Principal Financial Group Inc. Sells 4,617 Shares of Corpay, Inc. $CPAY

Principal Financial Group Inc. trimmed its stake in Corpay, Inc. (NYSE:CPAY) by 5.6% in the 3rd quarter, according to its most recent filing with the Securities and Exchange Commission (SEC). The fund owned 77,970 shares of the company’s stock after selling 4,617 shares during the period. Principal Financial Group Inc.’s holdings in Corpay were worth $22,460,000 at the end of the most recent reporting period.

Other large investors have also recently modified their holdings of the company. Integrated Wealth Concepts LLC bought a new stake in Corpay in the first quarter worth $207,000. Woodline Partners LP boosted its stake in shares of Corpay by 39.3% during the 1st quarter. Woodline Partners LP now owns 5,890 shares of the company’s stock worth $2,054,000 after purchasing an additional 1,661 shares during the period. Intech Investment Management LLC lifted its stake in Corpay by 30.4% in the first quarter. Intech Investment Management LLC now owns 3,341 shares of the company’s stock worth $1,165,000 after purchasing an additional 778 shares during the last quarter. Janney Montgomery Scott LLC grew its stake in shares of Corpay by 29.0% during the second quarter. Janney Montgomery Scott LLC now owns 3,758 shares of the company’s stock valued at $1,247,000 after buying an additional 845 shares during the last quarter. Finally, Ameritas Advisory Services LLC purchased a new stake in shares of Corpay in the second quarter worth approximately $37,000. Institutional investors own 98.84% of the company’s stock.

Corpay Stock Up 5.4%

NYSE:CPAY opened at $352.98 on Friday. The company has a debt-to-equity ratio of 1.70, a current ratio of 0.98 and a quick ratio of 1.13. Corpay, Inc. has a 1-year low of $252.84 and a 1-year high of $391.28. The company has a 50-day moving average of $313.85 and a 200 day moving average of $304.61. The firm has a market cap of $24.69 billion, a PE ratio of 23.47, a price-to-earnings-growth ratio of 1.08 and a beta of 0.82.

Corpay (NYSE:CPAY) last posted its earnings results on Wednesday, February 4th. The company reported $6.04 EPS for the quarter, beating analysts’ consensus estimates of $5.93 by $0.11. Corpay had a net margin of 23.62% and a return on equity of 37.13%. The business had revenue of $1.25 billion for the quarter, compared to the consensus estimate of $1.23 billion. During the same quarter last year, the firm posted $5.36 EPS. The company’s revenue for the quarter was up 20.7% on a year-over-year basis. Corpay has set its FY 2026 guidance at 25.500-26.500 EPS and its Q1 2026 guidance at 5.380-5.520 EPS. As a group, research analysts anticipate that Corpay, Inc. will post 19.76 EPS for the current fiscal year.

Analyst Upgrades and Downgrades

Several brokerages have commented on CPAY. Morgan Stanley upped their price objective on Corpay from $379.00 to $390.00 and gave the company an “overweight” rating in a research report on Thursday. Williams Trading set a $300.00 price target on shares of Corpay in a report on Monday, November 3rd. Jefferies Financial Group reaffirmed a “buy” rating on shares of Corpay in a research note on Monday, November 3rd. Weiss Ratings reissued a “hold (c+)” rating on shares of Corpay in a research report on Monday, December 29th. Finally, Scotiabank raised shares of Corpay to a “sector outperform” rating in a research report on Monday, January 26th. One analyst has rated the stock with a Strong Buy rating, nine have issued a Buy rating and five have given a Hold rating to the company. Based on data from MarketBeat, Corpay currently has a consensus rating of “Moderate Buy” and an average price target of $373.00.

Insider Buying and Selling

In other Corpay news, Director Steven T. Stull acquired 8,000 shares of Corpay stock in a transaction that occurred on Friday, December 12th. The stock was bought at an average price of $314.98 per share, with a total value of $2,519,840.00. Following the completion of the purchase, the director directly owned 29,241 shares of the company’s stock, valued at approximately $9,210,330.18. This represents a 37.66% increase in their position. The purchase was disclosed in a filing with the Securities & Exchange Commission, which can be accessed through the SEC website. 5.04% of the stock is owned by company insiders.

Trending Headlines about Corpay

Here are the key news stories impacting Corpay this week:

• Positive Sentiment: Q4 beat — Corpay reported Q4 EPS of $6.04 and revenue of ~$1.25B, topping consensus and showing ~20.7% revenue growth year-over-year; earnings strength and margin expansion were cited on the call. Corpay’s Q4 Earnings and Revenues Surpass Estimates
• Positive Sentiment: Big-bank upgrades — JPMorgan raised its price target to $390 and keeps an overweight stance, signaling confidence in the company’s growth trajectory and upside potential. Corpay Price Target Raised to $390 at JPMorgan Chase & Co.
• Positive Sentiment: Morgan Stanley lift — Morgan Stanley also bumped its target to $390 and maintains an overweight rating, reinforcing the bullish analyst tone. Corpay price target raised by Morgan Stanley
• Positive Sentiment: Portfolio focus — Corpay agreed to sell PayByPhone (non-core vehicle payments asset), underscoring a strategic shift toward higher-growth corporate payments and cleaner portfolio mix. Investors view the move as sharpening the company’s corporate-payments focus. Corpay Refines Portfolio As PayByPhone Sale Highlights Corporate Payments Focus
• Positive Sentiment: Operational momentum — Coverage pieces and a deep-dive note highlight acquisitions and corporate-payments growth as drivers of positive momentum and re-rating potential. CPAY Q4 Deep Dive: Acquisitions and Corporate Payments Drive Positive Momentum
• Positive Sentiment: Investor theses — Independent bullish commentary argues Corpay is underappreciated as a payments infrastructure business rather than a commodity payments provider, supporting a longer-term upside case. Corpay, Inc. (CPAY): A Bull Case Theory
• Neutral Sentiment: RBC raised its target to $363 with a sector-perform rating — another upward revision but less bullish than the $390 targets, reflecting some analyst dispersion on valuation. Corpay price target raised by RBC Capital
• Negative Sentiment: Mizuho’s take is more cautious — Mizuho raised its target to $340 but kept a neutral rating; that target sits below current levels, implying limited near-term upside from that shop. Corpay price target raised by Mizuho
• Negative Sentiment: Near-term guidance miss — Corpay set Q1 FY2026 EPS guidance of $5.38–$5.52, below the consensus (~$5.82), which introduces some short-term uncertainty despite a stronger FY outlook. (Guidance disclosed in earnings release)

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.