BNP Paribas Financial Markets Sells 5,174 Shares of Corpay, Inc. $CPAY

BNP Paribas Financial Markets cut its position in shares of Corpay, Inc. (NYSE:CPAY) by 4.5% during the 4th quarter, according to its most recent 13F filing with the Securities and Exchange Commission. The fund owned 110,269 shares of the company’s stock after selling 5,174 shares during the quarter. BNP Paribas Financial Markets’ holdings in Corpay were worth $33,183,000 as of its most recent SEC filing.

Several other institutional investors have also recently modified their holdings of the company. Norges Bank bought a new position in shares of Corpay during the 4th quarter valued at about $266,190,000. Eurizon Capital SGR S.p.A. bought a new position in shares of Corpay during the 4th quarter valued at about $1,878,000. Triglav Investments D.O.O. bought a new position in shares of Corpay during the 4th quarter valued at about $650,000. Rothschild Investment LLC increased its position in shares of Corpay by 202.1% during the 4th quarter. Rothschild Investment LLC now owns 145 shares of the company’s stock valued at $44,000 after purchasing an additional 97 shares during the last quarter. Finally, SBI Okasan Asset Management Co.Ltd. bought a new position in shares of Corpay during the 4th quarter valued at about $74,000. 98.84% of the stock is currently owned by institutional investors.

Insiders Place Their Bets

In other Corpay news, insider Armando Lins Netto sold 2,694 shares of the stock in a transaction that occurred on Friday, May 29th. The stock was sold at an average price of $357.01, for a total value of $961,784.94. Following the completion of the sale, the insider owned 15,834 shares in the company, valued at approximately $5,652,896.34. This trade represents a 14.54% decrease in their position. The transaction was disclosed in a filing with the SEC, which can be accessed through the SEC website. In the last three months, insiders sold 17,201 shares of company stock valued at $6,126,597. Company insiders own 5.19% of the company’s stock.

Corpay Price Performance

CPAY opened at $352.73 on Thursday. The stock’s 50 day simple moving average is $322.52 and its 200 day simple moving average is $317.42. The company has a debt-to-equity ratio of 1.86, a current ratio of 0.98 and a quick ratio of 0.98. Corpay, Inc. has a 1 year low of $252.84 and a 1 year high of $367.43. The firm has a market cap of $23.05 billion, a price-to-earnings ratio of 21.11, a PEG ratio of 0.99 and a beta of 0.86.

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

Wall Street Analyst Weigh In

CPAY has been the topic of several recent research reports. JPMorgan Chase & Co. increased their price objective on Corpay from $350.00 to $390.00 and gave the company an “overweight” rating in a research report on Thursday, February 5th. Wolfe Research restated an “outperform” rating and set a $450.00 price target on shares of Corpay in a research report on Wednesday. Cantor Fitzgerald raised their price target on Corpay from $385.00 to $415.00 and gave the stock an “overweight” rating in a research report on Monday, February 9th. Robert W. Baird reduced their price target on Corpay from $440.00 to $380.00 and set an “outperform” rating on the stock in a research report on Tuesday, March 31st. Finally, Loop Capital started coverage on Corpay in a research report on Monday, May 18th. They set a “buy” rating and a $406.00 price target on the stock. Thirteen analysts have rated the stock with a Buy rating and three have assigned a Hold rating to the company’s stock. According to MarketBeat, the company presently has an average rating of “Moderate Buy” and an average target price of $383.07.

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.