2,335 Corpay, Inc $CPAY Shares Acquired by Provenance Wealth Advisors LLC

Provenance Wealth Advisors LLC increased its position in shares of Corpay, Inc (NYSE:CPAY) by 15,566.7% during the third quarter, according to the company in its most recent 13F filing with the SEC. The firm owned 2,350 shares of the corporate payments company’s stock after buying an additional 2,335 shares during the quarter. Provenance Wealth Advisors LLC’s holdings in Corpay were worth $913,000 at the end of the most recent quarter.

Several other institutional investors and hedge funds have also added to or reduced their stakes in the company. Hiddenite Capital Partners LP bought a new position in shares of Corpay in the 3rd quarter worth $17,098,000. Mirae Asset Global Investments Co. Ltd. bought a new position in Corpay in the 3rd quarter valued at about $6,461,000. Aviance Capital Partners LLC lifted its position in Corpay by 2.2% in the 3rd quarter. Aviance Capital Partners LLC now owns 15,171 shares of the corporate payments company’s stock valued at $5,895,000 after acquiring an additional 321 shares in the last quarter. Profund Advisors LLC acquired a new position in Corpay during the 3rd quarter valued at about $238,000. Finally, ProShare Advisors LLC boosted its stake in Corpay by 3.0% during the 3rd quarter. ProShare Advisors LLC now owns 14,862 shares of the corporate payments company’s stock valued at $5,775,000 after purchasing an additional 433 shares during the last quarter. Institutional investors own 98.84% of the company’s stock.

Analyst Upgrades and Downgrades

A number of analysts have commented on CPAY shares. Weiss Ratings raised Corpay from a “buy (b-)” rating to a “buy (b)” rating in a report on Thursday, October 8th. Robert W. Baird set a $475.00 target price on Corpay in a report on Thursday, August 6th. Scotiabank started coverage on Corpay in a research report on Wednesday, September 2nd. They set an “outperform” rating and a $536.00 target price on the stock. Cantor Fitzgerald upped their price target on Corpay from $415.00 to $480.00 and gave the stock an “overweight” rating in a report on Monday, August 10th. Finally, Royal Bank Of Canada increased their price target on Corpay from $423.00 to $438.00 and gave the company a “sector perform” rating in a research report on Monday, August 31st. Eleven equities research analysts have rated the stock with a Buy rating and three have assigned a Hold rating to the stock. According to MarketBeat, Corpay presently has an average rating of “Moderate Buy” and a consensus price target of $450.00.

Insider Activity at Corpay

In related news, CEO Ronald Clarke sold 119,486 shares of the stock in a transaction that occurred 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 directly owned 2,354,330 shares of the company’s stock, valued at approximately $970,925,692. This trade represents a 4.83% decrease in their ownership of the stock. The sale was disclosed in a legal filing with the SEC, which can be accessed through this link. Also, Director Steven T. Stull sold 4,000 shares of the business’s 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 completion of the transaction, the director directly owned 23,598 shares in the company, valued at approximately $9,690,754.68. This represents a 14.49% decrease in their position. The disclosure for this sale is available in the SEC filing. Over the last ninety days, insiders sold 220,860 shares of company stock valued at $91,395,514. 5.19% of the stock is currently owned by corporate insiders.

Corpay Stock Up 3.0%

Corpay stock opened at $418.79 on Thursday. Corpay, Inc has a fifty-two week low of $256.38 and a fifty-two week high of $427.46. The stock has a market cap of $27.50 billion, a PE ratio of 25.49, a price-to-earnings-growth ratio of 1.11 and a beta of 0.94. The firm’s 50-day simple moving average is $403.19 and its 200 day simple moving average is $359.03. The company has a debt-to-equity ratio of 1.70, a quick ratio of 0.97 and a current ratio of 0.97.

Corpay (NYSE:CPAY) last posted its quarterly earnings data on Wednesday, November 4th. The corporate payments company reported $7.54 EPS for the quarter, beating the consensus estimate of $7.20 by $0.34. Corpay had a net margin of 22.72% and a return on equity of 42.18%. The firm had revenue of $1.38 billion during the quarter, compared to analyst estimates of $1.36 billion. During the same quarter last year, the business posted $5.70 EPS. The company’s revenue for the quarter was up 17.9% on a year-over-year basis. Research analysts predict that Corpay, Inc will post 25.81 EPS for the current fiscal year.

Key Headlines Impacting Corpay

Here are the key news stories impacting Corpay this week:

• Positive Sentiment: Corpay reported adjusted earnings of $7.54 per share, above analyst expectations of about $7.19–$7.20 and up from $5.70 a year earlier. Revenue rose to $1.38 billion, topping the $1.36 billion consensus. Corpay Q3 Earnings and Revenues Top Estimates
• Positive Sentiment: The company raised its fiscal 2026 outlook, forecasting revenue of $5.34 billion to $5.36 billion—above FactSet’s $5.32 billion estimate. Higher guidance suggests management sees continued strength in the business. Corpay 2026 Revenue Outlook
• Neutral Sentiment: Corpay completed the sale of its vehicle maintenance business. The articles provided no sale price or details on the financial impact, so the effect on earnings and valuation is unclear. Corpay Completes Sale of Vehicle Maintenance Business

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.