American Century Companies Inc. Reduces Stake in Corpay, Inc. $CPAY

American Century Companies Inc. lessened its holdings in shares of Corpay, Inc. (NYSE:CPAY) by 12.8% during the 3rd quarter, according to its most recent 13F filing with the SEC. The institutional investor owned 319,851 shares of the company’s stock after selling 46,774 shares during the period. American Century Companies Inc.’s holdings in Corpay were worth $92,136,000 at the end of the most recent reporting period.

Other institutional investors have also recently added to or reduced their stakes in the company. Northwestern Mutual Wealth Management Co. increased its stake in Corpay by 4.8% in the second quarter. Northwestern Mutual Wealth Management Co. now owns 846 shares of the company’s stock valued at $281,000 after purchasing an additional 39 shares during the last quarter. Thrivent Financial for Lutherans lifted its position in shares of Corpay by 1.4% during the 2nd quarter. Thrivent Financial for Lutherans now owns 2,771 shares of the company’s stock worth $919,000 after buying an additional 39 shares during the last quarter. Renaissance Group LLC boosted its holdings in shares of Corpay by 3.2% in the 2nd quarter. Renaissance Group LLC now owns 1,809 shares of the company’s stock valued at $600,000 after buying an additional 56 shares in the last quarter. US Bancorp DE boosted its holdings in shares of Corpay by 1.9% in the 3rd quarter. US Bancorp DE now owns 3,096 shares of the company’s stock valued at $892,000 after buying an additional 58 shares in the last quarter. Finally, Allworth Financial LP grew its position in shares of Corpay by 37.4% in the 2nd quarter. Allworth Financial LP now owns 239 shares of the company’s stock valued at $79,000 after buying an additional 65 shares during the last quarter. Hedge funds and other institutional investors own 98.84% of the company’s stock.

Analyst Upgrades and Downgrades

CPAY has been the subject of a number of research reports. Royal Bank Of Canada boosted their price target on shares of Corpay from $344.00 to $363.00 and gave the company a “sector perform” rating in a research report on Thursday, February 5th. Mizuho lifted their target price on Corpay from $320.00 to $340.00 and gave the stock a “neutral” rating in a research report on Friday, February 6th. Weiss Ratings reissued a “hold (c+)” rating on shares of Corpay in a research report on Monday, December 29th. Morgan Stanley raised their price target on Corpay from $379.00 to $390.00 and gave the stock an “overweight” rating in a research note on Thursday, February 5th. Finally, Scotiabank upgraded Corpay to a “sector outperform” rating in a research note on Monday, January 26th. Ten equities research analysts have rated the stock with a Buy rating and five have issued a Hold rating to the stock. According to data from MarketBeat.com, the company has a consensus rating of “Moderate Buy” and a consensus price target of $379.79.

Insider Buying and Selling

In other Corpay news, CAO Alissa B. Vickery sold 1,701 shares of the firm’s 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 completion of the sale, the chief accounting officer owned 2,180 shares of the company’s stock, valued at approximately $781,857. This trade represents a 43.83% decrease in their ownership of the stock. The transaction was disclosed in a legal filing with the Securities & Exchange Commission, which can be accessed through the SEC website. Also, Director Steven T. Stull purchased 8,000 shares of the stock in a transaction dated Friday, December 12th. The shares were bought at an average cost of $314.98 per share, for a total transaction of $2,519,840.00. Following the completion of the purchase, the director owned 29,241 shares in the company, valued at approximately $9,210,330.18. This trade represents a 37.66% increase in their ownership of the stock. The disclosure for this purchase is available in the SEC filing. 5.04% of the stock is owned by insiders.

Corpay Stock Performance

NYSE:CPAY opened at $333.84 on Wednesday. The firm has a market cap of $23.36 billion, a price-to-earnings ratio of 22.20, a price-to-earnings-growth ratio of 0.96 and a beta of 0.80. The firm’s fifty day moving average price is $324.92 and its 200 day moving average price is $306.70. 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 $361.99.

Corpay (NYSE:CPAY) last posted its quarterly earnings results on Wednesday, February 4th. The company reported $6.04 earnings per share (EPS) for the quarter, topping the consensus estimate of $5.93 by $0.11. Corpay had a net margin of 23.62% and a return on equity of 37.13%. The firm had revenue of $1.25 billion during the quarter, compared to analysts’ expectations of $1.23 billion. During the same period in the prior year, the company posted $5.36 earnings per share. The firm’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. On average, sell-side analysts expect that Corpay, Inc. will post 19.76 EPS for the current year.

Corpay Profile

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.