Van Lanschot Kempen Investment Management N.V. Purchases 31,486 Shares of Corpay, Inc. $CPAY

Van Lanschot Kempen Investment Management N.V. boosted its position in shares of Corpay, Inc. (NYSE:CPAY) by 4.7% during the 4th quarter, according to its most recent Form 13F filing with the Securities and Exchange Commission. The institutional investor owned 699,476 shares of the company’s stock after acquiring an additional 31,486 shares during the quarter. Corpay accounts for approximately 1.8% of Van Lanschot Kempen Investment Management N.V.’s investment portfolio, making the stock its 17th biggest holding. Van Lanschot Kempen Investment Management N.V.’s holdings in Corpay were worth $210,493,000 at the end of the most recent reporting period.

Several other institutional investors and hedge funds have also recently added to or reduced their stakes in the company. HB Wealth Management LLC lifted its position in Corpay by 1.9% during the fourth quarter. HB Wealth Management LLC now owns 1,741 shares of the company’s stock worth $524,000 after purchasing an additional 33 shares during the period. KBC Group NV lifted its position in Corpay by 0.4% during the fourth quarter. KBC Group NV now owns 9,318 shares of the company’s stock worth $2,804,000 after purchasing an additional 36 shares during the period. Northwestern Mutual Wealth Management Co. lifted its position in Corpay by 4.4% during the third quarter. Northwestern Mutual Wealth Management Co. now owns 883 shares of the company’s stock worth $254,000 after purchasing an additional 37 shares during the period. Thrivent Financial for Lutherans lifted its position in Corpay by 1.4% during the second quarter. Thrivent Financial for Lutherans now owns 2,771 shares of the company’s stock worth $919,000 after purchasing an additional 39 shares during the period. Finally, Harbour Investments Inc. lifted its position in Corpay by 35.5% during the fourth quarter. Harbour Investments Inc. now owns 149 shares of the company’s stock worth $45,000 after purchasing an additional 39 shares during the period. 98.84% of the stock is owned by institutional investors.

Analysts Set New Price Targets

Several research firms recently weighed in on CPAY. Raymond James Financial reaffirmed an “outperform” rating and set a $361.00 price objective on shares of Corpay in a research report on Thursday, March 5th. Wolfe Research reaffirmed an “outperform” rating and set a $450.00 price objective on shares of Corpay in a research report on Wednesday, June 3rd. Weiss Ratings raised shares of Corpay from a “hold (c+)” rating to a “buy (b-)” rating in a research report on Monday, April 27th. Oppenheimer reaffirmed an “outperform” rating and set a $388.00 price objective on shares of Corpay in a research report on Friday, May 8th. Finally, Morgan Stanley reaffirmed an “overweight” rating and set a $400.00 price objective on shares of Corpay in a research report on Sunday, May 10th. Thirteen investment analysts have rated the stock with a Buy rating and three have given a Hold rating to the stock. Based on data from MarketBeat, the stock presently has a consensus rating of “Moderate Buy” and an average price target of $383.07.

Corpay Stock Up 1.6%

CPAY stock opened at $356.52 on Friday. The stock has a market capitalization of $23.30 billion, a P/E ratio of 21.34, a price-to-earnings-growth ratio of 0.96 and a beta of 0.86. The company has a current ratio of 0.98, a quick ratio of 0.98 and a debt-to-equity ratio of 1.86. Corpay, Inc. has a 12 month low of $252.84 and a 12 month high of $367.43. The firm has a 50-day moving average price of $331.21 and a 200-day moving average price of $320.81.

Corpay (NYSE:CPAY) last posted its earnings results on Thursday, May 7th. The company reported $5.80 EPS for the quarter, topping analysts’ consensus estimates of $5.50 by $0.30. The firm had revenue of $1.26 billion during the quarter, compared to analysts’ expectations of $1.21 billion. Corpay had a net margin of 24.60% and a return on equity of 38.68%. The business’s revenue for the quarter was up 25.4% compared to the same quarter last year. During the same quarter in the prior year, the business earned $4.51 earnings per share. Corpay has set its FY 2026 guidance at 26.300-27.100 EPS and its Q2 2026 guidance at 6.450-6.650 EPS. As a group, equities research analysts anticipate that Corpay, Inc. will post 25.49 EPS for the current fiscal year.

Insider Activity at Corpay

In other news, insider Armando Lins Netto sold 14,089 shares of the stock in a transaction dated Thursday, May 28th. The shares were sold at an average price of $356.05, for a total value of $5,016,388.45. Following the completion of the transaction, the insider owned 18,528 shares of the company’s stock, valued at approximately $6,596,894.40. This represents a 43.20% decrease in their ownership of the stock. The transaction was disclosed in a legal filing with the Securities & Exchange Commission, which can be accessed through the SEC website. Insiders have sold a total of 17,201 shares of company stock valued at $6,126,597 over the last three months. 5.19% of the stock is currently owned by corporate insiders.

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.