Zurcher Kantonalbank Zurich Cantonalbank Has $4.55 Million Stake in Corpay, Inc. $CPAY

Zurcher Kantonalbank Zurich Cantonalbank decreased its position in Corpay, Inc. (NYSE:CPAYFree Report) by 24.5% in the fourth quarter, according to its most recent 13F filing with the SEC. The firm owned 15,107 shares of the company’s stock after selling 4,896 shares during the period. Zurcher Kantonalbank Zurich Cantonalbank’s holdings in Corpay were worth $4,546,000 at the end of the most recent reporting period.

Other hedge funds and other institutional investors also recently added to or reduced their stakes in the company. BOKF NA lifted its position in Corpay by 4,700.0% in the 3rd quarter. BOKF NA now owns 96 shares of the company’s stock worth $28,000 after buying an additional 94 shares in the last quarter. Root Financial Partners LLC purchased a new stake in Corpay in the 3rd quarter worth approximately $40,000. Board of the Pension Protection Fund purchased a new stake in Corpay in the 4th quarter worth approximately $48,000. Advisory Services Network LLC purchased a new stake in Corpay in the 3rd quarter worth approximately $48,000. Finally, Mather Group LLC. purchased a new stake in Corpay in the 3rd quarter worth approximately $49,000. Hedge funds and other institutional investors own 98.84% of the company’s stock.

Analyst Upgrades and Downgrades

A number of equities research analysts have issued reports on CPAY shares. Weiss Ratings reiterated a “hold (c+)” rating on shares of Corpay in a research report on Monday, December 29th. Wall Street Zen upgraded shares of Corpay from a “hold” rating to a “buy” rating in a research report on Monday, March 23rd. Scotiabank upgraded shares of Corpay to a “sector outperform” rating in a research report on Monday, January 26th. UBS Group increased their target price on shares of Corpay from $315.00 to $380.00 and gave the stock a “neutral” rating in a research report on Tuesday, February 10th. Finally, Royal Bank Of Canada raised their price target on shares of Corpay from $344.00 to $363.00 and gave the company a “sector perform” rating in a report on Thursday, February 5th. Ten investment analysts have rated the stock with a Buy rating and four have issued a Hold rating to the stock. According to MarketBeat, the stock presently has a consensus rating of “Moderate Buy” and a consensus price target of $373.92.

Get Our Latest Research Report on CPAY

Insider Buying and Selling at Corpay

In other news, CAO Alissa B. Vickery sold 1,701 shares of the firm’s stock in a transaction on Tuesday, February 10th. The shares were sold at an average price of $358.65, for a total transaction of $610,063.65. Following the transaction, the chief accounting officer owned 2,180 shares in the company, valued at approximately $781,857. This trade represents a 43.83% decrease in their position. The transaction was disclosed in a document filed with the Securities & Exchange Commission, which can be accessed through this link. Corporate insiders own 5.19% of the company’s stock.

Corpay Stock Down 0.1%

Corpay stock opened at $313.04 on Friday. The company has a market capitalization of $21.30 billion, a P/E ratio of 20.81, a P/E/G ratio of 0.89 and a beta of 0.85. The firm’s fifty day simple moving average is $315.79 and its 200-day simple moving average is $306.70. The company has a current ratio of 0.98, a quick ratio of 0.98 and a debt-to-equity ratio of 1.70. Corpay, Inc. has a 1-year low of $252.84 and a 1-year high of $361.99.

Corpay (NYSE:CPAYGet Free Report) last released its quarterly earnings results on Wednesday, February 4th. The company reported $6.04 earnings per share for the quarter, beating analysts’ consensus estimates 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%. Corpay’s revenue for the quarter was up 20.7% on a year-over-year basis. During the same quarter last year, the firm earned $5.36 EPS. Corpay has set its FY 2026 guidance at 25.500-26.500 EPS and its Q1 2026 guidance at 5.380-5.520 EPS. Sell-side analysts forecast that Corpay, Inc. will post 24.6 earnings per share for the current fiscal year.

About Corpay

(Free Report)

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.

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Institutional Ownership by Quarter for Corpay (NYSE:CPAY)

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