Allianz Asset Management GmbH Has $191.83 Million Stock Position in Corpay, Inc. $CPAY

Allianz Asset Management GmbH increased its position in shares of Corpay, Inc. (NYSE:CPAY) by 9.0% during the fourth quarter, Holdings Channel reports. The institutional investor owned 637,446 shares of the company’s stock after purchasing an additional 52,816 shares during the period. Allianz Asset Management GmbH’s holdings in Corpay were worth $191,827,000 as of its most recent SEC filing.

A number of other institutional investors have also added to or reduced their stakes in the company. GW&K Investment Management LLC raised its stake in Corpay by 7.1% during the 4th quarter. GW&K Investment Management LLC now owns 810 shares of the company’s stock worth $244,000 after buying an additional 54 shares during the period. Cerity Partners LLC raised its stake in Corpay by 34.1% during the 4th quarter. Cerity Partners LLC now owns 41,062 shares of the company’s stock worth $12,357,000 after buying an additional 10,441 shares during the period. JPMorgan Chase & Co. raised its stake in Corpay by 6.9% during the 4th quarter. JPMorgan Chase & Co. now owns 4,734,927 shares of the company’s stock worth $1,424,882,000 after buying an additional 307,355 shares during the period. Syon Capital LLC raised its stake in Corpay by 49.5% during the 4th quarter. Syon Capital LLC now owns 1,289 shares of the company’s stock worth $388,000 after buying an additional 427 shares during the period. Finally, Los Angeles Capital Management LLC purchased a new stake in shares of Corpay in the fourth quarter worth approximately $95,000. 98.84% of the stock is owned by institutional investors and hedge funds.

Wall Street Analyst Weigh In

Several analysts have recently commented on CPAY shares. Loop Capital started coverage on Corpay in a research note on Monday, May 18th. They issued a “buy” rating and a $406.00 price objective for the company. Robert W. Baird lowered their price objective on Corpay from $440.00 to $380.00 and set an “outperform” rating for the company in a research note on Tuesday, March 31st. Raymond James Financial reissued an “outperform” rating and issued a $361.00 price objective on shares of Corpay in a research note on Thursday, March 5th. UBS Group increased their price objective on Corpay from $315.00 to $380.00 and gave the stock a “neutral” rating in a research note on Tuesday, February 10th. Finally, Oppenheimer reissued an “outperform” rating and issued a $388.00 price objective on shares of Corpay in a research note on Friday, May 8th. Thirteen investment analysts have rated the stock with a Buy rating and three have given a Hold rating to the company’s stock. Based on data from MarketBeat, the stock has a consensus rating of “Moderate Buy” and a consensus price target of $383.07.

Corpay Stock Performance

CPAY stock opened at $357.25 on Wednesday. The firm has a market cap of $23.35 billion, a PE ratio of 21.38, a P/E/G ratio of 0.96 and a beta of 0.86. 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 business has a 50 day moving average of $327.46 and a 200-day moving average of $319.60. Corpay, Inc. has a 12-month low of $252.84 and a 12-month high of $367.43.

Corpay (NYSE:CPAY) last released its earnings results on Thursday, May 7th. The company reported $5.80 earnings per share (EPS) for the quarter, beating the consensus estimate of $5.50 by $0.30. The company had revenue of $1.26 billion during 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 quarterly revenue was up 25.4% on a year-over-year basis. During the same period in the prior year, the company posted $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, sell-side analysts expect that Corpay, Inc. will post 25.49 earnings per share for the current year.

Insider Activity

In other news, insider Armando Lins Netto sold 14,089 shares of the company’s stock in a transaction that occurred on Thursday, May 28th. The stock was 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 directly owned 18,528 shares of the company’s stock, valued at $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 SEC, which is available at this hyperlink. Insiders sold 17,201 shares of company stock valued at $6,126,597 over the last three months. Corporate insiders own 5.19% of the company’s stock.

Corpay Company 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.