Corpay, Inc $CPAY Shares Sold by Wellington Management Group LLP

Wellington Management Group LLP cut its holdings in shares of Corpay, Inc (NYSE:CPAY) by 10.1% during the 2nd quarter, according to its most recent 13F filing with the Securities & Exchange Commission. The fund owned 920,505 shares of the corporate payments company’s stock after selling 103,498 shares during the quarter. Wellington Management Group LLP’s holdings in Corpay were worth $306,777,000 at the end of the most recent quarter.

Other institutional investors also recently made changes to their positions in the company. Empowered Funds LLC raised its holdings in Corpay by 141.3% in the first quarter. Empowered Funds LLC now owns 5,490 shares of the corporate payments company’s stock valued at $1,598,000 after acquiring an additional 3,215 shares in the last quarter. Moran Wealth Management LLC boosted its stake in Corpay by 77.9% during the 1st quarter. Moran Wealth Management LLC now owns 37,869 shares of the corporate payments company’s stock valued at $11,020,000 after acquiring an additional 16,586 shares during the last quarter. Procyon Advisors LLC grew its holdings in Corpay by 78.0% during the 1st quarter. Procyon Advisors LLC now owns 6,357 shares of the corporate payments company’s stock worth $1,850,000 after acquiring an additional 2,786 shares in the last quarter. Louisiana State Employees Retirement System acquired a new position in Corpay during the 1st quarter worth $1,048,000. Finally, Anchor Capital Advisors LLC increased its position in shares of Corpay by 6.9% in the 4th quarter. Anchor Capital Advisors LLC now owns 124,731 shares of the corporate payments company’s stock worth $37,535,000 after purchasing an additional 8,094 shares during the last quarter. 98.84% of the stock is owned by institutional investors and hedge funds.

Corpay Price Performance

CPAY opened at $408.69 on Monday. The company has a quick ratio of 0.97, a current ratio of 0.97 and a debt-to-equity ratio of 1.70. The company’s 50-day moving average price is $380.27 and its 200 day moving average price is $346.11. Corpay, Inc has a fifty-two week low of $252.84 and a fifty-two week high of $425.95. The firm has a market cap of $26.83 billion, a price-to-earnings ratio of 24.87, a price-to-earnings-growth ratio of 1.12 and a beta of 0.87.

Corpay (NYSE:CPAY) last released its quarterly earnings data on Wednesday, August 5th. The corporate payments company reported $7.00 earnings per share (EPS) for the quarter, beating analysts’ consensus estimates of $6.58 by $0.42. The business had revenue of $1.34 billion during the quarter, compared to analyst estimates of $1.30 billion. Corpay had a return on equity of 42.18% and a net margin of 22.72%.The business’s revenue for the quarter was up 21.5% compared to the same quarter last year. During the same quarter in the previous year, the firm posted $5.13 EPS. Corpay has set its Q3 2026 guidance at 7.050-7.250 EPS and its FY 2026 guidance at 27.150-27.550 EPS. As a group, sell-side analysts expect that Corpay, Inc will post 25.75 earnings per share for the current year.

Analysts Set New Price Targets

CPAY has been the topic of a number of recent analyst reports. Wall Street Zen upgraded shares of Corpay from a “hold” rating to a “buy” rating in a research note on Saturday. Raymond James Financial reiterated an “outperform” rating and issued a $442.00 price target on shares of Corpay in a research note on Thursday, August 6th. Cantor Fitzgerald boosted their price objective on Corpay from $415.00 to $480.00 and gave the company an “overweight” rating in a report on Monday, August 10th. Royal Bank Of Canada upped their price objective on Corpay from $363.00 to $423.00 and gave the company a “sector perform” rating in a research note on Thursday, August 6th. Finally, Robert W. Baird set a $475.00 target price on Corpay in a report on Thursday, August 6th. Twelve research analysts have rated the stock with a Buy rating and three have issued a Hold rating to the company. According to MarketBeat, the company currently has a consensus rating of “Moderate Buy” and a consensus target price of $430.31.

Insider Activity

In related news, CEO Ronald Clarke sold 119,486 shares of the stock in a transaction dated Tuesday, August 25th. The shares were sold at an average price of $412.40, for a total value of $49,276,026.40. Following the completion of the transaction, the chief executive officer owned 2,354,330 shares in the company, valued at $970,925,692. This represents a 4.83% decrease in their position. The sale was disclosed in a filing with the SEC, which is available at this hyperlink. Also, insider Armando Lins Netto sold 70,476 shares of the firm’s stock in a transaction dated Monday, June 15th. The shares were sold at an average price of $352.13, for a total transaction of $24,816,713.88. Following the transaction, the insider directly owned 11,274 shares in the company, valued at approximately $3,969,913.62. The trade was a 86.21% decrease in their position. The SEC filing for this sale provides additional information. Over the last ninety days, insiders have sold 292,336 shares of company stock valued at $116,573,008. Company insiders own 5.19% of the company’s stock.

Corpay Profile

Corpay is a global corporate payments company that provides businesses with a range of payment and expense management solutions. Its services are designed to help organizations manage payables, card programs, travel and fleet-related expenses, and cross-border transactions more efficiently.

The company serves customers across a variety of industries and geographies, offering software and payment tools that streamline accounts payable, vendor payments, and workforce payments. Corpay also provides specialized solutions for fleet management and international payments, helping businesses control costs and simplify financial operations.

Corpay operates as part of the broader financial technology and payment processing sector.