Pictet Asset Management Holding SA Has $10.95 Million Stock Position in Corpay, Inc. $CPAY

Key Points

• Pictet Asset Management Holding SA boosted its stake in Corpay by 26.6% to 36,382 shares, worth approximately $10.95 million and representing about 0.05% of the company.
• Corpay is heavily institutionally owned (98.84%) with major holders including Vanguard, Orbis, State Street and M&T Bank—M&T added roughly 1,022,129 shares in the quarter.
• Analysts maintain a consensus Moderate Buy (11 Buys, 3 Holds) with a $373.92 average target; the company recently beat Q results (EPS $6.04 vs. $5.93 est.), and set FY2026 EPS guidance of 25.50–26.50.

Pictet Asset Management Holding SA boosted its stake in shares of Corpay, Inc. (NYSE:CPAY - Free Report) by 26.6% during the 4th quarter, according to its most recent 13F filing with the SEC. The firm owned 36,382 shares of the company's stock after buying an additional 7,642 shares during the period. Pictet Asset Management Holding SA owned approximately 0.05% of Corpay worth $10,948,000 as of its most recent filing with the SEC.

Several other hedge funds have also recently bought and sold shares of the stock. Vanguard Group Inc. raised its holdings in Corpay by 0.7% during the 3rd quarter. Vanguard Group Inc. now owns 8,182,672 shares of the company's stock worth $2,357,100,000 after buying an additional 58,235 shares during the period. Orbis Allan Gray Ltd grew its stake in shares of Corpay by 3.3% during the 2nd quarter. Orbis Allan Gray Ltd now owns 3,855,589 shares of the company's stock worth $1,279,362,000 after acquiring an additional 124,368 shares in the last quarter. State Street Corp grew its stake in shares of Corpay by 0.8% during the 3rd quarter. State Street Corp now owns 2,956,744 shares of the company's stock worth $851,720,000 after acquiring an additional 23,470 shares in the last quarter. M&T Bank Corp grew its stake in shares of Corpay by 4,657.7% during the 4th quarter. M&T Bank Corp now owns 1,044,074 shares of the company's stock worth $314,193,000 after acquiring an additional 1,022,129 shares in the last quarter. Finally, Wellington Management Group LLP grew its stake in shares of Corpay by 54.9% in the third quarter. Wellington Management Group LLP now owns 631,496 shares of the company's stock valued at $181,909,000 after buying an additional 223,704 shares in the last quarter. 98.84% of the stock is currently owned by institutional investors and hedge funds.

Analyst Upgrades and Downgrades

A number of equities analysts have commented on the stock. Raymond James Financial reaffirmed an "outperform" rating and set a $361.00 price objective on shares of Corpay in a research report on Thursday, March 5th. Royal Bank Of Canada boosted their target price on shares of Corpay from $344.00 to $363.00 and gave the company a "sector perform" rating in a research report on Thursday, February 5th. Wall Street Zen raised shares of Corpay from a "hold" rating to a "buy" rating in a research report on Monday, March 23rd. Scotiabank raised shares of Corpay to a "sector outperform" rating in a research report on Monday, January 26th. Finally, Oppenheimer reissued an "outperform" rating and issued a $378.00 target price on shares of Corpay in a research report on Thursday, February 5th. Eleven equities research analysts have rated the stock with a Buy rating and three have given a Hold rating to the company's stock. According to MarketBeat, Corpay has a consensus rating of "Moderate Buy" and a consensus price target of $373.92.

Corpay Stock Up 0.2%

Shares of NYSE CPAY opened at $307.14 on Friday. The company has a current ratio of 0.98, a quick ratio of 0.98 and a debt-to-equity ratio of 1.70. The company has a market cap of $20.90 billion, a price-to-earnings ratio of 20.42, a PEG ratio of 0.87 and a beta of 0.82. Corpay, Inc. has a 12 month low of $252.84 and a 12 month high of $361.99. The stock has a 50-day moving average price of $313.01 and a two-hundred day moving average price of $307.46.

Corpay (NYSE:CPAY - Get Free Report) last issued its earnings results on Wednesday, February 4th. The company reported $6.04 EPS for the quarter, topping the consensus estimate of $5.93 by $0.11. The firm had revenue of $1.25 billion during the quarter, compared to the consensus estimate of $1.23 billion. Corpay had a return on equity of 37.13% and a net margin of 23.62%.The business's quarterly revenue was up 20.7% on a year-over-year basis. During the same quarter in the previous year, the firm earned $5.36 earnings per share. Corpay has set its FY 2026 guidance at 25.500-26.500 EPS and its Q1 2026 guidance at 5.380-5.520 EPS. As a group, analysts forecast that Corpay, Inc. will post 24.64 earnings per share for the current fiscal year.

Insider Buying and Selling at Corpay

In other news, CAO Alissa B. Vickery sold 1,701 shares of the business's stock in a transaction dated Tuesday, February 10th. The stock was sold at an average price of $358.65, for a total transaction of $610,063.65. Following the sale, the chief accounting officer directly owned 2,180 shares in the company, valued at approximately $781,857. The trade was a 43.83% decrease in their ownership of the stock. The transaction was disclosed in a document filed with the SEC, which is accessible through the SEC website. Company insiders own 5.19% of the company's stock.

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.

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