Clifford Swan Investment Counsel LLC Boosts Holdings in Corpay, Inc $CPAY

Clifford Swan Investment Counsel LLC increased its position in Corpay, Inc (NYSE:CPAY) by 3.0% during the second quarter, according to the company in its most recent filing with the Securities and Exchange Commission (SEC). The institutional investor owned 49,596 shares of the corporate payments company’s stock after purchasing an additional 1,438 shares during the period. Clifford Swan Investment Counsel LLC owned approximately 0.08% of Corpay worth $16,529,000 at the end of the most recent reporting period.

A number of other institutional investors and hedge funds have also bought and sold shares of the company. Integrated Wealth Concepts LLC purchased a new stake in shares of Corpay during the first quarter valued at approximately $207,000. Woodline Partners LP increased its position in shares of Corpay by 39.3% during the first quarter. Woodline Partners LP now owns 5,890 shares of the corporate payments company’s stock valued at $2,054,000 after acquiring an additional 1,661 shares in the last quarter. Intech Investment Management LLC raised its holdings in Corpay by 30.4% in the 1st quarter. Intech Investment Management LLC now owns 3,341 shares of the corporate payments company’s stock worth $1,165,000 after acquiring an additional 778 shares during the last quarter. Marshall Wace LLP raised its holdings in Corpay by 128.6% in the 2nd quarter. Marshall Wace LLP now owns 1,600 shares of the corporate payments company’s stock worth $531,000 after acquiring an additional 900 shares during the last quarter. Finally, Brown Advisory Inc. lifted its position in Corpay by 16.0% in the 2nd quarter. Brown Advisory Inc. now owns 1,670 shares of the corporate payments company’s stock valued at $554,000 after acquiring an additional 230 shares in the last quarter. 98.84% of the stock is currently owned by institutional investors.

Corpay Trading Down 0.6%

NYSE:CPAY opened at $405.23 on Tuesday. The company has a market cap of $26.61 billion, a PE ratio of 24.66, a price-to-earnings-growth ratio of 1.12 and a beta of 0.87. The company has a current ratio of 0.97, a quick ratio of 0.97 and a debt-to-equity ratio of 1.70. The company has a 50 day simple moving average of $381.33 and a two-hundred day simple moving average of $346.68. Corpay, Inc has a 12 month low of $252.84 and a 12 month high of $425.95.

Corpay (NYSE:CPAY) last released its quarterly earnings results on Wednesday, August 5th. The corporate payments company reported $7.00 earnings per share for the quarter, beating the consensus estimate of $6.58 by $0.42. The firm had revenue of $1.34 billion for the quarter, compared to analysts’ expectations of $1.30 billion. Corpay had a return on equity of 42.18% and a net margin of 22.72%.The company’s revenue was up 21.5% compared to the same quarter last year. During the same period in the prior year, the firm earned $5.13 EPS. Corpay has set its Q3 2026 guidance at 7.050-7.250 EPS and its FY 2026 guidance at 27.150-27.550 EPS. Research analysts forecast that Corpay, Inc will post 25.75 earnings per share for the current year.

Wall Street Analysts Forecast Growth

CPAY has been the topic of several recent analyst reports. Royal Bank Of Canada increased their target price on Corpay from $423.00 to $438.00 and gave the company a “sector perform” rating in a research note on Monday. Keefe, Bruyette & Woods upped their price target on Corpay from $400.00 to $470.00 and gave the company an “outperform” rating in a report on Thursday, August 6th. Wolfe Research increased their price objective on Corpay from $475.00 to $530.00 and gave the company an “outperform” rating in a research report on Tuesday, August 25th. Raymond James Financial reiterated an “outperform” rating and issued a $442.00 price objective on shares of Corpay in a report on Thursday, August 6th. Finally, Cantor Fitzgerald boosted their target price on Corpay from $415.00 to $480.00 and gave the stock an “overweight” rating in a research report on Monday, August 10th. Twelve analysts have rated the stock with a Buy rating and three have issued a Hold rating to the company. Based on data from MarketBeat, the stock presently has an average rating of “Moderate Buy” and a consensus target price of $431.46.

Insider Activity at Corpay

In other Corpay news, Director Steven T. Stull sold 2,357 shares of the stock in a transaction dated Thursday, August 20th. The stock was sold at an average price of $413.62, for a total value of $974,902.34. Following the transaction, the director owned 21,241 shares of the company’s stock, valued at approximately $8,785,702.42. This represents a 9.99% decrease in their ownership of the stock. The transaction was disclosed in a legal filing with the Securities & Exchange Commission, which can be accessed through the SEC website. Also, CEO Ronald Clarke sold 119,486 shares of the firm’s stock in a transaction dated Tuesday, August 25th. The stock was sold at an average price of $412.40, for a total value of $49,276,026.40. Following the completion of the transaction, the chief executive officer directly owned 2,354,330 shares in the company, valued at $970,925,692. The trade was a 4.83% decrease in their ownership of the stock. The disclosure for this sale is available in the SEC filing. Over the last 90 days, insiders sold 291,336 shares of company stock worth $116,212,228. 5.19% of the stock is owned by insiders.

Corpay Profile

Corpay is a global corporate payments company that provides businesses with a range of payment and expense management solutions. Its services are designed to help organizations manage payables, card programs, travel and fleet-related expenses, and cross-border transactions more efficiently.

The company serves customers across a variety of industries and geographies, offering software and payment tools that streamline accounts payable, vendor payments, and workforce payments. Corpay also provides specialized solutions for fleet management and international payments, helping businesses control costs and simplify financial operations.

Corpay operates as part of the broader financial technology and payment processing sector.