Delta Global Management LP Invests $2.36 Million in Corpay, Inc. $CPAY

Key Points

• Delta Global Management LP opened a new position in Corpay (NYSE:CPAY) in Q3, buying 8,202 shares valued at approximately $2.36 million.
• Corpay reported an EPS beat ($6.04 vs. $5.93) and 20.7% year-over-year revenue growth, and set FY2026 guidance of 25.50–26.50 EPS with Q1 2026 guidance of 5.38–5.52.
• Analysts are mostly positive—average rating " Moderate Buy" with an average price target of $377.57—while institutional ownership is ~98.84%; insiders own 5.04% and the CAO recently sold 1,701 shares, cutting her holding by 43.83%.

Delta Global Management LP acquired a new position in shares of Corpay, Inc. (NYSE:CPAY - Free Report) in the third quarter, according to its most recent disclosure with the Securities and Exchange Commission (SEC). The fund acquired 8,202 shares of the company's stock, valued at approximately $2,363,000.

A number of other institutional investors and hedge funds have also added to or reduced their stakes in the stock. Northwestern Mutual Wealth Management Co. boosted its holdings in Corpay by 4.8% during the second quarter. Northwestern Mutual Wealth Management Co. now owns 846 shares of the company's stock worth $281,000 after buying an additional 39 shares during the last quarter. Thrivent Financial for Lutherans raised its position in shares of Corpay by 1.4% in the 2nd quarter. Thrivent Financial for Lutherans now owns 2,771 shares of the company's stock valued at $919,000 after acquiring an additional 39 shares during the period. Renaissance Group LLC raised its position in shares of Corpay by 3.2% in the 2nd quarter. Renaissance Group LLC now owns 1,809 shares of the company's stock valued at $600,000 after acquiring an additional 56 shares during the period. US Bancorp DE boosted its stake in Corpay by 1.9% during the 3rd quarter. US Bancorp DE now owns 3,096 shares of the company's stock worth $892,000 after acquiring an additional 58 shares during the last quarter. Finally, Allworth Financial LP boosted its stake in Corpay by 37.4% during the 2nd quarter. Allworth Financial LP now owns 239 shares of the company's stock worth $79,000 after acquiring an additional 65 shares during the last quarter. Institutional investors own 98.84% of the company's stock.

Corpay Stock Performance

Shares of CPAY opened at $310.06 on Tuesday. The firm has a market cap of $21.69 billion, a P/E ratio of 20.62, a PEG ratio of 0.92 and a beta of 0.80. Corpay, Inc. has a twelve month low of $252.84 and a twelve month high of $361.99. The company has a debt-to-equity ratio of 1.70, a quick ratio of 0.98 and a current ratio of 0.98. The firm's 50 day moving average price is $327.84 and its two-hundred day moving average price is $306.72.

Corpay (NYSE:CPAY - Get Free Report) last issued its quarterly earnings data on Wednesday, February 4th. The company reported $6.04 earnings per share (EPS) for the quarter, topping the consensus estimate of $5.93 by $0.11. Corpay had a net margin of 23.62% and a return on equity of 37.13%. The company had revenue of $1.25 billion during the quarter, compared to the consensus estimate of $1.23 billion. During the same quarter in the prior year, the firm earned $5.36 earnings per share. The firm's revenue was up 20.7% compared to the same quarter last year. Corpay has set its FY 2026 guidance at 25.500-26.500 EPS and its Q1 2026 guidance at 5.380-5.520 EPS. On average, analysts forecast that Corpay, Inc. will post 19.76 EPS for the current fiscal year.

Analysts Set New Price Targets

Several equities research analysts have commented on the stock. Scotiabank raised shares of Corpay to a "sector outperform" rating in a research note on Monday, January 26th. Oppenheimer reissued an "outperform" rating and issued a $378.00 price target on shares of Corpay in a report on Thursday, February 5th. Royal Bank Of Canada upped their price objective on shares of Corpay from $344.00 to $363.00 and gave the company a "sector perform" rating in a research report on Thursday, February 5th. Mizuho raised their price objective on Corpay from $320.00 to $340.00 and gave the stock a "neutral" rating in a research note on Friday, February 6th. Finally, JPMorgan Chase & Co. lifted their target price on Corpay from $350.00 to $390.00 and gave the stock an "overweight" rating in a report on Thursday, February 5th. Ten research analysts have rated the stock with a Buy rating and five have given a Hold rating to the stock. According to data from MarketBeat, the company has an average rating of "Moderate Buy" and an average price target of $377.57.

Insiders Place Their Bets

In other Corpay news, CAO Alissa B. Vickery sold 1,701 shares of the stock in a transaction dated Tuesday, February 10th. The stock was sold at an average price of $358.65, for a total transaction of $610,063.65. Following the completion of the transaction, the chief accounting officer owned 2,180 shares in the company, valued at approximately $781,857. This represents a 43.83% decrease in their position. The transaction was disclosed in a document filed with the Securities & Exchange Commission, which is accessible through this link. Insiders own 5.04% of the company's stock.

Corpay 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.

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