Alps Advisors Inc. Acquires 13,303 Shares of Corpay, Inc $CPAY

Key Points

• Alps Advisors increased its Corpay stake by 324.8% in the third quarter, buying 13,303 shares to hold 17,399 shares valued at about $6.26 million.
• Corpay’s latest quarterly results beat expectations: adjusted EPS was $7.54 versus a $7.20 consensus, and revenue increased about 18% year over year to $1.38 billion.
• Analyst sentiment is broadly positive but not unanimous: MarketBeat reported a “Moderate Buy” consensus and an average price target of $469, while some analysts maintained neutral ratings.

Alps Advisors Inc. increased its holdings in shares of Corpay, Inc (NYSE:CPAY - Free Report) by 324.8% in the 3rd quarter, according to its most recent disclosure with the Securities and Exchange Commission (SEC). The firm owned 17,399 shares of the corporate payments company's stock after purchasing an additional 13,303 shares during the period. Alps Advisors Inc.'s holdings in Corpay were worth $6,255,000 at the end of the most recent quarter.

Several other large investors have also added to or reduced their stakes in the business. CenterBook Partners LP boosted its position in shares of Corpay by 58.9% during the 3rd quarter. CenterBook Partners LP now owns 11,077 shares of the corporate payments company's stock worth $4,112,000 after purchasing an additional 4,104 shares in the last quarter. Argonautica Private Wealth Management Inc. increased its position in Corpay by 6.1% in the 3rd quarter. Argonautica Private Wealth Management Inc. now owns 3,351 shares of the corporate payments company's stock valued at $1,302,000 after buying an additional 193 shares in the last quarter. Kestra Advisory Services LLC acquired a new position in Corpay during the 3rd quarter worth approximately $1,156,000. Inscription Capital LLC raised its stake in Corpay by 392.7% during the 3rd quarter. Inscription Capital LLC now owns 4,612 shares of the corporate payments company's stock worth $1,656,000 after buying an additional 3,676 shares during the period. Finally, Commonwealth Equity Services LLC raised its stake in Corpay by 644.2% during the 3rd quarter. Commonwealth Equity Services LLC now owns 6,460 shares of the corporate payments company's stock worth $2,332,000 after buying an additional 5,592 shares during the period. Institutional investors and hedge funds own 98.84% of the company's stock.

Trending Headlines about Corpay

Here are the key news stories impacting Corpay this week:

• Positive Sentiment: Corpay reported Q3 adjusted EPS of $7.54, above the roughly $7.20 consensus estimate, while revenue rose 18% year over year. Strength in Corporate Payments helped lift results. Corpay Q3 Earnings Beat Estimates, Revenues Increase 18% Y/Y
• Positive Sentiment: The company raised its 2026 outlook, projecting revenue of $5.34 billion–$5.36 billion, ahead of the cited FactSet estimate of $5.32 billion. It also forecast 9%–11% organic revenue growth in 2027 and plans to deploy about $2 billion of free cash flow, supporting its growth and capital-return case. Corpay’s 2027 growth outlook and free-cash-flow plans
• Positive Sentiment: Several analysts raised price targets after the results, including JPMorgan to $500, Keefe, Bruyette & Woods to $525, and Scotiabank to $539, reflecting improved expectations for Corpay’s prospects. Keefe, Bruyette & Woods raises Corpay price target
• Neutral Sentiment: Analyst views are not uniformly bullish: UBS lifted its target to $465 but maintained a neutral rating. Some coverage also asks whether the earnings-driven rally has already priced in much of the upside. Analysts’ opinions are mixed on Corpay

Analyst Ratings Changes

A number of brokerages have commented on CPAY. Royal Bank Of Canada raised their price objective on Corpay from $438.00 to $474.00 and gave the company a "sector perform" rating in a research note on Thursday. Raymond James Financial restated an "outperform" rating and set a $442.00 price objective on shares of Corpay in a report on Thursday, August 6th. UBS Group upped their target price on Corpay from $415.00 to $465.00 and gave the stock a "neutral" rating in a research report on Thursday. Cantor Fitzgerald increased their target price on Corpay from $415.00 to $480.00 and gave the stock an "overweight" rating in a report on Monday, August 10th. Finally, Scotiabank lifted their price target on shares of Corpay from $536.00 to $539.00 and gave the company a "sector outperform" rating in a research report on Thursday. Eleven research analysts have rated the stock with a Buy rating and three have issued a Hold rating to the company. According to data from MarketBeat, the company presently has an average rating of "Moderate Buy" and an average target price of $469.00.

Corpay Stock Performance

Shares of CPAY opened at $455.13 on Monday. The company has a debt-to-equity ratio of 1.82, a quick ratio of 0.95 and a current ratio of 0.95. The stock has a 50 day moving average price of $405.04 and a two-hundred day moving average price of $360.03. The firm has a market capitalization of $29.88 billion, a P/E ratio of 25.03, a P/E/G ratio of 1.06 and a beta of 0.94. Corpay, Inc has a 52 week low of $271.22 and a 52 week high of $479.53.

Corpay (NYSE:CPAY - Get Free Report) last issued its quarterly earnings data on Wednesday, November 4th. The corporate payments company reported $7.54 EPS for the quarter, topping the consensus estimate of $7.20 by $0.34. Corpay had a return on equity of 46.94% and a net margin of 23.73%. The firm had revenue of $1.38 billion during the quarter, compared to the consensus estimate of $1.36 billion. During the same period in the prior year, the business posted $5.70 earnings per share. The company's quarterly revenue was up 17.9% compared to the same quarter last year. Equities analysts forecast that Corpay, Inc will post 25.81 earnings per share for the current fiscal year.

Insider Buying and Selling at Corpay

In related news, CEO Ronald Clarke sold 119,486 shares of the company's stock in a transaction on 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 owned 2,354,330 shares in the company, valued at approximately $970,925,692. This represents a 4.83% decrease in their ownership of the stock. The sale was disclosed in a filing with the SEC, which can be accessed through this link. Also, Director Steven Stull sold 2,357 shares of the 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 sale, the director directly owned 21,241 shares of the company's stock, valued at $8,785,702.42. The trade was a 9.99% decrease in their ownership of the stock. Additional details regarding this sale are available in the official SEC disclosure. Insiders have sold 220,860 shares of company stock valued at $91,395,514 in the last quarter. 5.19% of the stock is currently owned by corporate insiders.

Corpay Company 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.

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