JPMorgan Chase & Co. Cuts Stock Position in Corpay, Inc. $CPAY

JPMorgan Chase & Co. decreased its holdings in shares of Corpay, Inc. (NYSE:CPAY) by 3.1% during the third quarter, according to the company in its most recent disclosure with the Securities & Exchange Commission. The institutional investor owned 4,427,572 shares of the company’s stock after selling 140,768 shares during the quarter. JPMorgan Chase & Co. owned about 0.06% of Corpay worth $1,275,407,000 as of its most recent SEC filing.

Several other institutional investors have also bought and sold shares of the business. Norges Bank purchased a new stake in shares of Corpay during the 2nd quarter valued at about $266,246,000. Vanguard Group Inc. grew its position in Corpay by 3.2% in the second quarter. Vanguard Group Inc. now owns 8,124,437 shares of the company’s stock worth $2,695,851,000 after acquiring an additional 251,651 shares in the last quarter. Boston Partners increased its stake in Corpay by 5.8% during the second quarter. Boston Partners now owns 2,289,271 shares of the company’s stock worth $758,536,000 after acquiring an additional 125,331 shares during the last quarter. Orbis Allan Gray Ltd raised its position in Corpay by 3.3% during the second quarter. Orbis Allan Gray Ltd now owns 3,855,589 shares of the company’s stock valued at $1,279,362,000 after purchasing an additional 124,368 shares during the period. Finally, Invesco Ltd. lifted its stake in shares of Corpay by 4.4% in the 2nd quarter. Invesco Ltd. now owns 1,978,930 shares of the company’s stock valued at $656,649,000 after purchasing an additional 84,198 shares during the last quarter. Institutional investors own 98.84% of the company’s stock.

Corpay Trading Up 5.1%

CPAY opened at $337.65 on Tuesday. The company has a quick ratio of 1.13, a current ratio of 0.98 and a debt-to-equity ratio of 1.70. The stock’s fifty day moving average is $318.91 and its two-hundred day moving average is $304.81. The company has a market capitalization of $23.62 billion, a P/E ratio of 22.45, a PEG ratio of 0.97 and a beta of 0.82. Corpay, Inc. has a 52 week low of $252.84 and a 52 week high of $386.88.

Corpay (NYSE:CPAY) last issued its earnings results on Wednesday, February 4th. The company reported $6.04 earnings per share for the quarter, topping the consensus estimate of $5.93 by $0.11. The business had revenue of $1.25 billion during the quarter, compared to analysts’ expectations of $1.23 billion. Corpay had a return on equity of 37.13% and a net margin of 23.62%.The business’s revenue for the quarter was up 20.7% compared to the same quarter last year. During the same period in the prior year, the business earned $5.36 EPS. Corpay has set its FY 2026 guidance at 25.500-26.500 EPS and its Q1 2026 guidance at 5.380-5.520 EPS. Analysts forecast that Corpay, Inc. will post 19.76 earnings per share for the current year.

Wall Street Analysts Forecast Growth

Several equities analysts have recently weighed in on the company. Jefferies Financial Group reissued a “buy” rating on shares of Corpay in a research report on Monday, November 3rd. Cantor Fitzgerald lifted their price objective on shares of Corpay from $385.00 to $415.00 and gave the stock an “overweight” rating in a research note on Monday, February 9th. Morgan Stanley increased their target price on shares of Corpay from $379.00 to $390.00 and gave the company an “overweight” rating in a research note on Thursday, February 5th. Williams Trading set a $300.00 target price on shares of Corpay in a report on Monday, November 3rd. Finally, Scotiabank raised shares of Corpay to a “sector outperform” rating in a research note on Monday, January 26th. Ten analysts have rated the stock with a Buy rating and five have given a Hold rating to the stock. According to data from MarketBeat, the company presently has a consensus rating of “Moderate Buy” and an average price target of $379.79.

Insider Activity

In other Corpay news, CAO Alissa B. Vickery sold 1,701 shares of the stock in a transaction dated Tuesday, February 10th. The shares were sold at an average price of $358.65, for a total transaction of $610,063.65. Following the transaction, the chief accounting officer directly owned 2,180 shares in the company, valued at $781,857. This represents a 43.83% decrease in their position. The sale was disclosed in a legal filing with the Securities & Exchange Commission, which is available at the SEC website. Also, Director Steven T. Stull purchased 8,000 shares of Corpay stock in a transaction dated Friday, December 12th. The stock was acquired at an average price of $314.98 per share, with a total value of $2,519,840.00. Following the acquisition, the director owned 29,241 shares in the company, valued at approximately $9,210,330.18. This represents a 37.66% increase in their position. Additional details regarding this purchase are available in the official SEC disclosure. 5.04% of the stock is owned by corporate insiders.

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.