Corpay (NYSE:CPAY) Director Steven Stull Sells 2,357 Shares

Corpay, Inc (NYSE:CPAY) Director Steven Stull sold 2,357 shares of the company’s stock in a transaction on Thursday, August 20th. The shares were sold at an average price of $413.62, for a total value of $974,902.34. Following the completion of the sale, the director directly owned 21,241 shares in the company, valued at $8,785,702.42. This trade represents a 9.99% decrease in their position. The transaction was disclosed in a legal filing with the SEC, which is available through this hyperlink.

Corpay Trading Up 1.4%

NYSE:CPAY opened at $417.74 on Friday. The company has a market capitalization of $27.43 billion, a PE ratio of 25.43, a price-to-earnings-growth ratio of 1.13 and a beta of 0.87. The company has a quick ratio of 0.97, a current ratio of 0.97 and a debt-to-equity ratio of 1.70. Corpay, Inc has a 52-week low of $252.84 and a 52-week high of $425.95. The stock has a fifty day simple moving average of $373.35 and a 200-day simple moving average of $343.23.

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

Wall Street Analyst Weigh In

CPAY has been the subject of a number of recent research reports. Keefe, Bruyette & Woods raised their price objective on shares of Corpay from $400.00 to $470.00 and gave the stock an “outperform” rating in a research note on Thursday, August 6th. Weiss Ratings reaffirmed a “buy (b-)” rating on shares of Corpay in a research note on Friday, July 24th. Raymond James Financial reiterated an “outperform” rating and set a $442.00 target price on shares of Corpay in a report on Thursday, August 6th. Wolfe Research reissued an “outperform” rating and set a $475.00 price target on shares of Corpay in a research report on Thursday, August 6th. Finally, Oppenheimer reissued an “outperform” rating and issued a $388.00 price target on shares of Corpay in a report on Friday, May 8th. Twelve analysts have rated the stock with a Buy rating and three have issued a Hold rating to the company’s stock. According to MarketBeat.com, the stock presently has an average rating of “Moderate Buy” and a consensus price target of $426.08.

Institutional Investors Weigh In On Corpay

A number of hedge funds and other institutional investors have recently modified their holdings of CPAY. Northwestern Mutual Wealth Management Co. lifted its stake in shares of Corpay by 168,603.9% during the fourth quarter. Northwestern Mutual Wealth Management Co. now owns 1,489,655 shares of the corporate payments company’s stock valued at $448,282,000 after buying an additional 1,488,772 shares during the period. Norges Bank acquired a new stake in Corpay during the fourth quarter worth approximately $266,190,000. Orbis Allan Gray Ltd grew its stake in Corpay by 20.8% in the 4th quarter. Orbis Allan Gray Ltd now owns 4,987,968 shares of the corporate payments company’s stock worth $1,501,029,000 after acquiring an additional 859,854 shares during the period. Spruce House Investment Management LLC grew its stake in Corpay by 95.3% in the 4th quarter. Spruce House Investment Management LLC now owns 830,000 shares of the corporate payments company’s stock worth $249,772,000 after acquiring an additional 405,000 shares during the period. Finally, Hawk Ridge Capital Management LP acquired a new position in Corpay in the 3rd quarter valued at $106,381,000. 98.84% of the stock is currently owned by hedge funds and other institutional investors.

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.