Corpay, Inc. $CPAY Shares Sold by American Century Companies Inc.

American Century Companies Inc. lessened its holdings in Corpay, Inc. (NYSE:CPAY) by 12.8% during the 3rd quarter, according to the company in its most recent 13F filing with the Securities & Exchange Commission. The fund owned 319,851 shares of the company’s stock after selling 46,774 shares during the period. American Century Companies Inc. owned approximately 0.45% of Corpay worth $92,136,000 as of its most recent filing with the Securities & Exchange Commission.

Other hedge funds and other institutional investors have also recently modified their holdings of the company. Norges Bank purchased a new stake in Corpay in the 2nd quarter valued at about $266,246,000. Vanguard Group Inc. increased its position in shares of Corpay by 3.2% during the second quarter. Vanguard Group Inc. now owns 8,124,437 shares of the company’s stock valued at $2,695,851,000 after acquiring an additional 251,651 shares during the last quarter. Boston Partners raised its stake in shares of Corpay by 5.8% in the 2nd quarter. Boston Partners now owns 2,289,271 shares of the company’s stock valued at $758,536,000 after acquiring an additional 125,331 shares during the period. Orbis Allan Gray Ltd raised its stake in shares of Corpay by 3.3% in the 2nd quarter. Orbis Allan Gray Ltd now owns 3,855,589 shares of the company’s stock valued at $1,279,362,000 after acquiring an additional 124,368 shares during the period. Finally, Invesco Ltd. lifted its holdings in shares of Corpay by 4.4% in the 2nd quarter. Invesco Ltd. now owns 1,978,930 shares of the company’s stock worth $656,649,000 after acquiring an additional 84,198 shares during the last quarter. 98.84% of the stock is owned by institutional investors and hedge funds.

Analyst Upgrades and Downgrades

Several analysts recently weighed in on CPAY shares. Weiss Ratings reiterated a “hold (c+)” rating on shares of Corpay in a report on Monday, December 29th. Royal Bank Of Canada lifted their price objective on Corpay from $344.00 to $363.00 and gave the company a “sector perform” rating in a research note on Thursday, February 5th. Morgan Stanley boosted their price objective on Corpay from $379.00 to $390.00 and gave the company an “overweight” rating in a report on Thursday, February 5th. Oppenheimer reissued an “outperform” rating and set a $378.00 target price on shares of Corpay in a research note on Thursday, February 5th. Finally, Cantor Fitzgerald lifted their target price on Corpay from $385.00 to $415.00 and gave the company an “overweight” rating in a research report on Monday, February 9th. Ten investment analysts have rated the stock with a Buy rating and five have assigned a Hold rating to the stock. According to data from MarketBeat.com, the stock presently has an average rating of “Moderate Buy” and a consensus target price of $379.79.

Corpay Price Performance

Shares of NYSE CPAY opened at $333.84 on Wednesday. The company has a debt-to-equity ratio of 1.70, a current ratio of 0.98 and a quick ratio of 1.13. The company has a market cap of $23.36 billion, a price-to-earnings ratio of 22.20, a price-to-earnings-growth ratio of 0.96 and a beta of 0.80. The stock’s 50-day moving average is $324.92 and its two-hundred day moving average is $306.70. Corpay, Inc. has a 1-year low of $252.84 and a 1-year high of $361.99.

Corpay (NYSE:CPAY) last announced its quarterly earnings data 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. Corpay had a return on equity of 37.13% and a net margin of 23.62%.The business had revenue of $1.25 billion during the quarter, compared to analysts’ expectations of $1.23 billion. During the same quarter last year, the business posted $5.36 EPS. The business’s quarterly revenue was up 20.7% compared to the same quarter last year. 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 forecast that Corpay, Inc. will post 19.76 EPS for the current fiscal year.

Insider Activity at Corpay

In other Corpay news, CAO Alissa B. Vickery sold 1,701 shares of the business’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 transaction, the chief accounting officer owned 2,180 shares in the company, valued at $781,857. The trade was a 43.83% decrease in their position. The transaction was disclosed in a legal filing with the SEC, which is available at this link. Also, Director Steven T. Stull acquired 8,000 shares of the company’s stock in a transaction on Friday, December 12th. The stock was purchased at an average cost of $314.98 per share, for a total transaction of $2,519,840.00. Following the completion of the transaction, the director owned 29,241 shares in the company, valued at approximately $9,210,330.18. The trade was a 37.66% increase in their position. The SEC filing for this purchase provides additional information. Insiders own 5.04% of the company’s stock.

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.