M&T Bank Corp Boosts Position in Corpay, Inc. $CPAY

M&T Bank Corp boosted its holdings in shares of Corpay, Inc. (NYSE:CPAY) by 4,657.7% during the 4th quarter, according to the company in its most recent 13F filing with the Securities and Exchange Commission (SEC). The institutional investor owned 1,044,074 shares of the company’s stock after acquiring an additional 1,022,129 shares during the period. Corpay comprises about 0.9% of M&T Bank Corp’s portfolio, making the stock its 17th largest position. M&T Bank Corp’s holdings in Corpay were worth $314,193,000 at the end of the most recent quarter.

Several other hedge funds and other institutional investors also recently added to or reduced their stakes in CPAY. BOKF NA grew its holdings in Corpay by 4,700.0% during the 3rd quarter. BOKF NA now owns 96 shares of the company’s stock worth $28,000 after acquiring an additional 94 shares in the last quarter. Root Financial Partners LLC bought a new position in Corpay during the 3rd quarter worth about $40,000. Board of the Pension Protection Fund bought a new position in Corpay during the 4th quarter worth about $48,000. Advisory Services Network LLC bought a new position in Corpay during the 3rd quarter worth about $48,000. Finally, Mather Group LLC. bought a new position in Corpay during the 3rd quarter worth about $49,000. 98.84% of the stock is currently owned by institutional investors.

Corpay Stock Down 2.2%

CPAY stock opened at $329.95 on Wednesday. The firm has a 50 day moving average of $316.75 and a 200 day moving average of $306.31. The stock has a market capitalization of $22.45 billion, a PE ratio of 21.94, a price-to-earnings-growth ratio of 0.96 and a beta of 0.85. 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 52 week low of $252.84 and a 52 week high of $361.99.

Corpay (NYSE:CPAY) last released its earnings results on Wednesday, February 4th. The company reported $6.04 EPS for the quarter, topping analysts’ consensus estimates of $5.93 by $0.11. The company had revenue of $1.25 billion during the quarter, compared to analysts’ expectations of $1.23 billion. Corpay had a net margin of 23.62% and a return on equity of 37.13%. Corpay’s revenue for the quarter was up 20.7% on a year-over-year basis. During the same period last year, the business earned $5.36 EPS. 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 forecast that Corpay, Inc. will post 24.59 earnings per share for the current year.

Insider Buying and Selling

In related news, CAO Alissa B. Vickery sold 1,701 shares of Corpay stock in a transaction that occurred on 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 directly owned 2,180 shares in the company, valued at $781,857. This trade represents a 43.83% decrease in their position. The transaction was disclosed in a document filed with the Securities & Exchange Commission, which is available at this link. 5.19% of the stock is owned by company insiders.

Wall Street Analyst Weigh In

Several research analysts have issued reports on CPAY shares. Mizuho increased their target price on shares of Corpay from $320.00 to $340.00 and gave the stock a “neutral” rating in a report on Friday, February 6th. Robert W. Baird dropped their target price on shares of Corpay from $440.00 to $380.00 and set an “outperform” rating on the stock in a report on Tuesday, March 31st. Scotiabank upgraded shares of Corpay to a “sector outperform” rating in a report on Monday, January 26th. Weiss Ratings restated a “hold (c+)” rating on shares of Corpay in a report on Monday, December 29th. Finally, Raymond James Financial restated an “outperform” rating and issued a $361.00 price target on shares of Corpay in a report on Thursday, March 5th. Ten investment analysts have rated the stock with a Buy rating and five have issued a Hold rating to the company’s stock. According to data from MarketBeat, the company presently has an average rating of “Moderate Buy” and an average price target of $371.23.

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.