BloombergSen Inc. Sells 26,130 Shares of Corpay, Inc. $CPAY

BloombergSen Inc. reduced its holdings in shares of Corpay, Inc. (NYSE:CPAY) by 7.2% during the 4th quarter, according to the company in its most recent 13F filing with the SEC. The institutional investor owned 337,666 shares of the company’s stock after selling 26,130 shares during the period. Corpay comprises about 7.4% of BloombergSen Inc.’s investment portfolio, making the stock its 5th biggest position. BloombergSen Inc.’s holdings in Corpay were worth $101,614,000 at the end of the most recent quarter.

Several other institutional investors have also made changes to their positions in CPAY. Y Intercept Hong Kong Ltd lifted its holdings in Corpay by 1,513.1% during the 3rd quarter. Y Intercept Hong Kong Ltd now owns 25,891 shares of the company’s stock valued at $7,458,000 after purchasing an additional 24,286 shares during the last quarter. Hussman Strategic Advisors Inc. lifted its holdings in Corpay by 100.0% during the 3rd quarter. Hussman Strategic Advisors Inc. now owns 8,400 shares of the company’s stock valued at $2,420,000 after purchasing an additional 4,200 shares during the last quarter. Mitsubishi UFJ Asset Management Co. Ltd. lifted its holdings in Corpay by 5.6% during the 3rd quarter. Mitsubishi UFJ Asset Management Co. Ltd. now owns 138,858 shares of the company’s stock valued at $39,999,000 after purchasing an additional 7,397 shares during the last quarter. Hendershot Investments Inc. lifted its holdings in Corpay by 37.5% during the 3rd quarter. Hendershot Investments Inc. now owns 51,779 shares of the company’s stock valued at $14,915,000 after purchasing an additional 14,128 shares during the last quarter. Finally, Vanguard Group Inc. lifted its holdings in Corpay by 0.7% during the 3rd quarter. Vanguard Group Inc. now owns 8,182,672 shares of the company’s stock valued at $2,357,100,000 after purchasing an additional 58,235 shares during the last quarter. 98.84% of the stock is currently owned by institutional investors and hedge funds.

Wall Street Analyst Weigh In

Several equities analysts recently issued reports on the stock. Royal Bank Of Canada lifted 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. UBS Group lifted their price target on shares of Corpay from $315.00 to $380.00 and gave the company a “neutral” rating in a report on Tuesday, February 10th. Mizuho lifted their price target on shares of Corpay from $320.00 to $340.00 and gave the company a “neutral” rating in a report on Friday, February 6th. JPMorgan Chase & Co. lifted their price target on shares of Corpay from $350.00 to $390.00 and gave the company an “overweight” rating in a report on Thursday, February 5th. Finally, Weiss Ratings raised shares of Corpay from a “hold (c+)” rating to a “buy (b-)” rating in a report on Monday, April 27th. Twelve investment analysts have rated the stock with a Buy rating and three have issued a Hold rating to the company. According to data from MarketBeat, the stock currently has a consensus rating of “Moderate Buy” and an average target price of $377.92.

Corpay Price Performance

Shares of CPAY stock opened at $347.58 on Friday. Corpay, Inc. has a 1 year low of $252.84 and a 1 year high of $361.99. The firm’s 50 day moving average is $313.66 and its 200-day moving average is $312.68. The firm has a market capitalization of $22.72 billion, a price-to-earnings ratio of 20.80, a PEG ratio of 0.95 and a beta of 0.81. 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 (NYSE:CPAY) last announced its earnings results on Thursday, May 7th. The company reported $5.80 earnings per share (EPS) 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 company had revenue of $1.26 billion for the quarter, compared to analyst estimates of $1.21 billion. During the same period in the prior year, the business earned $4.51 earnings per share. Corpay’s quarterly 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. Sell-side analysts forecast that Corpay, Inc. will post 25.49 EPS for the current fiscal year.

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.