CIBC Private Wealth Group LLC Reduces Position in Corpay, Inc. $CPAY

Key Points

• Earnings beat: Corpay topped Q4 estimates with EPS of $6.04 versus $5.93 and revenue of $1.25B (up 20.7% YoY), and set FY2026 guidance of 25.50–26.50 EPS.
• Analysts have been raising targets (Morgan Stanley, UBS, RBC among others), leaving a consensus rating of Moderate Buy and a consensus price target of $377.57 versus the recent share price around $285.66, implying notable upside.
• Ownership activity: CIBC Private Wealth trimmed its stake by 2.5% to 147,886 shares (~$42.6M), insiders own 5.04% with the CAO selling 1,701 shares (a 43.8% decline in her holding), and institutional investors hold about 98.84% of the stock.

CIBC Private Wealth Group LLC trimmed its stake in Corpay, Inc. (NYSE:CPAY - Free Report) by 2.5% in the third quarter, according to the company in its most recent disclosure with the Securities & Exchange Commission. The fund owned 147,886 shares of the company's stock after selling 3,741 shares during the quarter. CIBC Private Wealth Group LLC owned approximately 0.21% of Corpay worth $42,600,000 at the end of the most recent quarter.

Other institutional investors and hedge funds have also made changes to their positions in the company. BOKF NA boosted its stake in shares of 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 acquiring an additional 94 shares during the last quarter. Root Financial Partners LLC acquired a new position in Corpay in the 3rd quarter valued at about $40,000. Advisory Services Network LLC acquired a new position in Corpay in the 3rd quarter valued at about $48,000. Mather Group LLC. purchased a new position in Corpay in the 3rd quarter valued at about $49,000. Finally, CYBER HORNET ETFs LLC purchased a new position in Corpay in the 2nd quarter valued at about $63,000. 98.84% of the stock is currently owned by hedge funds and other institutional investors.

Analyst Ratings Changes

CPAY has been the subject of a number of recent research reports. Morgan Stanley lifted their price target on shares of Corpay from $379.00 to $390.00 and gave the stock an "overweight" rating in a report on Thursday, February 5th. Raymond James Financial reissued an "outperform" rating and set a $361.00 price objective on shares of Corpay in a research note on Thursday, March 5th. Royal Bank Of Canada raised their target price on shares of Corpay from $344.00 to $363.00 and gave the stock a "sector perform" rating in a research report on Thursday, February 5th. Weiss Ratings reaffirmed a "hold (c+)" rating on shares of Corpay in a research note on Monday, December 29th. Finally, UBS Group boosted their price target on Corpay from $315.00 to $380.00 and gave the company a "neutral" rating in a report on Tuesday, February 10th. Ten equities research analysts have rated the stock with a Buy rating and five have issued a Hold rating to the company. Based on data from MarketBeat.com, the company presently has a consensus rating of "Moderate Buy" and a consensus price target of $377.57.

Insiders Place Their Bets

In related news, CAO Alissa B. Vickery sold 1,701 shares of the company's stock in a transaction on Tuesday, February 10th. The shares were sold at an average price of $358.65, for a total transaction of $610,063.65. Following the completion of the sale, the chief accounting officer directly owned 2,180 shares of the company's stock, valued at approximately $781,857. This represents a 43.83% decrease in their position. The sale was disclosed in a document filed with the Securities & Exchange Commission, which is accessible through the SEC website. Company insiders own 5.04% of the company's stock.

Corpay Trading Down 4.1%

Shares of CPAY stock opened at $285.66 on Thursday. The company has a quick ratio of 0.98, a current ratio of 0.98 and a debt-to-equity ratio of 1.70. Corpay, Inc. has a fifty-two week low of $252.84 and a fifty-two week high of $361.99. The firm's 50 day moving average price is $326.75 and its two-hundred day moving average price is $306.38. The stock has a market cap of $19.98 billion, a price-to-earnings ratio of 18.99, a price-to-earnings-growth ratio of 0.86 and a beta of 0.80.

Corpay (NYSE:CPAY - Get Free Report) last released its quarterly earnings data on Wednesday, February 4th. The company reported $6.04 earnings per share (EPS) for the quarter, topping the consensus estimate of $5.93 by $0.11. Corpay had a net margin of 23.62% and a return on equity of 37.13%. The company had revenue of $1.25 billion during the quarter, compared to analyst estimates of $1.23 billion. During the same quarter in the prior year, the business earned $5.36 earnings per share. The business's quarterly revenue was up 20.7% compared to the same quarter last year. Corpay has set its FY 2026 guidance at 25.500-26.500 EPS and its Q1 2026 guidance at 5.380-5.520 EPS. On average, analysts anticipate that Corpay, Inc. will post 19.76 EPS for the current year.

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.

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