ABN Amro Investment Solutions Takes $646,000 Position in Corpay, Inc. $CPAY

ABN Amro Investment Solutions acquired a new stake in shares of Corpay, Inc. (NYSE:CPAY) in the 4th quarter, HoldingsChannel reports. The fund acquired 2,146 shares of the company’s stock, valued at approximately $646,000.

Several other hedge funds and other institutional investors have also recently modified their holdings of CPAY. Integrated Wealth Concepts LLC bought a new position in shares of Corpay in the 1st quarter worth approximately $207,000. Woodline Partners LP lifted its position in Corpay by 39.3% during the first quarter. Woodline Partners LP now owns 5,890 shares of the company’s stock valued at $2,054,000 after buying an additional 1,661 shares during the period. Intech Investment Management LLC boosted its holdings in shares of Corpay by 30.4% during the 1st quarter. Intech Investment Management LLC now owns 3,341 shares of the company’s stock valued at $1,165,000 after buying an additional 778 shares in the last quarter. Marshall Wace LLP boosted its holdings in shares of Corpay by 128.6% during the 2nd quarter. Marshall Wace LLP now owns 1,600 shares of the company’s stock valued at $531,000 after buying an additional 900 shares in the last quarter. Finally, Brown Advisory Inc. grew its position in shares of Corpay by 16.0% in the 2nd quarter. Brown Advisory Inc. now owns 1,670 shares of the company’s stock worth $554,000 after buying an additional 230 shares during the period. 98.84% of the stock is owned by institutional investors.

Corpay Trading Down 0.1%

NYSE:CPAY opened at $347.58 on Monday. The company’s 50 day moving average price is $313.66 and its 200-day moving average price is $313.03. Corpay, Inc. has a 52 week low of $252.84 and a 52 week high of $361.99. The company has a quick ratio of 0.98, a current ratio of 0.98 and a debt-to-equity ratio of 1.86. The stock has a market cap of $22.72 billion, a price-to-earnings ratio of 20.80, a PEG ratio of 0.95 and a beta of 0.81.

Corpay (NYSE:CPAY) last posted its quarterly earnings results on Thursday, May 7th. The company reported $5.80 EPS for the quarter, beating 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 firm had revenue of $1.26 billion for the quarter, compared to analysts’ expectations of $1.21 billion. During the same quarter in the prior year, the company posted $4.51 earnings per share. The business’s revenue for the quarter 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. On average, equities research analysts forecast that Corpay, Inc. will post 25.49 earnings per share for the current fiscal year.

Wall Street Analyst Weigh In

A number of research analysts recently issued reports on CPAY shares. Loop Capital started coverage on shares of Corpay in a research report on Monday, May 18th. They set a “buy” rating and a $406.00 price target for the company. JPMorgan Chase & Co. lifted their target price on shares of Corpay from $350.00 to $390.00 and gave the company an “overweight” rating in a report on Thursday, February 5th. Raymond James Financial reissued an “outperform” rating and issued a $361.00 price target on shares of Corpay in a research report on Thursday, March 5th. Oppenheimer restated an “outperform” rating and issued a $388.00 price target on shares of Corpay in a research note on Friday, May 8th. Finally, Scotiabank raised Corpay to a “sector outperform” rating in a research report on Monday, January 26th. Twelve equities research analysts have rated the stock with a Buy rating and three have issued a Hold rating to the company’s stock. According to data from MarketBeat.com, the stock presently has a consensus rating of “Moderate Buy” and an average price target of $377.92.

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.