Corpay (NYSE:CPAY) Downgraded by Wall Street Zen to "Hold"

Key Points

• Wall Street Zen downgraded Corpay to “Hold” from “Buy,” although the broader analyst consensus remains “Moderate Buy,” with 12 Buy ratings and three Holds and an average price target of $438.93.
• Corpay reported stronger-than-expected quarterly results, posting $7.00 in earnings per share and $1.34 billion in revenue, up 21.5% year over year. The company issued third-quarter 2026 EPS guidance of $7.05–$7.25 and full-year guidance of $27.15–$27.55.
• Shares opened at $408.95, near their 52-week high of $427.46, while insiders sold about $91.4 million of stock during the latest quarter. Institutional investors own 98.84% of Corpay’s shares.

Corpay (NYSE:CPAY - Get Free Report) was downgraded by research analysts at Wall Street Zen from a "buy" rating to a "hold" rating in a note issued to investors on Saturday, Wall Street Zen reports.

Other analysts also recently issued research reports about the company. Wolfe Research boosted their target price on Corpay from $475.00 to $530.00 and gave the stock an "outperform" rating in a research report on Tuesday, August 25th. Robert W. Baird set a $475.00 price target on shares of Corpay in a research note on Thursday, August 6th. UBS Group boosted their price objective on shares of Corpay from $385.00 to $415.00 and gave the stock a "neutral" rating in a report on Thursday, August 6th. Weiss Ratings raised shares of Corpay from a "buy (b-)" rating to a "buy (b)" rating in a research note on Thursday, October 8th. Finally, Keefe, Bruyette & Woods increased their target price on shares of Corpay from $400.00 to $470.00 and gave the company an "outperform" rating in a report on Thursday, August 6th. Twelve investment analysts have rated the stock with a Buy rating and three have assigned a Hold rating to the stock. Based on data from MarketBeat, Corpay presently has an average rating of "Moderate Buy" and a consensus price target of $438.93.

Corpay Stock Performance

NYSE CPAY opened at $408.95 on Friday. Corpay has a 52-week low of $252.84 and a 52-week high of $427.46. The company has a debt-to-equity ratio of 1.70, a quick ratio of 0.97 and a current ratio of 0.97. The company has a market capitalization of $26.85 billion, a P/E ratio of 24.89, a P/E/G ratio of 1.14 and a beta of 0.89. The company has a fifty day moving average of $404.60 and a 200-day moving average of $371.95.

Corpay (NYSE:CPAY - Get Free Report) last released its earnings results on Wednesday, August 5th. The corporate payments company reported $7.00 EPS for the quarter, beating analysts' consensus estimates of $6.58 by $0.42. Corpay had a return on equity of 42.18% and a net margin of 22.72%. The business had revenue of $1.34 billion for the quarter, compared to analysts' expectations of $1.30 billion. During the same quarter in the prior year, the firm earned $5.13 earnings per share. The firm's revenue was up 21.5% on a year-over-year basis. 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, equities research analysts predict that Corpay will post 25.79 EPS for the current fiscal year.

Insider Buying and Selling at Corpay

In other Corpay news, Director Steven T. Stull sold 2,357 shares of the company's stock in a transaction on Thursday, August 20th. The shares were sold at an average price of $413.62, for a total value of $974,902.34. Following the completion of the transaction, the director directly owned 21,241 shares in the company, valued at approximately $8,785,702.42. This represents a 9.99% decrease in their position. The sale was disclosed in a document filed with the Securities & Exchange Commission, which can be accessed through the SEC website. Also, CEO Ronald Clarke sold 119,486 shares of the firm's stock in a transaction dated Tuesday, August 25th. The stock was sold at an average price of $412.40, for a total transaction of $49,276,026.40. Following the completion of the sale, the chief executive officer directly owned 2,354,330 shares of the company's stock, valued at approximately $970,925,692. This represents a 4.83% decrease in their ownership of the stock. Additional details regarding this sale are available in the official SEC disclosure. In the last quarter, insiders sold 220,860 shares of company stock worth $91,395,514. 5.19% of the stock is currently owned by company insiders.

Institutional Inflows and Outflows

A number of institutional investors and hedge funds have recently made changes to their positions in CPAY. Bank of New York Mellon Corp bought a new stake in Corpay during the second quarter worth about $107,805,000. Hawk Ridge Capital Management LP increased its stake in shares of Corpay by 20.5% in the 1st quarter. Hawk Ridge Capital Management LP now owns 532,180 shares of the corporate payments company's stock worth $154,859,000 after purchasing an additional 90,360 shares in the last quarter. Spruce House Investment Management LLC increased its position in Corpay by 6.0% in the first quarter. Spruce House Investment Management LLC now owns 880,000 shares of the corporate payments company's stock worth $256,071,000 after buying an additional 50,000 shares in the last quarter. Robeco Institutional Asset Management B.V. lifted its holdings in Corpay by 5,288.3% during the third quarter. Robeco Institutional Asset Management B.V. now owns 42,514 shares of the corporate payments company's stock valued at $15,122,000 after purchasing an additional 41,725 shares in the last quarter. Finally, Wedge Capital Management L L P NC boosted its holdings in Corpay by 22.1% in the 2nd quarter. Wedge Capital Management L L P NC now owns 222,662 shares of the corporate payments company's stock worth $74,207,000 after buying an additional 40,321 shares during the period. Hedge funds and other institutional investors own 98.84% of the company's stock.

About Corpay

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.

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