Corpay, Inc. $CPAY Shares Sold by Swiss National Bank

Key Points

• Swiss National Bank trimmed its Corpay stake by 4.4% in Q3, selling 8,900 shares and leaving it with 193,100 shares worth about $55.6 million (0.27% of the company).
• Other large institutions including Vanguard, Orbis Allan Gray, Boston Partners, Invesco and Geode increased their holdings, leaving institutional investors owning 98.84% of Corpay.
• Analyst sentiment has firmed—ten Buy vs five Hold ratings and a consensus "Moderate Buy" with a $377.57 target—supported by a recent earnings beat (Q EPS $6.04 vs $5.93) and FY2026 guidance of 25.50–26.50 EPS.

Swiss National Bank reduced its holdings in shares of Corpay, Inc. (NYSE:CPAY - Free Report) by 4.4% in the 3rd quarter, according to the company in its most recent disclosure with the Securities & Exchange Commission. The firm owned 193,100 shares of the company's stock after selling 8,900 shares during the quarter. Swiss National Bank owned 0.27% of Corpay worth $55,624,000 at the end of the most recent quarter.

Several other large investors also recently made changes to their positions in the business. Vanguard Group Inc. lifted its holdings in shares of Corpay by 0.7% during the 3rd quarter. Vanguard Group Inc. now owns 8,182,672 shares of the company's stock valued at $2,357,100,000 after acquiring an additional 58,235 shares in the last quarter. Orbis Allan Gray Ltd increased its holdings in Corpay by 3.3% in the 2nd 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 in the last quarter. Boston Partners raised 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 purchasing an additional 125,331 shares during the period. Invesco Ltd. lifted 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 worth $656,649,000 after purchasing an additional 84,198 shares in the last quarter. Finally, Geode Capital Management LLC lifted its stake in shares of Corpay by 3.5% during the second quarter. Geode Capital Management LLC now owns 1,871,511 shares of the company's stock worth $619,643,000 after purchasing an additional 63,287 shares in the last quarter. Institutional investors and hedge funds own 98.84% of the company's stock.

Analyst Ratings Changes

A number of equities research analysts have recently issued reports on the company. Wall Street Zen upgraded Corpay from a "hold" rating to a "buy" rating in a research note on Saturday, March 7th. Weiss Ratings reiterated a "hold (c+)" rating on shares of Corpay in a research note on Monday, December 29th. 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. Royal Bank Of Canada raised their price target on shares of Corpay from $344.00 to $363.00 and gave the company a "sector perform" rating in a report on Thursday, February 5th. Finally, Mizuho lifted their price target on shares of Corpay from $320.00 to $340.00 and gave the stock a "neutral" rating in a research note on Friday, February 6th. Ten investment analysts have rated the stock with a Buy rating and five have assigned a Hold rating to the company. According to MarketBeat.com, Corpay has a consensus rating of "Moderate Buy" and a consensus target price of $377.57.

Insider Buying and Selling at Corpay

In other news, CAO Alissa B. Vickery sold 1,701 shares of the business's stock in a transaction dated Tuesday, February 10th. The shares were sold at an average price of $358.65, for a total value of $610,063.65. Following the completion of the sale, the chief accounting officer owned 2,180 shares of the company's stock, valued at approximately $781,857. The trade was a 43.83% decrease in their position. The transaction was disclosed in a document filed with the Securities & Exchange Commission, which is available at the SEC website. Also, Director Steven T. Stull bought 8,000 shares of the business's stock in a transaction dated Friday, December 12th. The stock was bought at an average price of $314.98 per share, for a total transaction of $2,519,840.00. Following the purchase, 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. Corporate insiders own 5.04% of the company's stock.

Corpay Price Performance

Shares of NYSE CPAY opened at $330.55 on Thursday. The company has a quick ratio of 0.98, a current ratio of 0.98 and a debt-to-equity ratio of 1.70. Corpay, Inc. has a fifty-two week low of $252.84 and a fifty-two week high of $361.99. The business has a 50 day moving average price of $327.05 and a two-hundred day moving average price of $307.02. The firm has a market cap of $23.12 billion, a PE ratio of 21.98, a price-to-earnings-growth ratio of 0.95 and a beta of 0.80.

Corpay (NYSE:CPAY - Get Free Report) last announced its earnings results on Wednesday, February 4th. The company reported $6.04 earnings per share (EPS) for the quarter, beating analysts' consensus estimates of $5.93 by $0.11. Corpay had a return on equity of 37.13% and a net margin of 23.62%.The company 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. Corpay's quarterly revenue was up 20.7% on a year-over-year basis. Corpay has set its FY 2026 guidance at 25.500-26.500 EPS and its Q1 2026 guidance at 5.380-5.520 EPS. Sell-side analysts expect that Corpay, Inc. will post 19.76 earnings per share for the current fiscal 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.

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