National Pension Service Purchases 491 Shares of Corpay, Inc. $CPAY

National Pension Service grew its position in Corpay, Inc. (NYSE:CPAY) by 0.5% in the 2nd quarter, according to the company in its most recent Form 13F filing with the Securities and Exchange Commission (SEC). The fund owned 99,943 shares of the company’s stock after purchasing an additional 491 shares during the period. National Pension Service owned about 0.14% of Corpay worth $33,163,000 at the end of the most recent reporting period.

A number of other large investors also recently made changes to their positions in CPAY. Vanguard Group Inc. grew its position in Corpay by 1.5% in the 1st quarter. Vanguard Group Inc. now owns 7,872,786 shares of the company’s stock worth $2,745,398,000 after purchasing an additional 119,987 shares in the last quarter. JPMorgan Chase & Co. boosted its stake in shares of Corpay by 11.1% in the 1st quarter. JPMorgan Chase & Co. now owns 4,728,635 shares of the company’s stock worth $1,648,970,000 after buying an additional 472,147 shares during the last quarter. Boston Partners grew its holdings in shares of Corpay by 5.5% in the second quarter. Boston Partners now owns 2,283,730 shares of the company’s stock valued at $756,697,000 after acquiring an additional 119,790 shares in the last quarter. Invesco Ltd. grew its holdings in shares of Corpay by 12.3% in the first quarter. Invesco Ltd. now owns 1,894,732 shares of the company’s stock valued at $660,731,000 after acquiring an additional 208,067 shares in the last quarter. Finally, Wellington Management Group LLP increased its position in shares of Corpay by 30.7% during the first quarter. Wellington Management Group LLP now owns 1,275,059 shares of the company’s stock valued at $444,639,000 after acquiring an additional 299,452 shares during the last quarter. 98.84% of the stock is owned by institutional investors.

Corpay Price Performance

Shares of NYSE:CPAY opened at $278.46 on Friday. The company has a quick ratio of 1.12, a current ratio of 1.12 and a debt-to-equity ratio of 1.48. The firm has a market capitalization of $19.66 billion, a PE ratio of 18.92, a P/E/G ratio of 1.02 and a beta of 0.95. Corpay, Inc. has a twelve month low of $252.84 and a twelve month high of $400.81. The company has a 50-day moving average price of $288.22 and a two-hundred day moving average price of $314.33.

Corpay (NYSE:CPAY) last posted its quarterly earnings results on Wednesday, November 5th. The company reported $5.70 earnings per share (EPS) for the quarter, beating the consensus estimate of $5.63 by $0.07. Corpay had a net margin of 25.17% and a return on equity of 39.13%. The company had revenue of $1.17 billion for the quarter, compared to analyst estimates of $1.16 billion. During the same quarter in the previous year, the firm posted $5.00 earnings per share. The company’s quarterly revenue was up 13.9% compared to the same quarter last year. Corpay has set its Q4 2025 guidance at 4.600-4.800 EPS. Equities analysts forecast that Corpay, Inc. will post 19.76 EPS for the current year.

Wall Street Analyst Weigh In

CPAY has been the topic of several research analyst reports. Keefe, Bruyette & Woods cut their price objective on Corpay from $445.00 to $400.00 and set an “outperform” rating on the stock in a research report on Wednesday, October 1st. Wall Street Zen cut Corpay from a “buy” rating to a “hold” rating in a research note on Saturday, October 11th. Raymond James Financial set a $392.00 price target on shares of Corpay and gave the company an “outperform” rating in a research report on Thursday, August 7th. Jefferies Financial Group restated a “buy” rating on shares of Corpay in a report on Monday, November 3rd. Finally, Morgan Stanley dropped their target price on shares of Corpay from $360.00 to $356.00 and set an “equal weight” rating on the stock in a research note on Monday, August 11th. Nine equities research analysts have rated the stock with a Buy rating and six have assigned a Hold rating to the company. According to data from MarketBeat, the stock has a consensus rating of “Moderate Buy” and an average price target of $379.71.

About Corpay

Corpay, Inc operates as a payments company that helps businesses and consumers manage vehicle-related expenses, lodging expenses, and corporate payments in the United States, Brazil, the United Kingdom, and internationally. The company offers vehicle payment solutions, which include fuel, tolls, parking, fleet maintenance, and long-haul transportation services, as well as prepaid food and transportation vouchers and cards.