Barclays PLC Reduces Stock Holdings in Corpay, Inc. $CPAY

Barclays PLC decreased its stake in shares of Corpay, Inc. (NYSE:CPAY) by 10.0% during the third quarter, according to its most recent filing with the Securities and Exchange Commission. The institutional investor owned 241,884 shares of the company’s stock after selling 26,963 shares during the period. Barclays PLC owned approximately 0.34% of Corpay worth $69,677,000 as of its most recent SEC filing.

Several other hedge funds and other institutional investors also recently added to or reduced their stakes in CPAY. Northwestern Mutual Wealth Management Co. lifted its stake in shares of Corpay by 4.8% in the second quarter. Northwestern Mutual Wealth Management Co. now owns 846 shares of the company’s stock worth $281,000 after buying an additional 39 shares in the last quarter. Thrivent Financial for Lutherans increased its holdings in Corpay by 1.4% during the second quarter. Thrivent Financial for Lutherans now owns 2,771 shares of the company’s stock valued at $919,000 after buying an additional 39 shares during the last quarter. Renaissance Group LLC raised its stake in shares of Corpay by 3.2% in the second quarter. Renaissance Group LLC now owns 1,809 shares of the company’s stock worth $600,000 after buying an additional 56 shares during the period. US Bancorp DE raised its stake in Corpay by 1.9% during the 3rd quarter. US Bancorp DE now owns 3,096 shares of the company’s stock worth $892,000 after acquiring an additional 58 shares during the period. Finally, Allworth Financial LP lifted its stake in shares of Corpay by 37.4% during the 2nd quarter. Allworth Financial LP now owns 239 shares of the company’s stock valued at $79,000 after buying an additional 65 shares in the last quarter. 98.84% of the stock is owned by hedge funds and other institutional investors.

Wall Street Analyst Weigh In

A number of analysts have issued reports on CPAY shares. JPMorgan Chase & Co. lifted their price target on shares of Corpay from $350.00 to $390.00 and gave the company an “overweight” rating in a report on Thursday, February 5th. Weiss Ratings restated a “hold (c+)” rating on shares of Corpay in a research report on Monday, December 29th. Wall Street Zen raised shares of Corpay from a “hold” rating to a “buy” rating in a research note on Saturday. Royal Bank Of Canada increased their price objective on shares of Corpay from $344.00 to $363.00 and gave the company a “sector perform” rating in a research report on Thursday, February 5th. Finally, Oppenheimer reaffirmed an “outperform” rating and set a $378.00 price objective on shares of Corpay in a research note on Thursday, February 5th. 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.com, the company presently has an average rating of “Moderate Buy” and a consensus target price of $377.57.

Corpay Stock Down 3.0%

Corpay stock opened at $314.57 on Monday. Corpay, Inc. has a 1-year low of $252.84 and a 1-year high of $361.99. The stock has a market capitalization of $22.01 billion, a price-to-earnings ratio of 20.92, a PEG ratio of 0.91 and a beta of 0.80. The company has a debt-to-equity ratio of 1.70, a current ratio of 0.98 and a quick ratio of 0.98. The business has a fifty day moving average price of $325.63 and a 200-day moving average price of $306.81.

Corpay (NYSE:CPAY) last released its 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 firm had revenue of $1.25 billion for the quarter, compared to the consensus estimate of $1.23 billion. Corpay had a return on equity of 37.13% and a net margin of 23.62%.The firm’s revenue was up 20.7% on a year-over-year basis. During the same period in the prior year, the firm earned $5.36 EPS. Corpay has set its FY 2026 guidance at 25.500-26.500 EPS and its Q1 2026 guidance at 5.380-5.520 EPS. Equities research analysts forecast that Corpay, Inc. will post 19.76 EPS for the current fiscal year.

Insider Activity at Corpay

In other news, Director Steven T. Stull bought 8,000 shares of the business’s stock in a transaction dated Friday, December 12th. The stock was purchased at an average cost of $314.98 per share, with a total value of $2,519,840.00. Following the acquisition, the director directly owned 29,241 shares in the company, valued at $9,210,330.18. This trade represents a 37.66% increase in their ownership of the stock. The acquisition was disclosed in a legal filing with the SEC, which is accessible through this hyperlink. Also, CAO Alissa B. Vickery sold 1,701 shares of the business’s stock in a transaction 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 of the company’s stock, valued at approximately $781,857. This represents a 43.83% decrease in their ownership of the stock. The disclosure for this sale is available in the SEC filing. Corporate insiders own 5.04% of the company’s stock.

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.