Candriam S.C.A. Sells 1,853 Shares of Corpay, Inc. $CPAY

Candriam S.C.A. lowered its stake in Corpay, Inc. (NYSE:CPAY) by 41.0% in the third quarter, according to its most recent disclosure with the Securities and Exchange Commission (SEC). The fund owned 2,662 shares of the company’s stock after selling 1,853 shares during the period. Candriam S.C.A.’s holdings in Corpay were worth $767,000 as of its most recent SEC filing.

A number of other hedge funds have also made changes to their positions in CPAY. Smartleaf Asset Management LLC boosted its position in Corpay by 74.3% during the third quarter. Smartleaf Asset Management LLC now owns 495 shares of the company’s stock worth $146,000 after purchasing an additional 211 shares during the period. Alps Advisors Inc. boosted its holdings in shares of Corpay by 75.8% during the 3rd quarter. Alps Advisors Inc. now owns 4,256 shares of the company’s stock worth $1,226,000 after buying an additional 1,835 shares during the period. Canada Post Corp Registered Pension Plan grew its stake in Corpay by 24.5% in the 3rd quarter. Canada Post Corp Registered Pension Plan now owns 1,370 shares of the company’s stock valued at $405,000 after buying an additional 270 shares during the last quarter. Ceera Investments LLC raised its holdings in Corpay by 17.7% in the 3rd quarter. Ceera Investments LLC now owns 18,721 shares of the company’s stock worth $5,393,000 after acquiring an additional 2,814 shares during the period. Finally, BI Asset Management Fondsmaeglerselskab A S lifted its position in Corpay by 5.0% during the 3rd quarter. BI Asset Management Fondsmaeglerselskab A S now owns 3,015 shares of the company’s stock worth $869,000 after acquiring an additional 143 shares during the last quarter. Institutional investors and hedge funds own 98.84% of the company’s stock.

Wall Street Analyst Weigh In

CPAY has been the topic of several research analyst reports. Royal Bank Of Canada raised their price target on Corpay from $344.00 to $363.00 and gave the company a “sector perform” rating in a research report on Thursday, February 5th. JPMorgan Chase & Co. lifted their price target on Corpay from $350.00 to $390.00 and gave the stock an “overweight” rating in a research report on Thursday, February 5th. Mizuho upped 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. Weiss Ratings reaffirmed a “hold (c+)” rating on shares of Corpay in a research report on Monday, December 29th. Finally, Williams Trading set a $300.00 price target on shares of Corpay in a report on Monday, November 3rd. Ten investment analysts have rated the stock with a Buy rating and five have assigned a Hold rating to the stock. According to MarketBeat.com, Corpay presently has an average rating of “Moderate Buy” and an average price target of $379.79.

Corpay Trading Down 7.2%

Shares of Corpay stock opened at $321.56 on Friday. Corpay, Inc. has a 52-week low of $252.84 and a 52-week high of $386.88. The firm has a market capitalization of $22.50 billion, a PE ratio of 21.38, a price-to-earnings-growth ratio of 1.00 and a beta of 0.82. 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’s fifty day moving average price is $317.68 and its two-hundred day moving average price is $305.04.

Corpay (NYSE:CPAY) last released its quarterly earnings data on Wednesday, February 4th. The company reported $6.04 EPS for the quarter, topping analysts’ consensus estimates of $5.93 by $0.11. The company had revenue of $1.25 billion during 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 firm’s revenue for the quarter was up 20.7% compared to the same quarter last year. During the same period last 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. On average, analysts expect that Corpay, Inc. will post 19.76 EPS for the current year.

Insider Activity at Corpay

In related news, Director Steven T. Stull purchased 8,000 shares of the stock in a transaction on Friday, December 12th. The shares were 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 directly owned 29,241 shares of the company’s stock, valued at approximately $9,210,330.18. The trade was a 37.66% increase in their position. The acquisition was disclosed in a legal filing with the Securities & Exchange Commission, which is available through the SEC website. Also, 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 value of $610,063.65. Following the transaction, the chief accounting officer owned 2,180 shares of the company’s stock, valued at $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.

About Corpay

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.