shares of Corpay to a “sector outperform” rating in a research report on Monday, January 26th. Finally, Wall Street Zen raised shares of Corpay from a “hold” rating to a “buy” rating in a research report on Monday, March 23rd. Eleven equities research analysts have rated the stock with a Buy rating and three have given a Hold rating to the company’s stock. Based on data from MarketBeat, Corpay presently has a consensus rating of “Moderate Buy” and a consensus target price of $375.58.

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.