Comerica Bank Sells 1,711 Shares of Corpay, Inc. $CPAY

Comerica Bank decreased its position in Corpay, Inc. (NYSE:CPAY) by 14.7% in the fourth quarter, according to its most recent 13F filing with the Securities and Exchange Commission (SEC). The fund owned 9,897 shares of the company’s stock after selling 1,711 shares during the quarter. Comerica Bank’s holdings in Corpay were worth $2,978,000 as of its most recent filing with the Securities and Exchange Commission (SEC).

Other large investors have also bought and sold shares of the company. BOKF NA increased its stake in Corpay by 4,700.0% in the 3rd quarter. BOKF NA now owns 96 shares of the company’s stock worth $28,000 after purchasing an additional 94 shares during the period. Root Financial Partners LLC purchased a new position in Corpay in the 3rd quarter worth approximately $40,000. Board of the Pension Protection Fund purchased a new position in Corpay in the 4th quarter worth approximately $48,000. Advisory Services Network LLC purchased a new position in Corpay in the 3rd quarter worth approximately $48,000. Finally, Mather Group LLC. purchased a new position in Corpay in the 3rd quarter worth approximately $49,000. 98.84% of the stock is owned by hedge funds and other institutional investors.

Wall Street Analyst Weigh In

A number of equities analysts have commented on the company. Scotiabank raised Corpay to a “sector outperform” rating in a research note on Monday, January 26th. Wall Street Zen raised Corpay from a “hold” rating to a “buy” rating in a research note on Monday, March 23rd. Weiss Ratings raised Corpay from a “hold (c+)” rating to a “buy (b-)” rating in a research note on Monday, April 27th. Mizuho boosted their target price on Corpay from $320.00 to $340.00 and gave the company a “neutral” rating in a research note on Friday, February 6th. Finally, Oppenheimer reissued an “outperform” rating and set a $378.00 target price on shares of Corpay in a research note on Thursday, February 5th. Eleven analysts have rated the stock with a Buy rating and three have assigned a Hold rating to the stock. According to MarketBeat.com, the stock has a consensus rating of “Moderate Buy” and a consensus price target of $373.92.

Insiders Place Their Bets

In related news, CAO Alissa B. Vickery sold 1,701 shares of the company’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 sale, the chief accounting officer directly owned 2,180 shares of the company’s stock, valued at $781,857. This represents a 43.83% decrease in their ownership of the stock. The sale was disclosed in a document filed with the Securities & Exchange Commission, which is available at this link. 5.19% of the stock is currently owned by insiders.

Corpay Price Performance

CPAY opened at $311.17 on Tuesday. The company has a debt-to-equity ratio of 1.70, a quick ratio of 0.98 and a current ratio of 0.98. Corpay, Inc. has a 52-week low of $252.84 and a 52-week high of $361.99. The stock has a market capitalization of $21.18 billion, a PE ratio of 20.69, a price-to-earnings-growth ratio of 0.87 and a beta of 0.81. The stock’s 50 day moving average price is $313.01 and its 200-day moving average price is $307.59.

Corpay (NYSE:CPAY) last posted its earnings results on Wednesday, February 4th. The company reported $6.04 earnings per share (EPS) for the quarter, beating the consensus estimate of $5.93 by $0.11. Corpay had a return on equity of 37.13% and a net margin of 23.62%.The firm had revenue of $1.25 billion for the quarter, compared to analysts’ expectations of $1.23 billion. During the same period in the previous year, the firm earned $5.36 earnings per share. The business’s revenue was up 20.7% compared to the same quarter last year. 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, equities research analysts predict that Corpay, Inc. will post 24.64 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.