National Pension Service Raises Stock Position in Corpay, Inc $CPAY

National Pension Service grew its stake in shares of Corpay, Inc (NYSE:CPAY) by 49.8% in the 2nd quarter, according to its most recent disclosure with the SEC. The institutional investor owned 8,711 shares of the corporate payments company’s stock after acquiring an additional 2,894 shares during the period. National Pension Service’s holdings in Corpay were worth $2,903,000 at the end of the most recent quarter.

A number of other large investors have also recently modified their holdings of CPAY. VELA Investment Management LLC increased its holdings in Corpay by 0.4% during the 2nd quarter. VELA Investment Management LLC now owns 5,782 shares of the corporate payments company’s stock worth $1,927,000 after purchasing an additional 25 shares during the period. Northwestern Mutual Wealth Management Co. lifted its holdings in shares of Corpay by 4.4% in the 3rd quarter. Northwestern Mutual Wealth Management Co. now owns 883 shares of the corporate payments company’s stock worth $254,000 after buying an additional 37 shares during the period. Harbour Investments Inc. lifted its holdings in shares of Corpay by 35.5% in the 4th quarter. Harbour Investments Inc. now owns 149 shares of the corporate payments company’s stock worth $45,000 after buying an additional 39 shares during the period. Thrivent Financial for Lutherans grew its position in shares of Corpay by 1.4% during the 2nd quarter. Thrivent Financial for Lutherans now owns 2,771 shares of the corporate payments company’s stock worth $919,000 after buying an additional 39 shares in the last quarter. Finally, Sequoia Financial Advisors LLC grew its position in shares of Corpay by 1.0% during the 1st quarter. Sequoia Financial Advisors LLC now owns 4,043 shares of the corporate payments company’s stock worth $1,176,000 after buying an additional 41 shares in the last quarter. Hedge funds and other institutional investors own 98.84% of the company’s stock.

Analysts Set New Price Targets

CPAY has been the subject of several recent research reports. Cantor Fitzgerald lifted their price objective on Corpay from $415.00 to $480.00 and gave the company an “overweight” rating in a report on Monday, August 10th. Keefe, Bruyette & Woods increased their target price on shares of Corpay from $400.00 to $470.00 and gave the stock an “outperform” rating in a report on Thursday, August 6th. Robert W. Baird set a $475.00 target price on shares of Corpay in a research report on Thursday, August 6th. Weiss Ratings restated a “buy (b-)” rating on shares of Corpay in a report on Friday, July 24th. Finally, JPMorgan Chase & Co. upped their price target on shares of Corpay from $400.00 to $470.00 and gave the stock an “overweight” rating in a research report on Thursday, August 6th. Twelve investment analysts have rated the stock with a Buy rating and three have given a Hold rating to the company’s stock. According to data from MarketBeat.com, Corpay has an average rating of “Moderate Buy” and an average price target of $438.93.

Corpay Trading Up 0.1%

Shares of NYSE CPAY opened at $408.74 on Monday. The company has a debt-to-equity ratio of 1.70, a current ratio of 0.97 and a quick ratio of 0.97. The stock has a market capitalization of $26.84 billion, a P/E ratio of 24.88, a price-to-earnings-growth ratio of 1.12 and a beta of 0.87. Corpay, Inc has a 1-year low of $252.84 and a 1-year high of $427.46. The business has a fifty day moving average price of $391.97 and a 200 day moving average price of $352.82.

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

Insider Transactions at Corpay

In related news, Director Steven T. Stull sold 2,357 shares of the business’s stock in a transaction that occurred on Thursday, August 20th. The shares were sold at an average price of $413.62, for a total transaction of $974,902.34. Following the completion of the transaction, the director owned 21,241 shares in the company, valued at $8,785,702.42. The trade was a 9.99% decrease in their position. The transaction was disclosed in a legal filing with the SEC, which is available through this link. Also, CEO Ronald Clarke sold 119,486 shares of the stock in a transaction that occurred on Tuesday, August 25th. The shares were sold at an average price of $412.40, for a total transaction of $49,276,026.40. Following the sale, the chief executive officer directly owned 2,354,330 shares of the company’s stock, valued at $970,925,692. The trade was a 4.83% decrease in their position. Additional details regarding this sale are available in the official SEC disclosure. Insiders sold a total of 220,860 shares of company stock worth $91,395,514 over the last 90 days. Company insiders own 5.19% of the company’s stock.

About Corpay

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.