Corpay, Inc. $CPAY Shares Sold by Equitable Trust Co.

Equitable Trust Co. trimmed its position in shares of Corpay, Inc. (NYSE:CPAY) by 41.4% during the third quarter, according to the company in its most recent Form 13F filing with the Securities & Exchange Commission. The firm owned 3,712 shares of the company’s stock after selling 2,618 shares during the quarter. Equitable Trust Co.’s holdings in Corpay were worth $1,069,000 at the end of the most recent quarter.

Several other large investors have also recently added to or reduced their stakes in the company. Integrated Wealth Concepts LLC purchased a new stake in Corpay in the 1st quarter valued at approximately $207,000. Woodline Partners LP lifted its holdings in shares of Corpay by 39.3% in the 1st quarter. Woodline Partners LP now owns 5,890 shares of the company’s stock valued at $2,054,000 after buying an additional 1,661 shares during the period. Intech Investment Management LLC boosted its stake in shares of Corpay by 30.4% in the first quarter. Intech Investment Management LLC now owns 3,341 shares of the company’s stock valued at $1,165,000 after buying an additional 778 shares in the last quarter. Forum Financial Management LP grew its holdings in Corpay by 15.6% during the second quarter. Forum Financial Management LP now owns 972 shares of the company’s stock worth $323,000 after acquiring an additional 131 shares during the period. Finally, Asset Management One Co. Ltd. grew its holdings in Corpay by 0.3% during the second quarter. Asset Management One Co. Ltd. now owns 28,720 shares of the company’s stock worth $9,530,000 after acquiring an additional 80 shares during the period. 98.84% of the stock is owned by hedge funds and other institutional investors.

Wall Street Analysts Forecast Growth

CPAY has been the subject of a number of recent analyst reports. Williams Trading set a $300.00 target price on Corpay in a report on Monday, November 3rd. JPMorgan Chase & Co. raised their price objective 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 reissued an “outperform” rating and set a $378.00 price objective on shares of Corpay in a report on Thursday, February 5th. Mizuho upped their target price on shares of Corpay from $320.00 to $340.00 and gave the stock a “neutral” rating in a research report on Friday, February 6th. Finally, Cantor Fitzgerald lifted their price target on shares of Corpay from $385.00 to $415.00 and gave the company an “overweight” rating in a research report on Monday, February 9th. Ten research analysts have rated the stock with a Buy rating and five have given a Hold rating to the company. Based on data from MarketBeat, the stock currently has a consensus rating of “Moderate Buy” and a consensus target price of $379.79.

Insiders Place Their Bets

In related news, CAO Alissa B. Vickery sold 1,701 shares of the stock in a transaction on 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 owned 2,180 shares of the company’s stock, valued at $781,857. This trade represents a 43.83% decrease in their ownership of the stock. The transaction was disclosed in a legal filing with the Securities & Exchange Commission, which is available at the SEC website. Also, Director Steven T. Stull acquired 8,000 shares of the company’s stock in a transaction that occurred on Friday, December 12th. The shares were bought at an average price of $314.98 per share, with a total value of $2,519,840.00. Following the transaction, the director owned 29,241 shares in the company, valued at $9,210,330.18. This represents a 37.66% increase in their position. The disclosure for this purchase is available in the SEC filing. 5.04% of the stock is currently owned by corporate insiders.

Corpay Price Performance

Shares of NYSE CPAY opened at $332.04 on Tuesday. The company has a current ratio of 0.98, a quick ratio of 1.13 and a debt-to-equity ratio of 1.70. The company’s 50-day moving average price is $322.25 and its 200 day moving average price is $305.82. Corpay, Inc. has a 52 week low of $252.84 and a 52 week high of $377.56. The stock has a market cap of $23.23 billion, a price-to-earnings ratio of 22.08, a PEG ratio of 1.02 and a beta of 0.82.

Corpay (NYSE:CPAY) last announced its quarterly earnings results on Wednesday, February 4th. The company reported $6.04 earnings per share (EPS) for the quarter, beating the consensus estimate of $5.93 by $0.11. The company had revenue of $1.25 billion for the quarter, compared to the consensus estimate of $1.23 billion. Corpay had a net margin of 23.62% and a return on equity of 37.13%. The company’s revenue for the quarter was up 20.7% compared to the same quarter last year. During the same quarter in the prior 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, research analysts forecast that Corpay, Inc. will post 19.76 earnings per share for the current fiscal year.

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.