Corpay (NYSE:CPAY) Director Steven Stull Sells 1,000 Shares

Corpay, Inc. (NYSE:CPAY) Director Steven Stull sold 1,000 shares of the business’s stock in a transaction that occurred on Tuesday, June 2nd. The stock was sold at an average price of $360.78, for a total transaction of $360,780.00. Following the completion of the sale, the director owned 28,241 shares in the company, valued at $10,188,787.98. The trade was a 3.42% decrease in their ownership of the stock. The transaction was disclosed in a filing with the Securities & Exchange Commission, which is accessible through the SEC website.

Corpay Stock Down 0.9%

NYSE CPAY opened at $352.76 on Tuesday. The company has a debt-to-equity ratio of 1.86, a current ratio of 0.98 and a quick ratio of 0.98. The company’s 50 day simple moving average is $332.39 and its 200 day simple moving average is $321.48. Corpay, Inc. has a 12 month low of $252.84 and a 12 month high of $367.43. The company has a market capitalization of $23.06 billion, a P/E ratio of 21.11, a PEG ratio of 0.97 and a beta of 0.86.

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

Wall Street Analysts Forecast Growth

A number of analysts recently commented on the stock. Raymond James Financial reiterated an “outperform” rating and issued a $361.00 target price on shares of Corpay in a report on Thursday, March 5th. Wall Street Zen upgraded shares of Corpay from a “hold” rating to a “buy” rating in a report on Monday, March 23rd. Weiss Ratings upgraded shares of Corpay from a “hold (c+)” rating to a “buy (b-)” rating in a report on Monday, April 27th. Morgan Stanley restated an “overweight” rating and set a $400.00 price target on shares of Corpay in a report on Sunday, May 10th. Finally, Wolfe Research restated an “outperform” rating and set a $450.00 price target on shares of Corpay in a report on Wednesday, June 3rd. Thirteen analysts have rated the stock with a Buy rating and three have assigned a Hold rating to the company. According to MarketBeat.com, Corpay has a consensus rating of “Moderate Buy” and a consensus target price of $383.07.

Institutional Inflows and Outflows

Several large investors have recently added to or reduced their stakes in CPAY. Hendershot Investments Inc. raised its stake in Corpay by 37.5% during the 3rd quarter. Hendershot Investments Inc. now owns 51,779 shares of the company’s stock valued at $14,915,000 after purchasing an additional 14,128 shares during the last quarter. Mitsubishi UFJ Asset Management Co. Ltd. raised its stake in Corpay by 5.6% during the 3rd quarter. Mitsubishi UFJ Asset Management Co. Ltd. now owns 138,858 shares of the company’s stock valued at $39,999,000 after purchasing an additional 7,397 shares during the last quarter. Vanguard Group Inc. raised its stake in Corpay by 0.7% during the 3rd 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 last quarter. Citigroup Inc. raised its stake in Corpay by 35.2% during the 3rd quarter. Citigroup Inc. now owns 86,004 shares of the company’s stock valued at $24,774,000 after purchasing an additional 22,401 shares during the last quarter. Finally, Tredje AP fonden raised its stake in Corpay by 54.0% during the 3rd quarter. Tredje AP fonden now owns 8,877 shares of the company’s stock valued at $2,557,000 after purchasing an additional 3,112 shares during the last quarter. Institutional investors and hedge funds own 98.84% of the company’s stock.

Corpay Company 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.