National Pension Service decreased its position in Corpay, Inc. (NYSE:CPAY – Free Report) by 96.6% in the 4th quarter, Holdings Channel.com reports. The fund owned 3,455 shares of the company’s stock after selling 97,580 shares during the period. National Pension Service’s holdings in Corpay were worth $1,040,000 as of its most recent filing with the Securities and Exchange Commission.
Other hedge funds also recently made changes to their positions in the company. Leonteq Securities AG acquired a new position in shares of Corpay in the 4th quarter worth approximately $27,000. BOKF NA grew its position in shares of Corpay by 4,700.0% in the 3rd quarter. BOKF NA now owns 96 shares of the company’s stock worth $28,000 after acquiring an additional 94 shares in the last quarter. Torren Management LLC acquired a new position in shares of Corpay in the 4th quarter worth approximately $29,000. Rothschild Investment LLC grew its position in shares of Corpay by 202.1% in the 4th quarter. Rothschild Investment LLC now owns 145 shares of the company’s stock worth $44,000 after acquiring an additional 97 shares in the last quarter. Finally, Harbour Investments Inc. grew its position in shares of Corpay by 35.5% in the 4th quarter. Harbour Investments Inc. now owns 149 shares of the company’s stock worth $45,000 after acquiring an additional 39 shares in the last quarter. Institutional investors and hedge funds own 98.84% of the company’s stock.
Insider Activity at Corpay
In other news, insider Armando Lins Netto sold 2,694 shares of the business’s stock in a transaction on Friday, May 29th. The stock was sold at an average price of $357.01, for a total value of $961,784.94. Following the sale, the insider owned 15,834 shares of the company’s stock, valued at approximately $5,652,896.34. The trade was a 14.54% decrease in their position. The transaction was disclosed in a filing with the Securities & Exchange Commission, which is accessible through this link. Over the last 90 days, insiders sold 17,201 shares of company stock valued at $6,126,597. 5.19% of the stock is currently owned by insiders.
Corpay Stock Up 0.8%
Corpay (NYSE:CPAY – Get Free Report) last posted its quarterly earnings data on Thursday, May 7th. The company reported $5.80 EPS for the quarter, topping analysts’ consensus estimates of $5.50 by $0.30. Corpay had a return on equity of 38.68% and a net margin of 24.60%.The company had revenue of $1.26 billion for the quarter, compared to the consensus estimate of $1.21 billion. During the same quarter in the previous year, the business earned $4.51 EPS. The company’s quarterly revenue was up 25.4% compared to the same quarter last year. Corpay has set its FY 2026 guidance at 26.300-27.100 EPS and its Q2 2026 guidance at 6.450-6.650 EPS. As a group, research analysts forecast that Corpay, Inc. will post 25.49 EPS for the current year.
Wall Street Analyst Weigh In
Several research analysts have recently commented on CPAY shares. Oppenheimer reiterated an “outperform” rating and issued a $388.00 target price on shares of Corpay in a research report on Friday, May 8th. UBS Group raised their price target on Corpay from $315.00 to $380.00 and gave the stock a “neutral” rating in a report on Tuesday, February 10th. Raymond James Financial reissued an “outperform” rating and issued a $361.00 price target on shares of Corpay in a report on Thursday, March 5th. Mizuho raised their price target on Corpay from $320.00 to $340.00 and gave the stock a “neutral” rating in a report on Friday, February 6th. Finally, Royal Bank Of Canada raised their price target on Corpay from $344.00 to $363.00 and gave the stock a “sector perform” rating in a report on Thursday, February 5th. Twelve research analysts have rated the stock with a Buy rating and three have issued a Hold rating to the company. According to MarketBeat, the stock presently has a consensus rating of “Moderate Buy” and a consensus target price of $377.92.
Read Our Latest Stock Analysis on Corpay
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.
Further Reading
- Five stocks we like better than Corpay
- Why These Three Big Buybacks Are Sending Very Different Signals to Investors
- Drone Stocks Soar As Pentagon Considers Funding, Including a Trump-Linked Name
- Braze Blazes Ahead on Q1 2027 Earnings Beat, Raised Guidance
- Are the 3 Newest Members of the $1 Trillion Market Cap Club the Latest Sign of an AI Bubble?
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).
Receive News & Ratings for Corpay Daily - Enter your email address below to receive a concise daily summary of the latest news and analysts' ratings for Corpay and related companies with MarketBeat.com's FREE daily email newsletter.
