Natixis Advisors LLC Sells 4,006 Shares of Corpay, Inc. $CPAY

Natixis Advisors LLC reduced its stake in shares of Corpay, Inc. (NYSE:CPAY) by 14.7% in the fourth quarter, according to its most recent filing with the SEC. The institutional investor owned 23,223 shares of the company’s stock after selling 4,006 shares during the period. Natixis Advisors LLC’s holdings in Corpay were worth $6,988,000 as of its most recent filing with the SEC.

Several other institutional investors have also bought and sold shares of CPAY. Mitsubishi UFJ Asset Management Co. Ltd. increased its position in Corpay by 5.6% in the third quarter. Mitsubishi UFJ Asset Management Co. Ltd. now owns 138,858 shares of the company’s stock worth $39,999,000 after buying an additional 7,397 shares during the last quarter. Hendershot Investments Inc. raised its stake in Corpay by 37.5% in the 3rd quarter. Hendershot Investments Inc. now owns 51,779 shares of the company’s stock valued at $14,915,000 after acquiring an additional 14,128 shares during the period. Vanguard Group Inc. raised its position in shares of Corpay by 0.7% in the third quarter. Vanguard Group Inc. now owns 8,182,672 shares of the company’s stock valued at $2,357,100,000 after purchasing an additional 58,235 shares during the period. Citigroup Inc. lifted its position in shares of Corpay by 35.2% during the third quarter. Citigroup Inc. now owns 86,004 shares of the company’s stock worth $24,774,000 after acquiring an additional 22,401 shares in the last quarter. Finally, Tredje AP fonden lifted its position in shares of Corpay by 54.0% during the third quarter. Tredje AP fonden now owns 8,877 shares of the company’s stock worth $2,557,000 after acquiring an additional 3,112 shares in the last quarter. Institutional investors own 98.84% of the company’s stock.

Analyst Ratings Changes

Several brokerages have recently weighed in on CPAY. Oppenheimer reiterated an “outperform” rating and issued a $388.00 price target on shares of Corpay in a research report on Friday, May 8th. UBS Group raised their target price on Corpay from $315.00 to $380.00 and gave the stock a “neutral” rating in a research note on Tuesday, February 10th. Cantor Fitzgerald lifted their target price on Corpay from $385.00 to $415.00 and gave the company an “overweight” rating in a report on Monday, February 9th. Loop Capital started coverage on Corpay in a research report on Monday, May 18th. They set a “buy” rating and a $406.00 price target on the stock. Finally, Wall Street Zen upgraded shares of Corpay from a “hold” rating to a “buy” rating in a research report on Monday, March 23rd. Thirteen investment analysts have rated the stock with a Buy rating and three have issued a Hold rating to the stock. According to data from MarketBeat.com, the stock currently has an average rating of “Moderate Buy” and an average target price of $383.07.

Insiders Place Their Bets

In other Corpay news, insider Armando Lins Netto sold 2,694 shares of the company’s stock in a transaction dated Friday, May 29th. The shares were sold at an average price of $357.01, for a total transaction of $961,784.94. Following the completion of the sale, the insider directly owned 15,834 shares in the company, valued at $5,652,896.34. This represents a 14.54% decrease in their ownership of the stock. The transaction was disclosed in a filing with the SEC, which is available at this hyperlink. Insiders have sold 17,201 shares of company stock valued at $6,126,597 over the last ninety days. Insiders own 5.19% of the company’s stock.

Corpay Stock Performance

NYSE:CPAY opened at $348.12 on Monday. The company has a market capitalization of $22.75 billion, a price-to-earnings ratio of 20.83, a PEG ratio of 0.95 and a beta of 0.86. The business has a 50 day moving average of $324.90 and a 200 day moving average of $318.50. The company has a debt-to-equity ratio of 1.86, a current ratio of 0.98 and a quick ratio of 0.98. Corpay, Inc. has a 1-year low of $252.84 and a 1-year high of $367.43.

Corpay (NYSE:CPAY) last posted its quarterly earnings results on Thursday, May 7th. The company reported $5.80 EPS for the quarter, topping the consensus estimate of $5.50 by $0.30. Corpay had a net margin of 24.60% and a return on equity of 38.68%. The firm had revenue of $1.26 billion for the quarter, compared to the consensus estimate of $1.21 billion. During the same period last year, the firm posted $4.51 earnings per share. The business’s revenue was up 25.4% compared to the same quarter last year. Corpay has set its FY 2026 guidance at 26.300-27.100 EPS and its Q2 2026 guidance at 6.450-6.650 EPS. On average, sell-side analysts predict that Corpay, Inc. will post 25.49 earnings per share for the current fiscal year.

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.