Corpay, Inc $CPAY Stock Purchased by Investment House LLC

Key Points

• Investment House LLC increased its Corpay position by 230.5% in the third quarter, owning 24,555 shares valued at approximately $8.9 million. Institutional investors collectively hold 98.84% of Corpay’s stock.
• Corpay reported quarterly earnings of $7.00 per share, beating estimates of $6.58, while revenue rose 21.5% year over year to $1.34 billion.
• Analysts maintain a “Moderate Buy” consensus, with 12 Buy ratings and three Holds and an average price target of $438.93. However, insiders sold 220,860 shares worth roughly $91.4 million during the last quarter.

Investment House LLC lifted its position in Corpay, Inc (NYSE:CPAY - Free Report) by 230.5% during the third quarter, according to the company in its most recent filing with the Securities and Exchange Commission (SEC). The fund owned 24,555 shares of the corporate payments company's stock after buying an additional 17,125 shares during the period. Investment House LLC's holdings in Corpay were worth $8,925,000 as of its most recent filing with the Securities and Exchange Commission (SEC).

A number of other hedge funds also recently bought and sold shares of CPAY. SBI Securities Co. Ltd. lifted its stake in shares of Corpay by 37,000.0% in the 3rd quarter. SBI Securities Co. Ltd. now owns 371 shares of the corporate payments company's stock worth $132,000 after purchasing an additional 370 shares during the period. Hosking Partners LLP bought a new stake in Corpay during the third quarter valued at approximately $8,578,000. Sowell Financial Services LLC bought a new stake in Corpay during the third quarter valued at approximately $373,000. Quadrant Capital Group LLC grew its position in Corpay by 42.1% during the third quarter. Quadrant Capital Group LLC now owns 4,722 shares of the corporate payments company's stock valued at $1,849,000 after buying an additional 1,398 shares during the period. Finally, Nisa Investment Advisors LLC increased its holdings in Corpay by 336.0% during the third quarter. Nisa Investment Advisors LLC now owns 27,587 shares of the corporate payments company's stock valued at $9,931,000 after buying an additional 21,260 shares during the last quarter. Hedge funds and other institutional investors own 98.84% of the company's stock.

Corpay Stock Performance

Shares of NYSE CPAY opened at $415.17 on Friday. The firm has a fifty day moving average price of $404.78 and a 200-day moving average price of $371.28. The company has a debt-to-equity ratio of 1.70, a current ratio of 0.97 and a quick ratio of 0.97. The stock has a market cap of $27.26 billion, a PE ratio of 25.27, a price-to-earnings-growth ratio of 1.12 and a beta of 0.89. Corpay, Inc has a 1 year low of $252.84 and a 1 year high of $427.46.

Corpay (NYSE:CPAY - Get Free Report) last released its earnings results on Wednesday, August 5th. The corporate payments company reported $7.00 earnings per share for the quarter, beating analysts' consensus estimates of $6.58 by $0.42. The company had revenue of $1.34 billion for the quarter, compared to analysts' expectations of $1.30 billion. Corpay had a net margin of 22.72% and a return on equity of 42.18%. Corpay's revenue for the quarter was up 21.5% on a year-over-year basis. During the same quarter in the previous year, the company earned $5.13 EPS. Corpay has set its Q3 2026 guidance at 7.050-7.250 EPS and its FY 2026 guidance at 27.150-27.550 EPS. Equities analysts anticipate that Corpay, Inc will post 25.79 earnings per share for the current fiscal year.

Insiders Place Their Bets

In other Corpay news, 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 sale, the chief executive officer directly owned 2,354,330 shares of the company's stock, valued at $970,925,692. This trade represents a 4.83% decrease in their ownership of the stock. The transaction was disclosed in a legal filing with the Securities & Exchange Commission, which is available through the SEC website. Also, Director Steven Stull sold 2,357 shares of the business's stock in a transaction dated 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 owned 21,241 shares in the company, 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 sold a total of 220,860 shares of company stock valued at $91,395,514 in the last quarter. 5.19% of the stock is currently owned by company insiders.

Analyst Ratings Changes

Several research analysts have recently weighed in on the stock. Wolfe Research lifted their price target on shares of Corpay from $475.00 to $530.00 and gave the stock an "outperform" rating in a research note on Tuesday, August 25th. JPMorgan Chase & Co. upped their price objective on Corpay from $400.00 to $470.00 and gave the stock an "overweight" rating in a research note on Thursday, August 6th. Weiss Ratings raised Corpay from a "buy (b-)" rating to a "buy (b)" rating in a report on Thursday, October 8th. UBS Group lifted their target price on Corpay from $385.00 to $415.00 and gave the company a "neutral" rating in a research report on Thursday, August 6th. Finally, Royal Bank Of Canada boosted their price target on Corpay from $423.00 to $438.00 and gave the company a "sector perform" rating in a report on Monday, August 31st. Twelve research analysts have rated the stock with a Buy rating and three have issued a Hold rating to the company's stock. Based on data from MarketBeat, the company currently has an average rating of "Moderate Buy" and a consensus price target of $438.93.

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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