Nomura Asset Management Co. Ltd. Has $7.02 Million Stock Holdings in Corpay, Inc. $CPAY

Nomura Asset Management Co. Ltd. boosted its position in shares of Corpay, Inc. (NYSE:CPAY) by 7.9% during the 4th quarter, Holdings Channel reports. The institutional investor owned 23,317 shares of the company’s stock after purchasing an additional 1,702 shares during the quarter. Nomura Asset Management Co. Ltd.’s holdings in Corpay were worth $7,017,000 at the end of the most recent quarter.

Other large investors have also recently bought and sold shares of the company. Leonteq Securities AG acquired a new position in Corpay during the 4th quarter worth $27,000. BOKF NA lifted its holdings in Corpay by 4,700.0% during the 3rd quarter. BOKF NA now owns 96 shares of the company’s stock worth $28,000 after buying an additional 94 shares in the last quarter. Torren Management LLC acquired a new position in Corpay during the 4th quarter worth $29,000. Rothschild Investment LLC lifted its holdings in Corpay by 202.1% during the 4th quarter. Rothschild Investment LLC now owns 145 shares of the company’s stock worth $44,000 after buying an additional 97 shares in the last quarter. Finally, Harbour Investments Inc. lifted its holdings in Corpay by 35.5% during the 4th quarter. Harbour Investments Inc. now owns 149 shares of the company’s stock worth $45,000 after buying an additional 39 shares in the last quarter. Institutional investors and hedge funds own 98.84% of the company’s stock.

Corpay Stock Performance

CPAY stock opened at $352.73 on Thursday. The business’s fifty day moving average is $322.52 and its 200-day moving average is $317.42. 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 company has a market cap of $23.05 billion, a P/E ratio of 21.11, a price-to-earnings-growth ratio of 0.99 and a beta of 0.86. Corpay, Inc. has a twelve month low of $252.84 and a twelve month high of $367.43.

Corpay (NYSE:CPAY) last posted its quarterly earnings results on Thursday, May 7th. The company reported $5.80 earnings per share for the quarter, beating analysts’ consensus estimates of $5.50 by $0.30. The company had revenue of $1.26 billion for the quarter, compared to the consensus estimate of $1.21 billion. Corpay had a return on equity of 38.68% and a net margin of 24.60%.The firm’s quarterly revenue was up 25.4% on a year-over-year basis. During the same quarter in the prior year, the business posted $4.51 EPS. Corpay has set its FY 2026 guidance at 26.300-27.100 EPS and its Q2 2026 guidance at 6.450-6.650 EPS. Equities research analysts forecast that Corpay, Inc. will post 25.49 EPS for the current year.

Insider Buying and Selling at Corpay

In other news, insider Armando Lins Netto sold 14,089 shares of the stock in a transaction 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 transaction, the insider owned 18,528 shares of the company’s stock, valued at $6,596,894.40. This represents a 43.20% decrease in their position. The transaction was disclosed in a document filed with the SEC, which is available through this hyperlink. Over the last 90 days, insiders sold 17,201 shares of company stock valued at $6,126,597. Corporate insiders own 5.19% of the company’s stock.

Analyst Ratings Changes

Several research analysts have issued reports on the company. Loop Capital assumed coverage on Corpay in a report on Monday, May 18th. They set a “buy” rating and a $406.00 price objective on the stock. Royal Bank Of Canada upped their price objective on Corpay from $344.00 to $363.00 and gave the stock a “sector perform” rating in a report on Thursday, February 5th. JPMorgan Chase & Co. upped their price objective on Corpay from $350.00 to $390.00 and gave the stock an “overweight” rating in a report on Thursday, February 5th. Cantor Fitzgerald upped their price objective on Corpay from $385.00 to $415.00 and gave the stock an “overweight” rating in a report on Monday, February 9th. Finally, UBS Group upped their price objective on Corpay from $315.00 to $380.00 and gave the stock a “neutral” rating in a report on Tuesday, February 10th. Thirteen investment analysts have rated the stock with a Buy rating and three have assigned a Hold rating to the stock. According to data from MarketBeat.com, the company has a consensus rating of “Moderate Buy” and an average target price of $383.07.

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.