Allianz Asset Management GmbH Lowers Stock Position in Corpay, Inc. $CPAY

Allianz Asset Management GmbH trimmed its stake in Corpay, Inc. (NYSE:CPAY) by 3.8% during the third quarter, according to its most recent 13F filing with the SEC. The firm owned 584,630 shares of the company’s stock after selling 23,277 shares during the period. Allianz Asset Management GmbH owned about 0.83% of Corpay worth $168,409,000 as of its most recent filing with the SEC.

Other large investors have also recently made changes to their positions in the company. Vanguard Group Inc. lifted its stake in Corpay by 3.2% during the second quarter. Vanguard Group Inc. now owns 8,124,437 shares of the company’s stock worth $2,695,851,000 after purchasing an additional 251,651 shares in the last quarter. Orbis Allan Gray Ltd raised its holdings in shares of 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 buying an additional 124,368 shares during the period. Boston Partners lifted its stake in Corpay by 5.8% during the 2nd quarter. Boston Partners now owns 2,289,271 shares of the company’s stock worth $758,536,000 after acquiring an additional 125,331 shares in the last quarter. Invesco Ltd. boosted its holdings in Corpay by 4.4% during the 2nd quarter. Invesco Ltd. now owns 1,978,930 shares of the company’s stock valued at $656,649,000 after acquiring an additional 84,198 shares during the period. Finally, Geode Capital Management LLC grew its position in Corpay by 3.5% in the 2nd quarter. Geode Capital Management LLC now owns 1,871,511 shares of the company’s stock valued at $619,643,000 after acquiring an additional 63,287 shares in the last quarter. 98.84% of the stock is currently owned by institutional investors and hedge funds.

Corpay Price Performance

Corpay stock opened at $304.54 on Tuesday. The company has a current ratio of 1.13, a quick ratio of 1.13 and a debt-to-equity ratio of 1.41. The company has a fifty day simple moving average of $311.75 and a 200-day simple moving average of $304.77. The stock has a market cap of $21.31 billion, a P/E ratio of 20.67, a price-to-earnings-growth ratio of 0.96 and a beta of 0.82. Corpay, Inc. has a 12-month low of $252.84 and a 12-month high of $400.81.

Corpay (NYSE:CPAY) last announced its quarterly earnings results on Wednesday, November 5th. The company reported $5.70 earnings per share (EPS) for the quarter, topping analysts’ consensus estimates of $5.63 by $0.07. Corpay had a return on equity of 37.83% and a net margin of 24.37%.The company had revenue of $1.17 billion during the quarter, compared to the consensus estimate of $1.16 billion. During the same period in the previous year, the business earned $5.00 EPS. Corpay’s revenue for the quarter was up 13.9% on a year-over-year basis. Corpay has set its Q4 2025 guidance at 4.600-4.800 EPS. Equities analysts expect that Corpay, Inc. will post 19.76 EPS for the current fiscal year.

Insider Buying and Selling

In related news, Director Steven T. Stull purchased 8,000 shares of the company’s stock in a transaction on Friday, December 12th. The shares were bought at an average cost of $314.98 per share, for a total transaction of $2,519,840.00. Following the completion of the purchase, the director directly owned 29,241 shares of the company’s stock, valued at approximately $9,210,330.18. This trade represents a 37.66% increase in their position. The purchase was disclosed in a legal filing with the SEC, which can be accessed through this link. 5.04% of the stock is owned by corporate insiders.

Wall Street Analysts Forecast Growth

Several brokerages have recently issued reports on CPAY. Royal Bank Of Canada increased their price target on shares of Corpay from $336.00 to $344.00 and gave the stock a “sector perform” rating in a research report on Thursday, November 6th. Wall Street Zen downgraded shares of Corpay from a “buy” rating to a “hold” rating in a research note on Saturday, October 11th. UBS Group decreased their price target on shares of Corpay from $340.00 to $315.00 and set a “neutral” rating for the company in a research report on Thursday, November 6th. Jefferies Financial Group restated a “buy” rating on shares of Corpay in a research note on Monday, November 3rd. Finally, Morgan Stanley started coverage on Corpay in a research note on Monday, January 26th. They issued an “overweight” rating and a $379.00 price objective on the stock. One equities research analyst has rated the stock with a Strong Buy rating, nine have assigned a Buy rating and four have assigned a Hold rating to the stock. According to MarketBeat.com, the stock has an average rating of “Moderate Buy” and a consensus price target of $369.46.

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.