Russell Investments Group Ltd. Buys 4,780 Shares of Corpay, Inc. $CPAY

Russell Investments Group Ltd. grew its stake in shares of Corpay, Inc. (NYSE:CPAY) by 4.9% in the 3rd quarter, HoldingsChannel reports. The fund owned 102,110 shares of the company’s stock after purchasing an additional 4,780 shares during the quarter. Russell Investments Group Ltd.’s holdings in Corpay were worth $29,447,000 as of its most recent filing with the Securities & Exchange Commission.

Other institutional investors and hedge funds also recently made changes to their positions in the company. Inceptionr LLC acquired a new stake in Corpay during the 3rd quarter worth approximately $1,091,000. Dynamic Technology Lab Private Ltd grew its holdings in Corpay by 133.5% in the 3rd quarter. Dynamic Technology Lab Private Ltd now owns 4,600 shares of the company’s stock valued at $1,325,000 after buying an additional 2,630 shares in the last quarter. Vinva Investment Management Ltd grew its holdings in Corpay by 16.9% in the 3rd quarter. Vinva Investment Management Ltd now owns 5,151 shares of the company’s stock valued at $1,524,000 after buying an additional 745 shares in the last quarter. Meiji Yasuda Asset Management Co Ltd. bought a new position in Corpay during the 3rd quarter worth $205,000. Finally, SPX Gestao de Recursos Ltda increased its position in Corpay by 227.2% during the 3rd quarter. SPX Gestao de Recursos Ltda now owns 19,960 shares of the company’s stock worth $5,750,000 after buying an additional 13,860 shares during the period. Institutional investors and hedge funds own 98.84% of the company’s stock.

Insider Buying and Selling at Corpay

In related 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 transaction of $610,063.65. Following the sale, the chief accounting officer owned 2,180 shares of the company’s stock, valued at $781,857. This trade represents a 43.83% decrease in their position. The transaction was disclosed in a legal filing with the SEC, which is available through this hyperlink. 5.04% of the stock is currently owned by company insiders.

Wall Street Analysts Forecast Growth

CPAY has been the subject of a number of recent research reports. Oppenheimer reissued an “outperform” rating and issued a $378.00 target price on shares of Corpay in a research report on Thursday, February 5th. Morgan Stanley lifted their price objective on shares of Corpay from $379.00 to $390.00 and gave the stock an “overweight” rating in a research note on Thursday, February 5th. Scotiabank raised shares of Corpay to a “sector outperform” rating in a report on Monday, January 26th. UBS Group increased their target price on shares of Corpay from $315.00 to $380.00 and gave the stock a “neutral” rating in a research report on Tuesday, February 10th. Finally, Cantor Fitzgerald lifted their price target on shares of Corpay from $385.00 to $415.00 and gave the company an “overweight” rating in a research report on Monday, February 9th. Ten equities research analysts have rated the stock with a Buy rating and five have given a Hold rating to the company’s stock. Based on data from MarketBeat.com, the company presently has a consensus rating of “Moderate Buy” and an average price target of $377.57.

Corpay Price Performance

CPAY stock opened at $321.40 on Friday. The stock has a market cap of $22.49 billion, a price-to-earnings ratio of 21.37, a P/E/G ratio of 0.95 and a beta of 0.80. The company has a debt-to-equity ratio of 1.70, a current ratio of 0.98 and a quick ratio of 0.98. The company has a 50 day simple moving average of $327.46 and a 200 day simple moving average of $307.12. Corpay, Inc. has a 1 year low of $252.84 and a 1 year high of $361.99.

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

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.