Nomura Asset Management Co. Ltd. Has $7.02 Million Stock Holdings in Corpay, Inc. $CPAY

Nomura Asset Management Co. Ltd. raised its stake in shares of Corpay, Inc. (NYSE:CPAY) by 7.9% during the fourth quarter, according to its most recent disclosure with the Securities and Exchange Commission. The institutional investor owned 23,317 shares of the company’s stock after purchasing an additional 1,702 shares during the quarter. Nomura Asset Management Co. Ltd.’s holdings in Corpay were worth $7,017,000 as of its most recent filing with the Securities and Exchange Commission.

Other institutional investors also recently added to or reduced their stakes in the company. Leonteq Securities AG acquired a new stake in Corpay during the fourth quarter valued at approximately $27,000. BOKF NA boosted its holdings in Corpay by 4,700.0% during the third quarter. BOKF NA now owns 96 shares of the company’s stock valued at $28,000 after purchasing an additional 94 shares in the last quarter. Torren Management LLC acquired a new stake in Corpay during the fourth quarter valued at approximately $29,000. Rothschild Investment LLC boosted its holdings in Corpay by 202.1% during the fourth quarter. Rothschild Investment LLC now owns 145 shares of the company’s stock valued at $44,000 after purchasing an additional 97 shares in the last quarter. Finally, Harbour Investments Inc. boosted its holdings in Corpay by 35.5% during the fourth quarter. Harbour Investments Inc. now owns 149 shares of the company’s stock valued at $45,000 after purchasing an additional 39 shares in the last quarter. 98.84% of the stock is owned by institutional investors and hedge funds.

Analyst Ratings Changes

A number of equities research analysts have weighed in on the company. JPMorgan Chase & Co. lifted their price objective on Corpay from $350.00 to $390.00 and gave the company an “overweight” rating in a report on Thursday, February 5th. Mizuho increased their target price on shares of Corpay from $320.00 to $340.00 and gave the stock a “neutral” rating in a research report on Friday, February 6th. Wolfe Research reiterated an “outperform” rating and set a $450.00 target price on shares of Corpay in a research report on Wednesday. Weiss Ratings upgraded shares of Corpay from a “hold (c+)” rating to a “buy (b-)” rating in a research report on Monday, April 27th. Finally, Royal Bank Of Canada upped their price objective on shares of Corpay from $344.00 to $363.00 and gave the stock a “sector perform” rating in a research note on Thursday, February 5th. Thirteen equities research analysts have rated the stock with a Buy rating and three have assigned a Hold rating to the company’s stock. According to MarketBeat, Corpay presently has a consensus rating of “Moderate Buy” and an average target price of $383.07.

Insider Buying and Selling

In related news, insider Armando Lins Netto sold 2,694 shares of the stock in a transaction that occurred on Friday, May 29th. The stock was sold at an average price of $357.01, for a total transaction of $961,784.94. Following the sale, the insider directly owned 15,834 shares in the company, valued at $5,652,896.34. This represents a 14.54% decrease in their position. The transaction was disclosed in a legal filing with the Securities & Exchange Commission, which is available at the SEC website. In the last 90 days, insiders sold 17,201 shares of company stock worth $6,126,597. 5.19% of the stock is owned by corporate insiders.

Corpay Stock Down 2.0%

NYSE CPAY opened at $352.73 on Thursday. The firm has a market cap of $23.05 billion, a PE ratio of 21.11, a price-to-earnings-growth ratio of 0.99 and a beta of 0.86. Corpay, Inc. has a one year low of $252.84 and a one year high of $367.43. The stock’s 50 day simple moving average is $322.52 and its 200 day simple moving average is $317.42. The company has a debt-to-equity ratio of 1.86, a current ratio of 0.98 and a quick ratio of 0.98.

Corpay (NYSE:CPAY) last released its quarterly 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 business had revenue of $1.26 billion for the quarter, compared to analyst estimates of $1.21 billion. Corpay had a return on equity of 38.68% and a net margin of 24.60%.Corpay’s revenue for the quarter was up 25.4% on a year-over-year basis. During the same period in the prior year, the company earned $4.51 EPS. 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, sell-side analysts forecast that Corpay, Inc. will post 25.49 earnings per share 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.