Zurcher Kantonalbank Zurich Cantonalbank Decreases Holdings in Corpay, Inc. $CPAY

Key Points

• Zurcher Kantonalbank trimmed its stake in Corpay by 24.5% in Q4, selling 4,896 shares and leaving it with 15,107 shares valued at about $4.55 million.
• Corpay's CAO, Alissa B. Vickery, sold 1,701 shares on Feb 10 at an average price of $358.65 (a 43.8% reduction), and insiders now own roughly 5.19% of the company.
• Corpay beat Q4 estimates (EPS $6.04 vs $5.93; revenue $1.25B vs $1.23B), raised FY2026 guidance (EPS 25.50–26.50), and analysts have mostly bullish outlooks with an average price target near $373.92.

Zurcher Kantonalbank Zurich Cantonalbank trimmed its holdings in shares of Corpay, Inc. (NYSE:CPAY - Free Report) by 24.5% in the fourth quarter, according to the company in its most recent filing with the Securities and Exchange Commission. The firm owned 15,107 shares of the company's stock after selling 4,896 shares during the period. Zurcher Kantonalbank Zurich Cantonalbank's holdings in Corpay were worth $4,546,000 as of its most recent filing with the Securities and Exchange Commission.

Other institutional investors have also recently added to or reduced their stakes in the company. BOKF NA boosted its position in Corpay by 4,700.0% in the 3rd quarter. BOKF NA now owns 96 shares of the company's stock valued at $28,000 after buying an additional 94 shares during the last quarter. Root Financial Partners LLC purchased a new position in Corpay in the 3rd quarter valued at about $40,000. Advisory Services Network LLC purchased a new position in Corpay in the 3rd quarter valued at about $48,000. Board of the Pension Protection Fund purchased a new position in Corpay in the 4th quarter valued at about $48,000. Finally, Mather Group LLC. purchased a new position in Corpay in the 3rd quarter valued at about $49,000. 98.84% of the stock is owned by hedge funds and other institutional investors.

Insiders Place Their Bets

In related news, CAO Alissa B. Vickery sold 1,701 shares of the firm's stock in a transaction that occurred 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 in the company, valued at approximately $781,857. This trade represents a 43.83% decrease in their ownership of the stock. The sale was disclosed in a filing with the SEC, which is available at the SEC website. Insiders own 5.19% of the company's stock.

Corpay Price Performance

Shares of NYSE:CPAY opened at $313.04 on Friday. The firm's 50 day moving average is $315.79 and its two-hundred day moving average is $306.70. Corpay, Inc. has a 52 week low of $252.84 and a 52 week high of $361.99. The firm has a market capitalization of $21.30 billion, a P/E ratio of 20.81, a PEG ratio of 0.89 and a beta of 0.85. The company has a current ratio of 0.98, a quick ratio of 0.98 and a debt-to-equity ratio of 1.70.

Corpay (NYSE:CPAY - Get Free Report) last posted its quarterly earnings data on Wednesday, February 4th. The company reported $6.04 EPS for the quarter, beating analysts' consensus estimates of $5.93 by $0.11. The business had revenue of $1.25 billion for the quarter, compared to analyst estimates of $1.23 billion. Corpay had a net margin of 23.62% and a return on equity of 37.13%. The business's revenue for the quarter was up 20.7% on a year-over-year basis. During the same quarter last year, the business 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. Analysts anticipate that Corpay, Inc. will post 24.6 earnings per share for the current year.

Wall Street Analysts Forecast Growth

A number of equities research analysts have recently issued reports on CPAY shares. Cantor Fitzgerald upped their target price on shares of Corpay from $385.00 to $415.00 and gave the company an "overweight" rating in a research note on Monday, February 9th. JPMorgan Chase & Co. upped their target price on shares of Corpay from $350.00 to $390.00 and gave the company an "overweight" rating in a research note on Thursday, February 5th. Oppenheimer reiterated an "outperform" rating and set a $378.00 price objective on shares of Corpay in a research note on Thursday, February 5th. Weiss Ratings reiterated a "hold (c+)" rating on shares of Corpay in a research note on Monday, December 29th. Finally, Morgan Stanley increased their price objective on shares of Corpay from $379.00 to $390.00 and gave the stock an "overweight" rating in a research note on Thursday, February 5th. Ten equities research analysts have rated the stock with a Buy rating and four have given a Hold rating to the stock. Based on data from MarketBeat.com, Corpay currently has an average rating of "Moderate Buy" and an average price target of $373.92.

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.

Want to see what other hedge funds are holding CPAY? Visit HoldingsChannel.com to get the latest 13F filings and insider trades for Corpay, Inc. (NYSE:CPAY - Free Report).

This instant news alert was generated by narrative science technology and financial data from MarketBeat in order to provide readers with the fastest reporting and unbiased coverage. Please send any questions or comments about this story to contact@marketbeat.com.