Police & Firemen s Retirement System of New Jersey Grows Stock Holdings in Corpay, Inc. $CPAY

Police & Firemen s Retirement System of New Jersey increased its position in shares of Corpay, Inc. (NYSE:CPAY) by 4.4% in the second quarter, according to the company in its most recent Form 13F filing with the Securities and Exchange Commission. The institutional investor owned 10,344 shares of the company’s stock after purchasing an additional 435 shares during the period. Police & Firemen s Retirement System of New Jersey’s holdings in Corpay were worth $3,432,000 at the end of the most recent quarter.

A number of other institutional investors also recently bought and sold shares of CPAY. Atria Wealth Solutions Inc. raised its position in shares of Corpay by 4.7% during the 2nd quarter. Atria Wealth Solutions Inc. now owns 695 shares of the company’s stock worth $231,000 after acquiring an additional 31 shares in the last quarter. Meeder Advisory Services Inc. boosted its holdings in shares of Corpay by 5.0% in the 1st quarter. Meeder Advisory Services Inc. now owns 678 shares of the company’s stock valued at $236,000 after buying an additional 32 shares in the last quarter. Townsquare Capital LLC boosted its holdings in shares of Corpay by 0.7% in the 1st quarter. Townsquare Capital LLC now owns 4,520 shares of the company’s stock valued at $1,576,000 after buying an additional 32 shares in the last quarter. CVA Family Office LLC grew its position in shares of Corpay by 56.7% in the 2nd quarter. CVA Family Office LLC now owns 94 shares of the company’s stock valued at $31,000 after buying an additional 34 shares during the last quarter. Finally, BRITISH COLUMBIA INVESTMENT MANAGEMENT Corp raised its stake in Corpay by 0.3% during the 1st quarter. BRITISH COLUMBIA INVESTMENT MANAGEMENT Corp now owns 12,666 shares of the company’s stock worth $4,417,000 after acquiring an additional 35 shares in the last quarter. 98.84% of the stock is owned by hedge funds and other institutional investors.

Analyst Ratings Changes

Several equities analysts have issued reports on CPAY shares. Wall Street Zen downgraded shares of Corpay from a “buy” rating to a “hold” rating in a research note on Saturday, October 11th. Jefferies Financial Group reissued a “buy” rating on shares of Corpay in a report on Monday, November 3rd. UBS Group dropped their price target on Corpay from $340.00 to $315.00 and set a “neutral” rating on the stock in a research note on Thursday, November 6th. Morgan Stanley cut their price target on Corpay from $360.00 to $356.00 and set an “equal weight” rating on the stock in a research report on Monday, August 11th. Finally, Royal Bank Of Canada increased their price objective on Corpay from $336.00 to $344.00 and gave the company a “sector perform” rating in a report on Thursday, November 6th. Nine investment analysts have rated the stock with a Buy rating and six have issued a Hold rating to the company’s stock. According to data from MarketBeat.com, the company currently has an average rating of “Moderate Buy” and a consensus target price of $379.71.

Corpay Stock Performance

NYSE:CPAY opened at $278.46 on Monday. The company has a debt-to-equity ratio of 1.48, a current ratio of 1.12 and a quick ratio of 1.12. The firm has a market cap of $19.48 billion, a price-to-earnings ratio of 18.92, a price-to-earnings-growth ratio of 1.02 and a beta of 0.95. The firm’s fifty day moving average price is $288.22 and its 200 day moving average price is $314.19. Corpay, Inc. has a 1-year low of $252.84 and a 1-year high of $400.81.

Corpay (NYSE:CPAY) last announced its quarterly earnings data on Wednesday, November 5th. The company reported $5.70 EPS for the quarter, beating analysts’ consensus estimates of $5.63 by $0.07. Corpay had a net margin of 25.17% and a return on equity of 39.13%. The firm had revenue of $1.17 billion during the quarter, compared to the consensus estimate of $1.16 billion. During the same quarter last year, the firm earned $5.00 earnings per share. The firm’s revenue was up 13.9% compared to the same quarter last year. Corpay has set its Q4 2025 guidance at 4.600-4.800 EPS. On average, sell-side analysts expect that Corpay, Inc. will post 19.76 EPS for the current year.

Corpay Company Profile

Corpay, Inc operates as a payments company that helps businesses and consumers manage vehicle-related expenses, lodging expenses, and corporate payments in the United States, Brazil, the United Kingdom, and internationally. The company offers vehicle payment solutions, which include fuel, tolls, parking, fleet maintenance, and long-haul transportation services, as well as prepaid food and transportation vouchers and cards.