Natixis Advisors LLC Reduces Position in Corpay, Inc. $CPAY

Natixis Advisors LLC decreased its position in Corpay, Inc. (NYSE:CPAY) by 14.7% during the 4th quarter, Holdings Channel reports. The firm owned 23,223 shares of the company’s stock after selling 4,006 shares during the period. Natixis Advisors LLC’s holdings in Corpay were worth $6,988,000 at the end of the most recent quarter.

Other hedge funds also recently made changes to their positions in the company. New Mexico Educational Retirement Board boosted its position in Corpay by 3.1% during the 4th quarter. New Mexico Educational Retirement Board now owns 3,300 shares of the company’s stock valued at $993,000 after buying an additional 100 shares during the period. Thompson Siegel & Walmsley LLC increased its position in shares of Corpay by 6.8% in the fourth quarter. Thompson Siegel & Walmsley LLC now owns 199,909 shares of the company’s stock valued at $60,159,000 after acquiring an additional 12,718 shares during the period. Hazlett Burt & Watson Inc. raised its stake in shares of Corpay by 62.5% during the fourth quarter. Hazlett Burt & Watson Inc. now owns 325 shares of the company’s stock valued at $98,000 after acquiring an additional 125 shares during the last quarter. Nomura Asset Management Co. Ltd. raised its stake in shares of Corpay by 7.9% during the fourth quarter. Nomura Asset Management Co. Ltd. now owns 23,317 shares of the company’s stock valued at $7,017,000 after acquiring an additional 1,702 shares during the last quarter. Finally, MUFG Securities EMEA plc boosted its holdings in shares of Corpay by 112.1% during the fourth quarter. MUFG Securities EMEA plc now owns 2,868 shares of the company’s stock worth $863,000 after purchasing an additional 1,516 shares during the period. 98.84% of the stock is owned by hedge funds and other institutional investors.

Corpay Price Performance

Shares of NYSE CPAY opened at $348.12 on Monday. The company has a 50 day simple moving average of $324.90 and a two-hundred day simple moving average of $318.50. Corpay, Inc. has a fifty-two week low of $252.84 and a fifty-two week high of $367.43. The company has a market capitalization of $22.75 billion, a price-to-earnings ratio of 20.83, a P/E/G ratio of 0.95 and a beta of 0.86. The company has a debt-to-equity ratio of 1.86, a quick ratio of 0.98 and a current ratio of 0.98.

Corpay (NYSE:CPAY) last issued its quarterly 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. The firm had revenue of $1.26 billion for the quarter, compared to analysts’ expectations of $1.21 billion. Corpay had a return on equity of 38.68% and a net margin of 24.60%.The business’s revenue for the quarter was up 25.4% compared to the same quarter last year. During the same period in the previous year, the firm posted $4.51 EPS. Corpay has set its FY 2026 guidance at 26.300-27.100 EPS and its Q2 2026 guidance at 6.450-6.650 EPS. Analysts expect that Corpay, Inc. will post 25.49 EPS for the current fiscal year.

Analyst Upgrades and Downgrades

Several research firms recently issued reports on CPAY. Cantor Fitzgerald raised their target price on Corpay from $385.00 to $415.00 and gave the stock an “overweight” rating in a research note on Monday, February 9th. Robert W. Baird dropped their price objective on Corpay from $440.00 to $380.00 and set an “outperform” rating for the company in a report on Tuesday, March 31st. Oppenheimer reiterated an “outperform” rating and issued a $388.00 price objective on shares of Corpay in a research report on Friday, May 8th. Wall Street Zen raised Corpay from a “hold” rating to a “buy” rating in a research note on Monday, March 23rd. Finally, Raymond James Financial restated an “outperform” rating and set a $361.00 target price on shares of Corpay in a report on Thursday, March 5th. Thirteen equities research analysts have rated the stock with a Buy rating and three have given a Hold rating to the company’s stock. According to MarketBeat, Corpay presently has a consensus rating of “Moderate Buy” and an average price target of $383.07.

Insider Transactions at Corpay

In other Corpay news, insider Armando Lins Netto sold 14,089 shares of the business’s stock in a transaction on Thursday, May 28th. The stock was sold at an average price of $356.05, for a total value of $5,016,388.45. Following the sale, the insider directly owned 18,528 shares of the company’s stock, valued at approximately $6,596,894.40. The trade was a 43.20% decrease in their ownership of the stock. The transaction was disclosed in a legal filing with the SEC, which can be accessed through this link. Insiders sold a total of 17,201 shares of company stock worth $6,126,597 in the last three months. 5.19% of the stock is currently owned by 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.