Corpay (NYSE:CPAY) Stock Rating Cut to “Hold” at Wall Street Zen

Wall Street Zen lowered shares of Corpay (NYSE:CPAY) from a buy rating to a hold rating in a report published on Saturday morning,Wall Street Zen reports.

CPAY has been the topic of a number of other reports. Wolfe Research raised their price target on Corpay from $475.00 to $530.00 and gave the stock an “outperform” rating in a research note on Tuesday, August 25th. Scotiabank began coverage on shares of Corpay in a research note on Wednesday, September 2nd. They set an “outperform” rating and a $536.00 price objective for the company. Morgan Stanley set a $455.00 price objective on shares of Corpay in a report on Friday, August 7th. UBS Group increased 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. Finally, JPMorgan Chase & Co. raised their target price on shares of Corpay from $400.00 to $470.00 and gave the stock an “overweight” rating in a research report on Thursday, August 6th. Twelve equities research analysts have rated the stock with a Buy rating and three have given a Hold rating to the company. According to MarketBeat, the stock presently has an average rating of “Moderate Buy” and a consensus target price of $438.93.

Corpay Price Performance

CPAY stock opened at $408.95 on Friday. The stock has a market capitalization of $26.85 billion, a price-to-earnings ratio of 24.89, a price-to-earnings-growth ratio of 1.12 and a beta of 0.89. The company has a quick ratio of 0.97, a current ratio of 0.97 and a debt-to-equity ratio of 1.70. Corpay has a 52-week low of $252.84 and a 52-week high of $427.46. The stock’s fifty day simple moving average is $404.60 and its 200-day simple moving average is $372.37.

Corpay (NYSE:CPAY) last released its earnings results on Wednesday, August 5th. The corporate payments company reported $7.00 EPS for the quarter, beating the consensus estimate of $6.58 by $0.42. The firm had revenue of $1.34 billion during the quarter, compared to analyst estimates of $1.30 billion. Corpay had a return on equity of 42.18% and a net margin of 22.72%. The business’s quarterly revenue was up 21.5% compared to the same quarter last year. During the same period in the prior year, the firm posted $5.13 earnings per share. 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 research analysts expect that Corpay will post 25.79 EPS for the current year.

Insider Buying and Selling at Corpay

In related news, Director Steven Stull sold 4,000 shares of Corpay stock in a transaction on Wednesday, August 19th. The stock was sold at an average price of $410.66, for a total value of $1,642,640.00. Following the transaction, the director owned 23,598 shares in the company, valued at approximately $9,690,754.68. This trade represents a 14.49% decrease in their ownership of the stock. The sale was disclosed in a legal filing with the Securities & Exchange Commission, which can be accessed through the SEC website. Also, CEO Ronald Clarke sold 119,486 shares of Corpay stock in a transaction on Tuesday, August 25th. The shares were sold at an average price of $412.40, for a total value of $49,276,026.40. Following the completion of the transaction, the chief executive officer owned 2,354,330 shares in the company, valued at $970,925,692. The trade was a 4.83% decrease in their position. Additional details regarding this sale are available in the official SEC disclosure. Insiders sold a total of 220,860 shares of company stock worth $91,395,514 over the last ninety days. Corporate insiders own 5.19% of the company’s stock.

Hedge Funds Weigh In On Corpay

Several hedge funds and other institutional investors have recently modified their holdings of the company. Empowered Funds LLC lifted its position in Corpay by 141.3% during the first quarter. Empowered Funds LLC now owns 5,490 shares of the corporate payments company’s stock valued at $1,598,000 after buying an additional 3,215 shares in the last quarter. National Pension Service grew its stake in Corpay by 49.8% during the second quarter. National Pension Service now owns 8,711 shares of the corporate payments company’s stock worth $2,903,000 after buying an additional 2,894 shares during the period. Nykredit A S purchased a new stake in Corpay during the second quarter worth approximately $7,473,000. Moran Wealth Management LLC increased its position in shares of Corpay by 77.9% in the first quarter. Moran Wealth Management LLC now owns 37,869 shares of the corporate payments company’s stock worth $11,020,000 after acquiring an additional 16,586 shares in the last quarter. Finally, Procyon Advisors LLC increased its position in shares of Corpay by 78.0% in the first quarter. Procyon Advisors LLC now owns 6,357 shares of the corporate payments company’s stock worth $1,850,000 after acquiring an additional 2,786 shares in the last quarter. 98.84% of the stock is owned by institutional investors and hedge funds.

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.