Corpay, Inc. $CPAY Shares Sold by Dimensional Fund Advisors LP

Key Points

• Dimensional Fund Advisors trimmed its stake in Corpay by 1.3% (sold 9,980 shares), leaving 784,927 shares—about 1.11% of the company valued at roughly $226.16 million; other large institutions (notably Norges Bank and Vanguard) added sizable positions and institutional investors now own 98.84% of the stock.
• Operational results and outlook: Corpay beat quarterly EPS estimates ($6.04 vs. $5.93) with revenue up 20.7% YoY to $1.25B, set FY2026 EPS guidance of 25.50–26.50 (Q1 guidance 5.380–5.520), and has an analyst consensus of a "Moderate Buy" with an average target near $377.57.

Dimensional Fund Advisors LP lessened its holdings in Corpay, Inc. (NYSE:CPAY - Free Report) by 1.3% during the third quarter, according to the company in its most recent filing with the Securities and Exchange Commission. The firm owned 784,927 shares of the company's stock after selling 9,980 shares during the period. Dimensional Fund Advisors LP owned about 1.11% of Corpay worth $226,159,000 as of its most recent SEC filing.

Several other hedge funds and other institutional investors have also made changes to their positions in CPAY. Norges Bank acquired a new stake in shares of Corpay in the second quarter valued at about $266,246,000. Vanguard Group Inc. boosted its holdings in Corpay by 3.2% in the 2nd 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 during the period. Boston Partners grew its position in Corpay by 5.8% in the second quarter. Boston Partners now owns 2,289,271 shares of the company's stock valued at $758,536,000 after acquiring an additional 125,331 shares in the last quarter. Orbis Allan Gray Ltd grew its position in Corpay by 3.3% in 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 acquiring an additional 124,368 shares in the last quarter. Finally, Invesco Ltd. raised its stake in shares of Corpay by 4.4% during the second 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 period. Institutional investors and hedge funds own 98.84% of the company's stock.

Corpay Price Performance

Shares of CPAY opened at $314.57 on Friday. Corpay, Inc. has a 52 week low of $252.84 and a 52 week high of $361.99. The company has a current ratio of 0.98, a quick ratio of 1.13 and a debt-to-equity ratio of 1.70. The firm has a market cap of $22.01 billion, a price-to-earnings ratio of 20.92, a PEG ratio of 0.91 and a beta of 0.80. The stock has a 50 day moving average of $325.63 and a 200-day moving average of $306.88.

Corpay (NYSE:CPAY - Get Free Report) last posted its quarterly 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 business had revenue of $1.25 billion for the quarter, compared to analyst estimates of $1.23 billion. During the same period in the prior year, the company posted $5.36 EPS. 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. As a group, analysts forecast that Corpay, Inc. will post 19.76 EPS for the current year.

Insiders Place Their Bets

In other Corpay news, CAO Alissa B. Vickery sold 1,701 shares of the stock in a transaction on Tuesday, February 10th. The shares were sold at an average price of $358.65, for a total transaction of $610,063.65. Following the sale, the chief accounting officer directly owned 2,180 shares of the company's stock, valued at approximately $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 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, for a total transaction of $2,519,840.00. Following the completion of the transaction, the director owned 29,241 shares in the company, valued at approximately $9,210,330.18. The trade was 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 currently owned by corporate insiders.

Analyst Upgrades and Downgrades

CPAY has been the topic of a number of recent research reports. UBS Group boosted 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. JPMorgan Chase & Co. lifted their price target on shares of Corpay from $350.00 to $390.00 and gave the stock an "overweight" rating in a research note on Thursday, February 5th. Wall Street Zen upgraded shares of Corpay from a "hold" rating to a "buy" rating in a report on Saturday. Royal Bank Of Canada upped their price objective on shares of Corpay from $344.00 to $363.00 and gave the company a "sector perform" rating in a research report on Thursday, February 5th. Finally, Raymond James Financial restated an "outperform" rating and set a $361.00 target price on shares of Corpay in a research note on Thursday. Ten analysts have rated the stock with a Buy rating and five have given a Hold rating to the stock. Based on data from MarketBeat, Corpay has an average rating of "Moderate Buy" and an average target price of $377.57.

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.

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