Sequoia Financial Advisors LLC Boosts Stock Position in Corpay, Inc. $CPAY

Sequoia Financial Advisors LLC raised its stake in Corpay, Inc. (NYSE:CPAY) by 167.7% during the 4th quarter, Holdings Channel.com reports. The firm owned 4,002 shares of the company’s stock after buying an additional 2,507 shares during the quarter. Sequoia Financial Advisors LLC’s holdings in Corpay were worth $1,204,000 as of its most recent SEC filing.

Several other institutional investors and hedge funds also recently added to or reduced their stakes in CPAY. Mitsubishi UFJ Asset Management Co. Ltd. raised its position in Corpay by 6.2% during the fourth quarter. Mitsubishi UFJ Asset Management Co. Ltd. now owns 147,471 shares of the company’s stock valued at $44,328,000 after acquiring an additional 8,613 shares in the last quarter. VELA Investment Management LLC purchased a new position in Corpay during the fourth quarter valued at approximately $1,394,000. Gibraltar Capital Management Inc. raised its position in Corpay by 2.9% during the fourth quarter. Gibraltar Capital Management Inc. now owns 21,331 shares of the company’s stock valued at $6,419,000 after acquiring an additional 604 shares in the last quarter. PFA Pension Forsikringsaktieselskab purchased a new position in Corpay during the fourth quarter valued at approximately $13,830,000. Finally, Horizon Investments LLC raised its position in Corpay by 7.6% during the fourth quarter. Horizon Investments LLC now owns 2,829 shares of the company’s stock valued at $851,000 after acquiring an additional 199 shares in the last quarter. Hedge funds and other institutional investors own 98.84% of the company’s stock.

Corpay Stock Performance

NYSE CPAY opened at $339.12 on Wednesday. The stock’s fifty day moving average is $311.57 and its two-hundred day moving average is $309.23. The firm has a market capitalization of $22.16 billion, a P/E ratio of 20.29, a price-to-earnings-growth ratio of 0.96 and a beta of 0.81. The company has a debt-to-equity ratio of 1.86, a quick ratio of 0.98 and a current ratio of 0.98. Corpay, Inc. has a fifty-two week low of $252.84 and a fifty-two week high of $361.99.

Corpay (NYSE:CPAY) last announced its quarterly earnings results on Thursday, May 7th. The company reported $5.80 EPS for the quarter, beating the consensus estimate of $5.50 by $0.30. Corpay had a return on equity of 38.68% and a net margin of 24.60%.The business had revenue of $1.26 billion for the quarter, compared to analyst estimates of $1.21 billion. During the same quarter in the prior year, the company posted $4.51 EPS. The company’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. On average, research analysts anticipate that Corpay, Inc. will post 24.76 earnings per share for the current year.

Analyst Upgrades and Downgrades

CPAY has been the subject of several recent research reports. Robert W. Baird reduced their price target on Corpay from $440.00 to $380.00 and set an “outperform” rating for the company in a research report on Tuesday, March 31st. Oppenheimer reiterated an “outperform” rating and set a $388.00 price target on shares of Corpay in a research report on Friday. Weiss Ratings upgraded Corpay from a “hold (c+)” rating to a “buy (b-)” rating in a research report on Monday, April 27th. Royal Bank Of Canada boosted their price objective on Corpay from $344.00 to $363.00 and gave the company a “sector perform” rating in a research report on Thursday, February 5th. Finally, Wall Street Zen upgraded Corpay from a “hold” rating to a “buy” rating in a research report on Monday, March 23rd. Eleven investment 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, Corpay presently has an average rating of “Moderate Buy” and an average target price of $375.58.

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.